The global embedded SIM (eSIM) market generated 4.7 billion U.S. dollars in 2023. Strong growth is forecast over the coming years, with the market expected to reach 16.3 billion U.S. dollars in revenue by 2027.

Embedded ESIM Market Report is Segmented by Application (Smartphones, Tablets and Laptops, Wearables, and M2M), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in (USD) for all the Above Segments.

Explore the eSIM Global Market Report 2025 Market trends! Covers key players, growth rate 14.2% CAGR, market size $20.53 Billion, and forecasts to 2033. Get insights now!

According to Cognitive Market Research, The Global eSIM Technology market size is USD 8154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2031.

North America eSIM Technology Market held 40% of the global revenue with a market size of USD 3261.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Europe eSIM Technology Market held 30% of the global market size of USD 2446.26 million in 2024.
Asia Pacific eSIM Technology Market held 23% of the global revenue with a market size of USD 1875.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
South America eSIM Technology market held 5% of the global revenue with a market size of USD 407.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Middle East and Africa eSIM Technology Market held the major market of around 2% of the global revenue with a market size of USD 163.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
For device manufacturers, eSIM streamlines logistics and lowers manufacturing costs, while for operators, it lowers production and distribution costs associated with traditional SIM cards.
As a result of their growing recognition of eSIM's advantages and encouragement of its use, governments, and regulatory agencies are fostering the expansion of the market.
The smartphones held the highest eSIM Technology market revenue share in 2024.

Increased Demand for Connectivity in Diverse Devices to Increase the Demand Globally

The use of eSIM technology, which does away with the need for physical SIM cards, has been spurred by the explosion in demand for connectivity across various devices. This development increases the networking options for smaller devices, including IoT sensors, wearables, and smartwatches. These devices may now effortlessly connect to cellular networks without being limited by conventional SIM cards thanks to the integration of eSIMs, providing more flexibility and simplified user interfaces. As a result, by facilitating seamless connectivity in small and resource-constrained areas, eSIMs are transforming the landscape of connected devices and meeting the expanding demands of a digitally interconnected world.

Improved User Convenience to Propel Market Growth

By facilitating easy mobile provider switching and remote provisioning, eSIM technology improves consumer comfort. This functionality offers flexibility and convenience to consumers and companies managing many devices. Users can remotely activate and switch between cell networks with eSIM, eliminating the physical requirement to swap SIM cards. This feature improves operating efficiency, minimizes logistical headaches, and streamlines device administration procedures. eSIM technology delivers unmatched convenience for both personal cell phones and a fleet of IoT devices. It frees users from the limitations of traditional SIM cards, enabling them to adapt their connectivity demands to changing conditions easily.

Growing demand for eSIMs in Machine to Machine operations to fuel market growth

Market Restraints of the eSIM Technology

Security Concerns and Potential Vulnerabilities to Limit the Sales

While eSIM technology is generally safer than traditional SIM cards, security issues and potential vulnerabilities still exist. One of the main threats is remote hacking, in which hackers take advantage of holes in network protocols or eSIM implementations to access devices or private data without authorization. Unauthorized access is another possibility in which malevolent actors try to manipulate eSIMs or exploit weaknesses in provisioning procedures to take control of devices. Strong encryption techniques, frequent security upgrades, and unwavering attention are necessary to reduce these dangers. Mobile carriers, device makers, and standards groups must work together to find and fix security flaws quickly. End users should also maintain good security hygiene by cautiously sharing sensitive information and updating their devices. In an increasingly interconnected world, proactive security steps can support preserving the integrity and reliability of eSIM technology.

Impact of COVID-19 on the ESIM Technology Market

The effects of COVID-19 on the eSIM technology market were no...

[227+ Pages Report] The global eSIM market was witnessed USD 8.9 Billion in 2021 and with growth at a CAGR of 16.42% is expected to reach a value of USD 25.8 Billion by 2028.

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According to Technavio's analyst, the eSIM market size is expected to be valued at 4.22 trillion units by 2026 with a CAGR of 21.08%.

This eSIM market forecast report extensively covers segmentations by:

Application - Automotive, CP, and others
Geography - APAC, North America, Europe, Middle East and Africa, and South America

This eSIM market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The eSIM market report offers information on several market vendors, including Arm Ltd., AT and T Inc., Cisco Systems Inc., Deutsche Telekom AG, Giesecke Devrient GmbH, IDEMIA, Infineon Technologies AG, KDDI Corp., KORE Wireless Group Inc., Nippon Telegraph and Telephone Corp., NXP Semiconductors NV, Redtea Mobile, Samsung Electronics Co. Ltd., Sierra Wireless Inc., STMicroelectronics NV, Telefonica SA, Telenor Group, Telit Communications Plc, Thales Group, and Truphone Ltd. among others.

What will the eSIM Market Size be During the Forecast Period?

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eSIM Market: Key Drivers, Trends, and Challenges

The large-scale benefits of using IoT devices is notably driving the eSIM market growth, although factors such as the increase in competition from soft sims may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the eSIM industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key eSIM Market Driver

The large-scale benefits of using IoT devices is one of the key drivers supporting the embedded subscriber identity module (eSIM) market growth. IoT devices primarily collect data through sensors and actuators, transmitting it to a centralized location on a real-time basis. This empowers end-users to make informed decisions. IoT integrates technologies such as data communication, hardware design, data storage, and mining and is the latest trend in the global technology arena. It connects essential electronic objects such as cars, TVs, laptops, and the entire industrial process control to the internet. Such large-scale benefits of using IoT devices will drive the embedded subscriber identity module (eSIM) market growth during the forecast period.

Key eSIM Market Trend

Growing awareness of wearable devices is one of the key embedded subscriber identity module market trends contributing to the market growth. Increasing disposable income and internet penetration are encouraging wearable device vendors to tap the growth potential of the market in the region. Consumers use smartwatches, smart bands, and others, and access social networking websites such as Facebook, LinkedIn, and Twitter. Furthermore, wearable device providers worldwide have increased their investment in R&D to foster the development of innovative products to improve market revenue and remain competitive in the market. Significantly, smart bands and smartwatches can help consumers share their activities with doctors to receive proper diagnoses. Therefore, with the growing adoption of such devices, the demand for eSIMs integrated into them will also increase during the forecast period.

Key eSIM Market Challenge

The increase in competition from soft sims is one of the challenges limiting the embedded subscriber identity module (eSIM) market growth. The soft SIM is an embedded software SIM, which is removable or reprogrammed by the device. Moreover, a soft SIM is a built-in feature that can replace traditional SIM cards and eSIMs. It allows users to connect to the network of their choice by selecting and entering the details in the software. For instance, Apple and Samsung have introduced soft SIM in iPad and Samsung Gear S2 tablets, respectively, which will be incorporated in their next-gen versions as well. The installation of soft SIMs in next-gen smartphones will affect telecom companies, as users will no longer be required to replace physical SIM cards or eSIMs in their devices when porting to a different service provider. Thus, such advantages provided by soft SIMS may hinder the embedded subscriber identity module (eSIM) market growth during the forecast period.

This eSIM market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global eSIM market as a part of the global communications equipment market. Our research report has extensively covered external factors influencing the parent market growth pote

Travel eSIM Market is estimated to reach USD 2,60,735 Million By 2034, Riding on a Strong 62.5% CAGR throughout the forecast period.

The global eSIM market size is expected to reach USD 16.69 billion by 2032 according to a new study by Polaris Market Research.

The eSIM Market is expected to grow at a high CAGR during the forecast period 2024-2031 | DataM intelligence Market Research

Get Access to embedded SIM (eSIM) Market - Analysis and Forecast, 2018-2028 from BIS Research Focuses on Region, key player, Total revenue, challenges, and growth opportunities.

With a projected CAGR of 30% from 2023 to 2033, the global eSIM subscription market is poised to initiate a new era of telecommunication services and smart gadgets. As per the eSIM subscription market analysis report released by FMI, the net worth of the market is expected to grow from its 2023 valuation of US$ 980 Million to US$ 13,510 Million by 2033.

The eSIM market is experiencing robust growth, driven by the increasing adoption of IoT devices, the demand for flexible mobile connectivity, and the rising popularity of smartphones with embedded eSIM capabilities. The market's Compound Annual Growth Rate (CAGR) of 21.08% from 2019-2024 suggests a significant expansion, projected to continue throughout the forecast period (2025-2033). Key drivers include the convenience and cost-effectiveness of eSIM technology compared to traditional SIM cards, enabling seamless switching between carriers and multiple profiles on a single device. Furthermore, the integration of eSIM technology into wearables, connected cars, and industrial IoT applications is significantly expanding the market's addressable base. While challenges remain, such as security concerns and the need for widespread network operator support, these are being actively addressed by industry players through enhanced security protocols and increased collaboration. The segmentation of the market by type (embedded vs. removable) and application (consumer electronics, automotive, IoT) reflects the diverse use cases driving market expansion. The competitive landscape is characterized by a mix of established telecommunication companies, semiconductor manufacturers, and specialized eSIM providers, resulting in a dynamic market with ongoing innovation and strategic partnerships. The substantial growth trajectory of the eSIM market is expected to continue, fueled by the proliferation of 5G technology and the increasing demand for seamless connectivity across diverse devices and applications. Leading companies are investing heavily in research and development to enhance eSIM security features and expand their service offerings. Geographic expansion is also a key factor, with North America and Europe currently holding significant market share, but with Asia-Pacific exhibiting considerable growth potential due to the rapidly expanding IoT and smartphone markets in countries like China and India. Consumer engagement strategies are increasingly focusing on user-friendly interfaces and improved customer support to ensure wider adoption and foster market growth. The market is expected to witness considerable consolidation as players strive for a larger market share and seek to offer comprehensive solutions to meet the evolving demands of a connected world. Specific market sizing figures can be derived from extrapolating the CAGR and other market data points.

Middle East and Africa eSIM Technology Market held the major market of around 2% of the global revenue with a market size of USD 163.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.

Global eSIM market size is expected at $34,624.8 million by 2033 at a growth rate of 18.5%.

La taille du marché du marché ESIM est classée en fonction du type (application ESIM portable lié à l'IoT M2M, ESIM) et de l'application (voitures connectées, des ordinateurs portables, des appareils portables, des smartphones, des tablettes) et des régions géographiques (Amérique du Nord, Europe, Asie-Pacifique, Amérique du Sud et Moyen-Orient et Afrique).
à travers ces segments définis.

The Asia-Pacific eSIM market is projected to grow at a CAGR of around XX% from 2025 to 2032, with a market size valued at approximately USD XX billion in YYYY. Explore key trends and growth drivers.

The Embedded SIM (eSIM) Technology Market size was valued at USD 1.22 USD billion in 2023 and is projected to reach USD 4.37 USD billion by 2032, exhibiting a CAGR of 20.0 % during the forecast period. An eSIM (embedded SIM) is a form of SIM card that is embedded directly into a device. An eSIM consists of software installed onto an eUICC chip permanently attached to a device. If the eSIM is eUICC-compatible, it can be re-programmed with new SIM information. Otherwise, the eSIM is programmed with its ICCID/IMSI and other information at the time it is manufactured and cannot be changed. Once an eSIM carrier profile has been installed on an eUICC, it operates the same as a physical SIM, complete with a unique ICCID and network authentication key generated by the carrier. Recent developments include: November 2023: Celona, a U.S.-based private network provider, launched an automated eSIM solution for a private 5G/LTE network registered with an enterprise Mobile Device Management (MDM) system., February 2023: Kigen, a security connectivity eSIM provider, collaborated with Skylo, a satellite network or non-terrestrial network (NTN) operator, to bring satellite connectivity integration with eSIM to compatible IoT devices., December 2022: Grover, in collaboration with Gigs, launched an embedded SIM service called Grover Connect for smartphones. Grover is one of the leading subscription providers for consumers in tech. The service provides customers with such mobile SIM service in the U.S. presently and will be available to European consumers shortly., September 2022: BICS announced a partnership with Thales Group to simplify the integration of embedded SIM with IoT technology. The partnership facilitates consumers to a wider IoT while incorporating connectivity activation for consumers and enterprises. BICS is a global leader in IoT and digital communications., April 2022: Sierra Wireless partnered with Orange Wholesale France to boost its presence in global networks and connectivity sector across Europe. Further, the company strengthened its smart connectivity facilities across Europe on its One global SIM, made accessible in several form features and with the enabled embedded SIM Ready-to-Connect modules., January 2022: IDEMIA partnered with Microsoft to offer advanced SIM and connectivity solutions for customer, IoT, and M2M devices. The collaboration combines IDEMIA's progressive connectivity solutions and enduring industry expertise with Microsoft's cloud platform to expand these services worldwide., October 2021: NXP and Qualcomm Technologies expanded their collaboration to integrate the chips of NXP with wearable devices based on the Snapdragon Wear platform of Qualcomm. The integration offers a better user experience with improved streamlined design, rapid scaling, more manageable logistics, and flexible customization.. Key drivers for this market are: MVNOs to Drive the Market Growth with International Roaming Services . Potential restraints include: Lack of Awareness Among Consumers Hinders the Market Growth. Notable trends are: Integration of Embedded SIM Technology with 5G Devices to Augment Market Growth.

The size of the eSIM Market market was valued at USD 9.07 billion in 2023 and is projected to reach USD 15.44 billion by 2032, with an expected CAGR of 7.9 % during the forecast period. The eSIM (embedded SIM) Market refers to the segment focused on the development and deployment of SIM technology integrated directly into devices rather than using physical SIM cards. eSIMs enable remote provisioning and management of cellular profiles, simplifying connectivity for devices like smartphones, wearables, IoT devices, and connected cars. Key applications include mobile communication, smart home devices, industrial IoT, and automotive telematics. Trends driving this market include the growing adoption of IoT, 5G expansion, and the demand for more compact, flexible, and secure devices. eSIM technology also supports seamless carrier switching, enhancing user convenience and reducing operational costs for telecom operators. Recent developments include: In May 2023, Lonestar Cell MTN, a South African conglomerate, introduced eSIM technology in Liberia. This advancement allows subscribers to switch to eSIM-compatible devices without the hassle of removing physical SIM cards. Customers can scan a QR code provided at any Lonestar Cell MTN service center. , In March 2023, Gcore, a public cloud and content delivery network company, launched its Zero-Trust 5G eSIM Cloud platform. This platform offers organizations across the globe a secure and dependable high-speed networking solution. By utilizing Gcore's software-defined eSIM, companies can establish secure connections to remote devices, corporate resources, or Gcore's cloud platform through regional 5G carriers. , In February 2023, Amdocs, a software company, collaborated with Drei Austria to introduce a groundbreaking eSIM solution. This collaboration enables Drei Austria's customers to access the advantages of digital eSIM technology through a fully app-based experience. The innovative "up" app offers a seamless and entirely digital SIM journey powered by Amdocs' eSIM technology at Drei Austria. , In December 2022, Grover, a subscription-based electronics rental platform, joined forces with Gigs, a telecom-as-a-service platform, to introduce Grover Connect, its very own mobile virtual network operator (MVNO), in the U.S. Through Grover Connect, customers in the U.S. can effortlessly activate any eSIM-enabled technology device, eliminating the complexities associated with carrier offers and contracts that may not align with their device rental duration. , In October 2022, Bharti Airtel, a telecommunications service provider based in India, unveiled its "Always On" IoT connectivity solutions. This offering enables seamless connectivity for IoT devices across multiple Mobile Network Operators (MNOs) through an embedded SIM (eSIM) technology. Particularly beneficial for vehicle tracking providers, auto manufacturers, and scenarios where equipment operates in remote areas, requiring uninterrupted and widespread connectivity. .

North America was expected to lead the way in eSIM adoption in 2030, with 98 percent of all smartphone connections forecast to use the technology that year. The United States has emerged as distinct a leader in eSIM adoption, with Apple introducing the iPhone 14 as an eSIM only device in its home market in 2022.