Press release
ESIM Market (2023-2032) Industry Trends, Share, Size, Growth, Opportunity, And Forecast
ESIM Global Market
ESIM Market Size, Growth Rate, And Forecast
The global eSIM market size is expected to grow from $8.51 billion in 2022 to $9.73 billion in 2023 at a compound annual growth rate (CAGR) of 14.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global eSIM market size is expected to reach $15.89 billion in 2027 at a CAGR of 13.1%.
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ESIM Market Drivers
The increasing penetration of smartphones is significantly contributing to the growth of the eSIM market going forward. A smartphone refers to a mobile phone with highly advanced functions. eSIMs are built into consumer devices such as smartphones, allowing the user to re-program sim contents such as the international mobile subscriber identifier (IMSI) and network carrier profiles via software, eliminating the requirement for SIM card replacement.
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ESIM Market Segments
1) By Solution: Hardware, Connectivity Services
2) By Application: Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables, Other Applications
3) By Vertical: Automotive, Consumer Electronics, Energy And Utilities, Manufacturing, Retail, Transportation And Logistics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the ESIM market.
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ESIM Market Key Players
Major competitors in the ESIM market include Infineon Technologies AG, NXP Semiconductors N.V., STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Gemalto NV, ARM Holdings
The Table Of Content For The ESIM Market Include:
1. Executive Summary
2. eSIM Market Characteristics
3. eSIM Market Trends And Strategies
4. eSIM Market - Macro Economic Scenario
5. eSIM Market Size And Growth
……
27. eSIM Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The eSIM Market
29. eSIM Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global ESIM Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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