Press release
eSIM Market Expected to Reach US$ 980 Million by 2025 By Planet Market Reports
Industry Outlook
The expression "eSIM" just means the embedded SIM card. No physical SIM cards are included and there is no physical swapping over needed to be done. These SIMs should be upheld by the carrier or network and empowered by them, so for the latest iPhone XS, XR, or the XS Max it is essential to have to pick the system that is compatible for eSIM for the support of second SIM. These SIMs are generally the little chip inside the telephone and that works correspondingly to the NFC chip inside the telephone. Therefore, the eSIM Market is anticipated to expand and has tremendous scope during the forecast period. The global eSIM Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers and Restrains
On the basis of Type the market is segmented into Wearables, Connected Cars, Tablets, Laptops, M2M, Smartphones and Other Applications. The M2M section is leading the market owing to rising utilization of the internet services, increasing demand and adoption of the IoT technology in various verticals like consumer electronics, automotive, manufacturing, transportation and logistics, etc. and various other factors.
On the basis of Application the market is segmented into Telecommunication, Transportation and Logistics, Automotive, Retail, Consumer Electronics, Manufacturing and Energy and Utilities. The Telecommunication section is leading the market owing to the increasing development taking place in the technologies related, etc.
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Regional Insights
The European region is leading the global eSIM Market pursued by the North American region owing to factor like; rising demand and focus on the digitization and linking of the services and products, increasing research and development activities related to semiconductor technologies and other factors.
eSIM Market,
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
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Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Telefónica, S.A.
Deutsche Telekom AG
STMicroelectronics
Singapore Telecommunications Limited
Gemalto NV
Giesecke and Devrient GmbH
Sierra Wireless, Inc.
Infineon Technologies AG
NXP Semiconductors N.V.
NTT DOCOMO, INC.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
To Browse Similar Reports @ https://www.planetmarketreports.com/category/semiconductor-and-electronics
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We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.
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