Home Geospatial Applications Miscellaneous ‘US MRM market to touch USD 3 billion in 2015’

‘US MRM market to touch USD 3 billion in 2015’

US: The US market for Mobile Resource Management (MRM) systems is expected to touch USD 3 billion in 2015, revealed C.J. Driscoll & Associates, a market research firm. The study stated that in the US today, approximately 5.5 million GPS/wireless devices are used to monitor fleet vehicles, trailers, construction equipment and mobile workers. By 2015, this market will expand to over nine million units, and MRM hardware and service revenues will grow to over USD 3 billion.

The report further mentioned that market growth will be fuelled by factors such as declining hardware and wireless data costs, expanding feature sets, 3G and 4G cellular networks enabling enhanced features, and increasing awareness of the strong return on investment provided by MRM solutions.

2012-13 Mobile Resource Management Systems Market Study includes estimates of current MRM market penetration, along with projections of future subscriber and revenue growth for each major MRM market segment. Detailed profiles are provided on over 160 suppliers of Mobile Resource Management systems and services, including company background, key contacts, target markets, core features, installed base, and equipment and service pricing.

Source: CJDriscoll