DUBLIN--(BUSINESS WIRE)--The "Fleet Management in South Africa - 6th Edition" report has been added to ResearchAndMarkets.com's offering.
South Africa's Fleet Management Systems Market Poised for Significant Growth, Forecasted to Reach 3.8 Million Units by 2027
The fleet management systems market for commercial vehicles in South Africa is set for a transformative evolution in 2023 and beyond, with remarkable growth projected over the coming years. According to expert analysts, the number of fleet management systems in active use in South Africa is expected to grow at an impressive CAGR of 12.2%, soaring from 2.1 million units at the end of 2022 to an estimated 3.8 million units by 2027.
South Africa's telematics market is recognized as relatively mature, boasting a comparably high penetration rate from an international perspective. However, not all deployments are full-scale advanced fleet management solutions, with a notable share represented by comparably low-end tracking systems, including light FM solutions and SVR systems extended with basic FM features.
Leading the market landscape, five domestic players hold a firm grip, accounting for a substantial 70 percent of the total number of fleet management systems in use in the country. Cartrack, Tracker, and MiX Telematics have been ranked as the largest providers of fleet management solutions in South Africa, with Cartrack alone boasting over half a million active FM units.
Other prominent players include Ctrack, Netstar, Bidtrack (Bidvest Group), Digicell, GPS Tracking Solutions (Eqstra Fleet Management), as well as international players like Webfleet (Bridgestone) and Gurtam.
The comprehensive report also covers an outlook on the overall African market, emphasizing South Africa's advanced position in fleet telematics adoption compared to other regions on the continent. While Northern Africa shows commendable progress in fleet telematics penetration, Sub-Saharan Africa, excluding South Africa, remains the least developed region.
Industry representatives acknowledge that the Rest of Africa market presents challenging business environments due to weak economic conditions, foreign exchange rate fluctuations, and unstable political climates. Nevertheless, players who adapt to local market dynamics can unlock untapped opportunities in the region.
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 2027.
- Outlook on the African fleet management market beyond South Africa.
This report answers the following questions:
- 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?
- Which international fleet management providers are targeting the South African market?
- What hurdles are there for foreign players?
- What offerings are available from commercial vehicle OEMs?
- Will the FM industry consolidate further during 2023-2024?
- How will the commercial vehicle telematics industry evolve in the future?
Key Topics Covered:
Executive Summary
1 Fleet Management Solutions
1.1 Fleet management infrastructure
1.1.1 Vehicle segment
1.1.2 GNSS segment
1.1.3 Network segment
1.1.4 Backoffice segment
1.2 Vehicle management
1.2.1 Vehicle diagnostics and maintenance planning
1.2.2 Security tracking
1.2.3 Tire pressure monitoring systems
1.3 Driver management
1.3.1 Driving data registration and analysis
1.3.2 Video-based driver monitoring
1.3.3 Eco-driving schemes
1.3.4 Insurance risk management
1.4 Operations management
1.4.1 Routing and navigation
1.4.2 Transport management
1.4.3 Mobile workforce management
1.5 Regulatory compliance and reporting
1.5.1 Driver working hours, logbooks and tachographs
1.5.2 Electronic toll collection - e-toll and e-tags
1.5.3 SARS travel logbooks
1.5.4 Traffic fine management and demerit points - AARTO
1.5.5 Road Transport Management System (RTMS)
1.5.6 Distracted driving
1.5.7 Special transports
1.6 Business models
2 Market Forecasts and Trends
2.1 Market analysis
2.1.1 The South African vehicle market
2.1.2 Fleet management market forecast
2.1.3 Fleet management vendor market shares
2.1.4 Local market characteristics in South Africa
2.2 Market drivers and barriers
2.2.1 Macroeconomic environment
2.2.2 Regulatory environment
2.2.3 Competitive environment
2.2.4 Technology environment
2.3 Value chain analysis
2.3.1 Telematics industry players
2.3.2 Automotive industry players
2.3.3 Telecom industry players
2.3.4 IT industry players
2.4 Future industry trends
2.5 African fleet management market outlook
2.5.1 Leading South African telematics players active in the Rest of Africa
2.5.2 Other African fleet management providers and distributors
2.5.3 International players active on the African fleet management market
2.5.4 OEM fleet telematics offerings in Africa
2.5.5 The African vehicle market
2.5.6 Analysis of the fleet management market in the Rest of Africa
2.5.7 The size of the African fleet management market
3 Company Profiles and Strategies
3.1 International aftermarket solution providers
3.1.1 Cartrack (Karooooo)
3.1.2 Geotab
3.1.3 Gurtam
3.1.4 Lytx
3.1.5 MiX Telematics
3.1.6 Powerfleet
3.1.7 Webfleet (Bridgestone)
3.2 Local aftermarket solution providers
3.2.1 ACM Track
3.2.2 Afrisist and PFK
3.2.3 Afritelematics
3.2.4 Autotrak
3.2.5 Bidtrack (Bidvest Group)
3.2.6 Ctrack
3.2.7 Digicell
3.2.8 Digital Matter
3.2.9 FleetCam
3.2.10 Fleetkor
3.2.11 Globaltrack
3.2.12 Gosafe Tracking Solutions SA
3.2.13 GPS Tracking Solutions (Eqstra Fleet Management)
3.2.14 iCAM Video Telematics
3.2.15 Key Telematics and Radius Payment Solutions
3.2.16 Mtrack (Electronic Tracking Systems)
3.2.17 Netstar
3.2.18 Pointer SA (Powerfleet)
3.2.19 Real Telematics
3.2.20 SmartSurv Wireless
3.2.21 Tracker Connect
3.2.22 Trackmatic
For more information about this report visit https://www.researchandmarkets.com/r/r9pk96
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