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eSIM Market - Global Forecast to 2023 - Focus on Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables - ResearchAndMarkets.comThe "eSIM Market by Application (Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables), Vertical (Automotive, Consumer Electronics, Energy & Utilities, Manufacturing, Retail, Transportation & Logistics), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The global eSIM market is estimated to grow from USD 253.8 million in 2018 to USD 978.3 million by 2023, at a CAGR of 31.0% between 2018 and 2023. The growth of the eSIM market is attributed to the emphasis on remote SIM provisioning for M2M, favorable government regulations boosting M2M communication, and high adoption of IoT technology The rising persistent connectivity on smartphones and growing demand for high-bandwidth applications are driving the adoption of eSIM in smartphones and is anticipated to register exponential growth in the near future. Smartphone vendors are endeavored to bring eSIM into their smartphone offerings to gain a competitive edge in the market Smartphone manufacturers are entering into collaborations with semiconductor companies to adopt this novel technology. The consumer electronics vertical remains one of the major forces shaping disruption, innovation, and growth across various technology industries. ESIM is anticipated to be a game changer in consumer electronics applications. It aids in intelligent switching of operator profiles without any hassle to the end user, with no geographical border constraints. The adoption of eSIMs by consumer electronics stakeholders is likely to position them as leading players in connectivity and IoT markets in the forthcoming years. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 eSIM Market, By Application 7 eSIM Market, By Vertical 8 Geographic Analysis 9 Competitive Landscape 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pqgj89/esim_market?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180403006123/en/ |
