Global eSIM Landscape 2023 Part 3 - Market Outlook and Device Forecast
Overview: The global eSIM market continued to witness growth in 2023, building on the significant progress made in 2022. Over 400 MNOs and MVNOs now offer eSIM services, with the average number of eSIM-capable devices supported by these operators also increasing. The eSIM market is poised to enter a hypergrowth phase as market adoption accelerates, driven by several leading OEMs integrating eSIM capabilities into their devices. This report deep dives into the eSIM landscape, covering the evolution and adoption trends in the industry. Global xSIM-capable device shipments will exceed 9 billion units between 2024 and 2030, growing at a 22% CAGR during the period, according to Counterpoint’s latest eSIM Devices Market Outlook report. The projection includes all form factors, including hardware-based eSIM (eUICC), iSIM (iUICC), nuSIM and Soft SIM. This report includes x-SIM capable device shipments as well as penetration for various device types until 2030.
- eSIM Adoption Outlook by Device Type
- eSIM Adoption Outlook by xSIM Type
- eSIM Ecosystem Key Takeaways
Number of Pages : 25 Published Date : July 2024
Category
Industry
Emerging technologies
Service
eSIM developments
Report Type
Report
Time Period
Yearly
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Author
Siddhant Cally
.With more than 8 years of rich experience in the telecommunications industry, Siddhant is currently a Research Analyst at Counterpoint Research. He has previously worked with global leaders such as Bosch and Ericsson, and has managed networks for prominent operators including Claro, Sprint, and RCOM. In his current role, Siddhant focuses on researching and analyzing wireless technologies and their business outlook. He holds an engineering degree in Electronics and Communication, and MBA from IIT Delhi.
Varun Gupta
Varun is a Senior Analyst at Counterpoint Research, specializing in eSIM, FWA, Broadband, IoT, emerging devices, and IP licensing. His role focuses on uncovering trends and opportunities within these dynamic sectors, leveraging his keen insights and industry experience to support the evolving needs of our clients. Prior to joining Counterpoint, Varun contributed to the consumer electronics field with Dyson, where he gained hands-on experience in market dynamics and product innovation. Based in Bangalore, he is passionate about exploring advancements across robotics, automobiles, and smartphones. He holds a Bachelor of Technology in Mechanical Engineering from Delhi College of Engineering.