esim Market Research Report 2022: Global Size, Trends and Opportunities by 2027

IMARC Group's latest research report, titled "eSIM Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global eSIM market is expected to exhibit a CAGR of 21.41% during 2022-2027. An eSIM, or Embedded Universal Integrated Circuit Card (eUICC), is a universal integrated circuit card (UICC) in a generic form. In terms of functioning, it is similar to a normal SIM card, and it can be programmed by plugging the card into a modem or computer. It helps in the mass manufacture of Microsemi transistors and other embedded communication devices. It was created for the telecommunications sector, primarily for network-attached storage installations (NAS).

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Important Attribute and highlights of the Report:

Detailed analysis of the global market share
Market Segmentation by  type, solution, application and industry vertical.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for eSIM Market
Strategies of major players and product offerings

The global market is majorly driven by an increase in the number of M2M connections globally. In line with this, the rising number of IoT-connected devices in different end-use verticals, such as automotive, consumer electronics, and energy and utilities, is significantly contributing to the market. Moreover, the growing demand for the product in the automotive industry to enable trucks and cars with cellular connectivity unlock new capabilities and features is bolstering the market growth. Besides this, the advent of industry 4.0 has driven electronic manufacturers to integrate eSIM with M2M systems, thereby strengthening the market. Additionally, the increasing need for smart solutions is offering numerous opportunities for growth in the eSIM market worldwide.

Key Players Included in Global eSIM Market Research Report:

Apple Inc.
Arm Limited
AT&T Inc.
Deutsche Telekom AG
Giesecke+Devrient GmbH
IDEMIA
Infineon Technologies AG
NTT Docomo Inc. (Nippon Telegraph and Telephone Corporation)
NXP Semiconductors N.V.
Samsung Electronics Co. Ltd.
Sierra Wireless
STMicroelectronics
Telefónica S.A.
Thales Group and Vodafone Group Plc.

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COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Market Segmentation:

Breakup by Type:

Data-Only eSIM
Voice, SMS and Data eSIM
Breakup by Solution:

Hardware
Connectivity Services

Breakup by Application:

Connected Car
Smartphone and Tablet
Wearable Device
M2M
Others

Breakup by Industry Vertical:

Automotive
Consumer Electronics
Manufacturing
Telecommunication
Transportation and Logistics
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the eSIM Market Research Report:

Preface
Scope and Methodology
Executive Summary
Introduction
Global eSIM Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape

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This release was published on openPR.