Wireless Tower Construction in the US - Industry Research Report

Phone Home: Expanding Internet and Cell Phone Use is Driving Industry Demand

The Wireless Tower Construction industry has experienced a high level of revenue volatility over the five years to 2023 as business conditions have been positive, yet challenging. The rapid proliferation of mobile devices and growing demand for high-speed internet connectivity, broadband, data transmission and video and music download services have driven demand for industry construction services higher. Wireless telecommunication companies, namely AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc., have become the industry's largest customers, accounting for nearly 90.0% of industry revenue. This has enabled the industry to account for a growing share of revenue from its parent industry as these companies seek to deliver advanced telecommunication services via deploying the latest infrastructure. Industry revenue is estimated to grow at a CAGR of 2.0% to $13.1 billion over the five years to 2023, including an increase of 3.7% in 2023 alone.

Operators in this industry primarily engage in the construction of wireless communication structures, including transmission lines, towers, cables and other utility structures. The work performed may include new work, reconstruction, rehabilitation and repairs. Industry operators include specialty contractors primarily engaged in activities related to the construction of communication lines and related structures.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.