HOME Top Market Reports eSIM Market by Application (Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables), Vertical (Automotive, Consumer Electronics, Energy & Utilities, Manufacturing, Retail, Transportation & Logistics), and Geography - Global Forecast to 2023

eSIM Market by Application (Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables), Vertical (Automotive, Consumer Electronics, Energy & Utilities, Manufacturing, Retail, Transportation & Logistics), and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: March 2018
Report Code: SE 6104

 

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[116 Pages Report] The overall eSIM market was valued at USD 179.6 Million in 2017 and is estimated to reach USD 978.3 Million by 2023, at a CAGR of 31.0% between 2018 and 2023. In terms of volume, the overall eSIM market is estimated to register a shipment of 287.7 million units in 2016 and is likely to witness a shipment of 1,168.8 million units by 2023, at a CAGR of 32.4% between 2018 and 2023. The growth is attributed to the emphasis on remote SIM provisioning for M2M, favorable government regulations boosting M2M communication, and high adoption of IoT technology.

The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the eSIM market based on application, vertical, and geography. The report provides detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the eSIM market. The report also gives a detailed overview of the value chain pertaining to the eSIM market and analyzes the market trends.

The research methodology used to estimate and forecast the eSIM market begins by capturing data on key vendor revenues through secondary research. Secondary sources include IEEE journals, automation world magazines, manufacturing automation magazines, and leading players’ newsletters. Vendor offerings are also considered to determine the market segmentation. The bottom-up approach is employed to arrive at the overall size of the eSIM market from the key players’ revenues. After arriving at the overall market size, the overall market is split into several segments and subsegments. Thereafter, these are verified through primary research by conducting extensive interviews with people holding key positions in the industry, such as CEOs, VPs, directors, and executives. Market breakdown and data triangulation procedures are also employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of the primaries is depicted in the following figure.

eSIM Market

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The value chain pertaining to the eSIM market starts with research and development, manufacturing, system integration, supply and distribution, and post-sales services. The most important steps in the value chain of the eSIM market are R&D, manufacturing, and system integration. End users of embedded SIMs include various consumer, commercial, and industrial verticals.

Some major suppliers of eSIM systems are Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO, INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Telecommunications Limited (Singapore), STMicroelectronics (Switzerland), and Telefónica, S.A. (Spain).

Target Audience of the Report:

  • Mobile network operators (MNOs)
  • SIM card manufacturers
  • End users
  • M2M OEMs
  • IoT entrants
  • Assembly, testing, and packaging vendors
  • Governments and other regulatory bodies
  • Integrated device manufacturers (IDMs)
  • Original design manufacturers (ODMs)
  • Original equipment manufacturers (OEMs)
  • Semiconductor companies
  • Technology, service, and solution providers
  • Technology standard organizations, forums, alliances, and associations

“This study answers questions such as which market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”

Scope of the Report:

This research report categorizes the global eSIM market by application, vertical, and geography.

ESIM Market, by Application:

  • Connected Cars
  • Laptops
  • M2M
  • Smartphones
  • Tablets
  • Wearables
  •  Others (Drones, Smart Meters, Smart Grids)  

ESIM Market, by Vertical

  • Automotive
  • Consumer Electronics
  • Energy & Utilities
  • Manufacturing
  • Retail
  • Transportation & Logistics

ESIM Market, by Geography:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific needs of companies. The following customization options are available for the report.

Company Information:

Detailed analysis and profiling of additional market players (up to 5).



Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & Consulting

Table of Contents

1 Introduction (Page No. - 11)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 15)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primary Interviews
                    2.1.2.3 Primary Sources
                    2.1.2.4 Key Industry Insights
           2.1.3 Secondary and Primary Research
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in eSIM Market
    4.2 eSIM Market, By Application
    4.3 eSIM Market, By Vertical
    4.4 eSIM Market in Asia Pacific, By Application and Country
    4.5 eSIM Market Share, By Country

5 Market Overview (Page No. - 31)
    5.1 Introduction
    5.2 Evolution of Sim Cards
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Emphasis on Remote Sim Provisioning for M2M
                    5.3.1.2 Favorable Government Regulations Boosting M2M Communication
                    5.3.1.3 High Adoption of IoT Technology
           5.3.2 Restraints
                    5.3.2.1 Intensifying Security Threats
           5.3.3 Opportunities
                    5.3.3.1 Growing Demand for Smart Solutions
                    5.3.3.2 Rising Adoption of Wearable Electronics
           5.3.4 Challenges
                    5.3.4.1 Lack of Standardization
                    5.3.4.2 Highly Complex Ecosystem
    5.4 Value Chain Analysis

6 eSIM Market, By Application (Page No. - 37)
    6.1 Introduction
    6.2 Connected Cars
    6.3 Laptops
    6.4 M2M
    6.5 Smartphones
    6.6 Tablets
    6.7 Wearables
    6.8 Others

7 eSIM Market, By Vertical (Page No. - 46)
    7.1 Introduction
    7.2 Automotive
    7.3 Energy & Utilities
    7.4 Manufacturing
    7.5 Retail
    7.6 Consumer Electronics
    7.7 Transportation & Logistics

8 Geographic Analysis (Page No. - 54)
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 UK
           8.3.3 France
           8.3.4 Rest of Europe
    8.4 APAC
           8.4.1 China
           8.4.2 Japan
           8.4.3 India
           8.4.4 Rest of APAC
    8.5 RoW
           8.5.1 Middle East
           8.5.2 South America
           8.5.3 Africa

9 Competitive Landscape (Page No. - 70)
    9.1 Overview
    9.2 Ranking Analysis of Players, 2016
    9.3 Competitive Scenario
           9.3.1 Product Launches/Developments
           9.3.2 Partnerships/ Agreements/ Strategic Alliances/ Collaborations
           9.3.3 Expansions

10 Company Profiles (Page No. - 78)
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
     10.1 Key Players
             10.1.1 Gemalto
             10.1.2 Stmicroelectronics
             10.1.3 Infineon Technologies
             10.1.4 NXP Semiconductors
             10.1.5 Giesecke & Devrient
             10.1.6 Deutsche Telekom
             10.1.7 Telefónica
             10.1.8 NTT Docomo
             10.1.9 Singtel
             10.1.10 Sierra Wireless
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
     10.2 Other Key Players
             10.2.1 Apple
             10.2.2 AT&T
             10.2.3 CLX Communications
             10.2.4 Etisalat
             10.2.5 Idemia
             10.2.6 Jasper
             10.2.7 Orange
             10.2.8 Samsung Electronics
             10.2.9 Telenor Connexion
             10.2.10 Telit
             10.2.11 Vodafone

11 Appendix (Page No. - 108)
     11.1 Insights of Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports
     11.7 Author Details


List of Tables (31 Tables)

Table 1 eSIM Market in Terms of Value and Volume, 2015–2023
Table 2 eSIM Market, By Application, 2015–2023 (USD Million)
Table 3 eSIM Market, By Application, 2015–2023 (Million Units)
Table 4 e-SIM Market for Connected Cars, By Region, 2015–2023 (USD Million)
Table 5 e-SIM Market for Laptops, By Region, 2015–2023 (USD Thousand)
Table 6 e-SIM Market for M2M, By Region, 2015–2023 (USD Million)
Table 7 e-SIM Market for Smartphones, By Region, 2015–2023 (USD Million)
Table 8 e-SIM Market for Tablets, By Region, 2015–2023 (USD Million)
Table 9 e-SIM Market for Wearables, By Region, 2015–2023 (USD Million)
Table 10 e-SIM Market for Others, By Region, 2015–2023 (USD Million)
Table 11 e-SIM Market, By Vertical, 2015–2023 (USD Million)
Table 12 e-SIM Market for Automotive, By Region, 2015–2023 (USD Million)
Table 13 e-SIM Market for Energy & Utilities, By Region, 2015–2023 (USD Million)
Table 14 e-SIM Market for Manufacturing, By Region, 2015–2023 (USD Million)
Table 15 e-SIM Market for Retail, By Region, 2015–2023 (USD Million)
Table 16 e-SIM Market for Consumer Electronics, By Region, 2015–2023 (USD Million)
Table 17 e-SIM Market for Transportation & Logistics, By Region, 2015–2023 (USD Million)
Table 18 e-SIM Market, By Region, 2015–2023 (USD Million)
Table 19 e-SIM Market in North America, By Application, 2015–2023 (USD Million)
Table 20 e-SIM Market in North America, By Vertical, 2015–2023 (USD Million)
Table 21 e-SIM Market in North America, By Country, 2015–2023 (USD Million)
Table 22 e-SIM Market in Europe, By Application, 2015–2023 (USD Million)
Table 23 e-SIM Market in Europe, By Vertical, 2015–2023 (USD Million)
Table 24 e-SIM Market in Europe, By Country, 2015–2023 (USD Million)
Table 25 e-SIM Market in APAC, By Application, 2015–2023 (USD Million)
Table 26 e-SIM Market in APAC, By Vertical, 2015–2023 (USD Million)
Table 27 e-SIM Market in APAC, By Country, 2015–2023 (USD Million)
Table 28 e-SIM Market in RoW, By Application, 2015–2023 (USD Million)
Table 29 e-SIM Market in RoW, By Vertical, 2015–2023 (USD Million)
Table 30 e-SIM Market in RoW, By Region, 2015–2023 (USD Million)
Table 31 Ranking Analysis of Key Players in eSIM Market, 2016


List of Figures (36 Figures)

Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Bottom-Up Approach to Arrive at Market Size
Figure 4 Top-Down Approach to Arrive at Market Size
Figure 5 Data Triangulation Methodology
Figure 6 eSIM Market in Terms of Value and Volume, 2018 vs 2023
Figure 7 Smartphones to Exhibit Highest CAGR in eSIM Market During 2018–2023
Figure 8 eSIM Market, By Vertical, 2018 vs 2023 (USD Million)
Figure 9 eSIM Market, By Region
Figure 10 Emphasis on Remote Sim Provisioning for M2M Drives eSIM Market Growth
Figure 11 Market for Smartphone Application to Grow at Highest CAGR During Forecast Period
Figure 12 Consumer Electronics Vertical to Dominate eSIM Market During 2018–2023
Figure 13 China to Hold Largest Share of eSIM Market in Asia Pacific in 2018
Figure 14 US to Hold Largest Share of eSIM Market in 2018
Figure 15 Evolution of eSIM
Figure 16 Value Chain Analysis of Ecosystem of Embedded Sim Cards
Figure 17 eSIM Market, By Application
Figure 18 eSIM Market for Smartphones to Grow at Highest CAGR Between 2018 and 2023
Figure 19 eSIM Market, By Vertical
Figure 20 eSIM Market for Consumer Electronics to Grow at Highest CAGR Between 2018 and 2023
Figure 21 Geographic Snapshot: eSIM Market (2018–2023)
Figure 22 eSIM Market in APAC to Grow at Highest CAGR Between 2018 and 2023
Figure 23 North America: eSIM Market Snapshot
Figure 24 Europe: eSIM Market Snapshot
Figure 25 APAC: eSIM Market Snapshot
Figure 26 Companies Adopted Agreements/Collaborations/Partnerships/ Strategic Alliances as Key Growth Strategy Between 2016 and 2018
Figure 27 Gemalto: Company Snapshot
Figure 28 Stmicroelectronics: Company Snapshot
Figure 29 Infineon Technologies: Company Snapshot
Figure 30 NXP Semiconductors: Company Snapshot
Figure 31 Giesecke & Devrient: Company Snapshot
Figure 32 Deutsche Telekom: Company Snapshot
Figure 33 Telefónica: Company Snapshot
Figure 34 NTT Docomo: Company Snapshot
Figure 35 Singtel: Company Snapshot
Figure 36 Sierra Wireless: Company Snapshot

The overall eSIM market is estimated to grow from USD 253.8 Million in 2018 to USD 978.3 Million by 2023, at a CAGR of 31.0% between 2018 and 2023. The emphasis on remote SIM provisioning for M2M, favorable government regulations boosting M2M communication, and high adoption of IoT technology are driving the demand for eSIM solutions.

ESIM is useful for applications in which settings are required to be remotely updated, has the capability to bypass the form factor issues, and enables easy manufacturing and deployment of several IoT devices and sensors. Presently, the global eSIM market is in its nascent phase. With the steady adoption of the IoT technology across various industries, the overall eSIM market is likely to gain traction in the coming years.

The M2M application is estimated to lead the eSIM market in 2018. The increasing penetration of the internet, coupled with the rising adoption of IoT across verticals such as automotive, consumer electronics, energy & utilities, manufacturing, retail, and transportation & logistics, is primarily driving eSIM adoption. In addition, favorable regulatory frameworks are facilitating the growth of M2M across verticals. ESIM is now a mainstream technology in the M2M application. It plays a pivotal role in this application owing to its remote programmability and high security.

The rapidly growing M2M market across verticals is expected to contribute to the dominance of M2M application during the forecast period. However, the lack of standardization in connectivity protocols is expected to hinder the eSIM market growth.

Based on vertical, the telecommunications vertical is anticipated to witness the fastest growth during the forecast period. The telecommunications vertical remains one of the major forces shaping disruption, innovation, and growth across various technology industries. ESIM is anticipated to be a game changer in telecommunications applications. It aids in intelligent switching of operator profiles without any hassle to the end user, with no geographical border constraints. The adoption of eSIMs by telecommunications stakeholders is likely to position them as leading players in connectivity and IoT markets in the coming years.

eSIM Market

Europe is estimated to hold the largest share of the eSIM market in 2018, followed by North America and Asia Pacific. However, by 2023, North America is likely to hold the largest market share globally. The increasing focus on the linking and digitization of future products and services is boosting the growth of the semiconductor industry. The semiconductor industry offers key technology solutions such as security, energy efficiency, mobility, and smart grid, across verticals. Furthermore, semiconductors are viewed as building blocks for enhanced environmental monitoring, energy efficiency, and better security. It is one of the most R&D-intensive industries in Europe. The demand for eSIMs is likely to gain momentum in the near future owing to the rapid adoption of advanced technologies, changing consumer demographics, as well as shifting consumer preferences.

ESIM cards allow remote provisioning of SIM profiles through enabling automatic interoperability between connectivity platforms and multiple SIM operator profiles. However, the operational flexibility achieved by an embedded SIM would be a futile effort if security is compromised. The eSIM collects and stores the credentials of mobile network operators (MNOs) in the inbuilt software of the device, which is prone to various security hacks. In addition, it operates through multiple MNOs and physical platforms, thereby exposing it to the risks of the virtual environment.

Major players operating in the eSIM market include Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO, INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Telecommunications Limited (Singapore), STMicroelectronics (Switzerland), and Telefónica, S.A. (Spain). Key market players focus on acquisitions, collaborations, joint ventures, partnerships, and product launches and developments to enhance their product offerings and expand their businesses.

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