Growth within Global Cash Logistics Market is majorly driven by increased cash outsourcing by banks and retailers in developed markets, deployment of more ATMs in emerging markets and favourable pricing for CIT related services: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Analyst at Ken Research in their latest publication “Global Cash Logistics Market Outlook to 2023 – By Region (North America, APAC, Europe, and Latin America Middle East and Africa) and Service (Cash in Transit, Cash Replenishment, Retail Cash Management and Other Cash Services – Cash Processing, Counting, Sorting, Packing and Transportation of Valuables & Bullion)“ believe growth investments in technology based services such as automated cash machines and electronic payment processing, consolidation in developed and tie-ups in emerging markets, need to diversify products and services away from banks and financial institutions towards other end users, and for companies to leverage their expertise to handle the next wave out cash outsourcing and bank automation will provide high value solutions will drive the growth in terms of revenue at a forecasted CAGR of nearly 9.0% for the period 2019-2023. The first wave of outsourcing was driven by Banks’ need to concentrate on core banking services, reduce costs and commercial footprint. The steady rise in cash in circulation and overnight deposits drove demand for cash transportation services and ATM replenishment. Growth in Number of ATMs: While emerging markets witnessed an increase in number of ATMs deployed by banks as part of their vision financial inclusion, developed markets witnessed increase in number of independent ATM Deployers or White Label ATMs. More than half of all ATMs in United States are non-bank owned ATMs. These ATMs are usually in far off rural regions, due to which cash logistics companies received better pricing for their services. The trend of White Label ATMs was also observed to grow in Australia, where Westpac Bank sold off a portion of its ATM fleet to ATM Managed Services companies. Growth within the APAC Region: The region was observed with highest number of ATMs and large proportion of unbanked population therefore, further driving ATM deployment. Regions such as Oceania (Australia and New Zealand) have more than 80.0% outsourcing of ATMs for the year 2017. China was leading in terms of ATM deployments with more than 1 Million ATMs during 2013-2018. Countries such as India and Indonesia are large fragmented markets where many companies operate profitably due to low labor costs and low incidences of cash van robberies thus, generating low insurance costs. White Label ATMs operating in India provided opportunities for cash logistics companies to handle their cash transportation requirements. Growth in Security Services: Most global companies operating in cash logistics market are also operating in the security services market. The innovation in their security services portfolio worked to complement the growth in cash operations, improve profitability with real time monitoring of cash vans and up-gradation of cash vans to specialized armored vehicles. The rise in technology based solutions drove the sales of cash machines for retailers, banks and other cash using end users. Loomis, for instance, signed a USD 48.0 Million contract with a major retailer in United States for installation of 1000 Safe Point devices by the year ending 2023. Consolidation in Developed Markets: Companies operating on a global basis were observed to acquire local players in order to improve their market share and thus significantly achieve economies of scale. Mostly, the top 4 companies globally are leading consolidation trend by acquiring smaller regional companies. Acquisitions were also made for companies involved in technology based services such as payments service providers, cloud based solutions, Inter of Things, POS solution providers among others, to reach a greater number of end user such as retailers, industrial facilities and government entities. Key Segments Covered By Region North America Europe APAC Latin America, Middle East and Africa By Service Cash in Transit Cash Replenishment Retail Cash Management Other Cash Services – Cash Processing, Counting, Sorting, Packaging, By Countries Covered United States of America Brazil France United Kingdom Germany India Australia Indonesia Spain Saudi Arabia Key Target Audience Existing Cash Logistics Companies Investors and Venture Capital Firms Technology Based Startups Banking and Financial Institutions Government Entities ATM Managed Services Companies ATM Supply Companies Retail Stores Time Period Captured in the Report: Historical Period: 2013 -2018 Forecast Period: 2019-2023 Companies Covered: Global Brink’s Loomis Prosegur G4S France Temis Germany Ziemann Kotter Spain Trablisa Australia Armaguard United States Dunbar Brazil Rodoban Protégé TB Forte India CMS Infosystem Writer Safeguard Securevalue Logicash Radiant Cash Saudi Arabia ABANA Al Hamrani Indonesia ABACUS SSI Kejar Advantage APSG Key Topics Covered in the Report Global Cash Logistics Market Value Chain Analysis Global Cash Logistics Market Overview Global Cash Logistics Market Trends Global Cash Logistics Market Challenges Global Cash Logistics Future Projections Global Cash Logistics Market Segmentation by Region Global Cash Logistics Market Segmentation by Service Competition Analysis of Global Cash Logistics Companies Country Profiles – United States, Brazil, France, United Kingdom, Germany, India, Australia, Indonesia, Saudi Arabia, Spain For more information on the research report, refer to below link: Global Cash Logistics Market Related Reports UAE ATM Managed Services Market Outlook to 2024 – By Off-Site and On-Site ATMs and By Type of Service (Cash Management Services, ATM Maintenance Services and ATM Supply) Indonesia ATM Managed Service Market Outlook to 2023 – By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance & Others- Journal Management & ATM Reconciliation), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others – Cash Processing, Cash Vaulting & Cash Forecasting). Saudi Arabia ATM Managed Service Market Outlook to 2023 – By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others – Cash Processing, Cash Vaulting, Cash Reconciliation & Cash Forecasting) Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: ABACUS CIT Market, ABANA CIT Market, Advantage CIT Market, Al Hamrani CIT Market, APAC ATM Services Market, APAC Cash Logistics Market, APAC CIT Market, APSG CIT Market, Armaguard CIT Market, Australia ATM Services Market, Australia Cash Logistics Market, Australia CIT Market, Brazil ATM Services Market, Brazil Cash Logistics Market, Brazil CIT Market, Brink’s Cash Logistics Market, Brink’s CIT Market, Cash Logistics Analysis, CMS Infosystem CIT Market, Dunbar CIT Market, Europe ATM Services Market, Europe Cash Logistics Market, Europe CIT Market, France ATM Services Market, France Cash Logistics Market, France CIT Market, G4S Cash Logistics Market, G4S CIT Market, Germany ATM Services Market, Germany Cash Logistics Market, Germany CIT Market, Global Cash Logistics Future Trends, Global Cash Logistics Industry, Global Cash Logistics Industry Research Report, Global Cash Logistics Issues, Global Cash Logistics Market, Global Cash Logistics Market Application, Global Cash Logistics Market Forecast, Global Cash Logistics Market Future Outlook, Global Cash Logistics Market Growth, Global Cash Logistics Market Key Players, Global Cash Logistics Market Overview, Global Cash Logistics Market Research Report, Global Cash Logistics Market Revenue, Global Cash Logistics Market Sales, Global Cash Logistics Market Scope, Global Cash Logistics Market Segmentation, Global Cash Logistics Market share, Global Cash Logistics Market Size, Global Cash Logistics Market Trends, Global Cash Logistics Market Value, Global Cash Logistics Regulations, Global CIT Companies, Globaler Markt für Bargeldlogistik, India ATM Services Market, India Cash Logistics Market, India CIT Market, Indonesia ATM Services Market, Indonesia Cash Logistics Market, Indonesia CIT Market, Kejar CIT Market, Kotter CIT Market, Logicash CIT Market, Loomis Cash Logistics Market, Loomis CIT Market, Major Cash CIT Companies, Mexico ATM Services Market, Mexico Cash Logistics Market, Mexico CIT Market, North America ATM Services Market, North America Cash Logistics Market, North America CIT Market, Prosegur Cash Logistics Market, Prosegur CIT Market, Protégé CIT Market, Radiant Cash CIT Market, Retail Cash Management Market, Rodoban Cash Logistics Market, Rodoban CIT Market, Saudi Arabia ATM Services Market, Saudi Arabia Cash Logistics Market, Saudi Arabia CIT Market, Securevalue CIT Market, Spain ATM Services Market, Spain Cash Logistics Market, Spain CIT Market, SSI CIT Market, TB Forte CIT Market, Temis Cash Logistics Market, Temis CIT Market, Top ATM Managed Services Companies, Top Cash Logistics Companies, Trablisa CIT Market, United Kingdom ATM Services Market, United Kingdom Cash Logistics Market, United Kingdom CIT Market, United States ATM Services Market, United States Cash Logistics Market, United States CIT Market, Writer Safeguard CIT Market, Ziemann CIT Market, Глобальный рынок наличной логистики, السوق اللوجستية العالمية النقدية, 世界の現金物流市場, 全球现金物流市场, 글로벌 현금 물류 시장