Embedded SIM (eSIM) Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027

by Emergen Research · December 8, 2021

Embedded SIM Market

The global Embedded SIM (eSIM) Market is forecasted to be worth USD 3019.1 Million by 2027, according to a current analysis by Emergen Research. The most advanced “all-in-one” chipset in the world, incorporating NFC, Secure Element, and eSIM, and the 40 nm Secure element of SU070, provides digital wallet protection and eSIM solutions. With the introduction of this solution, NXP will strengthen its position globally. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry . The embedded sim (eSIM) market is forecasted to grow exponentially over the forecast timeframe owing to the growing adoption of IoT connected devices in manufacturing. Embedded SIM (eSIM) Market Size – USD 410.1 Million in 2019, Market Growth – CAGR of 29.9%, Market Trends – The rise in the use of eSIM in Machine to Machine connectivity.Insightful information for the new entrants willing to enter the market Details and insights about business expansion strategies, product launches, and other collaborations. Information about profit-making strategies and developmental strategies of major companies and manufacturers. The consumer electronics segment is anticipated to hold the largest market owing to the wide use of eSIM due to its enhanced protection and connectivity, and greater reliability.

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The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027.Furthermore, the growing government initiatives to implement electric vehicle is expected to augment the market growth as eSIM has several advanced functionalities in electric vehicles. The growing adoption of IoT connected devices and rising government initiatives to promote electric vehicles is driving the demand for the market. Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. In February 2018, NXP Semiconductors N.V. launched an innovative eSIM solution, SN100U.The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers. With the introduction of this solution, NXP will strengthen its position globally.

Key participants include KORE Wireless Group Inc., Giesecke+Devrient Mobile Security GmbH, Arm Limited, Gemalto NV, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V., Deutsche Telekom AG, Sierra Wireless Inc., and Vodafone Group Plc among others.

Emergen Research has segmented the global Embedded SIM (eSIM) Market on the basis of solution, application, end-use, and region:

Solution Outlook (Revenue, USD Million; 2017-2027)

Hardware

Connectivity Services

Application Outlook (Revenue, USD Million; 2017-2027)

Smartphones

Laptops

Wearables

Connected Cars

Machine to Machine

Others.

Regional Analysis of the Embedded SIM Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Points of Embedded SIM Market:

Extensive coverage of the analysis of the Embedded SIM market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Embedded SIM market

Complete data about the key manufacturers and vendors in the Embedded SIM market

Highlights of the TOC:

Report Overview
1.1 Research Scope
1.2 Key Embedded SIM market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline

Global Growth Trends
2.1 Global Embedded SIM market size
2.2 Latest Embedded SIM market trends
2.3 Key growth trends

Competitive Landscape
3.1 Global Embedded SIM market key players
3.2 Global Embedded SIM size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Embedded SIM market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances

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