PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1340673
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1340673
The 5G e-sim market was valued at US$2,518.995 million in 2022.
The 5G e-sim market can benefit from the increase in active broadband subscriptions, as more speed and bandwidth are required by various devices and applications. For example, the Internet of Things (IoT) and the metaverse can perform better with 5G e-sim technology. Also, e-sim technology can enable users to switch, download, and delete different operator profiles without a physical SIM. This can make the user experience and convenience of using multiple devices and networks better.
For instance, the International Telecommunication Union states in its report named "Facts and Figures 2022", the number of subscriptions per 100 habitants' for active mobile broadband for the year 2020 was 78, 2021 was 82, and 2022 was 87. This reflects the continually increasing use of broadband. This suggests that more individuals are utilizing mobile devices with high-speed internet access, which might be encouraging for the 5G E-Sim industry as it suggests rising demand for 5G products and services.
The global 5G E-Sim market is growing due to several factors, such as the utilization of compound semiconductors, the demand for 5G devices, the innovation in chip technologies, the availability of OTA SIM platforms, and the creation of new 5G use cases. These factors improve the performance, efficiency, flexibility, and connectivity of 5G applications in different sectors. Additionally, product launches and schemes promoting the usage of the 5G e-sim sector are anticipated to enhance the scope for connectivity services and other domains. For instance,
By category, the 5G E-sim market is separated into solution and application. The solutions are segmented into hardware and connectivity services. The applications are segmented into consumer electronics and M2M. Further, consumer electronics is segmented into smartphones, wearables, and others; and M2M is segmented into automotive, energy, and utilities. The connectivity services and consumer electronics segments of the 5G E-sim market are witnessing various initiatives and collaborations from different players in the industry. For instance:
The global 5G edge computing market consists of some major countries undertaking various measures to secure their 5G network across their respective nations. Americas is expected to have a significant CAGR during the forecasted period. In addition to it, a few of the major countries include the USA, Japan, South Korea, China, the United Kingdom, and Germany. The nations have undertaken various measures which have complemented the overall market growth. For instance,
Some of the leading players in the market include Airalo, Celitech Inc, and Idemia, among others. The product offerings of the major corporation include the following.
The global 5G E-Sim market has been analyzed through the following segments.