The number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.1 million in Q4-2022, according to a study from Berg Insight. Growing at a compound annual growth rate (CAGR) of 12.2 percent, this number is expected to reach 3.8 million by 2027.
South Africa is a relatively mature telematics market and the penetration rate is comparably high from an international perspective, the study said. “A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light FM solutions, including SVR systems extended with basic FM features,” according to the study.
Berg says the South African fleet management market is dominated by five domestic players with broad telematics portfolios that represent 70 percent of the total fleet management systems in use in the country. “Berg Insight ranks Cartrack, Tracker and MiX Telematics as the largest providers of fleet management solutions in South Africa,” said Rickard Andersson, Berg Insight’s principal analyst.
Rounding out the top five are Ctrack and Netstar. For its part, Cartrack has more than a half million FM units installed in the country, Berg says. Other large players in the market include Bidtrack, Digicell, GPS Tracking Solutions, Webfleet and Gurtam.
Contact: Johan Fagerberg, Berg Insight, 46317113091, email@example.com