C.J. Driscoll & Associates
|
Licht & Associates
|
|||||
By:
|
/s/ Clement J. Driscoll
|
By:
|
/s/ Mark Licht
|
|||
Name:
|
Clem Driscoll
|
Name:
|
Mark Licht
|
|||
Title:
|
Founder and Managing Partner
|
Title:
|
President
|
|||
Date:
|
2/6/13
|
Date
|
2/6/2013
|
·
|
In 2012 globally there were approximately 13.8 million subscribers to MRM services and forecasted that the number of subscribers will grow to approximately 32 million by 2016.
|
·
|
There are currently approximately 5.7 million mobile data devices in service in MRM systems, which number is projected to grow to approximately 9.0 million by the end of 2015.
|
·
|
In 2011, the global penetration rate of MRM systems was approximately 7%. The global penetration rate is forecasted to grow to approximately 14% by 2016.
|
·
|
In the United States, which is the most advanced market, the penetration rate was approximately 15% in 2011.
|
·
|
Based on market, technology and regulatory developments in the past several years, the U.S. market penetration rate is projected to reach approximately 27% of all fleets by 2016.
|