Global E-SIM Card Market: Snapshot The global E-SIM card market is rising steadily due to the several advantages of E-SIM card over conventional SIM cards. E-SIM card allows changing mobile network operator at a few clicks, a feature distinct to them. For instance, ability to switch network providers over the air in machine to machine systems such as smart meters and connected cars has substantial advantages in terms of reducing logistics and operational costs. The compact design of E-SIM and standardization of technical specifications for Embedded SIM technology is another distinct feature that sets E-SIM cards apart from conventional SIM cards. This is because Embedded SIM technology is standardized by Groupe Speciale Mobile Association, which comprises more than 800 mobile operators worldwide. Further, compact design of E-SIM cards is advantageous to original equipment manufacturers for increasing the battery size or to provide additional storage in electronic devices. Get Sample Copy: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27668 A report by Transparency Market Research predicts the global E-SIM card market to rise at a healthy 13.5% CAGR between 2017 and 2025. Progressing at this rate, the market is anticipated to display an opportunity of US$14,613.1 mn by 2025 increasing from US$4,095.6 mn in 2016.
Smartphones Application Segment to Display Leading CAGR until 2025 In terms of application, the global E-SIM card market has been segmented into machine to machine (M2M), wearable and companion devices, smartphones, and tablets and laptops. The segment of