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Detailed examination of the subscriber identification module card market growing at 1.47% CAGR by 2021

Detailed examination of the subscriber identification module card market growing at 1.47% CAGR by 2021

The global Subscriber Identification Module Card industry to grow at a CAGR of 1.47% during the period 2017-2021.

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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.

Complete report on the Subscriber Identification Module Card Market Research Report spread across 70 pages, profiling 9 companies with table of content is now available at  www.reportsnreports.com/contacts/d…aspx?name=1134843 .

Subscriber Identification Module (SIM) Card Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.

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The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Access this Report at www.reportsnreports.com/purchase.aspx?name=1134843 .

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.

This 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.

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.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                                               

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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