Asia Pacific eSim Market to Grow at Double-Digit CAGR During Forecast Period
Growing traction of machine to machine and Internet of Things communication to drive esim market in Asia Pacific through 2024 According to TechSci Research report, “ Asia Pacific esim Market By Form Factor, By Application, By Country, Competition, Forecast & Opportunities, 2024 ” , Asia Pacific esim market is expected to grow at a double-digit CAGR during 2019-2024, on account of emerging technologies such as Internet of Things. Esim is an electronic sim card that can change the operator based on the needs, so as to offer improved user experience. Growing awareness pertaining to wearable devices and surge in mobile computing are pushing the market. However, lack of regulations and concerns related to the security may impede market growth during forecast period. Esim market can be segmented based on form factor and application. On the basis of application, the market can be segmented into connected cars, wearables, smartphones & tablets, laptops and M2M. Owing to the...