eSIM Market by Application and Geography - Forecast and Analysis 2022-2026

Published: May 2022 Pages: 138 SKU: IRTNTR73023

According to Technavio's analyst, the eSIM market size is expected to be valued at 4.22 trillion units by 2026 with a CAGR of 21.08%.

This eSIM market forecast report extensively covers segmentations by:

  • Application - Automotive, CP, and others
  • Geography - APAC, North America, Europe, Middle East and Africa, and South America

This eSIM market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The eSIM market report offers information on several market vendors, including 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. among others.

What will the eSIM Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the eSIM Market Size for the Forecast Period and Other Important Statistics

 

eSIM Market: Key Drivers, Trends, and Challenges

The large-scale benefits of using IoT devices is notably driving the eSIM market growth, although factors such as the increase in competition from soft sims may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the eSIM industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key eSIM Market Driver

The large-scale benefits of using IoT devices is one of the key drivers supporting the embedded subscriber identity module (eSIM) market growth.  IoT devices primarily collect data through sensors and actuators, transmitting it to a centralized location on a real-time basis. This empowers end-users to make informed decisions. IoT integrates technologies such as data communication, hardware design, data storage, and mining and is the latest trend in the global technology arena. It connects essential electronic objects such as cars, TVs, laptops, and the entire industrial process control to the internet. Such large-scale benefits of using IoT devices will drive the embedded subscriber identity module (eSIM) market growth during the forecast period.

Key eSIM Market Trend

Growing awareness of wearable devices is one of the key embedded subscriber identity module market trends contributing to the market growth. Increasing disposable income and internet penetration are encouraging wearable device vendors to tap the growth potential of the market in the region. Consumers use smartwatches, smart bands, and others, and access social networking websites such as Facebook, LinkedIn, and Twitter. Furthermore, wearable device providers worldwide have increased their investment in R&D to foster the development of innovative products to improve market revenue and remain competitive in the market. Significantly, smart bands and smartwatches can help consumers share their activities with doctors to receive proper diagnoses. Therefore, with the growing adoption of such devices, the demand for eSIMs integrated into them will also increase during the forecast period. 

Key eSIM Market Challenge

The increase in competition from soft sims is one of the challenges limiting the embedded subscriber identity module (eSIM) market growth. The soft SIM is an embedded software SIM, which is removable or reprogrammed by the device. Moreover, a soft SIM is a built-in feature that can replace traditional SIM cards and eSIMs. It allows users to connect to the network of their choice by selecting and entering the details in the software. For instance, Apple and Samsung have introduced soft SIM in iPad and Samsung Gear S2 tablets, respectively, which will be incorporated in their next-gen versions as well. The installation of soft SIMs in next-gen smartphones will affect telecom companies, as users will no longer be required to replace physical SIM cards or eSIMs in their devices when porting to a different service provider. Thus, such advantages provided by soft SIMS may hinder the embedded subscriber identity module (eSIM) market growth during the forecast period.

This eSIM market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global eSIM market as a part of the global communications equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the eSIM market during the forecast period.

Who are the Major eSIM Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • 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
  • Truphone Ltd.

 

This statistical study of the eSIM market encompasses successful business strategies deployed by the key vendors. The eSIM market is concentrated and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.

Product Insights and News

  • Arm.com - The company offers eSIM that are primarily embedded SIM and integrated SIM, for authenticating users on mobile networks, both existing and future 5G networks.
  • Telekom.com - The company offers eSIM that gets permanently installed in smartphones, tablets and cars which makes it easier for customers to switch from one device to another.
  • Gi-de.com - The company offers eSIM that comes with a solid and reliable management solution for embedded subscriber identity modules in place, MNOs are well-positioned to be key enablers of the exploding IoT market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The eSIM market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

eSIM Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the eSIM market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for eSIM Market?

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32% of the market's growth will originate from Europe during the forecast period. Germany and France are the key markets for the eSIM market in Europe. Market growth in this region will be faster than the growth of the market in other regions.

Advances in automotive electronics and new marketing strategies will facilitate the eSIM market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In early 2020, the outbreak of COVID-19 reduced the sales of eSIMs in the region, as manufacturing units and constructional activities were closed. However, with the number of COVID-19 cases slowly decreasing, nationwide lockdowns were removed, resulting in the reopening of stores and manufacturing units. Also, with the gradual increase in construction activities in Europe, the regional eSIM market is expected to see moderate growth during the forecast period.

What are the Revenue-generating Application Segments in the eSIM Market?

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The eSIM market share growth by the automotive segment will be significant during the forecast period. Consumer preferences are changing, and they are expecting high-end features at low costs. In view of this, the automotive industry is likely to grow with increased car production and demand from developing nations such as China, India, and Brazil during the forecast period. Therefore, with the increasing automobile production, the eSIM market is anticipated to grow during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the eSIM market size and actionable market insights on post COVID-19 impact on each segment.

 

eSIM Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 21.08%

Market growth 2022-2026

4.22 tn units

Market structure

Concentrated

YoY growth (%)

31.91

Regional analysis

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

Performing market contribution

Europe at 32%

Key consumer countries

US, China, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this eSIM Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive eSIM market growth during the next five years
  • Precise estimation of the eSIM market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the eSIM industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of eSIM market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (billion units)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (billion units)
      • Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Automotive - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 (billion units)
      • Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 (billion units)
      • Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
    • 5.4 CP - Market size and forecast 2021-2026
      • Exhibit 32: Chart on CP - Market size and forecast 2021-2026 (billion units)
      • Exhibit 33: Data Table on CP - Market size and forecast 2021-2026 (billion units)
      • Exhibit 34: Chart on CP - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on CP - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 (billion units)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 (billion units)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Application
      • Exhibit 40: Market opportunity by Application (billion units)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 (billion units)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 (billion units)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 (billion units)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 (billion units)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 (billion units)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 (billion units)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 (billion units)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (billion units)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 (billion units)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 (billion units)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 (billion units)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 (billion units)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 (billion units)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 (billion units)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 India - Market size and forecast 2021-2026
      • Exhibit 74: Chart on India - Market size and forecast 2021-2026 (billion units)
      • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 (billion units)
      • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 (billion units)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 (billion units)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 (billion units)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 (billion units)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography (billion units)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Arm Ltd.
              • Exhibit 93: Arm Ltd. - Overview
              • Exhibit 94: Arm Ltd. - Product / Service
              • Exhibit 95: Arm Ltd. - Key offerings
            • 10.4 Deutsche Telekom AG
              • Exhibit 96: Deutsche Telekom AG - Overview
              • Exhibit 97: Deutsche Telekom AG - Business segments
              • Exhibit 98: Deutsche Telekom AG - Key offerings
              • Exhibit 99: Deutsche Telekom AG - Segment focus
            • 10.5 Giesecke Devrient GmbH
              • Exhibit 100: Giesecke Devrient GmbH - Overview
              • Exhibit 101: Giesecke Devrient GmbH - Business segments
              • Exhibit 102: Giesecke Devrient GmbH - Key offerings
              • Exhibit 103: Giesecke Devrient GmbH - Segment focus
            • 10.6 Infineon Technologies AG
              • Exhibit 104: Infineon Technologies AG - Overview
              • Exhibit 105: Infineon Technologies AG - Business segments
              • Exhibit 106: Infineon Technologies AG - Key news
              • Exhibit 107: Infineon Technologies AG - Key offerings
              • Exhibit 108: Infineon Technologies AG - Segment focus
            • 10.7 Nippon Telegraph and Telephone Corp.
              • Exhibit 109: Nippon Telegraph and Telephone Corp. - Overview
              • Exhibit 110: Nippon Telegraph and Telephone Corp. - Business segments
              • Exhibit 111: Nippon Telegraph and Telephone Corp. - Key offerings
              • Exhibit 112: Nippon Telegraph and Telephone Corp. - Segment focus
            • 10.8 NXP Semiconductors NV
              • Exhibit 113: NXP Semiconductors NV - Overview
              • Exhibit 114: NXP Semiconductors NV - Product / Service
              • Exhibit 115: NXP Semiconductors NV - Key news
              • Exhibit 116: NXP Semiconductors NV - Key offerings
            • 10.9 Redtea Mobile
              • Exhibit 117: Redtea Mobile - Overview
              • Exhibit 118: Redtea Mobile - Product / Service
              • Exhibit 119: Redtea Mobile - Key offerings
            • 10.10 Sierra Wireless Inc.
              • Exhibit 120: Sierra Wireless Inc. - Overview
              • Exhibit 121: Sierra Wireless Inc. - Business segments
              • Exhibit 122: Sierra Wireless Inc. - Key offerings
              • Exhibit 123: Sierra Wireless Inc. - Segment focus
            • 10.11 STMicroelectronics NV
              • Exhibit 124: STMicroelectronics NV - Overview
              • Exhibit 125: STMicroelectronics NV - Business segments
              • Exhibit 126: STMicroelectronics NV - Key news
              • Exhibit 127: STMicroelectronics NV - Key offerings
              • Exhibit 128: STMicroelectronics NV - Segment focus
            • 10.12 Thales Group
              • Exhibit 129: Thales Group - Overview
              • Exhibit 130: Thales Group - Business segments
              • Exhibit 131: Thales Group - Key offerings
              • Exhibit 132: Thales Group - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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