Fleet Management in South Africa - 7th Edition

The installed base of FM systems in South Africa will reach 3.8 million units by 2028

How will the market for fleet management systems for commercial vehicles in South Africa evolve in 2024 and beyond? The report forecasts that the number of fleet management systems in active use in South Africa will grow at a CAGR of 10.3 percent from 2.3 million units at the end of 2023 to 3.8 million by 2028. The 120-page report covers also a comprehensive market outlook for the Rest of Africa. Get up to date with the latest information about vendors, products and markets.

A relatively strong growth period is expected for fleet management in South Africa in the years to come. The number of fleet management (FM) systems in active use is forecasted to grow at a compound annual growth rate (CAGR) of 10.3 percent from about 2.3 million units at the end of 2023 to reach 3.8 million units by 2028. The penetration rate in the total population of fleet vehicles used by businesses is at the same time estimated to increase from 47.3 percent in 2023 to 70.0 percent in 2028.

South Africa is a relatively mature telematics market and the penetration rate is comparably high from an international perspective. Far from all deployments are however full-scale advanced fleet management solutions. A notable share of the installed fleet telematics systems is represented by comparably low-end tracking systems, 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 players with broad telematics portfolios that together represent 70 percent of the total number of fleet management systems in use in the country.

Cartrack, Tracker and MiX by Powerfleet (formerly known as MiX Telematics prior to the business combination with Powerfleet) are ranked as the largest providers of fleet management solutions in South Africa. Cartrack alone has well over half a million active FM units in the country.

The remaining top-5 players are Ctrack and Netstar. Other top-10 players on the South African fleet management market include local providers such as Bidtrack (Bidvest Group), Digicell and GPS Tracking Solutions (Eqstra Fleet Management), as well as international players including Lytx and Webfleet (Bridgestone). Gurtam, Autotrak, Digital Matter, Scania and Powerfleet (excluding MiX by Powerfleet) are additional top-15 providers.

Players just outside of the top list with at least an estimated 10,000 units include Key Telematics (Radius), FleetCam, iCAM Video Telematics, Geotab, Mtrack (Electronic Tracking Systems) and Globaltrack. In addition to Scania, comparably large installed bases of OEM fleet telematics systems in South Africa have also been achieved by manufacturers such as Volvo Trucks, Daimler Truck and UD Trucks.

Highlights from the report:

• Insights from numerous interviews with market-leading companies.
• Data on vehicle populations and commercial fleets in South Africa and other African countries.
• Comprehensive overview of the fleet management value chain and key applications.
• In-depth analysis of market trends and key developments.
• Updated profiles of 29 aftermarket fleet management solution providers.
• Summary of OEM propositions from commercial vehicle brands.
• Market forecasts lasting until 2028.
• Outlook on the African fleet management market beyond South Africa

Key Questions Answered:

• How does the fleet management market in South Africa compare with other markets?
• What is the price level of fleet telematics solutions in South Africa?
• Which are the leading domestic providers of aftermarket fleet management solutions?
• What hurdles are there for foreign players?
• What offerings are available from commercial vehicle OEMs?
• Will the FM industry consolidate further during 2024-2025?
• Which international fleet management providers are targeting the South African market?
• How will the commercial vehicle telematics industry evolve in the future?

Fleet Management in South Africa is the foremost source of information about the Commercial Vehicle Telematics and Fleet Management market in this region. Whether you are a telematics vendor, vehicle manufacturer, telecom operator, investor, consultant, or government agency, you will gain valuable insights from this in-depth research