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eSIM Subscription Market to Achieve a USD 6359.64 Million valuation by 2030

12-06-2024 01:21 PM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

eSIM Subscription Market

eSIM Subscription Market

The ๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at USD 896.42 Million in 2023 and is expected to reach USD 6359.64 Million by 2030, exhibiting a CAGR of 32.3% during the forecast period (2024-2030)

๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The eSIM (embedded SIM) subscription market is transforming the way mobile connectivity operates by enabling seamless and remote management of devices. It eliminates the need for physical SIM cards, allowing multiple profiles to be stored on a single device and enabling users to switch operators with ease. This technology is widely used in consumer electronics like smartphones, tablets, wearables, and smart home devices, as well as in automotive and IoT applications. Offering enhanced security, flexibility, and improved connectivity, eSIM technology is gaining traction across various industries, driving significant market growth.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/171583/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The eSIM subscription market is propelled by increasing demand for connected devices and advancements in mobile technology. The growing adoption of IoT in industries such as automotive, healthcare, and smart cities necessitates reliable and efficient connectivity, which eSIM provides. Additionally, the rollout of 5G technology is amplifying the need for eSIM solutions due to their ability to enhance data speeds and reduce latency. The convenience of remote management and the push for sustainable, plastic-free alternatives to physical SIM cards also serve as major growth drivers.

๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The eSIM subscription market is witnessing rapid growth due to several emerging trends. The integration of eSIM technology with 5G networks is enhancing device connectivity and enabling faster data transmission with minimal latency. Consumer demand for compact, multi-functional devices is driving the adoption of eSIMs in wearables and other smart gadgets. Moreover, the automotive sector is leveraging eSIM for connected car systems, offering improved navigation, telematics, and entertainment features. These trends are shaping the market by fostering innovation and expanding the use cases of eSIM technology.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/171583/

๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The eSIM subscription market presents numerous opportunities, especially with the increasing adoption of IoT and connected devices. Industries like healthcare, agriculture, and transportation are exploring eSIM integration to improve operational efficiency and connectivity. Emerging markets with developing telecom infrastructure represent untapped potential for eSIM providers. Additionally, the growing emphasis on sustainability is creating opportunities for eSIM solutions to replace traditional SIM cards, reducing environmental impact. The evolution of 5G networks and advancements in consumer electronics further pave the way for new business models and enhanced customer experiences.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐€ ๐‡๐ฎ๐› ๐Ÿ๐จ๐ซ ๐ž๐’๐ˆ๐Œ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง
Singapore remains a leading force in the eSIM subscription market. The city-state's advanced digital infrastructure, high smartphone penetration, and strong telecom industry have fostered the rapid adoption of eSIM solutions.

In recent months, Singapore's top telecom operators have entered into strategic partnerships with international tech companies to launch eSIM-enabled services, further positioning Singapore as a hub for connectivity innovation.

๐‰๐š๐ฉ๐š๐ง ๐š๐ง๐ ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐’๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก๐ž๐ง๐ข๐ง๐  ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ž๐’๐ˆ๐Œ ๐„๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ
Japan and South Korea are driving the eSIM revolution in Asia. Japan's mobile operators, including SoftBank and NTT Docomo, have led the way in offering eSIM-enabled smartphones and IoT solutions. These efforts are aligned with the country's broader push toward a more sustainable, smart city infrastructure.

South Korea's tech-heavy economy, coupled with its focus on 5G networks, makes it an ideal market for eSIM growth. The country's telecom giants are accelerating the adoption of eSIM technology, focusing on both consumer and industrial applications.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐š๐ง๐ ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ, ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ, ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐Œ&๐€๐ฌ ๐š๐ง๐ ๐๐ž๐ฐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ง๐ญ๐ซ๐š๐ง๐ญ๐ฌ
In Europe, mergers and acquisitions are fueling the growth of the eSIM subscription market. The region's telecom industry has seen several high-profile deals, with major operators consolidating to enhance their market positioning and streamline eSIM-enabled service offerings.

The growing demand for eSIM solutions in the automotive, wearables, and IoT sectors has made Europe a key region for eSIM technology. Telecom leaders are entering strategic partnerships with device manufacturers to ensure the widespread adoption of eSIM in the coming years.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐„๐ฑ๐ฉ๐š๐ง๐๐ข๐ง๐  ๐†๐ฅ๐จ๐›๐š๐ฅ ๐‘๐ž๐š๐œ๐ก
In the United States, the eSIM subscription market is benefiting from a combination of M&A activity and increased demand for mobile services. Telecom companies in the U.S. are pursuing acquisitions to strengthen their portfolio and expand into new markets.

The U.S. market is also a key area for innovation in eSIM solutions, with tech companies introducing advanced, scalable eSIM platforms to meet the needs of consumers and businesses alike. As a result, the U.S. remains at the forefront of eSIM adoption globally.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: https://www.maximizemarketresearch.com/request-sample/171583/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ:

By Solution

Hardware
Connectivity Services
Others

by Application

Connected Cars
Laptops
M2M
Smartphones
Tablets
Wearables
Others (Drones, Smart Meters, Smart Grids)s, Smart Grids)

by End User

Automotive
Consumer Electronics
Energy & Utilities
Manufacturing
Retail
Transportation & Logistics
Others

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/esim-subscription-market-global-market/171583/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐ž๐’๐ˆ๐Œ ๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. ARM Holdings (UK)
2. Deutsche Telekom AG (Germany)
3. Gemalto NV (Netherlands)
4. Giesecke+Devrient Mobile Security GmbH (Germany)
5. Infineon Technologies AG.(Germany)
6.Kigen (UK)
7. NXP Semiconductor (Netherlands)
8. oasis smart SIM (France)
9. STMicroelectronics (Switzerland)
10. Sierra Wireless Inc (Canada)
11. Thales(France)
12. truphone (UK)
13. Workz Group (UAE)
14. Other

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Global Automotive Interiors Market https://www.maximizemarketresearch.com/market-report/global-automotive-interiors-market/24578/

โ™ฆ Global Nanotechnology Drug Delivery Market https://www.maximizemarketresearch.com/market-report/global-nanotechnology-drug-delivery-market/39035/

โ™ฆ Global Biopharmaceutical Logistics Market https://www.maximizemarketresearch.com/market-report/biopharmaceutical-logistics-market/121997/

โ™ฆ Global Voice Assistant Application Market https://www.maximizemarketresearch.com/market-report/global-voice-assistant-application-market/29742/

โ™ฆ Global Medical Carts and Workstations Market https://www.maximizemarketresearch.com/market-report/global-medical-carts-and-workstations-market/27440/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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