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Mobile Resource Management Market- Global Drivers, Restraints, Opportunities, Trends, and Forecast, 2017-2023

August 2017 | 68 pages | ID: M5CC444244CEN
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Title: Mobile Resource Management Market Trends 2017-2023

Desc: Find inquisitee details of Mobile Resource Management Market- Global Drivers, Restraints, Opportunities, Trends, and Forecast, 2017-2023. Click to know.

Keyword: Mobile Resource Management Market, Mobile Resource Management, Mobile Resource, Mobile Resource Management Market Trends, Mobile Resource Management solutions


Mobile Resource Management Market- Global Drivers, Restraints, Opportunities, Trends, and Forecast, 2017-2023

Overview

Mobile Resource Management (MRM) is a combination of technology, software, and hardware that informs a user about the location of mobile assets at a specified time. The organizations manage costs and resources through real-time tracking and monitoring with the help of Mobile Resource Management (MRM) solutions. The term is generally used interchangeably with Automatic Vehicle Location. Any agency or organization, that possesses valuable assets such as vehicles, laptops, and other costly equipment can benefit highly from the modern MRM solutions.

Product analysis

There are five basic components which are necessary to form a complete MRM solution. These fundamental components are connectivity, hardware, GIS data, data interoperability server, and a decision-making software. The widely available options for connectivity are Wi-Fi, satellite, two-way radios, and others. Various GPS capable hardware are readily available across the market. The data collected from the sensors can be easily extracted and compiled for real-time analysis. In addition, various decision-making software come bundled with the solutions, or can be easily obtained in the marketplace.

Market analysis

Since early 2010, the transportation & logistics companies have started adopting the MRM solutions. They are being used in the overall process, i.e. inbound, internal and external logistics. Moreover, are helping in easy traceability and monitoring of the processes in the shop floor, and in the fleet management. According to Infoholic Research the Mobile Resource Management (MRM) Market will grow at a CAGR of 15.9% during the forecast period 2017-2023 to aggregate $7,379.5 million. This technology is widely being adopted across diverse set of industries that includes public works, public safety, commercial snow ploughing businesses, and utility companies. While retail players are using MRM solutions to manage supply and demand under supply chain management, construction players are using for asset utilization, security, and safety.

Technology analysis

Wireless connectivity is considered vital for the growth of mobile resource management. Modern connectivity tools such as wireless carrier systems, GPS, and Internet communications are already strengthening the ability of organizations in managing workforce. Bundled with the modern technologies, the modern MRM offerings are highly efficient in terms of reducing operational costs, improving mobile workforce performance, and delivering high quality customer service. Integrated analytics and visualization dashboards are already being adopted at a high growth rate, and driving the growth of MRM. However, there are still concerns of data privacy and security. Nowadays, most of the applications request access to one’s location data. Mobile applications with poor coding could expose one’s location to anyone. Hackers can find locations in real time, uncover schedules and patterns, and even find out the identity of the user. In addition, questions in various instance are yet to be answered such as, who would hold these valuable data and who would have the rights to access them.

Key players

Some of the key mobile resource management companies include Spireon, The Descartes Systems Group, Trimble, AT&T, Garmin International, AppLocation Systems, CalAmp, and SkyBitz Inc. Most of the major players are in the Americas region.

Competitive analysis

Advancements in cloud, IoT, and analytics has led to the rising adoption of MRM and telematics. As such there is rising competition in the market. Various large enterprises and SME’s have entered the market to address the rising technological needs. As customers are in search for end-to-end solutions, there is a rising number of partnerships. There is likely to be an increase in number of mergers, acquisitions, and collaboration in the next 5 years.

Regional analysis

Americas is a major region which holds the largest share for MRM. The region has a large diverse set of industries who are willing to invest in the MRM solutions. In addition, the region has a well-developed ecosystem with a healthy competition which drives innovation. Europe has a huge transportation, logistics, and shipping market. The companies are utilising IoT, analytics, cloud, and various sensors and GPS tools to differentiate their services. Major automobile manufacturers are also partnering with MRM vendors to develop new products and services. As such, the MRM market is likely to grow at a stable pace in the region. Asia Pacific is among the fastest growing market for MRM solutions. The region boasts major developing economies with focus on manufacturing, logistics, and various other sectors. In addition, the government is focused on ICT infrastructure development.

Benefits

With the help of MRM, organizations can increase the productivity and efficiency of their employees and ensure safety of the employees. From a business perspective, costs can be managed and reduced, and revenue could be improved. Modern MRM solutions are available with additional benefits, such as flexible hardware options for customers with specific needs. They can easily be integrated with other applications. They can be installed either on-premise or even through the networks of the vendors. In addition, the solutions are proven to be reliable.
1 INDUSTRY OUTLOOK

1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis

2 REPORT OUTLINE

2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions

3 MARKET SNAPSHOT

3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
  3.3.1 IoT Fleet Management Market
  3.3.2 Predictive Maintenance Market

4 MARKET OUTLOOK

4.1 Overview
4.2 Market Definition
4.3 Market Trends
4.4 Ecosystem of Mobile Resource Management
4.5 Architecture
  4.5.1 Basic components of Mobile Resource Management
4.6 Market Segmentation
4.7 Porter 5 (Five) Forces

5 MARKET CHARACTERISTICS

5.1 Benefits of Mobile Resource Management
5.2 Market definition
5.3 Market Dynamics
  5.3.1 Drivers
    5.3.1.1 Business requirements of optimum resource utilization
    5.3.1.2 Rising integration of assets with smart devices
    5.3.1.3 Advancements in wireless solutions, analytics, and visualization
  5.3.2 Restraints
    5.3.2.1 Data privacy and security concerns
    5.3.2.2 Lack of telematics infrastructure
    5.3.2.3 High initial costs
  5.3.3 Opportunities
    5.3.3.1 Opportunities in Auto-insurance
    5.3.3.2 Partnerships for end-to-end solutions
  5.3.4 DRO – Impact Analysis

6 SOLUTIONS: MARKET SIZE AND ANALYSIS

6.1 Overview
  6.1.1 Driver Behaviour Management Solutions
  6.1.2 Enterprise Asset Management
  6.1.3 Fleet Management
  6.1.4 Field Service Management

7 SERVICES: MARKET SIZE AND ANALYSIS

7.1 Overview
  7.1.1 Training
  7.1.2 Installation & implementation
  7.1.3 Consulting

8 VERTICALS: MARKET SIZE AND ANALYSIS

8.1 Overview
  8.1.1 Government
  8.1.2 Utilities
  8.1.3 Oil & Gas
  8.1.4 Logistics
  8.1.5 Construction
  8.1.6 Retail
  8.1.7 Others

9 REGIONS: MARKET SIZE AND ANALYSIS

9.1 Overview
9.2 Americas
  9.2.1 Overview
    9.2.1.1 US
    9.2.1.2 Canada
    9.2.1.3 Mexico
    9.2.1.4 Others
9.3 Europe
  9.3.1 Overview
    9.3.1.1 United Kingdom
    9.3.1.2 Germany
    9.3.1.3 France
9.4 Asia Pacific
  9.4.1 Overview
    9.4.1.1 China
    9.4.1.2 Japan
    9.4.1.3 Australia
    9.4.1.4 South Korea
9.5 Middle East & Africa (MEA)
  9.5.1 Overview

10 VENDOR PROFILES

10.1 CalAmp
  10.1.1 Overview
  10.1.2 Business Units
  10.1.3 Geographic Presence
  10.1.4 SWOT Analysis
  10.1.5 Business Focus
  10.1.6 Business Strategy
10.2 Descartes
  10.2.1 Overview
  10.2.2 Business Units
  10.2.3 Geographic Presence
  10.2.4 SWOT Analysis
  10.2.5 Business Focus
  10.2.6 Business Strategy
10.3 Telenav
  10.3.1 Overview
  10.3.2 Business Units
  10.3.3 Geographic Presence
  10.3.4 SWOT Analysis
  10.3.5 Business Focus
  10.3.6 Business Strategy
10.4 Trimble Navigation Ltd.
  10.4.1 Overview
  10.4.2 Business Units
  10.4.3 Geographical Revenue
  10.4.4 Business Focus
  10.4.5 SWOT Analysis
  10.4.6 Business Strategy
10.5 AT & T Inc.
  10.5.1 Overview
  10.5.2 Business units
  10.5.3 Geographic revenue
  10.5.4 Business focus
  10.5.5 SWOT analysis
  10.5.6 Business strategies

11 COMPANIES TO WATCH FOR

11.1 Cartasite
  11.1.1 Overview
  11.1.2 Cartasite in Mobile Resource Management Market
11.2 Global Satellite Engineering
  11.2.1 Overview
  11.2.2 Global Satellite Engineering in Mobile Resource Management Market
11.3 HyperTrack
  11.3.1 Overview
  11.3.2 HyperTrack in Mobile Resource Management Market
Annexure
? Abbreviations

Tables
Table 1 MRM MARKET REVENUE BY SOLUTIONS, 2017-2023 ($MILLION)
Table 2 MRM MARKET REVENUE BY SERVICES, 2017-2023 ($MILLION)
Table 3 MRM MARKET REVENUE BY VERTICALS, 2017-2023 ($MILLION)
Table 4 MRM MARKET REVENUE BY REGIONS, 2017-2023 ($MILLION)
Table 5 AMERICAS MRM MARKET REVENUE BY TYPE, 2017-2023 ($MILLION)
Table 6 AMERICAS MRM MARKET REVENUE BY SOLUTIONS, 2017-2023 ($MILLION)
Table 7 AMERICAS MRM MARKET REVENUE BY SERVICES, 2017-2023 ($MILLION)
Table 8 AMERICAS MRM MARKET REVENUE BY VERTICALS, 2017-2023 ($MILLION)
Table 9 EUROPE MRM MARKET REVENUE BY TYPE, 2017-2023 ($MILLION)
Table 10 EUROPE MRM MARKET REVENUE BY SOLUTIONS, 2017-2023 ($MILLION)
Table 11 EUROPE MRM MARKET REVENUE BY SERVICES, 2017-2023 ($MILLION)
Table 12 EUROPE MRM MARKET REVENUE BY VERTICALS, 2017-2023 ($MILLION)
Table 13 ASIA PACIFIC MRM MARKET REVENUE BY TYPE, 2017-2023 ($MILLION)
Table 14 ASIA PACIFIC MRM MARKET REVENUE BY SOLUTIONS, 2017-2023 ($MILLION)
Table 15 ASIA PACIFIC MRM MARKET REVENUE BY SERVICES, 2017-2023 ($MILLION)
Table 16 ASIA PACIFIC MRM MARKET REVENUE BY VERTICALS, 2017-2023 ($MILLION)
Table 17 MEA MRM MARKET REVENUE BY TYPE, 2017-2023 ($MILLION)
Table 18 MEA MRM MARKET REVENUE BY SOLUTIONS, 2017-2023 ($MILLION)
Table 19 MEA MRM MARKET REVENUE BY SERVICES, 2017-2023 ($MILLION)
Table 20 MEA MRM MARKET REVENUE BY VERTICALS, 2017-2023 ($MILLION)

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Charts
Chart 1 PEST ANALYSIS OF MOBILE RESOURCE MANAGEMENT
Chart 2 RESEARCH METHODOLOGY OF MRM MARKET
Chart 3 TELEMATICS MARKET REVENUE, 2017-2023 ($BILLION)
Chart 4 MRM MARKET REVENUE, 2017-2023 ($MILLION)
Chart 5 ECOSYSTEM OF MRM
Chart 6 BASIC COMPONENTS OF MRM
Chart 7 ARCHITECTURE OF MRM
Chart 8 MRM MARKET SEGMENTATION
Chart 9 PORTER 5 FORCES IN MRM
Chart 10 MARKET DYNAMICS – DRIVERS, RESTRAINTS, AND OPPORTUNITIES
Chart 11 DRO - IMPACT ANALYSIS OF MOBILE RESOURCE MANAGEMENT
Chart 12 MRM MARKET SHARE BY SOLUTIONS, 2017 AND 2023
Chart 13 DRIVER BEHAVIOR MANAGEMENT SOLUTIONS MARKET REVENUE, 2017-2023 ($MILLION)
Chart 14 ENTERPRISE ASSET MANAGEMENT MARKET REVENUE, 2017-2023 ($MILLION)
Chart 15 FLEET MANAGEMENT MARKET REVENUE, 2017-2023 ($MILLION)
Chart 16 FIELD SERVICE MANAGEMENT MARKET REVENUE, 2017-2023 ($MILLION)
Chart 17 MRM MARKET SHARE BY SERVICES, 2017 AND 2023 (% SHARE)
Chart 18 TRAINING MARKET REVENUE, 2017-2023 ($MILLION)
Chart 19 INSTALLATION AND IMPLEMENTATION MARKET REVENUE, 2017-2023 ($MILLION)
Chart 20 CONSULTING MARKET REVENUE, 2017-2023 ($MILLION)
Chart 21 MRM MARKET SHARE BY VERTICALS, 2017 AND 2023 (% SHARE)
Chart 22 GOVERNMENT SECTOR MARKET REVENUE, 2017-2023 ($MILLION)
Chart 23 UTILITIES MARKET REVENUE, 2017-2023 ($MILLION)
Chart 24 OIL & GAS MARKET REVENUE, 2017-2023 ($MILLION)
Chart 25 LOGISTICS MARKET REVENUE, 2017-2023 ($MILLION)
Chart 26 CONSTRUCTION MARKET REVENUE, 2017-2023 ($MILLION)
Chart 27 RETAIL MARKET REVENUE, 2017-2023 ($MILLION)
Chart 28 OTHERS MARKET REVENUE, 2017-2023 ($MILLION)
Chart 29 MRM MARKET SHARE BY REGIONS, 2017 AND 2023 (% SHARE)
Chart 30 AMERICAS MARKET REVENUE, 2017-2023 ($MILLION)
Chart 31 EUROPE MRM MARKET REVENUE, 2017-2023 ($MILLION)
Chart 32 ASIA PACIFIC MRM MARKET REVENUE, 2017-2023 ($MILLION)
Chart 33 MEA MRM MARKET REVENUE, 2017-2023 ($MILLION)
Chart 34 CALAMP: OVERVIEW SNAPSHOT
Chart 35 CALAMP: BUSINESS UNITS
Chart 36 CALAMP: GEOGRAPHIC PRESENCE
Chart 37 CALAMP: SWOT ANALYSIS
Chart 38 DESCARTES: OVERVIEW SNAPSHOT
Chart 39 DESCARTES: BUSINESS UNITS
Chart 40 DESCARTES: GEOGRAPHIC REVENUE
Chart 41 DESCARTES: SWOT ANALYSIS
Chart 42 TELENAV: OVERVIEW SNAPSHOT
Chart 43 TELENAV: BUSINESS UNITS
Chart 44 TELENAV: GEOGRAPHIC PRESENCE
Chart 45 TELENAV: SWOT ANALYSIS
Chart 46 TRIMBLE NAVIGATION: OVERVIEW SNAPSHOT
Chart 47 TRIMBLE NAVIGATION: BUSINESS UNITS
Chart 48 TRIMBLE NAVIGATION: GEOGRAPHICAL REVENUE
Chart 49 TRIMBLE NAVIGATION: SWOT ANALYSIS
Chart 50 AT & T: OVERVIEW SNAPSHOT
Chart 51 AT & T: BUSINESS UNITS
Chart 52 AT & T: GEOGRAPHIC REVENUE
Chart 53 AT&T: SWOT ANALYSIS


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