Esim Market Scope And Analysis

Report Code : TIPTE00002282
Category : Electronics and Semiconductor

No. of Pages : 150

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eSIM Market Analysis, Scope, and Growth by 2031

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eSIM Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 849.33 Million
Market Size by 2031	US$ 7,238.61 Million
Global CAGR (2023 - 2031)	30.7%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Application Connected Cars Laptops and Tablets M2M Smartphones Wearables By Vertical Automotive Energy and Utilities Manufacturing Retail Consumer Electronics Transportation and Logistics
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	DEUTSCHE TELEKOM AG Gemalto N V GieseckeDevrient GmbH IDEMIA INFINEON TECHNOLOGIES AG NXP SEMICONDUCTORS N V Sierra Wireless Inc STMicroelectronics N V TELEF NICA S A VODAFONE GROUP PLC

eSIM Market News and Recent Developments

The eSIM market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for eSIM and strategies:

In February 2023, Amdocs Ltd collaborated with Drei Austria to launch an innovative eSIM solution, allowing the Austrian operator’s customers to enjoy the benefits of digital eSIM technology in a purely app-based experience. Drei Austria customers who use the up³ app can now manage their eSIM on devices produced by Apple, Google, Samsung, and more. (Source: Amdocs Ltd, Press Release, 2023)
In December 2022, Grover announced the launch of its own mobile virtual network operator (MVNO) for tech rental customers, Grover Connect, in the US. With Grover Connect, US customers can easily activate any eSIM enabled technology device without any friction. The Grover eSIM is available to customers at check-out in the US and will be rolled out to its European markets in the near future. (Source: Grover, Press Release, 2022)
In October 2022, Bharti Airtel Ltd launched “Always On” IoT connectivity solution in India. Airtel’s “Always On” solution comprises dual profile M2M eSim which allows an IOT device to always stay connected to a mobile network from different Mobile Network Operators (MNOs) in the eSIM. Airtel's solution is an AIS-140 compliant, dual profile M2M eSim, best suited for vehicle tracking providers, auto manufacturers, and any use-cases where equipment works in remote locations requiring ubiquitous connectivity. (Source: Bharti Airtel Ltd, Press Release, 2022)

eSIM Market Report Coverage and Deliverables

The “eSIM Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles