It's Not All About COVID-19 |
NEWS |
The focal point of the Subscriber Identity Module (SIM) market in 2020 has been how COVID-19 will impact the SIM card market. Pre-COVID-19, the SIM card market was already decline as it related to the removable SIM card, with over 80% of SIM card shipments delivered to the handset market, so it should come as no surprise that 1H 2020 was one of significant challenge.
COVID-19 has had and continues to have a disastrous impact on the global devices market, particularly during 1H 2020, driving major disruptions for production lines, related supply chains, labor shortages, and inactive logistics, delaying shipments and weakening the development of next-generation products.
Although the SIM card market is expected to bounce back, the damage will have already been done in 1Q and 2Q 2020. Along with the COVID-19 impact is the additional and continued focus on Embedded SIM (eSIM) technology. eSIM device integration continues to gain traction and is a market beginning to evolve with new converged chipsets, encompassing eSIM, and Secure Element (SE) functionality beginning to make their mar…
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