
eSIM-based devices shipments to reach 2 billion by 2025
Shipments of eSIM-based devices will reach almost two billion units by 2025, up from 364 million in 2018, according to a study by Counterpoint Research. eSIM devices shipments
This is mainly driven by the rise in the adoption of smartphones and enterprise Internet of Things (IoT) devices. “A majority of eSIM-based devices will have a hardware chip-based eSIM solution until 2025. After that, it will see a rise in the adoption of integrated SIM-based solutions,” the study said.
“The growth of eSIMs will revolutionize how the connectivity across the devices will be activated and managed. The eSIM’s compact form factor offers significant space reduction for device manufacturers along with potentially higher security, re-programmability and power efficiencies over the traditional SIM card solutions,” Counterpoint Research Analyst Satyajit Sinha said.
“For operators, eSIMs can significantly reduce the SIM distribution and activation costs. Furthermore, eSIM offers great benefits for consumers and enterprise customers to seamlessly choose, activate, connect and manage connectivity on their devices,” he added.
Other connected devices such as mobile hotspots, routers, connected PCs, drones and smartwatches though will grow at a higher rate per annum due to a relatively smaller base of adoption right now. eSIM devices shipments
However, in terms of shipment volumes, smartphones and B2B IoT devices will lead, the study said.
Unlocking the Potential of IoT with eSIM Technology
The benefits of eSIMs for IoT are numerous. First, eSIMs offer greater flexibility in terms of network connectivity. Since eSIMs can be remotely programmed to connect to different networks, businesses can choose the most cost-effective and reliable option for each device, without the need for multiple physical SIM cards.
Second, eSIMs can enhance the security of IoT devices. By encrypting the connection between the device and the network, eSIMs help to prevent hacking, tampering, and unauthorized access.
Another benefit of eSIM technology is that it can reduce costs for businesses. With eSIMs, businesses can avoid the cost of physical SIM cards, as well as the expense of manual installation and SIM management. In addition, eSIMs can reduce the complexity of managing IoT devices, as businesses can remotely activate and manage connectivity, and track usage and billing from a single platform.
Finally, eSIM technology can unlock the potential of IoT by enabling new use cases and applications. For example, eSIMs can be used in wearable health devices to transmit real-time data to medical professionals. In the automotive industry, eSIMs can enable real-time tracking of vehicles and enable predictive maintenance. And in the energy sector, eSIMs can be used to monitor and control power grids and renewable energy systems.
In conclusion, eSIM technology offers many benefits for unlocking the potential of IoT. From greater flexibility and security to reduced costs and new use cases, eSIMs are revolutionizing the way we connect and communicate with devices. As the number of IoT devices continues to grow, eSIM technology will play a critical role in managing connectivity and ensuring the security and efficiency of these devices.