Machine to Machine Communication SIM cards to have KYC norms soon

India: TechSci Research depicts that with the growing boom of smart city initiative in India, growing IoT market and growing communication between machines, growing smart homes market and increasing security concerns, and so on; the need for strict regulation to monitor the issue of sim cards is growing. To address the concern, the department of telecommunication in India would soon issue ‘know your customer’ (KYC) norm for mobile sim cards issued for equipment such as CCTV, Television, Air Conditioner, etc.

According to the secretary of the ministry, the roadmap for Machine to Machine (M2M) communication is prepared and specific guidelines for M2M-KYC have been prepared. These guidelines will be issued soon.

The secretary also states that these guidelines will be different from Phone-to-Phone Communication. As in M2M KYC there will be provision to allow sim transfer, no tele-verification would be required, and some communication (SMS, data, and voice) on few predefined numbers.

A global market research and consulting firm, TechSci Research has recently published report, “India Machine-to-Machine Modules Market Forecast and Opportunities, 2020”, the M2M modules market in India is projected to cross USD4.4 billion by 2020. Rising trend of Internet of Things (IOT), increasing automation to reduce operational and labor costs, and growing efforts to reduce greenhouse emissions is driving M2M modules market in the country. Short range M2M modules dominate the current M2M market landscape, followed by Cellular and Satellite. Currently, India M2M modules market is mainly an import driven market and dominated by leading global M2M players such as Telit, Gemalto, Sierra Wireless and SIMCom. Consumer electronics, healthcare, transport, security & surveillance, energy & utilities, supply chain & logistic sectors are some of the key application areas where M2M modules are being used.