Cash Logistics Market Expected to Reach $30,707.7 Million, Globally, By Top Key Players: The Brinks Company, Cash Logistics Security AG, CMS Info Systems Ltd., G4S plc., Garda World Security Corporation, Global Security Logistics Co, GSLS, Lemuir Group, L
Based on service, the cash-in-transit segment dominated the global cash logistics market in 2017, in terms of revenue. In addition, based on end-user, the financial institutions segment is expected to lead the market throughout the forecast period. Presently, LAMEA is the highest revenue contributor, and is expected to garner highest revenue in the global market during the forecast period, followed by North America, Europe, and Asia-Pacific.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2458?utm_source=OPR
Increase in cash transactions, surge in presence of ATMs, and growth in demand for safe & vault for managing cash drive the growth of the global cash logistics market. However, increase in adoption of digital payments and rise in cash-in-transit robberies restrain the market growth. On the other hand, increase in demand for cash from emerging economies and surge in manufacturing of fully automated cash-in-transit vehicles would create new opportunities to the market.
Cash-in-transit service segment contributed more than two-fifths of the total market revenue in 2017 and is expected to maintain its dominance by 2025. This is attributed to the increasing adoption of new technologies by market players to foster safety and security of cash-in-transit vehicles. However, cash management service is expected to register the highest CAGR of 9.4% from 2018 to 2025, owing to incorporation of innovative cash management services by leading banks to handle cash and offer convenience to clients. The report also analyzes ATM services segment.
Financial institutions segment held the major share in 2017, accounting for more than two-fifths of the total market revenue and is projected to maintain its dominance throughout the forecast period. This is due to the increasing adoption of cash logistics solutions among financial institutions on account of advantages such as optimal cash flow, improved transparency, and customization of solutions among others. However, the other end user segment, which comprises individuals, private firms, and others, would grow at the fastest CAGR of 9.0% from 2018 to 2025, owing to surge in cash flow and increase in demand for safe and vault for cash management.
Make a Purchase @ https://www.alliedmarketresearch.com/checkout/856083?utm_source=OPR
Asia-Pacific is expected to grow at the highest CAGR of 10.3% from 2018 to 2025, owing to expansion of banking facilities in emerging economies such as India, China, and others and increase in cash circulation. However, LAMEA accounted for nearly three-tenths of the total market share in 2017 and would maintain its lion's share through 2025 due to increase in demand for cash flow and high security threat for transportation of cash.
The key players analyzed in the report include The Brink's Company, CMS Info Systems Ltd., Cash Logistics Security AG, Garda World Security Corporation, G4S Plc., GSLS, Lemuir Group, Global Security Logistics Co., Loomis, and Prosegur Cash, S.A.
Cash logistics companies provide services related to cash transportation, cash handling, and ATM related services. Services such as cash-in-transit, cash management, and ATM replenishment, are mainly provided by the companies. Cash logistics companies need to follow security and transportation legislation, as they are considered as logistics companies in the private security industry. In some countries, cash logistics have separate legislations that can impose restriction and requirement on use of vehicle type, crew members, firearms, and others. Cash logistics solutions help financial institutions to track cash ordering information about variety of sources such as ATMs, Central Bank, commercial customers, and others.
Circulation of cash, rise in demand for safe and vault for cash management, and increase in deployment of ATMs are the key factors that fuel the growth of the global cash logistics market. However, increase in cash-in-transit vehicle robberies and rise in adoption of digital money hinder the market growth.
Among the analyzed geographical regions, currently, LAMEA is the highest revenue contributor, and is expected to maintain the lead during the forecast period, followed by Europe, North America, and Asia-Pacific.
Access Full Summery @ https://www.alliedmarketresearch.com/cash-logistics-market?utm_source=OPR
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Cash Logistics Market Expected to Reach $30,707.7 Million, Globally, By Top Key Players: The Brinks Company, Cash Logistics Security AG, CMS Info Systems Ltd., G4S plc., Garda World Security Corporation, Global Security Logistics Co, GSLS, Lemuir Group, L here
News-ID: 1618559 • Views: 280
More Releases from Allied Market Research
Proximity and Displacement Sensors Market - 2020: COVID-19 Scenario, Growth Oppo …
The report titled, “Proximity and Displacement Sensors Market By Type (Inductive, Photoelectric, Capacitive, Ultrasonic, Magnetic & LVDT sensors) and Application (Parking Sensor Systems, Ground Proximity Warning System, Anti-aircraft warfare, Assembly line automation, Vibration monitoring system, Roller coasters, Conveyor systems) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that proximity and displacement sensors market is expected to grow sustainably by 2027. The report offers an
Asia-Pacific ATM Market - 2020: COVID-19 Impact, Growth Opportunities and Busine …
The report titled, “Asia-Pacific ATM Market By Solutions (ON site ATMs, Off site ATMs, Work site ATMs, Mobile ATMs, Managed services) and by Type (Conventional ATM, Brown label ATM, White label ATM, Smart ATM, Cash dispenser) - Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that Asia-Pacific ATM market is expected to grow sustainably by 2027. The report offers an extensive market analysis focusing on key
Travel Insurance Market - 2020: COVID-19 Scenario, Market Share, Growth Opportun …
The report titled, “Travel Insurance Market By Insurance Cover (SingleTrip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that travel insurance market is expected to grow sustainably by 2027. The
Crystal Oscillator Market – 2020: COVID-19 Impact, Market Share, Growth Opport …
The report titled, “Crystal Oscillator Market By Technology (AT Cut, BT Cut, and SC Cut), Type (Voltage-Controlled Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), Mounting Scheme (Surface Mount and Thru-Hole), and Industry Vertical (Electronics, IT & Telecommunication, Military & Defense, Automotive & Transport, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that crystal oscillator market is expected to grow
More Releases for Cash
Global Cash Drawers Market Insights, Forecast
The Cash Drawers market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Cash Drawers. This report presents the worldwide Cash Drawers market size (value, production and consumption), splits the
CASH IN WITH WINE CONCENTRATES
Just as the barbecue season starts to hot up, Brusco a leading British-owned bulk ingredients supplier, has unveiled its new bulk wine concentrates. Guaranteed to not only put a zing into BBQ marinades, cooking sauces and ready meals, but also to help food companies cut duty, transport, storage and packaging waste costs. Specially formulated to deliver a cost-effective taste solution for food processors, Brusco’s red and white wine products have been
Cash Logistics Market (By Segment, By Region): Trends, Opportunities and Forecas …
ReportsWeb.com has announced the addition of the “Global Cash Logistics Market Size Status and Forecast 2021”, The report classifies the global Cash Logistics Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The global market for cash logistics services has been influenced positively by the rising security concerns amongst banks and corporate houses which require secure
Cash Sorting Machine, Forecast, machinery industry, cash , Banking, retail, gami …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Cash Sorting Machine Sales Market Size, Growth, Share – Analysis Future and Forecast by 2025”which provides an outlook of current market value as well as the expected forecast including Rate on Investment (ROI) together with growing CAGR of XX% during 2018-2025. The report studies the Cash Sorting Machine market worldwide, especially in United States, China, Southeast Asia, Japan
Global Cash Logistics Market By Segment - Cash in Transit & Cash management : Co …
Albany, NY, 26th September : ResearchMoz presents professional and in-depth study of "Global Cash Logistics Market (By Segment, By Region): Trends, Opportunities and Forecasts (2016-2021) (By Segment - Cash in Transit, Cash management: By Region – North America, Europe, APAC, ROW: Market Entry Strategies: Company Analysis: Strategic Recommendations)". The global market for cash logistics services has been influenced positively by the rising security concerns amongst banks and corporate houses which
Global Cash Logistics Market Analysis and Forecast 2021 by Segment(Cash in Trans …
The global market for cash logistics services has been influenced positively by the rising security concerns amongst banks and corporate houses which require secure movement and management services for cash. Growing ATM market has resulted in rise in demand for cash logistics services. Browse the report: http://www.orbisresearch.com/reports/index/global-cash-logistics-market-by-segment-by-region-trends-opportunities-and-forecasts-2016-2021 The Global Cash Logistics market has witnessed stable growth in the demand for the cash logistics as well as management services. While apprehension to use