The report titled Telecom Towers in India Market which was recently added by Kenneth Research, aims at providing the clients with the business growth and investment opportunities present in the market globally. Further, the market is evaluated on various parameters that is covered in the report and further includes market size, market volume and the growth rate over the forecast period, i.e., 2022-2031. The market is further anticipated to grow with a robust CAGR throughout the forecast period.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Telecom Towers in India Market Products.
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In Canada, the ICT sector consists of around 41,500 companies. Out of these, over 37,000 companies fall under software and computer services industry, resulting in around 89.8% of key players in the ICT industry to be involved in software and computer services. On the other hand, in the year 2018, as per the statistics of the Canadian ICT Sector Profile, released by the Government of Canada, ICT wholesaling, communications services and ICT manufacturing contributes to 4.5%, 3.4% and 2.2% share respectively in the country.
Indian telecom sector is the third largest sector in the world and second largest among the Asian emerging economies. Amongst the 811.6 bn wireless subscribers in India, 66% reside in urban areas and 34% hail from rural areas. With low penetration in the rural areas which accounts for nearly 70% of the country’s total population, there remains a huge potential in rural front. Rising penetration of telecom services and future introduction of newer generation wireless network will require more telecom tower deployment across the country.
The telecom infrastructure primarily consists of telecom tower operation and it takes up around 60-65% of the total infrastructure deployment and management cost. “If we ignore power and fuel expenses, telecom tower generates roughly INR 180-200 bn of revenues annually, in the present market scenario” says Mr. Kalyan Banga, Product Manager at Netscribes. India and United States are the prime countries where telecom tower is recognized as an independent industry. In the US market penetration level of wireless telecom services has reached around 90%, the market has reached too much opf a maturity stage for telecom towers to make significant revenue locally. Companies across the globe are now focusing on emerging markets and countries with lucrative opportunities such as India. New government policy and huge prospect in rural infrastructure deployment makes India an ideal market for large scale telecom tower implementation and operation. “Although telecom tower market is highly fragmented, the major 6 companies hold around 90% of the total market” added Kalyan.
Infrastructure sharing is the first step towards cost reduction resulting better returns from telecom tower business. “Analysis shows, proper resource utilization and shifting to alternate energy will help reduce operation costs significantly” noted Kalyan.
The report begins with ‘Introduction’ section covering overview of telecom industry which provides basic idea of the state of the overall industry, telecom tower vertical’s position in the industry, the types of telecom towers and a pictorial representation of basic telecom network infrastructure.
The ‘Market Overview’ section elaborates global & domestic market state of telecom tower business. It is accompanied by a plethora of statistical information regarding wireless tower in global scenario as well as in India such as global trend, domestic telecom tower demand or requirements, revenue generated from telecom towers, state of cell tower orientation in major countries and other related information. The India section also elaborates on the numbers of telecom towers in various states, market share of major telecom tower companies, telecom tower business model and the major government bodies.
It is followed by ‘Scope in India’ section where various potential areas for telecom towers in India are elaborated. Specific aspects such as government policy and rural opportunity have been highlighted with information regarding their state and future prospect of the same. The section continues with ‘Types of Infrastructure Sharing’ stressing on the two major types of sharing prevalent across the globe. It also focuses on major benefits of telecom infrastructure sharing and it is explained with the help of tower profitability matrix along with an example. Details regarding USO fund scheme for infrastructure sharing and it scope of work. SWOT analysis of the infrastructure sharing has been presented to further strengthen the understanding regarding pros and cons of the same. The section ends with elaborating on various financial and operational incentives available in the industry along with beneficiary initiatives taken by Telecom Regulatory Authority of India (TRAI).
The report continues with ‘Drivers & Challenges’ section elaborating the major furtherance & impediments for telecom towers market in India. Both the ‘drivers’ and ‘challenges’ are equally stressed upon to provide clear idea regarding the probable obstacles and rewards in the line of business and help vendors take necessary measures.
In the ‘Major Telecom Tower Companies’ section, the key wireless tower companies are profiled. It provides information such as corporate & business highlights covering operational & recent information regarding each company’s contact information, location, key product and service offerings and key contacts. It also provides financial performance for a period of time including revenue and profit, key ratios, financial summary and key financial performance indicators. Key business segment and key geographic segment for each player are provided as well to provide further clear idea regarding the companies. Also some other cell tower companies having smaller market share, have been profiled briefly in the end of the section. It is followed by ‘Mergers & Acquisitions’ section mentioning key domestic transactions between telecom companies in recent years.
Next the dominating trend in the market is illuminated along with recent developments in the domestic telecom tower market under ‘Trends & Developments’ section.
The report concludes with the section ‘Strategic Recommendation’ which is derived after a comprehensive analysis of the market state & scope. It suggests key strategic moves which can help improved operation and healthier revenue in the domestic telecom tower market.
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The Market report answers the following questions:
What is the aim of the report?
- The Telecom Towers in India Market report presents the estimated market size of Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
- Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
- An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
- The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
- The various parameters accelerating the growth of Market are incorporated in the research report.
- The report analyzes growth rate, market size and valuation of the Market during the forecast period.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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