The Embedded subscriber identity module (E-SIM) market report estimates 2021 - 2028 market development trends for semiconductors and electronics industry. The report analyses some of the challenges that semiconductors and electronics industry may have to face during the growth. This finest report also gives explanation about strategic profiling of key players in the market, systematic analysis of their core competencies, and provides a competitive landscape for the market. What is more, it offers worth mentioning market data along with future forecast and thorough analysis of the market on a global and regional level. Analysis of upstream raw materials, downstream demand, and current market dynamics is also performed in the top notch embedded subscriber identity module (E-SIM) market report.

The persuasive embedded subscriber identity module (E-SIM) market document discusses about what technologies need to be worked on in order to incentivize future growth, the effects they will have on the market, and how they can be used. Furthermore, this market research report also provides a watchful investigation of the current state of the market which covers several market dynamics. By taking definite base year and historic year for granted, calculations in the comprehensive embedded subscriber identity module (E-SIM) market report have been carried out which infers the market performance by providing information about what the market definition, classifications, applications, and engagements are.

Embedded subscriber identity module (E-SIM) market was valued at USD 2.70 billion in 2021 and is expected to reach USD 19.21 billion by 2029, registering a CAGR of 27.80% during the forecast period of 2022-2029.

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Definition

Embedded subscriber identity module (E-SIM) is basically a smart device that helps change the operator by updating the software settings. It is a little chip that the user places on their device to verify their identification to their carrier. As it supports many accounts, enables switching between different mobile network operators (MNOs), and manages accounts by simply updating the software settings from the user's mobile phone, eSIM is clever in terms of functionality.

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Key Growth Drivers:

Increasing Adoption of Wearable Electronics

The embedded subscriber identity module industry is expanding as a result of the rising demand for smart devices. These programmable technologies are being incorporated with a number of intelligent gadgets, such as smartwatches and fitness bands, to assist them in connecting with the cellular infrastructure. The device can be thinner and lighter because the chips take up less room. This enables the producers to employ the area for adding more technological features and capabilities to their electronic goods. The users can send and receive text messages, calls, and fitness data consultations, reading emails, receiving notifications, navigating, and browsing social networks, all of which present significant market potential.

Surging Improvements within the Module

The embedded SIMs demands account registration when switching to a new device so that it could seamlessly update the prior number and information. The most recent version of the GSMA has increased the flexibility with which mobile network operators and original equipment manufacturers (OEMs) conduct business in the future. These improvements further boosts the demand for the embedded subscriber identity module (E-SIM) over the forecast period.

Furthermore, the increase in disposable income and the adoption of mobile computing devices further fuel market growth. The increasing demand for e-SIM solutions for M2M (Machine2Machine) applications is projected to be the most significant factor driving the growth for this market. The embedded subscriber identity module (E-SIM) has a wide range of uses, including in connected cars, wearable technology, tablets, laptops, smartphones, and M2M. Moreover, the growing trend for wearable electronics also cushions the market’s growth within the forecasted period. The availability access to technologies also acts as a market driver.

The report emphasizes the participation of key entities, notably:

  • Thales (France)
  • STMicroelectronics (Netherlands)
  • Infineon Technologies AG (Germany)
  • Giesecke+Devrient Mobile Security GmbH (Germany)
  • NTT DOCOMO (Japan)
  • Sierra Wireless (Canada)
  • Orange Business Services (France)
  • SAMSUNG (North Korea)
  • Telenor Group (Sweden)
  • Telit (U.S.)
  • Airtel (India)
  • Reliance Jio Infocomm Ltd (India)
  • Singapore Telecommunications Limited (Singapore)
  • Deutsche Telekom AG (Germany)
  • NXP Semiconductors NV (Netherlands)
  • Vodafone Group Plc (U.K.)

Report Objective:

  • Investigate the embedded subscriber identity module (E-SIM) market, focusing on strategic movements like collaborations, agreements, mergers, and product launches.
  • Explore market diversification avenues such as new products, unexplored regions, recent advancements, and investments in embedded subscriber identity module (E-SIM) market.
  • Streamline initial research efforts by identifying embedded subscriber identity module (E-SIM) market growth, size, key players, and segments, saving valuable time.
  • Highlight pivotal industry trends in the embedded subscriber identity module (E-SIM) market to empower players in devising effective, sustainable strategies.
  • Analyze micro markets for their individual growth trajectories, potential, and contributions to the overall market.
  • Shape or refine business expansion strategies leveraging growth opportunities in both established and emerging markets.

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Key Market Segmentation

Application (Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables, Others), Vertical (Automotive, Energy & Utilities, Manufacturing, Retail, Consumer Electronics, Transportation and Logistics)

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