eSIM market to reach $5 billion globally

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The global eSIM (embedded SIMs) market will increase from $4.7 billion in 2023, to $16.3 billion by 2027, according to a new Juniper Research study.

The global eSIM market will increase from $4.7 billion in 2023, to $16.3 billion by 2027, according to a new Juniper Research study.

eSIMs are embedded within devices enabling gadgets and sensors to seamlessly switch between network operator profiles.The Juniper study predicts Apple will expand deployment of eSIM-only devices to Europe in 2023 to minimize the time-consuming establishment of roaming agreements within the region’s fragmented telecom market.

Manufacturers, such as Google and Samsung, can develop n equivalent eSIM-only Android device to compete with Apple and maintain their global market positioning. “In response, service providers must support eSIM connectivity to avoid subscriber attrition as technology awareness increases,” she pointed out.

 

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