BUSINESS: Secure Logistics Market Size ($75.64Bn By 2028) Impelled By Cash Management (7% CAGR) Impact Of Coronavirus Outbreak And Global Analysis & Forecast By TheInsightPartners.com

dWeb.News Article from Daniel Webster dWeb.News

By Daniel Webster, dWeb.News Publisher

The secure logistics market size to reach $75. 64 billion by 2028 from $47. 25 billion in 2021 to grow at a CAGR of 7.0% from 2021 to 2028; while the cash management segment to grow at 7.5% CAGR to reach $43. 73 billion by 2028 and mobile segment to grow at 8.6% CAGR to reach $41. 07 billion by 2028.

November 23, 2021 03: 26 ET | Source: The Insight Partners

New York, Nov. 23, 2021 (GLOBE NEWSWIRE) — According to our new research study on Secure Logistics Market Size, Share, Revenue, Growth, Trends, Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Static and Mobile) and Application (Cash Management, Jewellery and Precious Metals, Manufacturing, and Others) with COVID-19 Impact and Global Analysis available at https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00009895

Report Coverage
Details
Market Size Value in
US$ 45. 22 billion in 2020
Market Size Value by
US$ 75. 64 billion by 2028
Growth Rate
CAGR of 7.0% from 2021 to 2028
Forecast Period
2021-2028
Base Year
2020
No. of Pages
164
No. Tables
83
No. of Charts & Figures
86
Historical Data Available
Yes
Segments Covered
Type, and Application
Regional Scope
North America; Europe; Asia Pacific; Latin America; MEA
Country Scope
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report Coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Secure Logistics Market: Competitive Landscape and Key Developments
Allied Universal., BRINK’S INCORPORATED, G4S Limited, GardaWorld, SECURE LOGISTICS LLC., Parkmatic, Prosegur., SERCO GROUP PLC, Securitas AB., and SIS LIMITED are a few key players profiled in the global secure logistics market. To get a complete view of the global secure logistics market, we also studied the markets of other key players and analysed their market shares during this research study.

In June 2021, Loomis AB entered into an agreement to acquire certain assets and liabilities of SecurePost AG (SecurePost), a subsidiary of Die Schweizerische Post AG, through its wholly owned subsidiary Loomis Schweiz AG (Loomis Switzerland) (Swiss Post Group). The transaction scope includes all applicable customer contracts, staff and operational assets.

Get Exclusive Sample Pages of Secure Logistics Market Size – COVID-19 Impact and Global Analysis with Strategic Insights at https://www.theinsightpartners.com/sample/TIPRE00009895/

Security operations and logistics are generally intended to make the secure management and movement of people, commodities and services, information, and other resources between a point of origin and its final destination easier. In some cases, these same techniques can also be used at fixed locations. This procedure requires the use of sophisticated technology and software. Secure logistics is a benefit to cash management. Cash logistics also includes physical cash transportation from one place to the next. You can get a range of services such as safe cash services, guarded money transportation, bank ATM services and valuables transportation.

The adoption of predictive analytics has become vital in a logistics business, where time and resources can make or break a company’s bottom line. Supply chain businesses must now be able to respond quickly to changing shipment patterns, predict consumer buying habits, provide on-time delivery via the most efficient routes, and reduce inventory errors and miscalculations. Companies can also analyze and examine machine behavior patterns to identify irregularities. Companies have the ability to control behavioral changes that can prevent devices from functioning properly. Businesses can use predictive analytics to detect and respond to weather fluctuations. Predictive analytics is also crucial for maintaining a balance between demand and supply. Shippers can use historical data and existing models to compile reports about consumption and forecast demand. This allows for faster delivery and reduces waste. The global secure logistics market is expected to grow due to the increased use of big data analytics and predictive analytics.

The rising global money circulation is driving the secure logistics industry. As corporate security concerns and institutional security have increased, so has the demand for cash transport and management services. To ensure the safety and security cash-in-transit vehicles, key players in the secure logistics industry have been adopting new technologies. High demand services include cash pick-up and delivery as well as intercity bulk cash transfers and ATM cash management. The growing demand for secure logistics is due to digital payments, as well as the popularity of mobile and electronic payment methods around the globe. International logistics advancements are expected to increase the demand for secure logistics in financial institutions, especially in rural emerging markets. This will result in increased transactions at the point of sale (POS), and ATM withdrawals. According to 72% of account holders, increased urbanization and access to technology would increase the amount of POS transactions and ATM withdrawals in 2019. Globally, secure travel is essential. However, the market is slowing down due to the increasing use of online and mobile banking as well as mobile payments.

Download Sample PDF Brochure of Secure Logistics Market Size and Growth Research Report at https://www.theinsightpartners.com/sample/TIPRE00009895/

Growing Proliferation of ATMs:
Banks are focused on enhancing branchless banking by launching e-lobbies specifically designed to increase customer service and transaction simplicity. Through the use of cash recyclers, cash dispensers, and multi-functioning kiosks, banks may provide consumers with all financial transactions, information, and solutions 24 hours a day, seven days a week. E-lobbies are used by banks to offer self-service banking services, such as cash withdrawals and cash deposits, card/to-card transfers (NEFT, SMS Alerts) and other services, without the need for physical staff.

With the changing dynamics of digital payments, ATMs, which have become a common sight in almost every town, are proving unable to meet the needs of digitally informed clients. E-lobbies were created to improve the client experience. Cash recyclers and e-lobbies have proved to be extremely beneficial. As market awareness increases, ATM equipment manufacturers are more focused on product innovation and the incorporation cutting-edge technologies. The self-service ATM is an example of a revolutionary technology that unites multiple functions in one device. These ATMs can be used to perform tasks such as cash withdrawal, check deposit and coin dispense. They also offer other banking products and services, including credit cards, loans, opening and changing bank account, remote teller options and video-assisted remote banking. This allows the bank to become more branch-automatic. This is a major factor driving the growth of the secure logistics market, which will continue over the forecast period.

Secure Logistics Market: Type Overview
Based on type, the secure logistics market is bifurcated into static and mobile. In 2020, the static segment accounted for a larger share in the market.

Buy Premium Copy of Secure Logistics Market Size, Share, Revenue, Strategic Insights and Forecasts 2021-2028 Research Report at https://www.theinsightpartners.com/buy/TIPRE00009895/

Key Questions to Request for Secure Logistics Market:

What are reasons behind secure logistics market growth?
What are market opportunities for secure logistics market?
Which application segment is expected to dominate the market in the forecast period?
Which region has dominated the secure logistics market?
Which are the major companies in the secure logistics market?
Which type segment is expected to dominate the market in the forecast period?

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. Our syndicated and consulting services help clients find solutions to their research needs. 139407/The-InsightPartners.html.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release – https://www.theinsightpartners.com/pr/secure-logistics-market

Connect With Us on:
LinkedIn: https://www.linkedin.com/company/7591674/admin/
Twitter: https://twitter.com/tipmarkettrends
Facebook: https://www.facebook.com/theinsightpartners/
YouTube: https://www.youtube.com/c/TheInsightPartners
RSS/Feeds: https://www.theinsightpartners.com/feed/ | https://www.openpr.com/news/archive/139407/The-Insight-Partners.html
Research Study: https://www.einpresswire.com/newsroom/the_insight_partners/

For more dWeb.News Business News: https://dweb.news/news-sections/business-news/

The post BUSINESS: Secure Logistics Market Size ($75.64Bn By 2028) Impelled By Cash Management (7% CAGR) Impact Of Coronavirus Outbreak And Global Analysis & Forecast By TheInsightPartners.com appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News

Read More

Section E Earth Environment News – dWeb.News

More dWeb.News Earth Agriculture Environment News at https://dweb.news/category/dweb-news/section-e-earth-environment-news/

Similar Posts