Global eSIM for Travel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global eSIM for Travel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An eSIM is a SIM card that is embedded in a mobile device and can connect you to any operator offering eSIM services. It is an evolution of the physical SIM card. More and more smartphones, smartwatches, tablets, and laptops are equipped with an eSIM card. The combination of eSIM and international travel means no exorbitant fees or incredibly slow service when using your cell phone overseas.

Market Overview:


The latest research study on the global eSIM for Travel market finds that the global eSIM for Travel market reached a value of USD 1424.52 million in 2022. It’s expected that the market will achieve USD 6345.54 million by 2028, exhibiting a CAGR of 28.27% during the forecast period.

With the strong recovery of international tourism, outbound mobile Internet access has become a necessary basic service for tourism professionals and their customers. With the progress of communication, eSIM is becoming more and more popular in the market. It is a new way to travel abroad and buy affordable eSIM instead of expensive international Roaming.

Under the favorable policy background, not only operators but also upstream hardware manufacturers are actively deploying this market. At present, Apple, Samsung, Huawei, and other technology companies are already developing corresponding intelligent products for eSIM. The growth of the eSIM application market and the research and development of supporting equipment has promoted the development of eSIM for the Travel industry on another level. At the same time, the application of eSIM for wearable electronic devices is more popular, which may be the result of policy orientation. Some countries consider strong control over mobile eSIM from the perspective of national information security, such as China.

As the carrier of communication service, the importance of SIM cards is beyond doubt for operators. With the continuous emergence of new technologies, SIM cards are constantly evolving, and technologies such as SoftSIM and eSIM appear, among which eSIM has more obvious advantages. eSIM can be used for local communication and international roaming by integrating eSIM chips in the equipment. Compared with the traditional SIM, eSIM has the advantages of low power consumption, small size, thinness, high level of three defenses, and can also support remote card writing. Compared with SoftSIM, the security level is high.

Region Overview:


In 2021, the share of the eSIM for Travel market in North America stood at 50.66%.

Company Overview:


Verizon
As one of the world's leading providers of technology, communications, information and entertainment products, Verizon is transforming the way people, businesses and things connect.

AT&T

AT&T Inc. operates as a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone, wireless and data communications, Internet access and messaging, IP-based and satellite television, telecommunications equipment, and directory advertising and publishing services.

Segmentation Overview:


By type, Data Only segment accounted for the largest share of market in 2021.

Application Overview:


The market's largest segment by application is the segment Smartphones, with a market share of 63.24% in 2021.

Key Companies in the global eSIM for Travel market covered in Chapter 3:

Holafly
Verizon
Vodafone
GigSky
Orange Travel
Telefónica
United Networks Limited
Telekom
AT&T
Airalo

In Chapter 4 and Chapter 14.2, on the basis of types, the eSIM for Travel market from 2018 to 2029 is primarily split into:

Data Only
Voice, SMS, and Data

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the eSIM for Travel market from 2018 to 2029 covers:

Smartphones
Smartwatch
Laptops
Tablets

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)