The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.2 million units in Q4-2020 according to a new research report from the leading IoT analyst firm Berg Insight.
Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach more than 2.4 million units by 2025. 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. The top-15 players in Australia and New Zealand account for over 60 percent of the active units on the market, and more than a third is represented by the top-5.
Rickard Andersson, Principal Analyst, Berg Insight, said:
“Berg Insight still ranks Teletrac Navman as the largest solution provider in the region today, followed closely by Australia-based MTData and New Zealand-based EROAD.”
US-based Teletrac Navman was the first to surpass the milestone of 100,000 units in the region. “MTData, which is owned by Telstra, has now also reached this range, and EROAD is in a similar order of magnitude following the acquisition of Coretex which was completed last week”, continued Mr. Andersson. He adds that the remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia.
Other notable vendors with comparably sizeable subscriber bases in the region include local solution providers such as Australia-based Fleetsu and IntelliTrac and New Zealand-based Argus Tracking and Smartrak, as well as international players including South Africa-based MiX Telematics and Canada-based Fleet Complete. The latter entered the region through the acquisition of Geotab’s reseller Securatrak. Additional top-15 players in Australia and New Zealand are Bridgestone’s Webfleet Solutions, Procon Telematics, Linxio and Sensium. Solution vendors outside of the top-list moreover include Simply Unified, TrackIt, Digital Matter, Directed Electronics Australia, Fleetdynamics by Fleetcare, Inseego and Trimble. Directed Electronics Australia notably works with a large number of commercial vehicle OEMs on the local market.
“OEMs which have introduced fleet telematics solutions in the region independently or through partnerships include Isuzu, Toyota, Hino, Volvo Group, Daimler, PACCAR, Scania, Iveco and Mitsubishi”, concluded Mr. Andersson.