According to The Insight Partners' research, the Europe eSIM market was valued at US$ 1,549.90 million in 2024 and is expected to reach US$ 4,681.79 million by 2031, registering a CAGR of 17.4% from 2025 to 2031. Increasing integration of eSIM in the automotive industry and tick surge in travellers' eSIM are among the critical factors attributed to the Europe eSIM market expansion.
eSIM technology is rapidly gaining traction within the automotive sector, offering significant advantages over traditional SIM cards. Unlike removable SIMs, eSIMs are embedded directly into vehicles, enabling remote provisioning and centralized connectivity management. This capability allows for continuous vehicle connectivity, supporting real-time traffic updates, navigation to nearby amenities, remote diagnostics, over-the-air (OTA) software updates, and access to emergency services, among others. For global automotive OEMs, automotive-grade eSIMs streamline manufacturing and supply chain processes. A standardized eSIM design can be integrated across all vehicle models, with network profiles provisioned remotely post-production. This eliminates the need for region-specific SIM variants and reduces logistical complexities, enhancing operational efficiency.
eSIMs provide robust benefits from a safety and security perspective. These are embedded during manufacturing and serve as a secure identifier and encrypt communication during vehicle operation, ensuring data integrity and privacy. The integration of eSIMs as a "root of trust" enhances the reliability of connectivity-based services. Furthermore, key players are driving innovation in eSIMs. For instance, in February 2025, Thales, an established leader in advanced digital security, and Cubic, a key player in software-defined vehicle (SDV) platforms, announced a strategic collaboration. This partnership aims to strengthen Cubic's eSIM capabilities by leveraging Thales's eSIM management platform, fully aligned with the latest GSMA standards. The collaboration will enable seamless, scalable connectivity across multiple industries, including automotive, transportation, and agriculture. As the automotive industry embraces software-defined architectures and connected mobility, eSIM technology is emerging as a foundational element, powering secure, flexible, and globally consistent connectivity solutions.
On the contrary, regulatory challenges hamper the growth of Europe eSIM market.
Based on component, the Europe eSIM market is bifurcated into hardware and software & services. The hardware segment held 76.6% share of the Europe eSIM market in 2024, amassing US$ 1,187.60 million. It is projected to garner US$ 3,660.06 million by 2031 to expand at 17.8% CAGR during 2025-2031.
By type, the Europe eSIM market is segmented into consumer eSIMs, IoT eSIMs, and Travel eSIMs. The consumer eSIMs segment held 67.7% share of the Europe eSIM market in 2024, amassing US$ 1,049.74 million. It is projected to garner US$ 3,004.40 million by 2031 to expand at 16.5% CAGR during 2025-2031. The consumer eSIMs segment is further sub segmented into smartphones, connected cars, wearables, laptops and tablets, and others.
By country, the Europe eSIM market is categorized into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany held 28.7% share of Europe eSIM market in 2024, amassing US$ 444.26 million. It is projected to garner US$ 1,406.20 million by 2031 to expand at 18.2% CAGR during 2025-2031.
Key players operating in the eSIM market are GELITA AG; Nitta Gelatin Inc; ITALGEL S.r.l.; Trobas Gelatine B.V; Jellice Pioneer Europe B.V; Halavet Food Industry and Trade Inc.; Foodmate Co Ltd; Henan E-King Gelatin Co., Ltd; BDF Natural Ingredients SL; Weishardt Holding SA; Darling Ingredients Inc; Lapi Gelatine SpA; Ewald-Gelatine GmbH; Nippi Inc; and Tessenderlo Group NV, among others.
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