Value of the global eSIM market will increase enormously

Juniper Research’s new report offers the most comprehensive analysis of the eSIMs (embedded SIMs) market available today. It reveals that the value of the global eSIM market will increase from $4.7 billion in 2023 to $16.3 billion by 2027. This represents an impressive growth of 249%.

The market will be driven by the adoption of eSIM-enabled consumer devices. This trend is seen in Apple’s recent release of the eSIM-only iPhone 14, which is triggering accelerated operator support.

eSIMs are embedded within devices. They enable devices and sensors to seamlessly switch between network operator profiles.

eSIM-enabled Android devices to accelerate consumer adoption

The research predicts that Apple will expand the deployment of eSIM-only devices to Europe during 2023. eSIM technology is key to minimizing the time-consuming establishment of roaming agreements. This is crucial within the fragmented European telecommunications market.

It found that the total number of smartphones leveraging eSIM connectivity will increase from 986 million in 2023 to 3.5 billion by 2027. Manufacturers such as Google and Samsung are developing an equivalent eSIM-only Android device. This development aims to compete with Apple and maintain their global market positioning.

Research author Scarlett Woodford remarked: “Despite operator concerns regarding the disruptive impact of eSIMs on existing business models, growing support from smartphone manufacturers will place additional pressure on operators. In response, service providers must support eSIM connectivity to avoid subscriber attrition as technology awareness increases.”

Chinese regulations must support eSIM smartphone connectivity

The report found that the total number of eSIM-connected smartphones in China will increase from 103 million in 2023 to 385 million by 2027. This assumes country-specific standards are implemented, allowing eSIM use in smartphones.

It also noted that current regulations prevent Chinese-based device manufacturers from selling to their home market. This limitation is affecting investment and innovation. In response, the...To find out more, see the new report: .Download the free whitepaper: .