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NEW YORK, June 27, 2022 /PRNewswire/ — The cash logistics market will continue to grow $15.84 billion from 2020 to 2025, progressive at a CAGR of 10% according to Technavio’s market forecast report. 35% of market growth will come from APAC during the forecast period. China and India are the key cash logistics markets in APAC. Market growth in this region will be slower than market growth in other regions. Expansion of banking facilities in remote locations and increase in cash circulation due to high cash demand in this region will facilitate the growth of APAC cash logistics market during the forecast period.
Further highlights of the regional segment – Request a sample report.
Cash Logistics Market 2021-2025: Scope
Our cash logistics market report covers the following areas:
Cash Logistics Market 2021-2025: Vendor Analysis
The cash logistics market is fragmented and vendors employ organic and inorganic growth strategies to compete in the marketplace. G4S Plc, GardaWorld Security Corp., GSLS, Global Security Logistics Co, Loomis AB, Prosegur Cash SA, Cash Logistik Security AG, CMS Info Systems Pvt. ltd and security and intelligence services (India) ltd are among the most important market participants.
Cash Logistics Market 2021-2025: Market Dynamics
Driver: That increasing preference for outsourcing of cash management services by financial institutions is one of the major factors contributing to the growth of cash logistics market. The increase in the number of ATMs has led to the outsourcing of cash management and security. With the growing world population, the demand for cash is increasing. This has fueled the growth of cash logistics services being outsourced by banks and financial institutions. The outsourcing of security and cash management services has shortened the time it takes cash to travel. Once the cash has been handed over to the external cash logistics company, any mishap including loss, misplacement, theft and others will result in paying high compensation to the customer. Such factors will support the market growth in the coming years.
tendencies: That increasing demand for ATMs is a major Cash Logistics market trend that will support market growth. The frequent withdrawal of cash by retail customers creates the demand for periodic cash replenishment. Such activities result in high costs for the banks in terms of labor costs, hiring cashiers, and the opportunity cost of storing large amounts of cash in ATMs and a superior cash management system. Cash recycling at modern ATMs with a cash recycler thus helps financial institutions streamline their operations at a lower cost by eliminating the cost of resources such as a counter and vault to manage cash inventory.
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Cash Logistics Market 2021-2025: Segmentation Analysis
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Get ready to achieve great business results with this exclusive offer cash logistics market Report by Technavio. The report will include highlights of the overall market including FAQs such as:
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What are historical sales figures and estimated sales figures and CAGR during the forecast period?
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What is the current trend in the market?
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Which business tactics will influence competitive scenarios and define the growth potential of the market?
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What are market drivers, restraints, and challenges impacting the market demand and growth?
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Which regions and segments will generate massive sales and become market leaders in the coming years?
The competitive scenario in the cash logistics market report analyses, evaluates and positions companies based on various performance indicators. Some of the factors considered for this analysis include financial performance of companies in recent years, growth strategies, product innovation, new product launches, investments, market share growth etc. Don’t wait, strategize and increase your business goals with our Cash Logistics market forecast report – Buy now!
Related reports:
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That freight logistics market size one Spain is expected to reach $5.39 billion by 2026, with a progressive CAGR of 4.26%.
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That logistics market Share from 2021 to 2026 is $71.96 billion at a progressive CAGR of 1.39%.
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Scope of the cash logistics market |
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report coverage |
details |
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page number |
120 |
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base year |
2020 |
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forecast period |
2021-2025 |
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Growth Dynamics & CAGR |
Accelerate at a CAGR of 10% |
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Market growth 2021-2025 |
$15.84 billion |
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market structure |
fragmented |
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YoY Growth (%) |
8.66 |
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make a market contribution |
APAC at 35% |
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competitive landscape |
Leading companies, competitive strategies, levels of consumer engagement |
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company profiled |
G4S Plc, GardaWorld Security Corp., GSLS, Global Security Logistics Co, Loomis AB, Prosegur Cash SA, Cash Logistik Security AG, CMS Info Systems Pvt. ltd and Security and Intelligence Services (India) Ltd. |
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market dynamics |
Stem Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, Impact of COVID 19 and Future Consumer Dynamics, Market Condition Analysis for Forecast Period, |
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customization area |
If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted. |
Table of Contents :
summary
market landscape
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market ecosystem
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Analysis of the value chain
market size
Five Forces Analysis
Market segmentation by service
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market segments
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Comparison by service
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Cash in transit – market size and forecast 2020-2025
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Cash Management Market Size and Forecast 2020-2025
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ATM Service – Market Size and Forecast 2020-2025
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Market opportunity through service
customer landscape
geographic landscape
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Geographic Segmentation
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Geographical comparison
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APAC – Market Size and Forecast 2020-2025
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North America – Market Size and Forecast 2020-2025
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Europe – Market Size and Forecast 2020-2025
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MEA – Market Size and Forecast 2020-2025
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South America – Market Size and Forecast 2020-2025
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Important Leading Countries
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Market Opportunities by Geography
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market leader
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market challenges
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market trends
provider landscape
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provider landscape
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disturbance of the landscape
Vendor Analysis
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providers covered
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Market positioning of providers
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Brink’s Inc.
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Cash Logistics Security AG
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CMS Info Systems Pvt. GmbH.
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G4S Plc
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Garda World Security Corp.
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GSLS
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Global Security Logistics Co.
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Loomis AB
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Prosegur Cash SA
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Security and Intelligence Services (India) GmbH.
Appendix
about us
Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.
Contact
Technavio Research
Jess Maida
Media and Marketing Executive
United States: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/
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