DUBLIN--(BUSINESS WIRE)--The "Global eSIM Market By Application, By Solution, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global eSIM Market size is expected to reach $19.2 billion by 2026, rising at a market growth of 17% CAGR during the forecast period.
Embedded Subscriber Identity Module (eSIM), also known as the Embedded Universal Integrated Circuit Card (eUICC), is a reprogrammable chip that is made available across the market either in soldered or in a removable form. It is a small chip which is used to authenticate the identity of the user with his carrier. ESIM is smart in terms of functions as it supports multiple accounts, enables switching to different mobile network operators (MNOs), and manages accounts simply by updating the user's mobile phone software settings.
With the gradual growth of smart connected devices in every vertical market, the need for unified, scalable network-based devices is increasingly growing. The need for remote connectivity to manage devices is increasing. The number of smart system vendors is growing increasingly to support this need. ESIMs are becoming increasingly popular, as they enable users to manage all connected devices from remote locations, including cars, mobile phones, wearables, medical devices and others. ESIMs are becoming increasingly common with manufacturers of smart devices, as these SIMs have both 'Machine to Machine' capabilities and remote provisioning.
It is also expected that the global eSIM market will be fueled by the growing adoption of these SIMs by leading mobile manufacturers including Google and Apple. Manufacturers of smartphones are likely to allow eSIMs to boost their product offerings. On the other hand, users can only pick one profile from every profile at a time. This is a major disadvantage for eSIMs, which restrains market growth. Also, being a sophisticated technological evolution, the compatibility, connectivity and other issues with different manufacturers' smart devices is also one of the major challenges for eSIM market growth.
Based on Application, the market is segmented into M2M and Consumer Electronics. M2M type is further classified into Automotive, Energy & Utilities and Others. Based on Solution, the market is segmented into Connectivity Services and Hardware. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
- Thales Group S.A. (Gemalto NV)
- Infineon Technologies AG
- NXP Semiconductors N.V.
- STMicroelectronics N.V.
- Telefonica S.A.
- NTT Data Corporation
- Giesecke & Devrient GmbH
- Deutsche Telekom AG
- Singapore Telecommunications Limited
- Sierra Wireless, Inc.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.4.1 Global eSIM Market, by Application
1.4.2 Global eSIM Market, by Solution
1.4.3 Global eSIM Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2016, Feb - 2020, May) Leading Players
Chapter 4. Global eSIM Market by Application
4.1 Global eSIM M2M Market by Region
4.2 Global eSIM Market by M2M Type
4.2.1 Global eSIM Automotive Market by Region
4.2.2 Global eSIM Energy & Utilities Market by Region
4.2.3 Global eSIM Others Market by Region
4.3 Global eSIM Consumer Electronics Market by Region
Chapter 5. Global eSIM Market by Solution
5.1 Global Connectivity Services eSIM Market by Region
5.2 Global Hardware eSIM Market by Region
Chapter 6. Global eSIM Market by Region
6.1 North America eSIM Market
6.2 Europe eSIM Market
6.3 Asia Pacific eSIM Market
6.4 LAMEA eSIM Market
Chapter 7. Company Profiles
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