Press release
Embedded SIM (eSIM) Market 2021 : Future Growth Prospect, Industry Share And Growing Demand Analysis Till 2026
The Embedded SIM (eSIM) Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Embedded SIM (eSIM) market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Embedded SIM (eSIM) market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Embedded SIM (eSIM) market.The Embedded SIM (eSIM) Market is expected to register a CAGR of 15.47% over the forecast period from 2021 to 2026.
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Top Leading Companies of Embedded SIM (eSIM) Market are - Gemalto N.V. (Thales Group), Giesecke+Devrient GmbH, STMicroelectronics N.V., Infineon Technologies AG, Valid S.A., Idemia (Advent International Corp), Workz Group, Truphone Limited, Gigsky, Inc., ARM Limited and others.
Industry News and Updates:
- May 2020 - Thales has deployed a public cloud version of its embedded SIM (eSIM) remote subscription platform on Google Cloud to help telcos manage the increase of mobile subscriptions for eSIM-capable devices. As part of the deployment, the platform is GSMA-certified, will be accessible by telcos on Google Cloud in more than 200 countries and territories.
- March 2020 - STMicroelectronics and Truphone collaborated to launch a full-stack embedded SIM (eSIM) infrastructure solution compliant with GSMA M2M standards. S.T. provides its ST4SIM-200A/M, a GSMA-certified SOC solution with eSIM software and industrial and automotive-qualified secure hardware, while Truphone provides its seamless connectivity and remote SIM provisioning (RSP) capabilities.
Key Market Trends:
Smartphone is Expected to Witness Significant Growth
- As smartphone manufacturers continuously strive to make smaller, slimmer, and lighter devices with more features, space is at an absolute premium. The size of the Nano SIM card is about 12.30 mm in length and 8.80 mm wide. It also takes additional space associated with internal hardware and circuitry that needs to be accommodated. For many years, manufactures have had to design and adjust the physical SIM card via SIM card trays or other internal slots. The need for more durable and waterproof phones is expected to drive the removal of the physical SIM tray will drive the adoption of eSIM on smartphones. Remote Provisioning capabilities within the eSIM standard is expected to provide users with enhanced customer experience for activating and managing the phones.
- Samsung's inclusion of eSIM technology in its S20 range of devices is expected to positively impact the adoption of eSIM in smartphones, which was previously confined to limited brands such as Apple and Google. In August 2020, NXP Semiconductors N.V. announced that NXP's embedded SIM (eSIM), Secure Ultra-Wideband (UWB) fine-ranging solution, as well as Secure Element (S.E.) and Near Field Communication (NFC) unit, are deployed in Samsung's new Galaxy Note20 Ultra. Unlike the physical SIM cards that must be removed and replaced in new devices, NXP's GSMA-compliant eSIM solution is integrated into a device, making remote SIM provisioning significantly easier and providing over-the-air SIM updates. The eSIM functionality comes with all Samsung Galaxy Note20 Ultra devices, excluding Japan, China, and Korea.
North America is Expected to Hold Significant Share
- North American region is expected to hold significant share as it is the first region that rolled out the support for eSIM, and major carriers in the region provide the eSIM service. In the United States, AT&T, T-Mobile, Truphone, Ubigi, and Verizon Wireless offers the support of eSIM functionality, whereas, in Canada, Bell, Freedom, Fido, Koodo, Lucky Mobile, Rogers, Telus, and Virgin provide the support. In January 2020, Telus and its sub-brand Koodo announced the support eSIM in Canada. The supported list of phones includes the iPhone 11 series and XS series, Google Pixel 3a and 4 series, Motorola Razr and Samsung Galaxy Fold. Among other devices such as smartwatches, laptops, and tables, the Samsung Galaxy Watch Series, Apple iPad Pro 11-inch, Surface Pro X supports the eSIM functionality offered by Telus and Koodo.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Embedded SIM (eSIM) Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Embedded SIM (eSIM) Market (%),2016 - 2026
- Embedded SIM (eSIM) Market Share, By Brand
- Embedded SIM (eSIM) Market Share, By Company
- Embedded SIM (eSIM) Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Embedded SIM (eSIM) Market Value Analysis & Forecast
- Promising Embedded SIM (eSIM) Development by Major Companies
- Detailed Embedded SIM (eSIM) Portfolio of the Major Companies
- Major Deals in the Embedded SIM (eSIM) Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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