LONDON, July 26, 2016 /PRNewswire/ -- ABI Research
forecasts the rising global SIM card market to top five billion
shipments this year, and expects developing markets in South Africa, Saudi
Arabia, and pockets in the Asia
Pacific and Middle East
regions to experience above average growth rates through 2021. A
mandatory registration, however, will cause turbulence in the
Chinese market, as the government now mandates citizens to register
their SIM cards.
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"The Chinese SIM card market will experience an unsettling
period from late 2016 up to early 2019," says Dimitrios Pavlakis, Industry Analyst at ABI
Research. "Somewhat slower growth for 4G and the subsequent
cannibalization of 3G shipments will characterize this
chapter."
China's current economic
climate continues to affect most technology segments, causing
shipment decline across multiple verticals and affecting SIM card
sales noticeably. Governmental mandates are also pushing the three
big MNOs to increase LTE penetration rates. While all citizens will
be subjected to mandatory SIM Card registration by 2017, or
otherwise will be under penalty of account termination.
"Not all is bleak, however, and while LTE rollouts are still
facing difficulties in certain Asia
Pacific regions, we foresee global 4G SIM card shipments
accounting for approximately 23% of the overall APAC shipments for
2016," concludes Pavlakis. "This percentage will rise to almost 45%
by 2021 in the APAC region, sitting above the 43% global 4G
shipments, as 4G becomes dominant."
These findings are from ABI Research's SIM Cards
(https://www.abiresearch.com/market-research/product/1022843-sim-cards/)
and SIM Card ICs
(https://www.abiresearch.com/market-research/product/1022836-sim-card-ics/)
market research. These reports are part of the company's Digital
Security sector
(https://www.abiresearch.com/market-research/practice/digital-security/),
which includes research, data, and analyst insights.
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.
Contact
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