ESIM Market Analysis, Growth Drivers, Overview By 2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The eSIM by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The eSIM Market:
https://www.thebusinessresearchcompany.com/report/esim-global-market-report

According to The Business Research Company’s eSIM, The esim market size has grown rapidly in recent years. It will grow from $9.69 billion in 2023 to $11 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%.  The  growth in the historic period can be attributed to increasing adoption of iot devices, rising mobile connectivity needs, globalization and cross-border connectivity, security and authentication requirements, demand for compact and integrated solutions.The esim market size is expected to see rapid growth in the next few years. It will grow to $17.91 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.

The rising demand for connected cars is expected to drive the growth of the eSIM market. Connected cars, equipped with internet connectivity and integrated communication technologies, rely on eSIM (embedded SIM) technology for seamless and remote management of cellular connectivity. This facilitates various features, including over-the-air updates, real-time navigation, and vehicle tracking, without the need for physical SIM card replacement.For example, according to Sierra Circuits, a US-based electronics manufacturer, the global connected car market is projected to experience a Compound Annual Growth Rate (CAGR) of 21.75% during the forecast period, reaching a revenue of $156.5 billion by 2025 (as of June 2021). This growth is indicative of the increasing demand for connected car features and the integral role of eSIM technology in enabling such connectivity solutions. Therefore, the surge in demand for connected cars is a key driver for the eSIM market.

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The esim market covered in this report is segmented –
1) By Solution: Hardware, Connectivity Services
2) By Application: Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables, Other Applications
3) By Verical: Automotive, Consumer Electronics, Energy And Utilities, Manufacturing, Retail, Transportation And Logistics

Top Major Players

Infineon Technologies AG,

NXP Semiconductors N.V,

Samsung Group,

STMicroelectronics,

CEC Huada Electronic Design Co Ltd. 

The esim market report table of contents includes:
           1. Executive Summary

2. ESIM Market Characteristics
3. ESIM Market Trends And Strategies
4. ESIM Market – Macro Economic Scenario
5. Global ESIM Market Size and Growth
6. ESIM Market Segmentation
7. ESIM Market Regional And Country Analysis

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33. Key Mergers And Acquisitions In The ESIM Market
34. ESIM Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global ESIM Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global ESIM Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global ESIM Market, Segmentation By Verical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

………….

Table 74: Infineon Technologies AG Financial Performance

Table 75: NXP Semiconductors N.V Financial Performance

Table 76: Samsung Group Financial Performance

Table 77: STMicroelectronics Financial Performance

Table 78: CEC Huada Electronic Design Co Ltd Financial Performance

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