E-SIM Card Market
E-SIM Card Market Size, Share & Trends Analysis Report Market by Solution Type (Hardware, and Connected Services), by Application (Connected Cars, Smart Home Appliances, M2M(Machine-to-machine), Smartphones, Others), and by Vertical (Automotive, Consumer Electronics, Energy & Utilities, Manufacturing, Transportation & Logistics, and Other Verticals) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
E-Sim Card Market is anticipated to grow at a considerable CAGR of 17.8% during the forecast period. An E-SIM (embedded SIM) is an industry-standard digital SIM that allows you to activate a mobile data plan from your network provider without having to use a physical SIM. Numerous consumer goods, including cellphones, wearable technology, and laptops, use E-SIM cards. They are also a part of connected cars, smart meters, medical IoT devices, home automation, security systems, handheld POS (Point of Sales) systems, and medical IoT devices.
The major drivers of the E-SIM market are the growing trend among smartphone manufacturers to integrate E-SIM into the device is predicted to fuel demand and contribute to growth. For instance, Samsung's inclusion of E-SIM technology in its S20 range of devices to positively impact the adoption of E-SIM 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 (E-SIM), 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. And other factors such as increasing disposable income, rapid urbanization, and the introduction of innovative products are also primed to fuel this market expansion.
Increasing security threats are expected to hamper the E-SIM market growth. This is because of rising technological advancement, the proliferation of M2M services, and the penetration of IoT devices. Thus, it becomes complex to secure E-SIM devices from various cyber threats. These factors are expected to hamper the market growth during the forecast period.
Segmental Outlook
The global e-SIM Card market is segmented by solution type, application, and vertical. By solution type, the market is segmented into hardware and connected Services. By application, the market is sub-segmented into connected cars, smart home appliances, M2M(Machine-to-machine), smartphones, vehicle tracking, wearables, and others (drones, smart Meters, smart Grids). By vertical, the market is segmented into automotive, consumer electronics, energy and utilities, manufacturing, retail, transportation and logistics, and other verticals. The connectivity service segment—which includes voice and data plans, IoT connectivity solutions, and other services—dominates the market.
M2M Devices is Expected to Register Considerable Growth during the Forecast Period
Due to the numerous benefits offered by the implementation of E-SIM in M2M devices, including simpler device setup without the requirement of inserting or replacing a SIM card, improved reliability and security, sleek design, and no requirement of a connector, the M2M application is anticipated to hold a considerable share of the market during the forecast period. Additionally, eSIM makes it possible to handle M2M devices, many of which are hermetically sealed and situated remotely, effectively.
Regional Outlook
The global e-sim card market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). The Asia Pacific E-SIM Market is expected to witness largest market growth during the forecast period. Prominent smartphone players such as Huawei and Samsung electronics have launched E-SIM smartphones in the region that are driving E-SIM momentum.
Global E-SIM Card Market Growth by Region 2023-2030
North America is Expected to Hold a Significant Market Share in the E-SIM Card Market during the forecast period
North American region is expected to hold significant share as it is the first region that rolled out the support for E-SIM, and major carriers in the region provide the E-SIM service. In the United States, AT&T, T-Mobile, Truphone, Ubigi, and Verizon Wireless offers the support of E-SIM 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 of E-SIM 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, and Surface Pro X support the E-SIM functionality offered by Telus and Koodo.
Market Players Outlook
The major companies serving the global E-SIM market include Apple Inc., Infineon Technologies AG, Giesecke+Devrient GmbH, Gemalto, STMicroelectronics NV, Kigen Ltd, Valid S.A., KORE Wireless, and Edgewater Wireless among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in September 2022, Workz Group, an E-SIM & SIM solutions provider, partnered with Monogoto, a connectivity-as-a-service cloud provider, to establish a cloud platform for consumers and Machine-to-machine (M2M) E-SIM devices.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global E-SIM market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Apple Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Infineon Technologies AG
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. KORE Wireless
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Sierra Wireless
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. STMicroelectronics NV
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global E-SIM Card Market by Solution Type
4.1.1. Hardware
4.1.2. Connected Services
4.2. Global E-SIM Card Market by Application
4.2.1. Connected Cars
4.2.2. Smart Home Appliances
4.2.3. Machine-to-Machine (M2M)
4.2.4. Smartphones
4.2.5. Vehicle Tracking
4.2.6. Wearables
4.2.7. Others (Drones, Smart Meters, Smart Grids)
4.3. Global E-SIM Card Market by Vertical
4.3.1. Automotive
4.3.2. Consumer Electronics
4.3.3. Energy & Utilities
4.3.4. Manufacturing
4.3.5. Retail
4.3.6. Transportation & Logistics
4.3.7. Other Verticals (Smartphones)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AT&T
6.2. Deutsche Telekom AG
6.3. Gemalto
6.4. Giesecke+Devrient GmbH
6.5. Kigen Ltd
6.6. NTT Docomo
6.7. NXP Semiconductors N V
6.8. Samsung Electronics
6.9. Singtel
6.10. Telefónica
6.11. Thales Group
6.12. Valid S.A.
6.13. Vodafone
6.14. Workz Group
1. GLOBAL E-SIM CARD MARKET RESEARCH AND ANALYSIS BY SOLUTION TYPE, 2022-2030 ($ MILLION)
2. GLOBAL HARDWARE E-SIM CARD MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
3. GLOBAL CONNECTED SERVICES E-SIM CARD MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL E-SIM CARD MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
5. GLOBAL E-SIM CARD IN CONNECTED CARS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL E-SIM CARD IN SMART HOME APPLIANCES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL E-SIM CARD IN M2M MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL E-SIM CARD IN SMARTPHONES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL E-SIM CARD IN VEHICLE TRACKING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL E-SIM CARD IN WEARABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL E-SIM CARD IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL E-SIM CARD MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
13. GLOBAL E-SIM CARD FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL E-SIM CARD FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
15. GLOBAL E-SIM CARD FOR ENERGY & UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL E-SIM CARD FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL E-SIM CARD FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL E-SIM CARD FOR TRANSPORTATION & LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. GLOBAL E-SIM CARD FOR OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. GLOBAL E-SIM CARD MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
21. NORTH AMERICAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. NORTH AMERICAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY SOLUTION TYPE, 2022-2030 ($ MILLION)
23. NORTH AMERICAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
24. NORTH AMERICAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
25. EUROPEAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. EUROPEAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY SOLUTION TYPE, 2022-2030 ($ MILLION)
27. EUROPEAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
28. EUROPEAN E-SIM CARD MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
29. ASIA- PACIFIC E-SIM CARD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. ASIA- PACIFIC E-SIM CARD MARKET RESEARCH AND ANALYSIS BY SOLUTION TYPE, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC E-SIM CARD MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
32. ASIA-PACIFIC E-SIM CARD MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION
33. REST OF THE WORLD E-SIM CARD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
34. REST OF THE WORLD E-SIM CARD MARKET RESEARCH AND ANALYSIS BY SOLUTION TYPE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD E-SIM CARD MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
36. REST OF THE WORLD E-SIM CARD MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
1. GLOBAL E-SIM CARD MARKET SHARE BY SOLUTION TYPE, 2022 VS 2030 (%)
2. GLOBAL HARDWARE E-SIM CARD MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL CONNECTED DEVICES E-SIM CARD MARKET SHARE BY REGION BY REGION, 2022 VS 2030 (%)
4. GLOBAL E-SIM CARD MARKET SHARE BY APPLICATION, 2022 VS 2030 ($ MILLION)
5. GLOBAL E-SIM CARD IN CONNECTED CARS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL E-SIM CARD IN SMART HOME APPLIANCES MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL E-SIM CARD IN M2M MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL E-SIM CARD IN SMARTPHONES MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL E-SIM CARD IN VEHICLE TRACKING MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL E-SIM CARD IN OTHER APPLICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL E-SIM CARD MARKET SHARE BY VERTICAL, 2022 VS 2030 ($ MILLION)
12. GLOBAL E-SIM CARD FOR AUTOMOTIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL E-SIM CARD FOR CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL E-SIM CARD FOR ENERGY & UTILITIES MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL E-SIM CARD FOR MANUFACTURING MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL E-SIM CARD FOR RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL E-SIM CARD FOR TRANSPORTATION & LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL E-SIM CARD FOR OTHER VERTICAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. GLOBAL E-SIM CARD MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. US E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
21. CANADA E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
22. UK E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
23. FRANCE E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
24. GERMANY E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
25. ITALY E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
26. SPAIN E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF EUROPE E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
28. INDIA E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
29. CHINA E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
30. JAPAN E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
31. SOUTH KOREA E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
32. REST OF ASIA-PACIFIC E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD E-SIM CARD MARKET SIZE, 2022-2030 ($ MILLION)
