eSIM (Embedded sim) is programmable SIMs that allow you to switch carriers without changing the physical card in your device. The initial specification eSIM is by GSMA in 2013 and the first deployment was done in M2M by AT &T. The use of eSIM will overcome the limitations of traditional SIM card, moreover, it is the only standard sim for the machine to machine communication across the world. For instance In July 2019, according to counterpoints emerging technology opportunities (ETO) adoption of ESIM devices across the globe, adding a vehicle, grew 63 per cent of year on the year 2018 to 364 million and are estimated to reach close to two billion units in shipments by 2025. The use of eSIMS offers several benefits such as reduce the SIM distribution, activation cost, and others. For use of Esim in high profile devices such as Apple Watch 3, Google Pixel 2, and Microsoft Surface Pro LTE is gaining popularity across the world.This growth is primarily driven by High Adoption of IoT Technology and Devices, Rising Adoption of Wearable Electronics and Growing Demand for Smart Solutions.
Globally, a noticeable market trend is evident Use of ESIM For both Payment and Identifications (Chip-Based Credit and Debit Cards We Use Today Can Instead Be Driven By ESIM)s. Major Players, such as Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Telecommunications Limited (Singapore), STMicroelectronics (Switzerland) and Telefónica, S.A. (Spain) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
For instance, in November 2019, Hong Kong-based company eSIM Solutions Company named 10T Tech Ltd and Ukrainian TriMob launches first consumer eSIM cloud solutions service. Use of this technology allows the user to download multiple eSIM from TriMob. Meanwhile, 10T Tech is the first company in the world which offers zero entry fee access to the users of eSIM solutions, moreover, the solution utilized IDEMIA’S technology.
- High Adoption of IoT Technology and Devices
- Rising Adoption of Wearable Electronics
- Growing Demand for Smart Solutions
- Use of ESIM For both Payment and Identifications (Chip-Based Credit and Debit Cards We Use Today Can Instead Be Driven By ESIM)s
- Increasing Security Threats By the Use of eSIM Technology
The Increase in Multi-Device Packages, Enabled by Consumer and Enterprise Adoption of Esim increased and High Adoption of IoT Technology and DeviceCard Can Be Used
Challenge in Troubleshooting Esim-Enabled Device As They Cannot Transfer Data into the Sim and Deficiency of Standardization
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