e-SIM: Next Wireless Hit Powered By IoT | Major Players are Deutsche Telekom, Gemalto, Infineon Technologies, NXP Semiconductors, Sierra Wireless, STMicroelectronics, Vodafone, Giesecke & Devrient, Idemia,

The embedded SIM market is powered by different factors such as high adoption of IoT technology and favorable government regulation boosting machine-to-machine communication. To comply with these factors, automotive industry verticals are coming up with improvised concepts and novel product designs to meet customers demand to increase the efficiency of e-SIM, leaving a perpetual impact on the market.

According to a recent report published by Allied Market Research, titled,"Global Embedded SIM Market by Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global embedded SIM market was valued at $1,054.2 million in 2017 and is projected to reach at $6,886.2 million by 2025, growing at a CAGR of 30.7% from 2018 to 2025.

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The major players operating in the global e-SIM market are Deutsche Telekom AG, Gemalto NV, Infineon Technologies AG, NXP Semiconductors N.V., Sierra Wireless, STMicroelectronics, Vodafone, Giesecke & Devrient, Idemia, and NTT DOCOMO. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Furthermore, technological advancements among the various industry sectors and increased purchasing power of the residents contribute to the growth of the embedded SIM market in Europe. Moreover, rapid increase in sales of high-end cars promoted the growth of e-SIM in Europe, which drives the growth of this region.

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The embedded SIM offer multiple benefits such as improved experience with greater flexibility to customers. The current business scenario experiences an increase in the demand for automotive, particularly in the developing regions such as China, India, and others due to an increase in population and vehicle demand. Companies in this industry are adopting various innovative techniques such as mergers and acquisition to strengthen their business position in the competitive matrix.

The growth of e-SIM market in North America is attributed to the extensive adoption of IoT and cloud computing in the region. Intelligent devices such as autonomous car and connected automobiles and devices have greater penetration in this region, owing to an increase in the adoption of e-SIM, which is expected to propel the market growth.

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CHAPTER 6: EMBEDDED SIM MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by application
6.2.3. Market size and forecast, by industry vertical
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by application
6.2.4.1.3. Market size and forecast, by industry vertical

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by application
6.2.4.2.3. Market size and forecast, by industry vertical

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by application
6.2.4.3.2. Market size and forecast, by industry vertical

6.3. EUROPE

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by application
6.3.3. Market size and forecast, by industry vertical
6.3.4. Market analysis by country

6.3.4.1. U.K.

6.3.4.1.1. Market size and forecast, by application
6.3.4.1.3. Market size and forecast, by industry vertical

6.3.4.2. Germany

6.3.4.2.1. Market size and forecast, by application
6.3.4.2.3. Market size and forecast, by industry vertical

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by application
6.3.4.3.2. Market size and forecast, by industry vertical

6.3.4.4. Italy

6.3.4.4.1. Market size and forecast, by application
6.3.4.4.3. Market size and forecast, by industry vertical

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by application
6.3.4.5.3. Market size and forecast, by industry vertical

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by application
6.4.3. Market size and forecast, by industry vertical
6.4.4. Market analysis by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by application
6.4.4.1.3. Market size and forecast, by industry vertical

6.4.4.2. Japan

6.4.4.2.1. Market size and forecast, by application
6.4.4.2.3. Market size and forecast, by industry vertical

6.4.4.3. India

6.4.4.3.1. Market size and forecast, by application
6.4.4.3.3. Market size and forecast, by industry vertical

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast, by application
6.4.4.4.3. Market size and forecast, by industry vertical

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast, by application
6.4.4.5.3. Market size and forecast, by industry vertical

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by application
6.5.3. Market size and forecast, by industry vertical
6.5.4. Market analysis by country

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by application
6.5.4.1.3. Market size and forecast, by industry vertical

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by application
6.5.4.2.3. Market size and forecast, by industry vertical

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by application
6.5.4.3.3. Market size and forecast, by industry vertical

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