The global eSIM installed base in IoT is forecast to grow from just over one billion in 2023 to more than 3.6 billion in 2030, according to new research from Omdia.

The market is being driven by eSIM technology improvements, enterprise demand, and other trends boosting IoT adoption such as 5G Massive IoT, 5G RedCap and 4G LTE cat-1bis modules. 

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