Global Cash Logistics Market Set to Witness Sustainable Growth, According to New Study by Azoth Analytics Published at MarketPublishers.com01 Jul 2016 • by Natalie Aster
LONDON – Nowadays, the worldwide market for cash logistics services is on the rise owing to the enhancing security concerns amid banks and corporate organisations, which need secure movement and also management services for cash. Moreover, considerable raise in the ATM sector and expanding usage of electronic payment systems also contribute to the growth of the cash logistics services demand. However, increasing popularity of mobile wallets and plastic money is to some extend hindering the cash logistics market growth.
Regionally, APAC is set to be the number one region in terms of emerging lucrative opportunities opened to the local market players. The regional cash logistics services market is expected to register high growth rates from 2016 till 2021.
From 2011 to 2015, the world market for cash logistics increased at a CAGR of 8.3%; however, the annual growth rate of this market is expected to slow down through 2021.
New research report “Global Cash Logistics Market” prepared by Azoth Analytics provides a profound insight into the global market for cash logistics, focuses on the historical market development (2011-2015), explores the current scenario, presents a detailed market segmentation analysis and also outlines top growth prospects for the cash logistics market up to 2021. A detailed overview of the competitive landscape and profiles of the most influential market players are available in the report. The report reviews the cash logistics market performance at various geographical scales, explores the market dynamics and scrutinizes the major factors influencing the global cash logistics market growth.
Other cutting-edge research reports by Azoth Analytics are available in this Market Publishers' catalogue.