eSIM Market – Global Industry Analysis and Forecast (2017-2024)
eSIM Market is expected to grow from USD 137.09 Million in 2016 to USD 1146.11 Million by 2024, at a CAGR of 30.4% between 2017 and 2024. (Detailed analysis of the market CAGR is provided in the report)
eSIM market is segmented on the basis of Application, Vertical, and Geography. Lower costs of connected products, a growing emphasis on remote SIM provisioning for M2M, favorable government regulations boosting M2M communication, an increase in the number of connected devices, and an improved customer experience with greater flexibility are the major factors driving the growth of the eSIM market.
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However, security risks while exposing credentials of mobile network operators to the virtual environment are the key restraining factor for the growth of the eSIM market.
Further key findings from the report:
• the eSIM market for consumer electronics vertical is anticipated to dominate the market between 2017 and 2024. Growing social engagement activities across the world, growing adoption of high-speed data transfer technologies such as 4G and 5G, and developmental technological advancements are the major factors contributing to the growth of this market in this segment
• From the application segment, the eSIM market for smartphone application is expected to witness highest growth rates during the forecast period. Growing persistent connectivity on smartphones, rising demand for high bandwidth applications, and growing competition in the market are the key factors driving the eSIM market growth for smartphone applications
• Among geographical regions, North America is anticipated to dominate the eSIM market by 2024. Growing adoption of technological advancements across a myriad of verticals, such as energy and utilities, consumer electronics, manufacturing, and transportation & logistics in North America is expected to drive the market in this region. Additionally, development and evolution of M2M technology in North America is further expected to drive the eSIM market in this segment
Key Highlights:
• Analysis of competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the eSIM Market
• The objective of the report is to provide a detailed analysis of the eSIM Market on the basis of application, vertical, and geography
• Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Analysis of the eSIM Market with respect to individual growth trends, prospects, and contribution to the total market
• Segment wise business performance detailed in the report will be worthwhile for the organizations willing to enhance its business
• Provides detailed information regarding the major factors influencing the growth of the eSIM Market (drivers, restraints, opportunities, and challenges)
• This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2024
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
Research Methodology
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about eSIM Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the eSIM Market globally.
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Key Players in the eSIM Market Are:
• Gemalto
• Infineon Technologies
• Stmicroelectronics
• Giesecke & Devrient
• Deutsche Telekom
• NXP Semiconductors
• NTT Docomo
• Telefónica
• Singtel
• Apple
Key Target Audience:
• SIM card manufacturers
• Original design manufacturers (ODMs)
• Original equipment manufacturers (OEMs)
• Mobile network operators (MNOs)
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals
Scope of the report:
Research report categorizes the eSIM Market based on application, vertical, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the eSIM Market with key developments in companies and market trends.
eSIM Market, By Application:
• Smartphones
• Tablets
• Connected Cars
• Wearables
• Laptops
• M2M
eSIM Market, By Vertical:
• Automotive
• Consumer Electronics
• Energy & Utilities
• Transportation & Logistics
• Retail
• Manufacturing
eSIM Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
MAJOR TOC OF THE REPORT
Chapter One: eSIM Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global eSIM Market Competition, by Players
Chapter Four: Global eSIM Market Size by Regions
Chapter Five: North America eSIM Revenue by Countries
Chapter Six: Europe eSIM Revenue by Countries
Chapter Seven: Asia-Pacific eSIM Revenue by Countries
Chapter Eight: South America eSIM Revenue by Countries
Chapter Nine: Middle East and Africa Revenue eSIM by Countries
Chapter Ten: Global eSIM Market Segment by Type
Chapter Eleven: Global eSIM Market Segment by Application
Chapter Twelve: Global eSIM Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of eSIM Market Report at: https://www.maximizemarketresearch.com/market-report/global-esim-market/3132/
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