Press release
Cash Logistics Market Share, Trend Analysis, Key Drivers, Size And Forecast To 2033
Cash Logistics Market Share
Cash Logistics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $31.34 billion In 2028 At A CAGR Of 8.9% :
The cash logistics market size has grown strongly in recent years. It will grow from $20.53 billion in 2023 to $22.29 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to strong economic growth in emerging markets, a rise in the deployment of atms, and a rise in the circulation of currency in the economy.
The cash logistics market size is expected to see strong growth in the next few years. It will grow to $31.34 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to a rise in the cash-on-delivery (cod) method of payment, an increasing population, and an increase in funding. Major trends in the forecast period include use of artificial intelligence in cash management, technological advancements, and strategic partnerships and collaborations.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=6337&type=smp
Cash Logistics Market Major Segments
The cash logistics market covered in this report is segmented -
1) By Service: Cash Management, Cash-In-Transit, ATM Services
2) By Mode Of Transit: Roadways, Railways, Airways, Waterways
3) By End-User: Financial Institutions, Retailers, Government Agencies, Hospitality, Other End Users
Key Driver - Atm Expansion Fuels Growth In The Cash Logistics Market
The rise in the deployment of ATMs is expected to propel the growth of the cash logistics market going forward. An ATM stands for automated teller machine. It is a financial transaction machine and an automatic banking platform that doesn't require a teller or a human cashier for the circulation of physical cash. The process of collecting, managing, and depositing cash at an ATM, which is outsourced by banks to users, is known as cash logistics. For instance, according to the Reserve Bank of India, in India, there were 213,575 bank ATMs in March 2021, which was 1.3% up from March 2020. Therefore, the rising development of ATMs is driving the growth of the cash logistics market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=6337&type=smp
Prominent Trend - Transformative Impact Of Mobile Atms In India's Cash Logistics Market
The introduction of mobile ATMs is a key trend gaining popularity in the cash logistics market. Major companies operating in the cash logistics market are focused on introducing mobile ATMs to meet consumer demand and strengthen their position. For instance, in May 2021, in India, HDFC Bank, an Indian banking and financial services company deployed mobile Automated Teller Machines (ATMs) to help clients and provide innovative services. Mobile ATMs would eliminate the need for people to withdraw cash in limited or sealed locations. Also, in 2021, HDFC Bank has implemented mobile ATMs in approximately 50 cities in India. Bengaluru is the bank's 25th city to receive Mobile ATMs in 2021. Customers can complete over 15 different sorts of transactions using the mobile ATM, which will be available for a limited time at each location.
Cash Logistics Market Players
Major companies operating in the cash logistics market report are The Brink's Company, Loomis AB, Prosegur Compania de Seguridad SA, Allied Universal, GardaWorld, CMS Info Systems Ltd, Security and Intelligence Services Ltd., General Secure Logistics Services (GSLS), AXIOM Armored, Global Security Logistic Co, Writer Corporation, Securevalue, Radiant Cash, CEVA Logistics, Fujitsu Frontech Ltd, Hitachi-Omron Terminal Solutions Corporation, Nautilus Hyosung Corporation, Deppon Logistics, FloatApp, Akoni, G4S Plc, Fennech Financial Limited, NoviCap, Intellifas Ltd, Cash Logistics Security AG, Waves Enterprise, BCS World of Investments, UBS Russia, Sberbank, ATON, Viking Cash Logistics, Cosan Group, Green Cash Logistics, Carlyle Group, Rapyd, Giesecke +Devrient, Massar Group, Sanid, APSG, Eraf Group, Alrajhi Bank, Absa Group, SkyQuest Technology, Uni24.co.za, CITASA, Kazang Connect, SBV Services, Umnotho cash Management
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/cash-logistics-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the cash logistics market in 2023. The regions covered in the cash logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cash Logistics Market Report Structure
3. Cash Logistics Market Trends And Strategies
4. Cash Logistics Market - Macro Economic Scenario
5. Cash Logistics Market Size And Growth
…..
27. Cash Logistics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cash Logistics Market Share, Trend Analysis, Key Drivers, Size And Forecast To 2033 here
News-ID: 3520964 • Views: …
More Releases from The Business Research Company
Emerging Trends to Reshape the Digital Vault Services Market: Advancing Secure D …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Digital Vault Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of digital vault services has seen a swift expansion in the past few years. The market, which was worth $1.77 billion in 2024, is projected to escalate to $2.08 billion in…
Defense Cyber Warfare Market Landscape to 2034: Key Forces Shaping the Next Deca …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Defense Cyber Warfare Market Size By 2025?
The market size for defense cyber warfare has been consistently on the upswing in the past few years. The sector which is poised to escalate from $148.94 billion in 2024 to $163.24 billion in 2025, is projected to…
Soaring Demand Set to Propel Cryptocurrency Custody Tool Market to $4.90 Billion …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Cryptocurrency Custody Tool Market Through 2025?
The market size of the cryptocurrency custody tool has seen an exceptional increase in recent years. The expected growth is from $1.76 billion in 2024 to $2.17 billion in 2025, equating to a compound annual growth…
Unlocking Opportunities in the Health And Medical Reinsurance Market: 2025-2034 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Health And Medical Reinsurance Industry Market Size Be by 2025?
The market size for health and medical reinsurance has seen significant growth in past years. It is forecasted to increase from $70.53 billion in 2024 to $76.32 billion in 2025, marking a compound annual growth rate…
More Releases for Logistic
A Complete Guide - Logistic Services
Logistics services include first and second-party logistics providers, third-party logistics (3PL), Fourth Party Logistics, and Fifth Party Logistics. Logistic services are an essential part of supply chain management. Fourth-party logistics services deliver products to the end-customers and grow profit margins. Logistics services include all the elements of the supply chain, from the delivery of goods from the factories to the end consumers. They consist of the transportation of goods from…
Logistic Market ||Demand and Forecast 2030
The "Logistic Market Analysis to 2030" is a specialized and in-depth study of the Logistic industry with a focus on the Logistic market trend. The report aims to provide an overview of the Logistic market with detailed market segmentation by component, application, end-user, and geography. The Logistic market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading…
transport logistic 2013
Cloud Computing experts report at the industry´s fair/ IT technology makes logistics more efficient „at the push of a button“ AXIT AG presents successful projects based on cloud technology / „Xpert-Days“ give a live insight into cloud-based SCM projects.
The heart of cloud technology beats at booth 527 in hall B2: "Today anyone who wants to operate a delivery chain in an economical and transparent way cannot bypass…
Sustainably optimising logistic processes
Bizerba presents weighing and labelling components at Macropack 2010 in Utrecht
Balingen/Utrecht, 20th September 2010 - The solution provider Bizerba will present its new system components for logistic and intralogistic processes from 5th until 8th October at Macropack 2010, the international packaging trade fair held in Utrecht. These system components easily fulfill the growing demands of this sector: the Kontrollwaage (Check weigher) CWE to check giveaway; the Durchlaufwaage (Continuous weigher) CWL-Eco…
transport logistic China 2008
Germany, Belgium, the Netherlands, Russia, Spain, the Czech Republic and the Italian regions of Friuli and Veneto are all exhibiting at their own national pavilions in Shanghai
transport logistic China, the meeting point for transport, logistics and telematics, is going from strength to strength. At this exhibition, which takes place from 17 to 19 June 2008 in Shanghai, groups of exhibitors from the following countries will be exhibiting at their own…
transport logistic China 2008: New date for transport logistic China 2008 has be …
The international trade fair for transport, logistics and telematics in Asia, will take place at the Shanghai New International Expo Center (SNIEC) in China from 17 to 19 June 2008. Munich Trade Fairs International Group has decided to shorten the days of transport logistic China from four to three days. This is due to the request of many exhibitors, who whish to focus on a three days period only.
Modeled…
