Travel eSIM Users to Grow 440 Percent Over the Next 5 Years

Travel eSIM Users to Grow 440 Percent Over the Next 5 Years

According to a new study from Juniper Research, the global number of travel eSIM users will grow from 40 million in 2024 to over 215 million by 2028. Travel eSIMs provide an alternative to operators’ roaming services, by allowing travelers to download a temporary local profile onto their device and avoid roaming charges.

The study predicts that the rising cost of roaming internationally will drive the adoption of travel eSIM packages. It found that in 2024, mobile subscribers will spend an average of $8.57 per GB of data when roaming, whereas travel eSIM users will spend $5.50 per GB. This will result in a 35% saving; creating a substantial value proposition for international travelers.

The study predicts that the rising penetration of eSIM-capable devices in many countries will provide a considerable platform for user growth. For example, more than half of connected devices in the US will have eSIMs installed in 2024; creating a large addressable market for travel eSIMs.

“Despite the growing number of eSIM-capable devices, maximizing the number of effective distribution channels by creating a seamless purchasing journey for consumers will be essential to growing travel eSIM package spending,” commented research author Molly Gatford.

As the adoption of travel eSIM solutions increases, the study predicts that operators will lose over $11 billion globally to travel eSIMs. In response, the study recommends operators develop and implement their own travel eSIM solutions that will complement existing roaming packages.