Westford,USA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest, consumers' desire to create linked homes primarily drives the increasing demand for smart electronics, including devices such as printers, smart glasses, smartphones, tablets, laptops, and wearables. Integrating eSIM technology into these consumer electronic items plays a crucial role in providing excellent network connectivity, which is essential for establishing connected homes in the eSIM market.
Browse in-depth TOC on "eSIM Market"
- Pages - 260
- Tables - 93
- Figures – 74
The advent of the Internet of Things (IoT) has spawned new industries and provided network service providers with numerous opportunities. IoT is revolutionizing the mobile sector, completely transforming its landscape. The demand for intelligent and automated appliances extends beyond consumer-oriented devices such as tablets, mobile phones, and laptops in the eSIM market. Various industry verticals embrace IoT technologies, incorporating smartphones and wearables into their operations.
Get a sample copy of this report:
https://www.skyquestt.com/sample-request/esim-market
Prominent Players in eSIM Market
- Gemalto N.V.
- Infineon Technologies A.G.
- Deutsche Telekom
- STMicroelectronics
- NXP (next experience) Semiconductors
- Giesecke + Devrient
- NTT DoCoMo INC.
- Cisco Systems
- Singapore Telecommunications Limited
- Sierra Wireless INC.
- Apple Inc.
- Arm Limited
- AT&T Inc.
- IDEMIA
- Samsung Electronics Co. Ltd.
- Telefónica S.A
- Thales Group
- Vodafone Group Plc
Consumer Electronics Segment is Expected to Grow the Market Due to the Increased Utilization of Photo detectors
Consumer electronics segment has emerged as a pivotal force driving innovation and growth within the eSIM market. Consumer electronics has become a game-changer in technology with its constant advancements and transformative capabilities. A notable development within this domain is the integration of eSIMs (embedded SIM cards) in consumer electronics applications.
The markets in North Americaare projected to possess a substantial share in the eSIM market, primarily attributed to being one of the pioneering regions to embrace and support eSIM technology. It was the first region to roll out widespread support for eSIM, with significant carriers offering eSIM services. In the United States, prominent telecom providers such as AT&T, T-Mobile, Truphone, Ubigi, and Verizon Wireless have enabled the functionality of eSIM, providing consumers with the convenience of utilizing this advanced technology.
Browse summary of the report and Complete Table of Contents (ToC):
https://www.skyquestt.com/report/esim-market
M2M Segment is Expected to Dominate the Market Due tothe Increased Adoption of LED Bulbs
M2M (Machine-to-Machine) segment has emerged as the frontrunner in the global eSIM market, primarily owing to the myriad benefits offered by eSIM technology in M2M devices. One key advantage is the simplified and digital approach to switching network carriers without physically replacing a SIM card. This flexibility allows M2M devices to seamlessly adapt to changing network requirements, reducing downtime and operational disruptions.
Regional markets in the Asia Pacific region are anticipated to witness the fastest growth in the eSIM market. This can be attributed to the increasing adoption of eSIM technology in M2M devices, particularly in countries such as China and Japan. The region has experienced a significant surge in mobile internet penetration in recent years, with a doubling of mobile internet usage.
A comprehensive analysis of the major players in the eSIM market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.
Key Developments in eSIM Market
- Thales recently announced the deployment of its eSIM remote subscription platform in a public cloud version on Google Cloud. This move aimed to assist telecommunications companies in efficiently managing the increasing number of mobile subscriptions for eSIM-capable devices. The platform, which is GSMA-certified, offers global accessibility to telcos across more than 200 countries and territories.
- STMicroelectronics and Truphonerecently joined forces to introduce a comprehensive embedded SIM (eSIM) infrastructure solution that adheres to GSMA M2M standards. STMicroelectronics contributed its GSMA-certified SOC solution, the ST4SIM-200A/M, which includes eSIM software and secure hardware qualified for industrial and automotive applications. Truphone provided seamless connectivity services and remote SIM provisioning (RSP) capabilities. This collaboration aimed to provide a robust and integrated solution for eSIM deployment in various sectors.
Speak to Analyst for your custom requirements:
https://www.skyquestt.com/speak-with-analyst/esim-market
Key Questions Answered in eSIM Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence.
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market's future growth?
Related Reports in SkyQuest’s Library:
Global Nanosatellite and Microsatellite Market
Global Wholesale Voice Carrier Market
Global Mass Notification System Market
Global White Inorganic Pigment Market
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com
