Telecom Tower Market Projected to Surpass 5.51 Million Units by 2022 | CAGR of 3.50%
IMARC Group’s latest research report, titled “ Telecom Tower Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027 ,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global telecom tower market size reached a volume of 4.47 Million Units in 2021. Looking forward, IMARC Group expects the market to reach a volume of 5.51 Million Units by 2027 , exhibiting a CAGR of 3.50% during 2022-2027 . A telecommunication tower is a tall steel tower that provides services of data and connection to the masses through private ownership, rented or shared infrastructure, or joint ventures. It houses a transceiver unit at the top that is connected to thousands of mobile phones and the mobile telephone switching office (MTSO). Additionally, it offers a large spectrum of multi-channel frequencies for phones in the network area, thereby allo