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Cash Logistics Market to Surpass $30.70 Billion by 2025 on Automated Cash-in-transit Vehicle Demand

06-14-2019 04:56 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Cash Logistics Market to Surpass $30.70 Billion by 2025

Growth in the circulation of cash, rise in demand for safe and vault for cash management and increase in deployment of ATMs drive the market growth. The cash-in-transit segment captured the largest share and is expected to dominate the market through 2025. The financial institutions segment would maintain its revenue lead through 2025. Asia-Pacific would grow at the fastest CAGR during the study period.

The global cash logistics market garnered $16.50 billion in 2017 and is expected to reach $30.70 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.

Need more details? Download Sample of the Report: https://www.alliedmarketresearch.com/request-sample/2458

The report presents a detailed analysis of the cash logistics market, including aspects such as market size and share, market dynamics such as drivers and restraints, market segmentation, and company profiles. The report serves as an essential tool for stakeholders such as market players and investors as it helps them figure out the opportunities in the space and provides them with accurate data that enables them to make smart business decisions.
The report offers an analysis of the growth drivers, restraints and opportunities of the cash logistics market. Factors such as growth in circulation of cash, rise in demand for safe and vault for cash management and increase in deployment of ATMs drive the growth of the market. However, rising adoption of digital money and increase in cash-in-transit vehicle robberies restrict the growth of the industry. Conversely, production of fully automated cash-in-transit vehicle and rise in cash demand from emerging economies offer new opportunities for the growth of the market.

The report offers a broad analysis of the classification of the global cash logistics market. It segments the market into service, end user, and geography. Based on service, the market is classified into cash management, cash-in-transit, and ATM services. The cash-in-transit segment captured 44.72% of the market share and is expected to dominate the market through 2025. The end user segment is divided into financial institutions, retailers, government agencies, and others. The financial institution's segment grabbed the largest share of 44.6% in 2017 and would maintain its revenue lead through 2025.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2458

Geographically, the report covers the market study for the regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific would grow at the fastest CAGR of 10.3% during the forecast period.

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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.

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