Wednesday, April 29, 2020

Embedded Subscriber Identity Module (E-SIM) Market Growth, Trends, Opportunities and Forecast to 2024 - Deutsche Telekom, Gemalto

An e-SIM is an inserted SIM card, implying that chips are installed in cell phones making setup programming construct that can work in light of any system. As opposed to being bolted to a particular system, the e-SIM card can change its data arrangement as per the client specification. The embedded SIM delivers multiple benefits to customers such as improved experience with greater flexibility. Factors such as increase in adoption of IoT technology, rise in adoption of connected devices, and favorable government regulations boosting machine-to-machine communications drive the growth of the e-SIM market globally.

The Asia-Pacific embedded SIM industry is largely controlled by government policies, which encourage sustainable manufacturing and investments in the sector. Furthermore, increased adoption of smart technologies in Asia-Pacific creates lucrative opportunities for the expansion of the embedded SIM market. India is amongst one of the developing nations, which presents high growth potentials in the embedded SIM industry. On May 18, 2018, the union government gave its approval for embedded SIM cards, both for porting a number, or for purchase of a new connection. According to the Department of Telecom, embedded SIM has been permitted to cater to the needs of modern technological developments in M2M/IoT. The guidelines have been issued five days after Reliance Jio and Bharti Airtel started selling Apple Watch Series 3 that has e-SIM service. Users of Apple Watch Series 3 can connect their e-SIM with SIM in their mobile and use the service that are being provided on their mobile phone by Jio or Airtel on their smartwatch.

Major Key Players of the Embedded Subscriber Identity Module (e-SIM) Market are:Deutsche Telekom AG, Gemalto NV, Infineon Technologies AG, NXP Semiconductors N.V., Sierra Wireless, STMicroelectronics, Vodafone, Giesecke & Devrient, Idemia, and NTT DOCOMO.

Read More @ http://www.sbwire.com/press-releases/embedded-subscriber-identity-module-e-sim-market-growth-trends-opportunities-and-forecast-to-2024-deutsche-telekom-gemalto-1287084.htm


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