• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • SCB YouTube
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Wide Sales Predicted in Mobile Resource Management Solutions Over Next Five Years

Wide Sales Predicted in Mobile Resource Management Solutions Over Next Five Years

October 10, 2011
ARC Advisory Group

The worldwide market for advanced mobile resource management (MRM) solutions is forecast to grow 35 percent over the next five years, representing a compound annual growth rate of 6.2 percent, according to a new ARC Advisory Group study.

A range of suppliers experienced a reduction in revenues during the recent global economic downturn.  However, many of these same suppliers have more recently reported substantial revenue growth.  This growth trend is expected to continue due to increased adoption being driven by numerous factors, including advancement in supporting technologies. "The price reduction of on-board devices and the enhancement of terrestrial-based communications have made advanced mobile resource management solutions more cost-effective, leading to increased adoption and an expansion of the addressable market," according to enterprise software analyst Clint Reiser, the principal author of ARC's "Advanced Mobile Resource Management Worldwide Outlook."

The federal compliance, safety, and accountability (CSA) initiative will closely monitor motor carrier safety metrics.  It also requires motor carriers that fail to meet the program's guidelines to adopt and utilize electronic on-board recorders (EOBRs).  Many carriers are voluntarily adopting advanced MRM solutions that utilize EOBRs to capture vehicle data and driver activity.  This trend is expected to continue.  In addition, the mandated adoption of EOBRs is expected to drive additional adoption of advanced MRM solutions when this section of the regulation becomes effective in 2012.  ARC believes these regulations have already influenced recently reported sales increases by leading providers such as Qualcomm and XATA.

The range of advanced MRM applications available has expanded and the ability to analyze and report on information has progressed considerably.  In addition, advanced MRM applications are now being integrated with other enterprise applications to deliver additional value.  For example, vehicle location and track-and-trace functionality is being integrated with planning and scheduling applications to deliver dynamic routing functionality.  These advancements have enabled advanced MRM applications to serve as a multifaceted platform for fleet and asset management, improving their value proposition and leading to increased adoption.

ARC expects high growth rates in advanced MRM sales within Asia and Latin America.  In addition, consumer use of closely related automatic vehicle location solutions is rising in many of these regions.

Source: ARC Advisory Group

    RELATED CONTENT

    RELATED VIDEOS

    Logistics Global Logistics Logistics Outsourcing LTL/Truckload Services Transportation & Distribution Transportation Management Technology
    KEYWORDS Global Logistics Logistics Logistics Outsourcing LTL/Truckload Services RFID & Barcode Technology Transportation & Distribution Transportation Management
    • Related Directories

      Kuebix

    ARC Advisory Group

    Prescriptive Analytics to Be 'Crucial' for Industrial Internet of Things

    More from this author

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Popular Stories

    • A HAND HOLDS A CELL PHONE IN FRONT OF A LAPTOP. A FLOATING QR CODE CAN BE SEEN BETWEEN THE PHONE AND LAPTOP.

      The Mysterious Case of the Disappearing QR Code

      Data Management (Big Data/IoT/Blockchain)
    • A  PERSON'S HANDS CAN BE SEEN WORKING AT A LAPTOP WITH PROJECTIONS OF CHARTS, GRAPHS AND METRICS HOVERING ABOVE THE HANDS.

      Amidst Another Disappointing Peak Season, Manufacturers Increasingly Look to Data

      Air Cargo
    • On-Demand-Webinar-Deloitte-Ep1of6-Sep-26.jpg

      Navigating to Net-Zero: Procurement's Role in Supplier Emissions

      Webinars
    • A WORKER IN COLD WEATHER GEAR WRITES ON A CLIPBOARD IN A WAREHOUSE

      Automating the Cold-Chain Warehouse

      Business Strategy Alignment
    • Multiple cars are being put together by robotic arms on an assembly line inside of a factory. Photo: iStock.com/Traimak_Ivan

      Podcast | Will an Investment ‘Supercycle’ Spark the Revival of American Manufacturing?

      Sourcing/Procurement/SRM

    Digital Edition

    Scb august 2023 lg

    2023 100 Great Supply Chain Partners

    VIEW THE LATEST ISSUE

    Case Studies

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    • New Revenue for Cloud-Based TMS that Embeds Orderful’s Modern EDI Platform

    • Convenience Store Client Maximizes Profit and Improves Customer Service

    • A Digitally Native Footwear Brand Finds Rapid Fulfillment

    Visit Our Sponsors

    Antuit Zebra Anvyl AutoStore
    BEUMER Group Blue Ridge Global Brother
    CHEP Cleo Coenterprise
    Data Capture E2open Enveyo
    Eva Air ForwardX Robotics Frayt
    GAINSystems Generix Geodis
    GEP Global Supply Chain Marketing Summit GreyOrange
    Here Holman Logistics Infor
    Inmar Kinaxis Lexis Nexis
    Locus Robotics Logility LogistiVIEW
    Lucas Systems MCA Connect MPO
    Old Dominion OneRail Overhaul
    PartnerLinQ (Visionet) Port of Virginia Ryder E-commerce by Whiplash
    Saddle Creek Logistics SAP Shyft
    Sourcemap SPS Commerce Tecsys
    TGW Systems Thomson Reuters Veho
    Verusen Walmart Workshop
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Your Subscription
      • Newsletters
    • Resources
      • Events Calendar
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2023 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing