e-SIM Market Size is Projected to Reach at $6,886.2 million by 2025, Growing at a CAGR of 30.7%

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.

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.

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Key Benefits for Embedded Subscriber Identity Module (e-SIM) Market :

o This study comprises an analytical depiction of the global e-SIM market with current trends and future estimations to depict the imminent investment pockets.

o The overall market potential is determined to understand the lucrative trends to gain a stronger foothold in the global e-SIM industry.

o The report includes information related to key drivers, restraints, and opportunities with a detailed impact analysis.

o The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the global e-SIM market.

o Porters five forces analysis illustrates the potency of the buyers and suppliers in this global market.

The e-SIM is a smart device that assists in changing the operator by updating the software settings. The current business scenario witnesses an increase in demand for automotive, particularly in the developing regions such as China, India, and others due to an increase in population and vehicle demand. The embedded SIM deliver multiple benefits to the customers such as improved experience with greater flexibility. Factors such as increase in adoption of IoT technology, rise in adoption of connected devices, and favorable government regulations boosting machine-to-machine communications drive the growth of e-SIM market globally.

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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. 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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MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2017)
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increasing adoption of IoT technology
3.5.1.2. Increase in adoption of connected devices
3.5.1.3. Favorable government regulation boosting machine-to-machine communication

3.5.2. Restraint

3.5.2.1. Rising privacy and security concern

3.5.3. Opportunities

3.5.3.1. Increased adoption of wearable electronics
3.5.3.2. Increase in mobile computing devices

https://www.whatech.com/market-research/telecommunications/643600-e-sim-market-increase-in-adoption-of-iot-devices-and-rise-in-m2m-communications-drive-the-growth

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