ESIM Subscription Market is expected to reach USD 6359.64 Million by 2030 at a CAGR of 32.3 percent

(IT-NEWSWIRE.COM, June 24, 2024 ) As per Maximize Market research, the ESIM Subscription Market size was valued at USD 896.42 Mn. in 2023 and the total ESIM Subscription revenue is expected to grow by 32.3 % from 2024 to 2030, reaching nearly USD 6359.64 Mn.

ESIM Subscription Market Report Scope and Research Methodology

The ESIM Subscription Market Report covers market size, growth trends, key players, applications, and regional analysis. A comprehensive research methodology, including primary interviews, surveys, and secondary data analysis from industry reports, journals, and databases, is employed. The report provides insights into market drivers, challenges, opportunities, and the competitive landscape.

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ESIM Subscription Market Dynamics:

The global automobile industry's substantial growth is driven by the widespread adoption of eSIMs in connected vehicles, enhancing navigation, telematics, and assisted driving systems. Market expansion is also supported by eSIMs application in space-efficient M2M and wireless communication technologies.

ESIM Subscription Market Regional Analysis:

During the forecast period, the APAC region anticipates substantial growth. Smartphone giants such as Huawei and Samsung Electronics have launched eSIM-enabled handsets, bolstering their presence in the smartphone market and solidifying eSIM as the standard technology for upcoming connected devices.

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ESIM Subscription Market Segmentation

By Solution

Hardware

Connectivity Services

Others

By Applications

Connected Cars

Laptops

M2M

Smartphones

Tablets

Wearables

Others (Drones, Smart Meters, Smart Grids)

By End User

Automotive

Consumer Electronics

Energy & Utilities

Manufacturing

Retail

Transportation & Logistics

Others

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ESIM Subscription Market Key Players

ARM Holdings

Deutsche Telekom AG

Gemalto NV

Giesecke+Devrient Mobile Security GmbH

Infineon Techno

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ESIM Subscription Market is expected to reach USD 6359.64 Million by 2030 at a CAGR of 32.3 percent