South Korea Telecom Tower Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Volume (2025) | 31.68 Thousand units |
| Market Volume (2030) | 36.38 Thousand units |
| CAGR (2025 - 2030) | 2.81% |
| Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
South Korea Telecom Tower Market Analysis
The South Korea Telecom Tower Market size in terms of installed base is expected to grow from 31.68 thousand units in 2025 to 36.38 thousand units by 2030, at a CAGR of 2.81% during the forecast period (2025-2030).
- South Korea, renowned for its advanced technology infrastructure and high-speed internet connectivity, is experiencing a significant increase in demand for telecom towers. This rising demand is driven by several factors, including the expansion of 5G networks, growing data consumption, and the proliferation of Internet of Things (IoT) devices. As South Korea continues to lead in digital innovation, the necessity for robust and expansive telecom infrastructure is becoming increasingly critical.
- In South Korea, the demand for telecom towers has surged, primarily driven by the rollout of 5G technology. Being one of the pioneers in adopting 5G, South Korea has made significant investments to bolster its 5G network infrastructure. Unlike its predecessors, 5G's deployment necessitates a denser network of telecom towers. This is attributed to 5G's utilization of higher frequency bands, which, having a shorter range, mandate a greater number of towers to guarantee extensive coverage and swift connectivity. To this end, the South Korean government, in collaboration with leading telecom giants such as SK Telecom, KT Corporation, and LG Uplus, is actively augmenting the telecom tower count to bolster 5G services.
- Further, in South Korea, the surging demand for telecom towers is significantly driven by the Internet of Things (IoT). Devices such as smart home appliances, industrial sensors, and connected vehicles, all integral to the IoT ecosystem, demand unwavering network connectivity. With the escalating adoption of IoT technologies, the imperative for a fortified telecom infrastructure becomes evident, catering to the burgeoning count of connected devices. Telecom towers play a pivotal role, guaranteeing that IoT devices maintain effective and reliable communication over the network.
- Moreover, In the coming years, South Korea is poised to see a continued surge in demand for telecom towers. The rollout of 5G networks will necessitate an increased number of towers, further fueled by the rising adoption of IoT devices and escalating data consumption. Given South Korea's dedication to technological progress and infrastructure enhancement, the nation is set to persist in its investments, expanding its telecom tower network to cater to these burgeoning demands.
- In conclusion, in South Korea, the surging demand for telecom towers mirrors the nation's vibrant and ever-evolving digital scene. Fueled by tech advancements, soaring data consumption, and the burgeoning Internet of Things (IoT), there's an urgent need for a strong and expansive telecom infrastructure. With South Korea at the forefront of digital innovation, the expansion of telecom towers is pivotal in bolstering the nation's connectivity and tech evolution.
South Korea Telecom Tower Market Trends
Growing 5G deployment in the Country
- South Korea, is spearheading the adoption of 5G technology. The nation's swift deployment of 5G networks is reshaping the telecom tower market. As 5G networks demand enhanced infrastructure for their elevated frequencies and expanded data capacity, the push for 5G is amplifying the need for telecom towers. This shift underscores the pivotal importance of telecom towers in bolstering advanced digital communication technologies.
- South Korea’s ambitious 5G deployment strategy includes extensive investments by major telecom operators such as SK Telecom, KT Corporation, and LG Uplus. These companies have committed to expanding their network infrastructure to accommodate the increased demand for 5G services. For instance, in November 2023, Samsung Electronics Co. Ltd. and SK Telecom jointly announced the successful development and trial of their next-generation 5G core network. This advanced core network allows operators to rapidly install and deploy customized solutions and services. Consequently, operators can optimize their use of network resources. The deployment of 5G technology has, therefore, become a major driver of telecom tower market growth.
- Further, Urban areas in South Korea, known for their high population densities and substantial data consumption, are feeling the brunt of this demand. To cater to the intense data traffic from urban consumers, a dense network of telecom towers is essential. As a result, South Korea's telecom tower market is witnessing significant growth, driven by operators' efforts to broaden their networks.
- Moreover, the South Korean government has actively fostered the growth of telecom infrastructure, paving the way for 5G deployment. To facilitate this, they've rolled out various policies and initiatives aimed at expediting the construction of telecom towers and minimizing regulatory challenges. Also, as per the report by GSMA in 2023, the share of 5G mobile connevtion in South Korea has reached 49% in 2023 which is the heighest among the other Asian Countries and is expected to reach 95% by 2030. Such growing 5G adoption will drive the telecom market.
- Aditionally, the government's vision for a digitally transformed nation dovetails seamlessly with the expansion of 5G networks, propelling the telecom tower market forward. Collaborative endeavors, especially public-private partnerships between government entities and telecom operators, have been pivotal in hastening 5G deployment and ensuring the requisite infrastructure is in place.
Rising Adoption of Renewable Fuel Type in Telecom Towers
- South Korea, known for its technological prowess and commitment to environmental policies, is placing a heightened emphasis on sustainability across multiple sectors, telecommunications included. The growing use of renewable fuels in telecom towers underscores this dedication. With South Korea's ongoing expansion of its telecom infrastructure, the integration of renewable energy solutions emerges as a pivotal strategy, aiming to bolster sustainability, cut operational costs, and lessen environmental repercussions.
- Further, telecom towers are critical infrastructure components that require reliable and continuous power supply. Traditionally, these towers have relied on diesel generators and grid electricity, which, while effective, have significant environmental and operational drawbacks. Diesel generators, for instance, emit greenhouse gases and contribute to air pollution, while dependence on grid electricity can be vulnerable to outages and fluctuations.
- To address these issues, there is a growing shift towards renewable fuel types and energy sources. As per the report published by IEA, variable renewable energy in South Korea is continiously growing and is expected to reach 21% in 2034 which was 4% in 2020. Such growing renewable energy has increasd rhe adoption of renewable fuel in various sectors including telecom tower.
- Overall, South Korea's telecom towers are increasingly adopting renewable fuel types, underscoring the nation's dedication to sustainability and environmental responsibility. Fueled by regulatory backing, economic advantages, and corporate sustainability ambitions, renewable energy solutions are reshaping the telecom landscape. With ongoing technological advancements and declining costs, the adoption of renewable fuels in telecom towers is set to expand, paving the way for a greener future in South Korea's telecommunications sector.
South Korea Telecom Tower Industry Overview
The South Korean telecom towers market is consolidated and consists of major players, such as SK Telecom, KT Corporation, and Korea Telecommunications Authority, among others. These major players are expanding their customer base internationally through strategic collaborations and acquisitions of telecom tower startups. This has led to a high market concentration, with a few dominant players benefiting from significant market share and profitability.
- in July 2024, South Korea's Ministry of Science and ICT has unveiled the '6G Society', a new initiative designed to bolster collaboration between the realms of 6G mobile communications and satellite communications. Through this initiative, the Korean government seeks to bridge the gap between these two pivotal fields, both of which are emerging as cornerstone technologies for 6G. This intensified push towards 6G adoption is poised to invigorate the country's telecom tower market.
South Korea Telecom Tower Market Leaders
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SK Telecom
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Korea Telecommunications Authority
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DASAN Network Solutions Inc.
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LG U+
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Seoul Broadcasting System
- *Disclaimer: Major Players sorted in no particular order
South Korea Telecom Tower Market News
- July 2024: Korean telecom giants SK Telecom, KT, and LG Uplus, in collaboration with the Radio Promotion Association of Korea, have inked a deal to empower small and medium-sized manufacturers in crafting 5G IoT products integrated with telecom networks. This initiative seeks to expedite the development timeline and curtail costs for these enterprises venturing into the realm of 5G IoT products. Withthe growing IoT products the demand for high speed network will increase which will drive the market of Telecom in South Korea.
- May 2024: Stage X, a newly launched South Korean mobile operator, has announced a partnership with Rakuten Mobile. The MoU sets the stage for a strategic collaboration, allowing Stage X to tap into Rakuten Mobile's industry insights and leverage telecom technology from Rakuten Symphony. Notably, Rakuten Mobile pioneered the world's first fully virtualized, cloud-native mobile network, boasting a modern infrastructure that guarantees stable telecommunication services.
South Korea Telecom Tower Industry Segmentation
Telecom towers encompass a variety of structures, such as monopoles, tripoles, lattice towers, guyed towers, self-supporting towers, poles, masts, and other similar forms. These towers, equipped with one or more telecommunication antennas, facilitate radio communications. They can be situated on the ground or atop a building's rooftop and often include storage for equipment and electronic components.
The South Korea telecom towers market is segmented by ownership (operator-owned, private-owned, and MNO Captive sites), by installation (rooftop, and ground-based), and by fuel type (renewable and non-renewable). The Market Sizes and Forecasts are Provided in Terms of Installed Base (in Thousand Units) for all the Above Segments.
| Ownership | Operator-owned |
| Private-owned | |
| MNO Captive sites | |
| Installation | Rooftop |
| Ground-based | |
| Fuel Type | Renewable |
| Non-renewable |
South Korea Telecom Tower Market Research FAQs
How big is the South Korea Telecom Tower Market?
The South Korea Telecom Tower Market size is expected to reach 31.68 thousand units in 2025 and grow at a CAGR of 2.81% to reach 36.38 thousand units by 2030.
What is the current South Korea Telecom Tower Market size?
In 2025, the South Korea Telecom Tower Market size is expected to reach 31.68 thousand units.
Who are the key players in South Korea Telecom Tower Market?
SK Telecom, Korea Telecommunications Authority, DASAN Network Solutions Inc., LG U+ and Seoul Broadcasting System are the major companies operating in the South Korea Telecom Tower Market.
What years does this South Korea Telecom Tower Market cover, and what was the market size in 2024?
In 2024, the South Korea Telecom Tower Market size was estimated at 30.79 thousand units. The report covers the South Korea Telecom Tower Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Korea Telecom Tower Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
South Korea Telecom Tower Industry Report
Statistics for the 2025 South Korea Telecom Tower market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Korea Telecom Tower analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
