The 5G e-sim market is valued at USD 1.419 billion in 2025.
5G technology, unlike previous generation networks, provides device-network connection without experiencing any slowdowns, which enables the new services and products relying on high-speed bandwidth. The modern approach used by the 5G network, which involves the usage of e-SIM, makes it ideal for various applications such as consumer electronics.
Over the years, the trend of smartphone adoption has picked up pace, fuelled by the improvement in living standards and rapid urbanization, which has accelerated demand for high-speed networks, thereby driving 5G demand. Ericsson’s “Mobility Report” stated that by 2029, global 5G subscriptions will reach 5.3 billion from 2023’s strength of 1.6 billion, thereby showing a significant growth of 330%. As per the source, North America, with 61% witnessed the highest 5G subscription rate by the end of 2023.
E-SIM offers greater coverage, faster speed, and responsiveness, which makes it easy for devices to connect to a 5G network without changing SIMs. With the growing 5G subscription, the demand for eSIM has also increased. For instance, according to the GMSA’s “Mobile Economy 2024”, e-sim smartphone connection is expected to reach 1 billion by 2025, and by 2030, the figure will witness a remarkable growth, reaching up to 6.9 billion. Major Economies, namely the USA, are at the forefront of e-sim adoption, especially for smartphones.
Application-wise, the 5G e-sim market is analyzed into consumer electronics and M2M, where the former is anticipated to show significant growth during the forecast period, fueled by the high applicability of e-sim in smartphones and wearables. According to the “Mobile Economy 2024” report issued by GSMA, by the end of the first half of 2023, smartphones accounted for 60% of e-sim consumer devices, followed by smartwatches and tablets. The same source specified that as of June 2023, e-sim services for smartphones were launched in 116 countries globally.
The booming 5G device demand, followed by innovation in chip technologies, new 5G use cases development, and availability of OTA SIM platforms, are exercising innovations, flexibility, and efficiency in 5G applications. Hence, various product launches, collaborations, and partnerships are being implemented to bolster e-sim technology adoption. For instance,
The 5G e-sim market, based on geography, is segmented into the Americas, Europe Middle East and Africa, and Asia Pacific. The Americas are estimated to show significant growth fueled by the growing 5G penetration in major regional economies, namely the USA. Likewise, countries such as China, Japan, and South Korea in the APAC and the United Kingdom and Germany in EMEA are also investing in expanding their 5G coverage.
The nations are witnessing a series of developments such as product launches and collaborations, which are projected to drive market expansion. For instance,
Some of the leading players in the market include Airalo, Celitech Inc., and Idemia, among others. The product offerings of the major corporation include the following:
|
COMPANY NAME |
PRODUCT NAME |
DESCRIPTION |
|
Circles.Life |
E-Sim |
Circles.Life’s e-sim is available at different data ranges inclusive of 250GB, 500GB, 100GB, and 1TB all of which provide 99% of 5G coverage. The first two months of all the data plans offer free express VPN subscriptions. |
|
IDEMIA |
IDEMIA eSIM |
The e-sim solution provided by IDEMIA is compatible with a wide range of consumer devices such as laptops, wearables, and tablets. It enables the consumer to optimize and manage their 5G network subscriptions. |
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| 5G E-Sim Market Size in 2022 | US$1.419 billion |
| Growth Rate | CAGR during the forecast period |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the 5G E-Sim Market | |
| Customization Scope | Free report customization with purchase |
The 5G E-Sim Market is analyzed into the following segments: