The Europe Secure Logistics Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).
Secure logistics refers to the processing, storing, and transporting of any product, information, or asset to its destination. Advanced security procedures are utilized to secure the package and information against tampering, theft, and illegal access. Numerous industries, including banking and financial institutions, utilize secure logistics services. The banking and financial institutions have recently published detailed guidelines for banks, non-banking financial companies (NBFCs), and other regulatory financial institutions to strictly abide by the guidelines and norms when outsourcing IT services to protect the confidentiality of client data and any commitments and responsibilities made to clients.
Maintaining the quality, safety, and authenticity of commodities or products during transportation is called product integrity. Seals and tamper-evident packaging are used to maintain the integrity of the product, which can also reveal any illicit access. The logistics provider is alert and ensures that the goods are safe and free from any compromise throughout the shipping process with cutting-edge security measures and stringent regulations. There are numerous industries in which product integrity is crucial, such as the pharmaceutical industry. Access to real-time monitoring data regarding temperature, humidity, duration of travel, open-door events, and other factors that compromise product integrity can aid stakeholders in demonstrating that product stability and quality are not compromised, thereby allowing the products to be released for further use. The shipment of artifacts and pharmaceuticals requiring a special environment increases demand for the market and related services.
According to the UK Government, the UK's financial services sector is one of the world's most open, innovative, and dynamic. The United Kingdom represents 11% of the global fintech industry. It is home to an estimated 2,500 fintech companies, with six of the top ten in London. The integration of cash management services enhances the efficiency and security of cash-related processes in various industries, including banking, retail, and e-commerce. Secure logistics companies in the UK are adapting to meet clients' evolving needs by offering a comprehensive suite of services that encompass secure cash transportation, processing, and management. This integration supports the cash-dependent segments of the UK economy while ensuring the safety, accuracy, and efficiency of cash handling.
The retail sector in France depends on secure logistics for efficient cash management, including cash pickups, deposits, and change orders. Secure logistics providers offer cash-handling solutions that optimize cash flow and security. The growth of e-commerce in France has increased the demand for secure logistics services in the last-mile delivery process. Secure logistics providers ensure the safe and secure delivery of high-value goods to customers' doorsteps. It services play a critical role in supporting the retail industry in France. Due to the abovementioned factors, the market will grow significantly in this region.
The Germany market dominated the Europe Secure Logistics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10,853.1 Million by 2030. The UK market is showcasing a CAGR of 6.9% during (2023 - 2030). Additionally, The France market would register a CAGR of 8.7% during (2023 - 2030).
Based on Type, the market is segmented into Static, and Mobile. Based on Mode of Transport, the market is segmented into Roadways, Railways, and Airways. Based on Application, the market is segmented into Cash Management, Diamonds, Jewellery & Precious Metal, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Secure Logistics Market will Hit $154.7 Billion by 2030, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Garda World Security Corporation (GardaWorld) (BC Partners), Lemuir Group, Securitas AB, Brink's Incorporated (Brink's), PlanITROI, Inc., CargoGuard GmbH, CMS Info Systems Private Limited (CMS), Prosegur, Allied Universal, and Secure Logistics LLC.
By Type
By Mode of Transport
By Application
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