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5G NTN Market Size, Share, Growth Analysis, Forecast, and Trends to 2032
The 5G NTN Market was valued at USD 5.5 Billion in 2023 and is expected to reach USD 77.9 Billion by 2032, growing at a CAGR of 34.14% from 2024-2032.
The 5G Non-Terrestrial Network (NTN) market is witnessing exponential growth as it reshapes global communication infrastructure. Integrating satellite and airborne platforms with terrestrial 5G, NTNs promise unprecedented coverage, bridging the digital divide across remote and underserved areas. Major technology firms and telecom operators are investing heavily in NTN solutions to power industries like maritime, aviation, defense, and emergency services, where terrestrial networks fall short. This global push is further fueled by rising demand for real-time data, low latency, and seamless mobility across geographies.
5G NTN Market Transforming traditional limitations, 5G NTN enhances connectivity through a seamless blend of satellite and terrestrial systems. It empowers a broad range of applications—from autonomous transport to remote healthcare—bringing ubiquitous, resilient, and scalable communications to the forefront. This fusion is instrumental in the rollout of future-ready networks, enabling countries and enterprises to boost digital infrastructure and achieve economic and technological advancements.
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Market Keyplayers:
SpaceX – Starlink
OneWeb – OneWeb LEO Satellite Network
Telesat – Lightspeed Constellation
Amazon (Project Kuiper) – Kuiper Satellite System
AST SpaceMobile – BlueWalker 3
SES S.A. – O3b mPOWER
Eutelsat – EUTELSAT KONNECT VHTS
Inmarsat (Viasat Inc.) – ORCHESTRA Network
Thales Group – Thales Alenia Space SATCOM Solutions
Lockheed Martin – Pony Express 1
Hughes Network Systems – Jupiter 3 Satellite
Nokia – Nokia AVA for NTN
Ericsson – Ericsson 5G Core for NTN
Huawei – 5G NTN Integrated Solutions
Intelsat – FlexMove Connectivity
Market Analysis
The global 5G NTN market is characterized by intense innovation and strategic collaborations. Key players are entering partnerships with satellite operators, device manufacturers, and governments to accelerate the deployment of NTN-enabled services. The competitive landscape is dynamic, with startups and legacy firms racing to launch Low Earth Orbit (LEO) satellite constellations and integrate AI-based traffic and signal management. Regulatory progress across regions is also accelerating the time-to-market for NTN solutions.
The market is being shaped by various use cases across sectors such as aerospace, transportation, agriculture, mining, and defense. Demand for reliable, always-on connectivity is a strong catalyst, particularly in geographically challenged areas like rural zones, oceans, and disaster-hit regions. Government initiatives for rural broadband and smart infrastructure are significantly driving adoption.
Market Trends
Integration of LEO satellites with 5G terrestrial networks
Growth in IoT and M2M applications via NTN infrastructure
Emergence of hybrid networks combining air, ground, and sea coverage
Partnerships between telecom providers and space tech firms
Focus on energy-efficient NTN hardware and network sustainability
Regulatory frameworks being adapted to enable commercial NTN use
Increased use of AI and edge computing in NTN systems
Market Scope
Global Reach: Expands high-speed connectivity to the most inaccessible terrains
Emergency Services: Ensures robust communication during natural disasters
Autonomous Systems: Enables operation of drones, vehicles, and machinery in remote areas
Maritime & Aviation: Delivers uninterrupted coverage over sea and air routes
Government & Defense: Secures mission-critical and surveillance communications
The scope of the 5G NTN market is vast and transformative, impacting industries that rely on connectivity beyond traditional cellular networks. Its cross-sectoral applications position it as a pivotal enabler of Industry 4.0 and next-generation digital infrastructure.
Market Forecast
The market is projected to grow rapidly over the coming years, driven by the confluence of satellite advancements, 5G proliferation, and the demand for resilient, global connectivity. Continuous innovation in satellite technology, cost-effective deployment strategies, and international collaborations are expected to fuel this momentum. As commercial launches accelerate, NTN is set to become a cornerstone of next-generation telecommunications, complementing terrestrial 5G to provide truly borderless network access.
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Conclusion
The 5G NTN market is not just a technological leap—it is a bridge to an interconnected future where no location is left behind. As it continues to mature, it will redefine how businesses, governments, and individuals communicate across the globe. With strategic foresight and global collaboration, 5G NTN stands as the next frontier of wireless innovation, promising an inclusive, always-connected world that meets the evolving needs of the digital age.
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Round Solutions GmbH & Co. KG
Founded 1999 in Germany, Round Solutions is one of the leading pioneers in M2M and IoT technologies. We design, build and distribute the world's most advanced Edge and wireless technologies.
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Challenges and Opportunities in the Industrial Internet of Things Market
The global industrial internet of things market size is anticipated to reach USD 1,693.30 billion by 2030 and projected to grow at a CAGR of 23.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is being driven by a significant focus on predictive maintenance, automation, and efficient supply chain management across various industrial sectors, particularly manufacturing. Many organizations have acknowledged the advantages of integrating industrial IoT to enhance productivity and have implemented a variety of advanced Industrial IoT solutions using compatible hardware, such as actuators and sensors, along with software. This has contributed to the market growth.
Companies are involved in strategic partnerships and collaborations and are allocating substantial resources towards research and development to drive innovation and to stay competitive in the industry. For instance, in February 2024, Digi International Inc. introduced the Digi IX40, a 5G edge computing industrial IoT cellular router solution. The Digi IX40 is specifically designed for Industry 4.0 applications, including advanced robotics, predictive maintenance, asset monitoring, industrial automation, and smart manufacturing. Such strategies by market players are anticipated to augment the market growth in the coming years.
The increasing application of M2M across various industries, such as automotive, smart cars, utilities, smart grids, home automation, healthcare, and security, is expected to drive the adoption of industrial IoT across businesses. The data collected by OT, M2M, and IoT systems is expected to integrate both operational and informational technology, thereby opening new insights to innovate the decision-making process.
The adoption of sensors and distributed control systems will help to control and manage work processes and automate management processes for all industrial operations. As a result, the demand for implementing sensors and DCS in various business operations will increase annually. Thus, there is a global increase in the need for sensors and DCS due to multiple associated advantages, which is driving the market growth in the coming years.
Gather more insights about the market drivers, restrains and growth of the Industrial Internet of Things Market
Industrial Internet of Things Market Report Highlights
• Based on component, the services segment is anticipated to grow at the fastest CAGR from 2024 to 2030, owing to a significant increase in the number of connected gadgets
• Based on end use, the manufacturing sub-segment led the market with the largest revenue share of 18.22% in 2023, as companies are rapidly adopting digital manufacturing technologies, while logistics & transport segment is anticipated to grow at the fastest CAGR from 2024 to 2030
• North America accounted for the largest revenue share of 32.0% in 2023, closely followed by Europe owing to the early adoption and implementation of industrial internet of things technology
• In May 2024, Proxgy, an industrial internet of things startup, launched a satellite-based smart lock locator, designed for the transportation and logistics industry. The smart lock comes with state-of-the-art features, including real-time tamper alerts, geofencing, geolocation tracking, RFID and NFC smart key unlock, and remote lock/unlock capabilities
Industrial Internet of Things Market Segmentation
Grand View Research has segmented the global industrial internet of things market report based on component, end use, software, connectivity technology, device and technology, and region.
Industrial Internet of Things Component Outlook (Revenue, USD Million, 2018 - 2030)
• Hardware
• Solution
o Remote Monitoring
o Data Management
o Analytics
o Security Solutions
o Others
• Services
o Professional
o Managed
• Platform
o Connectivity Management
o Application Management
o Device Management
Industrial Internet of Things End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Aviation
• Metal & Mining
• Chemical
• Manufacturing
• Energy & Power
• Smart Grids
• Oil & Gas
• Healthcare
• Logistics & Transport
o Intelligent Signaling System
o Video Analytics
o Incident Detection System
o Route Scheduling Guidance System
• Agriculture
o Precision Farming
o Livestock Monitoring
o Smart Greenhouses
o Fish Farming
• Retail
o Point of Sales
o Interactive Kiosks
o Self-Checkout Systems
• Others
Industrial Internet of Things Software Outlook (Revenue, USD Million, 2018 - 2030)
• Product Lifecycle Management
• Manufacturing Execution Systems
• SCADA
• Outage Management Systems
• Distribution Management Systems
• Remote Patent Monitoring
• Retail Management Software
• Visualization Software
• Transit Management Systems
• Farm Management Systems
Industrial Internet of Things Connectivity Technology Outlook (Revenue, USD Million, 2018 - 2030)
• Wired Technology
o Ethernet
o Foundation Fieldbus
• Wireless Technology
o Wi-Fi
o Bluetooth
o Cellular Technologies
o Satellite Technologies
Industrial Internet of Things Device and Technology Outlook (Revenue, USD Million, 2018 - 2030)
• Sensors
• Radio Frequency Identification (RFID)
• Industrial Robotics
• Distributed Control Systems
• Condition Monitoring
• Smart Meters
• Electronic Shelf Labels
• Cameras
• Smart Beacons
• Interface Boards
• Yield Monitors
• Guidance & Steering
• GPS/GNSS
• Flow & Application Control Devices
• Networking Technology
Industrial Internet of Things Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Benelux
o Nordics
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
o Chile
o Peru
• Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
Order a free sample PDF of the Industrial Internet of Things Market Intelligence Study, published by Grand View Research.
#Industrial Internet of Things Market#Industrial Internet of Things Market Size#Industrial Internet of Things Market Share#Industrial Internet of Things Market Analysis#Industrial Internet of Things Market Growth
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eSIM Market Product Analysis, Share by Types and Region till 2030
The global eSIM market is expected to reach USD 15,464.0 million by 2030 at a CAGR of 7.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. Technological developments in consumer electronic devices such as smartphones, laptops, tablets, wearables fueling the eSIM market growth. Furthermore, due to the small size of the chipset, eSIMs are likely to be widely used in smartphones. For example, in 2018, Apple, Inc. released an iPhone featuring dual SIM capabilities, including a Nano-SIM and an eSIM. Furthermore, Apple, Inc. has included eSIM in their tablet and watch series.
SIM cards with eSIMs are considerably smaller than those with physical SIMs. Chipsets are therefore smaller when integrated into devices. Device manufacturers benefit from eSIM technology since they can save space by eliminating the physical SIM card tray and SIM card slot. Thus, factors such as compact design specification and multiple carrier support of the eSIM are propelling the market growth.
The 5G technology is intended to deliver faster internet speeds and more network capacity. 5G is expected to provide download speeds of 1 gigabit per second while lowering latency to less than a millisecond. This is expected to have a beneficial impact on the eSIM market, expanding its acceptance across a range of cellular-enabled devices. As a result, network service providers and OEMs are overhauling their infrastructure in order to efficiently manage the connectivity and speed provided by 5G. eSIM technology, which can be easily integrated into smaller devices like fitness bands, wearables, and smartwatches, is the future of 5G.
Gather more insights about the market drivers, restrains and growth of the Global eSIM Market
eSIM Market Report Highlights
Due to connectivity subscriptions from M2M devices, the connectivity services segment held the greatest market share in 2022
The hardware segment is expected to attain a substantial CAGR throughout the forecasted period due to smartphone manufacturers' use of eSIM technology
Due to technological improvements and IoT connectivity among devices, the consumer electronics segment is expected to expand at a considerable CAGR of more than 9.2% throughout the forecast period
Browse through Grand View Research's Communication Services Industry Research Reports.
Open RAN Market: The global open RAN market size was estimated at USD 4.51 billion in 2024 and is projected to grow at a CAGR of 25.6% from 2025 to 2030.
Broadcasting And Cable TV Market: The global broadcasting and cable TV market size was estimated at USD 356.45 billion in 2024, registering a CAGR of 4.0% from 2025 to 2030.
eSIM Market Segmentation
Grand View Research has segmented the global eSIM market based on solution, application, and region:
eSIM Solution Outlook (Revenue in USD Million, 2017 - 2030)
Hardware
Connectivity services
eSIM Application Outlook (Revenue in USD Million, 2017 - 2030)
Consumer Electronics
Smartphones
Tablets
Smartwatches
Laptop
Others
M2M
Automotive
Smart Meter
Logistics
Others
eSIM Regional Outlook (Revenue in USD Million, 2017 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Mexico
Middle East and Africa
Saudi Arabia
South Africa
UAE
Order a free sample PDF of the eSIM Market Intelligence Study, published by Grand View Research.
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eSIM Market 2030: Trends, Opportunities, Challenges & Leading Key Players Review
The global eSIM market is expected to reach USD 15,464.0 million by 2030 at a CAGR of 7.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. Technological developments in consumer electronic devices such as smartphones, laptops, tablets, wearables fueling the eSIM market growth. Furthermore, due to the small size of the chipset, eSIMs are likely to be widely used in smartphones. For example, in 2018, Apple, Inc. released an iPhone featuring dual SIM capabilities, including a Nano-SIM and an eSIM. Furthermore, Apple, Inc. has included eSIM in their tablet and watch series.
SIM cards with eSIMs are considerably smaller than those with physical SIMs. Chipsets are therefore smaller when integrated into devices. Device manufacturers benefit from eSIM technology since they can save space by eliminating the physical SIM card tray and SIM card slot. Thus, factors such as compact design specification and multiple carrier support of the eSIM are propelling the market growth.
The 5G technology is intended to deliver faster internet speeds and more network capacity. 5G is expected to provide download speeds of 1 gigabit per second while lowering latency to less than a millisecond. This is expected to have a beneficial impact on the eSIM market, expanding its acceptance across a range of cellular-enabled devices. As a result, network service providers and OEMs are overhauling their infrastructure in order to efficiently manage the connectivity and speed provided by 5G. eSIM technology, which can be easily integrated into smaller devices like fitness bands, wearables, and smartwatches, is the future of 5G.
Gather more insights about the market drivers, restrains and growth of the Global eSIM Market
eSIM Market Report Highlights
Due to connectivity subscriptions from M2M devices, the connectivity services segment held the greatest market share in 2022
The hardware segment is expected to attain a substantial CAGR throughout the forecasted period due to smartphone manufacturers' use of eSIM technology
Due to technological improvements and IoT connectivity among devices, the consumer electronics segment is expected to expand at a considerable CAGR of more than 9.2% throughout the forecast period
Browse through Grand View Research's Communication Services Industry Research Reports.
Open RAN Market: The global open RAN market size was estimated at USD 4.51 billion in 2024 and is projected to grow at a CAGR of 25.6% from 2025 to 2030.
Broadcasting And Cable TV Market: The global broadcasting and cable TV market size was estimated at USD 356.45 billion in 2024, registering a CAGR of 4.0% from 2025 to 2030.
eSIM Market Segmentation
Grand View Research has segmented the global eSIM market based on solution, application, and region:
eSIM Solution Outlook (Revenue in USD Million, 2017 - 2030)
Hardware
Connectivity services
eSIM Application Outlook (Revenue in USD Million, 2017 - 2030)
Consumer Electronics
Smartphones
Tablets
Smartwatches
Laptop
Others
M2M
Automotive
Smart Meter
Logistics
Others
eSIM Regional Outlook (Revenue in USD Million, 2017 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Mexico
Middle East and Africa
Saudi Arabia
South Africa
UAE
Order a free sample PDF of the eSIM Market Intelligence Study, published by Grand View Research.
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ESIM Imaging Market Size, Status and Forecast 2030
eSIM Industry Overview
The global eSIM market size was valued at USD 8.07 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. The market growth is driven by the rising adoption of IoT-connected devices in M2M applications and consumer electronics. There is an upsurge in the number of times eSIM profiles were downloaded across consumer devices. The eSIM market is propelling due to the rise in the adoption of eSIM-connected devices. According to Mobilise, in 2021, there were 1.2 billion eSIM-enabled devices, with the number expected to climb to 3.4 billion by 2025.
Gather more insights about the market drivers, restrains and growth of the eSIM Market
The introduction of eSIM in the automobile industry has provided tremendous flexibility in providing cellular connectivity to trucks and cars while unlocking new capabilities and features. It is expected that within the next several years, all cars will be cellular enabled, resulting in a better driving experience facilitated by novel linked services. Recently, the automotive industry took a giant step toward enabling the next generation of connected automobiles by implementing the GSMA-embedded SIM specification to strengthen vehicle connectivity. It is intended to improve security for various connected services.
The eSIM-enabled solutions offer automatic interoperability across numerous SIM operators, connection platforms, and remote SIM profile provisioning. With multiple network service providers involved in the operating chain, maintaining the security of these systems has grown complicated. Mobile Network Operators' (MNOs') credentials are collected and kept by the eSIM in the device's inbuilt software, making them vulnerable to security breaches. Furthermore, the operation of eSIM across numerous physical platforms and MNOs exposes it to several virtual environment concerns. As a result, the operational flexibility provided by eSIM may be rendered ineffective if security is breached, impeding market expansion.
Industry 4.0 is a technological breakthrough that has introduced smart machinery with automatic communication and control. Industry 4.0 refers to a networked environment in which actionable data and information are transferred between Machine to Machine (M2M) and Machine to Other (M2O) devices via the Internet of Things (IoT). Wi-Fi, sensors, RFID (radio frequency administrations), and autonomous computing software are all used in M2M systems to analyze data and send it over a network for further processing. M2M systems frequently rely on public and cellular networks for internet access. These factors enabled the integration of electronic manufacturers with eSIM (embedded SIM cards) into M2M systems, thereby contributing to market expansion. By enabling M2M communication, eSIM technology has enabled advancements in the connected ecosystem.
The increasing penetration of smartphones across countries such as China, India, Japan, and the U.S. is further anticipated to fuel market growth. Smartphone manufacturers such as Google, Samsung Electronics Co., Apple, Inc., and Motorola Mobility LLC, Ltd. have started implementing eSIM technology into their smartphones in alliance with several network service providers. For instance, Apple, Inc. has partnered with six service providers, Ubigi, MTX Connect, Soracom Mobile, GigSky, Redtea Mobile, and Truphone, to offer eSIM service. Smartphone and consumer electronics manufacturers' increasing adoption of eSIM to provide an enhanced and secure user experience is expected to bolster market growth.
Browse through Grand View Research's Communication Services Industry Research Reports.
• The global speech analytics market was valued at USD 2.82 billion in 2023 and is projected to grow at a CAGR of 15.7% from 2024 to 2030. Advancements in omnichannel integration capabilities fuel the market's growth.
• The global commerce cloud market size was estimated at USD 17.78 billion in 2023 and is expected to grow at a CAGR of 22.8% from 2024 to 2030. The market is experiencing robust growth driven by several key factors.
eSIM Market Segmentation
Grand View Research has segmented the global eSIM market based on solution, application, and region:
eSIM Solution Outlook (Revenue in USD Million, 2017 - 2030) • Hardware • Connectivity services
eSIMc Application Outlook (Revenue in USD Million, 2017 - 2030) • Consumer Electronics o Smartphones o Tablets o Smartwatches o Laptop o Others • M2M o Automotive o Smart Meter o Logistics o Others
eSIM Regional Outlook (Revenue in USD Million, 2017 - 2030) • North America o U.S. o Canada • Europe o UK o Germany o France • Asia Pacific o China o Japan o India o Australia o South Korea • Latin America o Brazil o Mexico • Middle East and Africa o Saudi Arabia o South Africa o UAE
Order a free sample PDF of the eSIM Market Intelligence Study, published by Grand View Research.
Key Companies profiled: • Arm Limited • Deutsche Telekom AG • Giesecke+Devrient GmbH • Thales • Infineon Technologies AG • KORE Wireless • NXP Semiconductors • Sierra Wireless • STMicroelectronics • Workz
Recent Developments
• In May 2023, Lonestar Cell MTN, a South African conglomerate, introduced eSIM technology in Liberia. This advancement allows subscribers to switch to eSIM-compatible devices without the hassle of removing physical SIM cards. Customers can scan a QR code provided at any Lonestar Cell MTN service center.
• In March 2023, Gcore, a public cloud and content delivery network company, launched its Zero-Trust 5G eSIM Cloud platform. This platform offers organizations across the globe a secure and dependable high-speed networking solution. By utilizing Gcore's software-defined eSIM, companies can establish secure connections to remote devices, corporate resources, or Gcore's cloud platform through regional 5G carriers.
• In February 2023, Amdocs, a software company, collaborated with Drei Austria to introduce a groundbreaking eSIM solution. This collaboration enables Drei Austria's customers to access the advantages of digital eSIM technology through a fully app-based experience. The innovative "up" app offers a seamless and entirely digital SIM journey powered by Amdocs' eSIM technology at Drei Austria.
• In December 2022, Grover, a subscription-based electronics rental platform, joined forces with Gigs, a telecom-as-a-service platform, to introduce Grover Connect, its very own mobile virtual network operator (MVNO), in the U.S. Through Grover Connect, customers in the U.S. can effortlessly activate any eSIM-enabled technology device, eliminating the complexities associated with carrier offers and contracts that may not align with their device rental duration.
• In October 2022, Bharti Airtel, a telecommunications service provider based in India, unveiled its "Always On" IoT connectivity solutions. This offering enables seamless connectivity for IoT devices across multiple Mobile Network Operators (MNOs) through an embedded SIM (eSIM) technology. Particularly beneficial for vehicle tracking providers, auto manufacturers, and scenarios where equipment operates in remote areas, requiring uninterrupted and widespread connectivity.
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emnify revolutionizes IoT connectivity in Brazil with single SIM card and full national coverage
Initiative enables mobile connectivity for all IoT/M2M devices in Brazil, regardless of where they are located. São Paulo, September 10, 2024 – emnify, a global leader in cellular IoT connectivity, has launched a groundbreaking solution that guarantees full coverage across all of Brazil using SIM cards with single IMSIs and local numbering. This initiative was made possible thanks to emnify’s…
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Smart Card Market : Analysis of Upcoming Trends and Current Growth
The Smart card market size is projected to reach USD 16.9 billion by 2026, from USD 13.9 billion in 2021; growing at a compound annual growth rate (CAGR) of 4.0% during the forecast period.
Major drivers for the growth of the smart card market are surged demand for contactless card (tap-and-pay) payments amid COVID-19, proliferation of smart cards in healthcare, transportation, and BFSI verticals; increased penetration of smart cards in access control and personal identification applications; and easy access to e-government services and risen demand for online shopping and banking.
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By Vertical segment, the smart card market share for telecommunications segment held the largest share of the market A subscriber identity module (SIM) card is a type of microcontroller-based smart card used in mobile phones and other devices. A SIM identifies and authenticates a subscriber to a wireless cell phone network. The telecommunications segment accounted for the maximum share of 42% of the smart card market in 2020. Expanding global mobile network and improvements in its infrastructure are boosting the growth of the market. In addition, COVID-19 led to an increased demand for connectivity. The current crisis provided a push to the trend of digitalization of business and private communication with cellular technology, along with the generalization of digital conferences. Moreover, the penetration of high-end SIM card technologies, such as LTE, 5G, M2M, eSIM, and SWP, is expected to augment the market growth in the coming years.
By Interface, contactless segment of smart card market is projected to account for largest size of the market during the forecast period A contactless smart card includes an embedded smart card secure microcontroller or equivalent intelligence, internal memory, and a small antenna; it communicates with readers through a contactless radio frequency (RF) interface. Radio-frequency identification (RFID) or near-field communication (NFC) communication technologies are primarily used for contactless smart card applications. COVID-19 is positively impacting the contactless smart card industry growth as the World Health Organization (WHO) and governments across the world are advocating the use of contactless smart cards for various purposes to ensure social distancing to contain the spread of the virus. Contactless smart cards provide ease, speed, and convenience to users. The contactless interface has become highly relevant in the current COVID-19 situation, especially for payment applications, as it facilitates safe and secure transactions without physical contact.
By Region, smart card market in APAC estimated to account for the largest size of the market. Smart card market statistics in Asia Pacific (APAC) is the largest market during forecast period. The robust financial system that is being increasingly digitized and government agencies incorporating smart chip-based systems for better monitoring of processes are propelling several APAC countries to adopt smart card solutions owing to increasing demand, specifically in the transportation, BFSI, retail, government, and healthcare sectors. Smart cards are used to purchase tickets in metros, buses, and ferries, among others, in several countries in APAC. China is projected to witness the highest demand for smart cards in the region owing to a large consumer base and the presence of a number of smart card manufacturers.
Properly implemented smart cards in all sectors have proven highly effective in combating thefts and fraud. Government projects, such as the Aadhar card in India, drive the demand for smart cards for use in a number of sectors. Moreover, security concerns, particularly within the public sphere, are also expected to fuel the growth of the market in APAC.
Top Smart Card Companies - Key Market Players Thales Group (France), IDEMIA (France), Giesecke + Devrient GmBH (Germany), CPI Card Group (US), HID Global Corporation (US), Watchdata (China), Eastcompeace (China), Inteligensa (US), ABCorp (US), and CardLogix (US) are a few major smart card companies in the market.
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Cellular Machine-to-Machine (M2M) Modules Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2033
The Global Cellular Machine-To-Machine (M2M) Modules Market size is projected to be USD 24.47 billion in 2023 to USD 197.10 billion in 2033, exhibiting a CAGR of 23.2% from 2024 to 2033.
The competitive analysis of the Cellular Machine-to-Machine (M2M) Modules Market include a comprehensive analysis of market trends, competitor landscape, consumer behavior, and potential opportunities. It should cover key demographics, market size, growth projections, and risk factors. The report should also highlight the methodology used for data collection and analysis, presenting findings with visual aids such as charts and graphs. Additionally, recommendations and strategic insights for stakeholders to make informed decisions are crucial. The report should be concise, well-organized, and provide actionable information for businesses aiming to navigate the market effectively.
Key Function:
A Cellular Machine-to-Machine (M2M) Modules market research report serves to assess market dynamics, identify opportunities, and mitigate risks for businesses. It analyzes consumer preferences, competitor strategies, and economic trends. The report facilitates informed decision-making by presenting data on market size, growth potential, and emerging patterns. It aids in product development, pricing strategies, and market positioning. Additionally, market research reports help businesses understand their target audience, enhance marketing efforts, and optimize resource allocation. By offering actionable insights, these reports empower organizations to stay competitive, adapt to changing market conditions, and foster sustainable growth in a dynamic business environment.
Key Dynamics:
Market research reports capture vital dynamics, including market trends, competitive analysis, and consumer behavior. They reveal market size, growth projections, and regional nuances. SWOT analysis examines internal strengths and weaknesses, along with external opportunities and threats. Consumer insights delve into preferences, impacting product development and marketing strategies. The competitive landscape unveils key players, strategies, and market shares. Regulatory factors and industry challenges are explored, aiding risk assessment. Timely and accurate information empowers businesses to adapt strategies, capitalize on opportunities, and navigate challenges, ensuring informed decision-making and sustained competitiveness in dynamic markets.
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Market Segmentations:
Global Cellular Machine-to-Machine (M2M) Modules Market: By Company • Huawei • Sierra Wireless • SIMcom Wireless Solutions • Novatel Wireless • Telit Communications • U-blox Global Cellular Machine-to-Machine (M2M) Modules Market: By Type • WiMAX • LTE modules • 2G, 3G Global Cellular Machine-to-Machine (M2M) Modules Market: By Application • Healthcare • Energy & Utilities • Automotive • Security • Other
Regional Analysis of Global Cellular Machine-to-Machine (M2M) Modules Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Cellular Machine-to-Machine (M2M) Modules market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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5G Chipset Market Predicted to Surge at a 25.5% Year-on-Year Growth, Projected to Attain US$ 180.0 Billion by 2032
The global 5G Chipset Market is slated to witness an unprecedented surge, with a projected annual growth rate of 25.5% Year-on-Year (Y-o-Y), reaching a staggering valuation of US$180.0 billion by 2032. This astronomical growth is substantiated by several key factors.
The escalating demand for cellular Internet of Things (IoT) connectivity, coupled with an increasing need for high-speed internet and expansive network coverage, acts as a significant driving force behind this surge. The proliferation of mobile data traffic and the burgeoning requirement for smart technologies further propel this upward trajectory.
Get a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14788
Currently, the network capacity is incapable of handling M2M and human-based communications, as well as their different communication patterns such as latency time. For this reason, a next-level cellular network for mobile communication, featuring hyper-connectivity and larger bandwidth, is required (e.g., 5G network).
M2M communication technology will be widely used in heavy manufacturing industries and process industries (e.g., food industries) to increase the efficiency of different processes and reduce human interference with machines. M2M communication is thus expected to drive the 5G chipset market.
Key Takeaways from the Market Study
Global 5G chipset market worth to experience over 8x growth until 2032
By frequency, sales of sub-6 GHz 5G chipsets to accelerate at a 23.2% value CAGR
Asia Pacific to be the most opportunistic region for market growth, registering a CAGR of 25.5%
U.S to emerge as the dominant market, yielding US$ 69 Billion in value by 2032
China to be the most lucrative market in APAC, documenting a 24.6% CAGR
Japan & South Korea to yield dollar opportunities worth US$ 10 Billion and US$ 7 Billion respectively
Competitive Landscape
Players in the global 5G Chipset Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:
In September 2020, Qualcomm launched a new 5G mobile platform in the 7-series, the Snapdragon 750G 5G Mobile Platform, which enables 5G with brilliant HDR gaming and on-device AI.
In June 2020, Nokia announced a collaboration with Broadcom for the custom system-on-chip solutions for the vendor’s ReefShark-powered portfolio
In June 2021, Samsung Electronics unveiled a new range of new chipsets that will be embedded into the company’s next generation 5G solutions. The new 3GPP Rel.16 compliant chipsets consist of a third generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, a second generation 5G modem System-on-Chip (SoC) and a Digital Front End (DFE)-RFIC integrated chip.
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Know More About What the 5G Chipset Market Repost Covers
Future Market Insights offers an unbiased analysis of the global 5G chipset market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.
Key Segments Covered In The 5G Chipset Market Report
5G Chipset Market by Type:
5G Chipset Modem
5G Chipset RFIC
5G Chipset Market by Process Node:
5G Chipsets less than 10 nm
5G Chipsets between 10-28 nm
5G Chipsets above 28 nm
5G Chipset Market by Frequency:
Sub-6 GHz 5G Chipset
24-39 GHz 5G Chipset
Above 39 GHz 5G Chipset
5G Chipset Market by Application:
5G Chipset for Telecommunications
5G Chipset for Mobile Devices
5G Chipset for Non-Mobile Devices
5G Chipset for Automobiles
5G Chipset Market by Region:
North America 5G Chipset Market
Latin America 5G Chipset Market
Europe 5G Chipset Market
Asia Pacific 5G Chipset Market
Middle East and Africa 5G Chipset Market
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Industrial Cellular Routers: Encouraging Communication in Isolated and Dangerous Settings
Traditional wired networks are no longer the only way to connect in the modern digital era. Robust, dependable, and secure communication solutions are essential for industries operating in distant or harsh areas in order to connect their vital assets and provide real-time data sharing. The industrial cellular router is a type of customized networking equipment that can be used in industrial environments where cable infrastructure may not be available or is impractical.
An Industrial Cellular Router: What Is It? A ruggedized networking device called an industrial cellular router uses cellular networks to provide wide-area connection for industrial applications. Industrial cellular routers use cellular technology (3G, 4G, and increasingly 5G) to transfer data wirelessly over great distances, in contrast to typical routers that depend on physical connections. They are designed especially to endure the harsh conditions found in industrial settings, such as high humidity, high temperatures, vibration, and electromagnetic interference.
Features and Functionalities: The following are some of the main features and functions of industrial cellular routers:
Wireless Connectivity: Reliable wireless communication is made possible by industrial cellular routers, which enable cellular network communication between industrial systems and equipment. They are compatible with multiple carriers and areas because they support a range of cellular standards and frequencies.
Secure Communication: Security is paramount in industrial applications, especially when transmitting sensitive data over public cellular networks. To secure data and defend against cyber threats, industrial cellular routers use virtual private networks (VPNs), firewalls, and sophisticated encryption techniques.
Remote Management: An administrator may monitor, configure, and troubleshoot devices from a central location with the help of several industrial cellular routers' remote management features. Industrial network implementation, maintenance, and optimization are made easier by this remote management feature.
Redundancy and Failover: Industrial cellular routers may provide redundancy and failover capabilities to guarantee constant connectivity and reduce downtime. In the event of a network outage or disturbance, they can immediately switch between the primary and backup cellular networks or use other communication channels.
Importance in Business Environments: Industrial cellular routers are essential in many different industrial domains, such as:
Oil and Gas: Industrial cellular routers provide for real-time monitoring of production processes, equipment health, and environmental conditions in remote oil and gas fields or offshore platforms. This promotes proactive maintenance and operational efficiency.
Utilities: Industrial cellular routers offer connectivity for remote monitoring, control, and optimization of essential infrastructure in utilities like water treatment plants, electrical substations, and renewable energy installations. This increases dependability and resilience.
Transportation and Logistics: By sending location data, sensor readings, and telemetry information over cellular networks, industrial cellular routers facilitate supply chain visibility, fleet management, and vehicle tracking in transportation and logistics operations.
Manufacturing: Machine-to-machine (M2M) communication in manufacturing facilities is supported by industrial cellular routers, which facilitate the smooth integration of robotic automation, inventory management systems, and production systems.
In summary: For enabling connectivity in remote, difficult, and mission-critical industrial environments, industrial cellular routers are essential equipment. Because of their capacity to deliver dependable, secure, and robust wireless communication, industries are able to maximize operations, maintain a competitive edge in an increasingly interconnected world, and reap the benefits of digital transformation. Organizations in a variety of industrial industries can improve efficiency, spur innovation, and close communication gaps by utilizing industrial cellular routers.
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Future of the eSIM Market: How It’s Revolutionizing the Telecom Industry
The global eSIM market was valued at USD 8.07 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. This market growth is primarily driven by the increasing adoption of Internet of Things (IoT)-connected devices, particularly in machine-to-machine (M2M) applications and consumer electronics. One of the key trends contributing to this growth is the rising frequency of eSIM profile downloads across consumer devices. As more and more devices become eSIM-enabled, the market continues to accelerate.
According to Mobilise, the number of eSIM-enabled devices reached 1.2 billion in 2021, and this number is expected to increase significantly to 3.4 billion by 2025, reflecting the growing integration of eSIM technology across a wide range of devices.
A significant factor in the expansion of the eSIM market is its adoption within the automobile industry. The integration of eSIM technology into vehicles has introduced remarkable flexibility in offering cellular connectivity to cars and trucks. This shift is unlocking new capabilities and features for connected vehicles. In the coming years, it is expected that all cars will be equipped with cellular connectivity, improving the driving experience through innovative linked services. Recently, the automotive industry has made a significant advancement by implementing the GSMA-embedded SIM specification. This development is set to enhance vehicle connectivity and improve the security of various connected services, further enabling the next generation of connected and smarter automobiles.
Gather more insights about the market drivers, restrains and growth of the eSIM Market
Regional Insights
North America
North America led the eSIM market in 2022, accounting for the largest revenue share of 39.1%. The region is also expected to grow at the fastest compound annual growth rate (CAGR) of 8.7% during the forecast period. This growth is primarily driven by the strong presence of network providers and the rapid pace of technological advancements within the region. North America benefits from its advanced infrastructure, robust digital ecosystem, and the increasing adoption of IoT devices, all of which support the continued growth of eSIM technology.
Europe
Europe is also projected to experience significant growth over the forecast period. European companies have historically been early adopters of new technologies, and the region is home to many key market players, including Giesecke+Devrient Mobile Security GmbH, NXP Semiconductors N.V., and STMicroelectronics, among others. Additionally, Europe is witnessing a rising demand for smart connected devices and connected vehicles, particularly with the growing adoption of eSIM-enabled smartphones, smart cars, and other IoT devices. These factors position Europe to maintain a strong market presence alongside North America during the forecast period.
Asia Pacific
Asia Pacific is expected to see substantial growth as well, fueled by the increasing number of eSIM-enabled devices, particularly in the smartphone market. Major smartphone manufacturers such as Huawei and Samsung Electronics have already introduced eSIM-enabled devices, which are driving the momentum for eSIM adoption across the region. This shift is positioning eSIM as the future mainstream SIM technology for connected devices. Additionally, several original equipment manufacturers (OEMs) in countries like China and India are developing eSIM solutions, collaborating across the ecosystem to create innovative development paths. For example, in June 2021, IDEMIA, a leading eSIM manufacturer, expanded its production capacity in India, aiming to boost global eSIM production. According to Giesecke+Devrient (G&D), a German digital solutions provider, it is projected that 25-30% of smartphones will have eSIM capabilities by 2024.
Browse through Grand View Research's Communication Services Industry Research Reports.
• The global web real-time communication market size was valued at USD 8.71 billion in 2024 and is projected to grow at a CAGR of 45.7% from 2025 to 2030.
• The global near field communication market size was valued at USD 30.85 billion in 2024 and is projected to grow at a CAGR of 12.3% from 2025 to 2030.
Key Companies & Market Share Insights
Industry players in the eSIM market are actively pursuing strategies like product launches, acquisitions, and collaborations to expand their global presence and enhance market competitiveness. For example, in September 2022, BICS, a digital communications services and IoT company, partnered with Thales, a global technology provider, to streamline the integration of eSIM for the Internet of Things (IoT). This strategic collaboration aims to build an open ecosystem for eSIM technology within the IoT sector, allowing for easier integration and more efficient deployment of eSIM solutions across various industries. The collaboration is designed to enhance connectivity and operational efficiency, which could lead to more widespread adoption of eSIM technology.
As the eSIM market grows, competition is expected to intensify, with companies focused on developing advanced, cost-effective solutions. The ability of eSIM technology to simplify the process of switching between mobile network operators is expected to drive heightened competition among service providers. The growing ease with which consumers can change operators is likely to encourage more switching, leading to a more competitive landscape in the telecommunications sector.
For instance, in September 2021, Deutsche Telekom AG announced the launch of an in-car 5G and personal eSIM networking service in partnership with Bayerische Motoren Werke AG (BMW). The collaboration utilized personal eSIM technology and MobilityConnect to link the vehicle's connectivity with the customer’s mobile network on a 5G basis, enabling a more integrated and seamless experience for connected car users. This innovative solution highlights how companies are leveraging eSIM technology to enhance connectivity and create new value-added services in the automotive sector.
The following are some of the major participants in the global eSIM market
• Arm Limited
• Deutsche Telekom AG
• Giesecke+Devrient GmbH
• Thales
• Infineon Technologies AG
• KORE Wireless
• NXP Semiconductors
• Sierra Wireless
• STMicroelectronics
• Workz
Order a free sample PDF of the eSIM Market Intelligence Study, published by Grand View Research.
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What is a receive sms modem ?
A receive SMS modem is a specialized device that enables you to receive SMS messages on a computer or directly into your application. It essentially bridges the gap between a cellular network and your computer system, functioning like a cellular phone that can only receive SMS messages.
How Does it Work?
These modems typically come in two forms:
Hardware Modem: This is a physical unit that connects to your computer through a USB port, serial port, or ethernet. It houses a SIM card similar to a cellphone, allowing it to connect to a cellular network and receive SMS messages.
Software Modem: This is a program installed on your computer and functions by connecting to a cloud-based SMS gateway service. These services provide a virtual SMS modem that can receive messages.
Once connected and configured, the modem constantly monitors the cellular network for incoming SMS messages. When a message arrives, the modem translates it from cellular format into a readable text format and delivers it to your computer or application.
Applications for Receive SMS Modems
Receive SMS modems serve a variety of purposes, including:
Two-Factor Authentication (2FA): When you log in to an account that uses 2FA, a one-time passcode is sent via SMS to your phone for verification. A receive SMS modem can be used to capture this code and integrate it into your login process.
Machine-to-Machine (M2M) Communication: Devices can be programmed to send SMS alerts or data to a receive SMS modem for processing and further actions within your application.
SMS Alerts: Businesses can use receive SMS modems to capture incoming alerts from sensors, security systems, or other devices that communicate via SMS.
Data Collection: Researchers or marketing teams can leverage receive SMS modems to gather data points or responses sent via SMS for analysis.
Benefits of Receive SMS Modems
Enhanced Security: By receiving SMS verification codes directly, you can strengthen the security of your accounts and applications.
Improved Efficiency: Automate processes that rely on SMS communication, eliminating manual data entry and streamlining workflows.
Reliable Data Capture: Ensure important SMS alerts or data from devices are captured and integrated into your systems for timely action.
Cost-Effective Solution: Receive SMS modems can be a relatively inexpensive way to add SMS receiving functionality to your applications.
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Impact of IoT on the Telecommunications Industry: Unlocking Opportunities
The telecommunications industry finds itself at the forefront of a technological revolution, sparked by the rapid development of Internet of Things (IoT) technologies. With a projected 64 billion IoT devices expected to be in use by 2025, the telecom sector is poised to undergo a paradigm shift in its operations. Most of these IoT devices will rely on cellular networks to transmit vast amounts of data to the cloud, powering machine learning (ML)-based forecasting.
Telecom companies, leveraging their existing infrastructure of internet cables and mobile phone towers, are uniquely positioned to capitalize on the growth of telecom IoT solutions and the emergence of 5G technologies. The use of a telecom IoT platform is the need of the hour for communication service providers (CSPs) in order to stay ahead in today’s fast-paced and highly competitive world.
The Immense Potential of IoT in Telecom
The IoT wave presents a great opportunity for telecom companies to monetize their data and diversify into industries beyond network connectivity. However, becoming IoT leaders in isolation is a daunting task for CSPs. To unlock the full potential of IoT, telecom companies must collaborate with other enterprises within the IoT ecosystem. This collaboration enables them to develop an extensive range of services, capitalizing on their unique assets such as intelligent networks, data analytics, telecom IoT solutions, billing systems, CRM, and cloud services. These assets can be harnessed to cater to diverse industries, from manufacturing to medical.
Offering Connectivity Services with the Telecom IoT Platform
One of the primary implementation options for telecom providers is to offer connectivity services to IoT device users. While IoT device data is typically processed on the client side, telecommunication operators provide the essential IoT connectivity platform. This platform is responsible for managing devices and enhancing the quality of connecting customer infrastructure to the telecom network. Telecom companies play a crucial role in the IoT ecosystem by ensuring seamless connectivity.
Data Analytics using IoT and M2M Solutions
IoT initiatives yield vast amounts of valuable data for the telecommunications business. Telecom operators can create data pools from this data and employ analytics to extract actionable insights and generate essential business ideas. Leveraging IoT-generated data along with artificial intelligence and machine learning algorithms allows telecom providers to track user behavior. This capability enables diagnostics and the development of forecasting models to predict trends, providing valuable insights into the industry's future.
Location Services
Mobile networks and IoT sensors are instrumental in advancing location capabilities, a critical feature for smart cities and other applications. Proximity sensors facilitate seamless information sharing between IoT applications within the telecom sector. These sensors can also integrate into public transport infrastructure to offer users optimized routes, locate nearby stops, and provide real-time transport information. Furthermore, devices with built-in proximity sensors have the capacity to track people's movements and help them find each other in crowded places.
Enhancing Security
Security is paramount, especially at remote sites where expensive and critical equipment is exposed to theft risks. Telecom companies must implement robust protection systems to safeguard their assets. In this regard, IoT-based smart cameras emerge as a potent solution for physical security. These cameras can monitor potential security breaches and automatically send alerts, enhancing physical safety. Leveraging IoT capabilities in telecom bolsters security measures by restricting access to third parties and preemptively countering potential threats.
IoT and M2M for CSPs
For CSPs, IoT and M2M solutions represent a gateway to diversification and revenue growth. By offering robust IoT and M2M services, CSPs can connect countless devices, enabling data-driven insights and automation across diverse industry verticals. An IoT and M2M connectivity management platform empowers CSPs to expand their portfolios, cater to diverse sectors, and establish themselves as indispensable players in the evolving landscape of connectivity and digital transformation.
Striking the Perfect Balance Is Vital
An IoT and M2M connectivity management platform offers a plethora of revenue streams that can significantly enhance telecom companies' business performance. However, this double edged sword requires meticulous handling. CSPs must identify the most promising IoT avenues and develop a comprehensive strategy to seize these opportunities. Failing to do so could leave them vulnerable to competition.
The telecommunications industry stands at the stamina of transformation, driven by the advancements of telecom IoT solutions. Infinity, telecom IoT platform promises immense opportunities for revenue generation and diversification, telecom companies must navigate this landscape with precision. Collaborations within the IoT ecosystem, IoT connectivity services, data analytics, location services, and enhanced security measures represent key avenues for telecom providers to capitalize on this wave of innovation. By doing so, they can not only evolve their businesses but also cement their place as pioneers in the IoT revolution.
Are you interested in learning more about Infinity, telecom IoT solution? Visit https://www.6dtechnologies.com/products-solutions/internet-of-things
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