The global Secure Logistics Market is projected to reach USD 165 billion by 2031, at a CAGR of 7.8%, from USD 81.38 billion in 2022. The secure logistics market is expected to continue to grow in the coming years due to the increasing security concerns and technological advancements.

Over the years, the secure logistics market has experienced notable expansion and development. This industry mostly handles the handling, storage, and transportation of sensitive and precious commodities, including money, jewelry, prescription drugs, and private papers.

The demand for safe logistics services has been rising steadily due to the growing requirement for strong security measures in a world that is becoming more globalized and ever-changing. High-value cargo protection during transportation is the focus of specialized businesses and technology in this area. Services include safe storage, sophisticated tracking systems, and armored car transit, all of which guarantee the security and traceability of assets.

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In July 2023, Securitas has renewed and expanded its global partnership with Microsoft, solidifying their collaboration through a newly inked 5-year contract. The extended agreement focuses on enhancing data center security across 31 countries.

Segment Analysis

Based on application, the global secure logistics market is divided into cash management, diamonds, jewelry and precious metal, manufacturing, others. The jewelry and precious metal category dominates the market with the largest revenue share. The secure logistics market also serves the needs of industries dealing with high-value assets like diamonds, jewelry, and precious metals. Companies in this segment rely on secure transportation and storage services to protect their valuable inventory from theft, damage, and tampering, especially during international transit. One of the primary applications of secure logistics is cash management, which involves the safe and efficient transportation and storage of currency for financial institutions, retail businesses, and cash-in-transit companies. This segment plays a critical role in ensuring the secure movement of cash, reducing the risk of theft and ensuring that businesses can operate smoothly.

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Further key findings from the report suggest:

• The global secure logistics market is predicted to register a compound annual growth rate (CAGR) of 7.8% over the projected period of 2023-2031.
• Asia Pacific will be the leading region of the global secure logistics market during the forecast period of 2023-2031.
• The major key players in the global secure logistics market are: Lemuir Group, Allied Universal, SECURE LOGISTICS LLC, CMS, PlanITROI, Inc., GardaWorld, Securitas AB, Prosegur, CargoGuard GmbH, and Brink’s Incorporated.

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Econ Market Research has segmented the global secure logistics market based on application, type, mode of transport and region:

Secure Logistics Market by Application (Revenue, USD Billion, 2023-2031)

• Cash Management
• Diamonds
• Jewelry and Precious Metal
• Manufacturing
• Others

Secure Logistics Market by Type (Revenue, USD Billion, 2023-2031)

• Static
• Mobile

Secure Logistics Market by Mode of Transport (Revenue, USD Billion, 2023-2031)

• Roadways
• Railways
• Airways

Secure Logistics Market Regional Analysis (Revenue, USD Billion, 2023-2031)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Middle East Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America 

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