The value of 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.
The new report offers the most comprehensive analysis of the eSIMs (embedded SIMs) market available today.
Increasing by an impressive 249%, the market will be driven by the adoption of eSIM-enabled consumer devices, as seen in Apple’s recent release of the eSIM-only iPhone 14; triggering accelerated operator support.
eSIMs are embedded within devices; enabling devices and sensors to seamlessly switch between network operator profiles.