According to TechSci Research, Asia Pacific esim market is expected to grow at a double digit CAGR during the forecast period, on account of increasing adoption of Internet of Things and favorable government regulations pertaining to telecommunication in the region. esims are referred to as next generation sim cards, as they are embedded in smartphones, laptops, and other devices. The global market for esim is forecast to grow at a CAGR of over 25% until 2027 and reach $ 998 million by the end of 2027.
Asia Pacific market of esim can be segmented based on form factor, application, and country. In terms of application, the market can be classified into smartphones & tablets, laptops, M2M, wearables and connected cars. Machine to machine (M2M) application segment is expected to dominate the market in coming years, on account of favorable regulatory frameworks and surging adoption of IoT in various industry verticals such as automotive and consumer electronics. However, smartphones & tablets segment is anticipated to grow at the highest rate during the forecast period, as major players operating in the market such as Google and Apple are launching smartphones integrated with embedded sim.
Esim market of Asia Pacific is growing at an impressive rate. In terms of regional analysis, the market for esim has been segmented into China, India, Japan, Indonesia, Australia, New Zealand, and South Korea. Because of rising population and growing adoption of smartphones in economies such as China, Japan and India, the region is likely to witness extensive adoption of embedded sims in the coming years.
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List of major players operating in the region include 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, etc. Key players operating in the market are investing in innovations to earn sound returns on investment. Moreover, strategic moves such as mergers and collaborations are also helping key players in the region’s esim market to magnify their customer base and expand sales & distribution networks.
Objective of the Study:
- To analyze and forecast Asia Pacific esim market size.
- To classify and forecast Asia Pacific esim market based on form factor, application and country.
- To identify drivers and challenges for Asia Pacific esim market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Asia Pacific esim market.
- To conduct pricing analysis for Asia Pacific esim market.
- To identify and analyze the profile of leading players operating in Asia Pacific esim market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players operating in esim market in Asia Pacific.
TechSci Research calculated Asia Pacific esim market size by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- esim manufacturers, suppliers, distributors and other stakeholders
- esim component manufacturers
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to esim market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as esim manufacturers, suppliers, distributors and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Factor
· Application |
Country scope | China, India, Japan, Indonesia, Australia, New Zealand & South Korea |
Key companies profiled | 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 |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Asia Pacific esim market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Form Factor:
- Removable
- 1FF
- 2FF
- 3FF
- 4FF
- Embedded
- Removable
- Market, by Application:
- Connected Cars
- Smartphones & Tablets
- Laptops
- Wearables
- M2M
- Market, by Country:
- China
- India
- Japan
- Indonesia
- Australia
- New Zealand
- South Korea
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Asia Pacific esim market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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