Research Methodology – eSIM Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the eSIM Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the eSIM Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share:
- Number of eSIM-enabled devices sold.
- Rate of adoption of eSIM technology across different industries.
- Geographical penetration of eSIM globally.
- Growth rate of smartphone market.
- Market saturation rates of traditional SIM cards.
- Impact of government regulation and policies in telecom sector influencing eSIM technology.
- The rise of IoT/Connected Devices, their adoption rate and eSIM compatibility.
- The competitive landscape including the strategies and activities of major players in the industry.
2 Key Market Indicators:
- Gross Domestic Product (GDP) figures of key countries/regions.
- Rate of technology adaptation.
- Telecom industry growth rate and market shares.
- Demand and supply figures of eSIM enabled devices.
- Research & Development Activities and Innovations.
- Market trends in the Mobile Network Operator (MNO) industry.
- Consumer preferences towards eSIM vs traditional SIM.
3 Growth Trends:
- Increase in remote SIM provisioning and over the air updates.
- Adoption of 5G and IoT technology encouraging eSIM adoption.
- Increase in development and launch of eSIM compatible devices.
- Evolution in connectivity technologies.
- Trends of digitalization and smart technologies.
- Growth in the demand for seamless global connectivity.
- Increasing demand for machine to machine connections.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the eSIM Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the eSIM Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights