ESIM MARKET ANALYSIS

Market News

Recent Developments:

• Key companies are focused on partnership, in order to expand their product portfolio in the market. For instance, in September 2022, Workz Group, an eSIM & SIM solutions provider, has partnered with Monogoto, a connectivity-as-a-service cloud provider, to establish a cloud platform for consumer and Machine to machine (M2M) eSIM devices.
• Key companies are focused on collaboration, in order to expand their product portfolio in the market. For instance, in October 2021, NXP Semiconductors, a designer and manufacturer of semiconductor, has join forces with Qualcomm Technologies, Inc., a manufacturer of semiconductors and wireless telecommunication products. Through this collaboration both the organizations expanded their NXP Semiconductors eSIM solutions to Qualcomm Technologies wearable devices by integrating them together.