Press release
Mobile Resource Management (MRM) Solutions Market Huge Market Growth Till 2024 By AppLocation Systems, Inc. (Canada), T&T, Inc. (USA), CalAmp Corporation (USA), Garmin International, Inc. (USA), Masternaut (UK)
The global mobile application market size was valued at US$ 22.6 Billion in 2018 and is expected to grow at a CAGR of 9% to reach US$ 38.1 Billion by 2024.According to SDMR International, Mobile Resource Management (MRM) Solutions Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends and demands analysis.
Transportation and logistics are the prominent application segments owing to requirement of these systems and services to monitor fleet vehicles and assets such as heavy equipment and trailers. Moreover, proliferation of GPS enabled smartphones and tablets have found increased applications for management of mobile workers. According to Coherent Market Insights, the MRM applications in the segment contributes to around 10 million units, in the U.S. alone.
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Key Players covered in this report:
AppLocation Systems, Inc. (Canada)
AT&T, Inc. (USA)
CalAmp Corporation (USA)
Garmin International, Inc. (USA)
Masternaut (UK)
PeopleNet Communications Corporation (USA) and more…
The increasing number of smartphones users and rising incidences of accidental damage, phone thefts, device malfunction, etc., are among the key factors driving the global mobile phone insurance market.
Mobile phones are highly prone to physical and technical damages, and the rising cost of smartphones is driving the consumers towards opting for mobile phone insurance policies.
Other factors driving the market include rising demand of data and virus protection plans, improving access through improved distribution networks, rising demand of premium smart phones, etc.
Market Segment By Key Product Type:
Portable GPS Devices
Local/Short Haul Fleet
Long Haul Fleet
Trailer Monitoring System
Basic MRM Tracking Unit
Fleet Management Systems
Others
Market Segment by Application Type:
Field Service
Public Transportation
Logistics
Construction
Others
Key questions answered in this report
1. What are the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks)?
2. Which consumer segment accounted for the highest sales of Mobile Resource Management (MRM) Solutions in 2019?
3. What are the business risks and factors concerning the market?
4. What are some of the most promising, high-growth opportunities for Mobile Resource Management (MRM) Solutions market by applications, types and regions?
5. Which region offers the most lucrative opportunities for the market in 2019?
6. What Mobile Resource Management (MRM) Solutions product types will be the most in-demand in the current year?
7. What sales channel will account for the largest sales?
8. What are the major challenges facing the Mobile Resource Management (MRM) Solutions market?
Table of Contents
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East & Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion
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