India Telecom Tower Infrastructure? Market Synopsis
The telecom tower infrastructure industry in India is estimated to be worth over INR 150 billion (USD 2 Billion). With more than 350 million internet subscribers and 600 million mobile phone users, it is one of the biggest markets for telecom towers in the world. Tower Installation Companies are projected to post a 15 - 20 percent year on year growth over FY19-FY22E driven largely by network expansion activities planned by operators due to faster data uptake along with capacity augmentation plans from existing players including Reliance Jio Infocomm Limited (JIO).
Market Drivers of the market
The telecom tower infrastructure market in India is influenced by several key drivers. Firstly, the rapid expansion of the telecommunications sector and the increasing number of mobile subscribers have led to a surge in demand for telecom towers. Secondly, the government initiatives to improve network connectivity and internet penetration in rural areas have further bolstered the demand for telecom tower infrastructure.
Challenges of the Market
The telecom tower infrastructure market in India confronts several obstacles that affect its development and expansion. Obtaining permits and regulatory approvals for erecting new towers can be a time-consuming and bureaucratic process, leading to delays in network expansion. Additionally, the high costs associated with tower installation and maintenance put significant financial strain on telecom companies, impacting their profitability.
Covid-19 Impact on the Market
The India telecom tower infrastructure market faced several challenges during the COVID-19 pandemic. The implementation of lockdowns and social distancing measures affected tower installation and maintenance operations. Additionally, delays in network expansion projects impacted the demand for new telecom towers. However, the increasing need for robust communication networks during the pandemic and the subsequent growth in data consumption drove the market`s recovery.
Key Players of the Market
The India telecom tower infrastructure market is dominated by companies such as Indus Towers Limited, Bharti Infratel, and American Tower Corporation. With the rapid expansion of the telecommunications sector, these companies play a crucial role in providing the necessary infrastructure for mobile networks.
Key Highlights of the Report:
- India Telecom Tower Infrastructure Market Outlook
- Market Size of India Telecom Tower Infrastructure Market, 2024
- Forecast of India Telecom Tower Infrastructure Market, 2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Revenues & Volume for the Period 2021-2031
- India Telecom Tower Infrastructure Market Trend Evolution
- India Telecom Tower Infrastructure Market Drivers and Challenges
- India Telecom Tower Infrastructure Price Trends
- India Telecom Tower Infrastructure Porter's Five Forces
- India Telecom Tower Infrastructure Industry Life Cycle
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Lattice Tower for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Guyed Tower for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Monopole Tower for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Stealth Tower for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Installation for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Rooftop for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Ground Mounted for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Ownership for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Telecom Operator Owned/MNO for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By TowerCo for the Period 2021-2031
- Historical Data and Forecast of India Telecom Tower Infrastructure Market Revenues & Volume By Joint Venture/ESCO for the Period 2021-2031
- India Telecom Tower Infrastructure Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Installation
- Market Opportunity Assessment By Ownership
- India Telecom Tower Infrastructure Top Companies Market Share
- India Telecom Tower Infrastructure Competitive Benchmarking By Technical and Operational Parameters
- India Telecom Tower Infrastructure Company Profiles
- India Telecom Tower Infrastructure Key Strategic Recommendations