{"id":4685,"date":"2020-12-11T13:43:09","date_gmt":"2020-12-11T08:13:09","guid":{"rendered":"https:\/\/loconav.com\/blog\/?p=4685"},"modified":"2020-12-22T17:36:41","modified_gmt":"2020-12-22T12:06:41","slug":"analysing-fleet-management-market-in-south-africa","status":"publish","type":"post","link":"https:\/\/loconav.com\/blog\/analysing-fleet-management-market-in-south-africa\/","title":{"rendered":"Analysing The Market Of Fleet Management In South Africa"},"content":{"rendered":"

As per the new study published by the IoT analyst firm Berg Insight, the installed base of fleet management systems<\/a><\/span> is likely to reach 1.9 million units by 2021 even after the country\u2019s weak economic performance. Several other insights are given in this report according to which it is clear that the fleet management industry in South Africa is in a growing period and will continue to grow in the coming years. Considering all the non-privately owned fleet vehicles employed for businesses, the penetration rate will increase to 39.65 from 24.1%\u00a0 in the next one year. However, it is worth mentioning that not all these fleet management systems are advanced solutions, some of them are low-end tracking systems like stolen vehicle recovery systems that require only basic fleet management features.<\/p>\n

Reports reveal that the fleet management sector of South Africa is highly competitive from an international perspective. The market of fleet management in this country is controlled and dominated mostly by a group of some telematics players. All of them are headquartered in South Africa and have installed bases of more than 1 lakh fleet management units each in the domestic market.<\/p>\n

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Manage your fleet efficiently with LocoNav’s Fleet Management Solutions!<\/h3>\n