Press release
What are the different trends in Cash Logistics Market to boost its growth? Brink's Incorporated, G4S, GardaWorld, Loomis, Prosegur, Cash Logistik Security, Global Security Logistics, General Secure Logistics Services, Lemuir Secure Logistics
Stratagem Market Insights has announced the addition of the “Cash Logistics Market to 2025”, the report classifies the global Cash Logistics Market in a precise manner to offer to unearth valuable, accurate, and reliable data insights that help organizations to meet their business objectives and enable growth.This report studies the global Cash Logistics market analyzes and researches the Cash Logistics development status and forecast in the United States, EU, Japan, China, India, and Southeast Asia. This report focuses on the top players in the global market, like
Brink's Incorporated, G4S, GardaWorld, Loomis, Prosegur, Cash Logistik Security, Global Security Logistics, General Secure Logistics Services, Lemuir Secure Logistics
Get a PDF Sample of the “Cash Logistics Market” Report: https://www.stratagemmarketinsights.com/sample/13395
Cash logistics involves services related to physical movement and storage of currency notes and other valuables on behalf of banks and other commercial establishments. Services offered in cash logistics include, movement of bullion and coins, secured cash transportation from currency chest to bank branches, ATM replenishment, first-line maintenance of ATMs, and cash processing including counterfeit verification, counting, sorting, and packaging, overnight vaulting of cash, and bullion, and doorstep banking solutions – Cash / Instruments pickup and delivery.
Increasing demand for vaults for cash management is expected to boost the growth of the global cash logistics market over the forecast period. Cash vault services make it easy to make secure deposits, order cash, and reduce trips to the bank. Safety and security. These services also reduce the risk associated with delivering deposits to the bank with the availability of armored carriers. Such advantages increase demand for vault services, thereby boosting the growth of the market. Moreover, national and commercial banks in various economies withdraw from operational participation in the cash cycle, which increases the demand for cash logistics services.
R&D in cash automation and integration, ATM route-management software, and cash-in-transit software is expected to offer lucrative growth opportunities for players in the global cash logistics market. New technologies used in cash logistics include automatic data collection and control and end-to-end encrypted TCP/IP connection for better security.
Various government bodies regulate activities related to cash logistics. In the U.S., the Federal Deposit Insurance Corporation governs cash logistics.
Increasing preference for online and cash-less payment methods is expected to hinder the growth of the global cash logistics market. For instance, according to the report ‘Payment Patterns in Sweden 2018 published by Sveriges Riksbank, 80% of the survey respondents reported use of a debit card for their most recent purchase in 2018, compared to 64% in 2016. Moreover, a decreasing number of ATMs is also expected to hamper the growth of the market. For instance, in its press release in February 2019, Prosegur stated that the company’s sales of new products fell to US$ 6.68 million in Asia, Oceania, and Africa primarily due to the reduction of ATM services.
Key players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in January 2019, The Brink’s Company acquired Rodoban a Brazil-based company that provides cash-in-transit, money processing, and ATM services primarily to customers in southeastern Brazil.
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Market segment by Type, Cash Logistics can be split into
Cash-In-Transit
Cash Management
ATM Services
Other
Market segment by Application, Cash Logistics can be split into
Personal
Enterprise
Government
Other
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Table Of Content:
Global Cash Logistics Market Size, Status and Forecast 2022
1 Industry Overview of Cash Logistics
2 Global Cash Logistics Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 Brink's
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services, and Solutions
3.1.4 Cash Logistics Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 G4S
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services, and Solutions
3.2.4 Cash Logistics Revenue (Value) (2012-2017)
3.2.5 Recent Developments
3.3 GardaWorld
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services, and Solutions
3.3.4 Cash Logistics Revenue (Value) (2012-2017)
3.3.5 Recent Developments
4 Global Cash Logistics Market Size by Type and Application (2012-2017)
5 United States Cash Logistics Development Status and Outlook
6 EU Cash Logistics Development Status and Outlook
7 Japan Cash Logistics Development Status and Outlook
8 China Cash Logistics Development Status and Outlook
9 India Cash Logistics Development Status and Outlook
10 Southeast Asia Cash Logistics Development Status and Outlook
11 Market Forecast by Regions, Type, and Application (2017-2022)
12 Cash Logistics Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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