Market Snapshot:
GSM is global system for mobile communication that is utilized by telecom industry. GSM module describes the protocols for second-generation (2G) digital cellular networks. GSM network is specifically described digital & circuit-switched network that is more effective for full-duplex voice telephony. Wireless technology was incorporated in GSM to operate with several applications such as DTMF decoder, several network protocols, & jamming detection. These module is power-efficient & owing to its ultra-compact size the cost is also low. GSM module can be easily linked with GSM network to report, control & program. Subscriber identity module (SIM) can be moved from one system to another in GSM module system. Increasing adoption of wireless technology & voice clear quality is anticipated to fuel the growth of the global GSM module market.
Highlights from GSM Module Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The key Manufacturers profiled in the report are Huawei Technologies (China), Siemens (Germany), Sagem (France), Telit Communications (Italy), Wavecom (France), Quectel (China), Simcom (China), BenQ (China), Gemalto (Germany) and Sierra Wireless (Canada). Additionally, other players that are part of this comprehensive study are Telecom Design (France), fatek automation corp. (China) and MicroTonic (Sweden).
Geographic Breakdown and Segment Analysis
The Global GSM Module market presents a comprehensive analysis of the GSM Module market by product type (GPRS Module, EDGE Module, 3G Module, Pure SMS Module and Other), by end-user/application (Consumer Electronics, Automotive, Power Systems, Surveillance System and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global GSM Module industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the GSM Module market
Analyst at AMA have segmented the market study of Global GSM Module market by Type, Application and Region.
Influencing Trend:
Availability of technologically advanced and embedded GSM module and Increasing popularity due to ultra-compact size
Market Growth Drivers:
Increment in count of mobile users and Rapidly growing telecom industry
Challenges:
GMS was expected to be a safe remote framework
Restraints:
Data security concerns and Technical complexity in embedding compact size module
Opportunities:
Increasing purchase of SIM due to additional facilities like web browsing & data support facility and Adoption of wireless technology and demand for voice clear quality are increasing
Market Developments Activities:
In January 2023,DIC Corporation announced today that it acquired new shares of Green Science Materials, Inc. issued through a third-party allotment on January 13, 2023, to increase its capital. DIC’s stake in GSM now exceeds 50%, as a result of which the company has become a consolidated subsidiary.
In July 2021 Fibocom a global leading provider of cellular embedded wireless module solutions for the Internet of Things (IoT), announced the world-wide launch of LTE Cat 1 Module MC116. Supporting Windows, Linux and Android operating systems as well as GNSS, the Fibocom MC116 is a high-performance LTE Cat 1 module with a rich extension of interfaces, which is perfectly suitable for a variety of IoT applications
Regulatory Insights:
GSM standards are set by the European Telecommunications Standards Institute (ETSI) and this standards are followed worldwide.
Key strategies adopted by the market players around the globe include partnerships and agreements globally. Key players have been trying to extend global reach by expanding the distribution channels as well as entering into partnerships with key suppliers in many regions.
Key Target Audience
Manufacturer, Sub-component manufacturer, Channel partners, Industry Association, Governments and investment communities, Research organizations and associations and End user