e-SIM Card Market, Insights Demographic Market By Research Industry, By Growth By Demographic Research, COVID – 19 Outbreak, Business Trends, Research Report by Forecast 2027
Market Scenario:
Market
Research Future (MRFR) discuss factors that can impact the e-SIM Card Market 2020 share across different region. The e-SIM Market Share is studied
using modern research techniques. The post coronavirus scenario of the market
and the current influence of COVID on the e-SIM market are elaborated in
the report. As per MRFR study, the global E-SIM market value can touch
USD 913.9 Mn by 2024. The eSIM global market can rise at 28.0% CAGR across
the forecast period (2018–2024).
The COVID-19 pandemic
disruption is estimated to transform thee-SIM Market Size market in the years
to come drastically, and its after-effects will be persistently seen in the
years ahead. The MRFR report on thee-SIM Market Size market meticulously tracks
the COVID-19 pandemic effect for the years ahead. Moreover, the precise
analysis of drivers and restraints in a post-COVID-19 market offers a coherent
understanding of future growth cues.
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Segmentation:
The segment study of the
e-SIM market is done based on end user. The end-user-based segments of the
e-SIM market are manufacturing, retail, automotive, consumer electronics,
energy & utilities, and transportation & logistics. The consumer
electronics segment is likely to generate revenue above USD 76.7 Mn on the conclusion
of the evaluation period. The manufacturing segment accounted for a substantial
share of the market in the study years. The segment can rise at significant
CAGR in the forecast period owing to the rise in the implementation of IoT
industrial solutions.
Regional
Analysis:
In North America, the
eSIM market can hold the largest share and is likely to retain its hegemony
throughout the assessment period. The chief factor that can drive the expansion
of North America e-SIM market across the assessment period is the rise in the
adoption of IoT-based smart factories. The high support obtained from network
operators to rise e-SIM standards is another factor that can rise the growth of
the eSIM market in the study period.
In Asia Pacific, the eSIM
market can rise at the highest pace with a 29.4% CAGR in the forecast
period. The existence of major eSIM players across India, China, South Korea,
Japan, and Hong Kong can support the rise of the expansion of the market in the
years to come. Potential network providers in India, such as NTT Docomo, Inc.
Airtel, and Reliance Jio among others are introducing effective innovations
that can prompt the expansion of the regional market. The expansion of their
services offered by other reputed network providers in the Asia Pacific region
can prompt the rise of the regional market.
In Europe, the rise of
the eSIM market in the UK, followed by Spain, Germany, and the rest of Europe,
is likely at a high growth pace. Major factors that can cause the rise of the
market are the existence of a numerous platform vendors capable of providing
the underlying hardware requirements for eSIM integration.
Competitive Outlook:
MRFR
identified some prominent players in the eSIM market. They are
STMicroelectronics (Switzerland), Gemalto NV (Netherlands), NXP Semiconductors
(Netherlands), Infineon Technologies AG (Germany), Giesecke+Devrient GmbH
(Germany), NTT Docomo, Inc. (Japan), Telefonica S.A. (Spain), Deutsche Telekom
AG (Germany), Sierra Wireless., (Canada), and Singtel (Singapore).
Industry News
The global E-SIM Market
Trends has been affected due to the lockdown across the regions. This pandemic
situation has hampered the E-SIM Market Growth as well as its productivity,
supply chain, and others. Moreover, the global market has lost its investors
due to the increasing loss for the products, supply, transportation, workforce,
and others. However, in the meantime, the key market players have implied
various strategic techniques to boost global market growth. Thus, to meet the
global market demands, the global market increased its speed in producing more
valuable products for its intended customers. Recently, the global market has
stabilized its position in the global market and is expected to register a
higher E-SIM Market Size for the forecast period.
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Full Report Details @ https://www.marketresearchfuture.com/reports/esim-market-6619
1 Executive
Summary
2 Scope
of the Report
2.1 Market
Definition
2.2 Scope of the
Study
2.2.1 Research
objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
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About
Market Research Future:
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