chip shortages — Industry Insights, Data, and Solutions For Business Leaders

ABI Research Finds Smart Credentials Shipments Will Return to Pre-Pandemic Level of 596 Million Units in 2022

According to ABI Research, shipments of smart credentials will return to a pre-pandemic level of 596 million units in 2022, followed by significant growth year-on-year to a forecasted 766-million-unit shipments in 2026. ePassport shipments will rebound to 176 million in 2024, driven by the restored appetite for passport renewal as travel restrictions ease.

TechnologyGuest UserMarch 29, 2022smart credential shipments, chip shortages, SIM

ABI Research Finds The Chip Shortage Forecast to Significantly Constrain SIM Cards Market through 2022

As a byproduct of COVID, the chip shortage impact made itself known in 2021. For the SIM cards market, this impact is forecast to be significant on the removable SIM card form-factor. According to ABI Research, removeable SIM card shipments will decline from 4.36 billion in 2021 to 3.93 billion in 2022.

TechnologyGuest UserMarch 3, 2022SIM Card, chip shortages

Up to 1 Billion Payment Cards at Risk of Not Being Issued as Chip Shortage Impact Looms Over the Payment Cards Industry

Driven by significant chip shortages, up to 1 billion payment cards are at risk of not being issued over an 18-month timeframe, with 347 million at risk in 2021 and up to 740 million in 2022. Supply cannot currently keep up with increasing demand and the payment cards industry is by no means immune from this situation.