Secure Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Secure Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global secure logistics market size reached US$ 77.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 117.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.02% during 2023-2028.

Secure logistics refers to a comprehensive security system used for safeguarding warehouses, storage and manufacturing units. It offers remote monitoring of the entire supply chain process with minimal disruptions to improve the overall efficiency of the organization. It consists of high-security infrastructure with centrally located storage facilities that provide flexible access through multiple locations and long-term and in-transit solutions to manage high-value commodities. As a result, it is deployed across industries for the supervision of assets, project management, cost estimation, procurement, issuance, inventory management and logistics management.

Secure Logistics Market Trends:
The increasing utilization of transportation management systems (TMS) across the globe represents one of the key factors driving the growth of the market. The TMS utilizes secure logistics to process shipments and maintain transparency of operations. Furthermore, the growing demand for precious metals and diamonds for jewelry and other applications is providing a thrust to the market growth. Security logistics is used for the monitoring of consignments with tracking codes and providing customer support in case of any unprecedented delays. In line with this, significant growth in the banking, financial services and insurance (BFSI) industry, in confluence with increasing digitization across various other industries, is acting as another growth-inducing factor. Banking in both the emerging and developed economies is a highly protected sector that requires constant supervision on monetary and virtual deposits and domestic and foreign transactions. Secure logistics are used for effective wealth management, regulation of cash circulation and personal and retail banking. Other factors, including the widespread adoption of outsourced security services, along with an increasing preference for digital payment methods across industries, are anticipated to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global secure logistics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, service type, application and end user.

Breakup by Type:

Static
Mobile

Breakup by Service Type:

Cash Services
Security Services

Breakup by Application:

Cash Management
Diamonds
Jewelry and Precious Metal
Manufacturing
Others

Breakup by End User:

Financial Institutions
Retailers
Government
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allied Universal (Caisse de dépôt et placement du Québec), Brink's Company, GardaWorld Corporation, Lemuir Group, Loomis, Maltacourt Ltd, PlanITROI Inc, Prosegur Cash (Prosegur Compañía de Seguridad, S.A), Secure Logistics LLC., Securitas AB, Serco Group plc and SIS Group Enterprise.

Key Questions Answered in This Report

1. What was the size of the global secure logistics market in 2022?
2. What is the expected growth rate of the global secure logistics market during 2023-2028?
3. What are the key factors driving the global secure logistics market?
4. What has been the impact of COVID-19 on the global secure logistics market?
5. What is the breakup of the global secure logistics market based on the type?
6. What is the breakup of the global secure logistics market based on the application?
7. What are the key regions in the global secure logistics market?
8. Who are the key players/companies in the global secure logistics market?