Global eSIM Market 2022-2026

Global eSIM Market 2022-2026

Technavio has been monitoring the eSIM market and it is poised to grow by 4.22 trillion units during 2022-2026, decelerating at a CAGR of 21.08% during the forecast period. Our report on the eSIM market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by large-scale benefits of using IoT devices, emphasis on remote SIM provisioning for M2M, and growing demand for smart solutions.

The eSIM market analysis includes the application segment and geographic landscape.

Technavio's eSIM market is segmented as below:

By Application

• Automotive
• CP
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the growing awareness of wearable devices as one of the prime reasons driving the eSIM market growth during the next few years. Also, autonomous driving and increase in mobile computing devices will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on eSIM market covers the following areas:

• eSIM market sizing
• eSIM market forecast
• eSIM market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading eSIM market vendors that include Arm Ltd., AT and T Inc., Cisco Systems Inc., Deutsche Telekom AG, Giesecke Devrient GmbH, IDEMIA, Infineon Technologies AG, KDDI Corp., KORE Wireless Group Inc., Nippon Telegraph and Telephone Corp., NXP Semiconductors NV, Redtea Mobile, Samsung Electronics Co. Ltd., Sierra Wireless Inc., STMicroelectronics NV, Telefonica SA, Telenor Group, Telit Communications Plc, Thales Group, and Truphone Ltd. Also, the eSIM market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.