Market Overview

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

Share:

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

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180904005782/en/

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.

This report is available at a USD 1,000 discount for a limited time
only:
View
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
analysis

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
2018-2022.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

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

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View Comments and Join the Discussion!