Press release
eSIM Market Size, Upcoming Trends, Growth Rate(21.41%), Research Report and Forecast 2022-2027
eSIM Market
The global eSIM market is expected to exhibit a CAGR of 21.41% during 2022-2027. Embedded SIM (eSIM) refers to a programmable SIM card generally characterized by a small hardware chip that is used to activate a mobile plan, authenticate user identity and store data and multiple operator profiles on a device simultaneously. It offers numerous advantages, such as eliminating the need for specific slots, supporting various mobile carriers and easy activation. In comparison to traditional SIM cards, it enhances security, reliability, and network connectivity while eliminating the physical need for handling SIM cards. As a result, it finds its applications in smartphones, connected vehicles, tablets, laptops, and machine-to-machine (M2M) operations.
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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 the increasing adoption of IoT technology among the masses. This is supported by the rising utilization of eSIMs for connected vehicles in infotainment systems, such as vehicle telematics, assisted driving, and navigation systems. Apart from this, the widespread product adoption in M2M operations and applications, including smart meters and retail point of sale (POS) for wireless communication, is positively influencing the market. Moreover, the growing adoption of eSIM in smartphones and smart wearables due to its higher reliability, safety, and connectivity is creating a positive market outlook. Some of the other factors driving the market further include rapid urbanization, inflating disposable income levels of individuals and increasing product utilization in the energy and utility industry.
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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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