Secure Logistics Market Analysis with Opportunity Segments

LONDON, GREATER LONDON, UK, June 25, 2024 /EINPresswire.com/ -- The secure logistics market has experienced robust growth in recent years, expanding 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, and advancements in surveillance and access control systems.

Strong Future Growth Anticipated
The secure logistics market is projected to grow strongly, reaching $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.

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Growth driver of the secure logistics market
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.

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Major Players and Market Trends
Key players in the secure logistics market include DHL Group, United Parcel Service Inc., A.P. Møller – Mærsk A/S, Deutsche Bahn AG, C.H. Robinson Worldwide Inc., Allied Universal.

Major companies operating in the secure logistics market are developing innovative platforms, such as secure journey management services to provide reliable services to the customers. A secure journey management platform refers to a comprehensive and integrated system designed to enhance the safety and security of individuals or assets during their journey from one location to another. The platform provides real-time tracking and visibility into the movement of shipments, vehicles, or assets, allowing logistics operators to monitor their journey progress and location at any given moment.

Segments:
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

Geographical Insights: Europe Leading the Market
Europe was the largest region in the secure logistics market in 2023. Asia-Pacific is expected to be the fastest-growing region during the forecast period, driven by expanding healthcare facilities and increasing awareness of the benefits of secure logistics.

Secure Logistics Market Definition
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.

Secure Logistics Global Market Report 2024 from TBRC covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Secure Logistics Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on secure logistics market size, secure logistics market drivers and trends, secure logistics market major players, competitors' revenues, market positioning, and market growth across geographies. The secure logistics market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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