Global SIM Card Shipments to Exceed 5.8 Billion in 2020, Despite Market Uncertainty

According to figures from ABI Research, global SIM Card shipments rose by 3.9% YoY in 2016 to reach over 5.4 billion units, with this number expected to hit over 5.8 million in 2020. This moderate growth rate was driven by continued advancement of LTE networks in China , Indonesia , and India , with the latter having fully recovered from the impact of the introduction of SIM ID registration which hit the market heavily in 2013. However, Asia could be considered a market highlight, with its success somewhat offsetting disappointing and stagnant results in the Americas and Western Europe , driven by the closure of Softcard, directly impacting the issuance of single wire protocol (SWP) SIMs, and high saturation levels respectively. Click here for more.

from Cellular News http://bit.ly/2wdQ1LR