According to a study by Counterpoint Research, over 14 billion eSIM devices are likely to be shipped between 2021 and 2030, covering all form factors. The study further noted that the smartphones will lead the charge in terms of eSIM capable device shipments over the next five years.
Meanwhile, as per the study, almost three in four cellular devices shipped in 2030 will support an eSIM. In 2021, over 350 million hardware eSIM-capable devices were shipped across a host of categories such as smartphones, smartwatches, tablets, internet of things (IoT) modules and connected cars. The study predicts that in next five years, hardware-based eSIM (eUICC) will remain the dominant eSIM form factor and will account for more than half of the shipments.
The study asserts that eSIM uptake is poised to grow across a gamut of connected devices over the next decade, owing to its flexibility, cost efficiency, security and other myriad benefits offered by the embedded technology. Besides, the first set of mainstream iSIM adoption will be seen across IoT applications driven by leading IoT chipset and module players. Moreover, beyond 2027, iSIM is projected to take over as the dominant SIM form factor, with the shipments of iSIM-capable devices poised to scale to 7 billion units between 2021 and 2030, the report noted.
