Summary
This technical report discusses the growth and impact of eSIM (eUICC) technology on the Internet of Things (IoT) landscape. It outlines the projected increase in active IoT devices, estimating a rise from approximately 16.1 billion in 2023 to nearly 40 billion by 2033. The report details the expected growth in cellular IoT connections, which are anticipated to reach 7.5 billion by 2033, with significant contributions from 5G technologies. It also examines the role of alternative Low Power Wide Area (LPWA) technologies and their projected expansion. The report highlights the financial implications of adopting eSIM and iSIM technologies, noting potential lifetime connectivity savings of 8-13% compared to traditional SIM cards. Additionally, it addresses the security enhancements provided by eSIMs, including secure storage of encryption keys and remote management capabilities. The report further discusses the importance of adhering to GSMA standards for ensuring compatibility and security in eUICC deployments.
