The segment of Cash in Transit has witnessed growth at a noteworthy rate over the past few years and is expected to grow at a higher pace in the forecast period. On the heels of rising cash prevalence particularly in developing countries including China, India, CIC-GDP ratio and installations of ATMs has been on the rise. Among the regions, North America accounts for the largest regional share in the global cash logistics market in 2016. Emerging nations in Asia Pacific region such as China and India have been displaying a lot of potential and is anticipated to be one of the fastest growing regions in the forecast period. Key factors driving the robust growth rate of APAC region include amplifying growth in the installation of ATMs, increase in the cash usage, re-monetisation in India, rising need for the replenishment of ATMs coupled with increasing purchasing power.

1. (c) AZOTH Analytics
Global Cash Logistics Market: Analysis By Segment (Cash in Transit, Cash
Management), By End Use (Retail, Financial Institutions, others), By
Region, By Country: Opportunities and Forecast (2017-2022)
• By Segment- Cash in Transit, Cash
Management
• By End User -Retail, Financial Institutions,
Others)
• By Region- North America, Europe, APAC
• By Country - United States, Canada, Spain,
Germany, U.K, China, India
• Region Wise Company share
1November 2017

2. (c) AZOTH Analytics
Table of Contents
S.No Particulars Page No.
1. Introduction 17
1.1. Research Methodology 17
1.2. Executive Summary 18
1.3. Strategic Recommendation 20
1.4. Product Overview 23
2. Global Market: Growth & Forecast 27
2.1 Global Cash Logistics Market Size, By Value, Historic, 2012 –2016 (USD Billion) 28
2.2 Global Cash Logistics Market Size, By Value, Forecast, 2017-2022 (USD Billion) 32
2.3 Global Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Historic,
2016 (%)
34
2.4 Global Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Forecast,
2022 (%)
34
2.5 Global Cash in Transit Market Size, By Value, Historic, 2012-2016 (USD Billion) 36
2.6 Global Cash in Transit Market Size, By Value, Forecast, 2017-2022 (USD Billion) 39
2.7 Global Cash Management Market Size, By Value, Historic, 2012-2016 (USD Billion) 41
2.8 Global Cash Management Market Size, By Value, Forecast, 2017-2022 (USD Billion) 42
2

3. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
2.9 Global Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By Value,
Historic, 2012-2016 (USD Billion)
44
2.10 Global Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By Value,
Forecast, 2017-2022 (USD Billion)
44
3. North America Market: Growth & Forecast 45
3.1 North America Cash Logistics Market Size, By Value Historic (2012 –2016) 46
3.2 North America Cash Logistics Market Size, By Value, Forecast (2017-2022) 49
3.3 North America Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Historic, 2016 (%)
53
3.4 North America Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2022 (%)
53
3.5 North America Cash in Transit Market Size, By Value, Historic, 2012-2016 (USD Billion) 55
3.6 North America Cash in Transit Market Size, By Value, Forecast, 2017-2022 (USD Billion) 57
3.7 North America Cash Management Market Size, By Value, Historic, 2012-2016 (USD Billion) 60
3.8 North America Cash Management Market Size, By Value, Forecast, 2017-2022 (USD Billion) 61
3

4. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
3.9 North America Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By
Value, Historic, 2012-2016 (USD Billion)
63
3.10 North America Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By
Value, Forecast, 2017-2022 (USD Billion)
63
4. US Market: Growth & Forecast 64
4.1 US Cash Logistics Market Size, By Value Historic (2012 –2016) 65
4.2 US Cash Logistics Market Size, By Value, Forecast (2017-2022) 65
4.3 US Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Historic,
2016 (%)
67
4.4 US Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Forecast,
2022 (%)
68
5. Mexico Market: Growth & Forecast 69
5.1 Mexico Cash Logistics Market Size, By Value Historic (2012 –2016) 70
5.2 Mexico Cash Logistics Market Size, By Value, Forecast (2017-2022) 70
5.3 Mexico Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Historic, 2016 (%)
72
5.4 Mexico Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2022 (%)
73
4

5. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
6. Europe Market: Growth & Forecast 76
6.1 Europe Cash Logistics Market Size, By Value Historic (2012 –2016) 77
6.2 Europe Cash Logistics Market Size, By Value, Forecast (2017-2022) 80
6.3 Europe Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Historic, 2016 (%)
84
6.4 Europe Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2022 (%)
84
6.5 Europe Cash in Transit Market Size, By Value, Historic, 2012-2016 (USD Billion) 86
6.6 Europe Cash in Transit Market Size, By Value, Forecast, 2017-2022 (USD Billion) 90
6.7 Europe Cash Management Market Size, By Value, Historic, 2012-2016 (USD Billion) 94
6.8 Europe Cash Management Market Size, By Value, Forecast, 2017-2022 (USD Billion) 95
6.9 Europe Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By Value,
Historic, 2012-2016 (USD Billion)
97
6.10 Europe Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By Value,
Forecast, 2017-2022 (USD Billion)
97
5

6. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
7. Germany Market: Growth & Forecast 98
7.1 Germany Cash Logistics Market Size, By Value, Historic (2012 –2016) 99
7.2 Germany Cash Logistics Market Size, By Value, Forecast (2017-2022) 99
7.3 Germany. Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Historic, 2016 (%)
101
7.4 Germany Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2022 (%)
102
8. U.K. Market: Growth & Forecast 103
8.1 U.K. Cash Logistics Market Size, By Value, Historic (2012 –2016) 104
8.2 U.K. Cash Logistics Market Size, By Value, Forecast (2017-2022) 104
8.3 U.K. Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Historic,
2016 (%)
106
8.4 U.K. Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Forecast,
2022 (%)
107
6

7. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
9. Spain Market: Growth & Forecast 108
9.1 Spain Cash Logistics Market Size, By Value, Historic (2012 –2016) 109
9.2 Spain Cash Logistics Market Size, By Value, Forecast (2017-2022) 109
9.3 Spain Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Historic,
2016 (%)
111
9.4 Spain Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2022 (%)
112
10. APAC Market: Growth & Forecast 115
10.1 APAC Cash Logistics Market Size, By Value, Historic (2012 –2016) 116
10.2 APAC Cash Logistics Market Size, By Value, Forecast (2017-2022) 118
10.3 APAC Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Historic,
2016 (%)
121
10.4 APAC Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2022 (%)
121
10.5 APAC Cash in Transit Market Size, By Value, Historic, 2012-2016 (USD Billion) 123
10.6 APAC Cash in Transit Market Size, By Value, Forecast, 2017-2022 (USD Billion) 126
7

8. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
10.7 APAC Cash Management Market Size, By Value, Historic, 2012-2016 (USD Billion) 128
10.8 APAC Cash Management Market Size, By Value, Forecast, 2017-2022 (USD Billion) 129
10.9 APAC Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By Value,
Historic, 2012-2016 (USD Billion)
131
10.10 APAC Cash Logistics Market Size, By End User (Retail, Financial Institutions, Others), By Value,
Forecast, 2017-2022 (USD Billion)
131
11. India Market: Growth & Forecast 132
11.1 India Cash Logistics Market Size, By Value, Historic (2012 –2016) 133
11.2 India Cash Logistics Market Size, By Value, Forecast (2017-2022) 133
11.3 India Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value, Historic,
2012-2016 (USD Billion)
135
11.4 India Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2017-2022 (USD Billion)
136
12. China Market: Growth & Forecast 137
12.1 China Cash Logistics Market Size, By Value, Historic (2012 –2016) 138
12.2 China Cash Logistics Market Size, By Value, Forecast (2017-2022) 138
12.3 China Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Historic, 2012-2016 (USD Billion)
140
8

9. (c) AZOTH Analytics
Table of Contents
S. No Particulars Page No.
12.4 China Cash Logistics Market Size, By Segment (Cash in Transit, Cash Management), By Value,
Forecast, 2017-2022 (USD Billion)
141
13. Market Dynamics 144
13.1 Market Drivers 145
13.2 Market Restraints 149
13.3 Market Trends 151
14. Market Entry Strategies – Five Forces Porter Analysis 153
15. Competitive Landscape 171
15.1. Region Wise Company Shares 155
16. Company Profiles 156
16.1 Prosegur 157
16.2 Brink’s 158
16.3 G4S 161
16.4 GardaWorld 163
16.5 Loomis 165
17. About Us & Disclaimer 167
9

10. (c) AZOTH Analytics
List of Figures
Figure No. Figure Title Page No.
Figure 1: Global cash logistics Market Size, By Value, 2012-2016 (USD Billion) 28
Figure 2: Worldwide number of ATMs, 2012-2016 (Millions) 29
Figure 3: Worldwide cash payments, 2012-2016 (Trillion) 30
Figure 4: Global Cash Logistics Market Size, By Value, 2017-2022 (USD Billion) 32
Figure 5: Global Cash Logistics Market- By Segment, 2016 (%) 34
Figure 6: Global Cash Logistics Market, By Segment, 2022 (%) 34
Figure 7: Global cash in transit Market Size, By Value, 2012-2016 (USD Billion) 36
Figure 8: Worldwide amount of cash used for payments, 2012-2016 (USD Trillion) 37
Figure 9: Worldwide currency in circulation as a percentage of GDP, By Leading countries, 2014-2015 (%) 38
Figure 10: Global Cash In Transit Market Size, By Value, 2017-2022 (USD Billion) 39
Figure 11: Global cash management market Size, By Value, 2012-2016 (USD Billion) 41
Figure 12: Global Cash Management Market Size, By Value, 2017-2022 (USD Billion) 42
Figure 13: Global Cash Logistics Market: By End User, By Value, 2012-2022 (USD Billion) 44
Figure 14: North America Cash Logistics Market Size, By Value, 2012-2016 (USD Billion) 46
Figure 15: North America amount of cash paid for transactions, 2012-2016 (USD Billion) 47
Figure 16: North America number of ATMs, 2012-2016 (Thousands) 47
Figure 17: North America GDP per capita Income, By leading countries, 2012-2016 (USD) 48
Figure 18: North America population, 2012-2016 (Million) 48
Figure 19: North America Cash Logistics Market Size, By Value, 2017-2022 (USD Billion) 49
10

11. (c) AZOTH Analytics
List of Figures
Figure No. Figure Title Page No.
Figure 20: North America mobile wallet market, 2012-2016 (USD Billion) 50
Figure 21: North America non-cash transactions, 2012-2016 (Billion) 50
Figure 22: North America payment trend, cash vs credit card, 2015,2016 (%) 51
Figure 23: North America digital transactions, 2012-2016 (USD Billion) 51
Figure 24: North America Cash Logistics Market- By Segment, 2016 (%) 53
Figure 25: North America Cash Logistics Market, By Segment, 2022 (%) 53
Figure 26: North America cash in transit Market Size, By Value, 2012-2016 (USD Billion) 55
Figure 27: North America currency in circulation as a percentage of GDP, By Leading countries, 2014-2015 (%) 56
Figure 28: United States and Mexico OTC Cash usage, By Value, 2012-2015 (USD Billion) 56
Figure 29: North America Cash In Transit Market Size, By Value, 2017-2022 (USD Billion) 57
Figure 30: North America POS terminals revenue, 2015-2020F (USD Billion) 58
Figure 31: United States and Canada Card purchases, By Value, 2012-2015 (USD Billion) 58
Figure 32: Global cash in transit Market Size, By Value, 2012-2016 (USD Billion) 60
Figure 33: Global Cash Logistics Market Size, By Value, 2017-2022 (USD Billion) 61
Figure 34: North America Cash Logistics Market: By End User, By Value, 2012-20122 (USD Billion) 63
Figure 35: Global cash in transit Market Size, By Value, 2012-2022 (USD Billion) 65
Figure 36: United States Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion) 68
Figure 37: United States Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 69
Figure 38: Mexico cash logistics market Size, By Value, 2012-2022 (USD Billion) 70
Figure 39: Mexico Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion) 72
11

12. (c) AZOTH Analytics
List of Figures
Figure No. Figure Title Page No.
Figure 40: Mexico Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 73
Figure 41: Europe Cash Logistics Market Size, By Value, 2012-2016 (USD Billion) 77
Figure 42: Europe amount of cash paid for transactions, 2012-2016 (USD Billion) 78
Figure 43: Europe number of ATMs, 2012-2016 (Thousands) 78
Figure 44: European Union GDP per capita Income, 2012-2016 (USD) 7
Figure 45: European Union population, 2012-2016 (Million) 79
Figure 46: Global Cash Logistics Market Size, By Value, 2017-2022 (USD Billion) 80
Figure 47: Europe total cards, 2012-2016 (Million) 81
Figure 48: Europe payment cards per capita, 2012-2016 81
Figure 49: Europe Card Payments, By Volume, 2012-2016 (Million) 82
Figure 50: Europe card payments, By Value, 2012-2016 (Euro Billion) 82
Figure 51: Europe Cash Logistics Market- By Segment, 2016 (%) 84
Figure 52: Europe Cash Logistics Market, By Segment, 2022 (%) 84
Figure 53: Europe cash in transit Market Size, By Value, 2012-2016 (USD Billion) 86
Figure 54: Europe Cash Propensity, 2015 (%) 87
Figure 55: Europe currency in circulation as a percentage of GDP, By Leading countries, 2014-2015 (%) 88
Figure 56: Europe ATM cash withdrawals, By Volume, 2012-2015 (Million) 88
Figure 57: Europe ATM cash withdrawals, By Value, 2012-2016 (Euro Billion) 89
Figure 58: Europe average transaction value per ATM cash withdrawal, 2012-2016 (Euro) 89
Figure 59: Europe Cash In Transit Market Size, By Value, 2017-2022 (USD Billion) 90
Figure 60: Europe POS terminals market, By volume, 2012-2016 (Million) 91
12

13. (c) AZOTH Analytics
List of Figures
Figure No. Figure Title Page No.
Figure 61: Europe number of transactions per POS terminal per month, 2012-2016 91
Figure 62: Europe POS payments, 2012-2016 (Million) 92
Figure 63: Europe POS payments, By Value, 2012-2015 (Euro Billion) 92
Figure 64: Europe Cash Management Market Size, By Value, 2012-2016 (USD Billion) 94
Figure 65: Europe Cash Management Market Size, By Value, 2017-2022 (USD Billion) 95
Figure 66: Europe Cash Logistics Market: By End User, By Value, 2012-2022 (USD Billion) 97
Figure 67: Germany cash logistics Market Size, By Value, 2012-2022 (USD Billion) 99
Figure 68: Germany Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion) 101
Figure 69: Germany Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 102
Figure 70: United Kingdom Cash Logistics Market Size, By Value, 2012-2022 (USD Billion) 104
Figure 71: United Kingdom Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion) 106
Figure 72: United Kingdom Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 107
Figure 73: Spain cash logistics Market Size, By Value, 2012-2022 (USD Billion) 109
Figure 74: Spain Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion) 111
Figure 75: Spain Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 112
Figure 76: Asia Pacific Cash Logistics Market Size, By Value, 2012-2016 (USD Billion) 116
Figure 77: Asia Pacific Cash payments, 2012-2016 (USD Billion) 117
Figure 78: Asia Pacific GDP per Capita, By Leading countries, 2012-2016 (USD) 117
Figure 79: Asia Pacific Cash Logistics Market Size, By Value, 2017-2022 (USD Billion) 118
Figure 80: Asia Pacific Cash payments, 2017E-2022F (USD Billion) 119
13

14. (c) AZOTH Analytics
List of Figures
Figure No. Figure Title Page No.
Figure 81: Asia Pacific Cash Logistics Market- By Segment, 2016 (%) 121
Figure 82: Asia Pacific Cash Logistics Market, By Segment, 2022 (%) 121
Figure 83: Asia Pacific cash in transit Market Size, By Value, 2012-2016 (USD Billion) 123
Figure 84: Asia Pacific CIC-GDP Ratio, 2014-2015 (%) 124
Figure 85: APAC number of ATMs, 2012-2015 (100,000 Units) 124
Figure 86: Asia Pacific cash share*, By Countries (%) 125
Figure 87: Asia Pacific Cash In Transit Market Size, By Value, 2017-2022 (USD Billion) 126
Figure 88: Asia Pacific Cash Management Market Size, By Value, 2012-2016 (USD Billion) 128
Figure 89: Asia Pacific Cash Management Market Size, By Value, 2017-2022 (USD Billion) 29
Figure 90: Asia Pacific Cash Logistics Market: By End User, By Value, 2012-2022 (USD Billion) 131
Figure 91: India cash logistics Market Size, By Value, 2012-2022 (USD Million) 133
Figure 92: India Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Million) 135
Figure 93: India Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 136
Figure 94: China cash logistics Market Size, By Value, 2012-2022 (USD Billion) 138
Figure 95: China Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion) 140
Figure 96: China Cash Logistics Market-By Segment, By Value, 2017E-2022F (USD Billion) 141
Figure 97: North America Cash Logistics – Market Share By Company, 2016 155
Figure 98: Europe Cash Logistics – Market Share By Company, 2016 155
Figure 99: Prosegur Revenue, 2012-2016 (USD Million) 158
Figure 100: Prosegur Revenue, By Segment, 2016 (%) 158
14

15. (c) AZOTH Analytics
List of Figures
Figure No. Figure Title Page No.
Figure 101: Brink’s Revenue, 2014-2016 (USD Billion) 160
Figure 102: Brink’s Revenue, By Segments. 2014-2016 (USD Million) 160
Figure 103: G4S Revenue, 2013-2016 (USD Million) 162
Figure 104: G4S Revenue, By Region, 2016 (%) 162
Figure 105: Garda World Revenue, 2012-2016 (USD Million) 164
Figure 106: Loomis Revenue, 2012-2016 (USD Million) 166
Figure 107: Loomis Revenue, By Segment, 2016 (%) 166
15

16. (c) AZOTH Analytics
 Cash Logistics Market – By Value
(USD Billion) (2012-2022)
 Breakdown-By Segment
 Cash In Transit Market
(2012-2022)
 Cash Management
Market(2012-2022)
 Breakdown-By Application
 Retail, Financial
Institutions, Others(2012-
2022
Global Coverage Regional Coverage
Global Cash Logistics Market: Analysis By Segment (Cash in Transit, Cash Management), By End Use
(Retail, Financial Institutions, others), By Region, By Country: Opportunities and Forecast (2017-2022)
 Cash Logistics Market – By Value
(USD Billion) (2012-2022)
 Breakdown-By Segment
 Cash In Transit Market
(2012-2022)
 Cash Management
Market(2012-2022)
 Breakdown-By Application
 Retail, Financial
Institutions,
Others(2012-2022
 North America
 Europe
 Asia Pacific
Country Coverage
 Cash Logistics Market – By
Value (USD Billion) (2012-2022)
 Breakdown-By Segment
 Cash In Transit Market
(2012-2022)
 Cash Management
Market(2012-2022)
 U.S.
 Mexico
 Germany
 U.K.
 Spain
 China
 India
Company Coverage
 Product Benchmarking
 Business Overview
 Product Launches
 Brinks
 G4S
 Prosegur
 GardaWorld
 Loomis
 g
 Global Coverage
 Regional Coverage
 Country Coverage
 Scope of the Study
 Region (North America, Europe, APAC )
 Country (U.S., Mexico, Germany, U.K. France, China,
India)
 Segment Coverage
 By Segment
16

17. (c) AZOTH Analytics
Research Methodology
For our study on Global Cash Logistics Market, we have conducted comprehensive secondary research
followed by an extensive primary research. In the process of secondary research, we have scrutinized
industry documents, accessed from open sources, premium paid databases (Bloomberg, Thomson
Reuters, Factiva) and our internal knowledge base. In the process of primary research, we have
interviewed various industry experts across the value chain of the cash logistics.
Market size of the actual period (2012-2016) has been evaluated on the basis of growth trends of
the industry in the last five years, and confirming the findings through primary research. Annual
reports of the companies were scanned to further validate the market size and to estimate the size
of various other end-user sectors. Market sizing and growth in the forecast period (2017-2022) is
estimated through product mapping, application in end-user industries, growth of allied sectors and
historical growth pattern of the industry. All the relevant data points/ statistics in the forecast
period are validated through relevant and reliable primary sources.
Report Focus: Global Cash Logistics Market
- By Segment- Cash in Transit, Cash Management
- By Region (North America, Europe, Asia Pacific),
- By Country (U.S., Canada, Germany, U.K. France, China, Japan, India)
Companies Contacted: .G4S, Loomis, Prosegur
17

18. (c) AZOTH Analytics
Global Cash Logistics Market - By Value
18
Source: Azoth Analytics Estimates
Robust number of cash transactions coupled with the increasing number of ATM machines is backing
the cash logistics market
Figure : Global cash logistics Market Size, By Value, 2012-2016 (USD Billion)
CAGR 2012-2016
xx%
2012 2013 2014 2015 2016
Xxxx
Xxxx
Xxxxx
Xxxx
Xxxx
Xxxx
xxxx

19. (c) AZOTH Analytics
Global Cash Logistics Market- By Segment
Figure : Global Cash Logistics Market- By Segment,
2016 (%)
Cash in Transit held the largest share in the year 2016.
Source: Azoth Analytics Estimates
19
Figure : Global Cash Logistics Market, By Segment,
2022 (%)
Source: Azoth Analytics Estimates
Cash In
Transit
Cash
Management
Cash In
Transit
Cash
Management

20. (c) AZOTH Analytics
Source: Azoth Analytics Estimates
Figure : Europe Cash Logistics Market: By End User, By Value, 2012-2022 (USD Billion)
20
CAGR 2012-2016
Retail: xx% Financial Institution: xx% Others: xx%
Europe Cash Logistics Market-By End User, By Value
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
CAGR 2017-2022
Retail: xx% Financial Institution: xx% Others: xx%
Xxxx
Xxxx
Xxxx
Xxxx
xxxx
xxxx

21. (c) AZOTH Analytics
Source: Azoth Analytics Estimates
Figure : China Cash Logistics Market-By Segment, By Value, 2012-2016 (USD Billion)
21
CAGR 2012-2016
Cash In Transit: xx% Cash Management: xx%
China Cash Logistics Market-By Segment, By Value
2012 2013 2014 2015 2016
Xxxx
Xxxx
Xxxx
Xxxx
Xxxx
xxxx

22. About Azoth Analytics Pvt Ltd.
Azoth Analytics creates in-depth research reports by recording, interpreting and analyzing information through primary and secondary
research. Our strategic market sizing and data dredging techniques include secondary research, interviews with key market players and
industry experts and use of industry specific statistical tools which helps in designing and planning effective research for our global and
local clients. We provide customized market research reports revealing the hidden truths on different verticals like pharmaceutical, oil and
gas, retail, telecommunications, real estate, logistics, energy, healthcare, technology, FMCG, food & beverages and media sectors .
Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics
therefore, takes no responsibility for any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does not
warranty the completeness of the information and data. Also, analysis provided in the report are meant for customers’ internal use only
and not for general publication or disclosure to third parties.
22