At 27.4% CAGR, eSIM Market Size Set to Register 2,282.3 million USD by 2027

Global ESIM Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2027. ESIM Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global ESIM market and provides information regarding the revenue for the period 2020 to 2027.

The tech-savvy millennial and mid-aged population across the world demand advanced technologies such as smartphones and smart wearable. Owing to this, several companies constantly engage themselves in developing robust technologies to ease their lifestyle. The eSIM market was valued at US$ 392.7 million in 2019 and is projected to reach US$ 2,282.3 million by 2027; it is expected to grow at a CAGR of 27.4% from 2020 to 2027.

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The US, China, Japan, Germany, India, and the UK are among the leading technologically developed countries and house a significant number of consumer electronics manufacturers and automobile manufacturers. The smartphone manufacturers contribute a significant revenue share in the embedded SIM (eSIM) market.

Based on application, the eSIM market is categorized into connected cars, laptops and tablets. M2M, smartphones, wearables, and others. In 2019, the M2M segment dominated the eSIM market; however, smartphones segment is anticipated to grow at a fastest growth rate. The demand for eSIMs is constantly rising among the smartphone manufacturers, automobile manufacturers, laptop manufacturers, energy & utility sector players. The OEMs across the globe are robustly focusing on the development and integration of eSIM in various applications. The growing demand of miniaturization and IoT technology across various industries is also boosting the demand of eSIM globally.

Geographically, the eSIM market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America held the largest share of the global eSIM market, followed by Asia Pacific and Europe, in 2019.The rise in penetration of smart phones and connected cars and autonomous vehicles in North America is paving the way of eSIM adoption. The presence of a large number of telecom companies coupled with higher volumes of smart consumer electronics and automotive manufacturers are boosting the growth of eSIM market in North America. The penetration of smart technologies among the North American mass is considerably high and pertaining to this, the awareness related to the benefits of eSIM is more among the US and Canadian populations.

Deutsche Telekom AG, Gemalto NV, Giesecke + Devrient Mobile Security GmbH, IDEMIA, Infineon Technologies AG, NXP Semiconductors N.V., Sierra Wireless, STMicroelectronics, Telefónica S.A, and Vodafone PLC are among the major players present in the global eSIM market.

Impact of COVID-19 Pandemic on eSIM Market

COVID-19 outbreak, which began in Wuhan (China) in December 2019, has rapidly spread across the globe. It has badly affected China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US in terms confirmed positive cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries as it has resulted in lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the eSIM market due to factory shutdowns, disrupted supply chain, and downturned global economy.

Overall size of the global eSIM market has been derived in accordance to primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the eSIMs.

Table of Contents:

  1. Introduction

1.1 Study Scope

1.3 Market Segmentation

  1. Key Takeaways
  2. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

  1. eSIM Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 Middle East and Africa

4.2.5 South America

4.3 Ecosystem Analysis

4.4 Expert Opinions

  1. eSIM Market – Key Market Dynamics
  2. eSIM Market – Global Market Analysis
  3. eSIM Market Analysis – By Application
  4. eSIM Market Analysis – By Vertical
  5. eSIM Market – Geographic Analysis
  6. Impact of COVID-19 Pandemic on eSIM Market
  7. Global ESIM Market- Industry Landscape
  8. ESIM Market Company Profiles

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ESIM Market 2020 Strategic Assessment – Gemalto, Stmicroelectronics, Infineon Technologies, NXP Semiconductors

The Global eSIM Market was valued at USD 237 Million in 2018 and is projected to reach USD 2,045.5 Million by 2026, growing at a CAGR of 30.72% from 2019 to 2026.

The ESIM Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Top Leading Companies of Global ESIM Market are Gemalto, Stmicroelectronics, Infineon Technologies, NXP Semiconductors, Giesecke & Devrient, Deutsche Telekom, Telefonica, NTT Docomo, Singtel, Sierra Wireless, Apple, AT&T, CLX Communications, Etisalat, Idemia, Jasper and others.

eSIM, also known as embedded SIM, a SIM chip that is standardized to be able to operate with multiple mobile devices, globally. The eSIM enables a device to be able to have multiple devices operating profiles at once, which allows for simultaneous use of the same device, using different profiles. The multiple profiles can be used remotely and can be switched between one another depending on the user. The eSIM also enables users to use the same SIM while switching mobile carriers, thus the Global eSIM Market is eliminating the need for physically replacing the SIM card.

Regional Outlook of ESIM Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

On The Basis Of Product, The ESIM Market Is Primarily Split Into

IoT M2M-related eSIM
Consumer Wearable Device eSIM
Others

On The Basis Of End Users/Application, This Report Covers

Connected Cars
Laptops
Wearables
Smartphones
Tablets
Others

This allows understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences, and the vendor landscape of the overall market.

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Following are major Table of Content of ESIM Industry:

  • ESIM Market Sales Overview.
  • ESIM Market Sales Competition by Manufacturers.
  • ESIM Market Sales Analysis by Region.
  • ESIM Market Sales Analysis by Type.
  • ESIM Market Analysis by Application.
  • ESIM Market -Manufacturers Analysis.

Furthermore, this study will help our clients solve the following issues:

Cyclical dynamics – We foresee dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and interferences.

Identifying key cannibalizes – Strong substitute of a product or service is the most important threat. Our clients can identify key cannibalizes of a market, by procuring our research. This helps them in aligning their new product development/launch strategies in advance.

Spotting emerging trends – The report help clients to spot upcoming hot market trends. We also track possible impact and disruptions which a market would witness by a particular emerging trend. Our proactive analysis help clients to have early mover advantage.

Interrelated opportunities – This report will allow clients to make decisions based on data, thereby increasing the chances that the strategies will perform better if not best in real world.

We Offer Customization on report based on specific client Requirement:

– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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ESIM Market Expected to Witness a Sustainable Growth over 2026

The ESIM Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Companies Covered (Sales, Price, Revenue, Volume, Gross Margin and Market Share)-

Gemalto, Stmicroelectronics, Infineon Technologies, NXP Semiconductors, Giesecke & Devrient, Deutsche Telekom, Telefonica, NTT Docomo, Singtel, Sierra Wireless, Apple, AT&T, CLX Communications, Etisalat, Idemia, Jasper, Orange and others.

On The Basis Of Product, The ESIM Market Is Primarily Split Into

IoT M2M-related eSIM
Consumer Wearable Device eSIM
Others

On The Basis Of End Users/Application, This Report Covers

Connected Cars
Laptops
Wearables
Smartphones
Tablets
Others

ESIM Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the ESIM Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

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Following are major Table of Content of ESIM Industry:

  • ESIM Market Overview
  • Global Economic Impact on Industry
  • Global Market Competition by Manufacturers
  • Global Production, Revenue (Value) by Region
  • Global Supply (Production), Consumption, Export, Import by Regions
  • Global Production, Revenue (Value), Price Trend by Type
  • Global Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • ESIM Market Forecast

Finally, all aspects of the Global ESIM Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

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– Free 40 analyst hours to cover any other data point.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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eSim Market Outlook 2019 by Technology Development, Research Study, Growth Factors, Statistics, Forecasting 2030

Embedded SIM (eSIM) or Embedded Universal integrated circuit card (eUICC) is a non-removable SIM/hardware for next-generation connected consumer devices. It is mandatory for eSIMs to be compliant with GSMA’s Remote SIM provisioning specifications. eSIMs finds applications across a broad spectrum of consumer devices such as smartphones, laptops, wearable, smart glasses, tablets, printers, connected home devices, and several other gadgets. There are various advantages offered by Embedded SIM (eSIM) such as high-quality connectivity, easy management of subscription over the entire lifecycle of the device and simplified logistics.

Market Industry Reports (MIR) has published a new report titled “eSIM Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global eSIM market is estimated to be over US$ 333.3 Mn in 2019. It is anticipated to grow at a substantial CAGR from 2019 to 2030.

Major Key Players of the eSIM Market are:
Gemalto, Giesecke+Devrient GmbH., Infineon Technologies AG, STMicroelectronics, Workz Group, Truphone Limited, NXP Semiconductors., Sierra Wireless, Valid, and Plintron., among others

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The simplification of operators logistics and accelerated growth of Machine to Machine (M2M) services are among the vital advantages offered by eSIMs. eSIMs enable users to remotely manage profiles, change networks, and update settings with the help of Remote SIM Provisioning (RSP) solutions. In addition, eSIMs offers additional security against data theft. For instance, if an individual tries to change the profile of an eSIM, a specific key is required, which acts as an extra layer of security. If one does not have the necessary key, the feature of changing the current customers profile is deemed unavailable.

According to the industrial point of view, eSIMs improve the implementation of cellular connectivity on industrial devices/equipment. This, in turn, solves the problem of manually managing the work, since operations on a device are remotely managed by cellular connectivity solutions. There are several government initiatives promoting the use of eSIM across several industrial verticals, such as automotive, consumer electronics and energy & utilities, to promote the growth of eSIMs globally. For instance, by 2020, the European Commission is aiming to replace approximately 80% of the electric meters with smart meters for all its member states.

Major Types of eSIM Market covered are:
Connected Cars
Smartphones, and Wearable’s

Major Applications of eSIM Market covered are:
Automotive
Consumer Electronics, and Energy & Utilities

Research objectives:-

– To study and analyze the global eSIM consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the eSIM market by identifying its various sub-segments.
– Focuses on the key global eSIM manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the eSIM with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 eSIM Market Size
2.2 eSIM Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 eSIM Market Size by Manufacturers
3.2 eSIM Key Players Head office and Area Served
3.3 Key Players eSIM Product/Solution/Service
3.4 Date of Enter into eSIM Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global eSIM Sales by Product
4.2 Global eSIM Revenue by Product
4.3 eSIM Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global eSIM Breakdown Data by End User

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In the end, eSIM industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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eSIM Market Set for Rapid Growth to Reach CAGR of Over 33.4% by 2030

Global eSIM Market is Anticipated to be Valued at US$ 333.3 Million in 2019 & is Likely to Witness a CAGR of 33.4% from 2019 to 2030

As per Market Industry Reports (MIR) research findings, favorable government initiatives, wide application across diverse industrial vertical, cost effectiveness of eSIM are set to open new avenues for stakeholders.

Increasing adoption of eSIMs across a wide horizon of industries such as automotive, energy & utilities, consumer electronics and manufacturing among others, has been pivotal in promoting growth of the global eSIMs market. Several government initiatives across various regions is significantly promoting the adoption of eSIMs. For instance, by 2020, the European Commission is aiming to replace approximately 80% of electric meters with smart meters for its member states.

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From the manufacturers and operators point of view, adoption of eSIMs significantly reduces production & handling costs as compared to conventional SIMs. For instance, mobile phones or other electronic devices, equipped with eSIM technology eliminates costs associated with manufacturing, and distribution of physical SIM cards, while not compromising on any feature. Whereas, from an operators’ perspective, eSIMs provide ample opportunities for expanding into novel business avenues across multiple industries. Moreover, eSIMs also offer effective, efficient, & attractive international subscription plans for consumers market or specifically markets for business travelers.

“The telco industry in general, is expected to witness a paradigm shift in terms of connectivity. The use of GSMA specified eSIMs have led to the extensive growth of Machine to Machine (M2M) services and simultaneously propelled the operational efficiency for the M2M ecosystem.” said Nidhi, Senior Analyst, Telecat MIR.

From a regional perspective, Asia-Pacific is expected to witness the highest CAGR in the coming years due to growing adoption of smartphones and smartwatches among countries such as China, Japan and India. Europe commands for the largest share of the eSIM market. The large share of this market segment can be attributed to launches of several eSIM launches across different countries in the region. For instance, in February 2019, Infineon Technologies AG launched its eSIM solution, specifically designed for mobile consumer devices, at the Mobile World Congress in Barcelona, Spain.

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The global eSIM market is a fragmented market and is largely governed by prominent players such as Gemalto NV, Giesecke+Devrient GmbH, Infineon Technologies AG, STMicroelectronics, Workz Group, Truphone Limited, NXP Semiconductors., Sierra Wireless, Valid and Plintron, among others.

MARKET ECOSYSTEM/CLASSIFICATION

By Device 

  • Connected Cars
  • Smartphones
  • Wearables
  • Others (Laptop, Tablet, Smart Meter & Drone)

By End Use Industry

  • Automotive
  • Consumer Electronics
  • Energy & Utilities
  • Others (Healthcare, Security & Manufacturing)

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  • Global insights with country levels information
  • Comprehensive insights on market dynamics, and business environment
  • Exhaustive coverage on competitive landscape
  • Insights on ‘Key Strategies’ followed by leading players of the market
  • Access to ‘Latest Strategic Developments’ registered by leading players of the market

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