An E-SIM, known as an embedded SIM, is a digital SIM that enables users to utilize a cellular plan from a telecom carrier without the need for a physical nano-SIM card. It operates similarly to a traditional SIM card but is already built into the device during manufacturing. Activation of the E-SIM involves installing the specific 'E-SIM profile' provided by the telecom operator. This profile contains the necessary information to connect to the network of carriers and access services. The advantage of E-SIM technology lies in its convenience, allowing users to switch between carriers or plans without physically changing SIM cards. The E-SIM's pre-installed nature and activation via the profile simplify the process and offer flexibility in managing cellular subscriptions.
Remote device management is a key driver fueling the growth of the embedded subscriber identity module (E-SIM) market. The ability to remotely provision, manage, and update E-SIMs over-the-air offers significant advantages for enterprises. Organizations may streamline the deployment and configuration of devices without the need for physical intervention with remote device management. They may remotely activate and provision E-SIMs, eliminating the logistical challenges of distributing and inserting physical SIM cards. Furthermore, remote management enables efficient updates and maintenance of E-SIMs, Including the ability to remotely switch network profiles or update connectivity settings. This reduces operational costs by minimizing manual interventions, improving device uptime, and enabling centralized control over a fleet of devices. Remote device management provided by E-SIM technology enhances the efficiency, scalability, and cost-effectiveness of device deployment and maintenance, making it an attractive solution for enterprises across various industries.
However, regulatory challenges are a big problem for the E-SIM market. Each country has its own rules about security, data privacy, and telecommunications. This makes things confusing and difficult for E-SIM to work smoothly everywhere. Different regulations create a fragmented situation, making it hard for E-SIM to be used easily and for different devices to work together. Companies that make devices, provide services, and run mobile networks have to deal with lots of different rules and meet different requirements. This makes things more expensive, slows down progress, and causes uncertainty. If the regulations were the same everywhere, it may make things easier and encourage more people to use E-SIM technology.
E-SIM technology presents significant market opportunities for wearable devices, Including smartwatches and fitness trackers. E-SIM allows for smaller and more compact designs of wearable devices by removing the requirement for physical SIM cards. This is particularly advantageous in the case of wearable devices where space is limited. In addition, E-SIM provides users with greater flexibility as they may connect their wearable devices directly to cellular networks, independent of the connectivity of a smartphone. This means that users may enjoy features such as calls, messages, and data services directly on their wearable devices, enhancing convenience and usability. Wearable devices become more self-sufficient, offering a seamless and standalone connectivity experience for users with E-SIM. This market opportunity enables the development of innovative and user-friendly wearable devices that enhance the overall user experience.
embedded subscriber identity module. The embedded subscriber identity module market is segmented on the basis of application, industry vertical, and region. On the basis of application, the market is divided into connected cars, smartphones & tablets, wearable devices, and others. On the basis of industry vertical, the market is segregated into automotive, consumer electronics, manufacturing, telecommunication, transportation & logistics, and others. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific) and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the embedded subscriber identity module (E-SIM) industry Include STMicroelectronics, Infineon Technologies AG, Thales, Sierra Wireless, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Telenor group, Vodafone Group Plc, NTT DOCOMO, Inc., and NXP semiconductors.
Remote device management is a key driver fueling the growth of the embedded subscriber identity module (E-SIM) market. The ability to remotely provision, manage, and update E-SIMs over-the-air offers significant advantages for enterprises. Organizations may streamline the deployment and configuration of devices without the need for physical intervention with remote device management. They may remotely activate and provision E-SIMs, eliminating the logistical challenges of distributing and inserting physical SIM cards. Furthermore, remote management enables efficient updates and maintenance of E-SIMs, Including the ability to remotely switch network profiles or update connectivity settings. This reduces operational costs by minimizing manual interventions, improving device uptime, and enabling centralized control over a fleet of devices. Remote device management provided by E-SIM technology enhances the efficiency, scalability, and cost-effectiveness of device deployment and maintenance, making it an attractive solution for enterprises across various industries.
However, regulatory challenges are a big problem for the E-SIM market. Each country has its own rules about security, data privacy, and telecommunications. This makes things confusing and difficult for E-SIM to work smoothly everywhere. Different regulations create a fragmented situation, making it hard for E-SIM to be used easily and for different devices to work together. Companies that make devices, provide services, and run mobile networks have to deal with lots of different rules and meet different requirements. This makes things more expensive, slows down progress, and causes uncertainty. If the regulations were the same everywhere, it may make things easier and encourage more people to use E-SIM technology.
E-SIM technology presents significant market opportunities for wearable devices, Including smartwatches and fitness trackers. E-SIM allows for smaller and more compact designs of wearable devices by removing the requirement for physical SIM cards. This is particularly advantageous in the case of wearable devices where space is limited. In addition, E-SIM provides users with greater flexibility as they may connect their wearable devices directly to cellular networks, independent of the connectivity of a smartphone. This means that users may enjoy features such as calls, messages, and data services directly on their wearable devices, enhancing convenience and usability. Wearable devices become more self-sufficient, offering a seamless and standalone connectivity experience for users with E-SIM. This market opportunity enables the development of innovative and user-friendly wearable devices that enhance the overall user experience.
embedded subscriber identity module. The embedded subscriber identity module market is segmented on the basis of application, industry vertical, and region. On the basis of application, the market is divided into connected cars, smartphones & tablets, wearable devices, and others. On the basis of industry vertical, the market is segregated into automotive, consumer electronics, manufacturing, telecommunication, transportation & logistics, and others. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific) and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the embedded subscriber identity module (E-SIM) industry Include STMicroelectronics, Infineon Technologies AG, Thales, Sierra Wireless, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Telenor group, Vodafone Group Plc, NTT DOCOMO, Inc., and NXP semiconductors.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the embedded subscriber identity module (e-sim) market analysis from 2022 to 2032 to identify the prevailing embedded subscriber identity module (e-sim) market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the embedded subscriber identity module (e-sim) market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global embedded subscriber identity module (e-sim) market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Connected Car
- Smartphone and Tablet
- Wearable Device
- Others
By Industry Vertical
- Automotive
- Consumer Electronics
- Manufacturing
- Telecommunication
- Transportation and Logistics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Deutsche Telekom AG
- Giesecke+Devrient Mobile Security GmbH
- Infineon Technologies AG
- NTT DOCOMO, Inc.
- NXP semiconductors
- Sierra Wireless
- STMicroelectronics
- Telenor group
- Thales
- Vodafone Group Plc
Table of Contents
CHAPTER 1: INTRODUCTION
Chapter 2: EXECUTIVE SUMMARY
Chapter 3: MARKET OVERVIEW
Chapter 4: EMBEDDED SIM MARKET, BY APPLICATION
Chapter 5: EMBEDDED SIM MARKET, BY INDUSTRY VERTICAL
Chapter 6: EMBEDDED SIM MARKET, BY REGION
Chapter 7: COMPANY PROFILES
List Of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Embedded Subscriber Identity Module (e-SIM) Market,' The embedded subscriber identity module (e-sim) market was valued at $3.4 billion in 2022, and is estimated to reach $12.7 billion by 2032, growing at a CAGR of 14.3% from 2023 to 2032.A conventional SIM card is pre-provisioned with an administrator profile, while GSMA inserted SIMs are reprogrammable. E-SIMs could revolutionize the gadgets as it is the period of connected gadget and wearables. SIM cards have changed from a module equipment piece to a SIM that will be incorporated with gadgets at the time of manufacturing.
An e-SIM is an inserted SIM card, implying that chips are installed in cell phones making setup programming construct that can work in light of any system. As opposed to being bolted to a particular system, e-SIM card can change its data arrangement at whatever point client wishes to do. The e-SIM is a smart device that helps change the operator by just updating the software settings. For instance, Apple first turned to e-sim to add connectivity to the Apple Watch series 3 and Watch series 4. In addition, the e-SIM can be soldered inside a device and then sealed, making it water- and temperature-resistant. This makes it more robust and thus ideal for use in a connected car, which may well be driven in extreme heat and on bumpy roads.
The growth of the embedded subscriber identity module (E-SIM) market is driven by the flexibility and convenience it offers users. With eSIMs, users can switch between mobile network operators without the inconvenience of physically changing SIM cards. This feature is particularly beneficial for frequent travelers who can easily switch to local networks or access better coverage and pricing plans from different operators. By remotely downloading and activating operator profiles on their devices, users have the freedom to choose the most suitable network wherever they are, enhancing their connectivity options and allowing for a personalized mobile experience.
Consumer awareness and education serve as a restraint in the embedded subscriber identity module (E-SIM) market. Many consumers are still unfamiliar with the benefits and functionalities of eSIM technology, which can create hesitation in adopting eSIMs instead of traditional SIM cards. The lack of awareness and understanding about eSIMs can hinder market growth. To overcome this restraint, efforts are needed to educate consumers about the advantages of eSIM technology and ensure a seamless transition process. Providing clear and concise information about eSIMs, their features, and the benefits they offer can help build consumer confidence and drive wider adoption of eSIMs in the market.
The embedded subscriber identity module (E-SIM) market presents a significant opportunity in the travel and tourism industry. eSIM technology simplifies connectivity for travelers by eliminating the need to purchase and insert local SIM cards when visiting different countries. With eSIM, travelers can easily switch between local network operators seamlessly, ensuring uninterrupted connectivity throughout their journeys. This eliminates the hassle of searching for and purchasing physical SIM cards, saving time and effort. Additionally, using eSIM reduces roaming charges, as travelers can choose cost-effective local plans instead of relying on expensive international roaming services. This convenience and cost-saving aspect of eSIM technology makes it an attractive solution for travelers and creates a promising opportunity for the market to cater to the needs of the travel and tourism industry.
The embedded subscriber identity module market is segmented on the basis of application, industry vertical, and region. On the basis of application, the market is divided into connected cars, smartphones & tablets, wearable devices, and others. On the basis of industry vertical, the market is segregated into automotive, consumer electronics, manufacturing, telecommunication, transportation & logistics, and others. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific) and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the embedded subscriber identity module (E-SIM) industry include STMicroelectronics, Infineon Technologies AG, Thales, Sierra Wireless, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Telenor group, Vodafone Group Plc, NTT DOCOMO, Inc., and NXP semiconductors.
Key Market Insights
In 2022, by application, connected car segment was the highest revenue contributor to the market, with $1,196.9 million in 2022, and is estimated to reach $5,054.47 million by 2032, with a CAGR of 15.58%.- By industry vertical, the automotive segment was the highest revenue contributor to the market, with $839.59 million in 2022, and is estimated to reach $3,453.94 million by 2032, with a CAGR of 15.28%.
- By region, North America was the highest revenue contributor, accounting for $1,084.01 million in 2022, and is estimated to reach $4,501.46 million by 2032, with a CAGR of 15.39%.
Companies Mentioned
- Deutsche Telekom AG
- Giesecke+Devrient Mobile Security GmbH
- Infineon Technologies AG
- NTT DOCOMO, Inc.
- NXP semiconductors
- Sierra Wireless
- STMicroelectronics
- Telenor group
- Thales
- Vodafone Group Plc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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