Saudi Arabia Esim Market Size & Outlook, 2023-2030
Saudi Arabia esim market, 2018-2030 (US$M)
Related Markets
Saudi Arabia esim market highlights
- The Saudi Arabia esim market generated a revenue of USD 101.9 million in 2023 and is expected to reach USD 129.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, connectivity services was the largest revenue generating solution type in 2023.
- Hardware is the most lucrative solution type segment registering the fastest growth during the forecast period.
Esim market data book summary
| Market revenue in 2023 | USD 101.9 million |
| Market revenue in 2030 | USD 129.4 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Connectivity services |
| Fastest growing segment | Hardware |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Connectivity Services |
| Key market players worldwide | ARM Holdings PLC ADR, Deutsche Telekom AG, Thales, Infineon Technologies AG, Kore Group Holdings Inc, NXP Semiconductors NV, Sierra Wireless, STMicroelectronics NV, Workz, Giesecke+Devrient |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global esim market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE esim market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 86.0 million by 2030.
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ESIM Market Scope
ESIM Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia esim market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to esim market will help companies and investors design strategic landscapes.
Connectivity services was the largest segment with a revenue share of 87.83% in 2023. Horizon Databook has segmented the Saudi Arabia esim market based on hardware, connectivity services covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia ESIM Solution Type Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Connectivity Services
- Saudi Arabia ESIM Application Outlook (Revenue, USD Million, 2018-2030)
- Consumer Electronics
- Smartphones
- Tablets
- Smartwatches
- Laptop
- Others
- M2M
- Automotive
- Connected Cars
- Shared Mobility
- Smart Meter
- Logistics
- Others
- Automotive
- Consumer Electronics
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Target buyers of Saudi Arabia esim market databook
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Our clientele includes a mix of esim market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia esim market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia esim market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia esim market size, by solution type, 2018-2030 (US$M)
Saudi Arabia ESIM Market Outlook Share, 2023 & 2030 (US$M)
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