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Secure Logistics Market to be dominated by Road Transport Segment reaching 154.3 Bn by 2030- Says Stellar Market Research

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PUNE, India, July 29, 2024 /PRNewswire/ — The Global Secure Logistics market is expected to grow from USD 89.1 billion in 2023 to USD 154.3 billion by 2030, at a CAGR of 8.16% according to Stellar Market Research. Secure logistics have become the foundation of supply chains as they ensure the safe and seamless transport of goods from warehouses or manufacturing units to customers. Secure logistics are majorly applicable in the case of valuable goods, including cash, gemstones, and expensive equipment. The sector makes use of advanced technology such as GPS and RFID to track the location of shipments. As the prevalence of cargo theft is increasing the secure logistics market is positioned for growth.

 Global Secure Logistics Market 2023-2030: Key Highlights:
Market Size in 2023
USD 89.1 Bn
Market Size in 2030
USD 154.3 Bn
CAGR
8.16 percent (2024-2030)
Forecast Period
2024-2030
Base Year
2023
Number of Pages
278
No. of Tables
118
No. of Charts and Figures
110
Segment Covered
By Type, Mode of Transportation, Service Type, Application, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage
Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Get your Sample PDF: https://www.stellarmr.com/report/req_sample/Secure-Logistics-Market/2123 
Key Player Offerings
AIR is rapidly positioning itself as a leader in the eVTOL market by offering a versatile platform with both passenger and cargo capabilities. The company’s successful development into the cargo and logistics sector, coupled with strong sales for its passenger model, demonstrates its ability to adapt to diverse market needs. Through its focus on efficient production, safety, and technological innovation, AIR is well-positioned to capitalize on the growing demand for electric aerial mobility solutions.SMX and Brink are revolutionizing the gold market through their strategic partnership. By combining SMX’s innovative digitization technology with Brink’s secure logistics expertise, the duo is set to redefine industry standards for transparency, trust, and efficiency. This collaboration, centered around impartial gold marking, auditing, and storage, is poised to enhance the entire gold value chain, from sourcing to financing. With a strong focus on Dubai and the GCC region, the partnership aims to create a new benchmark for the global gold market.The Static Segment to dominate the Secure Logistics Market during the forecast period
The static segment has been dominant in the secure logistics market due to its essential role in safeguarding high-value assets in fixed locations, such as vaults, safe rooms, and secure storage facilities. This segment accounts for over 55% of the total revenue in the secure logistics sector, highlighting its importance. Major companies like G4S, Securitas, and Prosegur have heavily invested in advanced security technologies, including biometric access controls, 24/7 surveillance systems, and AI-powered threat detection, to enhance the security of stored assets. The increasing demand for secure storage of sensitive items, such as pharmaceuticals, precious metals, and confidential documents, has been a key driver behind the segment’s growth. For instance, the pharmaceutical sector experienced a 10% increase in demand for secure storage solutions in 2023, relying on these facilities to maintain the integrity of high-value drugs and medical equipment. Additionally, the rise in cybercrime has prompted businesses to invest in secure offsite storage for critical data backups, contributing to a 7% rise in the market for data vault services. These factors strengthen the static segment’s dominant position and continuous growth in the secure logistics market.
Europe to dominate the Secure Logistics Industry during the forecast period
Europe dominates the secure logistics market with a strong ecosystem of over 4,000 specialized companies. Utilizing technologies like GPS and blockchain, industry leaders such as Brink’s and Loomis guarantee top-notch security for valuable goods. The EU’s regulatory framework, including the GDPR, upholds stringent data protection standards crucial for secure logistics. Key countries like Germany, the UK, and the Netherlands, which handle around 60% of high-value goods transport in the region, serve as vital hubs due to their strategic locations and exceptional logistics networks. Moreover, the increasing cyber threats have prompted logistics firms to enhance cybersecurity measures, resulting in an 8% rise in security technology investments in 2023. Europe’s dedication to sustainability is evident as many secure logistics companies adopt eco-friendly practices like electric vehicles and carbon-neutral warehouses, aligning with the EU’s Green Deal objectives. This comprehensive strategy not only ensures the safety and efficiency of logistics operations but also opens up significant growth prospects.
Secure Logistics Key Players
The Secure Logistics market is competitive with key players including Brinks, G4S, Loomis, GardaWorld, Allied Universal, SECURITAS, Cash-in-Transit, CMS Info Systems, and TFI International among others.
Request for a Sample Report:https://www.stellarmr.com/report/req_sample/Secure-Logistics-Market/2123 
Key Highlights:
Past Market Size and Competitive Landscape (2018 to 2022)Market Size, Share, Size & Forecast by Different Segment | 2024−2030Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by RegionMarket Segmentation – A detailed analysis by Type, Mode of Transportation, Service Type, Application, End User, and RegionCompetitive Landscape – Profiles of selected key players by region in a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s analysisValue chain and supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendationsBrowse for More Reports by Stellar Market Research: Automotive & Transportation Reports & Consulting
About Stellar Market Research:
Logistics Market size was valued at USD 345.13 Billion in 2023 and the total Global Logistics revenue is expected to grow at a CAGR of 9.6 % from 2024 to 2030, reaching nearly USD 536.88 Billion by 2030.
Retail Logistics Market size was valued at USD 262.67 Bn. in 2023 and the Retail Logistics revenue is expected to grow at a CAGR of 10% from 2024 to 2030, reaching nearly USD 518.37 Bn. by 2030.
Maritime Freight Transport Market size was valued at USD 365.85 Bn. in 2023 and the total Global Maritime Freight Transport Market revenue is expected to grow at a CAGR of 4.33% from 2024 to 2030, reaching nearly USD 492.24 Bn. by 2030.
Cargo Transportation Market size was valued at USD 23.84 Bn. in 2023 and the total Cargo Transportation Market size is expected to grow at a CAGR of 10.20% from 2024 to 2030, reaching nearly USD 47.06 Bn. by 2030.
Cash Logistics Market size was valued at USD 27.23 Bn. in 2023 and the total Cash Logistics Market revenue is expected to grow at a CAGR of 8% from 2024 to 2030, reaching nearly USD 46.79 Bn. by 2030.
Healthcare Third-Party Logistics Market Size is valued at 222.51 Billion in 2023 and is expected to reach 371.57 Billion by the year 2029 at a 7.6% CAGR during the forecast period for 2024-2030.
Blockchain in Logistics Market size was valued at US$ 13.39 Billion in 2023 and the total Blockchain in Logistics Market revenue is expected to grow at 58% through 2024 to 2030, reaching nearly US$ 329.34 Billion.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.
Contact Stellar Market Research:S.no.8, h.no. 4-8 Pl.7/4,Pinnacle Memories Fl. No. 3,Pune, Maharashtra, [email protected]+91 9607365656Follow us:Linkedin | Twitter | Facebook | Instagram |
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World’s 1st Flashlight Experience Store Kicks Off in Las Vegas

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LAS VEGAS, Sept. 15, 2024 /PRNewswire/ — Olight, a brand committed to becoming a global leader in mid-to-high-end flashlights, opened the world’s first flashlight experience store at Fashion Show Las Vegas. On the same day, it hosted a major new product launch event and a fan festival for its loyal customers.

A Retail Revolution
The store adopts an advanced digital retail model that seamlessly integrates online and offline channels. Leveraging cloud computing, big data, IoT, and other cutting-edge technologies, Olight has created a unified system for warehousing, logistics, supply chain management, and retail. This enhances operational efficiency and allows consumers to order online and pick up in-store, offering a more convenient and efficient shopping experience.
“Olight has consistently focused on the U.S. market and achieved outstanding results online. We want our first experience store to not only showcase our products but also serve as a bridge between the online and offline, connecting our brand with our customers,” said Mavis Xiao, CMO of Olight.
New Product Launches
Olight unveiled five new products at the event: Arkfeld Ultra, Baton Turbo, Perun 3, Sphere, and the Arkfeld Pro (Paw Edition). The Arkfeld Ultra uses a new aluminum material, making it one of the toughest and most scratch-resistant flashlights in the world. Olight also used this material to create a special gift for each audience member.
With the release of the Arkfeld Pro (Paw Edition), Olight announced an animal charity project in 13 countries, dedicated to supporting animal welfare for at least two years. For every Arkfeld Pro (Paw Edition) sold, Olight will donate $5 to local animal charities. This initiative aims to raise funds for animal protection and increase social awareness and action.
O-Fan Day: Celebrating the Community
O-Fan Day was a fan festival where Olight expressed its appreciation to the O-Fans, whom Olight believes are the driving force behind the brand’s growth. Olight held a fan award ceremony to recognize fans who have made outstanding contributions to supporting and promoting the brand. Over 200 O-Fans attended the festival, celebrating with Olight’s management, R&D teams, and more.
The Olight Fall Event 2024 was the brand’s most important event of the year. As a brand dedicated to establishing itself as a global leader in flashlights, Olight is bold in breaking the mold. This Fall Event demonstrated Olight’s determination to redefine the flashlight industry through innovation and to promote the development of the entire industry.
About Olight: 
Olight is committed to becoming a global leader in mid-to-high-end flashlights and driving the industry forward. Its diverse product range caters to various scenarios, from everyday carry to outdoor adventures, and is available across Europe, the Americas, and beyond.
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Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the “Good of Humanity”

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RIYADH, Saudi Arabia, Sept. 14, 2024 /PRNewswire/ — The Global AI Summit (GAIN) in Riyadh concluded on a high, after the summit welcomed more than 30,000 delegates from across the globe over three days. The live stream of the summit, organized by the Saudi Data and AI Authority (SDAIA), received 3.7m views.

Building on the success of previous editions, GAIN 2024 featured more than 450 speakers from 100 countries, participating in 150 sessions. It also witnessed over 25 launches and announcements, and facilitated the signing of over 80 agreements and Memoranda of Understanding (MoUs).
The summit has grown exponentially since its inception in 2020. Its growing prominence reflects the Kingdom of Saudi Arabia’s role in advancing AI capabilities as it positions itself as a global leader in this space.
The key output from the summit was the need for governments and policy makers to take global action to ensure that AI technology evolves for the good of humanity. Central to responsible evolution is an ethical framework and robust governance.
To support the advancement of AI ethics and governance, SDAIA announced the Riyadh Charter of Artificial Intelligence for the Islamic World in collaboration with the Islamic World Educational, Scientific, and Cultural Organization (ICESCO). This promotes ethical AI grounded in Islamic values and principles, as well as sustainable development through international cooperation.
SDAIA has played a pivotal role in forging key collaborations to strengthen local and regional AI solutions, signing MoUs with Microsoft Arabia to develop Arabic language models, IBM for a Center of Excellence in Generative AI technologies, and NVIDIA to scale AI infrastructure across the Kingdom.
The summit also marked several major milestones. Alongside the unveiling of ALLaM, the world’s most advanced Arabic Language Model, other diverse initiatives such as the Global AI Community, the THAKAI Platform, and guidelines for addressing deepfake technology.
Furthermore, the launch of the Generative AI Center of Excellence by the Digital Cooperation Organization (DCO), the agreement to open an International Center for AI Research and Ethics (ICAIRE) as a UNESCO Category 2 Center, further underscored the impact of GAIN 2024.
The summit itself provided the platform for companies from all over the world to showcase the latest AI technologies and innovations, including AI generated avatars, AI generated artwork, and even Robotic bar staff serving beverages.
The summit closed with an inspirational speech from the Director of Saudi Arabia’s National Information Center, His Excellency Dr. Esam Alwagait, in which he thanked participants:
“Your candid perspectives have not only inspired us with the vision of what lies ahead, but have also grounded us in the realities we must face. Together, we have not only imagined the future of AI, but have also made it real by addressing the challenges and identifying the enablers needed to truly unlock its potential.”
He added:
“It has been incredibly inspiring to see the world come together here in Riyadh, united by momentum to make AI work for everyone. The commitment to collaborative action has been evident throughout the summit.” 
The success of GAIN 2024 ensures that the Kingdom’s AI infrastructure will be significantly strengthened and has cemented Saudi Arabia position at the center of global AI.
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Akuvox S567G Smart Indoor Monitor Has Received Google Mobile Service Certification

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XIAMEN, China, Sept. 13, 2024 /PRNewswire/ — Akuvox has announced its S567G, an indoor monitor powered by Android™, to have received Google GMS certification. This certification ensures full support for Google Services, allowing users to download and update apps directly from the Google Play Store, including smart home control apps. It also enhances system security, protecting against malware and unauthorized access.

GMS certification involves comprehensive testing and approval by Google or a designated 3PL lab, validating security and compatibility to ensure seamless integration within the Android ecosystem. Receiving GMS certification underscores Akuvox’s leadership in the smart intercom industry. Building on its legacy as the pioneer of Android smart intercoms, Akuvox continues to elevate its Android systems with Google’s rigorous certification, offering clients flexible and sophisticated smart intercom solutions. 
The S567G’s GMS certification ensures flawless operation with key Google apps like Chrome, Gmail, YouTube, Maps, and the Play Store. Edward Shi, Product Manager of the S567G, notes, “The positive feedback we’ve received from clients, even during testing, confirms that this device is transforming daily life. It’s more than just an intercom — it’s a versatile tool, even capable of functioning as a small TV. Our team has worked tirelessly to meet the highest standards, and I’m excited to see how it enhances smart living for our users.”
The S567G’s features extend beyond intercom functionality. With four HD speakers and a 1280 x 800 IPS LCD screen, it offers an exceptional audio-visual experience, redefining the concept of an indoor monitor. Whether for entertainment or smart home control, the S567G stands out as a versatile wall-mounted tablet, bringing innovation to every interaction.
About Akuvox
Akuvox is a global leading provider of smart intercom and smart home products and solutions. It is committed to unleashing the power of technology to improve people’s lives with better communication, greater security, and more convenience. Encompassing artificial intelligence, SIP, Android, cloud, security, and other advanced technologies, Akuvox continuously drives breakthrough changes in the industry and creatively delivers an unrivaled portfolio of smart intercom and smart home products and solutions. It has been deployed and used daily in more than 110 countries and regions, meeting customer needs in various vertical markets that range from residential to commercial, from healthcare to public safety.
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