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Subscriber Identification Module (SIM) Card Market size is set to grow by USD 2.28 billion from 2024-2028, Growing migration to 5G network to boost the market growth, Technavio

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NEW YORK, June 12, 2024 /PRNewswire/ — The global subscriber identification module (SIM) card market  size is estimated to grow by USD 2.28 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 9.16%  during the forecast period.  Growing migration to 5g network is driving market growth, with a trend towards introduction of e-sim in telecommunications. However, need for registration of sim cards  poses a challenge. Key market players include Bartronics India Ltd., dz Card International Ltd., Eastcompeace Technology Co. Ltd., Giesecke Devrient GmbH, Hengbao Co. Ltd., IDEMIA France SAS, STMicroelectronics International N.V., Thales Group, WATCHDATA TECHNOLOGIES Pte. Ltd., Workz Group, and Wuhan Tianyu Information Industry Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Hybrid SIM, Micro SIM (3FF), Mini SIM (2FF), and Nano SIM (4FF)), Capacity (128KB, 64KB, 32KB, 256KB, and 512KB), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Bartronics India Ltd., dz Card International Ltd., Eastcompeace Technology Co. Ltd., Giesecke Devrient GmbH, Hengbao Co. Ltd., IDEMIA France SAS, STMicroelectronics International N.V., Thales Group, WATCHDATA TECHNOLOGIES Pte. Ltd., Workz Group, and Wuhan Tianyu Information Industry Co. Ltd.

Key Market Trends Fueling Growth

The e-SIM market is set to expand due to the integration of e-SIMs and removable SIMs in dual SIM smartphones. This innovation caters to the short replacement cycles in developed markets and the longer cycles in emerging ones. Collaboration between vendors and e-SIM service providers will further fuel market growth during the forecast period. 

The Subscriber Identification Module (SIM) card market is experiencing significant growth, driven by the increasing demand for mobile connectivity and advanced technologies. Phones and SIM cards are essential components in this industry, with producers focusing on creating compact and efficient solutions.

Consumers are looking for devices that offer better performance, longer battery life, and improved security features. Technologies like NFC, GPS, and biometric authentication are trending in this sector. Additionally, the integration of IoT devices and the implementation of 5G networks are expected to further boost the market. Overall, the SIM card market is a dynamic and innovative space, with companies constantly striving to meet consumer demands and stay ahead of the competition. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Subscriber Identification Module (SIM) card market is facing challenges due to the mandatory registration of SIM cards in over 80 countries. This policy requires consumers to provide proof of identity, leading to a reduction in criminal activity. However, an estimated billion people lack the necessary identity documents, limiting their ability to register for SIM cards.False document submissions result in penalties for operators, decreasing demand and production volume. Consequently, SIM card market growth may be hindered during the forecast period.The Subscriber Identification Module (SIM) card market faces several challenges. Technological advancements, such as the introduction of eSIMs and iSIMs, require adaptability and innovation from market players.Security concerns, including the risk of hacking and data breaches, necessitate robust security measures. Regulations, like the eIDAS Regulation and the GDPR, impose strict compliance requirements. Consumer preferences for affordable and high-performance cards add to the complexity.Competition from other identification technologies, like biometrics, also poses a threat. Markets in developing countries present opportunities but come with unique challenges, such as infrastructure limitations and affordability issues. Overall, the SIM card market requires a strategic approach to address these challenges and maintain competitiveness.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Type 1.1 Hybrid SIM1.2 Micro SIM (3FF)1.3 Mini SIM (2FF)1.4 Nano SIM (4FF)Capacity 2.1 128KB2.2 64KB2.3 32KB2.4 256KB2.5 512KBGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Hybrid SIM-  The Subscriber Identification Module (SIM) card market is a significant component of the telecommunications industry. Businesses issue SIM cards to customers, enabling them to access mobile services. This market continues to grow as more individuals and organizations adopt mobile technologies.

SIM cards facilitate various functions, such as phone calls, text messaging, and mobile internet access. Companies manufacture and sell these cards to mobile network operators, who in turn provide them to subscribers. The SIM card market’s size and growth are driven by factors like increasing smartphone penetration, the proliferation of IoT devices, and the expansion of mobile broadband networks.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Subscriber Identification Module (SIM) card market encompasses the production, distribution, and sales of SIM cards for various mobile telephony devices, including mobile phones, computers, and specialized handsets such as Triple SIM Functionality (Triple SIM FF) phones. Integrated circuits are a crucial component in the manufacturing of SIM cards. SIM card registrations are essential for activating mobile services, and advancements in technology, such as E-SIM, are transforming the industry.

The market caters to diverse telecommunications technologies, including GSM Phones, CDMA Phones, LTE Handsets, and even Satellite Phones. Product pricing and consumer behavior significantly influence the market dynamics, with the National GDP playing a role in shaping the demand for SIM cards in different regions.

Market Research Overview

The Subscriber Identification Module (SIM) card market refers to the business sector involved in the production, sale, and distribution of SIM cards. These cards are essential components in mobile communication systems, enabling user identification and network access. The market for SIM cards is driven by the increasing global adoption of mobile technology and the proliferation of smartphones. Additionally, the growth of the Internet of Things (IoT) and the integration of SIM cards into various devices are expanding the market’s scope.

The SIM card market caters to various sectors, including telecommunications, automotive, healthcare, and logistics, among others. The market is characterized by its competitive landscape, with numerous players offering various types of SIM cards, such as standard, micro, and nano SIMs. The market also experiences constant innovation, with advancements in security features, such as two-factor authentication and biometric verification, enhancing the value proposition for consumers. Furthermore, the market is influenced by regulatory frameworks, technological advancements, and consumer preferences.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeHybrid SIMMicro SIM (3FF)Mini SIM (2FF)Nano SIM (4FF)Capacity128KB64KB32KB256KB512KBGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

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SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

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iM Global Partner mourns the passing of Philippe Uzan

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PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

 

 

SOURCE iM Global Partner

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Technology

Blackbaud Releases New Donation Forms for Australia and New Zealand Customers to Help Social Impact Organisations Raise More

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Customers in Australia and New Zealand Can Now Leverage Donation Forms that Natively
Integrate with Blackbaud’s Payment Processor and CRM Solutions to Give a Completely
Connected Experience

SYDNEY, Jan. 13, 2025 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the rollout of its Optimized Donation Forms for Raiser’s Edge NXT® users in Australia and New Zealand, as well as the release of both the Standard and Optimized Donation Forms for Blackbaud CRM™ users in Australia and New Zealand.

Blackbaud Donation Forms help social impact organisations raise more, streamline the donor experience, simplify administrative tasks, and reduce processing costs, enabling them to sustain and grow their missions.

“We’re excited to bring Blackbaud Donation Forms, which are proven to raise more funds without transaction fees, to more customers globally,” said Sudip Datta, chief product officer, Blackbaud. “We make online giving simple, whether through Blackbaud’s Standard Donation Forms or Optimized Donation Forms, both of which are proven to help increase gift size, eliminate transaction fees and expand the donor base.”

The forms allow nonprofits to choose the fee coverage option that’s right for them ––Complete Cover, which provides free processing, or Donor Cover, which lets supporters cover their transaction fees. And due to native integration, managing transactions is easy. With Blackbaud CRM, the transactions are saved to an enhanced revenue batch for review prior to committing.

Optimized Donation Forms
Blackbaud Optimized Donation Forms reduce the number of decisions for both the organisation and its constituents, resulting in an optimal donor experience and an increase in click-to donation-conversions. Optimized Donation Forms are a great choice for campaigns that need a quick visual punch and that are focused on securing more donors. They are mobile-first and display seamlessly on a website without the need to create a new webpage, enabling payment directly within the form. Customisable with images and a mission statement, they let charitable organisations project consistent branding in a visually appealing, intuitive and engaging way. Additionally, these intelligent forms automatically adjust to increase higher-than-average gift amounts based on donor data analysis.

Standard Donation Forms
Blackbaud Standard Donation Forms are a great choice for specifically targeted campaigns where additional data collection is required. They allow organisations to personalise colours, text, and ask ladders for ultimate customisation and form extension. Standard Donation Forms also enable you to retain donors better by promoting Recurring Gift Upsell to encourage one-time donors to give monthly.

Early Success
US customers using the forms have already seen early success, reporting satisfaction with the ease of use, customisation and flexibility of the forms. Using the Optimized Donation Forms, Seed Savers Exchange saw a 10% increase in their conversion rate and a jump in average donation amount by 61% from the year prior. 

Others appreciate the time-savings and ease of use. “The Optimized Donation Form literally cuts my entry time by more than half,” said Tracey Zirneklis, advancement services manager, Porter-Gaud School. “Being able to see what’s coming in, edit the record, add campaigns or funds or appeals, being able to adjust what I want to do acknowledgement-wise—it is so much more streamlined.”

Spencer Lassen, Senior Systems Consultant at Legacy Health, shared, “Integration of the donation forms into Blackbaud CRM has been seamless. This has been the easiest and fastest integration of a donation platform in my career. I am not a graphic designer, but the intuitive interface and tools have allowed me to easily set up exciting donation forms and email acknowledgments with a modern look and feel. It has been easy to roll out to our team allowing more staff to be able to set up donation forms, which is allowing us to be more responsive to the emergent fundraising needs of our organisation.”

Learn More
Learn more and request a demo here. 

Blackbaud Donation Forms are currently available at no extra cost to Raiser’s Edge NXT users in the US, and Australia and New Zealand, and will be coming to Canada and the UK in 2025. They are also available at no extra cost to Blackbaud CRM users in the US, and Australia and New Zealand, and will be coming to Canada in 2025 as well. Additionally, Blackbaud Donation Forms are available at no extra cost to Altru users in the US. All users must process transactions with Blackbaud Merchant Services to take advantage of Blackbaud Donation Forms.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud’s solutions are unleashing the potential of the people and organisations who change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com.au or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com 

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organisation; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

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SOURCE Blackbaud, Inc.

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