IoT Ecosystem > Enterprise IoT Blog

eSIM – Adoption and Development in Enterprise IoT

by Waseem Haider | 2月 24, 2023

eSIM (Embedded Subscriber Identity Module) or eUICC (Embedded Universal Integrated Circuit Card) has been heralded as the next evolution of the SIM card, offering the ability to change service provider profiles over-the-air (OTA), without needing to physically swap the SIM card itself. eSIMs are specifically designed to address the limitations of physical SIM cards. They incorporate new functionalities that are needed to enable connected devices where it is either difficult or inefficient to access a physical SIM, for example healthcare devices, connected vehicles, or a whole range of other IoT devices.

Source: G+D

Furthermore, another IoT specific SIM technology iSIM (integrated SIM) is emerging that would combine eSIM capability within a single purpose-built SoC. While an eSIM is a dedicated chip soldered on to a board and attached to a device’s processor, iSIM integrates the processor core and encryption in a system-on-chip (SoC). 


Global eSIM Market

The global eSIM Installed Base for IoT applications will grow from 599 million in 2022, to 4712 million by 2030 at a CAGR of 29% according to TechInsights latest forecast update on eSIM installed base.


Global IoT eSIM Installed Base (in millions)

The eSIM market growth is fuelled by enterprise IoT applications in verticals such as Automotive, Industrial/Manufacturing, Transport/Logistics etc. TechInsights anticipates the commercial iSIM rollout will start in 2023. In 2023, we expect eSIM (including iSIM numbers) to account for more than 50% of the total IoT module sales.


Top 5 IoT eSIM Verticals in 2022 (%)

TechInsights recently published eSIM installed base forecasts by Industry Verticals and Regions together with the eSIM sales forecasts till 2030. Along with the forecasts data we also published an Insight report on the adoption and development of eSIM across Enterprises and world regions. 

Click here to download a full copy (subscription needed)

If you have any questions, please reach out to


Previous Post: IoT Connectivity: The State of Low-Power Wide-Area Network (LPWA) Technologies

Let's talk

Now you know a little about us, get in touch and tell us what your business problem is.
Inquiry / Message:

please enter captcha from left