The embedded SIM (eSIM) market has grown significantly in the last few years, Antony Savvas looks at key recent developments and charts where it is going
It’s predicted that by 2025, there will be two billion shipped eSIM-enabled devices, according to Counterpoint Research. In 2018, 364 million eSIMs were shipped, according to the firm, so the trajectory of the market is clear.
Avneesh Prakash, the vice president for mobility at Tata Communications, says: “Enterprises are increasingly relying on mobile devices to operate and access data in the cloud. This, along with the rise in the number of M2M connections globally, is creating an immense opportunity for the eSIM market. Hence, driving further innovation in eSIM technology will be crucial in securing a successful future for businesses across automotive, manufacturing, aviation, supply chain as well as other industries.”
Luc Vidal, head of IoT and MVNE solutions at connectivity provider BICS, says of the growth: “Demand for eSIMs is growing with increasing global IoT deployments. We work with a large number of original equipment manufacturer (OEM) customers from both the consumer IoT world and the industrial IoT world, and eSIM technology is being more frequently requested by our OEM customers. They can integrate one single SIM at the point of manufacture, allowing their hardware to natively find connectivity wherever it is deployed.”
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