Embedded Sim Market Size, Product Trends, Key Companies

The Global Embedded Sim market drivers and restraints Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

The embedded sim (eSIM) market is forecasted to grow exponentially over the forecast timeframe owing to the growing adoption of IoT connected devices in manufacturing. The rising implementation of smart solutions across the globe is expected to further propel the market growth. Furthermore, the growing government initiatives to implement electric vehicle is expected to augment the market growth as eSIM has several advanced functionalities in electric vehicles.

However, the factor that is expected to restrain the market growth over the forecast period is the higher cost than conventional SIM.

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Some Key Highlights from the Report

• In February 2018, NXP Semiconductors N.V. launched an innovative eSIM solution, SN100U. The most advanced “all-in-one” chipset in the world, incorporating NFC, Secure Element, and eSIM, and the 40 nm Secure element of SU070, provides digital wallet protection and eSIM solutions. With the introduction of this solution, NXP will strengthen its position globally.
• Over the forecast timeframe, the connectivity service segment is anticipated to dominate the market with a CAGR of 30.2%, as connectivity services include services to mobile network operators to ensure stable and efficient end-user network connection.
• Due to the various advantages of eSIM for Machine to Machine communication, the Machine to Machine segment is expected to hold the largest market in the forecast period.
• The consumer electronics segment is anticipated to hold the largest market owing to the wide use of eSIM due to its enhanced protection and connectivity, and greater reliability.
• Due to the rapid implementation of smart grids and other advanced technologies, North America is anticipated to hold the largest market over the forecast period. Due to the presence of a major market player in Europe is projected to experience substantial growth over the forecast period.
• Key participants include KORE Wireless Group Inc., Giesecke+Devrient Mobile Security GmbH, Arm Limited, Gemalto NV, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V., Deutsche Telekom AG, Sierra Wireless Inc., and Vodafone Group Plc among others.

Emergen Research has segmented the global Embedded SIM (eSIM) Market on the basis of solution, application, end-use, and region:

Solution Outlook (Revenue, USD Million; 2017-2027)

• Hardware
• Connectivity Services

Application Outlook (Revenue, USD Million; 2017-2027)

  Smartphones

  Laptops

  Wearables

  Connected Cars

  Machine to Machine

  Others

End-Use Outlook (Revenue, USD Million; 2017-2027)

  Energy & Utilities

  Automotive

  Retail

  Manufacturing

  Transportation & Logistics

  Consumer Electronics

Regional Outlook (Revenue, USD Million; 2017-2027)

  North America

1. S.
2. Canada
3. Mexico

  Europe

1. Germany
2. UK
3. France
4. BENELUX
5. Rest of Europe

  Asia Pacific

1. China
2. Japan
3. South Korea
4. India
5. Rest of APAC

  Latin America

1. Brazil
2. Rest of LATAM

  MEA

1. Saudi Arabia
2. UAE
3. Rest of MEA

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