Global E-SIM Card Market: Snapshot
The global E-SIM card market is rising steadily due to the several
advantages of E-SIM card over conventional SIM cards. E-SIM card
allows changing mobile network operator at a few clicks, a feature
distinct to them. For instance, ability to switch network providers
over the air in machine to machine systems such as smart meters and
connected cars has substantial advantages in terms of reducing
logistics and operational costs.
The compact design of E-SIM and standardization of technical
specifications for Embedded SIM technology is another distinct
feature that sets E-SIM cards apart from conventional SIM cards. This
is because Embedded SIM technology is standardized by Groupe Speciale
Mobile Association, which comprises more than 800 mobile operators
worldwide. Further, compact design of E-SIM cards is advantageous to
original equipment manufacturers for increasing the battery size or
to provide additional storage in electronic devices.
Browse The Report:
http://www.transparencymarketresearch.com/e-sim-card-market.html
A report by Transparency Market Research predicts the global E-SIM
card market to rise at a healthy 13.5% CAGR between 2017 and 2025.
Progressing at this rate, the market is anticipated to display an
opportunity of US$14,613.1 mn by 2025 increasing from US$4,095.6 mn
in 2016.
Smartphones Application Segment to Display Leading CAGR until
2025
In terms of application, the global E-SIM card market has been
segmented into machine to machine (M2M), wearable and companion
devices, smartphones, and tablets and laptops. The segment of M2M,
among these, contributed the leading revenue contribution in 2016.
M2M is further sub-segmented into connected cars, utility, and
others. Of them, connected cars is expected to expand at a CAGR of
over 15% between 2017 and 2025 backed by the rising adoption of E-SIM
card in the automotive industry for weather information and
infotainment.
The commercialization of Embedded SIM for smartphones is expected in
2019. The segment is expected to rise at a robust CAGR of
26.3%between 2019 and 2025.
Asia Pacific to Exhibit Leading CAGR between 2017 and 2025
The key segments into which the global E-SIM card is divided based on
geography are North America, Asia Pacific, Europe, Middle East and
Africa, and South America. In 2016, Europe stood as the leading
revenue generation region and is expected to display substantial CAGR
over the forecast period. The supremacy of the region is due to the
favorable government initiatives for the implementation of “Industry
4.0” technology and solutions. The U.K., France, and Germany are
the leading revenue contributors to the Europe E-SIM card market.
North America held the second-leading revenue share in the global
market in 2016 with the U.S. contributing the leading revenue. The
region is expected to display significant growth over the forecast
period. The increased adoption of technology as well as home to key
industry players is driving the growth of this regional market.
Asia Pacific, amongst all, is expected to rise with the leading CAGR
over the forecast period. The growth of this region is backed by the
rising adoption of embedded SIM technology in M2M devices across
several countries such as China and Japan.
South Africa and Gulf Cooperation Council are the leading revenue
generating regions in the Middle East and Africa. The E-SIM card
market in South America is driven by the rising adoption of embedded
SIM in utilities to provide smart metering solutions. Brazil is the
leading revenue contributing domestic market to the E-SIM card market
in the region.
Some prominent players operating in the global E-SIM card market
profiled in this report are Apple Inc., Samsung, Gemalto N.V.,
Giesecke & Devrient GmbH, NTT DOCOMO Inc., OT-Morpho, Telefonica
S.A., Deutsche Telekom AG, Sierra Wireless Inc., and ST
Microelectronics.
About Us
Transparency Market Research
(TMR) is a next-generation provider of syndicated research,
customized research, and consulting services. TMR’s global and
regional market intelligence coverage includes industries such as
pharmaceutical, chemicals and materials, technology and media, food
and beverages, and consumer goods, among others. Each TMR research
report provides clients with a 360-degree view of the market with
statistical forecasts, competitive landscape, detailed segmentation,
key trends, and strategic recommendations
U.S. Office
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free:
866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
www.transparencymarketresearch.com
No comments:
Post a Comment