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Secure Logistics Market by Service and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 140
  • SKU: IRTNTR41108
Technavio

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Based on Technavio's market sizing methodology, the secure logistics market size is predicted to surge by USD 25.22 billion from 2021 to 2026 at a CAGR of 6.56%.

This secure logistics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The secure logistics market report also offers information on several market vendors, including AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., Global Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., Writer Business Services Pvt. Ltd., and GardaWorld Security Corp. among others.

This report extensively covers secure logistics market segmentation by the following:

  • Service - Security services and Cash services
  • Geography - APAC, North America, Europe, Middle East and Africa, and South America

What will the Secure Logistics Market Size be During the Forecast Period?

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Secure Logistics Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising need for secure logistics for global cash circulation is notably driving the secure logistics market growth, although factors such as the competition from multiple secure logistics players may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the secure logistics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Secure Logistics Market Driver

  • One of the key factors driving growth in the secure logistics market is the rising need for secure logistics for global cash circulation.
  • Cash circulation is the regular and continuous use of monetary units of cash for market transactions.
  • In 2020, the rise of digital payments was anticipated to replace the use of cash for transactions across the world. However, recent data still shows that the flow of cash across the world, especially in developing countries, is soaring high.
  • Convenience is a reason behind the prevalence of cash transactions. One of the convenient features of cash transactions is that cash transactions do not need a valid bank account or a phone number to complete the transaction.
  • Cash remains one of the most important payment methods all over the world, despite the rise of electronic and mobile payment methods,
  • As cash logistics is the backbone of cash circulation, secure logistics emerges as an important process in making cash available to users.

Key Secure Logistics Market Trend

  • The growing ability to track shipments is a secure logistics market trend that is expected to have a positive impact in the coming years.
  • Secure logistics providers allocate consumers with a tracking code to track the movement and time required for the arrival of goods.
  • The shippers can keep track of the exact pick-up time of the goods and the total transit time, and in case of a delay, shippers can accordingly make cost-effective changes to enhance the performance of logistics. 
  • The shippers can track and inform customers about delays, besides being able to change the mode of transportation for process improvement if required.
  • Traditional tracking devices, such as bar codes and radio frequency identification (RFID), still remain relevant. However, innovations and the declining cost of cellular and satellite technology make it easier to secure near-real-time coverage across almost the entire globe.
  • The continuous advancements in shipment tracking technologies for better supply chain visibility are a recent trend in the market.

Key Secure Logistics Market Challenge

  • The competition from multiple secure logistics players will be a major challenge for the secure logistics market during the forecast period.
  • The main reason for the presence of multiple secure logistics players in the market is globalization, which has opened the market to many competitors providing similar services but with unique selling propositions that help differentiate them from other providers.
  • Adapting logistics models to the needs of customers is one of the challenges faced by competitors and many companies that do not provide logistics as a core competency opt for outsourcing a part of or the entire logistics process.
  • Logistics providers need to align the company’s value chain based on, cost optimization, order processing, and fixed assets.
  • In the global secure logistics market, successful logistics players gain a competitive advantage by selecting a model that best suits the company’s objectives and is adherent customers’ requirements.

This secure logistics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global secure logistics market as a part of the global air freight and logistics market within the global transportation market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the secure logistics market during the forecast period.

Who are the Major Secure Logistics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AGS Transact Technologies Ltd.
  • Allied Universal
  • Cash Logistik Security AG
  • CMS Info Systems Ltd.
  • Global Security Logistics Co.
  • Japan Post Holdings Co. Ltd.
  • Loomis AB
  • Paragon Security
  • Prosegur Compania de Seguridad SA
  • Securitas AB
  • Security Plus Group
  • SIS Ltd.
  • SSL Logistics
  • StorageVault Canada Inc.
  • The Brinks Co.
  • Writer Business Services Pvt. Ltd.
  • GardaWorld Security Corp.

 

This statistical study of the secure logistics market encompasses successful business strategies deployed by the key vendors. The secure logistics market is concentrated and the vendors are deploying growth strategies such as introducing futuristic products with a high storage capacity to compete in the market.

Product Insights and News

  • Allied Universal - Allied Universal is a privately held company headquartered in US. It is a global company generating $18,000 million in revenues and has around 800,000 employees. Its revenue from the global secure logistics market is a key component of its overall revenues. 
  • Allied Universal - The company offers commercial security systems such as web and GPS-based patrol route management. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The secure logistics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Secure Logistics Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the secure logistics market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Secure Logistics Market?

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35% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for secure logistics in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increasing security requirements will facilitate the secure logistics market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The secure logistics market in the region was negatively impacted by the COVID-19 outbreak in 2020. The major economic turmoil and disruptions in the supply chain of air freight and logistics operations severely impacted the regional logistical operations, primarily during the first half of 2020. However, with the gradual recovery of economies in APAC from the COVID-19 crisis due to the resumption of activities and the adoption of e-commerce models by various end-user industries, including the automotive industry, the regional secure logistics market is expected to rebound during the forecast period.

What are the Revenue-generating Service Segments in the Secure Logistics Market?

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The secure logistics market share growth by the security services segment will be significant during the forecast period. An increase in the outsourcing of security services can be attributed to the growing need to outsource non-core activities to prominent vendors for focusing on the core competencies of the company. This is a trend seen globally in the market due to the high additional cost of maintaining an in-house security team, recruiting eligible candidates, and managing security personnel. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the secure logistics market size and actionable market insights on post COVID-19 impact on each segment.

 

Secure Logistics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.56%

Market growth 2022-2026

$ 25.22 billion

Market structure

Concentrated

YoY growth (%)

6.15

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 35%

Key consumer countries

US, Canada, China, India, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., Global Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., Writer Business Services Pvt. Ltd., and GardaWorld Security Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Secure Logistics Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive secure logistics market growth during the next five years
  • Precise estimation of the secure logistics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the secure logistics industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of secure logistics market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Service

    • 5.1 Market segments
      • Exhibit 24: Chart on Service - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Service - Market share 2021-2026 (%)
    • 5.2 Comparison by Service
      • Exhibit 26: Chart on Comparison by Service
      • Exhibit 27: Data Table on Comparison by Service
    • 5.3 Security services - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Security services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Security services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Security services - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Security services - Year-over-year growth 2021-2026 (%)
    • 5.4 Cash services - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Cash services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Cash services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Cash services - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Cash services - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Service
      • Exhibit 36: Market opportunity by Service ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Canada - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Allied Universal
              • Exhibit 93: Allied Universal - Overview
              • Exhibit 94: Allied Universal - Product / Service
              • Exhibit 95: Allied Universal - Key news
              • Exhibit 96: Allied Universal - Key offerings
            • 10.4 Cash Logistik Security AG
              • Exhibit 97: Cash Logistik Security AG - Overview
              • Exhibit 98: Cash Logistik Security AG - Product / Service
              • Exhibit 99: Cash Logistik Security AG - Key offerings
            • 10.5 CMS Info Systems Ltd.
              • Exhibit 100: CMS Info Systems Ltd. - Overview
              • Exhibit 101: CMS Info Systems Ltd. - Product / Service
              • Exhibit 102: CMS Info Systems Ltd. - Key news
              • Exhibit 103: CMS Info Systems Ltd. - Key offerings
            • 10.6 GardaWorld Security Corp.
              • Exhibit 104: GardaWorld Security Corp. - Overview
              • Exhibit 105: GardaWorld Security Corp. - Product / Service
              • Exhibit 106: GardaWorld Security Corp. - Key news
              • Exhibit 107: GardaWorld Security Corp. - Key offerings
            • 10.7 Global Security Logistics Co.
              • Exhibit 108: Global Security Logistics Co. - Overview
              • Exhibit 109: Global Security Logistics Co. - Product / Service
              • Exhibit 110: Global Security Logistics Co. - Key offerings
            • 10.8 Loomis AB
              • Exhibit 111: Loomis AB - Overview
              • Exhibit 112: Loomis AB - Business segments
              • Exhibit 113: Loomis AB - Key news
              • Exhibit 114: Loomis AB - Key offerings
              • Exhibit 115: Loomis AB - Segment focus
            • 10.9 Prosegur Compania de Seguridad SA
              • Exhibit 116: Prosegur Compania de Seguridad SA - Overview
              • Exhibit 117: Prosegur Compania de Seguridad SA - Business segments
              • Exhibit 118: Prosegur Compania de Seguridad SA - Key offerings
              • Exhibit 119: Prosegur Compania de Seguridad SA - Segment focus
            • 10.10 Securitas AB
              • Exhibit 120: Securitas AB - Overview
              • Exhibit 121: Securitas AB - Product / Service
              • Exhibit 122: Securitas AB - Key news
              • Exhibit 123: Securitas AB - Key offerings
            • 10.11 SIS Ltd.
              • Exhibit 124: SIS Ltd. - Overview
              • Exhibit 125: SIS Ltd. - Business segments
              • Exhibit 126: SIS Ltd. - Key offerings
              • Exhibit 127: SIS Ltd. - Segment focus
            • 10.12 The Brinks Co.
              • Exhibit 128: The Brinks Co. - Overview
              • Exhibit 129: The Brinks Co. - Business segments
              • Exhibit 130: The Brinks Co. - Key news
              • Exhibit 131: The Brinks Co. - Key offerings
              • Exhibit 132: The Brinks Co. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The secure logistics market growth will increase by $25222.98 million during 2022-2026.
              The secure logistics market is expected to grow at a CAGR of 6.56% during 2022-2026.
              Technavio has segmented the secure logistics market by service (Security services and Cash services) and geographic (APAC, North America, Europe, Middle East and Africa, and South America).
              AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., Global Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., Writer Business Services Pvt. Ltd., GardaWorld Security Corp. are a few of the key vendors in the secure logistics market.
              APAC will register the highest growth rate of 34.83% among the other regions. Therefore, the secure logistics market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Canada
              • China
              • India
              • Germany
              • UK
              The key factors driving the secure logistics market growth are:
              • Rising need for secure logistics for global cash circulation
              • Growing ability to track shipments
              The secure logistics market vendors should focus on grabbing business opportunities from the security services segment as it accounted for the largest market share in the base year.
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