Global Cash Logistics Market 2024-2028

Global Cash Logistics Market 2024-2028

Technavio has been monitoring the cash logistics market and is forecast to grow by USD 24 bn during 2023-2028, accelerating at a CAGR of 10.86% during the forecast period. Our report on the cash logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing preference for outsourcing cash management services by financial institutions, rise in safe and vault demand for cash management from cash logistics firms, and rise in security concerns among banks.

Technavio's cash logistics market is segmented as below:

By End-user

• Financial institutions
• Retailers
• Government agencies
• Others

By Service

• Cash-in-transit
• Cash management
• ATM service

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the increasing demand for atms as one of the prime reasons driving the cash logistics market growth during the next few years. Also, growth of organic and inorganic prospects in cash logistics and adoption of automation and robotics by cash logistics firms will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the cash logistics market covers the following areas:

• Cash logistics market sizing
• Cash logistics market forecast
• Cash logistics market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cash logistics market vendors that include AGS Transact Technologies Ltd., Allied Universal, AXIOM Armored, CMS Info Systems Ltd., GardaWorld Security Corp., Global Security Logistics Co., GSLS, Knightguard Protection Services Pty Ltd., Linfox Pty Ltd., Loomis AB, Prosegur Compania de Seguridad SA, Radiant Cash Management Services, SecureCash, SIS Ltd., The Brinks Co., Titan Armored Inc., TRABLISA, Transguard Group LLC, Writer Business Services Pvt. Ltd., and ZIEMANN SECURITY Holding GmbH. Also, the cash logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.