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Secure Logistics Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
"How Will the Secure Logistics Market Grow, and What Is the Projected Market Size?The secure logistics market has shown strong growth in recent years. It will increase from $99.96 billion in 2024 to $109.15 billion in 2025, at a CAGR of 9.2%. The growth is driven by globalization and increased international trade, regulatory compliance and security standards, rising incidents of cargo theft, and advancements in surveillance and access control systems.
The secure logistics market is projected to grow strongly, reaching $153.04 billion by 2029, with a CAGR of 8.8%. Growth drivers include the adoption of blockchain technology, autonomous vehicles, IoT and sensor technologies, cybersecurity focus, and green logistics. Trends include GPS tracking systems, tamper-evident packaging, secure warehousing, biometric authentication, and RFID technology.
What Key Elements Are Boosting Growth in the Secure Logistics Market?
The growing security concerns among businesses are expected to drive the expansion of the secure logistics market. Security concerns encompass risks related to the protection, integrity, and safe handling of assets, systems, or environments. Secure logistics mitigates these risks through advanced security protocols, ensuring the safe transportation, storage, and handling of valuable or sensitive goods. For instance, in 2023, CargoNet AS, a Norway-based logistics security firm, documented 692 incidents of strategic cargo theft across the United States and Canada, reflecting a 59% increase compared to 2022. Therefore, heightened security concerns among corporations are driving the secure logistics market's growth.
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Who Are the Major Industry Players Fueling Secure Logistics Market Expansion?
Major companies operating in the secure logistics market report are DHL Group, United Parcel Service Inc., A.P. Møller - Mærsk A/S, Deutsche Bahn AG, C.H. Robinson Worldwide Inc., Allied Universal, Securitas AB, G4S Ltd., Kerry Logistics Network Limited, XPO Inc., Prosegur Compañía de Seguridad S.A, Brink's Inc., GardaWorld Corporation, Loomis AB, Chronopost International, FedEx Custom Critical Inc., Covenant Aviation Security LLC, CMS Infosystem Pvt. Ltd., CEVA Logistics, Lemuir Group, Maltacourt Ltd., PlanITROI Inc., Titan Security Group, Cash Logistik Security AG, Secure Logistics LLC
Which Key Developments Are Influencing the Secure Logistics Market?
Companies in the secure logistics market are leveraging innovative platforms, such as secure journey management services, to deliver reliable logistics solutions. A secure journey management platform is a comprehensive system designed to enhance the safety and security of individuals or assets while in transit. It offers real-time tracking and visibility into the movement of shipments, vehicles, or assets, enabling logistics operators to monitor their progress and location at any given time. For instance, in September 2023, Delhivery, an India-based logistics and supply chain company, introduced LocateOne, a location intelligence solution. LocateOne operates through APIs, enhancing address accuracy, rooftop precision, and reducing address fraud across industries such as retail, e-commerce, CPG, fintech, banking, and financial services.
How Is the Segmentation of the Secure Logistics Market Defined?
The secure logistics market covered in this report is segmented -
1) By Type: Static, Mobile
2) By Application: Cash Management, Diamonds, Jewelry And Precious Metals, Manufacturing, Other Applications
3) By End User: Financial Institutions, Retailers, Government, Other End Users
Subsegments:
1) By Static: Warehousing Solutions, Secure Storage Facilities, Fixed Security Systems
2) By Mobile: Mobile Transport Solutions, Secure Vehicle Fleet, Real-Time Tracking Systems
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What Is the Leading Region in the Secure Logistics Market?
Europe was the largest region in the secure logistics market in 2024. The regions covered in the secure logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Secure Logistics Global Market Report?
- Market Size Analysis: Analyze the Secure Logistics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Secure 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 Secure Logistics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Secure Logistics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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