Embedded SIMs to drive cellular M2M connections


Wednesday, 24 July, 2019

Embedded SIMs to drive cellular M2M connections

Juniper Research has forecast that the number of cellular M2M connections will reach 1.6 billion globally by 2024, up from 596 million in 2019 — a growth of 165% over five years.

According to the study, remote provisioning and anti-fraud measures facilitated by embedded SIM technologies will drive uptake of cellular M2M in sectors such as automotive, smart cities and connected agriculture.

The research also found that adoption of eSIMs will expand by 350% over the next five years, exceeding one billion worldwide by 2024.

However, the research found that 5G will have only a limited impact on the M2M market in the next five years, forecasting that only 15 million 5G connections will be in use by 2024.

The study found that the automotive sector will be the primary industry player, accounting for 70% of 5G M2M connections by 2024.

Image credit: ©stock.adobe.com/au/Denys Rudyi

Please follow us and share on Twitter and Facebook. You can also subscribe for FREE to our weekly newsletter and bimonthly magazine.

Related News

NT launches draft Drone Industry Strategy, Drone Innovation Challenge

Northern Territory residents are invited to have their say on a new draft strategy designed to...

Telstra and Optus investigated by ACMA for public safety failures

It's been a bad week for Telstra and Optus, who are receiving attention from the ACMA for...

Speedcast provides enhanced connectivity services to NT

Speedcast has expanded its STARS (Satellite To All Remote Sites) program contract, providing...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd