eSIM Market Research Report by End-User Applications (Automotive, Energy & Utilities, Manufacturing, Retail, Consumer Electronics, Transportation & Logistics), Region (North America, Europe, Asia-Pacific, Rest of the World)-Global Forecast till 2023
Key Players:
The prominent players in e-SIM market are Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO, INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Telecommunications Limited (Singapore), STMicroelectronics (Switzerland), and Telefónica, S.A. (Spain).
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Market Highlights
With Tier 1 players such as Apple Inc. and Google introducing high-end smartphones integrated with e-SIM, consumers are gaining the advantage of dabbling between service providers and enjoy various other advantages, which is a recent and major trend in the e-SIM market. Globally, the electronic SIM (e-SIM) market is expected to grow from USD 204.7 million in 2017 to USD 913.7 million by 2023, at a CAGR of 28% during the forecast period. High adoption of IoT technology and the importance of remote sim provisioning for M2M, is expected to drive the e-SIM market during the forecast period. However, high-security threats in various application areas of e-SIM such as connected cars hamper the growth of the e-SIM market.
Regional Analysis
The global market for e-SIM is expected to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of e-SIM market is done for North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to dominate the global e-SIM market during the forecast period. With the presence of several IT & telecommunication industries, the market in Asia-Pacific is expected to expand in the near future. China, Japan, South Korea, and India are expected to dominate e-SIM market in Asia-Pacific. Increasing population and adoption of smartphones integrated with emerging technologies drives the e-SIM market in the region.
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Europe is expected to grow at steady rate during the forecast period. Government regulations associated with driving in Europe, IoT and increasing awareness about cyber-attacks are likely to drive the e-SIM market in the European region during the forecast period.
North America is expected to grow at a fast rate during the forecast period. The early adoption of new technologies such as IoT and artificial intelligence (AI) and the presence of tier 1 players drive the e-SIM market in the North American region.
TABLE OF CONTENTS
- Executive Summary
- Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Markets Structure
- Market Research Methodology
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
- Market Landscape
Continued…….
LIST OF TABLES
Table1 Global E-SIM Market, By Country, 2018-2023
Table2 North America: E-SIM Market, By Country, 2018–2023
Table3 Europe: E-SIM Market, By Country, 2018–2023
Table4 Asia-Pacific: E-SIM Market, By Country, 2018–2023
Table5 Latin America: E-SIM Market, By Country, 2018–2023
Continued…….
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LIST OF FIGURES
Figure 1 Global E-SIM Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis Of Global E-SIM Market
Figure 4 Value Chain Of Global E-SIM Market
Figure 5 Share Of E-SIM Market In 2018, By Country (In %)
Continued…….
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