Strategy Analytics/TechInsights forecasts that the Installed Base of eSIMs for IoT applications will grow at a 29% CAGR between 2022 and 2030. Since GSMA launched eSIM specifications for M2M applications in 2016, the adoption of eSIMs in IoT have really matured. eSIMs are growing in popularity, with the integrated storage and remote management of multiple network operator profiles (remote SIM provisioning or RSP) offering the following advantages: Future-proof IoT devices, Cost reduction, Improved security and High ROI. This report discusses IoT eSIM Installed Base (IB) forecasts for 2022-2030 - by verticals and regions.
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