Global eSIM Strategic Business Report 2023: Spurt in Connected Cars Growth and Demand for Seamless Connectivity Augurs Well


Dublin, June 20, 2023 (GLOBE NEWSWIRE) -- The "eSIM: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for eSIM estimated at US$664.7 Million in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 29.1% over the analysis period 2022-2030.

M2M, one of the segments analyzed in the report, is projected to record a 28.3% CAGR and reach US$1.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Smartphones segment is readjusted to a revised 31.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $216.2 Million, While China is Forecast to Grow at 32.9% CAGR

The eSIM market in the U.S. is estimated at US$216.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$445 Million by the year 2030 trailing a CAGR of 32.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.5% and 26.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 28.6% CAGR.

Select Competitors (Total 38 Featured) -

  • Apple Inc
  • Deutsche Telekom AG
  • Etisalat
  • Thales Group
  • Giesecke & Devrient GmbH
  • IDEMIA
  • Infineon Technologies AG
  • KORE Wireless Group Inc.
  • NTT Docomo Inc.
  • NXP Semiconductor N.V.
  • Sierra Wireless Inc
  • STMicroelectronics
  • Telefonica SA
  • Vodafone Group Plc.

Key Attributes:

Report AttributeDetails
No. of Pages184
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$664.7 Million
Forecasted Market Value (USD) by 2030$5100 Million
Compound Annual Growth Rate29.0%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • eSIM - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020, 2021, & 2022
  • eSIMs to Provide a Springboard to Cellular IoT Deployments Hit Hard by COVID-19
  • COVID-19 Impact on COMMUNICATIONS TECHNOLOGY
  • Global Communications Technology Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025 Year YoY Growth (In %) 2019 2.2 2020 -1.2
  • COVID-19 Impact Accelerates Shift towards Digitization
  • eSIM: An Introduction
  • eSIM to Revolutionize the Concept of Connected Devices
  • Benefits of eSIM
  • eSIM Brings in Opportunities for MVNOs and MNOs to Transform Services
  • Meeting the Challenges in IoT Environment Crucial for eSIM Adoption
  • embedded SIMs to be the Basis for all Future SIM Innovations
  • Managing the eSIM Wave
  • eSIMs: The Future
  • Recent Industry Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • eSIMs & IoT: Perfect Elements of Future Transformation
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Global IoT Market (In %) by Industry for the Years 2018 and 2022
  • Spurt in Connected Cars Growth and Demand for Seamless Connectivity Augurs Well for eSIM Market
  • Global Connected Vehicle Shipments (In Million Units) for the Years 2019, 2021, 2023, and 2025
  • Strong Gains for Cellular Segment Foreseen for Automotive V2X Communication
  • World Market for Automotive Vehicle-to-Everything (V2X) by Connectivity (2020 & 2027): Percentage Breakdown of Revenues for Dedicated Short Range Communication (DSRC), and Cellular Connectivity
  • M2M IoT Market Offers Massive Growth Opportunity
  • Importance of Various Technology Enablers in Achieving Industry 4.0 Value Driver
  • Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025
  • Machine-to-Machine (M2M) Communication: A Review
  • Cellular M2M Communication Technology: A Novel M2M Communication Model
  • Growing Importance of eSIMs inConsumer Electronics Markets
  • eSIMs Technology Leaps Forward with Adoption among Major Smartphone Makers
  • eSIM Enabled Smartphones as a Share of Global Smartphone Shipments: 2019 Vs 2025
  • Global Smartphone Shipments in Million Units: 2015, 2020, & 2025
  • Select eSIM Embedded Smartphones by Manufacturer
  • Wearable Devices Hold Significant Potential
  • Global Shipments of Wearable Devices (in Million Units): 2015-2025
  • eSIM Technology Adoption to Accelerate with Arrival of 5G
  • 5G Smartphone Sales in Million Units: 2019-2022
  • World 5G Mobile Subscriptions: 2019-2025
  • eSIM.net Offers 5G eSIM Service
  • Hybrid eSIM Management to Leverage Opportunities in both Consumer and M2M Markets
  • Healthcare Industry Explores Potential of eSIMs for aiding Remote Medical Consultations
  • Industry to Address Security Threats
  • Rise of Smart Cities and Focus on Smart Energy Management Opens Up Opportunities
  • Smart Meters: Potential Opportunities Ahead
  • Global Smart Meters Market in US$ Billion: 2020, 2022, and 2025
  • Strategies to Leverage Embedded Module

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/qr6wxr

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Global Market for eSIM

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