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ESIM MARKET ANALYSIS

Read here market analysis report on ESIM

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ESIM MARKET ANALYSIS

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/

  2. ESIM MARKET ANALYSIS • eSIM also is known as embedded SIM operates or remotely manages multiple mobile devices globally. It is mandatory for eSIMs to comply with Global System Mobile Association (GSMA) remote SIM provisioning specification. These types of SIMs are inbuilt into devices and cannot be removed. Moreover, the integration of devices with eSIM eliminating the need for physically replacing the SIM card. eSIM finds its applications in consumer electronics such as smartphones, laptops, smart wearable, tablet, smart home devices, and many others.

  3. are focusing on expanding their business plans and trying to increase their customer base by providing multiple offers. Various organizations are focusing on adopting loyalty programs to gain competitive edge in market and increase the sales for brands. The evolution of loyalty programs has led to the creation of an Omni channel platform to encourage customers to earn points across a different channel such as websites, applications, and in-store. Loyalty management companies have the capacity to boost sales and revenue by increasing customer satisfaction and made personalized loyalty programs favorable among businesses.

  4. Market Dynamics • The increasing adoption of IoT technology across many verticals such as automotive, energy, retail for the manufacturing of connected devices is increasing the demand for eSIMs in the market. For instance, in April 2020, Infineon Technologies AG announced a partnership with Tata Communication, Indian based telecommunication company to launch an eSIM solution for IoT applications. Through this partnership, Infineon Technologies AG can deploy IoT connected devices

  5. around the world by using the Tata communication MOVE platform. This platform is used to offer IoT integrated services to its customers. Moreover, eSIM provides facilities for a seamless switch between the network carriers. Earlier, the device owner had to replace the physical SIM while switching to the network carrier. During the switching process, there is a high chance of data loss. The usage of eSIM reduces the threat of data loss as these SIMs are permanently integrated into the device. The facility of remotely switching between the network influencing individuals to select eSIMs over traditional SIMs. Thus, eSIMs manufactures are increasingly focusing on integrating traditional SIMs with the latest eSIMs. These factors have boosted the demand for eSIM market during the forecast period. Moreover, several global players across different countries are focusing on developing new products with new features and

  6. technologies to gain competitive edge in the market. Industries are focusing on developing new products with new features to cater to the demand from the end users. . For instance, in March 2020, Infineon Technologies launched OPTIGA Connect eSIM for mobile consumer devices. This new eSIM support all Global System Mobile Association (GSMA) standards from 3G to 5G and authenticates device to subscribe to network carrier of choice.

  7. Key features of the study: • This report provides in-depth analysis of the global eSIM market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players

  8. It profiles leading players in the global eSIM market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans • Companies covered as a part of this study include Infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Thales Group, KORE Wireless, Arm Limited, Truphone Limited, Workz Group, Sierra Wireless, NXP Semiconductors, AT&T. • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics

  9. The global eSIM market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global eSIM market • Request free sample copy of esim market analysis • Request free PDF copy of esim market analysis

  10. Figure 1: Global eSIM Market Share (%), By Region, 2019

  11. Figure 2: Global eSIM Market Value (US$ Bn) Analysis and Forecast, 2017 - 2027

  12. Company Profiles Major players operating in the global eSIM market include Infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Thales Group, KORE Wireless, Arm Limited, Truphone Limited, Workz Group, Sierra Wireless, NXP Semiconductors, AT&T.

  13. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  14. CMI Services: • Talk to Analyst • CMI Services • CMI Latest Insights • CMI Blogs • CMI Press Releases

  15. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  16. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

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