eSIM Market Outline 2021: Industry Significant Growth, Opportunity and Top Manufaturetrs Analysis- infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Arm Limited, Truphone Limited

The term eSIM means embedded SIM card. In other words, eSIM is form of programmable SIM card that is embedded directly into a device. eSIM is a small chip that is used to authenticate user identity with his or her carrier. eSIM provides many advantages such as support multiple accounts, allow switching to various mobile network operators and also manages accounts by updating the software setting from user devices. eSIM finds its applications in smartphones, laptop, tablet, wearables, connected car, M2M, and many others. These factors are expected to drive the market growth during the forecast period.

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The global eSIM market is expected to witness significant growth during the forecast period (2020–2027) due to increasing demand from consumer electronics such as smartphones, tablets, and others. According to Coherent Market Insights, in China, the penetration of smartphones increased from 676.5 million in 2017 to 782.3 million in 2020. Furthermore, increasing disposable income in developed and emerging economies has led to higher spending on smartphone devices. According to the National Bureau of Statistics (NBS), China’s rural and urban per capita disposable income reached US$ 5,658.45 from US$ 2,107.2 in 2018. 

Key Players in the Global eSIMss Market:- Major players operating in the global eSIM market include Infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Thales Group, KORE Wireless, Arm Limited, Truphone Limited, Workz Group, Sierra Wireless, NXP Semiconductors, AT&T.

Global eSIMss Market Taxonomy:-
Global eSIM Market, By Application:
◦ Connected Cars
◦ Laptops
◦ M2M
◦ Smartphones
◦ Tablets
◦ Wearables
◦ Others
▪ Drones
▪ Smart Meters
▪ Smart Grids

• Global eSIM Market, By Vertical:
◦ Automotive
◦ Consumer Electronics
◦ Energy & Utilities
◦ Manufacturing
◦ Retail
◦ Transportation & Logistics

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Geographical Cover:-
• North America:U.S. and Canada
• Latin America:Brazil, Argentina, Mexico, and Rest of Latin America
• Europe:Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific:China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East and Africa:GCC Countries, South Africa, and Rest of Middle East and Africa

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