Saudi Arabia Esim Market Size & Outlook, 2023-2030
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 |
|---|---|---|---|---|
| Workz | View profile | 501-1000 | Dubai, Dubai, United Arab Emirates, Asia | http://www.workz.com/ |
| Kore Group Holdings Inc | View profile | 600 | 3 Ravinia Drive, Suite 500, Atlanta, GA, United States, 30346 | https://www.korewireless.com |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Giesecke+Devrient | View profile | 10001+ | Munich, Bayern, Germany, Europe | https://www.gi-de.com/en/ |
| Sierra Wireless | View profile | 1001-5000 | Richmond, British Columbia, Canada, North America | http://www.sierrawireless.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| ARM Holdings PLC ADR | View profile | 7096 | 110 Fulbourn Road, Cambridge, United Kingdom, CB1 9NJ | https://www.arm.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
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)
- Connectivity Services
- Hardware
- Saudi Arabia ESIM Application Outlook (Revenue, USD Million, 2018-2030)
- Consumer Electronics
- Tablets
- Smartwatches
- Laptop
- Smartphones
- Others
- M2M
- Smart Meter
- Others
- Automotive
- Connected Cars
- Shared Mobility
- Logistics
- 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.
Partial client list
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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