Global E-SIM Market, Trends & Growth Opportunity, By Component (Hardware, Connectivity), By Application (Mobile Phones, Laptops, Tablets, Wearables, Others), By Vertical (Retail, Consumer Electronics, Manufacturing, Automotive, Sports & Entertainment, Others), By Region - By Region and Forecast Till 2030.
Global E-SIM Market
The global e-SIM market was valued at USD 7.5 Bn in 2022 and is expected to expand to USD 16.72 Bn by 2030 at a CAGR of 9.65% during the forecast period 2023-2030.
E-SIM, also known as embedded SIM, is a type of SIM card that allows users to use cellular plans without the need to purchase a physical SIM card from a carrier. Software is installed in an eUICC chip which is permanently attached to a device. This software helps in the functioning of the e-SIM. E-SIM was first introduced in 2016 and is slowly replacing traditional sim cards, even in the telecom industry.
Market Drivers
The market is being driven by the rise in the use of e-sim-compatible devices. The advancement of IoT and the increasing adoption of laptops, smartphones, tablets, and other smart wearables has enabled interconnection.
Moreover, the benefit of e-sim that allows users to store and operate multiple profiles simultaneously is also driving the market growth. The growing popularity of machine-to-machine learning will enable further market growth. E-sims also have the potential to connect to automobiles, which can enhance driving experiences.
Market Restraints
The major hurdle to the growth of the market is its vulnerability to security breaches. The credentials of Mobile Network Operators (MNOs) are stored within the e-sim which can pose a potential threat to data security.
Market Segmentation
The global e-sim market is segmented by components, such as hardware and connectivity. Based on application, the market is segmented into mobile phones, laptops, tablets, wearables, and others. Further, the market is segmented into verticals, such as retail, consumer electronics, manufacturing, automotive, sports & entertainment, and others.
Regional Analysis
The North American market is expected to lead the market share during the forecast period. This is due to the presence of several corporate giants dedicated to technological advancements in communication and connectivity. Moreover, the region's sound communication infrastructure can support the rapid adoption of e-sim technologies.
Key Players
Deutsche Telekom AG, Semtech Corporation, NXP Semiconductors N.V., Telefónica, Etisalat, Infineon Technologies AG, Vodafone Group, Giesecke+Devrient GmbH, Orange, KORE Wireless, Idemia, STMicroelectronics, Singtel, TP Global Operations Limited, Sinch.
Market Taxonomy
By Component
•        Hardware
•        Connectivity
By Application
•        Mobile Phones
•        Laptops
•        Tablets
•        Wearables
•        Others
By Vertical
•        Retail
•        Consumer Electronics
•        Manufacturing
•        Automotive
•        Sports & Entertainment
•        Others
By Region
•        North America (USA, Canada, Mexico)
•        Europe (Germany, France, UK, Rest of Europe)
•        Asia Pacific (China, India, Japan, Rest of Asia Pacific)
•        Latin America (Brazil, Rest of Latin America)
•        Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)

Global E-SIM Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global E-SIM Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global E-SIM Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global E-SIM Market Share Analysis, By Component
5.3 Global E-SIM Market Size and Forecast, By Component
5.3.1 Hardware
5.3.2 Connectivity
6 Global E-SIM Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global E-SIM Market Share Analysis, By Application
6.3 Global E-SIM Market Size and Forecast, By Application
6.3.1 Mobile Phones
6.3.2 Laptops
6.3.3 Tablets
6.3.4 Wearables
6.3.5 Others
7 Global E-SIM Market, By Vertical
7.1 Y-o-Y Growth Comparison, By Vertical
7.2 Global E-SIM Market Share Analysis, By Vertical
7.3 Global E-SIM Market Size and Forecast, By Vertical
7.3.1 Retail
7.3.2 Consumer Electronics
7.3.3 Manufacturing
7.3.4 Automotive
7.3.5 Sports & Entertainment
7.3.6 Others
8 Global E-SIM Market, By Region
8.1 Global E-SIM Market Share Analysis, By Region
8.2 Global E-SIM Market Size and Forecast, By Region
9 North America E-SIM Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America E-SIM Market Share Analysis, By Component
9.3 North America E-SIM Market Size and Forecast, By Application
9.4 North America E-SIM Market Size and Forecast, By Vertical
9.5 North America E-SIM Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe E-SIM Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe E-SIM Market Share Analysis, By Component
10.3 Europe E-SIM Market Size and Forecast, By Application
10.4 Europe E-SIM Market Size and Forecast, By Vertical
10.5 Europe E-SIM Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific E-SIM Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific E-SIM Market Share Analysis, By Component
11.3 Asia Pacific E-SIM Market Size and Forecast, By Application
11.4 Asia Pacific E-SIM Market Size and Forecast, By Vertical
11.5 Asia Pacific E-SIM Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia
12 Latin America E-SIM Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America E-SIM Market Share Analysis, By Component
12.3 Latin America E-SIM Market Size and Forecast, By Application
12.4 Latin America E-SIM Market Size and Forecast, By Vertical
12.5 Latin America E-SIM Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East E-SIM Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East E-SIM Market Share Analysis, By Component
13.3 Middle East E-SIM Market Size and Forecast, By Application
13.4 Middle East E-SIM Market Size and Forecast, By Vertical
13.5 Middle East E-SIM Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Deutsche Telekom AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Semtech Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 NXP Semiconductors N.V.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Telefónica
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Etisalat
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Infineon Technologies AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Vodafone Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Giesecke+Devrient GmbH
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Orange
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 KORE Wireless 
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Idemia
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 STMicroelectronics
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
15.13 Singtel
15.13.1 Overview
15.13.2 Offerings
15.13.3 Key Financials
15.13.4 Business Segment & Geographic Overview
15.13.5 Key Market Developments
15.13.6 Key Strategies
15.14 TP Global Operations Limited
15.14.1 Overview
15.14.2 Offerings
15.14.3 Key Financials
15.14.4 Business Segment & Geographic Overview
15.14.5 Key Market Developments
15.14.6 Key Strategies
15.15 Sinch
15.15.1 Overview
15.15.2 Offerings
15.15.3 Key Financials
15.15.4 Business Segment & Geographic Overview
15.15.5 Key Market Developments
15.15.6 Key Strategies