Tech-trends! The worldwide 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. The tech-savvy millennial and mid-aged population across the world demand advanced technologies such as smartphones and smart wearable. Based on application the eSIM market is categorised into connected cars, laptops and tablets The demand for eSIMs is rising among the smartphone manufacturers, automobile manufacturers, laptop manufacturers, energy & utility sector players.
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