Global E-Sim Market, 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), Pricing Models (Pay As You Go Sims and Pay Monthly Sims), Network Type (Public, Private), Deployment Model (On Premises and Cloud), Application (M2M, Consumer Electronics), End-User (Consumer Electronics, Automotive, Manufacturing, Retail, Energy and Utilities, Transportation and Logistics, Residential, Sports and Entertainment, Agriculture, and others) – Industry Trends and Forecast to 2031.
E-SIM Market Analysis and Size
The e-sim market presents a shift in connectivity, allowing electronic devices instant activation and offering users the flexibility to acquire local pre-paid numbers while traveling, circumventing high roaming charges. This rewritable e-sim technology streamlines logistics for service providers by eliminating physical SIM cards management at the customer's end.
Data Bridge Market Research analyses the global E-Sim market, which was USD 1.21 billion in 2023, is expected to reach USD 3.52 billion by 2031, at a CAGR of 14.30% during the forecast period 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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), Pricing Models (Pay As You Go Sims and Pay Monthly Sims), Network Type (Public, Private), Deployment Model (On Premises and Cloud), Application (M2M, Consumer Electronics), End-User (Consumer Electronics, Automotive, Manufacturing, Retail, Energy and Utilities, Transportation and Logistics, Residential, Sports and Entertainment, Agriculture, and others).
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Countries Covered
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U.S., Canada, and Mexico, China, Japan, India, Philippines, South Korea, Australia and New Zealand, Singapore, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, Rest of Asia-Pacific, U.K., Germany, France, Italy, Netherlands, Spain, Switzerland, Russia, Sweden, Denmark, Belgium, Turkey, Poland, Norway, Estonia, Rest of Europe, Saudi Arabia, U.A.E., Algeria, Egypt, Morocco, Tunisia, Israel, South Africa, Ethiopia, Namibia, Nigeria, Uganda, Kenya, Zambia, Mauritius, Angola, and Rest of Middle East and Africa, Brazil, Argentina and rest of South America.
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Market Players Covered
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Telefonica S.A. (Spain), Semtech Corporation (U.S.), Giesecke+Devrient GmbH (Germany), AT&T Intellectual Property (U.S.), Orange (France), Arm Limited (U.K.), KORE Wireless (U.S.), Workz (U.A.E.), Oasis SmartSIM (U.A.E.), Vodafone Group (U.K.), STMicroelectronics (Switzerland), Thales (France), Deutsche Telekom AG (Germany), NXP Semiconductors (Netherlands), Infineon Technologies AG (Germany), Telit (U.K.), IDEMIA (France), Sinch (Sweden), Singtel (Singapore), Etisalat (U.A.E.)
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Market Opportunities
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Market Definition
An embedded subscriber identity module (eSIM) is a digital SIM card embedded within a device, eliminating the need for a physical SIM card. It allows users to remotely activate and switch between mobile networks without changing physical cards. E-SIM technology simplifies device management, facilitates seamless connectivity, and is commonly used in smartphones, smartwatches, and other IoT devices.
Global E-SIM Market Dynamics
Drivers
- Increasing Adoption of IoT Devices for Seamless Connectivity
As IoT devices become ubiquitous, eSIM technology provides seamless connectivity by eliminating the need for physical SIM cards. This trend is particularly impactful in diverse sectors such as smart cities, healthcare, and automotive, where connected devices rely on efficient, remote, and scalable connectivity. The eSIM's capability to facilitate easy device activation, management, and switching between mobile networks enhances user experience, fostering a robust demand for eSIM solutions in the expanding landscape of IoT-connected devices worldwide.
- Increasing Demand for Connected Cars in the Automobile Industry
As vehicles increasingly integrate advanced connectivity features, eSIM technology becomes essential for seamless and secure communication between vehicles and external networks. E-SIMs enable real-time data exchange, supporting functions such as navigation, remote diagnostics, and over-the-air software updates. This rising demand aligns with the automotive industry's pursuit of smart and connected vehicles, positioning eSIMs as a critical component for ensuring reliable and efficient communication, driving substantial growth in the global eSIM market.
Opportunities
- Enhanced Global Connectivity for Travelers
As travelers increasingly demand seamless and flexible connectivity across borders, eSIM technology provides a streamlined solution for managing mobile subscriptions without physical SIM cards. This trend aligns with the growing prevalence of IoT devices, smartwatches, and smartphones, driving the adoption of eSIMs for convenient, on-the-go connectivity. The eSIM market stands to benefit from the expanding global travel ecosystem, offering travelers the freedom to switch carriers easily and access data services worldwide, contributing to the technology's widespread integration and market growth.
- Growing Demand by Telecom Operators for Enhanced Operational Efficiency
Telecom operators seeking operational efficiencies and cost savings position it to benefit from the increased adoption. E-SIM technology allows for remote SIM provisioning, reducing the need for physical SIM cards and streamlining the activation process. This enhances operational efficiency for telecom operators contributes to cost savings, making E-SIMs an attractive solution for modernizing and optimizing telecom networks on a global level.
Restraints/Challenges
- Regulatory Challenges Associated with Diverse Requirements for E-SIM Deployment
Inconsistent regulations across different regions and countries pose hurdles for standardization and compliance, impeding the smooth integration of E-SIM technology. These regulatory complexities create obstacles for manufacturers, hampering interoperability and overall market expansion.
- Incompatibility Issues Associated with Lack of Standardized Protocols
The absence of universally adopted standards hinders seamless integration and interoperability among devices and networks, leading to complications in eSIM implementation. This challenge complicates user experiences and presents barriers for manufacturers and service providers aiming for widespread adoption.
This global E-Sim market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the E-Sim market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In May 2023, Lonestar Cell MTN introduced eSIM technology in Liberia, enabling subscribers to effortlessly switch to eSIM-compatible devices by scanning a QR code at service centers, eliminating the need for physical SIM card removal
- In March 2023 saw the launch of Gcore's Zero-Trust 5G eSIM Cloud platform, providing organizations globally with a secure and high-speed networking solution. Gcore's software-defined eSIM facilitates secure connections to remote devices, corporate resources, or Gcore's cloud platform through regional 5G carriers
- In February 2023, Giesecke+Devrient (G+D) and NetLync introduced AirOn360 ES, empowering Mobile Network Operators to deploy entitlements such as seamless SIM transfer on iPhones. This advancement simplifies digital activation processes and allows users to easily connect or transfer existing plans digitally, supporting multiple cellular plans on a single device
- In February 2023, Amdocs and Drei Austria collaborated to launch a groundbreaking eSIM solution. Drei Austria customers can now experience a fully app-based digital SIM journey using Amdocs' eSIM technology, enhancing connectivity through the innovative "up" app
- In January 2022, IDEMIA announced a collaboration with Microsoft to provide next-generation E-SIM connectivity services. This collaboration aims to expand connectivity offerings for consumer and M2M/IoT devices, enhancing IDEMIA's position in the market and improving its customer base
Global E-SIM Market Scope
The global E-Sim market is segmented into component, connectivity, data plan, pricing model, network type, deployment mode, application and end-user. The growth amongst these segments will help you analyse 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
Connectivity
- Voice, SMS AND Data
- Data Only
Data Plan
- 2GB-5GB
- 5GB-10GB
- 10GB-25GB
- Less Than 2GB
- More Than 25GB
Pricing Model
- Pay As You Go Sims
- Pay Monthly Sims
Network Type
- Private
- Public
Deployment Mode
- Cloud
- On Premises
Application
- Consumer Electronics
- Mobile phones
- Tablets
- Laptops
- Wearables
- Smart meters
- IoT
- M2M
- Automotive
- Smart Meter
- Logistics
- Others
End-User
- Consumer Electronics
- Automotive
- Manufacturing
- Retail
- Energy and Utilities
- Transportation and Logistics
- Residential
- Sports and Entertainment
- Agriculture
- Others
Global E-SIM Market Regional Analysis/Insights
The global E-Sim market is analysed and market size insights and trends are provided by country, component, connectivity, data plan, pricing model, network type, deployment mode, application and end-user as referenced above.
The countries covered in the global E-Sim market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global eSIM market, due to the growing influx of new businesses. The region's robust economic landscape fosters a thriving environment for startups and enterprises, leading to an increased adoption of eSIM technology. The growing number of businesses in North America underscores the region's pivotal role in shaping the trajectory of the global eSIM market, leveraging advanced connectivity solutions for enhanced operational efficiency and flexibility.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global E-SIM Market Share Analysis
The global 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, global 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 global E-Sim market.
Some of the major players operating in the global E-Sim market are:
- Telefonica S.A. (Spain)
- Semtech Corporation (U.S.)
- Giesecke+Devrient GmbH (Germany)
- AT&T Intellectual Property (U.S.)
- Orange (France)
- Arm Limited (U.K.)
- KORE Wireless (U.S.)
- Workz (U.A.E.)
- Oasis SmartSIM (U.A.E.)
- Vodafone Group (U.K.)
- STMicroelectronics (Switzerland)
- Thales (France)
- Deutsche Telekom AG (Germany)
- NXP Semiconductors (Netherlands)
- Infineon Technologies AG (Germany)
- Telit (U.K.)
- IDEMIA (France)
- Sinch (Sweden)
- Singtel (Singapore)
- Etisalat (U.A.E.)
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