Nano Sim Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
Nano SIM Market Growth and Trends
The Nano SIM Market or the Nano Subscriber Identity Module market has been an integral part of mobile telephony devices. SIM card is the key for any mobile carrier to place or take a call through a network. Hence, the utilization of all mobile phones for call purposes like GSM phones, LTE handsets, CDMA phones, and satellite phones need SIMs for their essential working. Certain developed countries, even exhibit 100% smartphone penetration and a subsequent rise in disposable incomes along with the increasing awareness of smartphone benefits has created lucrative growth for the Nano SIM market. The rise in the number of international travelers has significantly boosted the sale of Nano SIMs.
Phone banking has increased tremendously due to the convenience provided by SIM cards for secure connection with banks. Nano SIM cards gained more attention than conventional SIM cards as they increase the transaction speed and evade time consumption. SIM cards can also act as a memory device with memory capacities ranging from 32KB to as much as 256KB. Such multifunctional use of SIMs propels their need with the desired feature in the market. Recent technological shift towards wearable devices as an accompaniment to smartphones and other devices such as smart watches, smart glasses, health wrist bands, and smart clothes, presents a profound growth area for SIM card suppliers and mobile network operators. The rising advancements of such auxiliary devices in the market pave an opportunity for SIM suppliers and operators to produce SIMs that are adaptable for both pluggable and embedded forms.
Nano SIMs are in trend for companion devices, as wearable devices with SIM cards have the potential to elevate mobile network operator subscribers and lead to more SIM management and accelerated revenue streams. Innovation and development are at the forefront of this industry, where frequent acquisitions and strategic alliances are adopted as the vital approach by the companies to promote the Nano SIM market. The regular optimization of product mix and the development of value-added capabilities maximize the margins of the Nano SIM market. The no or low delay in production-turn-around-times and supply-lead-times additionally aids in the production and supply chain units of Nano SIMs.
Nano SIM Industry Regional Analysis
Nano SIM Market Research Report Scope/Definition
Nano SIM Market Share and Competition Key companies operating in this industry are: Datang Microelectronics; Technology Co., Ltd. (China) ; Eastcompeace Smart Card Co., Ltd. (China) ; Ebtikar Card Systems (UAE) ; Etisalat (UAE) ; Gemalto NV (Netherlands) ; Giesecke & Devrient (Germany) ; KONA I (Korea) ;Oberthur Technologies (France) ; Safran S.A (France); Solacia (South Korea); Telit Communications PLC (Italy); Watchdata Technologies Pte Ltd. (Singapore); Wuhan Tianyu Information Industry Co., Ltd. (China)
Nano SIM Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Mini Subscriber Identity Module (Mini-SIM)
• Micro Subscriber Identity Module (Micro-SIM)
• Nano Subscriber Identity Module (Nano-SIM)
• Embedded SIM / Embedded Universal Integrated Circuit Card ( eUICC)
• Higher SIM Card Memory Capacity: The Order of the Day
• Functions of a SIM Card
• Usage Standards in Mobile Phones
• SIM Operating Systems
• Data Stored in SIM
• An Overview of the Data Stored
• Integrated Circuit Card Identifier or ICC-ID
• International Mobile Subscriber Identity or IMSI
• Pricing
Recent Industry Analysis (Revenue, USD Million, 2021 - 2028)
• Smart Launches Super Speed LTE SIMS and Giga Surf 50 in Philippines
• Senterra to Acquire Oasis Smart
• Safran to Divest Morpho Detection
• Safran Consolidates Group Companies
• Spirent Inks Agreement with Oasis Smart for IoT Solutions
• Giesecke & Devrient and Vodafone Partners for Vodafone Secure Login
• Jasper and Giesecke & Devrient Inks Deal on Global SIM
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Nano SIM Industry Companies
• Datang Microelectronics Technology Co., Ltd. (China)
• Eastcompeace Smart Card Co., Ltd. (China)
• Ebtikar Card Systems (UAE)
• Etisalat (UAE)
• Gemalto NV (Netherlands)
• Giesecke & Devrient (Germany)
• KONA I (Korea)
• Oberthur Technologies (France)
• Safran S.A (France)
• Solacia (South Korea)
• Telit Communications PLC (Italy)
• Watchdata Technologies Pte Ltd. (Singapore)
• Wuhan Tianyu Information Industry Co., Ltd. (China)
Available Versions of Nano SIM Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
