E-SIM Card Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

E-Sim Card Market is anticipated to grow at a considerable CAGR of 17.8% during the forecast period. An E-SIM (embedded SIM) is an industry-standard digital SIM that allows you to activate a mobile data plan from your network provider without having to use a physical SIM. Numerous consumer goods, including cellphones, wearable technology, and laptops, use E-SIM cards. They are also a part of connected cars, smart meters, medical IoT devices, home automation, security systems, handheld POS (Point of Sales) systems, and medical IoT devices.

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Due to the numerous benefits offered by the implementation of E-SIM in M2M devices, including simpler device setup without the requirement of inserting or replacing a SIM card, improved reliability and security, sleek design, and no requirement of a connector, the M2M application is anticipated to hold a considerable share of the market during the forecast period. Additionally, eSIM makes it possible to handle M2M devices, many of which are hermetically sealed and situated remotely, effectively.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global E-SIM Market Report Segment

By Solution Type 

  • Hardware
  • Connected Services

By Application 

  • Connected Cars
  • Smart Home Appliances
  • M2M
  • Smartphones
  • Vehicle Tracking
  • Wearables
  • Others (Drones, Smart Meters, Smart Grids)

By Vertical

  • Automotive
  • Consumer Electronics
  • Energy & Utilities
  • Manufacturing, Retail
  • Transportation & Logistics
  • Other Verticals(Smartphones)

Global E-SIM Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global E-SIM market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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