Increasing Use of Smartphones to Boost the E-SIM Devices Market
The e-SIM devices market worldwide is expected to grow with a CAGR of 32% during the forecast period from 2019 to 2027. E-SIM devices market worldwide is witnessing rapid growth since the past few years with growth in smartphones market. E-SIM also known as Embedded SIM can be remotely manage multiple mobile network operator subscriptions by complying with GSMA specifications. Remote provision, M2M connections provide seamless and easy mobile connectivity in smartphones. Improved security and convenience offered by these digital technologies over traditional cards has attracted the consumers. Due to all these factors, e-SIM devices market shall witness growth during the forecast period.
Market Synopsis
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Consumer Electronics to Continue Dominating the Market
Consumer electronics segment shall dominate the e-SIM devices market. E-SIM are electronic chips which allow the users to send and receive text messages, calls, consulting fitness data, read emails, receive notifications, navigate, and browse social networks. These features shall promote the adoption of e-SIMs, thereby driving the e-SIM devices market growth. Growing social-media activities across the world along with adoption of high-speed data transfer technologies such as 4G and 5G, and developmental technological advancements are the major factors contributing to the growth of this market in this segment. As a result of all these factors, consumer electronics will continue dominating the e-SIM devices market throughout the forecast period.
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Asia Pacific to Register the Fastest Growth
E-SIM devices market is led by Europe. Europe contributed over 40% to the total revenue of e-SIM devices market. The highest growing region during the forecast period is Asia-Pacific. Rapid growth in disposable income, adoption of latest technology and increasing demand for smartphones and smart devices in the region have majorly supported the growth of the market. China, Japan and South Korea shall support the strong growth the Asia-Pacific region. Further, increasing availability of manufacturers in the region shall significantly contribute to the growth of the region. On account of these factors, Asia Pacific will grow with the highest CAGR throughout the forecast period.
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Some of the prominent players operating in the e-SIM devices market include Deutsche Telekom AG, Gemalto NV, Giesecke & Devrient GmbH, Infineon Technologies AG, NTT DOCOMO, INC., NXP Semiconductors N.V., Sierra Wireless, Inc., Singapore Telecommunications Limited, STMicroelectronics, Telefónica, S.A., Samsung Electronics, Singtel, Apple, Inc. and AT&T among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The e-SIM devices market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global e-SIM devices market based on vertical type, application and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2018-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Vertical Type (2017–2027; US$ Bn)
• Automotive
• Consumer Electronics
• Energy & Utilities
• Manufacturing
• Retail
• Transportation & Logistics
|
|
Application Type (2017–2027; US$ Bn)
• Connected Cars
• Laptops
• M2M
• Smartphones
• Tablets
• Wearables
|
|
Geography (2017–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of e-SIM devices in 2018 and forecast up to 2027?
- Which is the largest regional market for e-SIM?
- What are the major trends followed in overall e-SIM devices across different regions?
- Who are the key e-SIM devices companies leading the market?
- What are the key strategies adopted by the leading e-SIM devices companies in market?
Unique data points of this report
- Statistics on smart equipment/devices worldwide
- Recent trends across different regions in terms of adoption of e-SIM devices across various applications
- Notable developments going on in e-SIM market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
