A recent study by Omdia reveals that eSIM technology is going to change the Internet of Things (IoT) world. The new technology will make cellular IoT work better and give businesses more choices and flexibility.
The magic behind this shift is the GSMA SGP.31/32 standards, making eSIM adoption easier, especially for devices on LPWAN. These standards help businesses handle devices easily, get stronger network coverage, and access better deals.
Although eSIMs are already popular in smartphones and smartwatches, they have not been yet widely used in IoT because of technical limitations. But things are changing and new solutions are making eSIMs easier to use for IoT devices.
Omdia predicts a big jump in eSIM use in IoT, from just over 1 billion in 2023 to over 3.6 billion in 2030. This growth is not just because eSIMs are getting better, but it is also because of other trends like 5G RedCap and 4G LTE Cat-1bis modules as well as more businesses wanting IoT.
John Canali, from Omdia, says eSIMs are becoming more useful for businesses with IoT devices. They help control devices better, especially ones with limited resources.
Andrew Brown, also from Omdia, thinks the new GSMA SGP.32 eSIM standard is a game-changer. It is cheaper and more flexible for device makers, which could make more car companies use it.
Omdia’s study listened to the opinions of more than 700 IoT businesses from around the world. Nearly 90% of them say they plan to use eSIM/iSIM technology in the next two years. They like that eSIMs make networks better, save money and simplify following rules.
This means, eSIM technology is growing in IoT, offering easier and better ways for businesses worldwide to connect devices.
