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e-SIM Market, June 2021 Report On By Competitive Landscape, Size, Applications, Pricing Analysis and Opportunities Forecast to 2030, Fortune Business Insights

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Jun 16, 2021 (AmericaNewsHour) -- In a recent published report, Kenneth Research has updated the market report for e-SIM Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for e-SIM Market products.

Request To Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10159271

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

Market Analysis
The standard that aims to overcome the limitations of traditional SIM cards is an Emerging Subscriber Identification Module (SIM) or e-SIM . It is dependent on obtain over-the-air remote SIM provisioning which allocates the subscriber to wirelessly connect with a network supplier without the need of a traditional SIM card. The market is being pushed towards growth by the developing IoT and related technologies. IoT devices need to communicate wirelessly and the specifications of traditional SIM cards limit seamless operation due to shortage of remote provisioning capabilities. e-SIM is also the only globally established standard for M2M (machine-to-machine) communication.

Request To Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10159271

consumer electronics is the largest segment using e-SIM technology due to its rising combination in mobile phones, tablets, laptops, and smart wearables. Devices that can be linked via e-SIMs include cars, trucks, industrial machines, robots, and smart wearables. All parties in the M2M ecosystem will struggle if they continue exclusively reliant upon the traditional SIM card, which is linked with only one network operator at a time and requiring a quick way for remote provisioning with various operators.

Market Segmentation
The Global e-SIM Market has been segmented on the basis of end user and region. By end user the market has been segmented into Automotive, Energy & Utilities, Manufacturing, Retail, Consumer Electronics, and Transportation & Logistics. The consumer electronics segment responsible for the major market share in the year 2018, and the manufacturing segment is expected to register the highest CAGR of 29.0% during the forecast period. On the basis of region, the global e-SIM market has been segmented into different regions like Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.

Regional Analysis
Geographically, the global e-SIM market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. North America dominated the region in terms of market share in the e-SIM market. The market growth is ascribed to the existence of many e-SIM network service providers that recommend network assistance to e-SIM devices. The primary players in the region include Deutsche Telekom AG, AT&T, Verizon Wireless and Virgin Mobile, that operate across the region. The second-largest market in the e-SIM market in the year 2018 was Europe. Europe includes different regions like UK, Germany, Spain, and the rest of Europe.

As per the MRFR analysis the highest market share followed by the UK, Spain, and the rest of Europe is expected be gained by Germany. Some of the factors accountable for the market growth include the presence of many platform vendors who provide the underlying hardware for e-SIM integration.The prominent players in the region include STMicroelectronics (Switzerland), NXP Semiconductors. (Netherlands), Infineon Technologies AG (Germany), and Gemalto NV. (Netherlands) which operate around the region.

Request For Full Report-  https://www.kennethresearch.com/sample-request-10159271

Major Players
Infineon Technologies AG (Germany), (Netherlands), Giesecke+Devrient GmbH (Germany), NTT Docomo, Inc. (Japan), Sierra Wireless., (Canada), Telefonica S.A. (Spain), STMicroelectronics (Switzerland), Deutsche Telekom AG (Germany), Gemalto NV.(Netherlands), NXP Semiconductors and Singtel (Singapore) are some of the major players of the global e-SIM market.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.

Contact Us

Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609

The post e-SIM Market, June 2021 Report On By Competitive Landscape, Size, Applications, Pricing Analysis and Opportunities Forecast to 2030, Fortune Business Insights appeared first on America News Hour .

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