DUBLIN--(BUSINESS WIRE)--The "Embedded SIM (eSIM) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The Embedded SIM (eSIM) Market is expected to register a CAGR of 15.47% over the forecast period from 2021 to 2026.
Companies Mentioned
- Gemalto N.V. (Thales Group)
- Giesecke+Devrient GmbH
- STMicroelectronics N.V.
- Infineon Technologies AG
- Valid S.A.
- Idemia (Advent International Corp)
- Workz Group
- Truphone Limited
- Gigsky, Inc.
- ARM Limited
Key Market Trends
Smartphone is Expected to Witness Significant Growth
- As smartphone manufacturers continuously strive to make smaller, slimmer, and lighter devices with more features, space is at an absolute premium. The size of the Nano SIM card is about 12.30 mm in length and 8.80 mm wide. It also takes additional space associated with internal hardware and circuitry that needs to be accommodated. For many years, manufacturers have had to design and adjust the physical SIM card via SIM card trays or other internal slots. The need for more durable and waterproof phones is expected to drive the removal of the physical SIM tray will drive the adoption of eSIM on smartphones. Remote Provisioning capabilities within the eSIM standard is expected to provide users with enhanced customer experience for activating and managing the phones.
- Samsung's inclusion of eSIM technology in its S20 range of devices is expected to positively impact the adoption of eSIM in smartphones, which was previously confined to limited brands such as Apple and Google. In August 2020, NXP Semiconductors N.V. announced that NXP's embedded SIM (eSIM), Secure Ultra-Wideband (UWB) fine-ranging solution, as well as Secure Element (S.E.) and Near Field Communication (NFC) unit, are deployed in Samsung's new Galaxy Note20 Ultra. Unlike the physical SIM cards that must be removed and replaced in new devices, NXP's GSMA-compliant eSIM solution is integrated into a device, making remote SIM provisioning significantly easier and providing over-the-air SIM updates. The eSIM functionality comes with all Samsung Galaxy Note20 Ultra devices, excluding Japan, China, and Korea.
North America is Expected to Hold Significant Share
- North American region is expected to hold significant share as it is the first region that rolled out the support for eSIM, and major carriers in the region provide the eSIM service. In the United States, AT&T, T-Mobile, Truphone, Ubigi, and Verizon Wireless offers the support of eSIM functionality, whereas, in Canada, Bell, Freedom, Fido, Koodo, Lucky Mobile, Rogers, Telus, and Virgin provide the support. In January 2020, Telus and its sub-brand Koodo announced the support eSIM in Canada. The supported list of phones includes the iPhone 11 series and XS series, Google Pixel 3a and 4 series, Motorola Razr and Samsung Galaxy Fold. Among other devices such as smartwatches, laptops, and tables, the Samsung Galaxy Watch Series, Apple iPad Pro 11-inch, Surface Pro X supports the eSIM functionality offered by Telus and Koodo.
- The plans related to eSIM becoming significantly cheap in the region and a secure international roaming solution considerably drive the adoption of eSIM in the region. On phones with eSIM support, the user can select from a bunch of individual countries or roaming plans, where the multi-country operators tend to be significantly more expensive than US Mobile's solution. If the user is traveling abroad, he can select the carrier's roaming plan. On AT&T and Verizon, that's generally USD 10 per day for high-speed data. Otherwise, the user can still buy a local SIM card or use a multi-country travel SIM card like KnowRoaming, which tends to be the most expensive. eSIM lets the user scan a QR code or pick a new carrier from an on-device menu, making it much easier to switch carriers or roaming.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Advancements in the field of connected & M2M ecosystem
4.2.2 Growing demand for Smart devices
4.2.3 Ease of use and access provided by eSIM over traditional substitutes
4.3 Market Challenges
4.3.1 Security, Interoperability - Standardization issues
4.4 Market Opportunities
4.4.1 Highly positive forecasts for M2M adoption
4.5 Industry Stakeholder Analysis - Operator, OEM & System Integrators
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.7 Impact of COVID-19 on the Connectivity Landscape
4.8 Coverage on e-SIM enabled device shipments globally (2018-2022)
5 GLOBAL SIM CARD LANDSCAPE ANALYSIS (SHIPMENTS & REGIONAL BREAKDOWN)
6 MARKET SEGMENTATION
6.1 By Application
6.2 Geography
6.2.1 North America
6.2.2 Europe
6.2.3 Asia-Pacific
6.2.4 Latin America
6.2.5 Middle East and Africa
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
8 VENDOR POSITIONING ANALYSIS
9 MARKET OUTLOOK
For more information about this report visit https://www.researchandmarkets.com/r/nvercz
