Title: Subscriber Identification Module (SIM) Card Market Competitive Research And Precise Outlook 2023 To 2030
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Subscriber Identification Module (SIM) Card Market
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6Market Overview
The need for SIM cards with more storage space is
being driven by the proliferation of smartphones
and the rising popularity of mobile data
services, both of which contribute to the
expansion of the SIM card industry.Small and
rectangular in shape, a SIM card is used to
safely store authentication and identifying data
for mobile devices. It was created so that people
could use their phones on multiple networks
without having to buy expensive new equipment for
each. Information regarding the subscriber's
account, including as their phone book, favorite
numbers, text messages sent and received, call
history, missed calls, and voice mail and caller
ID preferences, is stored on the SIM card.Sales
volume (in kilobucks) and revenue (in millions of
U.S. dollars) for the Subscriber Identification
Module (SIM) Card market are estimated and
forecasted from 2017 to 2030, with 2022 as the
base year. This study breaks down the worldwide
market for SIM (Subscriber Identity Module) cards
into their component parts. We also provide
regional product market sizes broken down by
category, use case, and industry player. Our
analysis of the market size included the effects
of both COVID-19 and the conflict between Russia
and Ukraine.
7By Region
In 2021, the Asia-Pacific region generated the
most income. Countries such as China, India, and
others can be found in the Asia Pacific region.
During the predicted time period, the market for
SIM cards in Asia Pacific is anticipated to
expand at the highest compound annual rate of
growth. The increasing number of smartphone users
in the region should boost sales of subscriber
identity modules. In addition, the rising demand
for cutting-edge features in mobile phones and
other electronics is anticipated to fuel market
expansion. SIM cards used in the
telecommunications industries of nations like
India, Pakistan, Singapore, and Bangladesh are
primarily sourced from China. Smartphone
manufacturing has expanded as a result of
lifestyle shifts and rising levels of
discretionary income. Manufacturers of
smartphones are increasing output to satisfy
rising consumer demand. The expansion of
government and federal agencies is also
contributing to the expansion of the market. For
instance, the SIM Card Registration Act was
passed by the House of Representatives of the
Philippines on December 11, 2021. This law
mandates the registration of Subscriber Identity
Module (SIM) cards. The Philippine House of
Representatives has passed the Subscriber
Identity Module (SIM) Card Registration Act,
which mandates the registration of SIM cards.
It's supposed to help the country out by giving
local merchants a leg up in the digital
marketplace and increasing public faith in the
fast expanding identity-connected digital service
sector. In light of the tremendous expansion of
e-commerce, fintech, and mobile
8The Global Subscriber Identification Module (SIM)
CardMarket has been segmented into
- By Type
- 32 KB
- 64 KB
- 128 KB
- 256 KB
- 512 KB
- By Application
- GSM Phones
- CDMA Phones
- LTE Handsets
- Satellite Phones
9The Global Subscriber Identification Module (SIM)
Card Market has been segmented into
- By Region
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- By Region
- North America
- US
- Canada
- Mexico
- Rest of North America
- The Middle East Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- By Region
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
10Key Market Updates
- Telstra, one of Australia's leading
telecommunications firms, released new mobile
plan bundles in August 2022 with the goal of
making mobile and data services more accessible
and affordable to Australian families. Individual
SIM cards that allow for additional devices are
still accessible, but now consumers who offer one
or more services on an appropriate 'prepaid'
mobile plan can take advantage of new bundled
options. - In order to add a child's smartphone, tablet, or
mobile broadband hotspot to an existing account,
customers can add up to five new bundle
options.IDEMIA, the industry leader in augmented
identification, collaborated with KT Corporation
(formerly Korea Telecomm) in August 2021 to
release KTC's first standalone 5G USIM card in
Asia Pacific, which is compatible with the new 5G
standalone network. - As a result of this collaboration, IDEMIA will be
able to provide KTC with 5G standalone USIM cards
that feature Near-Field Communication (NFC).
Customers of mobile network operators (MNOs) now
have a more secure option in the form of the 5G
standalone universal subscriber identity module
(USIM).
11Market Players
- Bartronics India Limited
- dz Card (International) Ltd
- Eastcompeace Technology Co., Ltd
- GieseckeDevrient GmbH
- IDEMIA
- ST Incard
- Thales Group
- WATCHDATA Co., Ltd.
- Wuhan Tianyu Information Industry Co., Ltd.
- XH Smart Tech (china) Co., Ltd
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