PUBLISHER: IMARC | PRODUCT CODE: 1541341
PUBLISHER: IMARC | PRODUCT CODE: 1541341
The global secure logistics market size reached US$ 82.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 143.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.13% during 2024-2032.
Secure logistics refers to a comprehensive security system used for safeguarding warehouses, storage and manufacturing units. It offers remote monitoring of the entire supply chain process with minimal disruptions to improve the overall efficiency of the organization. It consists of high-security infrastructure with centrally located storage facilities that provide flexible access through multiple locations and long-term and in-transit solutions to manage high-value commodities. As a result, it is deployed across industries for the supervision of assets, project management, cost estimation, procurement, issuance, inventory management and logistics management.
The increasing utilization of transportation management systems (TMS) across the globe represents one of the key factors driving the growth of the market. The TMS utilizes secure logistics to process shipments and maintain transparency of operations. Furthermore, the growing demand for precious metals and diamonds for jewelry and other applications is providing a thrust to the market growth. Security logistics is used for the monitoring of consignments with tracking codes and providing customer support in case of any unprecedented delays. In line with this, significant growth in the banking, financial services and insurance (BFSI) industry, in confluence with increasing digitization across various other industries, is acting as another growth-inducing factor. Banking in both the emerging and developed economies is a highly protected sector that requires constant supervision on monetary and virtual deposits and domestic and foreign transactions. Secure logistics are used for effective wealth management, regulation of cash circulation and personal and retail banking. Other factors, including the widespread adoption of outsourced security services, along with an increasing preference for digital payment methods across industries, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global secure logistics market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, service type, application and end user.
Static
Mobile
Cash Services
Security Services
Cash Management
Diamonds
Jewelry and Precious Metal
Manufacturing
Others
Financial Institutions
Retailers
Government
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allied Universal (Caisse de depot et placement du Quebec), Brink's Company, GardaWorld Corporation, Lemuir Group, Loomis, Maltacourt Ltd, PlanITROI Inc, Prosegur Cash (Prosegur Compania de Seguridad, S.A), Secure Logistics LLC., Securitas AB, Serco Group plc and SIS Group Enterprise.