eSim Market, Segment Research Study Leading Application Of Industry Business Opportunity, Regional Analysis, Application, Driver, Trends & Forecasts 2027
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. eSIM Market is projected to garner a valuation
of USD 5.71 Billion by 2030, registering a 31.4% CAGR during the forecast
period (2020–2030).
Market Research Future
(MRFR) discuss factors that can impact the eSIM
Market share across different
region. The e-SIM
Market Share is studied using modern
research techniques.
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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.
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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Market Research Future:
At Market Research Future
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