DUBLIN--(BUSINESS WIRE)--Sep 4, 2018--The “Global eSIM Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global eSIM market to register a CAGR of 37.5% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global eSIM market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of eSIMs for applications in automotive, consumer electronic products and other (laptops, smart thermostats and smart meters) sectors. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is the growing demand for increased network bandwidth. The increased popularity of smartphones and the deployment of next generation wireless networks such as 3G, 4G and 5G have resulted in high network traffic. The form factor and the ability to provide fast and flexible connections of eSIMs is driving mobile device vendors to incorporate eSIMs into their products. This will fulfill the ever-growing need of network bandwidth and fuel the growth of the eSIM market.
Major car companies such as Tesla, Audi, Mercedes Benz, Ford and BMW are investing heavily on research and development of autonomous driving technologies. With the integration of eSIMs these autonomous cars will also be connected cars. Autonomous vehicles will provide eSIM manufacturers with several business opportunities thereby boosting the growth of the global eSIM market.
Further, the report states that one of the major factors hindering the growth of this market is the increase in competition from soft SIMs. Soft SIMs are embedded software SIM that can be removed and reprogrammed by the device. Soft SIMs can replace traditional SIMs an eSIMs, as one can easily switch networks while porting to a different network provider by selecting and entering details in the software itself.
Market trendsAutonomous driving Growing awareness of wearable devices Increase in mobile computing devices
Key vendorsGemalto Infineon Technologies Deutsche Telekom STMicroelectronics NXP Semiconductors
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/pgmpfl/global_esim?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180904005825/en/
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Related Topics:Smartphones and Mobile Devices
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS MOBILE/WIRELESS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/04/2018 03:39 PM/DISC: 09/04/2018 03:39 PM