Africa vehicle tracking market to reach $26.53 million by 2027

Allied Market Research projects the Africa vehicle tracking system market will grow from $8.99 million in 2019 to $26.53 million by 2027, driven by smart transport adoption, fleet expansion and safety demand. The report says Ivory Coast leads now, while Rwanda is set to post the fastest growth.

Why it matters: - Vehicle tracking is moving from a niche fleet tool to a broader transportation and telematics market across Africa. - The market’s projected jump from $8.99 million in 2019 to $26.53 million by 2027 points to rising demand for safety, security and operational efficiency. - Growth could create more room for telematics providers, OEMs, insurers and logistics operators to adopt connected-vehicle services.

What happened: - Allied Market Research released a report on the Africa vehicle tracking system market covering 2020–2027. - The report values the market at $8.99 million in 2019 and forecasts $26.53 million by 2027. - The market is projected to grow at a CAGR of 14.9% from 2020 to 2027. - Ivory Coast currently dominates the Africa market. - Rwanda is expected to grow at the fastest CAGR during the forecast period.

The details: - Adoption of smart transport solutions is a key growth driver. - Expansion of fleet operations, especially in emerging markets, is expected to lift revenue. - Vehicle tracking systems are gaining demand because they support safety and security in transportation services. - A broad mix of tracking solutions and value-added services is attracting new players, new solutions and new business models. - Automotive OEMs and major car manufacturers have begun implementing connectivity solutions. - Solid waste management operators are using vehicle tracking and telematics for bin management, task scheduling and exception management. - Insurance telematics remains an untapped opportunity in much of the region. - By application, cellular tracking generated the highest revenue in 2019. - By vehicle type, passenger vehicles led the market in 2019. - By industry vertical, transportation and logistics led the market. - The report profiles AT&T Inc., Cartrack Holdings Limited, Continental AG, Geotab Inc., Inseego Corp., ORBCOMM, Robert Bosch GmbH, Ruptela, TomTom International N.V., Verizon Communications Inc., Frotcom, Tramigo, Teltonika, Nsoroma and Geo Tracking. - The report also provides sample pages at Get research report sample pages. - Complete report purchase options are available at Procure complete research report now. - A purchase inquiry form is available at Inquire before buying.

Between the lines: - The report suggests Africa’s vehicle tracking market is still early in its growth curve, with several adjacent use cases still underpenetrated. - 5G could expand the market beyond basic tracking by enabling vehicle-to-vehicle and vehicle-to-infrastructure communication, real-time software updates and new in-vehicle applications. - The report’s framing shows a shift from simple location monitoring to broader telematics platforms tied to mobility, automation and data services. - COVID-19 disrupted the market by affecting supply chains, halting manufacturing and reducing access to skilled labor.

What's next: - Rwanda is expected to remain the fastest-growing country market through the forecast period. - Demand should continue to build around fleet management, connected-vehicle services and insurance telematics. - Further adoption of 5G could accelerate new vehicle applications and real-time communications capabilities.

The bottom line: - Africa’s vehicle tracking market is small today, but the report points to strong growth potential as fleet digitization and connected mobility expand.