Market Size of France Telecom Towers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR (2024 - 2029) | 3.81 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Telecom Towers Market Analysis
The France Telecom Towers Market size in terms of installed base is expected to grow from 59.15 Thousand units in 2024 to 71.31 Thousand units by 2029, at a CAGR of 3.81% during the forecast period (2024-2029).
- The French telecom tower market has witnessed significant transformations. With government backing, 5G technology is poised to play a pivotal role in the nation's next phase of digital evolution, which is becoming increasingly prevalent. This is expected to increase spending growth and a greater emphasis on countrywide telecom projects with larger installations.
- The French government strongly emphasizes industrial transformation, with 5G playing a pivotal role. Under the 5G and Future Telecoms Plan unveiled by government ministers, France aims to channel around EUR 1.7 billion (USD 1.87 billion) into its 5G industry by 2025, leveraging public and private investments. The goal is to accelerate the development of 5G, particularly its new use cases, to promote adoption and enhance the technology's impact on various industries.
- The French government actively supports research and development (R&D) initiatives focused on advanced 5G technologies and future network generations. These initiatives prioritize three key areas: R&D endeavors for both 5G and 6G technologies, bolstering cybersecurity and resilience in mobile networks, and mitigating the environmental impacts of telecom networks.
- As part of President Macron's EUR 54 billion (USD 59.31 billion) investment blueprint, France 2030 aims to transform key sectors in the nation, including energy, automotive, aeronautics, and space. The government underscores the importance of 5G and emerging telecommunications technologies in ensuring France's competitive edge.
- In September 2023, Phoenix Tower International (PTI), a global wireless infrastructure provider, announced a major milestone in its business expansion efforts in France. PTI successfully finalized two transactions concerning 1,978 strategically positioned sites in densely populated urban areas throughout France. The transactions encompass PTI's wholly owned subsidiary, acquiring 1,226 sites hosting SFR, and Phoenix France Infrastructures, another PTI subsidiary, expanding its portfolio by adding 752 sites hosting Bouygues Telecom. PTI's achievement underscores its dedication to expanding in France, catering to MNOs' increasing demand for reliable connectivity in densely populated areas.
- However, factors like environmental concerns, high infrastructure deployment costs, and community resistance to new tower installations are stifling the growth of the telecom tower market in the country. Moreover, as the market matures and mobile coverage approaches saturation, the demand for new towers diminishes, further limiting growth potential.