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Global SIM card market will reach 3.55 billion U.S. dollars by 2022

Author: QYResearch | Publish date: 2018-03-21 | Views: 59
The SIM Cards industry was 3420.31 million USD in 2016 and is projected to reach USD 3553.15 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of 0.64% between 2016 and 2022.

The industry is relatively concentration, the key brand include Gemalto, G&D, Oberthur, Morpho (Safran), VALID, Eastcompeace, Wuhan Tianyu, DATANG, KONA I, dz card, Watchdata, HENGBAO, XH Smartcard (Zhuhai) and so on. With the spectacular market growth enjoyed by cellular handsets, one might think that there was plenty of profitable business for most players.

 

A subscriber identification module (SIM) is an integrated circuit which is used to store the IMSI number. The SIM cards consist of memory capacities such as 32KB, 64KB, 128KB and 256KB. SIM cards are primarily used in GSM phones, CDMA phones, LTE handsets, and satellite phones. There is an interesting move toward wearable devices as companions to smartphones and other mobile devices, such as smartwatches, health bands, glasses and smart clothes, which present a growth area for smart-card suppliers and mobile network operators. The rising number of these devices in the market is an opportunity for operators and card suppliers to increase SIM penetration for both pluggable and embedded form factors.

 

Companion devices can have an additional SIM card inserted (e.g., nano SIM) or an embedded SIM (i.e, eUICC). Wearable devices with SIM cards incorporated into them have the potential to increase mobile network operator (MNO) subscribers, leading to more addressable devices for SIM management and increased revenue streams.

 

All manufactures in the world are committed to the improvement of product. These two years, some of Chinese manufactures can almost catch up with the world's leading technology too. Most technologies are developed by the manufacturers instead of importing from other companies.

 

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.


The Global SIM Cards Market Professional Survey Report 2017 report released by QYResearch provides a basic overview of the SIM Cards industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in China, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the SIM Cards industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:http://:http://www.qyresearchglobal.com/goods-1344964.html
QYResearchglobal focus on market survey and report 
Media contact: press@qyresearch.com

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