Stratview Research has published a new report titled “E-SIM Card (Embedded SIM) Market” which is segmented By Type (SMD, SIP), By Application (M2M, Wearable & Companion Devices, Tablets & Laptops, Smartphones), and Region. As per the study, the Market estimated to grow from USD 494.1 million in 2020 to USD 1986.3 million by 2026 at a healthy CAGR of 26.7% during the forecast period.
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This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on application, the E-SIM card (embedded SIM) market has been divided into M2M, wearable & companion devices, tablets & laptops and smartphones. The wearable & companion devices application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing demand for wearable consumer electronics worldwide.
Which Region is expected to remain the largest market?
By region, the North America E-SIM CARD (Embedded SIM) Market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to high product adoption rate and presence of key market players such as Apple Inc. (US). The market growth in Asia-Pacific region is expected to grow at a fastest CAGR during the review on account of increasing demand for consumer electronics particularly in China and India.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the E-SIM Card (Embedded SIM) Market:
Apple Inc. (US)
Samsung (South Korea)
Giesecke & Devrient GmbH (Germany)
NTT Docomo Inc. (Japan)
Telefonica S.A. (Spain)
Sierra Wireless, Inc. (Canada)
Deutsche Telekom AG (Germany)
Key questions answered by the report
- What is the projected CAGR for revenue from the E-SIM Card (Embedded SIM) Market during the forecast period?
- What would be the market be valued at by 2027?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the E-SIM Card (Embedded SIM) Market?
- Which are the major market players?
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