Global Cash Logistics Market Outlook, Opportunities And Strategies – Includes Cash Logistics Market Analysis
Learn about the global cash logistics market through The Business Research Company, which provides information on cash logistics market size, cash logistics market drivers and restraints, cash logistics market players, the COVID-19 impact on the cash logistics market, and more.
The global cash logistics market size is expected to grow from $16.62 billion in 2021 to $18.72 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The global cash logistics market size is expected to reach $25.27 billion in 2026 at a CAGR of 7.8%.
The rise in deployment of ATMs is expected to propel the growth of the cash logistics market going forward.
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The cash logistics market consists of sales of the cash logistics by entities (organizations, sole traders, and partnerships), that is used for the physical movement as well as handling of cash from one location to another. Cash logistics refers to transporting cash from client points to the cash processing centres, where it is counted, checked, inspected, and transferred into the client’s account. It primarily manages, transmits, and protects funds by removing risks and exposing them to the public.
Global cash logistics market segments include:
By Service: Cash Management, Cash-In-Transit, ATM Services
By Mode of Transit: Roadways, Railways, Airways, Others
By End-User: Financial Institutions, Retailers, Government Agencies, Hospitality, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the cash logistics market in 2021
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.
Major Market Players: Cash Logistics Security AG, CMS Info Systems Ltd, GardaWorld Corporation, Global Security Logistics Co, General Secure Logistics Services (GSLS), The Brink’s Company, Lemuir Group, Loomis AB, Prosegur, Dunbar International, Global Security Logistics Co., Security and Intelligence Services, Allied Universal, and MPS Security.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Cash Logistics Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides cash logistics market overviews, analyzes and forecasts market size, share, cash logistics market players, cash logistics market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s cash logistics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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