eSIM Market Outline 2021: Industry Significant Growth, Opportunity and Top Manufacturers


Posted March 30, 2021 by Amruta75

The global eSIM market is expected to witness significant growth during the forecast period (2020–2027) due to increasing demand from consumer electronics such as smartphones, tablets, and others.

 
The term eSIM means embedded SIM card. In other words, eSIM is form of programmable SIM card that is embedded directly into a device. eSIM is a small chip that is used to authenticate user identity with his or her carrier. eSIM provides many advantages such as support multiple accounts, allow switching to various mobile network operators and also manages accounts by updating the software setting from user devices. eSIM finds its applications in smartphones, laptop, tablet, wearables, connected car, M2M, and many others. These factors are expected to drive the market growth during the forecast period.

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The global eSIM market is expected to witness significant growth during the forecast period (2020–2027) due to increasing demand from consumer electronics such as smartphones, tablets, and others. According to Coherent Market Insights, in China, the penetration of smartphones increased from 676.5 million in 2017 to 782.3 million in 2020. Furthermore, increasing disposable income in developed and emerging economies has led to higher spending on smartphone devices. According to the National Bureau of Statistics (NBS), China's rural and urban per capita disposable income reached US$ 5,658.45 from US$ 2,107.2 in 2018.

Key Players in the Global eSIMss Market:- Major players operating in the global eSIM market include Infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Thales Group, KORE Wireless, Arm Limited, Truphone Limited, Workz Group, Sierra Wireless, NXP Semiconductors, AT&T.

Global eSIMss Market Taxonomy:-
Connected Cars
Laptops
M2M
Smartphones
Tablets
Wearables
Others
Drones
Smart Meters
Smart Grids

Global eSIM Market, By Vertical:
Automotive
Consumer Electronics
Energy & Utilities
Manufacturing
Retail
Transportation & Logistics

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The term eSIM means embedded SIM card. In other words, eSIM is form of programmable SIM card that is embedded directly into a device. eSIM is a small chip that is used to authenticate user identity with his or her carrier. eSIM provides many advantages such as support multiple accounts, allow switching to various mobile network operators and also manages accounts by updating the software setting from user devices. eSIM finds its applications in smartphones, laptop, tablet, wearables, connected car, M2M, and many others. These factors are expected to drive the market growth during the forecast period.

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Categories Computers , Industry , Technology
Tags esim industry , esim market , esim market share , esim market growth , esim market opportunity , esim market size
Last Updated March 30, 2021