Global Embedded SIM market report also offers a thorough analysis of the key market drivers and restraints that play a vital role in influencing the growth of the industry. The report considers the currently unfolding coronavirus pandemic as one of the key influencing factors. The research report analyzes the overall impact of the pandemic on the Embedded SIM industry, along with its impact on the key segments and sub-segments of the market
The global Embedded SIM (eSIM) Market is forecasted to be worth USD 3019.1 Million by 2027, according to a current analysis by Emergen Research. The embedded sim (eSIM) market is forecasted to grow exponentially over the forecast timeframe owing to the growing adoption of IoT connected devices in manufacturing. The rising implementation of smart solutions across the globe is expected to further propel the market growth. Furthermore, the growing government initiatives to implement electric vehicle is expected to augment the market growth as eSIM has several advanced functionalities in electric vehicles.
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The growing adoption of IoT connected devices and rising government initiatives to promote electric vehicles is driving the demand for the market.
Embedded SIM (eSIM) Market Size – USD 410.1 Million in 2019, Market Growth - CAGR of 29.9%, Market Trends – The rise in the use of eSIM in Machine to Machine connectivity.
Competitive Landscape:
The research offers a bird’s eye view of the current market scenario regarding the operations of the leading companies in the Embedded SIM market. The report presents an extensive analysis of the leading players with regards to their business portfolio, product portfolio, market share and size, global reach and position, revenue share, gross profit margins, and production and manufacturing capacity.
Due to the rapid implementation of smart grids and other advanced technologies, North America is anticipated to hold the largest market over the forecast period. Due to the presence of a major market player in Europe is projected to experience substantial growth over the forecast period.
Key participants include KORE Wireless Group Inc., Giesecke+Devrient Mobile Security GmbH, Arm Limited, Gemalto NV, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors N.V., Deutsche Telekom AG, Sierra Wireless Inc., and Vodafone Group Plc among others.
- Solution Outlook (Revenue, USD Million; 2017-2027)
- Hardware
- Connectivity Services
- Application Outlook (Revenue, USD Million; 2017-2027)
- Smartphones
- Laptops
- Wearables
- Connected Cars
- Machine to Machine
- Others
- End-Use Outlook (Revenue, USD Million; 2017-2027)
- Energy & Utilities
- Automotive
- Retail
- Manufacturing
- Transportation & Logistics
- Consumer Electronics
Embedded SIM Market Segmentation:
For imparting a clear understanding, the Embedded SIM market is segmented on the basis of types, applications, and key geographical regions.
Segmentation
Embedded SIM Market Region:
The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
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Major Highlights of the ToC:
Market Dynamics:
- Market Trends
- Opportunities
- Market Drivers
- Challenges
- Influence Factors
Developmental Trend Analysis:
- Market Trend Analysis
- Market Size (Volume and Value)
Methodology/Research Approach:
- Research Programs/Design
- Market Size Estimation
- Market Breakdown and Data Triangulation
- Data Source
Read More:https://www.emergenresearch.com/industry-report/embedded-sim-market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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Emergen Research | Web: www.emergenresearch.com
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