Embedded Sim Market Size and Analysis, Trends, Recent Developments, and Forecast Till 2028
According to a recent report by Emergen Research , the global Embedded SIM (eSIM) Market would be worth USD 3019.1 million by 2027. Due to the increasing deployment of IoT connected devices in manufacturing, the embedded sim (eSIM) market is anticipated to increase significantly throughout the projected timeframe. The increasing adoption of smart solutions across the world is anticipated to further fuel market expansion. Additionally, as eSIM offers various sophisticated functionalities in electric vehicles, the expanding government attempts to apply them are anticipated to boost market growth. The higher cost than regular SIM, however, is what is anticipated to limit market expansion throughout the forecast period. Driver: Remote SIM provisioning for M2M is emphasised. Without requiring physical access to the SIM card, remote provisioning allows you to download an operator profile to an in-market SIM and alter or delete the SIM profiles. Machine-to-machine (M2M) connections, whi...