Asia Pacific Telecom Towers Market Size and Share

Asia Pacific Telecom Towers Market Summary
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Asia Pacific Telecom Towers Market Analysis by Mordor Intelligence

The Asia Pacific Telecom Towers Market size is estimated at USD 17.45 billion in 2025, and is expected to reach USD 20.37 billion by 2030, at a CAGR of 3.14% during the forecast period (2025-2030). In terms of installed base, the market is expected to grow from 771.11 thousand units in 2025 to 874.5 thousand units by 2030, at a CAGR of 2.55% during the forecast period (2025-2030).

Measured growth reflects the region’s shift from rapid green-field build-out to optimization and densification, a phase driven by 5G spectrum utilization, evolving network architectures, and edge-computing alignment. Independent TowerCos command rising influence as operators monetize passive assets, while renewable-powered sites gain favor as energy costs and ESG mandates tighten. Shifting tenancy models, a surge of rural connectivity mandates, and coordinated infrastructure-sharing frameworks open fresh revenue channels, yet multi-layered permitting, land-lease inflation, and currency depreciation risks temper near-term momentum. Competitive intensity remains moderate, defined by selective divestments, technology-led differentiation, and a steady inflow of institutional capital seeking long-duration cash flows.

Key Report Takeaways

  • By ownership, independent TowerCos led with 31.56% of the Asia Pacific telecom towers market share in 2024; the segment is set to post a 7.15% CAGR through 2030. 
  • By installation, ground-based sites held a 64.56% share of the Asia Pacific telecom towers market size in 2024, while rooftop deployments exhibit the fastest projected CAGR at 4.34% through 2030. 
  • By fuel type, grid/diesel hybrids accounted for 78.79% of the Asia Pacific telecom towers market size in 2024; renewable-powered sites are poised for a 16.71% CAGR to 2030. 
  • By tower type, monopoles captured 40.68% of the Asia Pacific telecom towers market share in 2024, whereas stealth structures are forecast to expand at a 7.47% CAGR to 2030. 
  • By country, China represented 51.87% of the Asia Pacific telecom towers market size in 2024; India is expected to grow at a 4.71% CAGR through 2030.

Segment Analysis

By Ownership: Independent TowerCos Propel Structural Change

Independent TowerCos captured 31.56% of the Asia Pacific telecom towers market share in 2024 and are projected to post a 7.15% CAGR through 2030, a trajectory fueled by operator asset-monetization and institutional investors’ appetite for infrastructure-yield. China Tower Corporation’s 2.094 million-site portfolio underscores the model’s scalability.

Operator-retained sites still dominate in markets with vertical-integration bias or nascent TowerCo ecosystems, yet rising capital requirements for 5G motivate further carve-outs. Joint-venture TowerCos offer a compromise for markets with local ownership mandates, while MNO captive holdings persist where bespoke coverage or security considerations outweigh efficiency gains.

Asia Pacific Telecom Towers Market: Market Share by Ownership
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By Installation: Rooftop Deployments Gain Urban Traction

Ground-based sites retained 64.56% of the Asia Pacific telecom towers market size in 2024, anchoring wide-area coverage across varied terrains. Rooftop structures, however, are pacing ahead at a 4.34% CAGR on the back of urban densification, high land costs, and expedited zoning.

Japan and South Korea exemplify mature rooftop penetration, where operators lease commercial roofs to shorten time-to-on-air. Malaysia’s year-over-year 119.9% 5G subscriber spike has similarly turned rooftops into quick-turn options that alleviate macro-tower congestion.

By Fuel Type: Renewables Accelerate Despite Grid Constraints

Grid/diesel hybrids commanded 78.79% of the Asia Pacific telecom towers market size in 2024, reflecting uneven grid reliability in emerging economies. Solar-hybrid and battery-storage systems are poised for a 16.71% CAGR as ESG metrics tighten and diesel prices fluctuate.

EdgePoint’s solar-hybrid tower near Kuala Lumpur cut fuel cost by 35% in its first operating quarter, validating the economics for larger rollouts. Indonesia’s 23% national renewable target is catalyzing integrated solar-plus-storage pilots, leveraging LFP battery systems that achieve >95.5% round-trip efficiency [4]ACROFAN/PRNewswire, “EVE Energy Storage at Solartech Indonesia 2025,” mus.acrofan.com.

Asia Pacific Telecom Towers Market: Market Share by Fuel Type
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By Tower Type: Stealth Solutions Mitigate Urban Friction

Monopoles held 40.68% of Asia Pacific telecom towers market share in 2024, favored for structural efficiency and multi-antenna compatibility. Concealed designs, however, will grow 7.47% annually as city planners and residents demand low-profile assets.

Lattice and guyed towers remain relevant for heavy load or rural span, yet planning-board aesthetics now shape approval odds in metropolitan Tokyo, Seoul, and Sydney. Premium stealth pricing is offset by higher lease rates tied to high-density traffic corridors.

Geography Analysis

China’s commanding 51.87% share underscores unrivaled operational scale, yet densification is now prioritized over footprint expansion. Strategic diversification into smart-energy services allows China Tower Corporation to leverage asset adjacency and sustain margin resilience. 

India’s growth rests on parallel rural and 5G initiatives. Universal Service funds subsidize green-field sites while private TowerCos fast-track build-to-suit orders from Reliance Jio and Bharti Airtel. Foreign capital inflow remains robust, encouraged by clarified FDI rules and spectrum roadmaps. 

Southeast Asia presents a patchwork of regulatory models. Malaysia’s Communications and Multimedia Act drives infrastructure pooling, supporting CelcomDigi’s nationwide rollout. Thailand’s independent TowerCo ownership surpassing 56% highlights a mature divest-and-lease model, while the Philippines sees emergent consolidation via PhilTower-MIDC’s 3,500-site platform. Vietnam’s geographically dispersed provinces and licensing complexity delay tower release cycles, yet spectrum reform promises upside. Developed markets, such as Japan, South Korea, and Australia, focus on urban small-cell addition and strategic M&A. Waveconn’s 170-site pickup from American Tower widens Australia’s independent footprint, confirming an active secondary-market pipeline.

Competitive Landscape

Competitive concentration sits in the mid-range as country-specific incumbents dominate their home bases while regional challengers selectively expand. China Tower Corporation anchors Mainland China; Indus Towers and Helios Towers target high-growth South Asia and frontier Southeast Asia, respectively. 

Strategic divestment reshapes geography exposure. American Tower’s USD 2.5 billion India exit and concurrent Australian portfolio sale to Waveconn illustrate rotation toward higher-yield, lower-regulatory-risk territories. Private equity-backed platforms pursue bolt-on deals, evidenced by OMERS Infrastructure’s continued Stilmark integration. 

Technology adoption forms a new battleground. Operators reward TowerCos integrating renewable energy, lithium-ion storage, and intelligent power management. EdgePoint’s hybrid-solar rollouts and EDOTCO’s carbon-reduction roadmap position both firms favorably in bid evaluations. Energy-efficient sites also attract hyperscalers seeking green footprints for edge compute, broadening tenancy prospects.

Asia Pacific Telecom Towers Industry Leaders

  1. China Tower Corporation

  2. Indus Towers Limited

  3. American Tower Corporation

  4. Mitratel (PT Telkom Indonesia (Persero) Tbk)

  5. PT Tower Bersama Infrastructure Tbk

  6. *Disclaimer: Major Players sorted in no particular order
Asia Pacific Telecom Tower Market Concentration
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Recent Industry Developments

  • April 2025: EdgePoint Infrastructure launched Malaysia’s first solar-hybrid tower, cutting diesel runtime by 35%.
  • December 2024: China Tower Corporation completed its nationwide 5G upgrade across 2.094 million sites, broadening services into smart-city energy management.
  • September 2024: PhilTower-MIDC finalized a 3,500-site merger, targeting 2,000 incremental build-to-suit towers for underserved Philippine provinces.
  • September 2024: Waveconn closed the acquisition of American Tower’s 170-site Australian portfolio, bringing its national total to over 1,400 structures.
  • June 2024: ST Telemedia Global Data Centers secured SGD 1.75 billion in funding led by KKR and Singtel to expand edge-linked campuses in India and Southeast Asia.

Table of Contents for Asia Pacific Telecom Towers Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study
  • 1.3 Taxonomy

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Telecom Towers Volume Estimates (Units, 2023-2030)
  • 3.2 Telecom Towers Leasing Revenue Estimates (USD, 2023-2030)
  • 3.3 Telecom Towers Construction Revenue Estimates (USD, 2023-2030)

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surging 5G rollouts and densification needs
    • 4.2.2 Government-backed rural connectivity mandates
    • 4.2.3 MNO network-sharing to cut capex/opex
    • 4.2.4 Rising data-center edge nodes on towers
    • 4.2.5 ESG push toward renewable-powered sites
    • 4.2.6 Satellite-to-cell partnerships demanding co-location
  • 4.3 Market Restraints
    • 4.3.1 Sluggish permitting in tier-III Asian cities
    • 4.3.2 Rising land-lease and community opposition costs
    • 4.3.3 Currency depreciation risk on USD-linked leases
    • 4.3.4 Fiber-first strategies reducing macro-tower demand
  • 4.4 Ecosystem Analysis
  • 4.5 Regulatory Landscape Related to Telecom Infrastructure
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Impact of Macroeconomic Factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

  • 5.1 By Ownership
    • 5.1.1 Operator-owned
    • 5.1.2 Independent TowerCo
    • 5.1.3 Joint-Venture TowerCo
    • 5.1.4 MNO Captive
  • 5.2 By Installation
    • 5.2.1 Rooftop
    • 5.2.2 Ground-based
  • 5.3 By Fuel Type
    • 5.3.1 Renewable-powered
    • 5.3.2 Grid/Diesel Hybrid
  • 5.4 By Tower Type
    • 5.4.1 Monopole
    • 5.4.2 Lattice
    • 5.4.3 Guyed
    • 5.4.4 Stealth / Concealed
  • 5.5 By Country
    • 5.5.1 China
    • 5.5.2 India
    • 5.5.3 Japan
    • 5.5.4 South Korea
    • 5.5.5 Malaysia
    • 5.5.6 Thailand
    • 5.5.7 Vietnam
    • 5.5.8 Rest of Asia Pacific (Australia and New Zealand, Philippines, Singapore, Bangladesh, Indonesia, and others)

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Details of Major Mergers and Acquisitions
  • 6.3 Market Share Analysis for Top Vendors
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials, Strategic Information,Products and Services, Recent Developments)
    • 6.4.1 TowerCos
    • 6.4.1.1 China Tower Corporation
    • 6.4.1.2 Indus Towers Limited
    • 6.4.1.3 American Tower Corporation
    • 6.4.1.4 Mitratel (PT Telkom Indonesia (Persero) Tbk)
    • 6.4.1.5 PT Tower Bersama Infrastructure Tbk
    • 6.4.1.6 PT Profesional Telekomunikasi Indonesia Tbk
    • 6.4.1.7 EDOTCO Group Sdn Bhd
    • 6.4.1.8 EdgePoint Infrastructure Sdn Bhd
    • 6.4.1.9 Frontier Tower Associates Philippines Inc.
    • 6.4.1.10 PT Centratama Menara Tbk
    • 6.4.1.11 OCK Group Berhad
    • 6.4.2 Mobile Network Operator
    • 6.4.2.1 China Mobile Limited
    • 6.4.2.2 China Telecom Corporation Limited
    • 6.4.2.3 China United Network Communications Group Co., Ltd.
    • 6.4.2.4 Bharti Airtel Limited
    • 6.4.2.5 Reliance Jio Infocomm Limited (RJIL)
    • 6.4.2.6 Vodafone Idea Limited
    • 6.4.2.7 PT Telekomunikasi Selular (Telkomsel)
    • 6.4.2.8 PT Indosat Ooredoo Hutchison Tbk
    • 6.4.2.9 PT XLSMART Telecom Sejahtera Tbk
    • 6.4.2.10 AIS Thailand
    • 6.4.2.11 True Corporation Public Company Limited
    • 6.4.2.12 NTT Docomo, Inc.
    • 6.4.2.13 KDDI Corporation (au)
    • 6.4.2.14 SoftBank Corp.
    • 6.4.2.15 SK Telecom Co., Ltd.
    • 6.4.2.16 KT Corporation
    • 6.4.2.17 LG Uplus Corp.
    • 6.4.2.18 Telstra Group Limited
    • 6.4.2.19 Singtel Optus Pty Limited
    • 6.4.2.20 Globe Telecom, Inc.
    • 6.4.2.21 PLDT Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
  • 7.2 Investment Analysis
  • 7.3 Analyst Suggestions and Recommendations
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Asia Pacific Telecom Towers Market Report Scope

By Ownership
Operator-owned
Independent TowerCo
Joint-Venture TowerCo
MNO Captive
By Installation
Rooftop
Ground-based
By Fuel Type
Renewable-powered
Grid/Diesel Hybrid
By Tower Type
Monopole
Lattice
Guyed
Stealth / Concealed
By Country
China
India
Japan
South Korea
Malaysia
Thailand
Vietnam
Rest of Asia Pacific (Australia and New Zealand, Philippines, Singapore, Bangladesh, Indonesia, and others)
By OwnershipOperator-owned
Independent TowerCo
Joint-Venture TowerCo
MNO Captive
By InstallationRooftop
Ground-based
By Fuel TypeRenewable-powered
Grid/Diesel Hybrid
By Tower TypeMonopole
Lattice
Guyed
Stealth / Concealed
By CountryChina
India
Japan
South Korea
Malaysia
Thailand
Vietnam
Rest of Asia Pacific (Australia and New Zealand, Philippines, Singapore, Bangladesh, Indonesia, and others)
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Key Questions Answered in the Report

How fast is the Asia Pacific telecom tower market expected to grow to 2030?

It is forecast to expand from USD 17.45 billion in 2025 to USD 20.37 billion by 2030, registering a 3.14% CAGR.

Which ownership model is expanding the quickest?

Independent TowerCos lead, holding 31.56% share in 2024 and projected to grow at 7.15% CAGR through 2030.

Why are rooftop towers gaining traction in major cities?

Urban densification, high land costs and faster permitting make rooftop structures the preferred solution, driving a 4.34% CAGR.

What fuels the shift toward renewable-powered tower sites?

ESG mandates, diesel price volatility and improved battery economics push renewable-powered sites toward a 16.71% CAGR.

Which country shows the strongest growth momentum?

India is projected to record the fastest growth at 4.71% CAGR on the back of rural coverage programs and 5G rollout.

How is competitive intensity evolving across the region?

Moderate consolidation persists; selective divestments and technology-focused upgrades define competition, with a market concentration score of 6.

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