eSIM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

eSIM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A5336
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Market Overview:

The global eSIM market is expected to exhibit a CAGR of 21.41% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

eSIM or embedded SIM refers to a hardware chipset that is embedded into a device permanently. It is a small chip that is used to activate a mobile plan, authenticate user identity, and store data and multiple operator profiles on a device simultaneously. It is widely incorporated in tablets, smartphones, laptops, connected vehicles and machine-to-machine (M2M) operations. eSIM offers numerous advantages, such as supporting multiple mobile carriers, eliminating the need for specific slots, requiring less space, and easier to activate. As compared to traditional SIM cards, eSIM is permanently mounted, improves reliability, security, and network and eliminates the physical need for handling SIM cards. As a result, it finds extensive application across automotive, manufacturing, electronics, and energy and utility industries. 

 

 
 

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eSIM Market Trends:

The significant growth in the automotive industry across the globe is creating a positive outlook for the market. eSIMs are used in all kinds of connected vehicles in infotainment systems, such as assisted driving, vehicle telematics and navigation. Furthermore, the widespread product adoption in M2M operations and applications for wireless communication as they require lesser space is favoring the market growth. This is further supported by the implementation of various government initiatives to boost M2M communications across the globe. Apart from this, the introduction of other analytic solutions, such as speed, security, fuel level alerts, maintenance temperature and battery notifications in eSIMs for an enhanced customer experience, are providing an impetus to the market growth. Moreover, the increasing product utilization in consumer electronics, including smartphones and smart wearables for higher reliability, safety and connectivity, is positively impacting the market growth. Other factors, including the rising penetration of the Internet of Things (IoT)-enabled devices and the widespread product utilization in the energy and utility industry are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global eSIM market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, solution, application and industry vertical.

Breakup by Type:

  • Data-Only eSIM
  • Voice, SMS and Data eSIM
     

Breakup by Solution:

  • Hardware
  • Connectivity Services
     

Breakup by Application:

 

 
 

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  • 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:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Solution, Application, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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eSIM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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