The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was almost 0.8 million in Q4-2017 according to a new research report from Berg Insight.
Growing at a compound annual growth rate (CAGR) of 16.4 percent, this number is expected to reach nearly 1.7 million by 2022.
A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers. Though there is a myriad of very small players, the number of providers with large installed bases in the region is however relatively limited and the market is comparably consolidated in terms of market share. The top-10 players in Australia and New Zealand account for almost 60 percent of the active units on the market, and more than 40 percent is even represented by the top-5.
Berg Insight ranks Teletrac Navman as the largest solution vendor in Australia and New Zealand, being the only player which has surpassed the milestone of 100,000 active units in the region.
Rickard Andersson, Principal Analyst, Berg Insight, said:
“The runners-up are Verizon Connect, EROAD, MTData and Netstar based in the US, New Zealand, Australia and South Africa respectively.”
He adds that MTData is now owned by the Australian operator Telstra since 2017. Other vendors with comparably sizeable subscriber bases in Australia and New Zealand include the local suppliers IntelliTrac, Smartrak, Coretex and Digital Matter, as well as international players including MiX Telematics and Fleet Complete.
“Also a notable number of commercial vehicle OEMs have introduced fleet telematics solutions in the region, either independently or through partnerships with established telematics providers”, continued Mr. Andersson.
Examples include Isuzu, Volvo Trucks, UD Trucks, Scania, PACCAR, Toyota, Hino, Mercedes-Benz and Mitsubishi. Additional players including international aftermarket telematics providers and vehicle manufacturers as well as local actors are expected to expand in the market in the coming years.
“The fleet management market in Australia and New Zealand is currently influenced positively by a number of different drivers including regulatory developments related to health and safety regulations, chain of responsibility legislation and road user charges”, concluded Mr. Andersson.