The global eSIM for the travel market was valued at USD 1100.0 million in 2021 and is expected to expand at a CAGR of 9.79% during the forecast period, reaching USD 1927.0 million by 2027. Largest eSIM Companies
The global eSIM for travel market is expected to increase during the forecasted period due to the rising number of eSIM for travel. In 2023, the industry is growing at a steady rate, and with the rising adoption of strategies by key manufacturers, the market is expected to rise over the projected horizon.
The global eSIM for travel market was valued at USD 1100.0 million in 2021 and is expected to expand at a CAGR of 9.79% during the forecast period, reaching USD 1927.0 million by 2027.
Who are the largest companies in eSIM for the travel market?
- Samsung Electronics
- Sierra Wireless
- NXP Semiconductors
Apple has been a trailblazer in eSIM technology, integrating it into their devices starting with the iPhone XS, XS Max, and XR models. Their use of eSIM technology allows users to activate cellular plans from different carriers without having to swap out physical SIM cards, making it an ideal feature for frequent travelers.
Telit is a global leader in IoT enablement, known for its high-quality wireless modules. The company has embraced eSIM technology, offering IoT connectivity solutions that are perfect for the travel market. Their OneEdge suite of tools, an innovative module-embedded software system with cloud-based management, provides integrated cellular connectivity and simplifies device deployment and management.
Samsung Electronics, a global tech titan, has also incorporated eSIM technology into its devices. The company’s latest Galaxy devices have eSIM capabilities that allow users to switch between different network providers easily, providing convenience and flexibility for international travelers.
Sierra Wireless is a leading IoT solutions provider that offers innovative products and solutions for the connected economy. They provide a range of eSIM solutions that offer global coverage, enabling seamless transitions between different network providers. This makes their solutions particularly suited for the travel market.
IDEMIA is a renowned name in Augmented identity solutions and an important player in the eSIM landscape. The company offers eSIM management solutions that allow seamless connectivity across different countries. Their solutions cater to device manufacturers, mobile operators, and service providers, making them a popular choice in the travel market.
Giesecke+Devrient (G+D) is a global security technology group that has been at the forefront of eSIM management. G+D’s AirOn eSIM management solution provides end-to-end security and enables seamless connectivity globally, making it an excellent choice for travelers seeking reliable and secure connectivity.
NXP Semiconductors is a leading semiconductor manufacturer known for its smart connectivity solutions. The company provides secure eSIM solutions that offer flexible connectivity options. Their solutions are designed to work across multiple network providers globally, providing a seamless experience for travelers.
Gemalto, now part of Thales Group, is a world leader in digital security and a major player in the eSIM market. The company offers On-Demand Connectivity (ODC) solutions and eSIM management services that allow users to manage their connectivity needs digitally, providing convenience and flexibility for travelers.
STMicroelectronics is a global semiconductor leader serving customers across the spectrum of electronics applications. They offer eSIM solutions that provide secure identity services and connectivity management. Their solutions are designed to offer seamless global connectivity, making them particularly useful in the travel market.