Embedded and integrated SIMs (eSIMs and iSIMs, respectively), not only remove the need for a physical SIM card, but also deliver environmental and financial benefits, and – thanks to a tiny footprint, and the fact they are embedded – will also be an integral ingredient in the explosion in IoT devices that will enable new 5G use cases (for devices such as handsets, sensors, drones, gaming devices, and more).
Taking advantage of the growing interest in eSIM and iSIM technology, Nokia has announced the launch of its new iSIM Secure Connect platform, which has been designed to help CSPs and enterprises to deliver new 5G mobile and IoT services, and securely manage machine-to-machine (M2M) and consumer device subscriptions.
“iSIM unleashes a wide range of growth opportunities for CSPs and enterprises and enables new innovations that build proven value on top of this new technology,” said Hamdy Farid, head of business applications, cloud and network services at Nokia. “As part of Nokia’s Cloud and Network Services product portfolio, iSIM Secure Connect will help our customers both streamline the process of managing millions more device subscriptions and deliver more innovative services quickly and securely.”
€6 billion market by 2025
Over the next 18 months eSIM and iSIM technology will help mobile network operators (MNOs) and communication service providers (CSPs) to deliver 5G services and products in the most efficient and user-friendly way is eSIMs, which eliminates the need for a physical SIM card. Accounts will become much easier and cost-effective to manage, and it will be simple to connect multiple IoT devices to a single account. And according to Counterpoint Research, the market for eSIM and iSIM capable device shipments, including smartphones, smartwatches and cellular IoT devices, is expected to top €6 billion by 2025.
“Service providers are already set to capitalize on eSIM for new revenue streams, and iSIM will accelerate this even further. Underpinned by its extensive network know-how, Nokia can help operators take advantage of growth opportunities with iSIM Secure Connect,” said Michele Mackenzie, principal analyst at Analysys Mason.
iSIM Secure Connect, which will be commercially available this quarter, builds on that technology by flexibly managing device subscriptions linked to trusted digital ID for public and private e-services. And by being vendor-agnostic, and working in various network and cloud environments, Nokia says that iSIM Secure Connect will support current and future IoT business and operating models, use cases, and monetization strategies.