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A new digital dynamic in the consumer device connectivity market

The term "eSIM" simply refers to a SIM card that is built-in. There are no physical SIM cards to deal with, and you don't have to physically change them. Not all networks yet support eSIM. The network or carrier must allow and support eSIM, but not all networks support eSIM as of yet. An eSIM is a small chip that is inside your phone. It works in the same way as the NFC chip that is used for payment technologies like Apple Pay and Google Pay. If you want to change your operator, all you have to do is make a simple phone call.

There is a lot more to the eSIM for Mobile Network Operators (MNOs) than just a technical change in how devices connect to the network. It allows customers to sign up for a subscription from anywhere, at any time. This creates a platform for a completely digital, frictionless customer experience. Using the most recent online ID verification tools as well as 5G networks, the new eSIM ecosystem fits in perfectly with MNOs' plans to make their networks more digital.

In the coming years, billions more products will use the eSIM, both in the consumer and industrial sectors. It will change the relationship between MNOs and their customers. In this white paper, we look at the compelling opportunities that are emerging in the consumer market for businesses to grow their revenue and cut down on their costs. People who work with industrial goods will be the subject of a separate report. For MNOs in both sectors, the key to success is to use the many ways to activate eSIM subscriptions defined by the GSMA specifications, as well as the wide range of innovative consumer uses that they can help them make money. These are very important because they give MNOs the freedom to make policies that are both in line with their business strategies and the needs of their customers.

MNOs have many options when it comes to eSIM-enabled consumer devices. We show them what they have to choose from, as well as how important things like secure online customer onboarding and the 5G eSIM are going to be in the future.

Embracing eSIM and digital transformation

The eSIM market is now old enough to buy and sell on its own. They were sold in 2019. The Connectivity Alliance says that 169 million eSIMs will be used in both the consumer and industrial markets in the next few years. In terms of how many people will have eSIM-enabled devices by 2024, ABI Research says there will be 2.5 billion eSIM-enabled consumer devices. But even though the industrial market is going to be smaller, it isn't going to be a small part of the world. ABI Research says that by the same time, another one billion eSIM-enabled devices will be used for IOT/M2M applications like smart cities, track and trace, and cars.

Smartphones are driving eSIM adoption

Because of an increasing number of phones manufactured by various firms, eSIM is becoming increasingly popular in the consumer market. That is the subject of this white paper. People already have access to Samsung's top-of-the-line Galaxy S20 series and Motorola's eSIM-only RAZR smartphones, which are both available for purchase. More handsets from OEMs that can use AnchoreSIMs eSIMs are on the way, as are enhancements to older models that are already available. MNOs, on the other hand, are putting in significant effort.

 

https://www.airhubapp.com/esim/Local-eSIMs

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