Fleet Management in Australia and New Zealand 9th Edition

Fleet Management in Australia and New Zealand 9th Edition

Fleet Management in Australia and New Zealand is the ninthconsecutive report from Berg Insight analysing the latestdevelopments on the commercial vehicle telematics market in thisregion. This strategic research report from Berg Insight providesyou with 155 pages of unique business intelligence including 5-yearindustry forecasts and expert commentary on which to base yourbusiness decisions.

Fleet Management in Australia and New Zealand 9th Edition

The market for fleet management (FM) solutions in Australia and New Zealand (ANZ) has beenin a growth period for many years. The global recession associated with the COVID-19 pandemicslowed down activities in 2020–2021 to some extent and the economic climate has beenchallenging in recent years but the current outlook is positive for the sector. The total number ofFM systems in active use in the ANZ region is forecasted to grow at a compound annual growthrate (CAGR) of 11.5 percent from about 1.6 million units in 2023 to reach 2.7 million units by2028. The penetration rate in the total population of fleet vehicles used by businesses is at thesame time estimated to increase from 26.6 percent in 2023 to 39.5 percent in 2028. The fleettelematics market in the region is influenced positively by regulatory developments related tohealth and safety regulations, chain of responsibility legislation, electronic work diaries and roaduser charges.

A large number of vendors are active on the FM market in Australia and New Zealand. BergInsight ranks Teletrac Navman, EROAD and MTData as the largest providers of FM solutions inthe ANZ region. US-based Teletrac Navman (part of Vontier) was the first to reach 100,000 unitsin the region and this milestone has also been achieved by New Zealand-based EROAD(including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra). The remaining top-5 solution providers in the ANZ region are US-based Verizon Connect and NetstarAustralia. Canada-based Geotab is now also a key player in the region, achieving significantgrowth especially in Australia. Other notable vendors with estimated installed bases of at least40,000 active units in the region include local solution providers such as Australia-based Linxioand IntelliTrac and New Zealand-based Smartrak (Constellation Software), as well asinternational players including South Africa-based MiX by Powerfleet (formerly MiX Telematics).The latter was acquired by Powerfleet, based in the US, in a deal finalised in April 2024.Powerfleet later also acquired Fleet Complete in October 2024. Canada-based Fleet Completeitself entered the ANZ region through the acquisition of Geotab’s reseller Securatrak almost adecade ago. US-based Rand McNally which acquired Fleetsu in Australia in 2022 is now also anotable player in the region. Additional top-15 players in the ANZ region are Digital Matter andProcon Telematics as well as Fleetdynamics by Fleetcare and Directed Technologies (DirectedElectronics Australia). Directed Technologies notably works with a large number of commercialvehicle OEMs in the local market. OEMs which have launched fleet telematics solutions in theANZ region independently or through partnerships include UD Trucks/Isuzu Group, Toyota,Hino, Mitsubishi, PACCAR, Volvo Group, Daimler Truck, Fuso, Scania, MAN and Iveco.