Connect with us

Technology

Secure Logistics Market to Grow by USD 32.74 Billion (2024-2028) Driven by AI and Increasing Demand for Secure Global Cash Circulation

Published

on

NEW YORK, Oct. 3, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global secure logistics market size is estimated to grow by USD 32.74 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.4%  during the forecast period. Rising need for secure logistics for global cash circulation is driving market growth, with a trend towards growing ability to track shipments. However, competition from multiple secure logistics players  poses a challenge. Key market players include AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., GardaWorld Security Corp., Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., and Writer Business Services Pvt. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Secure Logistics Market Scope

Report Coverage

Details

Base year

2023

Historic period

–

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.4%

Market growth 2024-2028

USD 32736.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.75

Regional analysis

APAC, North America, Europe, Middle East and
Africa, and South America

Performing market contribution

APAC at 37%

Key countries

US, China, Canada, Germany, India, and UK

Key companies profiled

AGS Transact Technologies Ltd., Allied
Universal, Cash Logistik Security AG, CMS Info
Systems Ltd., GardaWorld Security Corp.,
Global Security Logistics Co., Japan Post
Holdings Co. Ltd., Loomis AB, Paragon Security,
Prosegur Compania de Seguridad SA, Securitas
AB, Security Plus Group, SIS Ltd., SSL
Logistics, StorageVault Canada Inc., The Brinks
Co., and Writer Business Services Pvt. Ltd.

Market Driver

Secure logistics providers offer consumers a tracking code to monitor the progress and estimated arrival time of their shipments. This feature, enabled by various tracking technologies, provides numerous benefits. By keeping track of pick-up times and total transit durations, shippers can optimize costs and enhance logistics performance. Real-time visibility into shipment locations allows for quick response to delays and the ability to adjust transportation methods for improvement. Advanced notifications about delivery status help manage customer expectations and prevent dissatisfaction. Technologies like Automatic Identification and Data Capture (AIDC), barcode readers, and Radio-Frequency Identification (RFID) are commonly used for tracking. AIDC includes barcode readers and RFID, which utilize radio waves for data recognition. Bluetooth-enabled devices and real-time tracking technologies provide near-real-time coverage, enabling accurate shipment monitoring and theft prevention. Traditional tracking methods remain relevant, but advancements in technology continue to improve supply chain visibility. 

Secure logistics is a crucial aspect of supply chain management, ensuring the safe transport and storage of valuable goods. Deregulation and foreign direct investments are driving growth in this market, with high net-worth individuals and wealth management services also utilizing secure logistics for diamonds, fine arts, and other high-value items. Technology trends like blockchain, IoT, AI, and machine learning algorithms are enhancing security and efficiency. Governmental agencies and international regulations play a key role in setting standards for cash logistics, manufacturing, public infrastructure, and transportation modes like road, rail, air, and e-commerce. Static and mobile secure logistics solutions cater to various industries, including financial institutions, retailers, and inventory management. Real-time monitoring using RFID, GPS, and security personnel, along with armored vehicles and airplanes, ensure confidentiality and product authenticity for temperature-sensitive goods and valuable items. Outsourcing services in cash logistics, IT, and ATM management further strengthen the secure logistics market. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The global secure logistics market is characterized by the presence of numerous competitors offering similar services, driven by the forces of globalization. To stand out, logistics providers must adapt to customers’ unique needs, focusing on cost optimization and efficient order processing. Reducing transport delays and minimizing fuel costs are essential for cost optimization. Order processing involves accurately and swiftly handling orders to ensure customer satisfaction. Maintaining well-maintained fixed assets is crucial for consistent earnings and long-term success. In the competitive secure logistics market, companies that effectively implement these strategies gain a competitive edge.Secure logistics is a critical business function that ensures the safe and efficient transportation of valuable goods. Challenges in this market include managing Radio Frequency Identification (RFID) and Global Positioning System (GPS) tracking for real-time monitoring. Security personnel, armored vehicles, and advanced technology like GPS tracking systems and tamper evident seals are essential for safeguarding cargo. Valuables such as fine arts, precious metals, and rare materials require extra security measures. Outsourcing logistics to IT services and cash management companies can improve efficiency but raises concerns over confidentiality and regulatory compliance. Temperature-sensitive products and time-critical deliveries add complexity. Security technology, weapon handling, and armed personnel are necessary for defense instruments, jewels, gems, and cash-in-transit. Robbery is a constant threat, making reliable SLA management crucial. Product authenticity is another challenge, especially for high-value items like precious metals and rare minerals. Last-mile delivery and cross-border transport require security measures. Brink Incorporated, Cash Services, and Security Services are key players in this market, offering armored car transportation and ATM management solutions.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This secure logistics market report extensively covers market segmentation by  

Service 1.1 Security services1.2 Cash servicesGeography 2.1 APAC2.2 North America2.3 Europe2.4 Middle East and Africa2.5 South America

1.1 Security services-  The outsourcing of security services is on the rise due to the financial advantages of delegating non-core activities to established vendors. This global trend is driven by the high costs associated with maintaining an in-house security team, including recruitment and management. Securitas and G4S are leading vendors in this market, offering fully maintained security teams without requiring intervention from the client. Their trained workforce caters to diverse user requirements, such as corporate clients, shopping malls, individual customers, and airports. These factors are expected to fuel the growth of the secure logistics market in the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

Secure logistics is a critical component of the supply chain, ensuring the safe and efficient transportation and storage of high-value goods. Deregulation and Foreign Direct Investments have fueled the growth of this market, particularly in emerging economies. Wealth management services and High Net-worth Individuals (HNWIs) have increased the demand for secure logistics solutions, including cash logistics and inventory management. Technological advancements, such as Blockchain, Internet of Things (IoT), Artificial Intelligence (AI), and Machine Learning algorithms, are revolutionizing secure logistics. Real-time monitoring through GPS and RFID technology, security personnel, armored vehicles, and cash-in-transit companies are essential players in this market. The transportation sector includes airplanes, while warehousing and cash management services are crucial for secure storage. Diamonds and gemstones require specialized secure logistics solutions due to their high value and vulnerability to theft. Cash services, including ATMs and cash management systems, are a significant segment of the market. Electronic payment systems have also increased the demand for secure logistics services to ensure the safety of digital transactions. Security services, including cash-in-transit companies and financial organizations, are key stakeholders in the secure logistics market. The integration of AI and machine learning algorithms in inventory management and transportation optimizes operations and reduces risks. Overall, the secure logistics market is a dynamic and evolving industry that plays a vital role in the global economy.

Market Research Overview

Secure logistics is a specialized field of supply chain management that focuses on the safe and efficient transportation and storage of high-value goods. With deregulation and increased foreign direct investments, the market for secure logistics has seen significant growth. High net-worth individuals and wealth management services are major consumers of secure logistics services for diamonds, manufacturing components, public infrastructure, and other valuable assets. Technological advancements such as blockchain, Internet of Things, artificial intelligence, and machine learning algorithms are transforming the industry, providing real-time monitoring, confidentiality, and regulatory compliance. Governmental agencies and international regulations play a crucial role in shaping the secure logistics landscape. Cash logistics, including cash management, ATM services, and cash-in-transit companies, are a significant segment of the secure logistics market. Temperature-sensitive products, fine arts, precious metals, and security technology are other key areas of focus. Static and mobile types of secure logistics cater to various industries, including retail, e-commerce, transportation, and warehousing. Security technology, such as tamper evident seals, GPS tracking systems, and armed security personnel, is essential for secure transportation of goods. Last mile delivery, cargo transportation, and defense instruments are other important applications of secure logistics. Outsourcing, IT services, and cross-border transport are also driving the growth of the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceSecurity ServicesCash ServicesGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/secure-logistics-market-to-grow-by-usd-32-74-billion-2024-2028-driven-by-ai-and-increasing-demand-for-secure-global-cash-circulation-302265151.html

SOURCE Technavio

Continue Reading

Technology

Cboe Clear U.S. Receives SEC Approval to Expand Clearing Capabilities

Published

on

By

SEC registration enables Cboe Clear U.S. to clear binary securities options alongside futures, positioning it to support innovation across the market

CHICAGO, Oct. 23, 2026 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced that Cboe Clear U.S., LLC (CCUS) has received temporary registration from the U.S. Securities and Exchange Commission (SEC) to operate as a Covered Clearing Agency.

The registration expands CCUS’s clearing capabilities beyond its existing authorities as a Commodity Futures Trading Commission (CFTC)-registered Derivatives Clearing Organization (DCO) to clear securities products in addition to futures and swaps products. Together with recent enhancements to its regulatory framework and product scope, the milestone positions CCUS to support innovation and emerging opportunities across a broad range of assets and markets.

CCUS will initially use its SEC registration to clear Cboe’s binary securities options tied to specified corporate key performance indicators (KPIs), which are planned to list on Cboe Options Exchange and be available on Robinhood in the fourth-quarter 2026. CCUS also recently received CFTC approval to clear margined futures broadly and continues to clear digital asset derivatives under its DCO designation.

“Clearing plays a critical role in bringing innovation to market,” said Dale Michaels, Head of Cboe Clear U.S. “These expanded capabilities position Cboe Clear U.S. to become an innovation lane to support new products and meet evolving customer needs, while maintaining the rigorous risk management standards that are fundamental to our business.”

These efforts complement Cboe’s longstanding partnership with The Options Clearing Corporation (OCC)® and Cboe’s continued commitment to supporting the established clearing infrastructure for traditional equity options.

The development builds on the growth of Cboe’s established European clearing business, where Cboe Clear Europe has become the leading pan-European equities central counterparty, while expanding into new services such as securities financing transaction clearing. Together, these advances demonstrate Cboe’s ability to extend its clearing capabilities across markets and asset classes.

To support its own future growth, CCUS has strengthened its infrastructure over the past year, including electing in June to become a Subpart C DCO. In doing so, CCUS is voluntarily adopting the enhanced standards the CFTC applies to systemically important DCOs for financial resources, risk management and operational resilience, aligning with those applied to leading global clearing organizations.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity and index derivatives. Since launching the world’s first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world’s leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.

Cboe Media Contacts

 

Cboe Analyst Contact

 

Angela Tu

+1-646-856-8734

atu@cboe.com

Tim Cave

+44 (0) 7593-506-719

tcave@cboe.com

Kenneth Hill, CFA

+1-312-786-7559

khill@cboe.com

CBOE-C
CBOE-OE

Cboe®, Cboe Global Markets®, and VIX ® are registered trademarks or service marks of Cboe Exchange, Inc and S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC. All other trademarks and service marks are the property of their respective owners. 

Cautionary Statements Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price and new products and services competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our business and operational dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions, wind downs, divestitures, or alliances effectively; increases in the cost of the products and services we use; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, liquidity, market, investment, counterparty, and default risks, associated with operating our  clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and other filings made from time to time with the SEC.

We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cboe-clear-us-receives-sec-approval-to-expand-clearing-capabilities-302918297.html

SOURCE Cboe Global Markets, Inc.

Continue Reading

Technology

Hears Everything, Uploads Nothing: VoxNexus Launches Android’s First Low-Power On-Device Always-On Voice Artificial Intelligence (AI)

Published

on

By

VoxNexus’ new on-device ambient listening solution runs for 12 hours on 2.49% of a phone’s battery and never sends audio to the cloud

MADRID, Oct. 23, 2026 /PRNewswire/ — VoxNexus (www.VoxNexus.ai) released VoxEdge, an on-device voice stack that brings speech recognition, translation and speech synthesis to affordable Android devices, entirely offline. VoxEdge supports speech recognition in 36 languages, translation in 103 languages, and speech synthesis in 45 languages—all running with no connection, no data bundle, and no cloud token bills.

AI should work for everyone, not just for speakers of a handful of mainstream languages. Yet across much of Africa, voice AI has been held back by scarce training data and the lack of targeted fine-tuning. Everyday speech also includes code-switching and dialect variation, while cloud-based inference costs can make deployment at scale expensive. 

VoxNexus’s solutions run entirely on device, and every query is free once the model is installed on the device. Its speech recognition model has as few as 65 million parameters and achieves a lower word error rate than open-source models nearly ten times its size.

“Under-resource languages aren’t small languages. Hundreds of millions of people speak them. Until now, AI models just haven’t learned them yet,” said Charles Shi, CEO of VoxNexus.

VoxNexus also launched VoxSense, an on-device ambient listening solution that uses only 162 mAh for 12 hours of continuous listening, around 2.5% of a 6,500 mAh phone battery. By keeping all processing on device, VoxSense makes always-on listening practical without draining the battery and without sending any audio to the cloud. Developers and device makers can easily integrate it through a license and a simple SDK. Developers can request a free trial here: www.VoxNexus.ai.

VoxSense and VoxEdge were unveiled at the MediaTek Dimensity 9600 launch in Madrid on October 19.

Distributed by APO Group on behalf of VoxNexus AI. 

About VoxNexus:
VoxNexus builds AI that hears and speaks — for everyone, everywhere, all the time. Its audio intelligence runs entirely on-device, delivering low latency, built-in privacy, and zero token cost across any device with a chip. VoxNexus is headquartered in Singapore. Website: www.VoxNexus.ai. Contact: public@voxnexus.ai  

VoxNexus demonstrates live on-device speech recognition at the MediaTek Dimensity 9600 launch in Madrid on Oct. 19, 2026. Spanish and English conversations were transcribed in real time on the phone, with no cloud connection. (Photo: VoxNexus) 

Speaks Your Language, No Internet Needed: VoxNexus Brings On-Device Voice Artificial Intelligence (AI) in 100+ Languages to Affordable Android Devices

View original content:https://www.prnewswire.com/news-releases/hears-everything-uploads-nothing-voxnexus-launches-androids-first-low-power-on-device-always-on-voice-artificial-intelligence-ai-302918304.html

SOURCE VoxNexus AI

Continue Reading

Technology

team.blue extends €1.1 billion of its Term Loan B to 2032 in the largest software Euro term loan issuance in the last 12 months

Published

on

By

GHENT, Belgium, Oct. 23, 2026 /PRNewswire/ — team.blue, a leading pan-European provider of digital solutions for small and medium-sized businesses (SMBs) backed by Hg, CPP Investments and Sofina, today announces the successful pricing of an amendment and maturity extension for €1.1 billion of its existing €1.35 billion Term Loan B. The transaction priced on 22 October 2026, with the refinanced tranche extended from September 2029 to July 2032, reinforcing the Company’s prudent capital structure approach.

Strong demand from a broad group of institutional investors enabled team.blue to upsize the transaction twice in-market, taking the final deal size to €1.1 billion from a minimum initial launch size of €500 million, despite recent credit market volatility. Pro forma for the transaction, c.90% of team.blue’s term debt now matures in 2032.

The transaction comes at a time of significant momentum for team.blue, with continued double-digit revenue growth and strong cash generation supporting its deleveraging trajectory. Its products help Europe’s SMBs get online, get customers, get paid and stay compliant, and AI-enabled products are increasingly driving new customer growth. team.blue continues to innovate across its portfolio, from smarter tools within its brands to secure European cloud hosting built for customers’ growing AI workloads. Its category-leading SaaS brands are also integrating with leading AI assistants, bringing team.blue’s products to customers wherever they work.

Transaction highlights

The largest software Euro term loan issuance in the last 12 months€1.1 billion Term Loan B, borrowed by team.blue Finco S.à r.l., maturing July 2032Priced at E + 425bps with a 0% floor and an OID of 98.5Upsized twice from an initial €500 million, reflecting a heavily oversubscribed order bookCorporate and facility ratings of B3 (Moody’s) and B (S&P), both with stable outlooksBofA acted as Global Coordinator and Left Lead Physical Bookrunner, alongside Barclays. ABN AMRO, BNP Paribas, Citi, ING and J.P. Morgan acted as Bookrunners

Jonathan Thackray, Chief Financial Officer of team.blue, said:
“We set out to extend €500 million of our Term Loan B, and the depth of support from our institutional investor base allowed us to go much further. This reflects confidence in team.blue’s highly recurring, cash-generative model and our position as a leading digital partner for Europe’s SMBs. It gives us the flexibility to keep innovating and investing in the digital and AI-enabled tools our customers rely on.”

About team.blue
team.blue is the pan-European digital partner for small and medium businesses, serving more than 3.5 million customers in 24 countries. From web hosting, domains, email and cloud and AI infrastructure to e-commerce, engagement, payments and compliance tools, team.blue helps SMBs get online, get customers, get paid and stay compliant. Supported by more than 4,000 employees, team.blue’s vision is to make online business success simpler, with artificial intelligence at every step. 

View original content:https://www.prnewswire.co.uk/news-releases/teamblue-extends-1-1-billion-of-its-term-loan-b-to-2032-in-the-largest-software-euro-term-loan-issuance-in-the-last-12-months-302918306.html

Continue Reading

Trending