Market Overview

Global Secure Logistics Market 2018-2022| Growing Ability to Track Shipments Boosts Growth| Technavio


market research analysts forecast the global secure logistics market to
grow at a CAGR of almost 7% during the forecast period.

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Technavio has published a new market research report on the global secure logistics market from 2018 ...

Technavio has published a new market research report on the global secure logistics market from 2018-2022. (Graphic: Business Wire)

The growing ability to track shipments is one of the major trends being
witnessed in the global
secure logistics market 2018-2022
. Secure logistics service
providers assign a tracking code to the consumers to track the movement
and time required for the arrival of goods. The consumers are aware of
the progress made in the movement of goods owing to shipment tracking.

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market snapshot before purchasing

According to Technavio's analysts, one of the key factors contributing
to the growth of the global secure logistics market is the rising need
for secure logistics for global cash circulation:

Global secure logistics market: Rising need for
secure logistics for global cash circulation

In 2017, the increase in digital payments was expected to replace the
use of cash transactions across the globe. But, recent data has
projected that the flow of cash across the world is soaring high. The
net global cash flow in the fourth quarter of 2017 was approximately USD
1.64 million. Secure logistics is essential in making cash available to
the users as cash logistics is the backbone of cash circulation.

According to a senior research analyst at Technavio, "One of the
major factors contributing to the prevalence of cash transactions is
convenience. Cash transactions do not require a valid bank account or
phone number to complete the transaction. Additionally, it is safe to
have cash during emergencies. Owing to such factors people still rely on
cash transactions when compared with online payments."

Global secure logistics market: Segmentation

The global secure logistics market research report provides market
segmentation by service (security services and cash services) and by
region (the Americas, APAC, and EMEA). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

EMEA held the largest share of the market in 2017, accounting for close
to 41% share. It was followed by the Americas and APAC respectively. The
EMEA region is expected to dominate the market throughout the period

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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