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 most advanced "all-in-one" chipset in the world, incorporating NFC, Secure Element, and eSIM, and the 40 nm Secure element of SU070, provides digital wallet protection and eSIM solutions. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry .With the introduction of this solution, NXP will strengthen its position globally. Machine to Machine communication, the Machine to Machine segment is expected to hold the largest market in the forecast period. 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 report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The growing adoption of IoT connected devices and rising government initiatives to promote electric vehicles is driving the demand for the market. Insightful information for the new entrants willing to enter the market Details and insights about business expansion strategies, product launches, and other collaborations.
The consumer electronics segment is anticipated to hold the largest market owing to the wide use of eSIM due to its enhanced protection and connectivity, and greater reliability. Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. The growing adoption of IoT connected devices and rising government initiatives to promote electric vehicles is driving the demand for the market. In February 2018, NXP Semiconductors N.V. launched an innovative eSIM solution, SN100U.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. The Global Embedded SIM Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Embedded SIM market in each key region of the world. With the introduction of this solution, NXP will strengthen its position globally. The report also covers strategic business measures undertaken by the companies to gain substantial market share.
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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.
Emergen Research has segmented the global Embedded SIM (eSIM) Market on the basis of solution, application, end-use, and region:
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.
Regional Analysis of the Embedded SIM Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Points of Embedded SIM Market:
Extensive coverage of the analysis of the Embedded SIM market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Embedded SIM market
Complete data about the key manufacturers and vendors in the Embedded SIM market
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Embedded SIM market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Embedded SIM market size
2.2 Latest Embedded SIM market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Embedded SIM market key players
3.2 Global Embedded SIM size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Embedded SIM market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Read More: https://www.emergenresearch.com/industry-report/embedded-sim-market
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