Global SIM card shipment will reach 5.2 billion units in 2014, a 5.32 percent increase from 2013, according to ABI Research.
LTE, NFC, and M2M are gaining momentum and considered the trends for the next few years.
Large markets such as 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 stabilised and steady growth is expected from 2015 onwards.
“Exploring global data we found that in 2014 we witnessed the crucial moment when technology curved at a higher percentage towards LTE. For the United States, Japan and South Korea, this transition was achieved quite smoothly while Africa and India are experiencing difficulties in their attempt to invest and upgrade their current network infrastructure. The board is set and LTE, NFC, and M2M are the rapidly increasing trends of the market. Global analysis in 2014 suggests 83 percent increase in LTE technology, 153 percent increase in SWP Secure Element SIM shipments, and 63 percent increase in MFF shipments since 2013,” said Dimitrios Pavlakis, Research Analyst of ABI Research.