Global eSIM Market By Offering, End User, Geography and Regional Forecast to 2025
Global eSIM Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025. eSIM (embedded subscriber identity module) is an embedded rewritable chip that eliminates the need for a physical SIM in electronic devices, which requires M2M and telecom communication. eSIM enables remote SIM provisioning for mobile devices and is currently supported by several telecom carriers. Few of the major tech companies, including Apple, Alphabet (Google), Samsung, and Huawei, have released devices that have eSIM capability. Google’s Android framework has started providing standard APIs for accessing eSIM and managing subscription profile on the eSIM since Android 9.
eSIM is similar to traditional physical SIM in aspects such as access points and IMEI numbers. However, when an organization hands over an eSIM to an employee, the organization loses control over the data used by the SIM, since the employee can use it across multiple devices. Through an eSIM, the organization can restrict the employee to use a pre-defined device for data consumption and thereby could exert more control over the data consumed.
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Another advantage of using eSIM is the ease of changing mobile network operators. This will affect the carriers negatively since more customers will have the tendency to shift connection if they are not satisfied, provided the mobile number does not change. However, network operators have several advantages of using eSIM, including reduced cost, increasing subscribers, and better security. There has been growth in the number of telecom companies supporting eSIM capabilities with many major companies, including NTT Docomo, AT&T, Etisalat, Vodafone, and Telefonica, providing eSIM solutions.
The global eSIM market is expected to cross $700 million mark by the end of 2019, with the demand for eSIM increasing in areas including connected cars, consumer electronics, and IoT devices. The report also discusses the eSIM management services, including platform management provided by certain companies.
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Last Update : Dec 06, 2019
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