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2022
Secure Logistics Market

Secure Logistics Market by Type (Static and Mobile)and Application (Cash Management, Diamonds, Jewelry, Precious Metal, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14801
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Feb 2022 | 221 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Secure Logistics Market

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Secure logistics was designed to shift the professionals’ confidence in the security system and on-time capacity while accomplishing customer needs accordingly. Secure logistics thrives in a precious and time-sensitive product environment. The increase in security concerns among corporate and banks have increased the requirement of secure logistics & management services for currency. Hence secure logistics is considered to be a necessary platform for cash protection. The cash management segmentation includes cash-in-transit, cash processing, and automated teller machine (ATM) services. The service provider utilizes the transport & security valuables to reduce the risk of theft & increase security. The banking industry across the globe is transforming owing to the changes in technical innovation in the financial sector.

Moreover, banking in emerging economies is now a highly protected industry, having regulated deposits and restrictions for domestic & foreign entry. The responsible authorities for the secure logistics industry include the Ministry of Justice, the Ministry of Interior, and the Police. The surge in demand for cash distribution in the global market drives the need for cash logistics, fueling the secure logistics industry's market growth.

Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast unit

  Value (USD)

  Segments covered

  Type and Application

  Companies covered

 

Allied Universal, Brink’s Incorporated, G4S plc, GardaWorld, Loomis AB, Maltacourt, My Alarm Center, Prosegur Cash, Securitas AB, and SECURITY AND INTELLIGENCE SERVICES (INDIA) LIMITED 

 

 

 

COVID-19 Impact Analysis

The COVID-19 has affected several economies and industries in various countries due to lockdowns, travel restrictions, and business shutdowns. As the pandemic outbreak caused disruptions, the transportation & logistics were hampered in various ways across air, freight, and sea segments. Shutdowns of multiple plants & factories have affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and product sales across the globe. Travel restrictions, night curfews, and flight cancellations also impacted decrease in logistics activities & revenue of service providers. During pandemic, China being the most affected global manufacturing hub, as the import & export of manufacturing goods and agricultural commodities has declined globally. The pandemic has been anticipated to negatively affect non-essential goods retail & ground cargo demand across the globe.


Top Impacting Factors

  • Growth in the global cash circulation, automation  in warehouse , and exponential rise in the ecommerce industry drive the secure logistics market. 
  • Growth in penetration of mobile payments & online banking, poor logistics management, cybersecurity challenges, and increase in cost issues of petrol restrain the growth of the secure logistics industry.   
  • Technology improvements with a skilled workforce, business operations change, self-driving vehicles, and demand for digital solutions with companies provide growth opportunities in the secure logistics market.

The Secure Logistics Market Trends are as Follows:

Growth in the Global Cash Circulation:

The cash management segment dominated the secure logistics industry in 2015 and is expected to remain dominant during the forecast period. According to the Reserve Bank of India (RBI), cash in circulation increased by 14.7% in value & 6.6% in volume between March 2019 and 2020. This growth is attributed to the rapidly growing penetration of ATMs and other cash logistics services in emerging countries, such as cash-in-transit, cash processing, and other services. Endorsement of cash logistics services has made cash management efficient and other advantages such as efficient cash flow & less chance of mistakes. Therefore, rise in cash circulation boosts the growth of the global secure logistics market. 

Key Benefits of the Report:

  • This study presents the analytical depiction of the secure logistics market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the secure logistics market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario  of the secure logistics market.
  • The report provides a detailed secure logistics market analysis based on competitive intensity and the competition that will take shape in coming years.

Questions Answered in the Secure Logistics Market research report:

  • Which are the leading market players active in the secure logistics market?
  • What would be the detailed impact of COVID-19 on the market?
  • What are the current trends that  would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the secure logistics market?
  • What are the future projections that would help in taking further strategic steps? 

Key Market Segments

Segments Sub-segments
Type
  • Static
  • Mobile
Application
  • Cash Management
  • Diamonds
  • Jewelry and Precious Metal
  • Manufacturing
  • Others
Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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