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eSIM Adoption Surges: China & Travel Driving Growth

eSIM technology, though around for a decade, is still underutilized, with only 5% global adoption. Limited phone compatibility has hindered growth. However, recent developments like Apples eSIM-only iPhones and Googles Pixel ten are pushing adoption. The US is leading in eSIM-enabled devices, with Chinas potential entry, especially from local manufacturers, set to boost growth. Travel is another significant driver, with eSIMs gaining popularity due to convenience and security, potentially leading to wider everyday use.

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