BUSINESS

eSIM Capable Device Shipments Grew 63%

eSIM

New Delhi: Global shipments of eSIM capable devices, including vehicles, grew 63 per cent year-on-year (YoY) in 2018 to 364 million units and are estimated to reach close to two billion units in shipments by 2025, a new report by Counterpoint Research said on Thursday.

According to Counterpoint’s “ETO (Emerging Technology Opportunities) Service”, the Connected Consumer Devices adoption is poised to grow across several connected devices over the next decade leading to the expansion and growth of eSIM value chain.

“The traditional SIM card vendors have maintained the lead when it comes to Connected Consumer Devices enablement. Gemalto and G+D are leading the pack due to their diverse partnerships across the value chain, GSMA certifications, and end-to-end eSIM solutions. They are followed by other SIM vendors such as IDEMIA, VALID and Workz Group in 4th, 5th, and 7th positions respectively,” Peter Richardson, Research Director at Counterpoint Research, noted. (IANS)

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