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Embedded SIM (eSIM) Market Growth, Overview with Detailed Analysis 2024-2030

Embedded SIM (eSIM) Market size was valued at USD 910.61 Bn in 2023 and is expected to reach USD 6368.55 Bn by 2030, at a CAGR of 32.03%.<br><br>ud835udc12ud835udc1aud835udc26ud835udc29ud835udc25ud835udc1e ud835udc11ud835udc1eud835udc29ud835udc28ud835udc2bud835udc2d ud835udc0bud835udc22ud835udc27ud835udc24 :https://www.maximizemarketresearch.com/market-report/global-esim-market/3132/

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Embedded SIM (eSIM) Market Growth, Overview with Detailed Analysis 2024-2030

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  1. EMBEDDED SIM (ESIM) MARKET GLOBAL ANALYSIS REPORT 2024-230 Published by: Rahul, Marketing Head

  2. Market Size & Overview: The global Embedded SIM (eSIM) market was valued at approximately USD 910.61 billion in 2023 and is projected to reach around USD 6,368.55 billion by 2030, growing at a compound annual growth rate (CAGR) of 32.03%. eSIMs are programmable chips embedded within devices, enabling users to connect to local networks without the need for physical SIM cards, thus enhancing convenience and flexibility, especially for travelers.

  3. Market Growth & Opportunities The eSIM market is experiencing significant growth due to the rising demand for connected devices telecommunications, automotive, healthcare, and consumer electronics. The proliferation of Internet of Things (IoT) devices necessitates seamless connectivity solutions, which eSIMs provisioning and management of network profiles. Additionally, eSIMs offer enhanced security features, including tamper resistance and reduced risk of theft, further driving their adoption. across industries such as provide by allowing remote Sample Request Sample Request

  4. Market Segmentation by Application by Vertical ❖Smartphones ❖Automotive ❖Connected Cars ❖Consumer Electronics ❖Laptops ❖Energy & Utilities ❖M2M ❖Manufacturing, Logistics Retail Transportation & ❖Tablets ❖Others ❖Wearables ❖Others

  5. Regional Analysis: North America: In 2023, North America held the largest share of the eSIM market, accounting for approximately 39.20%. This dominance is attributed to rapid technological advancements and the strong presence of network providers in the region. Europe: Europe was the second-largest market for eSIMs in 2023. Countries like Germany and the UK are leading the adoption, driven by the presence of numerous platform vendors and supportive regulatory frameworks. Asia-Pacific (APAC): The APAC region is anticipated to witness significant growth during the forecast period. Leading smartphone manufacturers, such as Huawei and Samsung Electronics, have introduced eSIM-compatible devices, gaining traction in the market and setting eSIM as the standard SIM technology for future connected devices.

  6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request Customized Report Request

  7. Merges and Acquisition TRASNA Solutions' Acquisition of Elatec and SAFE-IoT (2018): TRASNA Solutions expanded its hardware and software expertise by acquiring Elatec (Germany) and SAFE- IoT (France), enhancing its offerings in secure microcontrollers and eSIM technologies. TRASNA Solutions' Acquisition of Workz (February 2024): To meet the growing demand for cloud eSIM technology, TRASNA Solutions acquired Workz, a company specializing in this domain, thereby strengthening its position in the eSIM market. TRASNA Solutions' Acquisition of IoTerop (December 2024): In a move to enhance its IoT services, TRASNA Solutions acquired IoTerop, a company specializing in device management, further solidifying its comprehensive IoT solutions portfolio. Buy This Report Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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