Thursday, February 9, 2023
HomeTelecomeSIM market to develop almost 250% by 2027: Juniper Analysis

eSIM market to develop almost 250% by 2027: Juniper Analysis


The embedded SIM market is predicted to develop from about $4.7 billion this 12 months to $16.3 billion by 2027—representing 249% development throughout the interval, in line with Juniper Analysis.

The overall variety of smartphones that use eSIM will bounce from about 986 million this 12 months to three.5 billion by 2027, Juniper estimates.

The analyst agency say that eSIM-enabled shopper gadgets, like Apple’s eSIM-only iPhone 14, will set off elevated operator acceptance of the know-how. It additionally predicts that Apple “will broaden deployment of eSIM-only gadgets to Europe throughout 2023, with eSIM know-how key to [minimizing] the time-consuming institution of roaming agreements inside the fragmented European telecommunications market.” Apple rivals equivalent to Google and Samsung will develop eSIM-only Android gadgets to remain aggressive and preserve international market positioning, Juniper added.

“Regardless of operator considerations concerning the disruptive influence of eSIMs on current enterprise fashions, rising assist from smartphone producers will place further stress on operators. In response, service suppliers should assist eSIM connectivity to keep away from subscriber attrition as know-how consciousness will increase,” stated Scarlett Woodford, writer of the analysis.

China and India are anticipated to account for about 25% of smartphones that use eSIM by 2027, with the US making up about 10% of the projected smartphone eSIM market. However, Juniper notes, that is determined by the tech being developed to the satisfaction of the Chinese language authorities, which presently doesn’t permit its home system producers to promote eSIM gadgets of their dwelling market as a result of eSIM doesn’t permit the extent of system monitoring and monitoring required by the Chinese language authorities. Juniper stated that development of eSIM in China will rely upon country-specific requirements being carried out.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments