Industry: Electronics & Semiconductor
Published Date: 2025-08-13
Pages: 96 Pages
Report ld: 4924707
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IoT eSIM Card Market Size(US$)

CAGR 2025-2031
8.7%
Market Size,2031
USD 1,731
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for IoT eSIM Card was valued at US$ 965 million in the year 2024 and is projected to reach a revised size of US$ 1731 million by 2031, growing at a CAGR of 8.7% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on IoT eSIM Card competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
An IoT eSIM card (embedded SIM) is a programmable, remotely provisioned SIM card designed specifically for Internet of Things (IoT) devices. Unlike traditional physical SIM cards, the eSIM is soldered directly onto the device’s motherboard and allows over-the-air updates and management of mobile network profiles. This enables global connectivity without manual SIM replacement, enhances security, and supports device miniaturization and scalability. IoT eSIMs are widely used in applications such as smart meters, connected vehicles, industrial sensors, and wearable devices, offering flexibility and efficiency for large-scale IoT deployments. In 2024, the shipment volume of eSIM ICs will be about 500 million pieces, with an average price of US$2 per piece.
North American market for IoT eSIM Card is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for IoT eSIM Card is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of IoT eSIM Card include STMicroelectronics, NXP, Infineon, Thales Group, GCT Semiconductor, IDEMIA, Giesecke+Devrient, VALID, Workz (Trasna), Unigroup Guoxin Microelectronics, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for IoT eSIM Card, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT eSIM Card.
The IoT eSIM Card market size, estimations, and forecasts are provided in terms of output/shipments (K Pcs) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global IoT eSIM Card market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT eSIM Card manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
STMicroelectronics
NXP
Infineon
Thales Group
GCT Semiconductor
IDEMIA
Giesecke+Devrient
VALID
Workz (Trasna)
Unigroup Guoxin Microelectronics
HuaDa Semiconductor
Henghui Technology
Segment by Type
MFF2 Form-factor
WLCSP Form-factor
Others
Segment by Application
Consumer Electronics
Internet of Things
Others
Production by Region
North America
Europe
China
Japan
South Korea
Southeast Asia
China Taiwan
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East and Africa
Turkey
Saudi Arabia
UAE
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of IoT eSIM Card manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of IoT eSIM Card by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of IoT eSIM Card in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 IoT eSIM Card Market Overview
1.1 Product Definition
1.2 IoT eSIM Card by Type
1.2.1 Global IoT eSIM Card Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 MFF2 Form-factor
1.2.3 WLCSP Form-factor
1.2.4 Others
1.3 IoT eSIM Card by Application
1.3.1 Global IoT eSIM Card Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Consumer Electronics
1.3.3 Internet of Things
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global IoT eSIM Card Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global IoT eSIM Card Production Estimates and Forecasts (2020-2031)
1.4.4 Global IoT eSIM Card Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global IoT eSIM Card Production Market Share by Manufacturers (2020-2025)
2.2 Global IoT eSIM Card Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of IoT eSIM Card, Industry Ranking, 2023 VS 2024
2.4 Global IoT eSIM Card Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global IoT eSIM Card Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of IoT eSIM Card, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of IoT eSIM Card, Product Offered and Application
2.8 Global Key Manufacturers of IoT eSIM Card, Date of Enter into This Industry
2.9 IoT eSIM Card Market Competitive Situation and Trends
2.9.1 IoT eSIM Card Market Concentration Rate
2.9.2 Global 5 and 10 Largest IoT eSIM Card Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 IoT eSIM Card Production by Region
3.1 Global IoT eSIM Card Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global IoT eSIM Card Production Value by Region (2020-2031)
3.2.1 Global IoT eSIM Card Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of IoT eSIM Card by Region (2026-2031)
3.3 Global IoT eSIM Card Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global IoT eSIM Card Production Volume by Region (2020-2031)
3.4.1 Global IoT eSIM Card Production by Region (2020-2025)
3.4.2 Global Forecasted Production of IoT eSIM Card by Region (2026-2031)
3.5 Global IoT eSIM Card Market Price Analysis by Region (2020-2025)
3.6 Global IoT eSIM Card Production and Value, Year-over-Year Growth
3.6.1 North America IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
3.6.3 China IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
3.6.6 Southeast Asia IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
3.6.7 China Taiwan IoT eSIM Card Production Value Estimates and Forecasts (2020-2031)
4 IoT eSIM Card Consumption by Region
4.1 Global IoT eSIM Card Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global IoT eSIM Card Consumption by Region (2020-2031)
4.2.1 Global IoT eSIM Card Consumption by Region (2020-2025)
4.2.2 Global IoT eSIM Card Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America IoT eSIM Card Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America IoT eSIM Card Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe IoT eSIM Card Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe IoT eSIM Card Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific IoT eSIM Card Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific IoT eSIM Card Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa IoT eSIM Card Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa IoT eSIM Card Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global IoT eSIM Card Production by Type (2020-2031)
5.1.1 Global IoT eSIM Card Production by Type (2020-2025)
5.1.2 Global IoT eSIM Card Production by Type (2026-2031)
5.1.3 Global IoT eSIM Card Production Market Share by Type (2020-2031)
5.2 Global IoT eSIM Card Production Value by Type (2020-2031)
5.2.1 Global IoT eSIM Card Production Value by Type (2020-2025)
5.2.2 Global IoT eSIM Card Production Value by Type (2026-2031)
5.2.3 Global IoT eSIM Card Production Value Market Share by Type (2020-2031)
5.3 Global IoT eSIM Card Price by Type (2020-2031)
6 Segment by Application
6.1 Global IoT eSIM Card Production by Application (2020-2031)
6.1.1 Global IoT eSIM Card Production by Application (2020-2025)
6.1.2 Global IoT eSIM Card Production by Application (2026-2031)
6.1.3 Global IoT eSIM Card Production Market Share by Application (2020-2031)
6.2 Global IoT eSIM Card Production Value by Application (2020-2031)
6.2.1 Global IoT eSIM Card Production Value by Application (2020-2025)
6.2.2 Global IoT eSIM Card Production Value by Application (2026-2031)
6.2.3 Global IoT eSIM Card Production Value Market Share by Application (2020-2031)
6.3 Global IoT eSIM Card Price by Application (2020-2031)
7 Key Companies Profiled
7.1 STMicroelectronics
7.1.1 STMicroelectronics IoT eSIM Card Company Information
7.1.2 STMicroelectronics IoT eSIM Card Product Portfolio
7.1.3 STMicroelectronics IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.1.4 STMicroelectronics Main Business and Markets Served
7.1.5 STMicroelectronics Recent Developments/Updates
7.2 NXP
7.2.1 NXP IoT eSIM Card Company Information
7.2.2 NXP IoT eSIM Card Product Portfolio
7.2.3 NXP IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.2.4 NXP Main Business and Markets Served
7.2.5 NXP Recent Developments/Updates
7.3 Infineon
7.3.1 Infineon IoT eSIM Card Company Information
7.3.2 Infineon IoT eSIM Card Product Portfolio
7.3.3 Infineon IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Infineon Main Business and Markets Served
7.3.5 Infineon Recent Developments/Updates
7.4 Thales Group
7.4.1 Thales Group IoT eSIM Card Company Information
7.4.2 Thales Group IoT eSIM Card Product Portfolio
7.4.3 Thales Group IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Thales Group Main Business and Markets Served
7.4.5 Thales Group Recent Developments/Updates
7.5 GCT Semiconductor
7.5.1 GCT Semiconductor IoT eSIM Card Company Information
7.5.2 GCT Semiconductor IoT eSIM Card Product Portfolio
7.5.3 GCT Semiconductor IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.5.4 GCT Semiconductor Main Business and Markets Served
7.5.5 GCT Semiconductor Recent Developments/Updates
7.6 IDEMIA
7.6.1 IDEMIA IoT eSIM Card Company Information
7.6.2 IDEMIA IoT eSIM Card Product Portfolio
7.6.3 IDEMIA IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.6.4 IDEMIA Main Business and Markets Served
7.6.5 IDEMIA Recent Developments/Updates
7.7 Giesecke+Devrient
7.7.1 Giesecke+Devrient IoT eSIM Card Company Information
7.7.2 Giesecke+Devrient IoT eSIM Card Product Portfolio
7.7.3 Giesecke+Devrient IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Giesecke+Devrient Main Business and Markets Served
7.7.5 Giesecke+Devrient Recent Developments/Updates
7.8 VALID
7.8.1 VALID IoT eSIM Card Company Information
7.8.2 VALID IoT eSIM Card Product Portfolio
7.8.3 VALID IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.8.4 VALID Main Business and Markets Served
7.8.5 VALID Recent Developments/Updates
7.9 Workz (Trasna)
7.9.1 Workz (Trasna) IoT eSIM Card Company Information
7.9.2 Workz (Trasna) IoT eSIM Card Product Portfolio
7.9.3 Workz (Trasna) IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Workz (Trasna) Main Business and Markets Served
7.9.5 Workz (Trasna) Recent Developments/Updates
7.10 Unigroup Guoxin Microelectronics
7.10.1 Unigroup Guoxin Microelectronics IoT eSIM Card Company Information
7.10.2 Unigroup Guoxin Microelectronics IoT eSIM Card Product Portfolio
7.10.3 Unigroup Guoxin Microelectronics IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Unigroup Guoxin Microelectronics Main Business and Markets Served
7.10.5 Unigroup Guoxin Microelectronics Recent Developments/Updates
7.11 HuaDa Semiconductor
7.11.1 HuaDa Semiconductor IoT eSIM Card Company Information
7.11.2 HuaDa Semiconductor IoT eSIM Card Product Portfolio
7.11.3 HuaDa Semiconductor IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.11.4 HuaDa Semiconductor Main Business and Markets Served
7.11.5 HuaDa Semiconductor Recent Developments/Updates
7.12 Henghui Technology
7.12.1 Henghui Technology IoT eSIM Card Company Information
7.12.2 Henghui Technology IoT eSIM Card Product Portfolio
7.12.3 Henghui Technology IoT eSIM Card Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Henghui Technology Main Business and Markets Served
7.12.5 Henghui Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 IoT eSIM Card Industry Chain Analysis
8.2 IoT eSIM Card Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 IoT eSIM Card Production Mode & Process Analysis
8.4 IoT eSIM Card Sales and Marketing
8.4.1 IoT eSIM Card Sales Channels
8.4.2 IoT eSIM Card Distributors
8.5 IoT eSIM Card Customer Analysis
9 IoT eSIM Card Market Dynamics
9.1 IoT eSIM Card Industry Trends
9.2 IoT eSIM Card Market Drivers
9.3 IoT eSIM Card Market Challenges
9.4 IoT eSIM Card Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT SCOPE
CHAPTER OUTLINE
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TABLE OF FIGURES
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