eSIM Market By End-user (Automotive Sector, Telecom Sector, Utilities Sector, Manufacturing Sector, Logistics, and Others), By Offering (Hardware and Connectivity Management), By Geography (North America, Europe, APAC, RoW) – Global Forecast up to 2025

  • October, 2019
  • Domain: ICT - Telecommunications
Pages: 70
Tables: 20
Charts: 25
Regions/Countries: 4/7
Companies: 11
Enquiry Hours: 10
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eSIM (embedded subscriber identity module) is an embedded rewritable chip that eliminates the need for a physical SIM in electronic devices; this requires M2M and telecom communication. eSIM enables remote SIM provisioning for mobile devices and is currently supported by several telecom carriers. Few of the major tech companies, including Apple, Alphabet (Google), Samsung, and Huawei, have released devices with eSIM capability. Google’s Android framework has started providing standard APIs for accessing eSIM and managing subscription profiles on the eSIM since Android 9.

A significant factor driving the growth of the eSIM market is the increase in M2M connections globally. Many M2M cases require remote monitoring, and managing the connection using traditional SIM becomes hectic. Telecom devices are among the largest adopters of eSIM solutions. With support from OEMs, network providers, and consumers, the implementation of eSIM is expected to boom during the forecast period. Other major end-users of eSIM, apart from telecom devices, are IoT devices and automobiles. eSIM occupies lesser space, which makes it an ideal choice for IoT device manufacturers. In the automotive industry, eSIM finds many use cases associated with vehicle telematics. For instance, norms including AIS 140 mandate the use of a GPS device with eSIM capability for public vehicles in India.

It is estimated that the share of telecom devices in the implementation of cellular connections will come down by 2020 with a higher number of M2M devices with cellular connections gaining momentum. M2M devices will witness an increased level of adoption in the healthcare sector and smart cities. One major point of concern from the consumer perspective is the security associated with eSIM implementation, which can only be countered using industry-leading security standards for eSIM implementation.

The global eSIM market is expected to cross $700 million in revenue by the end of 2019, with increasing demand for eSIM in the areas of connected cars, consumer electronics, and IoT devices.

eSIM has several benefits over traditional SIM that are driving the global eSIM market. For a device end-user, eSIM makes the subscription management easier and eliminates the need for handling several physical SIM cards. Operators can cut the distribution cost and can avail more opportunities in the smart wearables market and the automotive industry. From the perspective of a device manufacturer, eSIM helps to reduce the space consumed within a product. Electronic devices, including smartphones, require maximum space utilization internally for adding more features for differentiation. The use of eSIM also helps to make the device better water-resistant by eliminating the need for a removable SIM tray. Device manufacturers can also offer remote service updates and value-added services after the device is shipped for enhancing the customer experience.

Based on geography, the global eSIM market is segmented in the regions of North America, Europe, APAC, and RoW. RoW includes Middle East, South America, and Africa. North America is the leading revenue generator in the global eSIM market, with a significant market share contributed by the US.

Based on end-users, the global eSIM market is segmented into automotive sector, telecom sector, utilities sector, manufacturing sector, logistics sector, and others. Others include the use of eSIM devices for environment safety and security services used across all urban areas, including smart cities. Some of the major use cases of eSIM will be witnessed in vehicle telematics, apart from telecom devices. Increasing R&D on connected vehicles and autonomous vehicles will fuel the demand for eSIM during the forecast period.

Based on offering, the global eSIM market is segmented into hardware segment and connectivity management services. The hardware segment includes the revenue generated from the sales of eSIM hardware modules. Connectivity management services involve the services provided by vendors for securely and remotely managing the lifecycle of cellular subscriptions.

eSIM makes it easier for consumers to change their telecom operators. This may increase the number of consumers switching between several networks and can increase the competition in the already competitive telecom market. This is delaying the process of eSIM implementation among few telecom operators and is hampering the growth of the eSIM market.

Major vendors in the global eSIM market are STMicroelectronics, Sierra Wireless, Oasis Smart SIM, IoTivity Communications, Thales (Gemalto), Emnify, Tata Communications, Infineon Technologies, Giesecke+Devrient Mobile Security, KORE Wireless, and Workz Group

According to Infoholic Research, the global eSIM market will grow at a CAGR of over 90% during the forecast period 2019–2025. The aim of this report is to define, analyze, and forecast the eSIM market based on segments, which include end-user, offering, and region. In addition, the report helps venture capitalists in understanding the companies better and make well-informed decisions and is primarily designed to provide the company’s executives with strategically substantial competitor information, data analysis, and insights about the market, development, and implementation of an effective marketing plan.

  • The global eSIM market report comprises an analysis of vendors, which includes financial status, business units, key business priorities, SWOT, business strategies, and views.
  • The report covers the competitive landscape, which includes M&A, joint ventures & collaborations, and competitor comparison analysis.
  • In the vendors profile section, for companies that are privately held, the financial information and revenue of segments will be limited.

1          Executive Summary          

2          Industry Outlook    

2.1     Industry Snapshot   

2.1.1   Industry Trends       

3          Market Snapshot    

3.1     Total Addressable Market

3.2     Segmented Addressable Market    

3.2.1   PEST Analysis

3.2.2   Porter’s Five Force Analysis 

3.23    Related Markets      

4          Market Characteristics     

4.1     Market Ecosystem   

4.2     Market Segmentation         

4.3     Market Dynamics     

4.3.1   Market Drivers        

4.3.2   Market Restraints    

4.3.3   Market Opportunities

4.3.4   DRO – Impact Analysis

5          Global eSIM Market, By End-user          

5.1     Overview

5.2     Automotive Sector

5.3     Telecom Sector

5.4     Utilities Sector

5.5     Manufacturing Sector

5.6     Logistics

5.7     Others

6          Global eSIM Market, By Offering

6.1     Overview

6.2     Hardware

6.3     Connectivity Management

7          Global eSIM Market, By Region

7.1     Overview      

7.2     North America

7.2.1   US

7.2.2   Canada

7.4     Europe

7.4.1   UK

7.4.2   Germany

7.4.3   France

7.4.4   Others

7.4     APAC

7.4.1   China

7.4.2   Japan

7.4.4   Others

7.5     RoW   

8          Competitive Landscape    

8.1     Competitor Analysis 

8.2     Product/Offerings    

8.3     Market Developments        

8.3.1   Mergers & Acquisitions (M&A)       

8.3.2   Expansions    

8.3.3   Business Restructuring       

9          Vendors Profile

9.1     STMicroelectronics

9.1.1   Analyst Opinion

9.1.2   Business Analysis

9.2     Sierra Wireless

9.2.1   Analyst Opinion

9.2.2   Business Analysis

9.3     Oasis Smart SIM

9.3.1   Analyst Opinion

9.3.2   Business Analysis

9.4     IoTivity Communications

9.4.1   Analyst Opinion

9.4.2   Business Analysis

9.5     Thales

9.5.1   Analyst Opinion

9.5.2   Business Analysis

9.6     Emnify

9.6.1   Analyst Opinion

9.6.2   Business Analysis

9.7     Tata Communications

9.7.1   Analyst Opinion

9.7.2   Business Analysis

9.8     Infineon Technologies

9.8.1   Analyst Opinion

9.8.2   Business Analysis

9.9     Giesecke+Devrient Mobile Security

9.9.1   Analyst Opinion

9.9.2   Business Analysis

9.10    KORE Wireless

9.10.1 Analyst Opinion

9.10.2 Business Analysis

9.11    Workz Group

9.11.1 Analyst Opinion

9.11.2 Business Analysis    

10        Annexure     

10.1    Report Scope

10.2    Market Definition     

10.3    Research Methodology        

10.3.1 Data Collation & In-house Estimation       

10.3.2 Market Triangulation 

10.3.3 Forecasting   

10.4    Study Declaration    

10.5    Report Assumptions 

10.6    Stakeholders 

10.7    Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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