Cloud Network Infrastructure Market Share, Business Overview, Challenges, Opportunities Share Global Analysis and Forecast to 2027

Market Research Future (MRFR) discuss factors that can impact the eSIM Market
Size 2020 share across different region. The e-SIM market growth is
studied using modern research techniques. The post coronavirus scenario of the
market and the current influence of COVID on the e-SIM market are
elaborated in the report. As per MRFR study, the global E-SIM market value
can touch USD 913.9 Mn by 2024. The eSIM global market can rise at
28.0% CAGR across the forecast period (2018–2024).
The rise in rate of adoption IoT by consumer and industrial
sectors can drive the e-SIM market in the years to come. The development of
e-SIM standards to eliminate traditional SIM cards limitations and meet
different connectivity requirements in the new-age connected devices era, such
as automobiles application and smart robots can boost the expansion of the e-SIM
market in the years to come. The increase in the preference for IoT
applications in different industries can promote the growth of the eSIM market
through the assessment period. IoT devices need seamless connectivity, which
limits traditional SIM cards to provide capabilities that are significant for
IoT devices. eSIM is reputed for over-the-air remote provisioning tool that can
slash the need for physical SIM cards. The rise in popularity of e-SIM can
promote the expansion of the market.
The COVID-19 pandemic
disruption is estimated to transform thee-SIM Market Size market in the years
to come drastically, and its after-effects will be persistently seen in the
years ahead. The MRFR report on thee-SIM Market Size market meticulously tracks
the COVID-19 pandemic effect for the years ahead. Moreover, the precise
analysis of drivers and restraints in a post-COVID-19 market offers a coherent
understanding of future growth cues.
The
sudden challenges created by the ongoing COVID-19 are captured effectively to
exhibit the long term growth projections in the MRFR report one-SIM Market Size
Market. The growth sectors of thee-SIM Market Size Market are identified with
precision for a better growth perspective.
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Segmentation:
The segment study of the e-SIM market is done based on end
user. The end-user based segments of the e-SIM market are manufacturing,
retail, automotive, consumer electronics, energy & utilities, and
transportation & logistics. The consumer electronics segment is likely to
generate revenue above USD 76.7 Mn on the conclusion of the evaluation period.
The manufacturing segment accounted for a substantial share of the market in
the study years. The segment can rise at significant CAGR in the forecast
period owing to the rise in the implementation of IoT industrial solutions.
Regional
Analysis:
In North America, the eSIM market can hold the largest share and
is likely to retain its hegemony throughout the assessment period. The chief
factor that can drive the expansion of North America e-SIM market across the
assessment period is the rise in the adoption of IoT-based smart factories. The
high support obtained from network operators to rise e-SIM standards is another
factor that can rise the growth of the eSIM market in the study period.
In Asia Pacific, the eSIM market can rise at the highest pace
with a 29.4% CAGR in the forecast period. The existence of major eSIM
players across India, China, South Korea, Japan, and Hong Kong can support the
rise of the expansion of the market in the years to come. Potential network
providers in India, such as NTT Docomo, Inc. Airtel, and Reliance Jio among
others are introducing effective innovations that can prompt the expansion of
the regional market. The expansion of their services offered by other reputed
network providers in the Asia Pacific region can prompt the rise of the
regional market.
In Europe, the rise of the eSIM market in the UK, followed by
Spain, Germany, and the rest of Europe, is likely at a high growth pace. Major
factors that can cause the rise of the market are the existence of a numerous
platform vendors capable of providing the underlying hardware requirements for
eSIM integration.
Competitive Outlook:
MRFR
identified some prominent players in the eSIM market. They are
STMicroelectronics (Switzerland), Gemalto NV (Netherlands), NXP Semiconductors
(Netherlands), Infineon Technologies AG (Germany), Giesecke+Devrient GmbH
(Germany), NTT Docomo, Inc. (Japan), Telefonica S.A. (Spain), Deutsche Telekom
AG (Germany), Sierra Wireless., (Canada), and Singtel (Singapore).
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Full Report Details @ https://www.marketresearchfuture.com/reports/esim-market-6619
1 Executive
Summary
2 Scope
of the Report
2.1 Market
Definition
2.2 Scope of the
Study
2.2.1 Research
objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
About
Market Research Future:
At Market Research Future
(MRFR), we enable our customers to unravel the complexity of various industries
through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR),
Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
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