The Secure Logistics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company’s Secure Logistics Global Market Report 2024, the secure logistics sector has experienced robust growth in recent years. From 2024's $91.46 billion, it is poised to ascend to $99.96 billion by 2024, manifesting a noteworthy compound annual growth rate (CAGR) of 9.3%. This surge in the historical context is attributable to factors such as globalization, escalated international trade, regulatory conformity, security benchmarks, burgeoning incidents of cargo pilferage, and advancements in surveillance alongside access control systems.
Projections indicate a vigorous trajectory for the secure logistics market size in forthcoming years, expected to reach $140.34 billion by 2028, with a CAGR of 8.9%. This anticipated growth in the forecasted period stems from various factors including the integration of blockchain technology, embracement of autonomous transportation vehicles, heightened utilization of IoT and sensor technologies, emphasis on cybersecurity within logistics networks, eco-friendly logistics practices, and sustainable methodologies. Salient trends in this outlook comprise the introduction of GPS tracking systems, innovation in tamper-evident packaging, expansion of secure warehousing infrastructures, adoption of biometric authentication, and the integration of RFID technolog
The increasing security concerns among corporations are expected to fuel the growth of the secure logistics market going forward. Security concerns refer to the apprehensions, risks, or potential threats related to the safety, protection, and integrity of various assets, systems, or environments. Secure logistics addresses security concerns by implementing a range of measures and practices designed to mitigate risks and ensure the safe and secure transportation, storage, and handling of valuable or sensitive goods. For instance, In 2024, according to CargoNet AS, a Norway-based logistics security and intelligence company, meticulously documented a total of 692 events pertaining to strategic cargo theft across the United States and Canada. Further, this figure represents a notable 59% increase from 2022. Therefore, increasing security concerns among corporations are driving the growth of the secure logistics market.
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The secure logistics market covered in this report is segmented –
1) By Type: Static, Mobile
2) By Application: Cash Management, Diamonds, Jewelry And Precious Metals, Manufacturing, Other Applications
3) By End User: Financial Institutions, Retailers, Government, Other End Users
Prominent entities within the secure logistics domain are actively innovating to deliver enhanced services to their clientele. Notably, many are spearheading the development of innovative platforms such as secure journey management services, aimed at furnishing dependable solutions to customers. A secure journey management platform denotes a holistic and amalgamated system engineered to amplify the safety and security of individuals or assets throughout their transit from one point to another. These platforms furnish real-time tracking and visibility into the movement of shipments, vehicles, or assets, empowering logistics operators to meticulously monitor journey progress and location status instantaneously.
Illustratively, in September 2024, Delhivery, an India-based logistics and supply chain juggernaut, unveiled a groundbreaking location intelligence solution christened LocateOne. This sophisticated location intelligence stack operates via APIs, offering an array of functionalities tailored to augment the precision of address data. Notably, it facilitates enhanced rooftop accuracy and mitigates address fraud, catering to businesses across diverse sectors including retail, consumer packaged goods (CPG), e-commerce, fintech, banking, and financial services.
The secure logistics market report table of contents includes:
1. Executive Summary
2. Secure Logistics Market Characteristics
3. Secure Logistics Market Trends And Strategies
4. Secure Logistics Market - Macro Economic Scenario
5. Global Secure Logistics Market Size and Growth
.....
32. Global Secure Logistics Market Competitive Benchmarking
33. Global Secure Logistics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Secure Logistics Market
35. Secure Logistics Market Future Outlook and Potential Analysis
36. Appendix
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The global Secure Logistics Market was appreciated by US$ 48.19 billion in the year 2015.
The increasing worries about the safety between business and banks have augmented the necessity for safe administration and movement facilities for legal tender.
It consists of capital, labor and land.
Furthermore, the development of High Net-worth Individuals [HNI] and wealth management is likely to inspire the development of the subdivision of banking in the developing market place.
The service suppliers of secure logistics allocate a tracking code to the users to track the movement and period requisite for the influx of merchandises.
Due to the growth in subcontracting of security services and the necessity for the transference of valued properties, this subdivision is estimated to continue with its market supremacy for the duration of the following few years too.
The global Secure Logistics Market was appreciated by US$ 48.19 billion in the year 2015.
The increasing worries about the safety between business and banks have augmented the necessity for safe administration and movement facilities for legal tender.
It consists of capital, labor and land.The increasing skillful manual labor power, growing globalization, and speedy growth in the sum of new customers have acted as the motivating reasons in these areas.
Furthermore, the development of High Net-worth Individuals [HNI] and wealth management is likely to inspire the development of the subdivision of banking in the developing market place.Request a Free Sample Copy of Secure Logistics Market Report @ https://www.millioninsights.com/industry-reports/secure-logistics-market/request-sampleThe increasing capacity to track consignments is single of the most important inclinations observed in the international market of secure logistics.
The service suppliers of secure logistics allocate a tracking code to the users to track the movement and period requisite for the influx of merchandises.
The suppliers offer automobiles equipped with satellite and radio communication system along with electronic countermeasures.The secure logistics market on the source of Type of Application could span Manufacturing, Cash Management, Precious Metals, Jewelry & Diamonds.
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