Secure Logistics Market Size, Share Analysis And Forecast 2033
Global secure logistics market size is expected to reach $140.34 Bn by 2028 at a rate of 8.9%, segmented as by type, static, mobile
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Overview and Scope
Secure logistics refers to the systematic planning, implementation, and management of the transportation, storage, and distribution of goods in a manner that prioritizes and ensures the safety and integrity of the products throughout the supply chain. Security operations and logistics are designed to facilitate the safe management and movement of people, goods, information, and other resources between a specific point of origin and its destination.
Sizing and Forecast
The secure logistics market size has grown strongly in recent years. It will grow from $91.46 billion in 2023 to $99.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to globalization and increased international trade, regulatory compliance and security standards, rising incidents of cargo theft, advancements in surveillance and access control systems.
The secure logistics market size is expected to see strong growth in the next few years. It will grow to $140.34 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to integration of blockchain technology, adoption of autonomous vehicles for transportation, enhanced use of iot and sensor technologies, focus on cybersecurity in logistics networks, green logistics and sustainable practices. Major trends in the forecast period include introduction of gps tracking systems, development of tamper-evident packaging, expansion of secure warehousing facilities, implementation of biometric authentication, introduction of rfid technology.
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Segmentation & Regional Insights
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
Europe was the largest region in the secure logistics market in 2023. The regions covered in the secure logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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 2023, 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.
Key Industry Players
Major companies operating in the secure logistics market report are DHL Group, United Parcel Service Inc., A.P. Møller – Mærsk A/S, Deutsche Bahn AG, C.H. Robinson Worldwide Inc., Allied Universal, Securitas AB, G4S Ltd., Kerry Logistics Network Limited, XPO Inc., Prosegur Compañía de Seguridad S.A, Brink's Inc., GardaWorld Corporation, Loomis AB, Chronopost International, FedEx Custom Critical Inc., Covenant Aviation Security LLC, CMS Infosystem Pvt. Ltd., CEVA Logistics, Lemuir Group, Maltacourt Ltd., PlanITROI Inc., Titan Security Group, Cash Logistik Security AG, Secure Logistics LLC
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
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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
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Secure Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Secure Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Secure Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: DHL Group Financial Performance
Table 75: United Parcel Service Inc. Financial Performance
Table 76: A.P. Møller – Mærsk A/S Financial Performance
Table 77: Deutsche Bahn AG Financial Performance
Table 78: C.H. Robinson Worldwide Inc. Financial Performance
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