The global cash logistics market to grow at a CAGR of 10.18% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global cash logistics market for 2017-2021. To calculate the market size, the report considers the revenue generated from by different vendors by providing various cash logistics services, such as cash-in-transit, cash management, and ATM to various customers which include banks, corporate houses, large retailers The report also includes a discussion of the key vendors operating in this market.
The market has experienced growth due to the rising security concerns prevalent among corporate houses and financial institutions. These companies and institutions require secure services for management and movement of cash.
One trend in the market is growth of organic and inorganic prospects in cash logistics. The global cash logistics market is adopting organic and inorganic methods to expand its operations. However, the fragmented nature of most of the market and its lack of compliance with regulations are major hindrances to the inorganic growth of the market.
According to the report, one driver in the market is rise in safe and vault demand for cash management from cash logistics firms. There is always a strong demand for safety vaults and locks from the banking sector for storing cash and other valuable items. To protect vaults from burglar attacks, they are fitted with an array of alarms and anti-theft devices. These vaults have doors, panels, and locks, which possess characteristics like low maintenance, emergency ventilators, and integrated light switches with electrical boxes and ventilators. The demand for safety systems is on the rise, especially in developing regions where there is an increase in disposable income.
Other prominent vendors
- Cash Logistik Security
- CMS Infosystems
- Global Security Logistics
- General Secure Logistics Services (GSLS)
- Lemuir Secure Logistics (LSL)
- Maltacourt Global Logistics
- Paragon Security
- Securitrans India
- Security and Intelligence Services (SIS)
- Toll Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by service type
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/mzcpnv/global_cash