Global Travel eSIM Market Growth (Status and Outlook) 2024-2030
A travel eSIM is a digital SIM card that allows travellers to easily connect to local mobile networks while abroad without having to physically change their SIM card. This technology enables travellers to stay connected, make calls, send messages, and use data without incurring expensive roaming charges. Travel eSIMs can be easily downloaded and activated on compatible devices, providing a convenient and cost-effective solution for staying connected while traveling.
Advantages of Travel eSIM:
1. Convenience: Travel eSIM allows travellers to easily switch between different mobile networks without having to physically change SIM cards.
2. Cost-effective: Travel eSIM can often be more cost-effective than traditional roaming plans, as users can easily purchase local data plans for specific countries they are visiting.
3. Flexibility: Travel eSIM offers flexibility in terms of data plans and network options, allowing travellers to choose the best option for their needs.
4. Easy activation: Travel eSIM can be easily activated and set up on compatible devices, without the need to visit a physical store or wait for a SIM card to be delivered.
Disadvantages of Travel eSIM:
1. Limited compatibility: Not all devices support eSIM technology, which can limit the availability of travel eSIM options for some travellers.
2. Network coverage: Travel eSIM may not offer the same level of network coverage as traditional SIM cards, especially in remote or rural areas.
3. Data restrictions: Some travel eSIM plans may have data restrictions or limitations, which could result in additional charges if users exceed their data limits.
4. Security concerns: There may be security concerns associated with using eSIM technology, such as the risk of hacking or unauthorized access to personal information.
The global Travel eSIM market size is projected to grow from US$ 357 million in 2024 to US$ 736 million in 2030; it is expected to grow at a CAGR of 12.8% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Travel eSIM Industry Forecast” looks at past sales and reviews total world Travel eSIM sales in 2022, providing a comprehensive analysis by region and market sector of projected Travel eSIM sales for 2023 through 2029. With Travel eSIM sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Travel eSIM industry.
This Insight Report provides a comprehensive analysis of the global Travel eSIM landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Travel eSIM portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Travel eSIM market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Travel eSIM and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Travel eSIM.
The core manufacturers of global Travel eSIM include Holafly, Airalo and Simify. The top three companies have a market share of about 43%. Asia Pacific is the world's largest Travel eSIM market with a market share of around 40%, followed by North America and Europe with a market share of 28% and 20%, respectively. In terms of product type, 4G is the largest segment with approximately 74% market share. In terms of application, Leisure Travel is the largest downstream segment, accounting for about 67% of the market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Travel eSIM market by product type, application, key players and key regions and countries.
Segmentation by Type:
4G
5G
Segmentation by Application:
Business Travel
Leisure Travel
Study Abroad
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
4G
5G
Segmentation by Application:
Business Travel
Leisure Travel
Study Abroad
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Holafly
Airalo
Bouygues Telecom
Ubigi
Vodafone
Matrix Cellular
Airhub
Flexiroam
Sakura Mobile
Sim Local
Drimsim
Mayamobile
TravelSim
Simify
Sim Options
OneSimCard(Belmont Telecom Inc)
BNESIM
TSimTech
Sparks
AloSIM
eSIM Japan
GoMoWorld
Please note: The report will take approximately 2 business days to prepare and deliver.