Global SIM Card Market Reaches 5.2 Billion Units in 2014—LTE, NFC, M2M Gaining Momentum
January 15, 2015
London, United Kingdom
ABI Research forecasts that global SIM card shipments will reach 5.2 billion units in 2014, marking a revitalizing 5.32% increase from 2013. LTE, NFC, and M2M have successfully paved their way into the industry and are considered the trends for the next few years.
Large markets like India, China, and Saudi Arabia are currently among the last countries to undergo ID registration regulations. Among them only India saw a massive decline in shipments during 2013 but data from 2014 show that the market has successfully stabilized and steady growth is expected from 2015 onwards.