Hit enter to search or ESC to close
According to the Market Statsville Group, the global e-sim market size is expected to grow from USD 702.2 million in 2021 to USD 6673.8 million by 2030, at a CAGR of 32.5% from 2022 to 2030. Embedded Subscriber Identity Module (eSIM) or Embedded Universal Integrated Circuit Card (eUICC) is a reprogrammable chip that can be soldered or removed. It’s a small chip that the user uses to verify their identity with their carrier. In terms of functionality, eSIM is very clever. It allows users to switch between different mobile network operators (MNOs) and manages accounts by updating the user’s mobile phone software settings.
Get Full PDF Sample Copy of Report E-Sim Market:https://www.marketstatsville.com/request-sample/e-sim-market
The ability to download an operator profile to an in-market SIM and change or delete subscriber identity module (SIM) profiles without having physical access to the SIM card is known as remote provisioning. Machine-to-machine (M2M) connections, including seamless and straightforward mobile connections for all connected devices, rely on the eSIM card. M2M requires the ubiquitous connectivity of devices across geographic regions. Embedded SIM eliminates the hassle of switching service providers, resulting in increased operational efficiency and a controlled and secure environment. The latest embedded SIM cards provide guaranteed profile interoperability as well as a primary platform for players to collaborate on a level playing field.
With technological advancements, the proliferation of IoT devices, and the proliferation of M2M services, ensuring secure and reliable communication among connected systems is becoming increasingly important. As a result, maintaining the security of these systems has become difficult. Embedded SIM cards enable automatic interoperability between connectivity platforms and multiple SIM operator profiles, allowing for remote provisioning of SIM profiles. However, if security is compromised, the operational flexibility provided by an embedded SIM will be useless. The eSIM collects and stores mobile network operator (MNO) credentials in the device’s inbuilt software, which is vulnerable to various security breaches. It also uses multiple MNOs and physical platforms, making it vulnerable to the risks of the virtual world.
Make an Enquire before Purchase @:https://www.marketstatsville.com/buy-now/e-sim-market?opt=2950
The study categorizes the eSIM market based on application, industry vertical, and region.
Request for Complete TOC and Figures & Graphs @https://www.marketstatsville.com/table-of-content/e-sim-market
Asia Pacific accounts for the highest CAGR during the forecast period
Based on the regions, the global eSIM market has been segmented across North America, Asia–Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR in the global eSIM market during the forecast period. The region includes the countries such as China, India, Japan, South Korea, Australia, Southeast Asia, and Rest of Asia–Pacific. Strong economic growth in domestic emerging countries such as China, Indonesia, Malaysia, and India is driving the region’s expansion.
Major players in the global eSIM market are:
Request For Report Description @https://www.marketstatsville.com/e-sim-market
Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.
We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.
Market Statsville Groups
416, East standsberry street,
Perkins, Oklahoma 74059, US
USA: +1-580-205-2707 | India: +91-702-496-8807
Email: [email protected]
MSG Blog https://marketstatsvilleblogs.com
LinkedIn | Facebook | Twitter
About the author
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.