Global Cash Logistics Market Expansion at 9.6% CAGR, Valued at $33.91 Billion by 2029

Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.

What Are the Cash Logistics Market Size Forecast for 2025?
The market size for cash logistics has seen substantial expansion in the past few years. Its size is predicted to increase from $21.9 billion in 2024 to $23.52 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%. This growth during the historical period can be linked to the robust economic development in emerging markets, an increase in the use of ATMs, and a growth in the amount of currency in circulation within the economy.

What Is the Market Size Outlook for Cash Logistics Until 2029?
In the coming years, the cash logistics market is anticipated to witness robust expansion. The market is projected to surge to $33.91 billion by 2029, with a 9.6% compound annual growth rate (CAGR). This expected growth during the forecast period can be traced back to factors such as increased usage of cash-on-delivery (COD) payment method, a growing population, and significant increase in funding. Key future trends include the application of artificial intelligence in cash management, advancements in technology, and the formation of strategic partnerships and collaborations.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/cash-logistics-global-market-report

What Are the Major Factors Driving Demand in the Cash Logistics Market?
The expansion of automated teller machines (ATMs) is poised to accelerate the cash logistics market's growth in the future. An ATM acts as an automatic banking platform, allowing financial transactions without the need for a human cashier or teller to disperse physical cash. Cash logistics refers to the process of collecting, managing, and depositing money at an ATM, a function that banks often outsource to users. For example, a November 2023 report by KAL ATM Software, a German company offering multivendor ATM software and ATM security solutions, revealed that globally, 43% of respondents stated they handled between 1 and 500 ATMs, while 31% dealt with 500 to 2,000 ATMs, increasing to 32% in 2023. Furthermore, 26% managed more than 2,000 ATMs, a figure that rose to 27% in 2023. Significantly, the UK saw a 19% surge in annual ATM cash withdrawals. As such, the proliferating adoption of ATMs contributes significantly to the expansion of the cash logistics market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6337&type=smp

How Are End-Use Segments Shaping the Cash Logistics Market Outlook?
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

Subsegments:
1) By Cash Management: Currency Processing And Sorting, Cash Recycling Solutions, Vault Services, Reporting And Reconciliation Services
2) By Cash-In-Transit (CIT): Secure Transportation Of Cash And Valuables, Scheduled Cash Pickups And Deliveries, Security Escorts For High-Value Shipments
3) By ATM Services: ATM Cash Replenishment, Maintenance And Repair Services, Remote Monitoring And Management, Installation Services

What Are the Strategic Trends Transforming the Cash Logistics Market Landscape?
Major firms involved in the cash logistics sector are concentrating on launching sophisticated solutions like upgradable ATMs in order to satisfy consumer needs and solidify their market standing. These upgradable ATMs can be smoothly transitioned into cash recycling machines (CRMs) or more developed systems, providing a flexible solution for future enhancements without the need for replacement. For instance, in April 2024, Hitachi Payment Services, a company offering payment and commerce solutions based in India, unveiled the country's first upgradable ATM. This latest ATM can be effortlessly transformed into a high-functioning Cash Recycling Machine (CRM) whenever needed. Produced under the Make in India initiative, these upgradable ATMs grant banks a higher degree of adaptability and efficacy. The fresh, progressive design facilitates an easy shift from ATM to CRM, lowering the necessity for expensive replacements and extended installations while readying banks to cater to foreseeable market demands.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=6337&type=smp

Who Are the Prominent Companies in the Cash Logistics Market by ?
Major companies operating in the cash logistics market include 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

Which Region Is Expected to See the Highest CAGR in the Cash Logistics Market?
Asia-Pacific was the largest region in the cash logistics market in 2024. The regions covered in the cash logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.