Home > Automotive > Automotive Logistics > Integrated Logistics > Cash Logistics Market

Cash Logistics Market Trends

Report ID: GMI10581
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Cash Logistics Market Trends

The adoption of cash recycling ATMs is a notable trend in the cash logistics industry. These advanced machines can accept deposits, verify the authenticity of banknotes, and reuse these notes for subsequent withdrawals. This technology significantly reduces the frequency of cash replenishments and collections, leading to lower operational costs and improved efficiency. Cash recycling ATMs also enhance security by minimizing the amount of cash in transit and storage.

For instance, in June 2024, CMS Info Systems expanded its remote monitoring system, now applied at over 25,000 ATMs and other locations. This enhancement boosts security and operational efficiency, reinforcing CMS’s leadership in the market.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of cash logistics reached USD 23.2 billion in 2023 and is set to register over 5% CAGR between 2024 and 2032, led by the increasing demand for secure and efficient cash management solutions in both developed and developing economies.

The roadways segment in the cash logistics industry is expected to reach USD 20 billion by 2032, due to their widespread and flexible network, and efficient cash logistics distribution.

North America cash logistics market held 35% revenue share in 2023, driven by advanced technology adoption and high investments in security systems.

Brink's Incorporated, Cash Logistik Security AG, CMS Info Systems Ltd., G4S Limited, GardaWorld, Global Security Logistic Co., and Security and Intelligence Services Ltd.