The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was almost 1.0 million units in Q4-2019 according to a new research report from the leading IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 13.5 percent, this number is expected to reach more than 1.8 million units by 2024. 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 70 percent of the active units on the market, and more than 40 percent is represented by the top-5.
“Berg Insight ranks Teletrac Navman as the largest provider in Australia and New Zealand”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that the company has surpassed the milestone of 100,000 units in Australia alone, holding a strong position also in New Zealand. “The runners-up are Australia-based MTData and New Zealand-based EROAD, followed by US-based Verizon Connect and Netstar Australia”, continued Mr. Andersson. Other notable vendors with comparably sizeable subscriber bases in the region include the local solution providers IntelliTrac and Smartrak as well as international players including MiX Telematics and 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, Coretex, Digital Matter, Procon Telematics, GPSengine and Simply Unified. Players just outside of the top-list moreover include Linxio, Directed Electronics Australia, Ctrack (Inseego), GPSi Group (GPS Innovations) and Fleetdynamics by Fleetcare. 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, Volvo Group, Scania, PACCAR/DAF, Toyota, Hino, Daimler, Mitsubishi and Iveco”, concluded Mr. Andersson.
In Australia, the first two Electronic Work Diaries (EWDs) were recently approved by the National Heavy Vehicle Regulator (NHVR). Following an announcement from the NHVR, Step Global and Teletrac Navman have been approved with conditions to provide EWDs from the beginning of December 2020. While such electronic recording systems are introduced on a voluntary basis, as an alternative to written work diaries, a broad rollout is anticipated on the Australian market. Berg Insight anticipates that the number of alternatives in the EWD approval register will grow as other technology providers increasingly submit systems to be approved by the NHVR.