The overall tower mounted amplifier market worldwide is expected to reach at a value of US$ 2.60 Bn in 2027 and is set to grow with a CAGR of 9.4 % during the forecast period.
Market Insights
The global market for tower-mounted amplifiers is driven by increasing global urbanisation and digitalisation. The use of the Internet has increased the digitalisation, which is considered to be one of the main factors driving the TMA market globally. Using mobile data creates a large data traffic that raises various issues in the network and therefore reduces these problems by using tower mounted amplifiers.
The ability of these amplifiers to reduce noise and amplify signals improves network efficiency, strength and connectivity. Various companies are investing heavily in the development of new technologies based on TMA, which are expected to drive the market in the future.
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On the basis of the application, the market for tower mounted amplifiers was segmented as telecommunications, industrial and retail. The telecommunications segment dominated the market by holding more than 45 percent of the market share in 2018. The segment is driven by the increasing demand for smart phones and the increasing use of the Internet. Similarly, the demand for a high-strength network from users is also driving the segment. The telecommunications segment is expected to be the fastest growing segment due to the increasing development of 5G networks.
Asia-Pacific is expected to be the fastest growing region due to an increasing number of Internet users in the region and ongoing 5G deployment projects. Governments in the region spend a great deal on improving and strengthening their communication networks. In addition, increasing digitization and urbanisation have also increased the adoption and use of IoT devices, which are expected to drive the market in the future. The Asia-Pacific region is expected to grow by more than 10.0 per cent during the forecast period.
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Tower Mounted Amplifier with Direct Sales in its Channel Segment Continue Dominating the Market
In 2018, the total market for tower mounted amplifiers was driven by the direct sales segment in its channel segment, which contributed to a high market share of total revenues generated globally in 2018 and is expected to grow by more than 7.9 per cent during the forecast period. Advances in technology and the increasing use of mobile phones have led to TMA’s demand, as these amplifiers reduce noise and improve network functionality, while mobile tower companies purchase these amplifiers directly from manufacturers at a lower cost. However the distribution channel is expected to be the fastest growing segment in the forecast period.
North America Dominates the Market by Region
The global market for tower-mounted amplifiers was led by North America with a market share of more than 30.0 per cent in 2018. This is due to increased use of IoT devices by IoT devices and increased use of smartphones and tablets. In addition, the market for TMA in North America is expected to grow with a CAGR of 9.2% over the forecast period due to network advancement and the introduction of 5G in the region.
Key questions answered in this report
- What was the market size of tower mounted amplifier in 2018 and forecast up to 2027?
- Which is the largest regional market of direct sales in channel segment?
- What are the major trends followed in tower mounted amplifier market across different regions?
- Who is the key tower mounted amplifier companies leading the market?
- What are the key strategies adopted by the leading tower mounted amplifier companies in market?
Unique data points of this report
- Statistics on tower mounted amplifier penetration and spending worldwide
- Recent trends across different regions in terms of adoption of tower mounted amplifier.
- Notable developments going on in tower mounted amplifier market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
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