According to a market report by Lucintel, the future of the global IoT SIM card market looks promising with opportunities in the wearable device, smart home device, automobile, industrial equipment, medical equipment, and logistic markets. The global IoT SIM card market is expected to grow with a CAGR of 13.8% from 2025 to 2031. The major drivers for this market are the increasing demand for connected device integration, the rising need for seamless IoT connectivity, and the growing adoption of remote monitoring solutions.A more than 150-page report to understand trends, opportunity and forecast in IoT SIM card market to 2031 by type (full-size, mini-SIM, micro-SIM, nano-SIM, and embedded SIM), application (wearable device, smart home device, automobile, industrial equipment, medical equipment, logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, embedded SIM is expected to witness the highest growth over the forecast period.
Within the application category, wearable device is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Freeeways, Simbase, Velos IoT, emnify, Twilio, Hologram, 1NCE, Truphone, Telekom, Caburn Telecom are the major suppliers in the IoT SIM card market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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