Global Mobile Resource Management (MRM) Solutions Market to Reach $15.4 Billion by 2030
The global market for Mobile Resource Management (MRM) Solutions estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$15.4 Billion by 2030, growing at a CAGR of 9.1% over the analysis period 2022-2030. Local & Short Haul Fleets, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$6.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portable GPS Devices segment is readjusted to a revised 10.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 14.5% CAGR
The Mobile Resource Management (MRM) Solutions market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 14.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.Select Competitors (Total 118 Featured) -
- AppLocation Systems, Inc.
- AT&T, Inc.
- CalAmp Corp.
- Garmin International, Inc.
- Masternaut
- PeopleNet Communications Corp.
- SkyBitz, Inc.
- Spireon, Inc.
- Telenav, Inc.
- Teletrac Navman Group
- Telogis, Inc.
- The Descartes Systems Group, Inc.
- Transics International NV
- Trimble, Inc.
- Verizon Communications, Inc.)
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AppLocation Systems, Inc.
- AT&T, Inc.
- CalAmp Corp.
- Garmin International, Inc.
- Masternaut
- PeopleNet Communications Corp.
- SkyBitz, Inc.
- Spireon, Inc.
- Telenav, Inc.
- Teletrac Navman Group
- Telogis, Inc.
- The Descartes Systems Group, Inc.
- Transics International NV
- Trimble, Inc.
- Verizon Communications, Inc.)
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 311 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 6.7 Billion |
Forecasted Market Value ( USD | $ 11.7 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |