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esim Market: Size, Share, Outlook, And Opportunity Analysis, 2022 - 2030 | Research Report By Introspective Market Research
Market Overview:Global eSIM Market size was valued at USD 182.67 Million in 2021 and is projected to reach USD 1262.05 Million by 2028, growing at a CAGR of 31.8% from 2022 to 2028.
A hardware chipset that is permanently integrated within a device is known as an "eSIM" or "embedded SIM." It is a small chip that is used to activate a mobile plan, confirm the identity of the user, and store data as well as many operator profiles on a device all at once. It is widely used in tablet computers, smartphones, laptops, networked cars, and machine-to-machine (M2M) processes. Many advantages of using an eSIM include support for various cell carriers, the removal of the need for specialized slots, less space needs, and streamlined activation.
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The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
Market Dynamics
Driver:
Without requiring physical access to the SIM card, remote provisioning allows you to download an operator profile to an in-market SIM and alter or delete the SIM profiles. Machine-to-machine (M2M) connections, which include simple and smooth mobile connections for all types of linked devices, depend heavily on the eSIM card. A requirement for M2M is the pervasive networking of devices across geographical regions. Embedded SIM runs in a controlled and secure environment and eliminates the inconvenience of switching service providers, which increases operational efficiency.
Opportunities:
Due to the flexibility and connection provided by the IoT infrastructure and the increased drive for smart cities and infrastructure growth in emerging countries, smart solutions, such as electric vehicles, smart cities, and smart metres, are being embraced more widely around the world. A few of the important drivers that will result in the introduction of services like the deployment of smart grids, automatic security systems, connected cars, among many others, include the evolution and expansion of networks, reduced cost of hardware components like sensors and actuators, and the emergence of new business models. This will increase investments in creating innovative smart solutions. As a result, the participants in the eSIM market are projected to see growth opportunities due to the increasing need for smart solutions across a range of applications in industries including energy & electricity, automotive, healthcare, and agriculture.
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help
Segmentation Analysis Of The eSIM Market
By Solution
• Hardware
• Software
By Application
• Connected Cars
• Smartphones
• Laptops
• M2M
• Others
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Top Key Players Covered In the eSIM Market
• Infineon Technologies AG (Germany)
• STMicroelectronics (Switzerland)
• Deutsche Telekom AG (Germany)
• Giesecke+Devrient Mobile Security GmbH (Germany)
• Thales Group (France)
• KORE Wireless (US)
• Arm Limited(UK)
• Truphone Limited (UK)
• Workz Group (Dubai)
• Sierra Wireless (Canada)
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