GSM Module Market Size, Share, Industry Growth Report 2030

GSM Module Market

GSM Module Market - GSM SIM (Nano-SIM, Mini-SIM, Embedded SIM, Micro SIM, and Full-Size SIM): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-254 Published Date: Oct-2020 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 8 Billion USD 11 Billion 4% 2019

According to the report published by Zion Market Research, global demand for the GSM Module market was valued at approximately USD 8 Billion in 2019 and is expected to generate revenue of around USD 11 Billion by end of 2026, growing at a CAGR of around 4% between 2020 and 2026.

Global GSM Module Market: Overview

GSM stands for global system for mobile communications whose standards are set by the European Telecommunications Standards Institute (ETSI). Originally, this is the Group Special Mobile used by mobile phones to describe the protocols for second-generation (2G) digital cellular networks. It became a global standard for mobile communications and accounted for the largest market share. The 2G network is advanced in terms of application as compared to 1G. It replaces first-generation analog cellular networks. The GSM network is specially described as a digital and circuit-switched network that is more effective for full-duplex voice telephony. Wireless technology was incorporated in GSM to operate with various applications such as DTMF decoder, several network protocols, and jamming detection. GSM module is power-efficient and owing to its ultra-compact size the cost is also low. Furthermore, the GSM module is easily linked with the GSM network to report, control, and program. Moreover, in the GSM module, the subscriber identity module (SIM) can be moved from one another.

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Global GSM Module Market: Growth Factors

Factors such as web browsing, additional features and data support facility to allow the customers to purchase more SIM, which in turn act as the driving factors for the GSM module market. Owing to its widespread application in the research and development sector, the demand for GSM SIM is anticipated to increase in the market. Increasing the adoption of wireless technology and voice clear quality is anticipated to foster the growth of the global GSM Module market. In the domestic market, people enjoy messaging and other services which will boost the market in the near future. GSM module protects users providing them with the high security from hacking which is alternate to analog cellular and Wi-Fi. This, in turn, is expected to increase the demand for the GSM module in the future. Complex soft hand-off support, a fewer number of consumers operating per channel, and lower data security are some of the restraining factors for the growth of the global GSM Module market.

Global GSM Module Market: Report Scope:

Report Attributes Report Details
Report Name GSM Module Market
Market Size in 2019 USD 8 Billion
Market Forecast in 2026 USD 11 Billion
Compound Annual Growth Rate CAGR of 4%
Number of Pages 110
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Huawei Technologies Co. Ltd., Telit Communications PLC, Sagem, and Siemens AG.
Segments Covered By Product Type, By Application And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2019
Historical Year 2015 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global GSM Module Market: Segmentation

On the basis of the GSM SIM, the global GSM module market is segmented as nano-SIM, mini-SIM, embedded SIM, micro-SIM, and full-size SIM.  Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global GSM Module Market: Regional Analysis

Asia Pacific is one of the leading markets for the GSM module. This trend is followed by Europe. Developing countries such as India, China, and Japan are anticipated to improve their purchasing power owing to the increasing double income and population. This, in turn, will increase the demand for the GSM module. On the other hand, North America is anticipated to lag behind in the GSM module market.

Global GSM Module Market: Competitive Players

Some of the key players dominating the global GSM Module market are Huawei Technologies Co. Ltd., Telit Communications PLC, Sagem, and Siemens AG.

GSM Module Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Factors such as web browsing, additional features and data support facility to allow the customers to purchase more SIM, which in turn act as the driving factors for the GSM module market. Owing to its widespread application in the research and development sector, the demand for GSM SIM is anticipated to increase in the market.

According to Zion Market Research, global demand for the GSM Module market is expected to generate revenue of around USD 11 Billion by end of 2026, growing at a CAGR of around 4% between 2020 and 2026.

Asia Pacific is one of the leading markets for the GSM module. This trend is followed by Europe. Developing countries such as India, China, and Japan are anticipated to improve their purchasing power owing to the increasing double income and population.

Some of the key players dominating the global GSM Module market are Huawei Technologies Co. Ltd., Telit Communications PLC, Sagem, and Siemens AG.

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