Global Subscriber Identification Module (SIM) Card Market 2017-2021
About SIM Card
A SIM is an IC, which is used to store the IMSI number. The IMSI number is used to identify and authenticate subscribers on telephonic devices. The SIM cards consist of memory capacities such as 32KB, 64KB, 128KB, and 256KB. SIM cards are always used in Global System for Mobile communication (GSM) phones, code-division multiple access (CDMA) phones, LTE handsets, and satellite phones.
Technavio’s analysts forecast the global Subscriber Identification Module (SIM) card market to grow at a CAGR of 1.47% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global Subscriber Identification Module (SIM) card market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of SIM cards.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Subscriber Identification Module (SIM) Card Market 2017-2021
Technavio recognizes the following companies as the key players in the global Subscriber Identification Module (SIM) card market: Bartronics, Eastcompeace Technology, Gemalto, Giesecke & Devrient, OT-Morpho, and Zhuhai XH Smartcard.
Other Prominent Vendors in the market are: dz card, ST Incard, and Wuhan Tianyu.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Introduction of E-SIM in telecommunications. E-SIM is a SIM card that cannot be removed from the devices. Thus, smartphone vendors are planning to provide phones with dual SIM with one removable and another as E-SIM. The handset market will be creating demand for E-SIM technology, and it will increase the supply and demand factors for the E-SIM market. The smartphone replacement cycle is less than one to two years in the most developed markets, and two years in the emerging markets. Thus, the replacement cycle also creates the demand for E-SIM cards that can be introduced in the mobile devices. The smartphone vendors are planning to introduce E-SIM by providing dual SIM cards, including E-SIM and removable SIM.”
According to the report, one of the major drivers for this market is Development of triple SIM FF. The increase in mobile devices has entailed the growth of the SIM card market, which, in turn, is driving the need for SIM FFs. Mobile network operators had a challenge of maintaining stocks. Most mobile subscribers are not aware of the FFs of the SIM cards used in the mobile devices. Thus, triple SIM provided the solution for handling different SIM sizes and easing SIM management. This innovation combined all FFs in one single card with precise cuts. The design of the SIM cards also meets the challenge of different thickness requirement. The nano SIM area is thinner at its rear side than the rest of the card.
Further, the report states that one of the major factors hindering the growth of this market is Need for registration of SIM cards. Registration of SIM cards is a policy that a number of governments have adopted. It requires the consumers to provide proof of identity to activate a prepaid mobile SIM card. This regulation is leading to a reduction in criminal and anti-social behavior. Prepaid SIM registration regulation is mandated in around 80 countries.
Bartronics, Eastcompeace Technology, Gemalto, Giesecke & Devrient, OT-Morpho, Zhuhai XH Smartcard, dz card, ST Incard, and Wuhan Tianyu.
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