ABI Research says the SIM card market has changed dramatically. Previous 2023 YoY growth expectations of 7.2% have now been reduced to 1.8% due to challenging macroeconomic trends. In 2022, 4.33 billion SIM cards will be shipped globally, down 8.5% YoY, as the semiconductor industry continues to be plagued by a range of impactful influences. COVID-19 challenges continue to linger, as do supply chain constraints.