The Global Embedded SIM (eSIM) Market is Anticipated to Reach $6.53 Bn by 2028

Friday 4 January 2019, Amsterdam

Market Research Report Press Release According to a new market intelligence report titled "Global Embedded SIM (eSIM) Market, Analysis and Forecast, 2018-2028", the growing consumer inclination toward a more connected experience is likely to increase the opportunities for eSIM players across different sectors, including automotive, consumer electronics, transportation, and healthcare. In 2017, approximately 136.4 million eSIMs were shipped and the market is likely to grow at a CAGR of 44.12% during the period of 2018-2028. This growth is attributable to the growing popularity of connected vehicles, fleet management services, and changing consumer behavior toward a more connected and safer driving experience. Also, the growing demand from various emerging applications areas such as in smartphones, laptops, drones, and eHealth services, is expected to fuel the market growth in the forecast period. The key players in the global eSIM market are Gemalto N.V., Giesecke & Devrient GmbH, IDEMIA, Telit Communications PLC, and Workz Group, among others.

The global eSIM market is categorized on the basis of device type that includes M2M/IoT device, smartphones, wearables, and others. The M2M/IoT device type market acquired the largest share in 2018, in terms of both value and volume. On the other hand, the smartphone device type market is expected to grow at the highest CAGR of 52.15% during the forecast period 2018-2028, in terms of value. The enhancement in technology for smartphones such as compact designs, remote SIM provisioning, and enhanced security, is the prime factor for huge growth opportunities in this segment.

According to Sidharth Verma, Research Analyst, “Europe is one of the most prominent regions for the growth of the global eSIM market. In 2018, Europe dominated the global eSIM market with Germany acquiring the maximum market share, in the European region. However, the geographical analysis of this market unveils an immense potential for growth in the Asia-Pacific region. India is expected to witness the highest growth rate in this region during the forecast period 2018-2028.”

The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and technological developments. It also includes a competitive analysis of the leading players in the industry, including corporate overview, financial summary, and SWOT analysis. The overall market has been segmented by device, and by end-use industry. The report also includes a comprehensive section on the regional analysis including country analysis for more than 10 countries.

This report is a meticulous compilation of research on more than 50 players in the eSIM ecosystem and draws upon the insights from in-depth interviews with the key opinion leaders of the leading companies, market participants, and vendors. The report covers the profile analysis of around 12 companies which includes Gemalto N.V., Giesecke & Devrient GmbH, IDEMIA, Telit Communications PLC, Eastcompeace Technology Co. Ltd., and Workz Group, among others.

Key questions answered in the report:
  • What are the trends in the global eSIM market across different regions?
  • What are the major driving forces that tend to increase the demand for the global eSIM market during the forecast period 2018-2028?
  • What are the major market drivers, restraints, and opportunities in the global eSIM market?
  • What is the revenue generated by the global eSIM market by device, and end-use industry in 2017, and what will be the estimate by 2028?
  • Who are the key players in the global eSIM market?
  • What are the new strategies adopted by the existing market players to make a mark in the industry?
  • What are the major opportunities for the small caliber companies in the next five years?
  • What is the competitive strength of the key leading players in the global eSIM market?
Global embedded SIM (eSIM) Market - Analysis and Forecast, 2018-2028

Global embedded SIM (eSIM) Market - Analysis and Forecast, 2018-2028

Publish date : December 2018
Report code : ASDR-474692
Pages : 168

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