The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Subscriber Identification Module (SIM) Card Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Subscriber Identification Module (SIM) Card Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. The market’s expansion can be ascribed to elements including rising smartphone use and demand for data services, which are pushing up the need for SIM cards with bigger storage capacities and, consequently, for SIM card makers.
Subscriber Identification Module (SIM) Card Market Competitive Research And Precise Outlook 2023 To 2030
1. Sample on Global Subscriber Identification Module (SIM)
Card Market - Global Industry Analysis, Size, Share, Growth
Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis,
Competition and Forecasts 2022 to 2030
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Research Methodology
Methodology/Research Approach
Our research methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of sources including
trade databases; government published documents, investor presentations, company annual
reports, white papers, and paid databases.
Research Programs/Design
Requirement
collection
Feasibility check of
client requirements
Draft of
deliverables
(iterative step)
Approval from
client
Projectinitiation
Secondary
research
Data collection Primary research
Data validation Data analysis
Cross verification
with panel of
experts
Projectdelivery to
the client
Post-delivery
support
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Market Size Estimation
Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data
Recordering out relevant insights. These are evaluated across teams and by our in-house
Medical. Along with data mining, we also initiate the primary research phase in which we interact
with companies operating within the market space.
To evaluate the wholeness of the market, we interact (via email or telephone) with players who
are responsible in adding value to the final product. Additionally, we interact with related industries
to understand the external factors that can drive/hamper a market. We also make it a point to
evaluate various economic parameters, which typically, have an impact on the purchasing choices
of individuals as well as companies.
Post these stages, data are cross-verified with the companies that operate in a market space. It
is important for us to study these companies in detail, to understand their existing performance
and future strategies which will define the market in the coming years.
All this data is collected and evaluated by our analysts. Post the preparation of the report and
data analysis, the findings are presented to our in-house experts who then eliminate
discrepancies (if any).
The key players in the industry and markets have been identified through extensive
secondary research.
The industry’s supply chain and market size, in terms of value, have been determined
through primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary
sources and verified through primary sources.
Data Source
Secondary Sources
In the secondary research process, various secondary sources, such as D&B Hoovers,
Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting
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information for this study. Secondary sources included annual reports, press releases, and
investor presentations of companies; whitepapers, certified publications, and articles by
recognized authors; gold standard and silver standard websites; regulatory bodies; trade
directories; and databases.
List of secondary sources include but are not limited to:
Academic Journals
Census.gov
Bloomberg
Company Annual Report
Hoovers
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/
Data Reordered to ensure that only validated and authenticated sources are considered. In
addition, data is also mined from a host of reports in our repository, as well as a number of reputed
paid databases. For comprehensive understanding of the market, it is essential to understand the
complete value chain and in order to facilitate this; we collect data from raw material suppliers,
distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals.
Technical data is also gathered from intellectual property perspective, focusing on white space
and freedom of movement. Operation Industry Vertical dynamics with respect to drivers,
restraints, pricing trends is also gathered. As a result, the material developed contains a wide
range of original data that is then further cross-validated and authenticated with published
sources.
Primary Sources
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews
are conducted, on face to face as well as over the phone to validate our findings and assumptions
used to obtain them. Interviewees are approached from leading companies across the value chain
including suppliers, Component providers, domain experts and buyers so as to ensure a holistic
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and unbiased picture of the market. These interviews are conducted across the globe, with
language barriers overcome with the aid of local staff and interpreters. Primary interviews not only
help in data validation, but also provide critical insights into the market, current business scenario
and future expectations and enhance the quality of our reports. All our estimates and forecast are
verified through exhaustive primary research with Key Operation Industry Vertical Participants
(KIPs) which typically include:
Market leading companies
Raw material suppliers
Operating System distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight in to the current market and future expectations
Some of the KIPs are mentioned as below:
Medtronic
Olympus
Otsuka Holdings Co., Ltd.
Etcetera
Others
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is
created customized for each study. Gathered information for market dynamics, Component
landscape, Sensor Type development and pricing trends is fed into the model and analyzed
simultaneously. These factors are studied on a comparative basis, and their impact over the
forecast period is quantified with the help of correlation, regression and time series analysis.
Market forecasting is performed via a combination of economic tools, technological analysis, and
industry experience and domain expertise.
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Econometric models are generally used for short-term forecasting, while technological market
models are used for long-term forecasting. These are based on an amalgamation of Component
landscape, regulatory frameworks, economic outlook and business principles. A bottom-up
approach to market estimation is preferred, with key regional markets analyzed as separate
entities and integration of data to obtain global estimates. This is critical for a deep understanding
of the industry as well as ensuring minimal errors. Some of the parameters considered for
forecasting include:
Market drivers and restrains, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2026
We assign weights to these parameters and quantify their market impact using weighted average
analysis, to derive an expected market growth rate.
Data Triangulation
Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches
as follows:
Data Triangulation Techniques
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Data Source Triangulation
• Extracting data and validation
from multiple type of
secondary and primary
sources
Methodology Triangulation
• Combining various
methodologies to validate
data inputs
Theory Triangulation
• Applying different theories to
check credibility of data sets
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Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the
fundamental Top Down and Bottom Up approach.
Bottom Up Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
After arriving at the overall market size using the market size estimation processes as explained
above, the market was split into several segments and sub segments. To complete the overall
market engineering process and arrive at the exact statistics of each market segment and sub
segment, the data triangulation and market breakdown procedures were employed, wherever
applicable. The data was triangulated by studying several factors and trends from both the
demand and supply sides.
Global
Market
Value
Add up all Country Market Sizes
to Derive Regional Market Size
Market Size for a Country = Add up of Total
Company Revenues
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Release, Journals, Paid Databases,
and A2Z Market Research database
Primary: Demand & Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Releases, Journals, Paid Databases,
and A2Z Market Research database
Bottom-upApproach (Segmental Analysis) Global Market
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Top Down Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Report Objectives
To define, describe, and forecast the {Keyword} Market by segments, and region
To provide detailed information about the major factors (drivers, restraints, opportunities,
and challenges) influencing the growth of the market
To analyze the sub-segments with respect to individual growth trends, prospects, and
contributions to the total market
To analyze opportunities in the market for stakeholders and provide the competitive
landscape of the market
To forecast the revenues of the market segments with respect to the major regions, such
as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.
To profile the key players and comprehensively analyze their recent developments and
positioning in {Keyword} market.
Global Market ($ Million)
Geographical Split
Percent Split for Type and
Application Segments for
Market
Country Split
Global Market Size Through Primaries(Demand and
Supply Side Experts)
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research database
Primary: Demand &and Supply Side Experts
Primary: Demand and Supply Side Experts
Secondary: Company Websites, Press Releases, and
News Articles
Top-Down Approach (SegmentalAnalysis) Global Market
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To analyze competitive developments, such as mergers and acquisitions, new product
developments, and Research and Development (R&D) activities, in the market
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Market Overview
Market Synopsis
The market growth can be attributed to factors such as increasing smartphone penetration and
increasing demand for data services on smartphones, which drives the demand for SIM cards
with greater storage capacity and increases the demand for SIM card manufacturers.
A Subscriber Identification Module (SIM) card is a small, rectangular piece of plastic that
contains secure authentication and identification data for a mobile device. It was designed to
enable users to switch their phones between networks without requiring new hardware or
software from each network provider. The SIM contains information about the subscriber's
account, such as the contact list, favorite numbers, received/sent text messages, history of
incoming/missed calls, and service options for voice mail or caller ID services.
The Subscriber Identification Module (SIM) Card market size, estimates, and forecasts are
presented in terms of sales volume (K units) and revenue (million USD) for the period 2017 to
2030, with 2022 as the base year. This report breaks down the global Subscriber Identification
Module (SIM) Card market in great depth. Regional market quantities pertaining to product
type, application, and participant are also provided. We accounted for the impact of COVID-19
and the Russian-Ukrainian war when estimating the extent of the market.
Request Sample Copy of Report “Subscriber Identification Module (SIM) Card Market - Global
Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT
Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.
Key Market Updates
Telstra, one of Australia's largest telecommunications companies, introduced new mobile
plan bundles in August 2022 that are anticipated to make mobile and data services
affordable for families across the nation. In addition to individual SIM cards that enable
the use of additional devices, new bundled plans are available to consumers who offer
one or more services on a 'prepaid' mobile plan that is eligible. To connect a child's
smartphone, tablet, or mobile broadband hotspot to an existing account, a customer may
add up to 5 new bundled plans.
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IDEMIA, a global leader in augmented identity, partnered with KT Corporation (formerly
Korea Telecomm) in August 2021 to launch KTC's first standalone 5G USIM card
supporting the new 5G standalone network in Asia Pacific. Through this partnership,
IDEMIA will be able to provide KTC with 5G standalone USIM cards with NFC (Near-Field
Communication) capability. The 5G standalone USIM is a card designed particularly to
protect customer privacy, thereby enhancing the security of mobile network operator
(MNO) network customers.
Regional Outlook:
In 2021, Asia-Pacific accounted for the highest revenue share. Asia-Pacific is comprised of
China, India, etc. During the forecast period, the market for SIM cards in Asia-Pacific is
anticipated to record the highest CAGR. SIM card demand is anticipated to increase as the use
of devices increases in the region. In addition, the ever-increasing demand for superior
technology embedded in smartphones and other electronic devices is anticipated to contribute
to the growth of the market. China is the main supplier of SIM cards to the telecommunications
industries of countries such as India, Pakistan, Singapore, and Bangladesh. Smartphone
production has increased as a result of alterations in lifestyle and an increase in disposable
income. Various smartphone manufacturers are ramping up production to satisfy rising
demand. Regulatory expansion by federal agencies and the government also contributes to
market expansion. On December 11, 2021, for instance, the Philippine House of
Representatives passed the SIM Card Registration Act, a law requiring the registration of
Subscriber Identity Module (SIM) cards. The Subscriber Identity Module (SIM) Card Registration
Act, a bill mandating SIM card registration, was passed by the Philippine House of
Representatives. It is anticipated to benefit the nation by empowering small businesses
engaged in online commerce and by fostering consumer confidence in the swiftly expanding
society of identity-connected digital services. Raymund E. Liboro, a member of the National
Privacy Commission (NPC), issued a statement in support of the measure in the midst of the
rapid digitalization spurred by the pandemic, which has led to an unprecedented expansion of
e-commerce, fintech, and mobile services. With prepaid and postpaid SIM cards, the bill aims to
increase accountability and aid law enforcement in locating perpetrators.
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Market Scope
On the basis of By Type, the market has been segmented as follows:
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On the basis of By Application, the market has been segmented as follows:
GSM Phones
CDMA Phones
LTE Handsets
Satellite Phones
On the basis of Companies
Bartronics India Limited, dz Card (International) Ltd, Eastcompeace Technology Co., Ltd,
Giesecke+Devrient GmbH, IDEMIA, ST Incard, Thales Group, WATCHDATA Co., Ltd., Wuhan
Tianyu Information Industry Co., Ltd., XH Smart Tech (china) Co., Ltd
On the basis of Geography
NORTH AMERICA
EUROPE
ASIA PACIFIC
MIDDLE EAST AFRICA
SOUTH AMERICA
About Us:
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Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting
services to officials at various sectors such as investment, information technology,
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