E-sim Devices Market 2019-2027: Acute Market Reports – Industry Size, Trends & Forecast

The global market for e-SIM devices globally is expected to expand at a CAGR of 32% over the forecast era.
The general market for e-SIM devices is driven by superior benefits over standard sim cards. The booming IoT industry has pushed the e-SIM industry, promoting the demand for phones that are compatible with e-SIM. The total number of devices connected via IoT in 2018 was over 7 Bn. E-sims are available in a compact, secure and rough sizes. Increasing demand for smart devices and mobile phones is driving the e-SIM market demand. In addition, the e-SIM devices market has been supported by a growing trend in smart homes, connected devices and consumer inclination towards connected equipment. Because of these variables, during the forecast period, we expect high growth in the market for e-SIM devices.

Consumer electronics segment will dominate the market during the forecast period based on the vertical type. Technological advances in smartphones and TVs drive demand for improved connectivity and network. The additional increase in demand for IoT and cloud computing will drive the incorporation of these digital chips to be used to deliver exceptional benefits to customers. Notably, e-SIM allows reprogrammable devices and multiple profiles to support them. The embedded characteristics provided by IoT and other smart-tech alternatives will increase the e-SIM device market demand for intelligent infrastructure. Because of these variables, consumer electronics during the forecast period will drive the development of the market for e-SIM devices.

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In the future, IoT devices for automotive and enterprise will remain high on the eSIM adoption curve. The eSIM activation rate will also be much higher in cellular enterprise IoT devices than consumer IoT devices. Key drivers are fragmented deployments, space savings for the module, robust tamper-proof safety, flexibility in selecting the best accessible and competitive cellular network seamlessly, as well as significant savings on physical supply and maintenance costs. “The implementation of eSIMs on smartphones should also drive significant volume growth with the implementation of eSIM by top players such as Apple, Google. However, other connected devices like mobile hotspots, routers, connected PCs, drones and smartwatches will grow at a higher CAGR due to a relatively smaller adoption base right now. But smartphones and B2B IoT devices will lead in terms of shipment volumes.

Over the past four years, the initial eSIM solutions in smartphones have been proprietary soft eUICC (eSIM) driven mainly by Chinese OEMs in China before GSMA compliant hardware eSIM was adopted by Apple and Google. However, we will see a shift in adoption for the next five to six years to the GSMA-compliant hardware-based eUICC alongside integrated system-on-a-chip (SoCs) SIM or iUICC across different device categories, replacing the less secure proprietary soft eSIM solutions. While eUICC based on hardware will be popular across automotive and smartphones, we believe that iSIM or iUICC will be popular across IoT applications.

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Company Profile:
Giesecke & Devrient GmbH,
Infineon Technologies AG,
NTT DOCOMO, INC.,
NXP Semiconductors,
N.V., Sierra Wireless, Inc.,
Singapore Telecommunications Limited,
STMicroelectronics,
AT&T
Telefonica, S.A.,
Samsung Electronics,
Singtel,
Deutsche Telekom AG,
Gemalto NV,
Apple, Inc.

Report Scope by Segments:
Vertical Type (2017-2027; US$ Bn)
Automotive
Consumer Electronics
Energy & Utilities
Manufacturing
Retail
Transportation & Logistics

Application Type (2017-2027; US$ Bn)
Connected Cars
Laptops
M2M
Smartphones
Tablets
Wearables

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Research methodology applied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global E-sim Devices market specific to key segments, and regional segmentation.

a.            Secondary Research

Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global E-sim Devices market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in E-sim Devices market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of E-sim Devices market study.

b.            Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

The participants tracked for primary interviews include:

•             Marketing/product managers

•             Vice President/ CEOs

•             National sales managers

•             Market intelligence managers

•             Distributors

•             Purchasing managers

•             Other stakeholders

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