How Technology is Changing the Future of Cash Logistics

Cash logistic means physical transfer of banknotes, coin from one place to another. It involves all the activities, such as collecting, handling, and transfer. The cash centers and bank branches, ATM points, large retailers, and others are holding large amounts of cash that to be transferred from one place to another; this drives the cash logistics market. The physical transfer of cash may not be taken lightly, and it gives more security for that purpose; it raises demand for the cash logistic market globally.

The services such as cash-in-transit, ATM services, cash management are rising demand for the cash logistic market. They are increasing cash demand for the emerging economies rising demand for the cash logistic market. However, the increase in digital transactions and cash-in-transit robberies restrain the growth of the market. Hike in a cash transaction, ATM services, banks, financial institution require enhanced security; hence, it demands cash logistics which create a lucrative opportunity for the market player of the cash logistics market.

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Top Leading Market Players:

1. The Brink's Company
2. Cash Logistik Security AG
3. CMS Info Systems Ltd.
4. G4S plc.
5. Garda World Security Corporation
6. Global Security Logistics Co.
7. GSLS
8. Lemuir Group
9. Loomis AB
10. Prosegur Cash, S.A.

The Cash Logistics Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

The global cash logistics market is segmented on the basis of services, end-user. On the basis of services the market is segmented as cash-in-transit, ATM services, cash management. On the basis of end-user the market is segmented as retailers, government agencies, financial institution, others.

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