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Global Cash Logistics Market (2018-2022) is Projected to Grow at a CAGR of 10.06% - Led by Brink’s, G4S, Gardaworld, Loomis, and Prosegur Cash - ResearchAndMarkets.com

October 9, 2018

DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Global Cash Logistics Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The global cash logistics market is forecast to grow at a CAGR of 10.06% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To survive in this highly competitive market, cash logistics companies, such as Loomis, Prosegur Cash, Brinks, G4S and Gardaworld are adopting various growth strategies and exploring new end-user segments to expand their business operations. This will be a key trend that will contribute to the growth of the cash logistics market. According to the report, one of the major drivers for this market is the growth of the global banknote market. Cash payment still remains the preferred mode of retail payment in developing countries, despite the growth in digital transactions. The need for hard cash will create a demand for banknotes which in turn will trigger the growth of the cash logistics market. Further, the report states that one of the major factors hindering the growth of this market is the growing digitalization of banking systems. Several government authorities are switching to digital payments to reduce corruption and administration costs. This will reduce the hard cash circulation which in turn will negatively impact the growth of the cash logistics market.Market TrendsAdoption of Growth Strategies by the Cash Logistics Service ProvidersExpected Opportunities from Unbanked PopulationExpected Growth of Organized Retail Sector in APAC

Key Vendors

Brink’sG4SGardaworldLoomisProsegur Cash

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Service

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/466tft/global_cash?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005690/en/

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Related Topics:Logistics

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE RETAIL OTHER RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/09/2018 08:59 AM/DISC: 10/09/2018 08:59 AM

http://www.businesswire.com/news/home/20181009005690/en

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