The Global E-SIM Card market is anticipated to grow at a considerable CAGR of 17.8% during the forecast period (2023-2030). In contrast to a regular SIM, which users insert manually into their device, the eSIM is automatically embedded into each device and can be controlled and updated remotely. This gives it several unique benefits that revolutionize how businesses and consumers think about wireless technology. Companies such as Apple and Samsung are already offering smartphones with E-SIM support. Globally, there are over 200 mobile service providers who provide their customers with E-SIM services. According to the E-SIM Consumer Pulse Report 2022, commissioned by Amdocs and conducted by Dynata, over 81% of the respondents in the research were in favor of or open to the idea of an E-SIM-only future. Further, over 58% of the consumers want their TSPs to integrate E-SIM into their offerings. As per the report, consumers are energized by the fact that they can switch between operators and plans instantly with an E-SIM. Further, consumers purchasing an E-SIM is a hassle-free process as there's no need to buy a physical SIM, and some users were excited about the prospect of an entirely digital experience.
Browse the full report description of “E-SIM Card Market Size, Share & Trends Analysis Report Market by Solution Type (Hardware, and Connected Services), by Application (Connected Cars, Smart Home Appliances, M2M(Machine-to-machine), Smartphones, Others), and by Vertical (Automotive, Consumer Electronics, Energy & Utilities, Manufacturing, Transportation & Logistics, and Other Verticals) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/e-sim-card-market
And some benefits like, compared to legacy plastic, and removable SIM cards, the eUICC can be soldered directly into the device which provides greater flexibility since devices can immediately connect, no matter where they are deployed or where they may travel during their use. The evolution of the eSIM/eUICC makes it possible to survive in intense environments that experience extreme temperatures, humidity, or vibrations. Ericsson helped pioneer eSIM management in the IoT platform market and has been helping businesses leverage connectivity. Some major collaborations to enhance advanced connectivity, for instance, In January 2022, IDEMIA announced a collaboration with Microsoft to provide next-generation E-Sim connectivity services. The collaboration aimed to expand their connectivity offering for consumers and M2M/IoT devices.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Solution Type
o By Application
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Apple Inc., Infineon Technologies AG, Giesecke+Devrient GmbH, STMicroelectronics NV, and Edgewater Wireless among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global E-SIM Market Report Segment
By Solution Type
By Application
By Vertical
Global E-SIM Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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