The Global Market for Dual SIM Smartphones is Projected to Exceed 700 Million Units by 2020

Rise in Multiple Mobile Subscriptions Per Person Drives Demand for Dual SIM Smartphones, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Dual SIM Smartphones market. The global market for Dual SIM Smartphones is projected to exceed 700 million units by 2020, driven by growing mobile subscription per capita and launch of smartphone models offering enhanced savings, portability, flexibility, and functionality.

Defined as a mobile phone capable of holding two Subscriber Identity Modules (SIM) cards, dual-SIM smartphones were initially launched in the low-end, feature phone market segment. Combining the functionalities of mobile phones with the computing ability of PDAs and laptops and the added benefit of an extra SIM card, dual-SIM smartphones have struck the right chord among people in all walks of life, be it a student or a working professional, particularly in the cost conscious and volume driven developing countries. With the evolution and rapid penetration of smartphones, and the unrivalled levels of convenience offered gaining in popularity even among high end mobile phone users, the market today is replete with premium and expensive dual-SIM models running on the Android platform. Superior attributes of dual-SIM smartphones over other smartphones that is driving its steady adoption, particularly in the developing countries, include the ability to not employ a permanent number for making costly outgoing calls that can be made using any temporary number in the extra SIM slot when roaming; and the facility of receiving calls on both the SIMs even if one of the SIMs is busy. Other benefits include the option to select a second network that is within the range in absence of proper coverage for the first; enabling users to avail services from different service providers on requirement basis; and the luxury of allotting one number for personal calls, while the other could be used for work.

Healthy growth is projected for the market in the coming years driven by falling handset prices, cheaper mobile voice/data services, proliferation of mobile network technologies such as 3G, 4G (LTE, WiMAX), and the advent of dual-SIM Phablets with a screen size as big as a tablet for compelling media and gaming experience. Launch of technically advanced models with enhanced speed, screen resolution, multimedia functionality, and high speed data processing capabilities represent another important factor benefiting market expansion. Few of the many innovative and advanced features offered by recently launched dual-SIM smartphones that are poised to drive market adoption in the near term include fingerprint reader, Eyeprint ID, dual-band Wi-Fi 802.11 a/b/g/n/ac, USB Type-C, OneKey Power Saver, Rocket Charge, and aluminum body with Gorilla Glass 3 display screen, among others.

As stated by the new market research report on Dual SIM Smartphones, Asia-Pacific represents the largest worldwide. Steady launch of premium as well as low-cost Android based devices; growing consumer inclination towards dual-SIM smartphone as opposed to single SIM models; large mobile subscriber base; and rising 3G/3.5/4.0G penetrations represent key growth drivers in the region. China and India, the two most populous countries with large sections of middle-class consumers, continue to represent major markets for premium as well as low-cost dual-SIM smartphones. The Middle East & Africa represent the fastest growing regional market worldwide with a CAGR of 14.2% over the analysis period.

Key players covered in the report include Asustek Computer Inc., Coolpad, Gionee Communication Equipment Co., Ltd., HTC Corporation, Huawei Technologies Co., Ltd., Lenovo, Motorola Mobility LLC, LG Electronics, Inc., Micromax Informatics Limited, Microsoft Corporation, Meizu Telecom Equipment Co., Ltd., OPPO Electronics Corp., Sony Mobile Communications Inc., Samsung Electronics Co. Ltd., Spice Mobility Ltd., TCL Communication, vivo Electronics Corp., Xiaomi, and ZTE Corporation, among others.

The research report titled “Dual SIM Smartphones: A Global Strategic Business Report”, announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, growth drivers, issues, challenges, and product launches of major market participants. The report provides market estimates and projections in units for all major geographic markets including the United States, Canada, Japan, Europe, Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East & Africa, and Latin America.

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