The eSIM Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the eSIM Market?
The eSIM market has seen substantial growth in recent years. The market's value was $10.76 billion in 2024 and is expected to reach $12.08 billion in 2025. This reflects a compound annual growth rate (CAGR) of 12.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the eSIM Industry?
The eSIM market is projected to expand to $20.53 billion by 2029, with a compound annual growth rate of 14.2%.
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What are the Key Growth Drivers Fueling the eSIM Market?
The key drivers in the esim market are:
• Continued growth in IoT connectivity
• Expansion of 5G networks
• Emergence of new use cases
• Rising demand for remote SIM provisioning
Global Market Segmentation: Identifying Major eSIM Industry Segments
The eSIM market covered in this report is segmented –
1) By Solution: Hardware, Connectivity Services
2) By Application: Connected Cars, Laptops, M2M, Smartphones, Tablets, Wearables, Other Applications
3) By Vertical: Automotive, Consumer Electronics, Energy And Utilities, Manufacturing, Retail, Transportation And Logistics
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What are the Emerging Trends Shaping the Future of the eSIM Market?
The key trends in the esim market are:
• The proliferation of IoT is becoming a major trend in the eSIM market.
• The integration of embedded sims in smart home devices is another emerging trend.
• There is a rising trend of cross-industry collaboration in the eSIM market.
• Another dominant trend is the focus on security, authentication, and integration with blockchain technology.
Who Are the Top Competitors & Leading Players in the eSIM Market?
Major companies in the esim market are:
• Infineon Technologies AG
• NXP Semiconductors N.V
• Samsung Group
• STMicroelectronics
• CEC Huada Electronic Design Co Ltd
• Eastcompeace Technology Co Ltd
• Valid S.A.
• Microchip Technology Incorporated
• Sony Group Corporation
• EM Microelectronic
• Watchdata Technologies Ptd Ltd
• CardLogix Corporation
• Gemalto (now Thales Digital Identity and Security)
• IDEMIA
• Giesecke+Devrient
• Sierra Wireless
• Deutsche Telekom AG
• Telit
• Arm Holdings
• Vodafone Group
• Telefónica
• Cubic Telecom
• Truphone
• Workz Group
• KORE Wireless
• Kigen
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the eSIM market in 2024
