Other advantages of investing in mobile resource management include automatic vehicle tracking, strategic delivery planning, driver behaviour monitoring, and fuel-efficiency maintenance. Furthermore, the Mobile Resource Management (MRM) Solution Market facilitates real-time communication in areas such as deliveries, on-site inspection, and inventory maintenance, thereby increasing efficiency and improving organisational profitability.
Asset tracking has a significant opportunity for growth in industries such as pharmaceuticals, waste disposal containers, and medical shipments. The technological shift from hardware to 3G and 4G cellular services, as well as lower hardware costs and wireless data, all contribute to increased demand for the MRM market. The introduction of GPS and GIS devices has increased vehicle fleet integration, assisting with vehicle tracking and routing. Cloud computing is also used to convert data from one format to another.