The eSIM smartphone market is set to reach 420 million units annually by 2022, due to Apple’s decision to incorporate the technology into its iPhone XR, XS, and XS Max devices, which will accelerate eSIM market growth, according to analyst firm ABI Research.
eSIM stands for “embedded SIM,” a standardized SIM chip open to multiple mobile operators globally. Meaning, if a user has an eSIM, he or she doesn’t have to replace one SIM card with another when switching carrier.
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