Cash Logistics Market Growing at a CAGR of 10.18% During 2017 to 2021 Says a New Report at ReportsnReports.com

PUNE, India, April 28, 2017 /PRNewswire/ --

One trend in the cash logistics market is growth of organic and inorganic prospects in cash logistics. The global cash logistics market is adopting organic and inorganic methods to expand its operations. However, the fragmented nature of most of the market and its lack of compliance with regulations are major hindrances to the inorganic growth of the market.

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The analysts forecast global cash logistics market to grow at a CAGR of 10.18% during the period 2017-2021. One driver in the market is rise in safe and vault demand for cash management from cash logistics firms. There is always a strong demand for safety vaults and locks from the banking sector for storing cash and other valuable items. To protect vaults from burglar attacks, they are fitted with an array of alarms and anti-theft devices. These vaults have doors, panels, and locks, which possess characteristics like low maintenance, emergency ventilators, and integrated light switches with electrical boxes and ventilators. The demand for safety systems is on the rise, especially in developing regions where there is an increase in disposable income.

Main players in the global cash logistics market: Brink's, G4S, GardaWorld, Loomis and Prosegur. Other Prominent Vendors in the market are: Cash Logistik Security, CMS Infosystems, Global Security Logistics, General Secure Logistics Services (GSLS), Lemuir Secure Logistics (LSL), Maltacourt Global Logistics, Paragon Security, Securitrans India, Securitas, Security and Intelligence Services (SIS), Toll Group and Writer Safeguard.

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The cash logistics market report covers the present scenario and the growth prospects of the global market for 2017-2021. To calculate the market size, the report considers the revenue generated from by different vendors by providing various cash logistics services, such as cash-in-transit, cash management, and ATM to various customers which include banks, corporate houses, large retailers

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