Middle East Telecom Tower Market (2020-2026) | Analysis, Size, Share, Revenue, Forecast, Trends, Growth, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Middle East Telecom Tower Market

Middle East Telecom tower market is witnessing an expansion in tower infrastructure sharing to reduce costs and improve network coverage. A few years back, Saudi Telecom Company (STC) and Zain Saudi Arabia announced an agreement to share their network infrastructure, including telecom towers. Additionally, in an effort to reduce their carbon footprint, telecom tower companies in the Middle East are increasingly incorporating renewable energy sources, such as solar and wind, into their operations. Moreover, Edge computing, which involves processing data closer to the source of generation, is gaining popularity in the Middle East due to its ability to reduce latency and improve network performance. Several telecom tower companies in the region are exploring the potential of edge computing in their operations.

The telecom tower industry in the Middle East has seen a number of mergers and acquisitions in recent years, as companies look to consolidate and gain market share. This has led to a more concentrated market, with a smaller number of larger players dominating the industry. Further, with the proliferation of smartphones and other connected devices, data usage has been on the rise in the Middle East. This has led to an increased demand for telecom towers to support the infrastructure needed to handle this traffic. Moreover, the deployment of 5G networks was gaining momentum in the Middle East, which requires a denser network of telecom towers to support the higher frequencies and greater data capacity of this technology. In addition, due to the high cost of building and maintaining telecom towers, tower sharing has become an increasingly popular trend in the Middle East. This allows multiple telecom operators to share the same tower, reducing costs and improving efficiency. Additionally, there has been a push towards the adoption of renewable energy in the telecom tower industry, particularly solar power. This is because many telecom towers in the Middle East are located in remote areas with limited access to electricity.

Middle East Telecom Tower Market Synopsis

Middle East Telecom Tower Market is anticipated to register significant growth projections during the forecast period on the back of rapid growth in the ICT sector in the developing countries across the region along with technological advancements in the telecom industry. Further, increasing internet adoption rates in the country coupled with penetration in digital services are expected to drive the telecom industry in the country and are anticipated to create demand for new installations of telecom towers along with the need for technological advancements in the existing towers. However, with the spread of the COVID-19 virus, businesses across the region are likely to be hampered and suffer a downfall in the year 2020, but the market is expected to gain value in the latter part of the year.

According to 6Wresearch, Middle East Telecom Tower Market size is anticipated to register growth during the forecast period 2020-26F. Saudi Arabia Telecom Tower market is expected to register significant growth in the coming years in the overall Middle East telecom tower market during the forecast period backed by a spur witnessed in the fixed-line broadband services network along with an increase in the use of fiber technology across Riyadh, Mecca, Medina, and Jeddah. Moreover, efforts of the government towards the launch of the 5G network have contributed towards a spur in the Saudi Arabia telecom tower market.

Rising government efforts of the developing countries to enhance mobile connectivity in the coming years coupled with investments for technical advancements in the telecom industry are anticipated to trigger the Middle East telecom tower market growth in the upcoming six years. Further, projects such as the Abu Dhabi 2030 Vision Strategy, Kuwait Vision 2035, and UAE Vision 2021, the telecom industry across the region are expected to support the growth of the Middle East telecom tower market during the forecast period 2020-26F.

The Middle East Telecom Tower market report thoroughly covers the market by fuel type, tower type, installation, ownership, and key countries including UAE, Jordan, Kuwait, Qatar, Saudi Arabia, and the Rest of the Middle East. The Middle East Telecom Tower market outlook report provides an unbiased and detailed analysis of the ongoing Middle East Telecom Tower market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical Data of Middle East Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of Middle East Telecom Tower Market Revenues until 2026.
• Historical Data of Middle East Telecom Tower Market Revenues by Fuel Type for the Period 2016-2019.
• Market Size & Forecast of Middle East Telecom Tower Market Revenues by Fuel Type until 2026.
• Historical Data of Middle East Telecom Tower Market Revenues by Tower Type for the Period 2016-2019.
• Market Size & Forecast of Middle East Telecom Tower Market Revenues by Tower Type until 2026.
• Historical Data of Middle East Telecom Tower Market Revenues by Installation for the Period 2016-2019.
• Market Size & Forecast of Middle East Telecom Tower Market Revenues by Installation until 2026.
• Historical Data of Middle East Telecom Tower Market Revenues by Ownership for the Period 2016-2019.
• Market Size & Forecast of Middle East Telecom Tower Market Revenues by Ownership until 2026.
• Historical Data of Kuwait Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of Kuwait Telecom Tower Market Revenues until 2026.
• Historical Data of Qatar Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of Qatar Telecom Tower Market Revenues until 2026.
• Historical Data of UAE Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of UAE Telecom Tower Market Revenues until 2026.
• Historical Data of Jordan Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of Jordan Telecom Tower Market Revenues until 2026.
• Historical Data of Saudi Arabia Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of Saudi Arabia Telecom Tower Market Revenues until 2026.
• Historical Data of the rest of Middle East Telecom Tower Market Revenues for the Period 2016-2019.
• Market Size & Forecast of the rest of Middle East Telecom Tower Market Revenues until 2026.

Markets Covered

The Middle East Telecom Tower Market report provides a detailed analysis of the following market segments:

By Fuel Type

• Renewable
• Non-renewable

By Tower Type

• Lattice Tower
• Stealth Tower
• Guyed Tower
• Monopole Tower

By Installation

• Rooftop
• Ground-Based

By Ownership

• Operator Owned
• Joint Venture
• Private - Owned

By Countries

• Kuwait
• Qatar
• UAE
• Jordan
• Saudi Arabia
• Rest of the Middle East