Security

Cash logistics market to grow to $25.27B

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September 19, 2022

The cash logistics market will grow from $16.62 billion in 2021 to $25.27 billion by 2026, according to a report by ResearchandMarkets.com. It will also grow at a compound annual growth rate of 7.8%.

Cash logistics consists of management, transit and ATM services. Asia-Pacific was the largest region in the market in 2021. Mobile ATMs are a key trend in the market as companies such as HDFC Bank deploy these mobile ATMs in India, according to a press release.