Press release
eSIM Market Insights 2022: Trends, Size, CAGR, Growth Analysis by 2029
eSIM Market Analysis and SizeWith the constant evolution of smart connected devices in every industry vertical, there is an increasing demand for centralized manageable network-connected devices. Remote connectivity is becoming increasingly important for device management. The number of smart device manufacturers is rapidly increasing to meet this demand. eSIMs are becoming increasingly popular because they enable users to remotely manage all connected devices, such as cars, mobile phones, wearables, and medical devices. Due to their 'Machine to Machine' capabilities and remote provisioning, eSIMs are becoming increasingly popular among smart device manufacturers.
Data Bridge Market Research analyses that the eSIM market which was growing at a value of 10.77 billion in 2021 and is expected to reach the value of USD 34.82 billion by 2029, at a CAGR of 15.80% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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