The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was 0.5 million in quarter four of 2015 according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 16.0 percent, this number is expected to reach 1.1 million by 2020.
The fleet management market in Australia and New Zealand is today influenced positively by a number of different market drivers including regulatory developm
The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was 0.5 million in quarter four of 2015 according to a new research report from the M2M/IoT analyst firm 3849 Berg Insight. Growing at a compound annual growth rate (CAGR) of 16.0 percent, this number is expected to reach 1.1 million by 2020.
The fleet management market in Australia and New Zealand is today influenced positively by a number of different market drivers including regulatory developments such as health and safety regulations, road user charges and electronic work diaries.
According to Rickard Andersson, senior analyst, Berg Insight, the fleet management solution market in Australia and New Zealand is served by a variety of players ranging from small local vendors to leading international solution providers. Teletrac Navman is established as the leading provider in terms of subscriber base in the region, holding a strong position in both Australia and New Zealand.
He adds that other major players on the market include EROAD, IntelliTrac, MTData and Smartrak which are all based in the region
The local suppliers Ezy2c and Coretex as well as the international vendors MiX Telematics, Ctrack and Geotab also have comparably strong presence. A number of commercial vehicle OEMs have also launched fleet management offerings for vehicles marketed in the region either independently or working in partnership with a telematics supplier.
“The adoption levels for the OEM telematics initiatives however remain relatively modest and the market is so far clearly dominated by aftermarket solution providers serving fleets directly”, concluded Andersson.
The fleet management market in Australia and New Zealand is today influenced positively by a number of different market drivers including regulatory developments such as health and safety regulations, road user charges and electronic work diaries.
According to Rickard Andersson, senior analyst, Berg Insight, the fleet management solution market in Australia and New Zealand is served by a variety of players ranging from small local vendors to leading international solution providers. Teletrac Navman is established as the leading provider in terms of subscriber base in the region, holding a strong position in both Australia and New Zealand.
He adds that other major players on the market include EROAD, IntelliTrac, MTData and Smartrak which are all based in the region
The local suppliers Ezy2c and Coretex as well as the international vendors MiX Telematics, Ctrack and Geotab also have comparably strong presence. A number of commercial vehicle OEMs have also launched fleet management offerings for vehicles marketed in the region either independently or working in partnership with a telematics supplier.
“The adoption levels for the OEM telematics initiatives however remain relatively modest and the market is so far clearly dominated by aftermarket solution providers serving fleets directly”, concluded Andersson.
