Firsty Eliminates Roaming Hassle with Freemium Data Solution
eSIM technology is experiencing a “silent revolution,” with predictions indicating that the number of eSIM installations in connected devices globally will surge from 1.2 billion to 3.4 billion by 2025, representing a growth of 180%. This growth is primarily driven by major tech companies like Apple and Google. firsty esim
The consumer sector is anticipated to account for the vast majority (94%) of global eSIM installations by 2025, as the adoption of eSIM frameworks from device vendors is expected to catalyze growth in consumer devices ahead of the industrial and public sectors. Despite this, overall adoption among consumers has been slow, partly due to a lack of operator support and end-user education about eSIM technology. Currently, only a small fraction of mobile network operators support eSIM, although this is expected to grow as nearly 60% of operators who do not offer an eSIM service are planning to do so by the end of 2021. As the industry evolves, GSMA expects 60% of smartphone unit sales to be eSIM-compatible by 2025, with China becoming the largest eSIM market
While eSIM awareness is still low, it is rapidly growing, with a 20% to 76% increase in awareness projected by 2030. as you can see in the image below.
The eSIM market is expected to grow at a CAGR of 15% during this period, reaching a value of $158 billion by 2030.
4 Factors Driving High Growth in the eSIM Roaming Market firsty esim
- An increase in the number of consumers who are aware of eSIM and how it can benefit them.
- The rise of eSIM-enabled smartphones.
- The increasing demand for mobile data.
- The growing number of international tourists.
These factors will allow eSIM to continue to grow in the coming years, and it will likely become the dominant way to connect to a mobile network while traveling internationally.
Firsty, a pioneering telecom startup, has recently announced a significant milestone in its growth journey with a €1.1 million pre-seed funding round. The company, co-founded by Vince Vissers and Gauthier Thierens, who previously served as technical product managers at Adyen, is set to redefine the global mobile data landscape. This funding marks a key step in their mission to offer seamless, affordable cross-border mobile data connectivity.
Unlike traditional mobile services, Firsty eliminates the need for travelers to switch (e)SIMs or plans when crossing borders. This innovative approach targets the traditionally high costs of roaming, proposing a more economical and convenient solution for global travelers. With their freemium service model, Firsty is not just offering a new service but spearheading a movement towards more cost-effective and user-friendly mobile data usage. Visit their website, www.firsty.app, to find out more about their services.
The launch of Firsty’s beta version is eagerly anticipated in regions including Europe and the USA, with January 2024 set as the tentative launch date. This launch is a precursor to their ambitious goal of achieving global coverage in the first quarter of 2024. The combination of their strategic vision, technological innovation, and the recent influx of funding positions Firsty to make a significant impact in the telecom industry.
Redefining Mobile Connectivity for the Future firsty esim
Firsty’s journey represents a significant step forward in the telecom sector, promising to bring about a paradigm shift in how consumers access and use mobile data globally.
Firsty’s vision extends beyond the traditional realm of telecom, encompassing the evolving landscape of connectivity. The company is exploring cutting-edge technologies like 5G, IoT, and cloud-based solutions to deliver even more seamless, personalized, and secure connectivity experiences.
Here are some indicative prepaid eSIM card prices for Europe from a few of the best eSIM companies:
