About eSIM Technology
eSIM (Embedded sim) is programmable SIMs that allow you to switch carriers without changing the physical card in your device. The initial specification eSIM is by GSMA in 2013 and the first deployment was done in M2M by AT &T. The use of eSIM will overcome the limitations of traditional SIM card, moreover, it is the only standard sim for the machine to machine communication across the world. For instance In July 2019, according to counterpoints emerging technology opportunities (ETO) adoption of ESIM devices across the globe, adding a vehicle, grew 63 per cent of year on the year 2018 to 364 million and are estimated to reach close to two billion units in shipments by 2025. The use of eSIMS offers several benefits such as reduce the SIM distribution, activation cost, and others. For use of Esim in high profile devices such as Apple Watch 3, Google Pixel 2, and Microsoft Surface Pro LTE is gaining popularity across the world.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Germany Players will contribute the maximum growth to Global eSIM Technology market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Telecommunications Limited (Singapore), STMicroelectronics (Switzerland) and Telefónica, S.A. (Spain) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global eSIM Technology market by , Application (Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables and Others (Drones, Smart Meters, Smart Grids)) and Region.
On the basis of geography, the market of eSIM Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment, the sub-segment i.e. Hardware will boost the eSIM Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. For consumer will boost the eSIM Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Use of ESIM For both Payment and Identifications (Chip-Based Credit and Debit Cards We Use Today Can Instead Be Driven By ESIM)s
Market Growth Drivers:
High Adoption of IoT Technology and Devices, Rising Adoption of Wearable Electronics and Growing Demand for Smart Solutions
Challenges:
Challenge in Troubleshooting Esim-Enabled Device As They Cannot Transfer Data into the Sim and Deficiency of Standardization
Restraints:
Increasing Security Threats By the Use of eSIM Technology
Opportunities:
The Increase in Multi-Device Packages, Enabled by Consumer and Enterprise Adoption of Esim increased and High Adoption of IoT Technology and DeviceCard Can Be Used
For instance, in November 2019, Hong Kong-based company eSIM Solutions Company named 10T Tech Ltd and Ukrainian TriMob launches first consumer eSIM cloud solutions service. Use of this technology allows the user to download multiple eSIM from TriMob. Meanwhile, 10T Tech is the first company in the world which offers zero entry fee access to the users of eSIM solutions, moreover, the solution utilized IDEMIA’S technology.
Key Target Audience
Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.