Cash Logistics Market Growth of 5.27% CAGR Driven by Cash in Transit to 2021
PUNE, India, June 17, 2016 /PRNewswire/ --
New research "Global Cash Logistics Market: Trends, Opportunities and Forecasts (2016-2021) has analysed the market by Segment (Cash in Transit, Cash management) and by Region (North America, Europe, APAC, ROW)" provides market entry strategies, company analysis as well as strategic recommendations on the cash logistics sector. The report brings out the drivers and challenges for the growth of the market along with recommendations for existing and prospective entrants in the cash logistics market. The growth is essentially driven by increased consumer spending in cash coupled with rising penetration of ATMs.
Complete report Cash Logistics Market spread across 100 pages, analysing 4 companies and provides 54 data figures is now available at http://www.rnrmarketresearch.com/global-cash-logistics-market-by-segment-by-region-trends-opportunities-and-forecasts-2016-2021-by-segment-cash-in-transit-cash-management-by-region-north-america-europe-apac-row-market-entry-stra-endations-market-report.html.
An in-depth analysis of the cash logistics market is presented in the report which describes the recent developments in the market as well the fiscal condition of the well-established players. The report also presents strategic recommendations to make the most of the opportunities in the cash logistics market.
Cash in Transit segment dominates the overall cash logistics market; however, cash management segment follows closely in revenue generated for the companies. The Global Cash Logistics market is expected to grow with a CAGR 5.27% in the forecast period as the challenges presented by growing popularity of the emerging electronic payments and other methods are likely to hit the market.
This 2016 cash logistics market research provides extensive analysis of the market and highlights the major opportunities and challenges of the industry. The report is tailor made for investors and facilitates the decision making process of players to give them an edge over others.
Companies profiled in this report are Prosegur, G4S, Brinks and Loomis. Order a Copy of Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=615138.
Another related report is Global Secure Logistics Market 2016-2020. Vendors in the global secure logistics market are involved in the physical transportation of cash and other valuables from one location to another. The analysts forecast global secure logistics market to grow at a CAGR of 9.38% during the period 2016-2020. To calculate the market size, the report considers the revenue generated from different geographical regions.
The following companies are the key players in the Global Secure Logistics Market: Brink's, G4S, GardaWorld, Loomis, and Prosegur. Other Prominent Vendors in the market are: Cash Logistik Security, CMS Info Systems, General Secure Logistics Services, Global Security Logistics, Lemuir Secure Logistics, Maltacourt, Paragon Security, Securitrans India, Securitas, Security and Intelligence Services, Toll Group, and Writer Safeguard.
According to the report, a key driver of market growth is the shift by secure logistics providers to emerging markets. Over the past few years, there has been a steady shift of operational bases by multinational secure logistics companies to emerging markets such as Asia and South America. The secure logistics market in APAC is expected to register the fastest growth during the forecast period, posting a CAGR of 6.12%. The banking crisis witnessed in Europe in 2009 has prompted these moves, as secure logistics companies took a big hit during this crisis, with many banks and financial institutions requesting bailouts. Secure logistics companies are also moving to developing markets to expand their reach and avail first-mover advantage in these markets. Complete report is available at http://www.rnrmarketresearch.com/global-secure-logistics-market-2016-2020-market-report.html.
Explore other reports on logistics & shipping market http://www.rnrmarketresearch.com/reports/automotive-transportation/logistics-shipping.
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