| Code: MTA11536 | Publication Date: Dec 2025 |
The market is growing steadily as more subscribers, enterprises, and device makers shift toward embedded connectivity, supporting seamless activation, remote provisioning, and enhanced security. Rising adoption in smartphones, IoT devices, wearables, and automotive systems strengthens demand, while operators expand digital onboarding and multi-profile management capabilities across diverse usage scenario segments.
Investment potential in the eSIM Industry is significant due to growing demands for digital connectivity through the increased use of smartphones, IoT Devices, Connected Vehicles and Enterprise Systems. The remote provisioning of eSIM, secure features, and ease of use for mobile service providers allow for a higher rate of adoption and usage of eSIM for many years to come. The increasing use of industrial automation, as well as mobile service and consumer electronics, has created many opportunities for manufacturers, service providers, and technology innovators in an evolving and expanding connectivity environment.
The recent eSIM industry developments illustrate rapid incorporation into smartphones, smartwatches, and industrial IoT Devices as well as connected vehicles. Enhanced capabilities related to remote SIM provisioning, enhanced security frameworks, as well as interoperable platforms are leading to greater usage and widespread adoption of eSIMs. The broadening of operator advocacy, support for the multi-profile capability of current devices, and the building of more collaborative ecosystems create next-generation solutions to provide efficient device management and cross-network recovery for enterprise customers across all applications.
Some of the leading companies include: