Electronic Universal Circuit Card (EUICC) Market Size, Share, Opportunities, And Trends By Industry Vertical (Consumer, Electronics, Automotive, Energy & Utilities, Others), And By Geography - Forecasts From 2025 To 2030

Electronic Universal Circuit Card Market Size:

The Electronic Universal Circuit Card (EUICC) Market is expected to grow from US$1.420 billion in 2025 to US$3.028 billion in 2030, at a CAGR of 16.36%.

Electronic Universal Circuit Card Market Trends:

An electronic Universal Circuit Card or EUICC is a software component of eSIM cards that allows the users to host multiple network connectivity profiles which can be provisioned over the air. The software component is the next evolution to the physical SIM cards and unlike the former, EUICC has the capacity to remotely provision the user’s profile without having the card physically replaced from the device. The growing technological innovations and Internet of Things applications have provided a wider scope to the electronic universal circuit card, as their usage in consumer electronics, automotive, utilities & energy among other applications and equipment demanding modern technological usage will also increase. Over the years smartphone consumption has shown a significant increase in major countries. For instance, according to China’s Ministry of Industry and Technology, in Q4 of 2021, China’s smartphone consumption increased by 1% in comparison to 2020 for the corresponding period. With such an increase in smartphone consumption, the demand for EUICC cards in smartphones has a wider scope

Based on industry vertical, the EUICC market is divided into consumer electronics, automotive, energy & utilities, and others. The rapid penetration of consumer electronics products on a global scale is considered to be the key contributor to this growth. Further, key developments by various market players are expected to drive the growth of the market ahead. The consumer electronics sector has been witnessing robust growth across the world. For instance, the production of electronics in India is expected to increase rapidly, due to government initiatives like Make in India and the National Policy of Electronics, as well as the government's moves to lower import dependence and boost exports and manufacturing, which is expected to drive the consumer electronics industry. 

 

Electronic Universal Circuit Card Market Growth Drivers:

• Bolstering growth in automotive sector is driving the market growth of EUICC.

Electronic universal circuit card (EUICC) is finding its way into automotive as the card due to its high unique software architecture established high-level connectivity between automotive and cellular devices and further provides advanced features such as vehicle & mobile management, eCall, autonomous parking assistance, traffic & hazard alerts and would also provide data related to fuel consumption. The growing economies and technological adoption of automobiles have significantly increased the productivity of the sector and owing to rapid urbanization, the disposable income of the people has increased the scale of automotive consumption. 

Electronic Universal Circuit Card (EUICC) Market Scope:

Report Metric	Details
Electronic Universal Circuit Card Market Size in 2025	US$1.420 billion
Electronic Universal Circuit Card Market Size in 2030	US$3.028 billion
Growth Rate	CAGR of 16.36%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Industry Vertical Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Electronic Universal Circuit Card Market	Thales STMicroelectronics Verizon Oasis Smart SIM Sierra Wireless
Customization Scope	Free report customization with purchase

 

Segmentation

• By Industry Vertical
  • Consumer Electronics
  • Automotive
  • Energy & Utilities
  • Others
• By Geography
  • Americas
    • Others
  • Europe Middle East and Africa
    • United Kingdom
    • Germany
    • France
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. EUICC MARKET, BY INDUSTRY VERTICAL 

5.1. Introduction

5.2. Consumer Electronics

5.3. Automotive

5.4. Energy & Utilities

5.5. Others

 

6. EUICC MARKET,  BY GEOGRAPHY

6.1. Introduction

6.2.  Americas

6.2.1. Others

6.3. Europe Middle East and Africa

6.3.1. United Kingdom

6.3.2. Germany

6.3.3. France

6.3.4. Others

6.4. Asia Pacific

6.4.1. China

6.4.2. Japan

6.4.3. South Korea

6.4.4. Others

 

7. COMPETITIVE ENVIRONMENT AND ANALYSIS

7.1. Major Players and Strategy Analysis

7.2. Emerging Players and Market Lucrativeness

7.3. Mergers, Acquisitions, Agreements, and Collaborations

7.4. Vendor Competitiveness Matrix

 

8. COMPANY PROFILES

8.1. Thales

8.2. STMicroelectronics

8.3. Verizon

8.4. Oasis Smart SIM

8.5. Sierra Wireless

8.6. Avent Inc.

8.7. Infineon Technologies AG

Thales

STMicroelectronics

Verizon

Oasis Smart SIM

Sierra Wireless

Avent Inc.

Infineon Technologies AG