Global E-SIM Card Market Precise Study on Factors, Market Drivers and Key Players Strategies Analyzed Till 2025

Market Research Reports Search Engine (MRRSE) has been acting as an impressive data source when it comes to evaluating various industrial verticals. The research report titled “E-SIM Card Market” offers a clear insight about the E-SIM Card assessed over the global platform. This analysis proves beneficial for readers & new investors who are aiming to enter the market for E-SIM Card in the near future.

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The global market for E-SIM card is envisioned to witness the entry of several new players, thereby intensifying the level of competition in the near future, observes a recent report. Some of the leading companies in the market are Telefonica S.A., Gemalto N.V., Apple Inc., Samsung, NTT DOCOMO Inc., Sierra Wireless Inc., ST Microelectronics, Giesecke & Devrient GmbH, Deutsche Telekom AG, and OT-Morpho.

The report states that the global E-SIM card market will exhibit an impressive CAGR of 13.5%, rising from a valuation of US$4,095.6 mn in 2016 to an opportunity of US$14,613.1 mn by 2025.

Europe Market Accounts for Dominant Share in Global Market

In terms of application, the segment of machine to machine led the global E-SIM market in terms of revenue contribution to the global market in 2016. While the segment is expected to retain its dominance over the forecast period as well, the segment of smartphones is projected to gather pace and account for a significant share of the overall market post 2019. The smartphone application segment is envisaged to exhibit a robust 26.3% CAGR from 2019 to 2025.

From a geographical standpoint, the E-SIM market in Europe accounted for the dominant share in the global market in 2016, with the North America market following, in terms of revenue contribution. The leading position of Europe in the global E-SIM market can be attributed to favorable government policies that have led to the swift uptake of automation and data exchange in manufacturing technologies.

Ease of Switching Mobile Network Operators in Real Time to Fuel Demand

A number of factors are contributing to the growth of the global E-SIM market, including the ability of E-SIMs to switch between network providers in real time Over the Air (OTA). This facility allows users to change their network providers at ease, thereby preventing consumers from incurring international roaming charges. This facility comes in handy especially when used in connected cars and smart meters where it helps reduce significant operational and logistics costs.

Other factors fueling the growth of the global E-SIM market include the standardized set of technical specifications for the E-SIM technology, which offers better security than conventional SIM cards. The technology has been standardized by Groupe Speciale Mobile Association and covers over 800 mobile operators across the globe. Moreover, the compact design of E-SIM proves beneficial for OEMs who can use the saved space to provide additional storage or increase the size of the battery in devices such as tablets and smartphones.

Automotive Industry to Provide Vast Growth Opportunities

The rising adoption of E-SIM in the automotive sector and in consumer electronics devices is one of the key growth opportunities in the global E-SIM market presently. The applications of E-SIMs in advanced vehicles are already vast and could grow with time. As a result, the automotive sector is expected to emerge as one of the most promising areas of application areas of E-SIM in the next few years, providing vendors in the market massive growth opportunities.

However, one of the key challenges faced by the market is the plausible resistance shown by MNOs towards the adoption of E-SIM as it eliminates the need for the consumer to visit the physical stores of network providers. This has the capacity of enhancing consumer’s bargaining power in a way, adds one of the authors of the study.

The report provides the competitive landscape for the E-SIM Card market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players in the market for the year 2016. The E-SIM Card market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. This section also identifies and includes various recent developments carried out by the leading players. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in this market. 

Apple Inc., Samsung, Gemalto NV, Giesecke & Devrient GmbH, NTT DOCOMO, INC., OT-Morpho, Telefónica S.A., Deutsche Telekom AG, Sierra Wireless, Inc. and STMicroelectronics are few of the key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, and other such strategic information pertaining to these players has been duly provided as part of company profiling.

For Complete Report with Table of Content Visit @ https://www.mrrse.com/e-sim-card-market

The E-SIM Card market has been segmented as below:

The E-SIM Card Market, By Application

Machine to Machine (M2M)
Connected Cars
Utility
Others
Wearable & Companion Devices
Smartphones
Tablets & Laptops

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