Global Cash Logistics Market Growth Analysis And Indications – Includes Cash Logistics Market Size
The Business Research Company’s report goes into great detail on the cash logistics market size and growth, cash logistics market regional analysis, cash logistics market competitive landscape, and other critical information needed to excel in the cash logistics industry.
Major players in the cash logistics market include 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.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
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%.
Asia-Pacific was the largest region in the cash logistics market in 2021.
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 centers, 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.
The rise in deployment of ATMs is expected to propel the growth of the cash logistics market going forward.
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.
TBRC’s Global Cash Logistics Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Cash Logistics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the cash logistics market globally and regionally, analyzes and forecasts market size, share, cash logistics market players, cash logistics market segments, leading competitor revenues, profiles and market shares.
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