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Secure Logistics Market Trends

  • Report ID: GMI8062
  • Published Date: Feb 2024
  • Report Format: PDF
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Secure Logistics Market Trends

Blockchain technology is gaining traction in logistics for its ability to provide a transparent and tamper-resistant system. In secure logistics, blockchain can be employed to create an immutable and auditable record of every transaction and movement within the supply chain. This ensures increased security, reduces the risk of fraud, and enhances traceability, which is crucial for high-value or sensitive shipments.
 

To that end, in January 2024, the well-established cash-handling company Brink’s, with a rich history spanning 164 years, strategically entered the cryptocurrency domain through a substantial investment in BitGo, a prominent provider of crypto custody services. While the specific financial details remain undisclosed, this strategic move is anticipated to reshape the landscape of digital asset management.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of secure logistics reached USD 85.7 billion in 2023 and is set to witness 8% CAGR from 2024 to 2032, led by increasing globalization and supply chain complexity.

In 2023, the cash management segment accounted for a market share of around 40%. The demand for secure logistics is propelled by the critical need to ensure the safe and reliable transportation of currency.

North America dominated the market with a major share of over 35% in 2023, owing to the region's robust economy and extensive cross-border trade contribute to the high demand for secure transportation and storage of valuable goods.

Brink's Company, CMS Info Systems Ltd., G4S Limited, Gardaworld, Loomis AB, Maltacourt Ltd., PlanITROI Inc., Prosegur Cash, and Sequel Logistics.

Secure Logistics Market Scope

  • Secure Logistics Market Size
  • Secure Logistics Market Trends
  • Secure Logistics Market Analysis
  • Secure Logistics Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 20
    • Tables & Figures: 290
    • Countries covered: 24
    • Pages: 220
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