Outlook on the Worldwide eSIM Industry to 2027

The eSIM market was valued at US$ 392.7 million in 2019 and is projected to reach US$ 2,282.3 million by 2027; it is expected to grow at a CAGR of 27.4% from 2020 to 2027. eSIM Industry

The tech-savvy millennial and middle-aged population across the world demand advanced technologies such as smartphones and smart wearables. Owing to this, several companies constantly engage themselves in developing robust technologies to ease their lifestyle. The US, China, Japan, Germany, India, and the UK are among the leading technologically developed countries and house a significant number of consumer electronics manufacturers and automobile manufacturers. Smartphone manufacturers contribute a significant revenue share in the embedded SIM (eSIM) market.

Based on application, the eSIM market is categorized into connected cars, laptops and tablets M2M, smartphones, wearables, and others. In 2019, the M2M segment dominated the eSIM market; however, the smartphone segment is anticipated to grow at the fastest growth rate.

The demand for eSIMs is constantly rising among smartphone manufacturers, automobile manufacturers, laptop manufacturers, and energy & utility sector players. The OEMs across the globe are robustly focusing on the development and integration of eSIM in various applications. The growing demand for miniaturization and IoT technology across various industries is also boosting the demand of eSIM globally.

Here are some indicative prepaid eSIM card prices:


Europe (39 countries)

1 GB - 7 days - €4.53

3 GB - 30 days - €12.00

10 GB - 30 days - €33.40airalo

Europe (29 countries)

500 MB - 1 day - €2.00

3 GB - 30 days - €8.00

10 GB - 30 days - €19.00


Europe (36 countries)

1 GB - 7 days - €6.50

3 GB - 15 days - €11.00

10 GB - 30 days - €20.50


Europe (42 countries) 

1 GB - 7 days - €3.73
3 GB - 15 days - €8.45

10 GB - 30 days- €17.40 instabridge logo

Europe (43 countries) 

1 GB - 7 days - €4.70 

5 GB - 30 days - €18.70

10 GB -30 days- €35.40gigsky
eSIM Europe 

Europe (42 countries)

5 GB - 10 days - €11.20

10 GB - 30 days - €22.50

20 GB - 30 days - €33.55 EUsim logo
Stay ahead of the curve in mobile connectivity by following all the latest and most important eSIM news.

Geographically, the eSIM market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America held the largest share of the global eSIM market, followed by Asia Pacific and Europe, in 2019. The rise in penetration of smartphones connected cars and autonomous vehicles in North America is paving the way of eSIM adoption. The presence of a large number of telecom companies coupled with higher volumes of smart consumer electronics and automotive manufacturers are boosting the growth of the eSIM market in North America. The penetration of smart technologies among the North American masses is considerably high and pertaining to this, the awareness related to the benefits of eSIM is more among the US and Canadian populations.

Impact of the COVID-19 Pandemic on the eSIM Market eSIM Industry

The COVID-19 outbreak, which began in Wuhan (China) in December 2019, has rapidly spread across the globe. It has badly affected China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US in terms of confirmed positive cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries as it has resulted in lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the eSIM market due to factory shutdowns, disrupted supply chains, and a downturned global economy. eSIM Industry

Samsung B2B


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