eSIM Market Size, Share, Trends, Market 2025

from eSIM Market Size, Share, Trends, Market 2025

➣ eSIM Market Overview

The eSIM (embedded SIM) technology is revolutionizing the semiconductor industry by offering a more efficient and flexible alternative to traditional SIM cards. As the semiconductor market continues to grow, the eSIM market is gaining significant traction. With an expanding global demand for connected devices and IoT applications, the eSIM market size is expected to experience robust growth. According to the latest eSIM market forecast 2025, the market is set to see increasing adoption in both emerging and developed regions, including the eSIM market in India and the eSIM market in the US. Industry leaders and key players are positioning themselves for growth, driving innovation and competitive strategies to capture a larger eSIM market share.A deeper eSIM market analysis reveals that the technology's potential in mobile phones, wearables, and automotive sectors is a major catalyst. eSIM market trends indicate a shift toward seamless global connectivity and multi-network operations, making it a critical component in the semiconductor industry analysis. Additionally, the eSIM market research report highlights the diverse opportunities and challenges companies face, as well as the eSIM market price variations and projections for eSIM market future growth. With increasing demand for flexibility and scalability in connectivity solutions, the eSIM market companies are poised to lead the charge in technological innovation and market penetration.

➣ Market Growth

The global eSIM market was valued at US$ 435.1 million in 2022 and is projected to reach US$ 1900.6 million by 2030, at a CAGR of 23.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Market size in 2022US$ 435.1 millionForecast Market size by 2030US$ 1900.6 millionGrowth RateCAGR of 23.4%Number of Pages200+ Pages

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An eSIM, short for embedded Subscriber Identity Module, is like a digital or virtual SIM card that's built directly into a device. The interesting thing about eSIMs is that they don't need a physical SIM card to work. Instead, the necessary SIM card information is securely stored within the device's hardware or firmware.To get started with an eSIM, users have a couple of options. They can either scan a QR code or use a mobile app from their network carrier. Either way, this process links the device to the carrier's network, allowing the user to access cellular service, make calls, send messages, and use mobile data without needing a traditional physical SIM card.Click Here to Download Your Free Sample ReportOne of the main advantages of eSIMs is their flexibility and convenience. They offer the freedom to switch between different network providers without any physical SIM card swapping required. This feature is particularly handy for frequent travelers who might want to use local carrier services when abroad or for those who simply want to change carriers without dealing with a new physical SIM card.As a result of these benefits, eSIM technology is increasingly becoming commonplace in various devices, ranging from smartphones, smartwatches, tablets, and laptops, to other Internet of Things (IoT) devices. It's a user-friendly and streamlined approach to cellular connectivity that's gaining popularity.eSIM Market aims to provide a comprehensive presentation of the global market for eSIM, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding eSIM. eSIM Market contains market size and forecasts of eSIM in global, including the following market information:Global eSIM Market Revenue, 2018-2023, 2024-2030, ($ millions)Global eSIM Market Sales, 2018-2023, 2024-2030, (K Units)Global top five eSIM companies in 2022 (%)The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.IoT M2M-related eSIM Segment to Reach $ Million by 2030, with a %CAGRin next six years.The global key manufacturers of eSIM include Gemalto, Stmicroelectronics, Infineon Technologies, NXP Semiconductors, Giesecke & Devrient, Deutsche Telekom, Telefonica, NTT Docomo and Singtel, etc. in 2022, the global top five players have a share approximately % in terms of revenue.We surveyed the eSIM manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Report AttributesReport DetailsReport Title

eSIM Market Size, Emerging Trends, Technological Advancements, and Business Strategies 2023-2032

Market size in 2022US$ 435.1 millionForecast Market size by 2030US$ 1900.6 millionGrowth RateCAGR of 23.4%by Type

IoT M2M-related eSIM
Consumer Wearable Device eSIM
Others

by Application

Connected Cars
Laptops
Wearables
Smartphones
Tablets
Others

key players

Gemalto
Stmicroelectronics
Infineon Technologies
NXP Semiconductors
Giesecke & Devrient
Deutsche Telekom
Telefonica
NTT Docomo
Singtel
Sierra Wireless
Apple
AT&T
CLX Communications
Etisalat
Idemia
Jasper
Orange
Samsung Electronics
Telenor Connexion
Telit
Vodafone
China Uincom
China Mobile

Historical Year2018 to 2022 (Data from 2010 can be provided as per availability)Base Year2022Forecast Year2030Number of Pages100+ PagesCustomization AvailableYes, the report can be customized as per your need.

➣ Total Market by Segment:

Global eSIM Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global eSIM Market Segment Percentages, by Type, 2022 (%)

IoT M2M-related eSIM
Consumer Wearable Device eSIM
Others

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Global eSIM Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global eSIM Market Segment Percentages, by Application, 2022 (%)

Connected Cars
Laptops
Wearables
Smartphones
Tablets
Others

➣ Global eSIM Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)

North America

Market share: 38.20%
North America has a high concentration of mobile operators and device manufacturers who are adopting eSIM technology.
The United States and Canada are two of the largest markets for smartphones in the world, and both countries have major mobile operators who are supporting eSIM technology. In addition, many device manufacturers, such as Apple and Samsung, are now offering eSIM-enabled devices.

Europe

Market share: 21.00%
Europe has a strong history of innovation in the telecommunications sector, and many European countries are early adopters of new technologies.
The European Union has also been supportive of eSIM technology, and has issued guidelines for its use. This has helped to create a favorable environment for the adoption of eSIM technology in Europe.

Asia-Pacific

Market share: 20.10%
Asia-Pacific is the largest market for smartphones in the world, and many countries in the region are seeing rapid growth in the adoption of connected devices and the Internet of Things (IoT).
The growing demand for connected devices and IoT is driving the demand for eSIMs in Asia-Pacific. In addition, many mobile operators in the region are supporting eSIM technology.

Latin America

Market share: 10.60%
Latin America is seeing an increase in the adoption of connected devices and the Internet of Things (IoT).
The growing demand for connected devices and IoT is driving the demand for eSIMs in Latin America. In addition, some mobile operators in the region are supporting eSIM technology.

Middle East & Africa

Market share: 10.10%
Middle East & Africa is seeing an increase in the adoption of connected devices and the Internet of Things (IoT).
The growing demand for connected devices and IoT is driving the demand for eSIMs in Middle East & Africa. In addition, some mobile operators in the region are supporting eSIM technology.

➣ Global eSIM Market Segment Percentages, By Region and Country, 2022 (%)

North America :

U.S.
Canada

Europe :

U.K.
Germany
France
Spain
Rest of Europe

Asia-Pacific :

India
Japan
China
Australia
South Korea
Rest of Asia-Pacific

Latin America :

Brazil
Mexico
Rest of Latin America

The Middle East & Africa :

South Africa
GCC Countries
Rest of the Middle East & Africa (ME&A)

➣ Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies eSIM revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies eSIM revenues share in global market, 2022 (%)
Key companies eSIM sales in global market, 2018-2023 (Estimated), (K Units)
Key companies eSIM sales share in global market, 2022 (%)

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➣ Opportunities:

There is a rising demand for eSIM-enabled devices across various sectors, including consumer electronics, automotive, and M2M/IoT.
Mobile operators and device manufacturers are increasingly adopting eSIM technology, leading to its growing adoption in the market.
The need for global roaming and multi-SIM capabilities is on the rise, presenting a significant opportunity for eSIM technology.
The popularity of connected devices and the Internet of Things (IoT) is creating a favorable environment for eSIMs to thrive.

➣ Drivers:

The eSIM market is driven by the increasing demand for global roaming and multi-SIM capabilities. eSIMs offer easy switching between carriers and networks, catering to travelers and users with multiple devices.
Connected devices and IoT's growing popularity serve as major drivers for the eSIM market, with eSIMs being an ideal fit due to their small size, easy installation, and remote update capabilities.
The market's growth is further propelled by the adoption of eSIM technology by mobile operators and device manufacturers, resulting in a wider range of eSIM-enabled devices becoming available.

➣ Restraints:

The high cost of eSIM-enabled devices is a key restraint in the market, as they tend to be more expensive compared to traditional SIM card devices.
A lack of awareness about eSIM technology among consumers hampers its broader adoption, acting as another limiting factor.

➣ Trends:

The eSIM market is witnessing a growing trend towards the adoption of 5G technology. With 5G networks requiring higher bandwidth and data capacity, eSIMs become even more crucial for seamless connectivity.
The automotive sector is experiencing an increasing demand for embedded SIM (eSIM) solutions. eSIMs' compact size, ease of installation, and remote update capabilities make them ideal for connected cars.
The M2M/IoT sector is showing a significant trend towards eSIM adoption, driven by eSIMs' suitability for such devices, given their small size, ease of installation, and remote update capabilities.

Further, the report presents profiles of competitors in the market, key players include:

Gemalto
Stmicroelectronics
Infineon Technologies
NXP Semiconductors
Giesecke & Devrient
Deutsche Telekom
Telefonica
NTT Docomo
Singtel
Sierra Wireless
Apple
AT&T
CLX Communications
Etisalat
Idemia
Jasper
Orange
Samsung Electronics
Telenor Connexion
Telit
Vodafone
China Uincom
China Mobile

➣ Recent Developments:

IDEMIA and Microsoft collaborate to provide next-generation eSIM connectivity services. This collaboration will aim to expand their connectivity offering for consumer and M2M/IoT devices.
Apple iPhone 14 drops SIM card slot, making eSIM the only option. This is a major move by Apple that is expected to accelerate the adoption of eSIM technology.

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➣ About Semiconductor Insight:

Semiconductor Insight, founded in 2016, specializes in delivering comprehensive semiconductor market data and analysis to help organizations make informed decisions in this dynamic and fast-paced sector. We have consistently provided comprehensivesemiconductor market research, outlining major trends, opportunities, and issues affecting the global industry.Oursemiconductor market reportsprovide actionable knowledge, including industry research, market predictions, competition analysis, and insights into technical breakthroughs, helping businesses maintain a competitive advantage. With nearly a decade of experience, we remain at the forefront of innovation, providing strategic clarity to enterprises in the semiconductor sector.Our commitment to delivering insights into semiconductor market share and industry trends ensures that our clients have the necessary information.

FAQs –

Q. How big is the eSIM market?A.The global eSIM market was valued at USD 435.1 million in 2022 and is projected to reach USD 1,900.6 million by 2030, growing at a CAGR of 23.4% during the forecast period.Q. Which is the best eSIM market?A.The best eSIM market is currently North America, particularly the United States, driven by widespread adoption in mobile devices and the presence of major telecom operators.

Q. What is the future of eSIM?

A. The future of eSIM is promising, with substantial growth projected due to its flexibility and the increasing demand for connected devices across various industries, including smartphones, wearables, and IoT.

Q. How old is eSIM? A. eSIM technology has been around since 2016, offering a digital alternative to traditional SIM cards embedded directly into devices.