PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1890731
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1890731
The global secure logistics market plays a vital role in safeguarding the movement of high-value assets, sensitive materials, and confidential goods. According to the latest industry analysis, the market was valued at USD 69.32 billion in 2024, is projected to expand significantly to USD 167.15 billion in 2025, and is expected to reach USD 121.15 billion by 2032, growing at a CAGR of 7.3% during the 2025-2032 period. The sector is fueled by escalating risks of cargo theft, rising regulatory complexity, growing demand for safe cash handling, and the expanding need for secure high-value e-commerce logistics.
Market Overview and Key Drivers
In 2024, Asia Pacific dominated the global secure logistics market with a 38.34% share, supported by urbanization, expansion of digital payments, ATM network growth, and increasing demand for high-value retail supply chains. Secure logistics covers a wide range of services including cash-in-transit (CIT), ATM replenishment, high-value asset transfers, and hazardous goods transportation. The sector relies heavily on advanced technologies such as AI, IoT, blockchain, and GPS tracking to enhance operational visibility and prevent security breaches.
A key driver for market growth is the rising prevalence of cargo theft and high-value goods robberies. The TT Club and BSI's 2023 Cargo Theft Report recorded a 15% rise in global cargo theft incidents, while South Africa alone reported 165 CIT attacks in 2023, emphasizing the increased need for armored fleets and biometric access controls. High-value goods thefts in Latin America and Europe further contributed to escalating demand for professional secure logistics services.
Technology-Led Market Transformation
A major trend shaping industry performance is the rapid adoption of AI, automation, and machine learning to reduce risks, improve operational efficiency, and enhance real-time monitoring. Companies such as Brink's, Prosegur, CMS Info Systems, and Loomis AB are leveraging predictive analytics, drone surveillance, automated cash handling systems, and blockchain-based tracking.
For example, Brink's Incorporated uses AI-driven smart safes and automated cash management, while Prosegur utilizes autonomous drones for in-transit monitoring. CMS Info Systems in India has implemented AI-based video analytics in cash vans, and Loomis AB has integrated robotic systems to reduce cash-processing errors by 30%. These innovations demonstrate the sector's transformation toward technology-centric security models.
COVID-19 Impact
The COVID-19 pandemic disrupted global supply chains but also accelerated demand for secure transport of medical supplies, vaccines, and emergency cash. While CIT volumes temporarily declined due to reduced cash usage, high-value pharmaceutical and essential goods logistics grew sharply. Lockdowns increased cargo theft risks, prompting upgraded surveillance protocols and digitalization. Secure logistics firms adopted contactless tracking, remote monitoring, sanitization standards, and blockchain-enabled documentation, modernizing the industry for post-pandemic resilience.
Market Restraints and Challenges
The sector faces significant challenges from fragmented regulatory frameworks. Secure logistics firms operate across multiple jurisdictions, each with unique licensing requirements, cash-handling guidelines, hazardous goods compliance rules, and operational safety mandates. Europe's Cash Control Regulation, Africa's PSIRA compliance rules, India's tightened CIT escort guidelines, and Latin America's conflicting transport regulations complicate cross-border operations. These inconsistencies increase operational complexities, elevate compliance costs, and hinder large-scale expansion.
Segmental Insights
By service type, mobile security-including armored vehicles, GPS-tracked fleets, and armed escorts-holds the largest market share due to its central role in CIT, high-value goods movement, and hazardous material transport. Alarm monitoring & response services continue to grow with IoT and AI-enabled threat detection, while static security remains essential for banks, data centers, and vaults.
By mode of transport, roadways dominate due to cost efficiency and flexibility for last-mile secure delivery. Armored trucks equipped with smart security systems remain the backbone of CIT and high-value logistics. Airways are the fastest-growing mode, driven by the secure movement of pharmaceuticals, electronics, luxury goods, and urgent shipments requiring high-security handling.
By application, Cash-in-Transit (CIT) remains the leading segment, supported by strong reliance on cash in emerging economies and ATM service needs. High-value goods logistics-including jewelry, electronics, art, and pharmaceuticals-are rapidly growing due to e-commerce expansion and rising luxury retail demand.
Conclusion
With a market size rising from USD 69.32 billion in 2024 to a projected USD 121.15 billion by 2032, the secure logistics market is transitioning into a technologically advanced sector focused on real-time security, AI-driven decision-making, and holistic asset protection. The growing sophistication of theft networks, expanding e-commerce landscape, and stringent regulatory requirements will continue to shape the market's evolution through 2032.
Segmentation By Service Type
By Mode of Transport
By Application
By Region