Landscape Of The Worldwide Cash Logistics Market Outlook: Ken Research
by Rati Ram Business DeveloperThe Cash logistics
service
denotes to the physical shipment as well as handling of cash from one location
to another. It comprises of services such as cash-in-transit, cash management,
and ATM replacement. Physical movement of cash from one location to another is involved
in the cash-in-transit services. The Cash management consists of services such
as packaging, sorting, checking quality of bills, and several others. The
implementation of the cash logistics services decreases the operating cost, delivers
the efficient project management, dependable infrastructure, and numerous others.
The enormous growth in
ATMs worldwide, expressly in developed regions to bring more people under the
banking system has been the foremost growth drivers. The growth in retail end
user sector has been influenced by the requirement for the cash automation
services. This has forced cash logistics corporates to shift away from
traditional cash services to smart cash devices to automate retail front and
back end cash functions.
Not only has this, the aspects
such as growth in movement of cash, effective augment in demand for safe and
vault for cash management, and increment in the deployment of ATMs, fuel the
growth of the market. However, increment in cash-in-transit vehicle robberies
and augment in the acceptance of digital money are predicted to hamper the
growth of the market. Furthermore, the introduction of the fully automated
cash-in-transit vehicle and increase in cash requirement from the emerging regions
create lucrative opportunities for the players functioning in the cash
logistics market.
Nonetheless, based on the
services, the global market of the cash
logistics is sectored into cash-in-transit, cash replenishment, retail cash
management and other cash management services. Whereas, the Cash in Transit
service sector has conventionally been a cash cow for cash logistics corporates
are circulation of cash has been progressively increasing. The growth in the
number of ATMs has underwritten to the growth in the Cash Replenishment
Service, which also accompaniments the growth in Cash in Transit Services. The effective
augment of the digital payments in recent years has diminished the
profitability from these services owing to increasing costs linked with
handling of cash. Moreover, the potential corporates have invested in new
technology based products and services that have given increase to Smart Cash
machines that automate the cash cycle and approve the usage of digital
technology.
According to the research,
it is predicted that the competition in the worldwide cash logistics market was effectively witnessed to be
judiciously fragmented among 4 players who control a mainstream share for the
period of 2013-2018. The market was witnessed to have more than 500 players
functioning, with just 4 corporates operating around the globe. While corporates
compete on basis of traditional cash handling services, the increment of the
digital technology has shifted their efforts towards automating their services
and installing more technology. With traditional services suffering from decreasing
margins, consolidation has started and is increasing among the top corporates.
The requirement for the Consolidation is fueled by the requirement for corporates
to enter new markets, huge increment in the market share in existing markets,
and diversify product and service portfolios to accommodate technology based contributions.
Furthermore, it is anticipated that in the coming years, the market of cash logistics will increase
around the globe over the coming years more positively.
Key Segments Covered
By Region
North America
Europe
APAC
Latin America, Middle East and Africa
By Service
Cash in Transit
Cash Replenishment
Retail Cash Management
Other Cash Services – Cash Processing,
Counting, Sorting, Packaging
By Countries Covered
United
States of America
Brazil
France
United
Kingdom
Germany
India
Australia
Indonesia
Spain
Saudi
Arabia
Key Target Audience
Existing
Cash Logistics Companies
Investors
and Venture Capital Firms
Technology
Based Startups
Banking and
Financial Institutions
Government
Entities
ATM Managed
Services Companies
ATM Supply
Companies
Retail
Stores
Time Period Captured in the
Report:
Historical Period: 2013 -2018
Forecast Period: 2019-2023
Companies Covered:
Global
Brink’s
Loomis
Prosegur
G4S
France
Temis
Germany
Ziemann
Kotter
Spain
Trablisa
Australia
Armaguard
United States
Dunbar
Brazil
Rodoban
Protégé
TB Forte
India
CMS Infosystem
Writer Safeguard
Securevalue
Logicash
Radiant Cash
Saudi Arabia
ABANA
Al Hamrani
Indonesia
ABACUS
SSI
Kejar
Advantage
APSG
Key Topics Covered in the
Report
Global Cash Logistics Market Value Chain Analysis
Global Cash Logistics Market Overview
Global Cash Logistics Market Trends
Global Cash Logistics Market Challenges
Global Cash Logistics Future Projections
Global Cash Logistics Market Segmentation by Region
Global Cash Logistics Market Segmentation by Service
Competition Analysis of Global Cash Logistics Companies
Country Profiles – United States, Brazil, France, United Kingdom,
Germany, India, Australia, Indonesia, Saudi Arabia, Spain
For more information on the research
report, refer to below link:
Related reports
Global Cash Logistics Market Analysis
2013-2018 and Forecast 2019-2024
Contact Us:
Ken Research
Ankur Gupta,
Head Marketing & Communications
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Created on Dec 23rd 2019 01:29. Viewed 380 times.