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eSIM - Global Market Trajectory & Analytics

  • ID: 4804744
  • Report
  • February 2022
  • Region: Global
  • 184 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Apple Inc
  • Etisalat
  • IDEMIA
  • KORE Wireless Group Inc.
  • NXP Semiconductor N.V.
  • STMicroelectronics

Global eSIM Market to Reach $1.8 Billion by 2026


SIM card technology would see a dramatic change in the next few years with the advent of the embedded SIM (eSIM). Presented by the GSMA in 2016, the Embedded SIM Specification is designed to enable mobile network operators and device manufacturers to commence using the specification to provide credentials for connected devices. Also referred to as eUICC, eSIM can be as small as a pinhead and can incorporated into the main circuit of a smartphone, tablet, sensor, wearable, M2M platform, router, or any other cellular device. An eSIM has no initial credentials and can be provisioned over the air (OTA) immediately after the activation of the mobile device. Amid the COVID-19 crisis, the global market for eSIM estimated at US$422.4 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2026, growing at a CAGR of 28% over the analysis period. M2M, one of the segments analyzed in the report, is projected to grow at a 27.3% CAGR to reach US$776.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smartphones segment is readjusted to a revised 30.4% CAGR for the next 7-year period. This segment currently accounts for a 24.6% share of the global eSIM market.



The U.S. Market is Estimated at $170.2 Million in 2021, While China is Forecast to Reach $144.4 Million by 2026


The eSIM market in the U.S. is estimated at US$170.2 Million in the year 2021. The country currently accounts for a 32.81% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$144.4 Million in the year 2026 trailing a CAGR of 31.8% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.6% and 26.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 27.7% CAGR while Rest of European market (as defined in the study) will reach US$190.7 Million by the close of the analysis period.

As demand picks up with IoT technologies maturing and more and varied industries entering the IoT space, use of eSIM is expected to increase in forthcoming years. Operators are also increasingly realizing the cost advantages with such connections and are opening up networks for reaping the benefits of multi-device and bundled subscription plans. eSIMs are also required to have the support of international IoT connectivity with stronger security and lower latency, for a more secure and seamless experience for end-users wherever the IoT device is in the whole world. Also, technology solution providers are trying to solve the many operational, technical and commercial issues pertaining to LPWAN deployment, allowing manufacturers to install new IoT solutions worldwide.

Connected Cars Segment to Reach $363.6 Million by 202


eSIMs, integrated into cars during the production process, offer greater flexibility and capabilities by enabling cars and trucks with cellular connectivity. eSIMs encrypt communications and ensure secure global car connectivity for vehicle systems including eCall emergency solutions, vehicle telematics, navigation among others. The card provides greater flexibility to select or change mobile network service providers and service plans, during the lifetime of connected cars. eSIMs allow automatic network swaps and therefore considered ideal for devices that must pass borders. Auto makers depending on a fixed SIM card are restricted to a single provider, and in event of travel or extend stay in a new country, the card has to be changed to work with a new carrier as it is subject to the local data regulations . In the global Connected Cars segment, USA, Canada, Japan, China and Europe will drive the 27.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$64.5 Million in the year 2020 will reach a projected size of US$360 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$40.1 Million by the year 2026.

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.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Frequently Asked Questions about the Global Market for eSIM

What is the estimated value of the Global Market for eSIM?

The Global Market for eSIM was estimated to be valued at $422.4 Million in 2020.

What is the growth rate of the Global Market for eSIM?

The growth rate of the Global Market for eSIM is 27.3%, with an estimated value of $1800.0 Million by 2026.

What is the forecasted size of the Global Market for eSIM?

The Global Market for eSIM is estimated to be worth $1800.0 Million by 2026.

Who are the key companies in the Global Market for eSIM?

Key companies in the Global Market for eSIM include Apple Inc, Deutsche Telekom AG, Etisalat, Thales Group, Giesecke & Devrient GmbH, IDEMIA, Infineon Technologies AG, KORE Wireless Group Inc. and NXP Semiconductor N.V..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apple Inc
  • Etisalat
  • IDEMIA
  • KORE Wireless Group Inc.
  • NXP Semiconductor N.V.
  • STMicroelectronics

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

TABLE 1: World Recent Past, Current & Future Analysis for eSIM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 2: World 7-Year Perspective for eSIM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for M2M by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 4: World 7-Year Perspective for M2M by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 5: World Recent Past, Current & Future Analysis for Smartphones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 6: World 7-Year Perspective for Smartphones by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 7: World Recent Past, Current & Future Analysis for Connected Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 8: World 7-Year Perspective for Connected Cars by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 9: World Recent Past, Current & Future Analysis for Laptops & Tablets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 10: World 7-Year Perspective for Laptops & Tablets by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 11: World Recent Past, Current & Future Analysis for Wearables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 12: World 7-Year Perspective for Wearables by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 13: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 14: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 15: USA Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 16: USA 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

CANADA

TABLE 17: Canada Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 18: Canada 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

JAPAN

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
TABLE 19: Japan Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 20: Japan 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

CHINA

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
TABLE 21: China Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 22: China 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

EUROPE

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 23: Europe Recent Past, Current & Future Analysis for eSIM by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 24: Europe 7-Year Perspective for eSIM by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
TABLE 25: Europe Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 26: Europe 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

FRANCE

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
TABLE 27: France Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 28: France 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

GERMANY

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
TABLE 29: Germany Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 30: Germany 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

ITALY

TABLE 31: Italy Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 32: Italy 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

UNITED KINGDOM

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
TABLE 33: UK Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 34: UK 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

REST OF EUROPE

TABLE 35: Rest of Europe Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 36: Rest of Europe 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

ASIA-PACIFIC

  • eSIM Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 37: Asia-Pacific Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 38: Asia-Pacific 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

REST OF WORLD

TABLE 39: Rest of World Recent Past, Current & Future Analysis for eSIM by Application - M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 40: Rest of World 7-Year Perspective for eSIM by Application - Percentage Breakdown of Value Revenues for M2M, Smartphones, Connected Cars, Laptops & Tablets, Wearables and Other Applications for the Years 2021 & 2027

IV. COMPETITION

  • Total Companies Profiled: 38
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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.
Note: Product cover images may vary from those shown