The number of eSIMs installed in connected devices will increase from 1.2 billion in 2021 to 3.4 billion in 2025 — representing growth of 180 per cent.

The figures are contained in a new report from Juniper Research

eSIMs are modules that are embedded directly into devices, providing cellular connectivity and storing multiple network operator profiles.

The research, entitled eSIMs: Sector Analysis, Emerging Opportunities & Market Forecasts 2021-2025, independently assessed eSIM adoption and demand in the consumer sector, industrial sector, and public sector, and predicts that the consumer sector will account for 94 per cent of global eSIM installations by 2025.

Research author Scarlett Woodford noted “Ensuring convenience for the end user must remain the top priority for eSIM management platform providers. To do so, they must provide a level of service comparable to that found with traditional SIM deployments.”

Juniper anticipates that established adoption of eSIM frameworks from consumer device vendors, such as Apple and Google, will accelerate the growth of eSIMs in consumer devices ahead of the industrial and public sectors.

Whitepaper: Unlocking the Potential of Consumer eSIMs

Consumer Market Key to Fulfilling eSIM Potential

The research found that global eSIM deployments across all consumer verticals will increase by 180 per cent over the next four years, with widespread adoption reliant on backing from network operators. Juniper urges device manufacturers to place pressure on operators to support eSIM frameworks and accelerate market maturation.

However, fragmentation of hardware vendors in the cellular IoT device market will require each vertical to adopt a combination of wireless technologies, hardware, and management tools. In turn, Juniper predicts that specialist vendors will emerge that provide robust eSIM form factors for industrial environments.

eSIM Opportunities Across Industrial Sectors

The study also identified three key areas of focus for eSIM adoption in the industrial sector: Oil and Gas, Manufacturing, and Logistics.

It suggests that the development of rugged form factors will position vendors well to capitalise on the market, as eSIM installations in these verticals grow from 28 million units in 2021 to 116 million by 2025.

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