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Telematics Penetration to Reach 34.7% by 2021, Generating $0.4 Billion
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The aim of this study is to research, analyze, and forecast the commercial vehicle telematics market in South Africa. The major focus is on market trends in services, solutions, and technologies for specific segments such as light commercial vehicles, medium commercial vehicles, and heavy and extra heavy commercial vehicles. The study highlights the fleet size telematics penetration and offers an opportunity analysis by segment, application, business model, and province. Additionally, market drivers and restraints for fleet management systems are highlighted, and the market’s key predictions have been analyzed. The forecast period is from 2015 to 2021, with 2014 as the base year.
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