eSIM might still be considered a relatively new technology, but organizations are already realizing the myriad benefits of esIM technology for IoT connectivity. As businesses look to remain ahead of the curve, the demand for eSIM technology rises. In fact, Grand View Research predicts that the global eSIM market will grow at a Compound Annual Growth Rate (CAGR) of 15.8% between 2020 and 2027.
One of the biggest drivers of eSIM adoption right now is the impending sunsetting of 2G and 3G networks across the globe. As businesses feel the pain and disruption of migrating their existing IoT applications to newer network technologies, like 4G LTE and beyond, eSIM technology is becoming an appealing choice to those looking to boost their IoT connectivity.
A single eSIM can support multiple carriers and network technologies, and it can last for the entire lifecycle of a device. This is critical for businesses currently faced with downtime from network sunsets and migrations.
The easy upgrades and maximum ROI make it an ideal choice for organizations looking to future-proof their IoT connectivity.
With eSIM technology, businesses have access to multiple carrier profiles, ensuring the best one gets activated and simplifying the process. Over-the-air provisioning, along with a plan activation process that is simple and streamlined, gets devices to customers faster than with many traditional SIM options.
The costs and resources involved in SIM switching can be significant. With eSIM technology, remote provisioning eliminates those additional costs and improves operational efficiency through a reduction in inventory to oversee and fewer carrier contracts and invoices to manage.
A single eSIM provides global, robust connectivity with access to multiple carriers and network technologies, including 2G, 3G, LTE, and more. KORE eSIM allows for even more control and secure access via VPNs and private APNs, as well as single data bundles via multi-iMSI capabilities.
For companies looking to boost their IoT connectivity with future-proof, flexible eSIM technology, selecting the right platform, provider, and tools is critical. KORE offers a full suite of coverage and eSIM technology solutions to ensure success with any IoT solutions.
KORE provides expertise and resources so organizations can feel confident in their deployments, like a self-service eSIM device validation tool. This allows users to validate devices in less than 15 minutes, eliminating shipping hassle and weeks of waiting to ensure a device can operate in an eSIM environment.
KORE handles the complexity of IoT, simplifying the process of connecting and deploying devices around the globe. If your business can benefit from single-SIM IoT connectivity, KORE offers a complimentary eSIM starter kit to meet your needs.
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