Vanuatu Air transport, freight (million ton-km)
| Label | Total | Tracking | Optimization | ADAS | Diagnostic |
|---|---|---|---|---|---|
| 2018 | 12.2 USD Mn | 4.7 USD Mn | 2.6 USD Mn | 3.4 USD Mn | 1.5 USD Mn |
| 2019 | 13.2 USD Mn | 5.1 USD Mn | 2.8 USD Mn | 3.7 USD Mn | 1.6 USD Mn |
| 2020 | 12.7 USD Mn | 4.9 USD Mn | 2.7 USD Mn | 3.5 USD Mn | 1.6 USD Mn |
| 2021 | 13.8 USD Mn | 5.3 USD Mn | 3 USD Mn | 3.8 USD Mn | 1.7 USD Mn |
| 2022 | 15 USD Mn | 5.7 USD Mn | 3.2 USD Mn | 4.2 USD Mn | 1.9 USD Mn |
| 2023 | 16.4 USD Mn | 6.2 USD Mn | 3.5 USD Mn | 4.6 USD Mn | 2 USD Mn |
| 2024 | 17.9 USD Mn | 6.8 USD Mn | 3.8 USD Mn | 5.1 USD Mn | 2.2 USD Mn |
| 2025 | 19.8 USD Mn | 7.5 USD Mn | 4.2 USD Mn | 5.6 USD Mn | 2.5 USD Mn |
| 2026 | 22.1 USD Mn | 8.3 USD Mn | 4.7 USD Mn | 6.3 USD Mn | 2.8 USD Mn |
| 2027 | 24.5 USD Mn | 9.2 USD Mn | 5.2 USD Mn | 7 USD Mn | 3.1 USD Mn |
| 2028 | 27.1 USD Mn | 10.2 USD Mn | 5.8 USD Mn | 7.7 USD Mn | 3.4 USD Mn |
| 2029 | 30 USD Mn | 11.3 USD Mn | 6.4 USD Mn | 8.6 USD Mn | 3.8 USD Mn |
| 2030 | 33.2 USD Mn | 12.4 USD Mn | 7.1 USD Mn | 9.5 USD Mn | 4.2 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The South America by Application portion of the Smart Fleet Management market is on a steady long-term growth path. Segment value stands at roughly USD 22 Mn in 2026 and is projected to reach USD 33 Mn by 2030 — a gain of about 50% over the forecast period, translating to a CAGR in the double digits.
- What the regional split looks like (2026): Tracking leads, holding roughly 38% of segment value — the single largest regional share. ADAS is the second-largest contributor. Optimization and Diagnostic make up the remainder, in descending order.
- By 2030, Tracking alone is expected to reach USD 12 Mn, with ADAS at USD 10 Mn.
Market Dynamics
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