Leading SIM card and IC vendors include G&D, Gemalto, Morpho, and Oberthur Technologies. EM Microelectronic, Infineon, and Samsung continue to lead the market. 4G SIM penetration rates are increasing rapidly, albeit with varying degrees of regional success, and overall 4G SIM shipments are forecast to account for 43% of the total SIM shipments by 2021.
On a global scale, while North America and Europe are remaining relatively stable in terms of new organic growth, ABI Research detects the largest growth percentage will occur in Latin America, Africa, and select Asia-Pacific regions. Specifically, China emerged as a prominent player in the LTE race with both government and industry entities showing signs that the region is planning to dominate the race for upcoming 5G rollouts.
These findings are from ABI Research's SIM Cards (https://www.abiresearch.com/market-research/product/1022853-sim-cards/) and SIM Card ICs (https://www.abiresearch.com/market-research/product/1022846-sim-card-ics/) reports.
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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SOURCE ABI Research