What is eSIM for Travel?
eSIM card is sincerely the cutting-edge and best model of the SIM card. eSIM is especially available for global journey due to the fact it would not require to do away with SIM card. An eSIM is a fast, light-weight answer to get admission to cellular information on demand, whether or not abroad, or unable to get entry to a bodily SIM card. With an eSIM, absolutely buy a cell facts graph via an app and use a QR code to set off it on phone. eSIM connects with nearby carrier vendors and neighborhood towers that provide pay as you go eSIM plans. The use of eSIMS affords a number of advantages such as minimize the SIM distribution, activation cost, and others.
The market study is broken down by Type (Smartphones, Laptops, Tablets and Others), by Application (Travel) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Players from Global will contribute to the maximum growth of Global eSIM for Travel market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IDEMIA (France), Telit (United Kingdom), Samsung Electronics (South Korea), Gemalto (Netherlands), Giesecke+Devrient (Germany), Sierra Wireless (Canada), NXP Semiconductors (Netherlands), Apple (United States), STMicroelectronics (Switzerland) and Redteago (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Flexiroam (Australia), DENT (United States), Digital Republic (Kenya) and Airalo (Singapore).
AdvanceMarketAnalytics has segmented the market of Global eSIM for Travel market by Type, Application and Region.
On the basis of geography, the market of eSIM for Travel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by ESIM Plans, the sub-segment i.e. Unlimited eSIM will boost the eSIM for Travel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
IDEMIA, the leader in Augmented Identity has entered into a global collaboration with Microsoft aimed at delivering next-generation eSIM and connectivity solutions for consumer and M2M/IoT devices. The collaboration will bring together IDEMIA’s advanced connectivity solutions and longstanding industry expertise with Microsoft’s trusted cloud platform to improve support of eSIM services around the world.
In 2021, Leading cloud communication platform provider for IoT, EMnify, announces the release of eSIM for evaluation customers, enabling IoT developers to sign up and develop with the EMnify API immediately, anywhere in the world. The eSIM lets users install EMnify's global SIM profile on a compatible device in seconds without having to order and swap physical SIM cards. With the eSIM option, EMnify aims to speed up time-to-market of IoT projects and make life easier for developers.
- Smartphone is Expected to Witness Significant Growth
- Increase in Demand for M2M Services
- Growth in Adoption of IoT
- Increasing Demand of 5G Technologies
- Increasing Adoption of Remote Networks
- Growing Demand for Smart Solutions
- Intensifying Security Threats
- Not as Easy to Quickly Switch Devices
- Complex Infrastructure
- Lack of Standardization
Key Target AudienceVenture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as IDEMIA (France), Telit (United Kingdom), Samsung Electronics (South Korea), Gemalto (Netherlands), Giesecke+Devrient (Germany), Sierra Wireless (Canada), NXP Semiconductors (Netherlands), Apple (United States), STMicroelectronics (Switzerland) and Redteago (Netherlands) etc.
2. Can we have customized study for eSIM for Travel Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of eSIM for Travel Market by 2027?
Analysts at AMA estimates eSIM for Travel Market to reach USD Million by 2027.