Market Overview:
The global NFC SIM card market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for contactless payments and rising number of mobile users. In terms of type, the standard SIM segment is expected to hold the largest share of the global NFC SIM card market during the forecast period. This can be attributed to its low cost and wide acceptance among users. In terms of application, payment is expected to hold the largest share of the global NFC SIM card market duringthe forecast period.
Product Definition:
The NFC SIM Card is a SIM card that supports Near Field Communication (NFC) technology. NFC is a short-range wireless communication technology that enables devices to exchange data or connect wirelessly when they are in close proximity to each other. The NFC SIM Card allows devices to communicate with each other wirelessly, making it easy to share files, make payments, and more.
Standard SIM:
A standard SIM is a subscriber identity module which is widely used in GSM and CDMA networks. It acts as an independent entity within the mobile network. The primary function of a standard SIM includes identifying the device, service, and subscription-related information to the mobile network operators or core network. In addition to this, it also stores some user specific data such as profile picture, name etc.
Micro SIM:
A micro sim is a nano SIM card that was initially designed for use in mobile phones. The term “micro” is used to differentiate these cards from macro SIM cards, which are standard size SIM cards used in GSM and CDMA networks. A micro sim can be considered as a miniaturized version of a normal-sized SIM card; it is the same size and shape but has much less internal space owing to the lack of an embedded chip.
Application Insights:
The application segment includes For payment, For identification, Others. The others segment includes personal information management and fraud management applications. The increasing need for authentication methods in various sectors such as banking and financial services, e-commerce, government initiatives for online transactions is expected to drive the demand over the forecast period.
The growing adoption of smartphones has led to a rise in e-commerce activities globally which eventually resulted in an increased number of transactions on a daily basis across all major regions including North America, Europe, Asia Pacific and Latin America. This factor along with other factors such as rising consumer preference towards using mobile payments through NFC SIM cards is expected to propel the market growth over the forecast period.
Regional Analysis:
North America is anticipated to be the key regional market over the forecast period owing to high demand for smartphones and tablets. The U.S., in particular, has a well-established network infrastructure with 4G/LTE coverage across most populated areas, which has resulted in higher adoption of NFC SIM cards. Moreover, growing number of mobile commerce applications supporting contactless payments through various payment platforms such as Apple Pay™ and Google Pay™ is further driving the regional market growth.
Asia Pacific is estimated to be one of the fastest-growing regions during the forecast years on account of increasing smartphone penetration and rising digitalization across economies including China and India. Rapidly expanding retail sector in these countries coupled with growing preference for online shopping will drive industry growth over next few years as consumers prefer using their phones instead of carrying cash or credit cards while shopping offline or online.
Growth Factors:
- Increasing demand for NFC-enabled smartphones: The global NFC SIM Card market is expected to grow at a CAGR of over 25% during the forecast period. This can be attributed to the increasing demand for NFC-enabled smartphones, as they offer a convenient and secure way to make transactions and access information.
- Proliferation of contactless payments: Contactless payments are gaining traction across the globe, owing to their ease of use and security features. This is likely to boost the adoption of NFC SIM Cards in the coming years.
- Rising number of m-commerce users: With more people using their mobile devices for shopping purposes, there is an increased demand for technologies that facilitate m-commerce transactions. This is likely to drive growth in the NFC SIM Card market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
NFC SIM Card Market Research Report
By Type
Standard SIM, Micro SIM, Nano SIM
By Application
For Payment, For Identification, Others
By Companies
Thales, MDT Innovations, Shenzhen Zhongyuanda Smartech, Shenzhen Beiyuan Technology, Shenzhen Csm Tech, Jinjiang Jiaxing Group, Shanghai China Cards Smart Card, CHILITAG TECHNOLOGY, DZ Card India, Thales
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global NFC SIM Card Market Report Segments:
The global NFC SIM Card market is segmented on the basis of:
Types
Standard SIM, Micro SIM, Nano SIM
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For Payment, For Identification, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thales
- MDT Innovations
- Shenzhen Zhongyuanda Smartech
- Shenzhen Beiyuan Technology
- Shenzhen Csm Tech
- Jinjiang Jiaxing Group
- Shanghai China Cards Smart Card
- CHILITAG TECHNOLOGY
- DZ Card India
- Thales
Highlights of The NFC SIM Card Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Standard SIM
- Micro SIM
- Nano SIM
- By Application:
- For Payment
- For Identification
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the NFC SIM Card Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
NFC SIM card is a type of mobile phone SIM card that uses Near Field Communication (NFC) technology to allow users to make and receive payments with their phones. NFC SIM cards are often used in countries where there is no traditional banking system, such as in Africa and Asia.
Some of the key players operating in the nfc sim card market are Thales, MDT Innovations, Shenzhen Zhongyuanda Smartech, Shenzhen Beiyuan Technology, Shenzhen Csm Tech, Jinjiang Jiaxing Group, Shanghai China Cards Smart Card, CHILITAG TECHNOLOGY, DZ Card India, Thales.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 NFC SIM Card Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 NFC SIM Card Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 NFC SIM Card Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the NFC SIM Card Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global NFC SIM Card Market Size & Forecast, 2018-2028
4.5.1 NFC SIM Card Market Size and Y-o-Y Growth
4.5.2 NFC SIM Card Market Absolute $ Opportunity
Chapter 5 Global NFC SIM Card Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 NFC SIM Card Market Size Forecast by Type
5.2.1 Standard SIM
5.2.2 Micro SIM
5.2.3 Nano SIM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NFC SIM Card Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 NFC SIM Card Market Size Forecast by Applications
6.2.1 For Payment
6.2.2 For Identification
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global NFC SIM Card Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 NFC SIM Card Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America NFC SIM Card Analysis and Forecast
9.1 Introduction
9.2 North America NFC SIM Card Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America NFC SIM Card Market Size Forecast by Type
9.6.1 Standard SIM
9.6.2 Micro SIM
9.6.3 Nano SIM
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America NFC SIM Card Market Size Forecast by Applications
9.10.1 For Payment
9.10.2 For Identification
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe NFC SIM Card Analysis and Forecast
10.1 Introduction
10.2 Europe NFC SIM Card Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe NFC SIM Card Market Size Forecast by Type
10.6.1 Standard SIM
10.6.2 Micro SIM
10.6.3 Nano SIM
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe NFC SIM Card Market Size Forecast by Applications
10.10.1 For Payment
10.10.2 For Identification
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific NFC SIM Card Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NFC SIM Card Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific NFC SIM Card Market Size Forecast by Type
11.6.1 Standard SIM
11.6.2 Micro SIM
11.6.3 Nano SIM
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific NFC SIM Card Market Size Forecast by Applications
11.10.1 For Payment
11.10.2 For Identification
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America NFC SIM Card Analysis and Forecast
12.1 Introduction
12.2 Latin America NFC SIM Card Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America NFC SIM Card Market Size Forecast by Type
12.6.1 Standard SIM
12.6.2 Micro SIM
12.6.3 Nano SIM
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America NFC SIM Card Market Size Forecast by Applications
12.10.1 For Payment
12.10.2 For Identification
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) NFC SIM Card Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NFC SIM Card Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) NFC SIM Card Market Size Forecast by Type
13.6.1 Standard SIM
13.6.2 Micro SIM
13.6.3 Nano SIM
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) NFC SIM Card Market Size Forecast by Applications
13.10.1 For Payment
13.10.2 For Identification
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 NFC SIM Card Market: Competitive Dashboard
14.2 Global NFC SIM Card Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thales
14.3.2 MDT Innovations
14.3.3 Shenzhen Zhongyuanda Smartech
14.3.4 Shenzhen Beiyuan Technology
14.3.5 Shenzhen Csm Tech
14.3.6 Jinjiang Jiaxing Group
14.3.7 Shanghai China Cards Smart Card
14.3.8 CHILITAG TECHNOLOGY
14.3.9 DZ Card India
14.3.10 Thales
