E-SIM Market Trends, As Per MRFR Study Regions, Demand and Developments Profiles, Regional Study, COVID – 19 Impact By Forecast - 2027
Market Scenario:
Market Research Future
(MRFR) discuss factors that can impact the e-SIM
Market Trends 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 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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