1 INTRODUCTION 11
1.1 STUDY OBJECTIVES 11
1.2 DEFINITION 11
1.3 STUDY SCOPE 12
1.3.1 MARKETS COVERED 12
1.3.2 GEOGRAPHIC SCOPE 12
1.3.3 YEARS CONSIDERED FOR STUDY 13
1.4 CURRENCY 13
1.5 LIMITATIONS 13
1.6 STAKEHOLDERS 14

2 RESEARCH METHODOLOGY 15
2.1 RESEARCH DATA 15
2.1.1 SECONDARY DATA 16
2.1.1.1 List of major secondary sources 16
2.1.2 PRIMARY DATA 17
2.1.2.1 Primary interviews with experts 17
2.1.2.2 Breakdown of primary interviews 17
2.1.2.3 Primary sources 18
2.1.2.4 Key industry insights 18
2.1.3 SECONDARY AND PRIMARY RESEARCH 19
2.2 MARKET SIZE ESTIMATION 19
2.2.1 BOTTOM-UP APPROACH 20
2.2.1.1 Approach for capturing market size by bottom-up analysis
(demand side) 20
2.2.2 TOP-DOWN APPROACH 21
2.2.2.1 Approach for capturing market size by top-down analysis
(supply side) 21
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 22
2.4 RESEARCH ASSUMPTIONS 23

3 EXECUTIVE SUMMARY 24

4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE OPPORTUNITIES IN ESIM MARKET 28
4.2 ESIM MARKET, BY APPLICATION 28
4.3 ESIM MARKET, BY VERTICAL 29
4.4 ESIM MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY 29
4.5 ESIM MARKET SHARE, BY COUNTRY 30

5 MARKET OVERVIEW 31
5.1 INTRODUCTION 31
5.2 EVOLUTION OF SIM CARDS 31
5.3 MARKET DYNAMICS 32
5.3.1 DRIVERS 32
5.3.1.1 Emphasis on remote SIM provisioning for M2M 32
5.3.1.2 Favorable government regulations boosting M2M communication 33
5.3.1.3 High adoption of IoT technology 33
5.3.2 RESTRAINTS 33
5.3.2.1 Intensifying security threats 33
5.3.3 OPPORTUNITIES 34
5.3.3.1 Growing demand for smart solutions 34
5.3.3.2 Rising adoption of wearable electronics 34
5.3.4 CHALLENGES 35
5.3.4.1 Lack of standardization 35
5.3.4.2 Highly complex ecosystem 35
5.4 VALUE CHAIN ANALYSIS 36

6 ESIM MARKET, BY APPLICATION 37
6.1 INTRODUCTION 38
6.2 CONNECTED CARS 40
6.3 LAPTOPS 41
6.4 M2M 42
6.5 SMARTPHONES 42
6.6 TABLETS 43
6.7 WEARABLES 44
6.8 OTHERS 44

7 ESIM MARKET, BY VERTICAL 46
7.1 INTRODUCTION 47
7.2 AUTOMOTIVE 49
7.3 ENERGY & UTILITIES 49
7.4 MANUFACTURING 50
7.5 RETAIL 51
7.6 CONSUMER ELECTRONICS 51
7.7 TRANSPORTATION & LOGISTICS 52

8 GEOGRAPHIC ANALYSIS 54
8.1 INTRODUCTION 55
8.2 NORTH AMERICA 57
8.2.1 US 59
8.2.2 CANADA 59
8.2.3 MEXICO 59
8.3 EUROPE 60
8.3.1 GERMANY 62
8.3.2 UK 62
8.3.3 FRANCE 63
8.3.4 REST OF EUROPE 63
8.4 APAC 63
8.4.1 CHINA 66
8.4.2 JAPAN 66
8.4.3 INDIA 67
8.4.4 REST OF APAC 67
8.5 ROW 67
8.5.1 MIDDLE EAST 69
8.5.2 SOUTH AMERICA 69
8.5.3 AFRICA 69

9 COMPETITIVE LANDSCAPE 70
9.1 OVERVIEW 70
9.2 RANKING ANALYSIS OF PLAYERS, 2016 71
9.3 COMPETITIVE SCENARIO 72
9.3.1 PRODUCT LAUNCHES/DEVELOPMENTS 72
9.3.2 PARTNERSHIPS/ AGREEMENTS/ STRATEGIC ALLIANCES/ COLLABORATIONS 73
9.3.3 EXPANSIONS 77

10 COMPANY PROFILES 78
(Business overview, Products offered, Recent developments, MNM view, SWOT analysis)*
10.1 KEY PLAYERS 78
10.1.1 GEMALTO 78
10.1.2 STMICROELECTRONICS 82
10.1.3 INFINEON TECHNOLOGIES 85
10.1.4 NXP SEMICONDUCTORS 88
10.1.5 GIESECKE & DEVRIENT 91
10.1.6 DEUTSCHE TELEKOM 94
10.1.7 TELEFĂ“NICA 96
10.1.8 NTT DOCOMO 98
10.1.9 SINGTEL 100
10.1.10 SIERRA WIRELESS 102
*Business overview, Products offered, Recent developments, MNM view, SWOT analysis might not be captured in case of unlisted companies.
10.2 OTHER KEY PLAYERS 104
10.2.1 APPLE 104
10.2.2 AT&T 104
10.2.3 CLX COMMUNICATIONS 104
10.2.4 ETISALAT 105
10.2.5 IDEMIA 105
10.2.6 JASPER 105
10.2.7 ORANGE 106
10.2.8 SAMSUNG ELECTRONICS 106
10.2.9 TELENOR CONNEXION 106
10.2.10 TELIT 107
10.2.11 VODAFONE 107

11 APPENDIX 108
11.1 INSIGHTS OF INDUSTRY EXPERTS 108
11.2 DISCUSSION GUIDE 109
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 111
11.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 113
11.5 AVAILABLE CUSTOMIZATIONS 115
11.6 RELATED REPORTS 115
11.7 AUTHOR DETAILS 116

LIST OF TABLES
TABLE 1 ESIM MARKET IN TERMS OF VALUE AND VOLUME, 2015-2023 38
TABLE 2 ESIM MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 39
TABLE 3 ESIM MARKET, BY APPLICATION, 2015-2023 (MILLION UNITS) 39
TABLE 4 ESIM MARKET FOR CONNECTED CARS, BY REGION, 2015-2023 (USD MILLION) 41
TABLE 5 ESIM MARKET FOR LAPTOPS, BY REGION, 2015-2023 (USD THOUSAND) 41
TABLE 6 ESIM MARKET FOR M2M, BY REGION, 2015-2023 (USD MILLION) 42
TABLE 7 ESIM MARKET FOR SMARTPHONES, BY REGION, 2015-2023 (USD MILLION) 43
TABLE 8 ESIM MARKET FOR TABLETS, BY REGION, 2015-2023 (USD MILLION) 43
TABLE 9 ESIM MARKET FOR WEARABLES, BY REGION, 2015-2023 (USD MILLION) 44
TABLE 10 ESIM MARKET FOR OTHERS, BY REGION, 2015-2023 (USD MILLION) 45
TABLE 11 ESIM MARKET, BY VERTICAL, 2015-2023 (USD MILLION) 48
TABLE 12 ESIM MARKET FOR AUTOMOTIVE, BY REGION, 2015-2023 (USD MILLION) 49
TABLE 13 ESIM MARKET FOR ENERGY & UTILITIES, BY REGION, 2015-2023 (USD MILLION) 50
TABLE 14 ESIM MARKET FOR MANUFACTURING, BY REGION, 2015-2023 (USD MILLION) 50
TABLE 15 ESIM MARKET FOR RETAIL, BY REGION, 2015-2023 (USD MILLION) 51
TABLE 16 ESIM MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2015-2023 (USD MILLION) 52
TABLE 17 ESIM MARKET FOR TRANSPORTATION & LOGISTICS, BY REGION, 2015-2023 (USD MILLION) 53
TABLE 18 ESIM MARKET, BY REGION, 2015-2023 (USD MILLION) 55
TABLE 19 ESIM MARKET IN NORTH AMERICA, BY APPLICATION, 2015-2023 (USD MILLION) 58
TABLE 20 ESIM MARKET IN NORTH AMERICA, BY VERTICAL, 2015-2023 (USD MILLION) 58
TABLE 21 ESIM MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION) 59
TABLE 22 ESIM MARKET IN EUROPE, BY APPLICATION, 2015-2023 (USD MILLION) 61
TABLE 23 ESIM MARKET IN EUROPE, BY VERTICAL, 2015-2023 (USD MILLION) 61
TABLE 24 ESIM MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION) 62
TABLE 25 ESIM MARKET IN APAC, BY APPLICATION, 2015-2023 (USD MILLION) 65
TABLE 26 ESIM MARKET IN APAC, BY VERTICAL, 2015-2023 (USD MILLION) 65
TABLE 27 ESIM MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION) 66
TABLE 28 ESIM MARKET IN ROW, BY APPLICATION, 2015-2023 (USD MILLION) 67
TABLE 29 ESIM MARKET IN ROW, BY VERTICAL, 2015-2023 (USD MILLION) 68
TABLE 30 ESIM MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION) 68
TABLE 31 RANKING ANALYSIS OF KEY PLAYERS IN ESIM MARKET, 2016 71

LIST OF FIGURES
FIGURE 1 MARKET SEGMENTATION 12
FIGURE 2 RESEARCH DESIGN 15
FIGURE 3 BOTTOM-UP APPROACH TO ARRIVE AT MARKET SIZE 20
FIGURE 4 TOP-DOWN APPROACH TO ARRIVE AT MARKET SIZE 21
FIGURE 5 DATA TRIANGULATION METHODOLOGY 22
FIGURE 6 ESIM MARKET IN TERMS OF VALUE AND VOLUME, 2018 VS. 2023 24
FIGURE 7 SMARTPHONES TO EXHIBIT HIGHEST CAGR IN ESIM MARKET DURING 2018-2023 25
FIGURE 8 ESIM MARKET, BY VERTICAL, 2018 VS. 2023 (USD MILLION) 26
FIGURE 9 ESIM MARKET, BY REGION 27
FIGURE 10 EMPHASIS ON REMOTE SIM PROVISIONING FOR M2M DRIVES ESIM MARKET GROWTH 28
FIGURE 11 MARKET FOR SMARTPHONE APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 28
FIGURE 12 CONSUMER ELECTRONICS VERTICAL TO DOMINATE ESIM MARKET DURING 2018-2023 29
FIGURE 13 CHINA TO HOLD LARGEST SHARE OF ESIM MARKET IN ASIA PACIFIC IN 2018 29
FIGURE 14 US TO HOLD LARGEST SHARE OF ESIM MARKET IN 2018 30
FIGURE 15 EVOLUTION OF ESIM 31
FIGURE 16 VALUE CHAIN ANALYSIS OF ECOSYSTEM OF EMBEDDED SIM CARDS 36
FIGURE 17 ESIM MARKET, BY APPLICATION 38
FIGURE 18 ESIM MARKET FOR SMARTPHONES TO GROW AT HIGHEST CAGR BETWEEN 2018 AND 2023 40
FIGURE 19 ESIM MARKET, BY VERTICAL 47
FIGURE 20 ESIM MARKET FOR CONSUMER ELECTRONICS TO GROW AT HIGHEST CAGR BETWEEN 2018 AND 2023 48
FIGURE 21 GEOGRAPHIC SNAPSHOT: ESIM MARKET (2018-2023) 56
FIGURE 22 ESIM MARKET IN APAC TO GROW AT HIGHEST CAGR BETWEEN 2018 AND 2023 56
FIGURE 23 NORTH AMERICA: ESIM MARKET SNAPSHOT 57
FIGURE 24 EUROPE: ESIM MARKET SNAPSHOT 60
FIGURE 25 APAC: ESIM MARKET SNAPSHOT 64
FIGURE 26 COMPANIES ADOPTED AGREEMENTS/COLLABORATIONS/PARTNERSHIPS/ STRATEGIC ALLIANCES AS KEY GROWTH STRATEGY BETWEEN 2016 AND 2018 70
FIGURE 27 GEMALTO: COMPANY SNAPSHOT 79
FIGURE 28 STMICROELECTRONICS: COMPANY SNAPSHOT 82
FIGURE 29 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT 85
FIGURE 30 NXP SEMICONDUCTORS: COMPANY SNAPSHOT 88
FIGURE 31 GIESECKE & DEVRIENT: COMPANY SNAPSHOT 91
FIGURE 32 DEUTSCHE TELEKOM: COMPANY SNAPSHOT 94
FIGURE 33 TELEFĂ“NICA: COMPANY SNAPSHOT 96
FIGURE 34 NTT DOCOMO: COMPANY SNAPSHOT 98
FIGURE 35 SINGTEL: COMPANY SNAPSHOT 100
FIGURE 36 SIERRA WIRELESS: COMPANY SNAPSHOT 102