ESIM Market Growth, Price, Revenue, Share and Analysis by 2030

 Market Scope

The global eSIM market is expected to expand at 31.40% CAGR during the forecast period to reach a size of USD 5.77 billion in 2030.

The market is driven by the expansion of internet of things (IoT), large number of smartphone users, and limitations of physical SIM cards. Developments of smart vehicles, robots, and industrial machines which can operate eSIMs are evidence of its vast potential. The standard set by eSIMs for relaying data in a machine-to-machine (M2M) ecosystem can fuel the market demand over the forecast period.

Rollout of next-generation communication networking technologies, shift of bandwidth as per network, and large number of M2M systems can drive market growth. The large shelf life of eSIMs and applications in smart devices can bolster the demand of the global eSIM market. Collaboration between eSIM manufacturers and smartphone manufacturers mark a new consumer buying pattern for consumer electronic devices. Availability of eSIMs for corporate customers in South Africa due to their frequency in business travel and their success can lead to its offering to civilians in the coming years.

Get Free Sample Copy Report of eSIM Market@ 

https://www.marketresearchfuture.com/sample_request/6619 

Competitive Outlook

Giesecke+Devrient GmbH, NXP Semiconductors, NTT Docomo, Inc., Sierra Wireless, Infineon Technologies AG, STMicroelectronics, Singtel, Deutsche Telekom AG, Gemalto NV, and Telefonica S.A. are key players of the global eSIM market. The drive towards open market devices by carriers and phone manufacturers seems to be the primary strategy of players in the market. Recently, Orange and OPPO have decided to partner for driving the demand of eSIMs in IoT devices and smartphones.

Segmentation

The global eSIM market has been segmented based on end user.

Based on end user, the eSIM market has been segmented into consumer electronics, automotive, energy & utilities, transportation & logistics, manufacturing, and retail. The consumer electronics segment accounted for the largest market share in 2018. This can be attributed to procurement of laptops, tablets, smartphones, and wearables. On the other hand, the manufacturing segment is expected to register the highest CAGR of 31.40% during the forecast period.

Regional Analysis

Geographically, the global eSIM market has been segmented into Asia Pacific (APAC), North America, Europe, the Middle East & Africa (MEA), and South America.

North America dominated the region in terms of market share in the eSIM market. The market growth is attributed to the presence of many eSIM network service providers that offer network support to eSIM devices. The leading players in the region include Virgin Mobile, Deutsche Telekom AG, Verizon Wireless and AT&T.

Europe was the second-largest market in the eSIM market in 2018. According to the MRFR analysis, Germany is expected to gain the lead in the region followed by the UK, Spain, and the rest of Europe. Some of the factors responsible for the market growth include the presence of a large number of platform vendors who provide the underlying hardware for eSIM integration, presence of 5G network, and relief provided to tourists due to access to various carriers.

Access Report Details @ 

https://www.marketresearchfuture.com/reports/esim-market-6619 

APAC may gain a large share of the global eSIM market by 2024 owing to the growing smartphone subscriber base. Japan, China, India, and Indonesia are deemed to be lucrative for the market owing to the influx of various tourists and introduction of policies by their respective governments. Recently, the Japanese government has proposed a new policy for switching between carriers without changing phone numbers. Surge in number of IoT connections and adoption of consumer electronic devices can favor the regional market growth.

Related Articles:

Monochrome Display Market

Location-Based Services Market

Optical Network Hardware Market

Synthetic Monitoring Market

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Multifactor Authentication Market Technological Advancement, Top Key Players, Financial Overview and Forecast to 2030

  Market Overview  In 2016, the  Multi-Factor Authentication Market  had generated a market value of USD 4.85 billion. It has expectations to grow to approx. USD 36.87 Billion by the end of the current forecast period in 2030, generating 15.71% CAGR during the forecast period. Generally, multi-factor authentication is a security framework that is well known in the global market for its multistep authentication to validate the person’s authority. The name multi-factor authentication has multi-features, which makes it more popular among people worldwide. The multi-factor authentication has an impeccable feature over the conventional authentication techniques that involves username and password verifications and identifications. Moreover, it has advanced biometrics security features that help identify the person, including iris recognition, facial recognition, fingerprints, and voice recognition techniques. Download Free Sample PDF File @  https://www.marketresearc...
Read more

Fixed-Mobile Convergence Market Regional Analysis, Key Players Profiles and Future Prospects 2030

  Market Scenario: Market Research Future (MRFR) has identified its ability to reduce cost as one of the major factors to influence the global market. Increasing demand for integrated service irrespective of the location is also going trigger transformations in the market. The global  fixed-mobile convergence market size  is slated to reach a mark of 8.84 Billion by 2030, with 12.16% CAGR during the forecast period of 2022 to 2030. Its capacity to use both fixed and wireless systems are expected to take the global market forward. This market is also going to benefit from infrastructural changes taking place and the market witnessing a steady flow of funds to create more research and development opportunities. Request a Free Sample @   https://www.marketresearchfuture.com/sample_request/8305   Key Players: Cisco (US) Ericsson AB (Sweden) Nokia (Finland) Huawei Technologies Co. Ltd (China) and ZTE Co...
Read more

Direct Carrier Billing (DCB) Market Trends, Emerging Audience, Segments, Profits and Competitor Landscape

  Direct Carrier Billing Market Scope: The Direct Carrier Billing Market size exceeded USD 123 Billion in 2027 and is projected to expand at over 14% CAGR from 2020 to 2027. The global  direct carrier billing (DCB) market size is rapidly gaining momentum, as merchants and consumers worldwide have recognized the benefits of Direct Carrier Billing Market services in paying for digital services and products. The consumption of digital content increased exponentially, especially during the recent COVID 19 pandemic, which further increased the demand for Direct Carrier Billing Market to pay for digital services. With the increasing demand for digital payments, the direct carrier billing market is likely to garner notable traction in the years to come. Get Free Sample PDF Brochure:   https://www.marketresearchfuture.com/sample_request/6169    The benefits of direct carrier billing compared to card payments in bettering user experience for merchants and ...
Read more