The Installed Base of Fleet Management Systems in Australia and New Zealand to Exceed 2.3 Million Units by 2026
How will the market for fleet management systems for commercial vehicles in Australia and New Zealand evolve in 2023 and beyond? The report covers the latest trends and developments in the dynamic telematics industry. The analyst forecasts that the number of fleet management systems in active use in Australia and New Zealand will grow at a CAGR of 12.5 percent from about 1.3 million units at the end of 2021 to more than 2.3 million by 2026. Get up to date with the latest information about vendors, products and markets.
Installed Base of Active Fleet Management Units (Australia & New Zealand 2021-2026)
The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.3 million units in Q4-2021 according to this new research report. Growing at a compound annual growth rate (CAGR) of 12.5 percent, this number is expected to reach more than 2.3 million units by 2026. A large number of vendors are active in the fleet management market in Australia and New Zealand. The top-15 players in the region together account for over 60 percent of the active units on the market, and more than a third is represented by the top-5 alone.
“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”, said Rickard Andersson, Principal Analyst. The analyst still ranks US-based Teletrac Navman (part of Vontier) as the largest provider of fleet management solutions in the region, followed closely by New Zealand-based EROAD (including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra). “Teletrac Navman was the first to reach 100,000 units in the region and this milestone has now also been achieved by EROAD and MTData”, 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 (now Rand McNally), IntelliTrac and Linxio and New Zealand-based Smartrak (Constellation Software), 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 Webfleet (Bridgestone), Procon Telematics, Digital Matter and Sensium. Solution vendors just outside of the analyst's top list moreover include Simply Unified, TrackIt, Directed Electronics Australia, Fleetdynamics by Fleetcare and Inseego. “Directed Electronics Australia notably works with a large number of commercial vehicle OEMs on the local market”, concluded Mr. Andersson.
Highlights from the report:
- Insights from numerous interviews with market-leading companies.
- New data on vehicle populations and commercial fleets in Australia and New Zealand.
- Comprehensive overview of the fleet management value chain and key applications.
- In-depth analysis of market trends and key developments.
- Updated profiles of 32 aftermarket fleet management solution providers.
- Summary of OEM propositions from commercial vehicle brands.
- Market forecasts lasting until 2026.
This report answers the following questions
- Which are the leading local providers of aftermarket fleet management solutions?
- Which international fleet management providers are targeting Australia and New Zealand?
- What hurdles are there for foreign players?
- What offerings are available from commercial vehicle OEMs?
- What is the price level of fleet telematics solutions in the region?
- Will the FM industry consolidate further during 2023-2024?
- How will the commercial vehicle telematics industry evolve in the future?
Who should read this report?
Fleet Management in Australia and New Zealand 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 our in-depth research.
Table of Contents
Executive Summary
Samples
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Companies Mentioned
A selection of companies mentioned in this report includes:
- Argus Tracking (Banyan Software)
- Bigmate
- BlackBox Control
- Blackhawk
- Digital Matter
- Directed Electronics Australia
- EROAD
- Fleet Complete
- Fleetdynamics (Fleetcare)
- Fleetsu (Rand McNally)
- Future Fleet
- Geotab
- GPSi Group (GPS Innovations)
- Inseego
- IntelliTrac
- Kynection
- Linxio
- MiX Telematics
- MTData
- Netcorp GPS
- Netstar Australia
- Picobyte
- Procon Telematics
- Sensium
- Simply Unified
- Smartrak (Constellation Software)
- Teletrac Navman
- TrackIt
- Trimble
- TurboTrack
- Verizon Connect
- Webfleet (Bridgestone)
Methodology
The Internet of Things is very diverse. There are hundreds of different use cases, each with different dynamics. The starting point is to segment the market.
The analyst begins with a number of sectors: Automotive, Cities, Health, Industry, Home, Industrial, Energy, Retail and Consumer Electronics. Each of these sectors breaks down into a number of applications. In total across all sectors, the analyst examines around 150 separate applications. It is at this application level that they generate their IoT forecast. The analyst builds reliable data bottom-up. They take into consideration the current adoption rate, regulations, demographics, vertical-specific statistics, value chain structure, etc.
The rigorous data collection methods are based on first-hand and secondary sources. The analyst conducts many hundreds of executive interviews on a yearly basis with companies from all parts of the IoT value chain. They talk to on a regular basis all major mobile operator groups and regulators as well as the chipset, module, and terminal vendors. They also interview many companies in each of the vertical markets.
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