Secure logistics refer to physical transportation of cash and other valuables from one location to another. It involves guarding and manning high-risk zones such as embassies, airports, and public venues. Cash services and providing security to important venues form the major part of secure logistics. Cash services include a gamut of services such as ATM services, armored cash transportation and management, transport of valuables, and international shipping of high-tech devices. Security services include armed and unarmed guarding, protection services, and electronic monitoring of premises. The Secure Logistics industry is labor intensive as well as capital intensive.
Global Secure Logistics market to grow at a CAGR of 9.47% over the period 2014-2019.
Our analyst researched the following companies as the key players in the Global Secure Logistics Market: Brink’s, G4S plc, GardaWorld Security Corp., Loomis and Prosegur.
Other Prominent Vendors in the market are: Cash Logistik Security AG, CMS Info Systems Pvt. Ltd., Securitrans India Pvt. Ltd., Securitas AB, Security and Intelligence Services, Toll Group and Writer Safeguard.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Secure Logistics market for the period 2015-2019. The market is segmented according to the service offered by the major players and on the basis of geography.
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Global Secure Logistics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Secure Logistics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an our analyst said: “Increased affinity towards Outsourcing is one of the emerging trends in this market. An increased affinity toward outsourcing total cash management, security, and surveillance by banks, financial institutions, and other customers is observed as the customers are expanding their businesses and are looking at fully-integrated solutions for their cash transit and security needs.”
According to the report, with an increase in terrorism and organized crime, the need for professional security systems and professionals also increased. The cash logistics firms have slowly moved from traditional ways of manning premises to advanced ways of regular monitoring and neutralization techniques.
Further, the report states that the industry is highly competitive with vast regions still untapped especially in Asia, Africa, and South America. Nearly 60 percent of the market is concentrated in the hands of five to six top players, while the remaining 40 percent is held by smaller fragmented players.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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