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GSM Module Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

12-09-2016 02:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ZMR

GSM Module Market: Global Industry Analysis, Size, Share,

GSM stands for global system for mobile communications whose standards are set by the European Telecommunications Standards Institute (ETSI). Originally, this is the Groupe Spéciale Mobile used by the 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. 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 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, GSM module is easily linked with GSM network to report, control, and program. Moreover, in GSM module, subscriber identity module (SIM) can be moved from one another.

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Factors such as web browsing, additional features, and data support facility 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 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 high security from hacking which is alternate to analog cellular and Wi-Fi. This, in turn, is expected to increase the demand of the GSM module in the future. Complex soft hand-off support, less number of consumers operating per channel, and lower data security are some of the restraining factors for growth of the global GSM module market.

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

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 of GSM module. On the other hand, North America is anticipated to lag behind in the GSM module market.

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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
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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