Expanding Cash Logistics Market: Predicted to Reach $23.68 Billion in 2025 and $34.31 Billion in 2029

Market growth is significantly driven by increasing ATM deployments and rising currency circulation in the economy.

What Is The Projected Market Size Of The Global Cash Logistics Market And Its Growth Rate?
- The cash logistics market is expected to grow from $21.9 billion in 2024 at a CAGR of 8.1% to $23.68 billion in 2025.
- Ongoing economic growth in emerging markets and the rise of ATMs contribute to this strong growth.
- The expected cash logistics market size by 2029 is $34.31 billion, growing at a CAGR of 9.7%.
- A rise in the cash-on-delivery (cod) method of payment, an increasing population, and an increase in funding are among the key drivers of this growth.

What Is Driving The Growth In The Cash Logistics Market?
The surge in ATM deployment is a primary driver of growth in the cash logistics market. ATMs, or automated teller machines, are automatic banking platforms that don't require a human cashier for the circulation of physical cash. This process, known as cash logistics, is generally outsourced by banks to users. As per a report by KAL ATM Software in November 2023, globally, between 1 and 2,000 ATMs were managed by 74% of respondents, with reported annual increases in ATM operation. Accordingly, in the UK, ATM cash withdrawal volumes saw a 19% boost. As such, the continued rise in ATM development is driving the growth of the cash logistics market.

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Who Are the Key Players Driving Cash Logistics Market Growth?
- 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
- G4S Plc
- Fennech Financial Limited
- Cash Logistics Security AG
- Waves Enterprise
- BCS World of Investments
- UBS Russia
- Sberbank
- ATON
- Viking Cash Logistics
- Cosan Group
- Green Cash Logistics
- Massar Group
- Sanid
- APSG
- Eraf Group
- SBV Services
- Umnotho Cash Management

What Are The Key Trends In The Cash Logistics Market?
- The use of artificial intelligence in cash management
- Technological advancements
- Strategic partnerships and collaborations

What Are The Segments Of The Global Cash Logistics Market?
- By Service: Cash Management, Cash-In-Transit, ATM Services
- By Mode Of Transit: Roadways, Railways, Airways, Waterways
- By End-User: Financial Institutions, Retailers, Government Agencies, Hospitality, Other End Users

Which Region Leads The Cash Logistics Market?
Asia-Pacific was the largest region in the cash logistics market in 2024. The other covered regions include Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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What Is Covered In The Cash Logistics Market Global Market Report?
- Market Size Analysis: Analyze the Cash Logistics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cash Logistics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall Cash Logistics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cash Logistics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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