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Asia Pacific E-SIM Market Dynamics: Drivers, Challenges, and Opportunities
April 10, 2024
Growing traction of machine-to-machine and Internet of Things communication to drive the E-Sim market in the Asia Pacific through 2024.
According to TechSci Research report, “Asia Pacific E-SIM Market By Form Factor, By Application, By Country, Competition, Forecast & Opportunities, 2024”, the Asia Pacific E-SIM market is expected to grow at a double-digit CAGR during 2019-2024, on account of emerging technologies such as Internet of Things. E-SIM is an electronic sim card that can change the operator based on the needs, so as to offer an improved user experience. Growing awareness pertaining to wearable devices and a surge in mobile computing are pushing the market. However, a lack of regulations and concerns related to security may impede market growth during the forecast period.
The e-SIM market can be segmented based on form factor and application. On the basis of application, the market can be segmented into connected cars, wearables, smartphones & tablets, laptops and M2M. Owing to the presence of a favorable regulatory framework and increasing adoption of the Internet of Things in various verticals including consumer electronics, retail, automotive, transportation, and logistics, among others, the machine-to-machine or M2M segment dominated the market in 2018 and the trend is likely to continue in coming years as well.
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Major players operating in the Asia Pacific E-SIM market are:
- NTT Docomo Inc
- NXP Semiconductors N.V.
- Apple Inc.
- Deutsche Telekom AG
- Sierra Wireless Inc.
- STMicroelectronics N.V.
- Vodafone PLC
- Samsung Electronics
- Infineon Technologies AG
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Companies operating in the market are adopting organic and inorganic strategies such as product launches, investments & expansions, and agreements & contracts to ensure growth in the market. Apple has started implementing E-SIM in Apple watch series 3 and 4 and launched the iPhone XS and XS Max with E-SIM.
“Growth in the E-SIM market in Asia Pacific is expected to be driven by various factors such as ease to switch between network providers in real-time, activation of cellular plans without using physical SIM, and facility to save more than one operator profile on a device. Moreover, the presence of favorable government regulations for telecommunication is expected to bolster the market over the course of the next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Asia Pacific E-SIM Market By Form Factor, By Application, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of the Asia Pacific E-SIM market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Asia Pacific E-SIM market.
Table of Content
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Asia Pacific esim Market
4. Executive Summary
5. Voice of Customer
6. Asia Pacific esim Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.2.3. By Country
6.2.4. By Company
6.3. Product Market Map
6.4. China esim Market Outlook
6.4.1. Market Size & Forecast
6.4.1.1. By Value
6.4.2. Market Share & Forecast
6.4.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.4.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.4.3. Product Market Map
6.5. India esim Market Outlook
6.5.1. Market Size & Forecast
6.5.1.1. By Value
6.5.2. Market Share & Forecast
6.5.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.5.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.5.3. Product Market Map
6.6. Japan esim Market Outlook
6.6.1. Market Size & Forecast
6.6.1.1. By Value
6.6.2. Market Share & Forecast
6.6.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.6.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.6.3. Product Market Map
6.7. Indonesia esim Market Outlook
6.7.1. Market Size & Forecast
6.7.1.1. By Value
6.7.2. Market Share & Forecast
6.7.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.7.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.7.3. Product Market Map
6.8. Australia esim Market Outlook
6.8.1. Market Size & Forecast
6.8.1.1. By Value
6.8.2. Market Share & Forecast
6.8.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.8.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.8.3. Product Market Map
6.9. New Zealand esim Market Outlook
6.9.1. Market Size & Forecast
6.9.1.1. By Value
6.9.2. Market Share & Forecast
6.9.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.9.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.9.3. Product Market Map
6.10. South Korea esim Market Outlook
6.10.1. Market Size & Forecast
6.10.1.1. By Value
6.10.2. Market Share & Forecast
6.10.2.1. By Form Factor (Removable (1FF, 2FF, 3FF, 4FF); Embedded)
6.10.2.2. By Application (Connected Cars; Smartphones & Tablets; Laptops; Wearables; M2M)
6.10.3. Product Market Map
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