Embedded SIM Market Will Increase Demand, Statistics, Growth Rate In Forecast By 2027

The global Embedded SIM (eSIM) Market is forecasted to be worth USD 3019.1 Million by 2027, according to a current analysis by Emergen Research. The embedded sim (eSIM) market is forecasted to grow exponentially over the forecast timeframe owing to the growing adoption of IoT connected devices in manufacturing. The rising implementation of smart solutions across the globe is expected to further propel the market growth. Furthermore, the growing government initiatives to implement electric vehicle is expected to augment the market growth as eSIM has several advanced functionalities in electric vehicles.

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The research report offers insightful data about both organic and inorganic approaches undertaken by the players in the global Embedded SIM market. The major companies are working towards fortifying their presence in the market through a series of strategic alliances, product innovations, product launches, and other fruitful business plans. The global Embedded SIM market report provides extensive coverage of the business deals, collaborations, mergers and acquisitions, joint ventures, partnerships, and government deals. The prominent players of the global Embedded SIM market are expected to contribute significantly to the revenue generation owing to increasing demand for the Embedded SIM products in the industry.

Prominent Players Profiled in the Embedded SIM Market:

KORE Wireless Group Inc., Giesecke+Devrient Mobile Security GmbH, Arm Limited, Gemalto NV, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V., Deutsche Telekom AG, Sierra Wireless Inc., and Vodafone Group Plc among others.

Key Highlights From The Report

• In February 2018, NXP Semiconductors N.V. launched an innovative eSIM solution, SN100U. The most advanced "all-in-one" chipset in the world, incorporating NFC, Secure Element, and eSIM, and the 40 nm Secure element of SU070, provides digital wallet protection and eSIM solutions. With the introduction of this solution, NXP will strengthen its position globally.
• Over the forecast timeframe, the connectivity service segment is anticipated to dominate the market with a CAGR of 30.2%, as connectivity services include services to mobile network operators to ensure stable and efficient end-user network connection.
• The consumer electronics segment is anticipated to hold the largest market owing to the wide use of eSIM due to its enhanced protection and connectivity, and greater reliability.
• Due to the rapid implementation of smart grids and other advanced technologies, North America is anticipated to hold the largest market over the forecast period. Due to the presence of a major market player in Europe is projected to experience substantial growth over the forecast period.

Market Segmentation:

Emergen Research has segmented the global Embedded SIM (eSIM) Market on the basis of solution, application, end-use, and region:

• Solution Outlook (Revenue, USD Million; 2017-2027)
o Hardware
o Connectivity Services
• Application Outlook (Revenue, USD Million; 2017-2027)
o Smartphones
o Laptops
o Wearables
o Connected Cars
o Machine to Machine
o Others
• End-Use Outlook (Revenue, USD Million; 2017-2027)
o Energy & Utilities
o Automotive
o Retail
o Manufacturing
o Transportation & Logistics
o Consumer Electronics

Regional Analysis:

The report provides an investigation of the global market in various geographical regions. The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report covers a detailed examination of the market scenarios and trends on a regional and global level.
Key geographical regions analyzed in the report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The report presents a holistic overview of the market in terms of market size, market share, regional analysis, regulatory framework, technological developments, product advancements, factors influencing the market growth, and impact analysis of the drivers and restraints. It offers an analysis of the factors having the potential to affect the dynamics of the demand and supply, along with current and emerging trends. These assessed key elements offer accurate insights into the market for the forecast period of 2020-2027.

Summary of the Global Embedded SIM Report:

• Comprehensive analysis of the market including risks and opportunities
• Details of business strategies and plans undertaken by key market players
• Analysis of current and future trends that will affect the growth of the market in the forecast timeline
• In-depth analysis of drivers and constraints for better understanding of the market
• The report encompasses a detailed forecast for the years 2020-2027.
• The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.

Table of Content

Chapter 1. Methodology & Solutions
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Solutions
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Solutions
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Embedded SIM (eSIM) Segmentation & Impact Analysis
4.1. Embedded SIM (eSIM) Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The increasing number of IoT connected devices
4.2.2.2. The rising government initiatives for the promotion of electric vehicles
4.2.3. Market restraints analysis
4.2.3.1. Lack of Standardization
4.2.3.2. High cost compared to conventional SIM
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Embedded SIM (eSIM) By Solution Insights & Trends, Revenue (USD Million)
5.1. Solution Dynamics & Market Share, 2019 & 2027
5.1.1. Hardware
5.1.2. Connectivity Services

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