1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
Cash Logistics Global Market Report 2022

Cash Logistics Global Market Report 2022

  • July 2022
  • 175 pages
  • ID: 6310813
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the cash logistics market are Cash Logistics Security AG, CMS Info Systems Ltd, GardaWorld Corporation, Global Security Logistics Co, General Secure Logistics Services (GSLS), The Brink’s Company, Lemuir Group, Loomis AB, Prosegur, Dunbar International, Global Security Logistics Co., Security and Intelligence Services, Allied Universal, and MPS Security.

The global cash logistics market is expected to grow from $16.62 billion in 2021 to $18.72 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The cash logistics market is expected to reach $25.27 billion in 2026 at a CAGR of 7.8%.

The cash logistics market consists of sales of the cash logistics by entities (organizations, sole traders, and partnerships), that is used for the physical movement as well as handling of cash from one location to another.Cash logistics refers to transporting cash from client points to the cash processing centers, where it is counted, checked, inspected, and transferred into the client’s account.

It primarily manages, transmits, and protects funds by removing risks and exposing them to the public.

The main types of cash logistics are cash management, cash-in-transit, and ATM services.Cash management involves collecting and managing cash flows from the operating, investing, and financing activities of a company which includes activities like specializing in ATM cash replenishment, CIT, retail cash management, such as doorstep banking, as well as complete line maintenance, cash processing, and vaulting services are all available.

The different modes of transit include roadways, railways, and airways. These are used in financial institutions, retailers, government agencies, hospitality, and other end users.

Asia Pacific was the largest region in the cash logistics market in 2021. The regions covered in the cash logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The cash logistics market research report is one of a series of new reports that provides cash logistics market statistics, including cash logistics industry global market size, regional shares, competitors with a cash logistics market share, detailed cash logistics market segments, market trends and opportunities, and any further data you may need to thrive in the cash logistics industry. This cash logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The rise in deployment of ATMs is expected to propel the growth of the cash logistics market going forward.An ATM stands for automated teller machine.

It is a financial transaction machine and an automatic banking platform that doesn’t require a teller or a human cashier for the circulation of physical cash.The process of collecting, managing, and depositing cash at an ATM, which is outsourced by banks to users, is known as cash logistics.

For instance, according to the Reserve Bank of India, in India, the number of ATMs installed increased from 2.21 lakhs at the end of March 2019 to 2.32 lakhs at the end of December 2019 and by March 2021, the country’s total number of ATMs had risen to 2.34 lakhs. Also, there were 213,575 bank ATMs in March 2021, which was 1.3% up from March 2020. Therefore, the rising development of ATMs is driving the growth of the cash logistics market.

The introduction of mobile ATMs is a key trend gaining popularity in the cash logistics market.Major companies operating in the cash logistics market are focused on introducing mobile ATMs to meet consumer demand and strengthen their position.

For instance, in May 2021, in India, HDFC Bank, an Indian banking and financial services company deployed mobile Automated Teller Machines (ATMs) to help clients and provide innovative services.The mobile ATMs would eliminate the need for people to withdraw cash in limited or sealed locations.

Also, in 2021, HDFC Bank has implemented mobile ATMs in approximately 50 cities in India.Bengaluru is the bank’s 25th city to receive Mobile ATMs in 2021.

Customers can complete over 15 different sorts of transactions using the mobile ATM, which will be available for a limited time at each location.

In April 2021, Allied Universal, a US-based provider of security systems and services acquired G4S for a deal amount of £3.8billion ($4.007 Billion). With this acquisition, Allied Universal would become the third-largest employer in North America and a global leader in integrated security, offering customers an unrivaled breadth of competence and new prospects. G4S is a UK-based company that offers secure, physical transportation of money, including banknotes and coins, from one place to another.

The countries covered in the cash logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Aviation MRO Logistics Industry

  • $ 4950
  • October 2022
  • 274 pages

Abstract: What’s New for 2022?? Global competitiveness and key competitor percentage market shares Market presence across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-pee ...

  • World
  • China
  • Logistics
  • Aviation
  • Industry analysis

ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on