{"id":561703,"date":"2021-09-07T06:02:01","date_gmt":"2021-09-07T06:02:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=561703"},"modified":"2021-09-07T06:02:01","modified_gmt":"2021-09-07T06:02:01","slug":"esim-market-disclosing-latest-trends-and-advancement-outlook-20202027-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/esim-market-disclosing-latest-trends-and-advancement-outlook-20202027-grand-view-research-inc_561703.html","title":{"rendered":"eSIM Market Disclosing Latest Trends And Advancement Outlook 2020-2027 | Grand View Research, Inc."},"content":{"rendered":"
\n
\"eSIM<\/a><\/div>\n
\n
“Grand View Research, Inc. \u2013 Market Research And Consulting.”<\/div>\n<\/div>\n<\/div>\n
According to a new report published by Grand View Research, the rapid increase in the number of IoT-connected devices in different end-use verticals such as automotive, consumer electronics, and energy and utilities, is propelling the market growth.<\/div>\n

The global eSIM market<\/strong><\/a> size is estimated to reach USD 24.96 billion<\/strong> by 2027<\/strong>, expanding at a CAGR of 15.8%<\/strong>, according to a study conducted by Grand View Research, Inc.<\/strong> Growing adoption of IoT devices among end-use applications is acting as a stimulus for the market growth. Moreover, eSIM offers remote provisioning for the critical IoT applications, which requires remote monitoring, where safety and maintenance are required. This factor is anticipated to drive the demand over the forecast period.<\/p>\n

Furthermore, the size of the eSIMs is much smaller than that of physical SIM cards. Thus, less space is consumed by the chipset when integrated into the device. The device manufacturers are benefitted from the eSIMs technology, as manufacturers can save the SIM slot space where the physical SIM card and its tray occupy a specific area of the device. Thus, factors such as compact design specification and multiple carrier support of the eSIM are propelling the market growth.<\/p>\n

Technological advancements in consumer application devices such as smartphones, tablets, and wearables are further bolstering the growth of the market for eSIM. Moreover, high penetration of eSIMs is expected to be in smartphones owing to the compact size of the chipset. As reduced SIM space in the smartphone allows device manufacturers to offer slimmer smartphones. For instance, in 2018, Apple, Inc. launched its iPhone with dual SIM functionality with a Nano-SIM and another e-SIM. Moreover, Apple, Inc. also has integrated eSIM in their tablets and watch series.<\/p>\n

Browse full report with Table of Content @<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/esim-market<\/a><\/p>\n

eSIM Market Report Highlights<\/strong><\/p>\n

• The connectivity services segment held the largest market share in 2019, attributed to the connectivity subscriptions from M2M devices<\/p>\n

• The hardware segment is anticipated to witness significant CAGR over the forecast period owing to adoption of eSIM technology among smartphone manufacturers<\/p>\n

• The consumer electronics segment is estimated to expand at a significant CAGR of over 17.0% during the forecast period owing to technological advancements and IoT connectivity among the devices<\/p>\n

• Europe is expected to witness significant CAGR of over 14.0% over the forecast period, attributed to the presence of major market players such as Giesecke+Devrient Mobile Security GmbH, Gemalto NV, and ARM Holdings<\/p>\n

For Requesting a Sample Copy of This Report, Please Visit @<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/esim-market\/request\/rs1<\/a><\/p>\n

eSIM Market Segmentation                                                                                                       <\/strong><\/p>\n

Grand View Research has segmented the eSIM market on the basis of solution, application, and region:            <\/p>\n

eSIM Solution Outlook (Revenue, USD Million, 2016 – 2027)<\/strong><\/p>\n

    • Hardware                                            <\/p>\n

    • Connectivity Services<\/p>\n

eSIM Application Outlook (Revenue, USD Million, 2016 – 2027)<\/strong><\/p>\n

    • Consumer Electronics<\/p>\n

        • Smartphones<\/p>\n

        • Wearables<\/p>\n

        • Others<\/p>\n

    • M2M<\/p>\n

        • Automotive<\/p>\n

        • Energy & Utilities<\/p>\n

        • Others<\/p>\n

eSIM Regional Outlook (Revenue, USD Million, 2016 – 2027)         <\/strong><\/p>\n

     • North America       <\/p>\n

        • U.S.<\/p>\n

        • Canada<\/p>\n

     • Europe<\/p>\n

        • Germany<\/p>\n

        • U.K.<\/p>\n

        • France<\/p>\n

     • Asia Pacific<\/p>\n

        • China<\/p>\n

        • India<\/p>\n

        • Japan<\/p>\n

     • Latin America<\/p>\n

        • Brazil<\/p>\n

               • Mexico<\/p>\n

     • Middle East & Africa<\/p>\n

List of Key Players in the eSIM Market                                                 <\/strong><\/p>\n

    • Infineon Technologies AG         <\/p>\n

    • NXP Semiconductors N.V.<\/p>\n

    • STMicroelectronics<\/p>\n

    • Deutsche Telekom AG <\/p>\n

    • Giesecke+Devrient Mobile Security GmbH<\/p>\n

    • Gemalto NV<\/p>\n

    • ARM Holdings<\/p>\n

    • KORE Wireless Group Inc.<\/p>\n

Inquire more or share questions if any before the purchase on this report @<\/strong> https:\/\/www.grandviewresearch.com\/inquiry\/450396\/ibb<\/a><\/p>\n

Browse More Related Report:<\/strong><\/p>\n

Telecom Services Market<\/strong><\/a> Size, Share & Trends Analysis Report By Service Type (Mobile Data Services, Machine-To-Machine Services), By Transmission (Wireline, Wireless), By End-use, By Region, And Segment Forecasts, 2021 – 2028<\/p>\n

About Grand View Research<\/strong><\/p>\n

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Grand View Research, Inc.<\/a>
Contact Person:<\/strong> Sherry James, Corporate Sales Specialist – U.S.A.
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 1888202951
Address:<\/strong>Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City:<\/strong> San Francisco
State:<\/strong> California
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/esim-market<\/a><\/p>\n

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“Grand View Research, Inc. \u2013 Market Research And Consulting.” According to a new report published by Grand View Research, the rapid increase in the number of IoT-connected devices in different end-use verticals such as automotive, consumer electronics, and energy and … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,411,416],"tags":[],"class_list":["post-561703","post","type-post","status-publish","format-standard","hentry","category-Business","category-Technology","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/561703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=561703"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/561703\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=561703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=561703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=561703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}