Dublin, April 05, 2024 (GLOBE NEWSWIRE) -- The "Cash Logistics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Cash Logistics Market to Reach $55.1 Billion by 2030
The global market for Cash Logistics estimated at US$30.9 Billion in the year 2023, is projected to reach a revised size of US$55.1 Billion by 2030, growing at a CAGR of 7.5% over the analysis period 2023-2030.
Cash-in-Transit, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$24 Billion by the end of the analysis period. Growth in the Cash Management segment is estimated at 8.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.9 Billion, While China is Forecast to Grow at 9.3% CAGR
The Cash Logistics market in the U.S. is estimated at US$8.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 7.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.
MARKET OVERVIEW
- Global Economic Update
- As the Universally Accepted Payment Mode, Cash is Here to Stay!
- Cash Logistics Market Set to Continue Minting Money with Brisk Business
- Cash-in-Transit Leads Cash Logistics Market
- Financial Institutions: Largest End-Use Segment
- Regional Analysis
- Competition
- Cash Logistics - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- World Brands
- Recent Market Activity
MARKET TRENDS & DRIVERS
- As Cash Continues to be an Important Part of the Global Economy, Cash Logistics Market Poised for Growth
- Factors Influencing Use of Cash: Percentage Breakdown by Consumer Preference
- Sustained Growth in ATM Services Boosts Market Prospects
- Worldwide Installed Base of ATMs in Millions for the Years 2015, 2017, 2019, 2021, 2023, and 2025
- Growing Density of ATMs to Benefit Demand for Cash Logistics Services
- Growing Number of ATMs Highlight the Fact that Cash is Still King: Global ATM Density Per 100,000 People (In Number of Units)
- Countries with Highest Number of ATMs Per Capita: Number of ATMs Per 100,000 People
- Rise of Multi-Functional ATMs Popular for Cash Deposits Drives Demand for Cash Deposit Bags Among Bank Customers
- Prominent Trends Indicating Future Course of ATMs & Cash Logistics
- Innovations Influencing ATMs & Creating Roadmap for Tomorrow in Banking
- As an Industry Dealing with Cash, Casinos Offer Room for Significant Growth
- As Revenues From Casinos Increase So Will the Need for Cash Logistics: Global Casino Revenues (In US$ Billion) by Region for the Years 2021, 2023, 2025 & 2027
- Cash-in-Transit Industry Looks to Slash Cash Handling Costs
- Technological Trends in Cash in Transit Industry
- Cash Management Services Imperative to Banking Sector
- Smart Digital Emerges as Next Chapter in Evolution of Cash Management
- Interplay of Dynamic Trends with Positive Ramifications for Cash Management
- How Emerging Technology Trends are Altering the Future of Cash Management?
- AI Presents Immense Opportunities for Cash Management
- Cash Management Automation: Essential for Business Continuity
- Various Methods for Automating Cash Management
- Innovative Digital Cash Management Experiences for Retailers
- Cash Management Outsourcing to Third Party Companies Gains Prominence
- SMEs in Need of Cash Management Solutions
- Growth in Digital Payments Presents a Challenge for Cash Logistics Market
- Money Laundering Through the Physical Transportation of Cash Emerges a Major Concern
- Cash Larceny Remains a Major Threat for Cash Businesses Worldwide
FOCUS ON SELECT PLAYERS(Total 179 Featured)
- Brink's Incorporated
- Cash Logistics Security AG
- CMS Info Systems Ltd.
- G4S Ltd
- GardaWorld
- Global Security Logistic Co.
- GSLS
- Loomis AB
- Prosegur
- Security and Intelligence Services Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/99tj3g
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