Europe Esim Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 1.36 Billion |
Market Size (Forecast Year) |
USD 2.25 Billion |
CAGR |
|
Major Markets Players |
Europe E-Sim Market Segmentation, By Component (Hardware, Services), Connectivity (Voice, SMS and Data and Data Only), Data Plan (2GB-5GB, 5GB-10GB, 10GB-25GB, Less Than 2GB, and More Than 25GB), Architecture (M2M E-SIM Architecture and Consumer Electronics E-SIM Architecture), Pricing Models (Pay As You Go Sims and Pay Monthly Sims), Network Type (Public, Private), Deployment Model (On Premises and Cloud), Compatible Device (Mobile Phones, Tablets, Laptops, Wearables, Smart Meters, and IoT), End-User (Consumer Electronics, Automotive, Manufacturing, Retail, Energy and Utilities, Transportation & Logistics, Residential, Sports & Entertainment, Agriculture, and other), Industry Trends and Forecast to 2031
Europe E-SIM Market Analysis
The E-Sim allows an electronic device to be used as soon as it is switched on. As the E-Sim is rewritable, the end-user can also pick up a local pre-paid phone number when travelling abroad, avoiding premium roaming fees. For service providers, logistics and support are simplified, no more SIM cards to manage at the customer's level. E-Sim carriers, E-Sim extends mobile connectivity to many new consumer-connected devices, creating new business opportunities. The device makers, OEMs and designers, new devices can be smaller, more dust-resistant, and waterproof. Embedded sim (E-Sim) technology actually makes switching carriers even easier.
Europe E-SIM Market Size
Europe e-sim market size was valued at USD 1.36 billion in 2023 and is projected to reach USD 2.25 billion by 2031, with a CAGR of 6.5% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
E-SIM Key Market Insights |
Segmentation |
|
Countries Covered |
U.K., Germany, France, Italy, Netherlands, Spain, Switzerland, Russia, Sweden, Denmark, Belgium, Turkey, Poland, Norway, Estonia, Rest of Europe. |
Key Market Players |
Telefónica, Semtech Corporation, Giesecke+Devrient GmbH, AT&T, Orange, Arm Limited, KORE Wireless, Workz, Oasis Smart-SIM, Vodafone Group, STMicroelectronics, Thales, Deutsche Telekom AG, NXP Semiconductors, Infineon Technologies AG, Telit, IDEMIA, TP Europe Operations Limited, Sinch, Singtel, Etisalat, among others. |
Europe E-SIM Market Definition
An embedded SIM, or E-Sim, is a small chip component that cannot be removed. It’s a programmable SIM card that’s physically connected in smartphone’s motherboard. E-Sim cards are found in a wide range of consumer products, such as smartphones, wearables, and computers. They are also included in smart meters, medical IoT devices, home automation, security systems, connected cars, IoT asset tracking devices, and handheld POS (Point of Sales) systems.
Europe E-Sim Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rapid Adoption of IoT-Connected Devices in Consumer Electronics and M2m Applications
IoT devices, which include numerous devices on the Internet of things, are nonstandard computing devices that may connect wirelessly to a network and transmit data (IoT). IoT entails expanding internet connectivity to a variety of conventionally "dumb" or non-internet-enabled physical items and daily things in addition to regular devices, including desktops, laptops, smartphones, and tablets. These gadgets may connect and communicate online since they are technologically embedded. They can also be watched over and managed from a distance.
- Increasing Demand FOR Connected Cars in the Automobile Industry
Traffic control is another common area where M2M communication can be seen. A traffic system collects data related to the speed and volume of the traffic with the help of various sensors and sends this information across the computers that control the devices, such as signals and lights. The cameras installed on the traffic signals also collect data about the vehicles not following the traffic rules and send pictures to the software, which then sends challan receipts to the defaulters via the number registered in the traffic department. Through this, the entire information of the driver can be taken out, i.e., address, age, and sent challan directly to their phone number, no matter the driver's current location since E-Sim works Europe.
Opportunities
- Increasing Use of IoT and Launch of 5G Technology
E-Sim is considered a promising future to develop cognisant with IoT and 5G technology. There has been great awareness regarding the developments in E-Sim in the market among consumers. E-Sim is not just an evolution in SIM card technology from physical to digital; it is promised to have a great impact and value addition on the Internet of things (IoT). E-Sim has enabled many original equipment manufacturers (OEMs) to advance their products in building a range of products that are flexible and has Europe deployment, especially in Industrial IoT, which includes sensors, processors, systems, and platforms; E-Sim's will be used by businesses to create greater operational efficiencies and other industry-specific use cases.
- Growing Need for Innovative Consumer Electronics
Innovative product designs in consumer electronics, such as smartwatches, have created ample opportunities to adopt E-Sim technology on a mass scale. The sleek product designs, often needing to be fully sealed and waterproof, could not adequately accommodate traditional SIM cards and their SIM slots. E-Sims offered a seamless solution. The continued development of smart devices, such as tablets and smartphones with sleeker, smaller designs, will fuel the rise of E-Sim technology in consumer devices.
Restraints/Challenges
- Security Threats Associated with E-Sim
Nowadays, data security has become more important than ever, leaving many people curious about who handles data security. If the phone stops working, runs out of battery, or falls and gets a crack on its screen, communication is brought to a complete standstill with E-Sims. Traditional SIMs, meanwhile, can be quickly pulled out of the affected phone and into another backup device or secondary phone.
- Lack of Consumer Awareness
The E-Sim market continues to grow; while this is true, it has been found that consumer awareness about technology worldwide is significantly less. Things are moving fast for the E-Sim market to gain pace; many wireless device manufacturers are launching a product with embedded SIM cards. But for this market to gain real traction Europe, it will be of utmost importance for the consumers to become aware of the technology and its advantages. This poses a major challenge for the manufacturers to overcome for wide scale adoption.
Covid-19 Impact on Europe E-Sim Market
Covid-19 has had a negative impact on practically every business and industry. The commercial circumstances that Covid-19 has created are unprecedented, and various organizations are scrambling to react.
Covid-19's influence on the E-SIMS business is broad and multifaceted, and many E-SIMS firms are still undertaking changes to suit its consequences. The E-SIMS sector is extremely fortunate to be able to operate digitally, allowing E-SIMS firms to continue to operate with minimal health and safety risks for employees.
However, this does not imply that the E-SIMS industry adjustments have been simple to implement. Not every E-SIMS organization was built to allow team members to work remotely. In truth, the majority of E-SIMS firms operate from an office with dedicated equipment, software, and hardware.
E-SIMS firms have implemented a number of technological and digital innovations in order to maintain excellent virtual performance. The influence of Covid-19 on the E-SIMS business is far-reaching and important, and we'll go through some of the most significant changes in more detail below.
Europe E-Sim Market Scope
The Europe E-Sim market is segmented into nine notable segments, which are based on component, connectivity, data plan, pricing model, architecture, network type, deployment mode, compatible device, and end-user. The growth amongst these segments will help you analyses meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- HARDWARE
- SERVICES
On the basis of component, Europe E-Sim market is segmented into hardware, and services.
Connectivity
- VOICE, SMS AND DATA
- DATA ONLY
On the basis of connectivity, Europe E-Sim market is segmented into voice, sms and data, data only.
Data Plan
- 2GB-5GB
- 5GB-10GB
- 10GB-25GB
- LESS THAN 2GB
- MORE THAN 25GB
On the basis of data plan, Europe E-Sim market is segmented into 2GB-5GB, 5GB-10GB, 10GB-25GB, less than 2GB, more than 25GB.
Pricing Model
- PAY AS YOU GO SIMS
- PAY MONTHLY SIMS
On the basis of pricing model, Europe E-Sim market is segmented into pay as you go sims, pay monthly sims.
Architecture
- M2M E-SIM ARCHITECTURE
- CONSUMER ELECTRONICS E-SIM ARCHITECTURE
On the basis of architecture, Europe E-Sim market is segmented into m2m E-Sim architecture, consumer electronics E-Sim architecture.
Network Type
- Private
- Public
On the basis of network type, Europe E-Sim market is segmented into private and public.
Deployment Mode
- CLOUD
- ON PREMISES
On the basis of deployment mode, Europe E-Sim market is segmented into cloud, and on premises.
Compatible Device
- MOBILE PHONES
- TABLETS
- LAPTOPS
- WEARABLES
- SMART METERS
- IOT
On the basis of compatible device, Europe E-Sim market is segmented into mobile phones, tablets, laptops, wearables, smart meters, and IoT.
End-User
- CONSUMER ELECTRONICS
- AUTOMOTIVE
- MANUFACTURING
- RETAIL
- ENERGY AND UTILITIES
- TRANSPORTATION & LOGISTICS
- RESIDENTIAL
- SPORTS & ENTERTAINMENT
- AGRICULTURE
- OTHERS
On the basis of end-user, Europe E-Sim market is segmented into consumer electronics, automotive, manufacturing, retail, energy and utilities, transportation & logistics, residential, sports & entertainment, agriculture, and others.
Europe E-Sim Market Regional Analysis
The Europe E-Sim market is segmented into many notable segments, which are based on country, component, connectivity, data plan, pricing model, architecture, network type, deployment mode, compatible device, and end-user.
The country covered in Europe E-Sim market report are U.K., Germany, France, Italy, Netherlands, Spain, Switzerland, Russia, Sweden Denmark, Belgium, Turkey, Poland, Norway, Estonia and Rest of Europe.
U.K dominates region due to the market growing number of new businesses.
The region section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Europe E-Sim Market Share
Europe E-Sim market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Europe E-Sim market.
Europe E-Sim Market Leaders Operating in the Market Are:
- Telefónica
- Semtech Corporation
- Giesecke+Devrient GmbH
- AT&T
- Orange
- Arm Limited
- KORE Wireless
- Workz
- Oasis Smart-SIM
- Vodafone Group
- STMicroelectronics
- Thales
- Deutsche Telekom AG
- NXP Semiconductors
- Infineon Technologies AG
- Telit
- IDEMIA
- TP Europe Operations Limited
- Sinch
- Singtel
- Etisalat
Latest Developments in Europe E-Sim Market
- In January 2022, IDEMIA have announced collaboration with Microsoft to provide next generation E-Sim connectivity services. The collaboration will aim to expand their connectivity offering for consumer and M2M/IoT devices. This collaboration will help the company to advanced connectivity solutions for mobile operators in the market. This will help the company to improve their customer base.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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