BURNABY, British Columbia, August 13, 2014 /PRNewswire/ --
Increasing Number of Mobile Subscriptions has led to Higher Installations of Telecom Towers and Associated BTS Solutions Across India
Expansion of telecom infrastructure, rise in rural mobile subscriptions and growing telecom tower sharing business is spurring the demand for BTS in India. Significant growth in the number of mobile subscribers coupled with increasing data traffic and declining tariffs continue to increase the load on existing telecom infrastructure in India. Moreover, with increasing government restrictions aimed at restricting the harmful effects of radiations due to new tower installations, a growing number of telecom players are opting for tower sharing business model. In addition, growing 3G and 4G penetration is also expected to boost the BTS market in India.
According to a recently published report by TechSci Research "India Base Transceiver Station (BTS) Market Forecast & Opportunities, 2019", the total number of installed BTS in the country is projected to cross 1.8 million units by 2019, with players such as Nokia Solutions Networks, Ericsson and Huawei expected to continue their market domination. Tower sharing business is expected to witness robust growth over the next five years with average BTS deployments per telecom tower forecast to increase by over 50% by 2019 compared to 2013.
With growing maturity in the voice market and declining ARPUs, telecom operators are entering into new business opportunities such as mobile data to generate higher revenues. Over the recent years, mobile traffic has increased exponentially in the country, which has significantly added load on existing telecom infrastructure, thereby creating the need for new BTS installations across various cities in the country. Presently, Vodafone and Airtel lead the market in terms of total number of BTS installations in the country.
"Increasing consumer spending and growing penetration of smartphones is expected to drive the mobile data market in the country over the next 5-10 years. Further, with increasing penetration of 3G as well as 4G services, a significant number of new BTS installations are anticipated to come up in the country during the next five years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"India Base Transceiver Station (BTS) Market Forecast & Opportunities, 2019" has analyzed the potential of the BTS market and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the BTS market in India.
About TechSci Research
TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.
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SOURCE TechSci Research