eSIM Market Size By Application, By Vertical, By Geographic Scope and Forecast


Posted April 28, 2020 by jennysmith

eSIM Market was valued at USD 237 Million in 2018 and is projected to reach USD 2,045.5 Million by 2026, growing at a CAGR of 30.72% from 2019 to 2026.

 
eSIM Market Size And Forecast
According to Verified Market Research, the Global eSIM Market was valued at USD 237 Million in 2018 and is projected to reach USD 2,045.5 Million by 2026, growing at a CAGR of 30.72% from 2019 to 2026.

What is eSIM?
eSIM, also known as embedded SIM, a SIM chip that is standardized to be able to operate with multiple mobile devices, globally. The eSIM enables a device to be able to have multiple devices operating profiles at once, which allows for simultaneous use of the same device, using different profiles. The multiple profiles can be used remotely and can be switched between one another depending on the user. The eSIM also enables users to use the same SIM while switching mobile carriers, thus the Global eSIM Market is eliminating the need for physically replacing the SIM card.

Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=3556&utm_source=Free&utm_medium=004

Global eSIM Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

There are several benefits of adopting the eSIM technology such as the increase in the reliability of this SIM in comparison to the conventional SIM cards as there is less chance for mechanical failures. The eSIM can be used in several devices, even very small ones and therefore the range of implementation for this SIM is higher. The eSIM also provides the service of remote provisioning, which cuts the downtime of the device significantly and therefore makes the implementation process quicker. These factors are driving the market for eSIM. However, Factors such as the lack of awareness of this technology, the need for the installation of the software is more time consuming as well as in some cases it causes inconvenience. The eSIM also needs a device that supports the technology, these factors are restraining the growth of the Global eSIM Market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global ESIM Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global eSIM Market Competitive Landscape
The “Global eSIM Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Infineon Technologies AG, NTT DOCOMO, INC., NXP Semiconductors N.V., Giesecke & Devrient GmbH, Gemalto NV, Deutsche Telekom AG, Sierra Wireless, Inc., Singapore Telecommunications Limited, TMicroelectronics, and Telefónica, S.A…

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

 Get More Information @ – https://www.verifiedmarketresearch.com/download-sample/?rid=3556&utm_source=Free&utm_medium=004

eSIM Market, By Application
• Connected Cars
• Laptops
• M2M
• Smartphones
• Tablets
• Others

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

eSIM Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World



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Issued By vmr
Country United States
Categories Business
Tags esim market
Last Updated April 28, 2020