Focus of eSIM over the Past Year
Over the past year, the focal area of the Embedded Subscriber Identification Module (eSIM) has somewhat shifted, with attention moving away from Machine-to-Machine (M2M) and newly connected assets within the wider Internet of Things (IoT) domain and toward consumer devices, due in large part to Apple’s launch of its eSIM-enabled XR and S range of iPhones.
Despite the rise of the consumer, it must be noted that the origins of eSIM reside within the M2M/IoT space that originally drove the need for an embedded form factor and subsequent remote provisioning development. As it relates to SIM cards, the M2M market, which encompasses both removable and physically embedded variants, is the fastest growing part of the SIM cards market. It is growing at such a pace that it is offsetting reductions from the traditional handset side of the SIM business.
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