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E-Sim will Replace Traditional SIM Cards within Five years

04-06-2018 03:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xpodence Research

E-Sim will Replace Traditional SIM Cards within Five years

E-SIM card or Embedded Subscriber Identity Module Card is the upgraded version of conventional SIM card which is compatible with all major carriers regardless the type of network. These SIM cards are integrated in the devices which is rewritable and compliant by all operators. The technology is physically integrated into the device during manufacturing process and supports isolated provisioning in such a way that the SIM cannot easily be removed from the device and replaced with another SIM.

The e-SIM is already a mainstream technology in the cellular machine to machine (M2M) market. However, the technology will benefits the consumers and will create opportunities and challenges for operators, IoT device manufacturers, Original Equipment Manufacturers (OEMs), SIM vendors, and service providers across various industries.

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With the implementation of the technology, manufacturers are not required to accommodate a SIM card slot creating further flexibility in terms of deign. For instance, Apple Inc. chose e-SIM technology to employ in Apple Watch 3, shrinking the size without sacrificing battery. The technology will also benefit the international travellers in swapping the SIMs, and services in order to stay connected. Although; universal adoption of e-SIM has to be approved by all major carriers and Apple & Google’s Pixel 2 are the only carriers of the technology, paving hurdle for the industry growth.

The global market is rising progressively owing to several advantages of E-SIM card over conventional SIM cards in terms of standardization of technical specifications, compact design, reduced operational costs and logistics. Furthermore, ease of switching service providers in real time and, vast growth opportunities in rising application in automotive sector is also anticipated to enhance the growth over the forecast period. However, conceivable resistance shown by service providers towards the adoption, as e-SIM cards eliminates consumer’s visit to the physical stores of mobile network operators (MNOs) may hinder the market.

Based on application, the E-SIM card industry is segmented into wearable & companion devices, Machine to Machine (M2M), smartphones, tablets & laptops. Machine to Machine segment is further segregated to connected cars, utilities and others. Connected cars segment under M2M, contributed leading revenue generation for rising implementation in automotive industry for weather information and infotainment.

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Europe region is projected to contribute majorly in revenue generation globally owing to favorable government initiatives for the employment of “Industry 4.0” technology & solutions. North America market is expected to witness gradual growth owing to home to key players as well as rise in technological adoption of e-SIM cards in M2M devices. China, Japan, South Africa and Brazil are few other countries which are projected to witness growth over the forecast period. Key industry players are Apple Inc., Deutsche Telekom AG, Gemalto N.V., Samsung, NTT DOCOMO Inc., Sierra Wireless Inc., OT-Morpho, Giesecke & Devrient GmbH, Telefonica S.A., and ST Microelectronics.

About Us-

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

Contact Us-

Xpodence Research
USA Office
244 , Madison Avenue
New York City, NY - 10016
United States
Toll Free +1- 844-445-2861
Email-sales@xpodenceresearch.com

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