The global market is projected to display a robust growth represented by a CAGR of 13.80% during 2017 - 2022.
The segment of Cash in Transit has witnessed growth at a noteworthy rate over the past few years and is expected to grow at a higher pace in the forecast period. On the heels of rising cash prevalence particularly in developing countries including China, India, CIC-GDP ratio and installations of ATMs has been on the rise. Among the regions, North America accounts for the largest regional share in the global cash logistics market in 2016.
Emerging nations in Asia Pacific region such as China and India have been displaying a lot of potential and is anticipated to be one of the fastest growing regions in the forecast period. Key factors driving the robust growth rate of APAC region include amplifying growth in the installation of ATMs, increase in the cash usage, re-monetisation in India, rising need for the replenishment of ATMs coupled with increasing purchasing power.
Market Dynamics - Drivers and Restraints
Porter Five Force Analysis
Product Benchmarking of key industry players
Region Wise Company Share Analysis
Policy and Regulatory Landscape
Company Analysis - G4S, Prosegur, Brinks, Loomis, GardaWorld
Key Topics Covered:
2. Global Cash Logistics Market: Growth & Forecast
3. North America Cash Logistics Market: Growth & Forecast