The number of active fleet management systems in South Africa is forecasted to reach more than 3 million users by 2023, a 15% increase from 1.6 million units at the end of 2018, according to a report by Berg Insight.
The penetration rate of fleet vehicles used by businesses in South Africa is at the same time estimated to increase from 34.6% in 2018 to 63.1% by 2023, according to the same report.
The report also said South Africa is a relatively mature telematics market and the penetration is comparably high from an international perspective, according to Berg Insight. A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light fleet management solutions, including stolen vehicle recovery systems extended with basic fleet management features.
Berg Insight ranks Cartrack and MiX Telematics as the largest providers of fleet management solutions in South Africa, together having more than 0.5 million active units in the country.