Fleet Management in South Africa 5th Edition

Fleet Management in South Africa 5th Edition

Fleet Management in South Africa is the fifth consecutive report from Berg Insight analysing the latest developments on the South African fleet management market. The report also includes an outlook on the rest of the African market beyond South Africa. This strategic research report from Berg Insight provides you with 120 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.

Fleet Management in South Africa 5th Edition

Berg Insight expects a strong growth period for fleet management in South Africa in the yearsto come. The number of FM systems in active use is forecasted to grow at a compoundannual growth rate (CAGR) of 12.6 percent from about 2.0 million units at the end of 2021 toreach 3.6 million units by 2026. The penetration rate in the total population of fleet vehiclesused by businesses is at the same time estimated to increase from 41.5 percent in 2021 to68.0 percent in 2026. South Africa is a relatively mature telematics market and the penetrationrate is comparably high from an international perspective. Far from all deployments arehowever full-scale advanced FM solutions. A notable share of the installed fleet telematicssystems on the South African market is represented by comparably low-end trackingsystems, e.g. light FM solutions, including SVR systems extended with basic FM features.The South African fleet management market is clearly dominated by five domestic playerswith broad telematics portfolios that together represent 70 percent of the total number of fleetmanagement systems in use in the country. Berg Insight ranks Cartrack and MiX Telematicsas the largest providers of fleet management solutions in South Africa. Cartrack alone hasmore than half a million active FM units in the country. The remaining top-5 players areTracker, Netstar and Ctrack. Other top-10 players on the South African fleet managementmarket include local providers such as Bidtrack (Bidvest Group), Digicell and GPS TrackingSolutions (Eqstra Fleet Management), as well as international players including WebfleetSolutions (Bridgestone) and Gurtam. Autotrak, Digital Matter, PFK Electronics, KeyTelematics/Radius Payment Solutions and Pointer SA (PowerFleet) are additional top-15providers, all having estimated installed bases of at least 15,000 fleet management units inthe country. Players just outside of the top list include Mtrack (Electronic Tracking Systems),Geotab and Globaltrack. International commercial vehicle OEMs including Scania, Daimler,Volvo Trucks, UD Trucks, MAN and Toyota have further all introduced fleet telematicssolutions in South Africa.