Client Background:
The European Central Bank (ECB), the monetary authority of the Eurozone, plays a vital role in safeguarding financial systems and ensuring secure digital transactions. With growing reliance on mobile-based financial services, the ECB required an in-depth understanding of smartphones equipped with Secure Elements (SEs) — technologies such as embedded SE (eSE), integrated SE (iSE), and embedded SIM (eSIM) — to evaluate current adoption trends and future market potential across Europe.
Challenge:
The ECB commissioned a completely customized report on the Mobile Phone Chips Market with highly specific requirements, including:
- Current market data (2023–2025): Smartphones with SEs (eSE, iSE, eSIM) broken down per brand, per year in Europe
- Breakdowns of SE adoption: Totals and numbers per SE type, as well as smartphones without SEs in Europe
- Long-term projections: Forecasts until 2030 for smartphones with SEs (eSE, iSE, eSIM), per brand (in %)
- Detailed brand-level insights: Current and projected SE adoption across smartphone makers operating in Europe
The primary challenge was the scarcity of reliable, in-depth data, particularly regarding smaller smartphone brands, as SE-specific adoption figures were not widely disclosed in secondary sources.
Approach:
To overcome these challenges, our team implemented a multi-pronged research methodology:
- Extensive Secondary Research: Mined data from industry reports, government publications, and paid sources specializing in smartphone shipments and SE technology.
- Custom Estimations & Modeling: Developed proprietary estimations using available shipment data, SE penetration rates, and brand adoption strategies.
- Cross-Validation: Cross-checked findings with data from trade associations, technical whitepapers, and market forecasts to ensure accuracy and reliability.
- Brand-Level Focus: Segmented insights across both major smartphone brands and smaller market players to ensure inclusivity and precision.
Solution:
The final deliverable provided the ECB with:
- Detailed annual data (2023–2025) on smartphones with SEs (eSE, iSE, eSIM), broken down per brand and SE type
- Insights into the number of smartphones without SEs in Europe, clarifying gaps in secure mobile adoption
- Market projections until 2030, outlining brand-level SE adoption trajectories and percentage forecasts
- A clear view of the competitive landscape, showing how leading and emerging smartphone brands integrate SEs into their devices
Outcome:
The tailored report enabled the European Central Bank to:
- Gain an inclusive understanding of SE adoption in Europe, segmented by brand and SE type, to inform digital security strategies
- Assess future adoption trends until 2030, supporting long-term planning around secure mobile payment and identity ecosystems
- Strengthen decision-making on policy and regulatory frameworks, grounded in verified market intelligence