Fermented Foods Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Fermented foods are derived by an anaerobic process which involves the application of natural bacteria that feeds on starch and sugar present in the food to produce lactic acid. Production of lactic acid helps in preserving the food thereby extending the shelf life of the product. Fermented foods contain necessary enzymes, Omega 3 fatty acids, probiotics and vitamin B thereby enriching the food quality and making it healthy for consumption. Fermented foods include dairy products, vegetables, health drinks, desserts, confectionery and others. Fermented foods market has gained a niche of its own by providing unique flavors and taste to the Western palette. Fermented Foods marketbrings in a large diversity of new foods and flavors thereby impacting the food preferences of the consumers. Global fermented foods market is expected to grow significantly during the forecast period, driven majorly by the product innovation, taste and flavor enrichments, and growing consumer awareness about healthy diets.

Fermented Foods Market: Market Dynamics

Global fermented foods market is primarily driven by the consumer’s rising health consciousness, change in dietary patterns to curb down physical ailments. Consumption of fermented foods and beverages helps in improving the digestive system by maintaining a proper balance of bacteria in the digestive system, helps in improving immunity system and bowel metabolism. Owing to these health benefits, global fermented foods market is set to witness an increasing demand. The fermentation process is widely used for household as well as restaurant level recipes as fermented foods offer quality taste, nutrition and flavor to consumers’ palette. Fermented foods can be preserved for a long period of time, along with retaining its nutrient value and taste which further boosts up the global fermented foods market. Addition of healthy foods in consumer’s diet can get expensive, but with inclusion of fermented foods in diets are budget friendly preparation. Owing to the multiple benefits such as high nutrition content, rich taste and flavor, ability to retain its quality for a long time and cost-effective diet inclusion, global fermented foods market is expected to witness an escalating demand over the forecast period.

However, fermented foods produce certain by-products which breakdown the food such as alcohol content in soya sauce that is expected to affect the body cells. Ammonia is another harmful by product found in fermented soy which is as harmful as a household cleaning agent. Release of by-products can be a major restraint for the global fermented foods market growth.

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Fermented Foods Market: Segmentation

Global fermented foods market can be segmented on the basis of food products which include:

• Dairy Products
  • Yogurt
  • Cheese
  • Kefir Milk
• Vegetables
  •  Olives
  • Cucumbers( in form of pickles)
  • Cabbage
• Confectionery
  • Chocolates
  • Candies
  • Others
• Bakery
  • Bread
  • Cakes
  • Others
• Beverages
  • Wine
  • Beer
  • Soda
  • Herbal Tea
  • Juice
  • Others

Global fermented foods market can be segmented on the basis of types of fermented process which include:

• Batch Fermentation
• Continuous Fermentation
• Aerobic Fermentation
• Anaerobic Fermentation

Fermented Foods Market: Regional Segmentation

Geographical coverage for global fermented foods market includes North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America followed by Europe account for a significant share in the global fermented foods market owing to the growing number of health-conscious consumers. APEJ fermented foods market is expected to grow during the forecast period due to the increasing awareness of health conscious consumers who demand for both tasty and nutritious food.

Fermented Foods Market: Key Players

Few key player operating in the global fermented foods market include CSK Food Enrichment, Cargill Incorporated, DSM, ConAgra Foods Inc., TetraPak and others.

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Fog Computing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Fog computing, also known as fog networking, is a decentralized computing infrastructure that is likely to emerge as next generation cloud computing. In fog computing, computing and storage of data are distributed in the most logical and efficient manner between the data source and the cloud. This is because the Internet of Things (IoT), a technology closely associated with cloud, is creating enormous volumes of data, but by the time it finds its way to the cloud for analysis, it is often late to act upon it. Fog computing helps to do away with this drawback by analyzing the most time sensitive data at the network edge, close to its generation source, instead of sending large volumes of data to the cloud for historical analysis and storage.

The two main components in the fog computing market are hardware, comprised of servers, routers, switches, gateways, and controller, and software comprised of customized application software and fog computing platform. Of the two, the software segment generates maximum revenue because of the low capital requirement. Fog computing is finding application in building and home automation, smart energy, connected health, smart manufacturing, transportation and logistics, security and emergencies systems among others.

Geographically, North America currently leads the global fog computing market and going forward too, is slated to maintain its leading position on the back of substantial investments made in the region to develop this technology. High penetration rate of the fog computing technology is primarily responsible for the growth in market of North America.

Some of the prominent participants in the global market for fog computing are Microsoft Corporation, Cisco Systems, Inc., Dell Inc., ARM Holding Pl., Fujitsu, Intel Corporation, and Schneider Electric Software, LLC, etc.

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Fog computing is a computing technology which decentralizes application and computing resources in the most efficient and effective point. Fog computing technology is also known as fog networking. Fog computing enhances efficiency and helps in reducing the size of the data which would be uploaded to the cloud for the purpose of analysis, data processing and storage. Fog computing also helps in enhancing compliance and security for the end users. In fog computing atmosphere, most of the data processing is done over smart mobile devices and data hubs. Moreover, other devices like gateway and smart router are also used in fog computing. Due to this distributed approach fog computing is gaining popularity. The demand for fog computing is driven by the requirement for managing enormous amount of data which is generated by the sensors. Further fog computing enable portability, the fog enables the cloud to be more conveniently positioned to act and produce on Internet of things (IoT) data.

There are devices which are called fog nodules which could be installed at any position where there is availability of network connection. These fog nodules could be installed anywhere from factory floor, on top of power poles, in vehicles, beside railway tracks and oil rigs among others. A fog node could be any device which has storage, computing and network connectivity. Some of the factors which is driving the fog computing includes limitation of bandwidth for IoT infrastructure, enhancement of real-time operations and requirement of analytics at the edge of networks. Non existence of standard government standard for fog computing and lack of availability of technological skills in fog computing are factors which are restraining the fog computing market growth. Moreover, there is a lot of growth opportunity in system integrators platform providers’ communication technology. This is expected to drive the market over the near future. Other factors like growth opportunity in cloud service provider are another opportunity for the growth of fog computing market.

The Fog computing market is segmented by components and by application. The market by components has been further segmented into hardware and software. The hardware segment is further segmented into servers, switches, routers, gateways and controller. Software has been further segmented into customized application software and fog computing platform. The fog computing market by application is segmented into smart energy, building & home automation, smart manufacturing, connected health, transportation & logistics, security and emergencies systems among others. The software segment in the fog computing market segmented by component is expected to account for the largest revenue share. A lot of programs are operated on virtual machines with singular host hardware. It is easy to enter the software market for fog computing due to multiple factors low capital requirement and availability of intellectual capital. Smart manufacturing applications in the fog computing market segmented by application are expected to grow at the fastest rate. High demand for process automation across a wide range of industry is expected to drive the smart manufacturing application segment in the fog computing market.

The fog computing market by region has been broadly segmented into North America, Asia Pacific, Rest of the World (RoW) and Europe. North America led the global fog computing market in 2015 and is expected to dominate the market over the next few years. A lot of investment is made in the region to develop this technology. High penetration rate of the fog computing technology is driving the market in North America.

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Connected Living Room Market: Raising Awareness among Consumers Key to Market Growth

The nascent but rapidly expanding global market for connected living room is highly competitive owing to the presence of large multinational electronics manufacturers such as Samsung Electronics Co. Ltd., Seimens AG, Eaton Corporation, Rockwell Automation Inc., Schneider Electric SE, and General Electric. The market also features several network providers, which are making strides to position themselves as the de facto service providers in the connected living room space, and core M2M vendors. There are no clear leaders as the market is highly dynamic in terms of technological advancements and launch of new products.

In the next few years, the market will become more competitive as technology giants will foray into this budding industry with the help of their applications, products, and services, says Transparency Market Research in a recent report examining the global connected living room market. This niche segment of the all-encompassing Internet of Things (IoT) phenomenon is expected to expand at a promising 7.3% CAGR over the period between 2016 and 2024. The market, as a result, is expected to rise from US$518.92 bn in 2015 to US$984.51 bn by 2024.

 

Of the key components used in connected living rooms, the segments of sensors and communication devices held significant share in the market and are expected to retain dominance over the forecast period as well. In terms of revenue, the regional market in North America dominated, accounting for over 36% of the global connected living room market in 2015. The region was followed by Europe.

Rising Influx of Advanced Products at Competitive Prices to Fuel Global Demand

The global market for connected living rooms is chiefly driven by factors such as the vast rise in digitization of a vast set of processes and operations undertaken in everyday lives, rising influx of latest home infotainment devices with better resolution and competitive pricing, and advancements in the technology needed to enable connectivity between several varieties of electronic devices.

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Increased affordability of the relatively higher priced devices equipped with M2M connectivity and improved standards of living, especially across developing economies. Attempts by government bodies to encourage the proliferation of digital technologies and applications as a way to improve governance of a nation and societal well-being are also making consumers more open to adopting smart devices for everyday purposes. These factors are expected to collectively drive the market for connected living rooms over the forecast period.

Compatibility Issues and Lack of Awareness among Consumers to Limit Uptake

Although the overall growth prospects of the global connected living room market are favorable, factors such as lack of awareness among consumers about the energy efficiency-related benefits of connected rooms and compatibility issues of components could pose challenges to market’s growth. Connected living rooms typically utilize a variety of digital and electronic components such as lighting controls, security systems, and entertainment devices, which make use of different types of communication links.

Incompatibility of some communication links with advanced devices in a connected living room could lead to complications. Such compatibility issues may lead to the need for replacing older devices with advanced versions, leading to overhead costs thus refraining cost-sensitive consumers from investing in connected living rooms to a certain extent. Lack of awareness among consumers is another key factor expected to hamper the widespread usage of connected systems such as lighting control products. Lighting control products are not yet mainstream in many developing countries and misconception of high installation costs is posing further challenges to prospects of adoption among consumers.

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Telecom API Platform Market – Key Players, Growth, Analysis, 2017 – 2022

The global telecom application programming interface (API) platform market features an intensely competitive landscape with the presence of a vast number of players, notes Transparency Market Research (TMR). Owing to a steady expansion of telecommunication application ecosystem spanning numerous industries, the market is witnessing a constant influx of players that help in sustaining the high level of competition. Some of the leading companies in the telecom API platform market are Tropo, Inc., Alcatel-Lucent, Aepona Ltd., Twilio Inc., LocationSmart, Apigee Corp., and Comverse Technology, Inc.

The leading players in the market are capitalizing on surging opportunities in the machine-to-machine (M2M) devices market, observes TMR. Several telecom operators are increasingly entering into partnerships with various API management service providers, such as Apigee Corp. and Alcatel Lucent, in a move to consolidate their shares in various regions. Several telecom API platform developers are adopting long-tail strategy of targeting ambitious developers, including enterprise developers, in order to emerge as a prominent player globally. A number of players operating in the API platform market for telecommunication opt for strategic acquisitions in order to occupy a sustained shsare.

 

The global telecom API platform market is projected to rise at a CAGR of 23.6% during 2014 – 2022. The market stood at US$73.49 bn in 2015 and is projected to reach US$323.44 bn by the end of the forecast period.

Regionally, North America is the leading market for telecom API platforms with the major chunk of opportunities coming from countries such as the U.S. and Canada, primarily attributed to the substantial adoption of M2M communication technologies for mobile applications. Based on end-use application segment, long-tail developers (independent developers) is expected to rise at the leading CAGR of 25.9% from 2015 to 2020. The growth is primarily driven by the substantial demand for new mobile applications among technology companies.

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Proliferation of Cloud-Based Mobile Applications to Bolster Uptake

The rising adoption of browser-based internet services in various regions and the proliferation of cloud-based applications are the key factors driving the global telecom API platform market. The intensifying demand for a robust digital ecosystem in several industries is a key trend bolstering the demand for API platforms in the telecom sector. The soaring popularity of 4G LTE networks in developing and developed markets is a key factor expected to boost the market. In addition, the rising demand for integrating app from disparate operators to build industry-wide robust apps for augmenting network capabilities is a key trend expected to boost the telecom API platform market in the coming years. The growing popularity of mobile cloud applications is fueled by the growing demand for voice API services, which is expected to bolster the uptake in the coming years.

The rising inclination of some prominent technology companies to open their platforms for long-tail developers is expected to catalyze the market over the forecast period. The rising prominence of enterprise developers in the development of telecom API platforms is stimulated by the accelerated demand for customized applications in mobile devices. In addition, the growing popularity of A2P (application-to-person) SMS messaging is further anticipated to accentuate the demand.

Reluctance of Telecom Providers to Engage External API Developers Hampers Growth

The reluctance of a marked number of telecom providers to shy away from engaging external app developers as these companies develop platforms that offer little scope to these developers in innovation. This has made a dent in their earning in the highly competitive telecom sector, as a result of which their focus on developing API platforms has taken a backseat. Nevertheless, in an effort to explore new revenue streams, they are realizing the importance of faster time-to-innovation for new telecom applications and services. This is expected to open lucrative growth avenues for players in telecom API platform market.

The growing prominence of API integration service providers is predicted to unlock exciting opportunities in various regions. In addition, the rising demand for M2M connectivity in smartphones, especially in developed countries, is expected to open up lucrative avenues for market players.

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Electronic Scrap Recycling Market – Key Players, Growth, Analysis, 2017 – 2022

According to a new market report published by Transparency Market Research “Electronic Scrap Recycling Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022”, the global electronic scrap recycling market was worth US$ 11.03 Bn in 2014 and is expected to reach US$ 34.32 Bn by 2022, growing at a CAGR of 15.7% from 2015 to 2022. Europe was the largest market for electronic scrap recycling in 2014. Growth in this region is expected to be driven by stringent government regulations and huge profits generated through the recovery of precious metals from electronic scrap.

 

Owing to the wide availability of electronic scrap and the rising global volume of scrap electronic products, a trend of focus on increasing electronic scrap recycling capacity by smelting and refining companies has been observed in various regions worldwide. The importance of electronic scrap is on the rise in response to changes in consumer patterns and advancements in the technology of electronic devices. This has resulted in the generation of huge quantities of e-waste that need to be managed and processed. The traditional means of handling of this e-waste, including disposal in landfills, exporting overseas, and combustion in incinerators are prohibited due to legislation designed to prevent environmental pollution. Moreover, the presence of ferrous, non-ferrous, and precious metals makes electronic scrap recycling economically attractive. For all these reasons, smelting and refining companies such as Boliden Group and Umicore N.V., Mitsubishi Materials USA Corporation lay emphasis on increasing electronic scrap processing capacity. To this end, in June 2015 Mitsubishi Materials Corporation expanded the Naoshima Smelter and Refinery’s electronic scrap receiving and processing capacity to about 110,000 tons per year (an annual increase of 30,000 tons over current capacity). Likewise in June 2012, Boliden Group increased the electronic scrap recycling capacity from 45,000 to 120,000 tons per year at its Rönnskär smelting facility.

With advancements in technology, the demand for electronic and electrical equipment has risen dramatically. Persistent innovations on electronic and electrical technologies have further shortened the use-life of electronic and electrical products. This has enhanced the generation of e-waste or waste from electronic and electrical equipment. E-waste primarily comprises laptops, computers, mobile phones, television sets, and other electrical or electronic household appliances.

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According to the UN Environment Programme (UNEP), around 20 million to 50 million tons of e-waste are generated every year globally and volumes are increasing three-folds faster than other forms of municipal wastes. This is primarily fuelled by expanding markets and rapid product innovations such as the switch from analog to digital technologies. The global production of e-waste is increasing rapidly and is expected to pick up pace in coming years. E-waste is considered to be hazardous; therefore it should be managed and processed carefully. Additionally, the presence of various precious metals such as gold, silver, palladium, tantalum, and gallium makes e-waste attractive for recycling. Thus, most companies in the field are either entering into the electronic recycling business or expanding the recycling capacity at their smelting and refining facilities. For instance in June 2012, Boliden Group started a new electronic recycling facility at the Rönnskär copper smelter. The company has increased the smelter’s capacity from 45,000 tons to 120,000 tons per year. The recycling of e-waste for the recovery of various metals is important from the standpoint of saving energy. Moreover, the recycling of e-waste would also help in reducing the burden on mining ores for primary metals. For instance, electronic recycling helps in metals that require significant energy consumption for extraction and are seen in low concentrations in primary ores. More precisely, e-waste is a richer source of precious metals than their primary ores. The amount of gold recovered from one ton of e-waste from circuit boards of the computers is greater than that recovered from around 17 tons of gold ores. The recovery of base metals such as copper, lead, and zinc and precious metals such as gold, silver and palladium plays an important role in recycling, e-waste management, sustainability, and resource conservation. Sustainable resource management demands the segregation of hazardous resources from e-waste and the maximum recovery of precious metals. Thus, the recycling of e-waste helps reduce pollution, conserve energy, lower greenhouse gas emissions, and conserve resources by extracting fewer raw materials from the earth’s crust. Due to all these advantages, the demand for electronic scrap recycling market is expected to soar significantly during the forecast period.

On the basis of metals extracted, the global electronic scrap recycling market is segmented into ferrous, non-ferrous and precious metals. In terms of volume, in 2014, ferrous metals were the major contributor in the market and accounted for around 40% of the overall electronic scrap recycling market. However, precious metals segment is expected to expand at a CAGR of 11.2% from 2015 to 2022.

In terms of electronic scrap generation, the market is segmented into office, IT equipment, and handheld devices, large white goods, small household appliances, lighting and electric product and automotive components. In 2014, large white goods segment accounted for the largest volume share of around 50% of the overall electronic scrap generated, globally. However, small home appliances segment is expected to grow at fastest rate in terms of volume in the electronic scrap generation market during the forecast period from 2015 to 2022.

Geographically, Europe is the largest market for electronic scrap recycling globally and it is expected to maintain its dominant position throughout the forecast period. In 2014, Europe accounted for around 29% of the overall electronic scrap recycling market. However, Asia Pacific is expected to witness fastest growth during the forecast period. Asia Pacific, especially in terms of countries such as China, Japan, South Korea, India, Australia, and Singapore, offers several growth opportunities for the electronic scrap recycling market. China, South Korea, and Japan are the key markets in this region. Advancements in technology and rapid industrialization have led to the accretion of electrical and electronic waste in Asia Pacific, leading governments to pass certain regulations pertaining to electronic waste recycling. In addition to government policy impetus, increasing awareness of the hazardous effects on health and the environment, as well as the potential value of resources within e-waste also fueled the electronic scrap recycling market in this region

The global electronic scrap recycling market, in current situation shows the presence of key players including Boliden Group, Umicore N.V., Dowa Holdings Co., Ltd., Ultromex Ltd., LS-Nikko Copper Inc., Glencore Xstrata Plc, Enviro-Hub Holdings Ltd., Outotec Oyj, Mitsui & Co., Ltd., Mitsubishi Materials USA Corporation, MRP Company, Inc., Aurubis AG, and JX Nippon Mining and Metal Corporation, Electronic Recyclers International, Inc., Sims Metal Management Ltd., Stena Technoworld AB, Tetronics Ltd., and Global Electric Electronic Processing Inc.

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Parking Reservation System Market – Industry Shares, Market Strategies And Key Players

Growing economy in many developing countries have fostered high disposable income among population which has given rise to increase in number of vehicle purchase. This has led to sharp increase in the number of vehicles on road in recent years. Passenger and goods carrier vehicles contribute to the most of the numbers of vehicles compared to as compared other types. Increase in number of vehicles have given rise to huge traffic congestion thereby leading to serious parking issues in many countries.

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Most of these problems are associated with urban areas where parking problems arise due to space constraint. Vehicle drivers waste substantial amount of their time finding proper parking space thereby creating traffic congestion for other vehicles. Lack of proper on-street parking lots and slow development of new parking complexes is expected to further increase the traffic congestion in coming years.

Further, the current absence of parking slots in residential and commercial complexes creates serious concerns for employers and residential societies. Thus, the need for parking reservation or convenience parking is increasing owing to the time wasted in finding a proper parking slot. Parking complex providers are also facing problems in maintaining daily records related to parked vehicles thereby leading to inability to ensure round the clock security. Thus, the demand for parking reservation system is expected to witness trong growth owing to the above factors in coming years.

Parking reservation system provides information of parking availability for both drivers and parking complexes providers in a certain area through continuous monitoring. Parking reservation system comprises software and equipment such as parking meters, cameras, sensors and automatic gates which help maintaining the smooth flow of traffic. Additionally, parking reservation system also enhances the aspect of security in parking lots.

Parking Reservation System Market: Segmentation

Parking reservation system can be classified as on-street and off-street parking system. Off-street parking system consists a single point of interaction between parking areas and access points. Thus, the application of off-road parking system is expected to see more adoption among parking complex and garage providers in coming years. On-street parking system provides information of parking slot on real-time basis through web, mobile and voice based solution. Thus, the demand for on-street parking system is expected to increase owing to the increase in rise in smart cities projects across various region.

Parking Reservation System Market: Region-wise Outlook

Further, the demand for parking reservation system is expected to increase in transportation sector due to the traffic congestion caused in truck terminals. Developed countries such as the U.S. and Germany are investing heavily in implementing parking reservation system for trucks. The market can also be segmented on the basis of end-use sector such as retail, government, hospitality, transportation and logistics, airports and commercial and corporate parks. The market for parking reservation system is expected to get a boost with the adoption of smart parking system in developed countries. India and China is expected to be a potential market for parking reservation system market in coming years. However, a slower adoption rate of parking reservation system in developing countries is expected to pose a challenge for this market in coming years.

Parking Reservation System Market: Key Players

Some of the key parking reservation system providers in the market are VINCI Park S.A., Streetline, Inc., National Car Parks Ltd., APCOA Parking AG, Ace Parking Management, Inc., ParkMe, Inc., Siemens AG, 3M Company and Xerox Corporation.

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E-SIM Card Market – Explores New Growth Opportunities By 2025

The global market for E-SIM card is envisioned to witness the entry of several new players, thereby intensifying the level of competition in the near future, observes a recent report by Transparency Market Research. Some of the leading companies in the market are Telefonica S.A., Gemalto N.V., Apple Inc., Samsung, NTT DOCOMO Inc., Sierra Wireless Inc., ST Microelectronics, Giesecke & Devrient GmbH, Deutsche Telekom AG, and OT-Morpho.

The report states that the global E-SIM card market will exhibit an impressive CAGR of 13.5%, rising from a valuation of US$4,095.6 mn in 2016 to an opportunity of US$14,613.1 mn by 2025.

Europe Market Accounts for Dominant Share in Global Market

In terms of application, the segment of machine to machine led the global E-SIM market in terms of revenue contribution to the global market in 2016. While the segment is expected to retain its dominance over the forecast period as well, the segment of smartphones is projected to gather pace and account for a significant share of the overall market post 2019. The smartphone application segment is envisaged to exhibit a robust 26.3% CAGR from 2019 to 2025.

From a geographical standpoint, the E-SIM market in Europe accounted for the dominant share in the global market in 2016, with the North America market following, in terms of revenue contribution. The leading position of Europe in the global E-SIM market can be attributed to favorable government policies that have led to the swift uptake of automation and data exchange in manufacturing technologies.

Ease of Switching Mobile Network Operators in Real Time to Fuel Demand

A number of factors are contributing to the growth of the global E-SIM market, including the ability of E-SIMs to switch between network providers in real time Over the Air (OTA). This facility allows users to change their network providers at ease, thereby preventing consumers from incurring international roaming charges. This facility comes in handy especially when used in connected cars and smart meters where it helps reduce significant operational and logistics costs.

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Other factors fueling the growth of the global E-SIM market include the standardized set of technical specifications for the E-SIM technology, which offers better security than conventional SIM cards. The technology has been standardized by Groupe Speciale Mobile Association and covers over 800 mobile operators across the globe. Moreover, the compact design of E-SIM proves beneficial for OEMs who can use the saved space to provide additional storage or increase the size of the battery in devices such as tablets and smartphones.

Automotive Industry to Provide Vast Growth Opportunities

The rising adoption of E-SIM in the automotive sector and in consumer electronics devices is one of the key growth opportunities in the global E-SIM market presently. The applications of E-SIMs in advanced vehicles are already vast and could grow with time. As a result, the automotive sector is expected to emerge as one of the most promising areas of application areas of E-SIM in the next few years, providing vendors in the market massive growth opportunities.

However, one of the key challenges faced by the market is the plausible resistance shown by MNOs towards the adoption of E-SIM as it eliminates the need for the consumer to visit the physical stores of network providers. This has the capacity of enhancing consumer’s bargaining power in a way, adds one of the authors of the study.

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