Industry, Logistics & Shipping

Fleet management systems in commercial vehicles in GCC to hit 12.5m by 2030

GOTHENBURG (Sweden)
 Fleet management systems in commercial vehicles in GCC to hit 12.5m by 2030

The leading IoT analyst firm Berg Insight presents a new research report covering fleet management in the Middle East focused on the Gulf Cooperation Council (GCC) countries and Turkey. The total number of active fleet management systems deployed in commercial vehicle fleets in the countries is forecasted to grow at a compound annual growth rate (CAGR) of 14.4 percent from about 6.4 million units at the end of 2025 to reach 12.5 million units by 2030.

The fleet management market in the Middle East is served by a range of vendors of varying sizes and origins. International players are not yet overly active across the region at large. The GCC market is more fragmented than Turkey. The top-10 players in the region together account for around half of the active units on the market, and more than a third is represented by the top-5 alone.

“Berg Insight ranks Arvento Mobile Systems and Mobiliz as the leading providers of fleet management solutions in the Middle East in terms of regional installed base”, said Rickard Andersson, Principal Analyst, Berg Insight.

Arvento and Mobiliz are both based in Turkey and have the lion’s shares of their respective installed bases in the domestic market, but have also expanded internationally to markets such as Saudi Arabia and the UAE.

“Other major players include N2Mobil, AFAQY, Infotech and Seyir Mobil, all having installed bases of at least a quarter of a million units in the region”, stated Andersson.

He pointed out that N2Mobil, Infotech and Seyir are all Turkish players focusing almost exclusively on the domestic market, while Saudi Arabia-based AFAQY is active across multiple GCC countries and beyond.

“The remaining top-10 players in the region are Uffizio, En Route Technologies, IoT Squared and Gurtam”, said Mr. Andersson. India-based Uffizio has grown in the Middle East with the strongest presence being in Saudi Arabia and the UAE. UAE-based En Route Technologies, the regional distributor in the Middle East for Flotilla IoT (Lead Time Telecom FZE), has a regional footprint across the GCC and beyond," he noted.

The Saudi company IoT Squared is a joint venture between the kingdom's soverteign wealth fund PIF and stc (Saudi Telecom Company) Group. The global white-label software developer Gurtam based in Lithuania further works with a range of partners offering its Wialon fleet management platform in various countries in the Middle East.

“Solution vendors just outside of the top-list moreover include Saudi Tracking Solutions, Tracking, Tracer, Safee, TrackEazy and VZone International, all having estimated installed bases of at least 100,000 units in the region”, said Andersson.

Saudi Tracking Solutions and Tracking are both based in Saudi Arabia while VZone and Safee are UAE-based. The latter has partnered with Fleet Management Systems International (FMSi) in the GCC region. Tracer is in turn a brand of Lateral EmSoft Technologies (LEMS) while TrackEazy is a product offered by PointMatrix IT Services (PMIS). LEMS and PMIS are both based in India and have local companies in the UAE.

Additional notable aftermarket players active in the region include local contenders such as Tatawwar, Saferoad, SaudiEx and QOAD in Saudi Arabia; FMS Tech, Location Solutions, QAT, SamTech, Dubai Technologies, MY GPS (Kvadrat Systems), FAMS and Truckoom in the UAE; and Satko in Turkey as well as international players including Utrax, Powerfleet, Cartrack and ZenduIT.

“These players all have estimated installed bases in the tens of thousands in the region”, added Andersson.