Myanmar Telecom Tower to Witness Robust Growth through 2020
Expansion of mobile subscriber base to drive telecom tower market in Indonesia, Malaysia, Cambodia and Myanmar through 2020
According to recently published TechSci Research report “Telecom Towers Market Forecast and Opportunities, 2020 – Indonesia, Malaysia, Cambodia and Myanmar”, the market for telecom towers in Myanmar is projected to grow at a CAGR of over 28% during 2015-20. The major factors driving the country’s telecom tower market include rising number of mobile subscribers, Long Term Evolution (LTE-4G) deployment and increasing government support towards strengthening telecom infrastructure. Indonesia has the largest mobile network in Southeast Asia, and consequently, the largest telecom tower market in the region. However, Myanmar’s telecom tower market is expected to demonstrate higher growth over the next five years on account of growing smartphone penetration, declining tariffs and new telecom operators foraying in the country.
Mobile Network Operators (MNO) and tower companies in Indonesia, Malaysia, Cambodia and Myanmar are currently focusing on building off-grid telecom towers due to poor electrification rate in these countries. Additionally, growing environmental concerns is further driving the shift towards off-grid telecom towers. Consequently, grid based telecom tower infrastructure is expected to witness a decline during the forecast period in these four Southeast Asian countries, primarily in Malaysia.
“With the advent of LTE technology and increasing proliferation of smart devices, the demand for deploying more telecom towers to strengthen network infrastructure and enhance coverage is expected to increase over the next five years. In addition, the shift towards green energy is forecast to gain momentum due to lower carbon emissions, primarily in rural areas where electrification ratio is low, thereby boosting the off-grid telecom tower market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Telecom Towers Market Forecast and Opportunities, 2020 – Indonesia, Malaysia, Cambodia and Myanmar” has evaluated the future growth potential of Telecom tower market across Indonesia, Malaysia, Cambodia and Myanmar, and provides statistics and information on market structure, industry behavior and trend. The report includes market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes drivers, challenges and opportunities available in telecom tower market in Indonesia, Malaysia, Cambodia and Myanmar.