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By 2030, the size of the global eSIM market is anticipated to be USD 17.56 billion, growing at a CAGR of 8% from 2023 to 2030. IoT-connected devices are increasingly being used in consumer electronics and M2M applications, which is fueling industry expansion. Consumer electronics are now downloading eSIM profiles more frequently. The eSIM market is expanding as a result of the rising popularity of devices with eSIM connectivity.
The user can control several devices at once with the use of this device. The user has the choice of using it remotely. The SIM cards of eSIM customers do not need to be changed. Both soldered and detachable versions of this sim are available on the market. With this sim, the user can use many network providers at once. This universal integrated embedded card has a less than 6mm length. Due to its unique qualities, the eSIM market is in more demand. Thanks to its M2 features, this sim has strong acceptance from a variety of verticals. In the coming years, it's predicted that internet of things devices will surpass mobile phones. Connected devices can function properly using eSIM.
This study classifies the eSIM market into different regional and market segment categories, anticipates revenue growth, and examines trends in each submarket. The main growth factors, opportunities, and difficulties affecting the eSIM industry are analysed in the research. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the market's sub-segments are analysed in the study.
Driving Factors
Trucks and cars now have a lot of cellular connectivity options and access to new features and capabilities thanks to the introduction of eSIM in the automotive industry. Within the next few years, it's projected that all cars will be cellular-enabled, enhancing the driving experience with the help of cutting-edge connected services. The automotive industry recently achieved a huge improvement in allowing the next generation of connected automobiles by implementing the GSMA Embedded SIM specification to enhance vehicle connectivity. The security of various associated services should therefore be enhanced as a result. The eSIM-enabled solutions offer automatic interoperability across various SIM operators and connecting platforms, as well as remote SIM profile provisioning. These systems now have multiple network service providers in their running chain, which makes it more challenging to monitor their security. Mobile Network Operators' (MNOs') credentials are gathered and stored by the eSIM in the device's internal software, making them vulnerable to security flaws. Additionally, eSIM is exposed to a number of dangers associated with virtual environments due to its deployment across a variety of physical platforms and MNOs. The operational flexibility provided by eSIM may therefore be rendered useless if security is breached, hindering market expansion.
Restraining Factors
Lack of technical expertise is a barrier to the growth of the eSIM sector. The bulk of business operations use ESIM. Anyone with technical knowledge can utilise this sim. Additionally, laptops, M2M, and connected cars all use the eSIM technology. In the technological and customer service sectors, it is primarily used. More technical understanding is needed in order to use the market. Poor market management may lead to inefficient markets. All of these market restrictions have the potential to reduce the rate of industry growth. In many firms, fewer personnel are required to manage this technology. These restrictions could be fairly strict given the anticipated market revenue growth rates.
Report Coverage
Global eSIM research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global eSIM report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and eSIM competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key eSIM market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global eSIM market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, eSIM market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Singapore Telecommunications Limited, Telephonic, S.A, Deutsche Telekom AG, NTT DOCOMO INC, Giesecke & Devrient GmbH, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V, Gemalto NV
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global eSIM market based on the below-mentioned segments:
Global eSIM Market, By Solution
Hardware
Connectivity Services
Global eSIM market, By Application
Consumer Electronics
M2M
Global eSIM market, Regional Analysis
The user can control several devices at once with the use of this device. The user has the choice of using it remotely. The SIM cards of eSIM customers do not need to be changed. Both soldered and detachable versions of this sim are available on the market. With this sim, the user can use many network providers at once. This universal integrated embedded card has a less than 6mm length. Due to its unique qualities, the eSIM market is in more demand. Thanks to its M2 features, this sim has strong acceptance from a variety of verticals. In the coming years, it's predicted that internet of things devices will surpass mobile phones. Connected devices can function properly using eSIM.
This study classifies the eSIM market into different regional and market segment categories, anticipates revenue growth, and examines trends in each submarket. The main growth factors, opportunities, and difficulties affecting the eSIM industry are analysed in the research. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the market's sub-segments are analysed in the study.
Driving Factors
Trucks and cars now have a lot of cellular connectivity options and access to new features and capabilities thanks to the introduction of eSIM in the automotive industry. Within the next few years, it's projected that all cars will be cellular-enabled, enhancing the driving experience with the help of cutting-edge connected services. The automotive industry recently achieved a huge improvement in allowing the next generation of connected automobiles by implementing the GSMA Embedded SIM specification to enhance vehicle connectivity. The security of various associated services should therefore be enhanced as a result. The eSIM-enabled solutions offer automatic interoperability across various SIM operators and connecting platforms, as well as remote SIM profile provisioning. These systems now have multiple network service providers in their running chain, which makes it more challenging to monitor their security. Mobile Network Operators' (MNOs') credentials are gathered and stored by the eSIM in the device's internal software, making them vulnerable to security flaws. Additionally, eSIM is exposed to a number of dangers associated with virtual environments due to its deployment across a variety of physical platforms and MNOs. The operational flexibility provided by eSIM may therefore be rendered useless if security is breached, hindering market expansion.
Restraining Factors
Lack of technical expertise is a barrier to the growth of the eSIM sector. The bulk of business operations use ESIM. Anyone with technical knowledge can utilise this sim. Additionally, laptops, M2M, and connected cars all use the eSIM technology. In the technological and customer service sectors, it is primarily used. More technical understanding is needed in order to use the market. Poor market management may lead to inefficient markets. All of these market restrictions have the potential to reduce the rate of industry growth. In many firms, fewer personnel are required to manage this technology. These restrictions could be fairly strict given the anticipated market revenue growth rates.
Report Coverage
Global eSIM research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global eSIM report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and eSIM competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key eSIM market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Singapore Telecommunications Limited, Telephonic, S.A, Deutsche Telekom AG, NTT DOCOMO INC, Giesecke & Devrient GmbH, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V, Gemalto NV |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of eSIM Market from 2021 to 2030.
- Market Forecast for eSIM Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, eSIM competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on eSIM
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global eSIM market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, eSIM market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Singapore Telecommunications Limited, Telephonic, S.A, Deutsche Telekom AG, NTT DOCOMO INC, Giesecke & Devrient GmbH, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V, Gemalto NV
Primary Target Market
- Market Players of eSIM
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global eSIM market based on the below-mentioned segments:
Global eSIM Market, By Solution
Global eSIM market, By Application
Global eSIM market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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