According to a new report, published by KBV research, The Global Secure Logistics Market size is expected to reach $154.7 billion by 2030, rising at a market growth of 8.0% CAGR during the forecast period.
The Mobile segment has shown the high growth rate of 8.7% during (2023 - 2030). Mobile segment and GPS technology enable secure logistics companies to monitor the real-time location of vehicles and shipments. This helps in ensuring the security of valuable assets during transportation. Mobile devices enable drivers and couriers to capture electronic signatures, photos, and other verification data, providing proof of delivery or pickup. This reduces paperwork and enhances accountability. Mobile apps and devices manage inventory within secure storage facilities, allowing for accurate tracking and control of valuable assets, such as jewellery, precious metals, and other high-value items.
The Roadways segment is leading the Global Secure Logistics Market by Mode of Transport in 2022, thereby achieving a market value of $81.4 Billion by 2030. Road transportation offers a high level of control throughout the journey, from the point of origin to the destination. This control is vital when handling valuable assets as it allows for close monitoring and supervision of the goods. Vehicles used in secure logistics are often specially equipped with advanced security features, including reinforced structures, alarm systems, GPS tracking, and secure locking mechanisms. These features help protect valuable cargo during transit.
The Diamonds, Jewellery & Precious Metal segment is showcasing a CAGR of 8.6% during (2023 - 2030). Diamonds’ high value-to-weight ratio makes them ideal for secure transportation and storage, as significant wealth can be carried in a relatively small package. The transportation and storage of diamonds require advanced security protocols. Secure logistics providers are well-equipped to implement stringent security measures, including armored vehicles, GPS tracking, access control, and real-time monitoring. Moreover, secure logistics companies often transport high-value jewellery and precious metal items from manufacturers to retailers, wholesalers, or private collectors.
The North America region dominated the Global Secure Logistics Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $52.5 Billion by 2030. The Europe market is anticipated to grow at a CAGR of 7.9% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 8.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/secure-logistics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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