Product Code: ETC4463125 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India esim market import shipment demonstrated robust growth with a CAGR of 12.3% from 2020 to 2024. However, there was a significant slowdown in growth between 2023 and 2024, with a decline of 44.1%. Overall, the market expanded steadily but experienced a notable deceleration in the latest period.
The eSIM market in India involves the adoption of embedded SIM technology for mobile devices. eSIMs offer flexibility to consumers by allowing them to switch carriers without physical SIM card replacements. The India market has shown promise as it simplifies mobile network access and management.
The India eSIM market is driven by the growing adoption of IoT devices, smartwatches, and wearables. eSIM technology allows for remote provisioning and management of mobile subscriptions, making it convenient for users to switch between network operators and service plans. Additionally, the government`s push for digital identity and authentication systems is contributing to the adoption of eSIM technology in India.
The eSIM market in India faces challenges related to device compatibility and ecosystem support. Ensuring that a wide range of devices support eSIM technology can be challenging. Additionally, creating a robust ecosystem of eSIM profiles and management solutions requires collaboration among various stakeholders.
The COVID-19 pandemic accelerated the adoption of eSIM (embedded SIM) technology in India. With travel restrictions and the need for remote connectivity, eSIMs offered a flexible and contactless solution for managing mobile subscriptions. The pandemic drove the adoption of eSIMs in smartphones, tablets, and IoT devices, as consumers and businesses sought convenient and remote provisioning options. The eSIM market in India experienced notable growth during and after the pandemic.
In India eSIM market, significant players like Gemalto (Thales), Giesecke+Devrient, STMicroelectronics, and Infineon Technologies play a pivotal role. These companies specialize in embedded SIM technology, providing secure and versatile solutions for connected devices. Gemalto, now a part of Thales, has been at the forefront, offering secure eSIM solutions, while Giesecke+Devrient, STMicroelectronics, and Infineon Technologies also contribute significantly to the eSIM ecosystem, catering to the evolving demands of the India market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India eSIM Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India eSIM Market Revenues & Volume, 2021 & 2031F |
3.3 India eSIM Market - Industry Life Cycle |
3.4 India eSIM Market - Porter's Five Forces |
3.5 India eSIM Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India eSIM Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India eSIM Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in India, leading to higher demand for eSIM-enabled devices. |
4.2.2 Growing adoption of IoT devices and applications in various industries, driving the need for eSIM technology. |
4.2.3 Government initiatives promoting digitalization and connectivity, creating a favorable environment for eSIM market growth. |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations and interoperability issues among different eSIM providers. |
4.3.2 Limited awareness and understanding of eSIM technology among consumers and businesses in India. |
4.3.3 Security and privacy concerns related to eSIM technology, hindering widespread adoption. |
5 India eSIM Market Trends |
6 India eSIM Market, By Types |
6.1 India eSIM Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India eSIM Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India eSIM Market Revenues & Volume, By Connected Cars, 2021-2031F |
6.1.4 India eSIM Market Revenues & Volume, By Laptops, 2021-2031F |
6.1.5 India eSIM Market Revenues & Volume, By M2M, 2021-2031F |
6.1.6 India eSIM Market Revenues & Volume, By Smartphones, 2021-2031F |
6.1.7 India eSIM Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.8 India eSIM Market Revenues & Volume, By Wearables, 2021-2031F |
6.2 India eSIM Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 India eSIM Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India eSIM Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 India eSIM Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.2.5 India eSIM Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 India eSIM Market Revenues & Volume, By Retail, 2021-2031F |
6.2.7 India eSIM Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
7 India eSIM Market Import-Export Trade Statistics |
7.1 India eSIM Market Export to Major Countries |
7.2 India eSIM Market Imports from Major Countries |
8 India eSIM Market Key Performance Indicators |
8.1 Number of eSIM-enabled devices sold in India. |
8.2 Growth in the number of mobile network operators offering eSIM services. |
8.3 Increase in the number of eSIM-compatible IoT devices in the market. |
8.4 Rate of adoption of eSIM technology in key industries such as automotive, healthcare, and logistics. |
9 India eSIM Market - Opportunity Assessment |
9.1 India eSIM Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India eSIM Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India eSIM Market - Competitive Landscape |
10.1 India eSIM Market Revenue Share, By Companies, 2024 |
10.2 India eSIM Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |