eSIM Market Size, Future Trends, Current Growth 2021, Emerging Technologies, Global Regions Forecast 2027 | STMicroelectronics, Deutsche Telekom AG, Thales Group

The global eSIM market was valued at US$ 8.3 Bn in 2019 and is expected to reach US$ 19.3 Bn by 2027 at a CAGR of 15.9% between 2020 and 2027.

E-SIM cards are widely regarded as the international standard for SIM cards. They are widely utilised by mobile phone users all over the world and are largely accepted as a standard. These cards may be obtained easily and inexpensively from any of the major mobile phone outlets, as well as through GSM providers. When it comes to regional influence, the eSIM market in North America appears to be gaining traction. This is due to the high number of network providers in the region, as well as quick technical improvements. Asia Pacific, on the other hand, is showing indications of improvement, thanks to increased use of IoT technology and increased demand for embedded connectivity vehicles in the region.

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The emphasis on remote SIM provisioning for M2M has increased significantly over the years. M2M refers to machine-to-machine direct communication between devices using any communication channel, which includes wired and wireless

Competitive Background -

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.

Market Driver -

The latest publication addressing huge changes in the business strategy of the eSIM market with a dynamic growth prospect is the Coherent Market Insights research study. This study covers a wide range of topics and is based on extensive research into the most recent market trends, development strategies, growth patterns, and regulatory laws. The eSIM market report begins with a collection of data and information on technological advancements in the industry, market trends, innovation, and the development capacities of global main players.

Market Segmentation -

By Application: Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables,
Others (Drones, Smart Meters, Smart Grids)

By Vertical: Automotive, Consumer Electronics, Energy & Utilities, Manufacturing
Retail, Transportation & Logistics

Regional Analysis -

North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa are the regions in which the eSIM market is divided. From manufacturing and customer shares to market size and market share, import and export ratios, supply and demand, consumer demand ratios, technological advancements, R&D, organization growth, economic growth, and a strong market presence in every region, the research covers everything. The research includes a full analysis of each major regional market around the world, as well as forecasts for the future.

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Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has infected people in a number of countries, prompting governments to impose a nationwide lockdown to prevent the sickness from spreading. The pandemic has also hampered the growth of the eSIM sector. The COVID-19 pandemic is likely to have an influence on the market for electronics equipment, including consumer and industrial electronics. China is a key source of raw materials used in the production of electrical devices and finished goods.

Methodology of Study

The accurate information in the eSIM market research is supplied in the shape of diagrams and pie graphs for the convenience of readers. The overall presentation of the report is interesting, with a basic structure, arrangements, and specific data based on reassurance and awareness. Administrators, major actors on the lookout, topographical division, product type and depiction, and market end-customer applications were all analysed by the investigation team. For each segment and region, it calculates transaction revenues. The report's goal is to give a more complete view of the current situation, the economic slump, and COVID-19's impact on the overall business.

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Purchase for the following reasons:

· To get in-depth market analysis and a deep knowledge of the global market and its commercial landscape.
· To reduce the risk of development, evaluate the production processes, significant issues, and solution.
· Understand the most important driving and restraining forces in the market, as well as their impact on the worldwide market.
· Learn how the most successful organizations in their areas implement business strategy.
· To gain a better understanding of the market's perspective and possibilities.
· In addition to the usual structural studies, we may do custom research to meet your specific needs.

Key Objectives of Market Research Report

· The study includes a Porter's Five Forces analysis to assist business investors in determining the capabilities of customers and suppliers to make strategic decisions.
· The study examines the major players in the global market in depth and sheds light on their strategies
· The study examines the potential of the eSIM market in main regions, as well as revenue contribution.
· The study examines current market trends, market size, and market predictions in great detail.

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Coherent Market Insights -

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.