Sorting Cash Machine Global Market Report 2023 – By Type (Notes Sorter, Coins Sorter), By Enterprise Size (Large Enterprises, Small and Medium Sized Enterprise), By Application (Bank, Supermarket, Hospital, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Payment instruments are systems that enable funds held in accounts at credit, payment, or similar institutions to be transferred to a payee on receipt of a payment order. The main types of payments are credit transfer, direct debit, check payment, and cash deposit. Credit transfer refers to the payment method of transferring credit from one account to another. The various applications include those of banks, non-banking financial institutions, and others. These are used by retail, banking and financial services, telecommunications, the government, transportation, and other end users.d other end users. The global payments market is segmented - 1) By Type: Credit Transfer, Direct Debit, Check Payment, Cash Deposit 2) By Application: Banks, Non-Banking Financial Institutions, Other Applications 3) By End-user Industry: Retail, Banking and Financial Service, Telecommunication, Government, Transportation, Other End Users The global payments market size will grow from $561.77 billion in 2022 to $612.04 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global payments is expected to grow to $847.59 billion in 2027 at a CAGR of 8.5%. The outbreak of COVID-19 is expected to drive the growth of the payments market over the forecast period. Contactless payments are becoming a preferred payment method in the current pandemic situation because less human contact is required. Contactless payment systems at the point of service, such as facial recognition, Quick Response (QR) codes, or Near-field Communication (NFCs), will render the virus less likely to spread to others via payment exchanges. In the first quarter of 2020, the credit card giant Mastercard announced a 40% increase in contactless payments as the global pandemic deepened. Therefore, the widespread of the coronavirus is expected to propel the contactless growth of the payment market in the forecast period. Major players in the payments market are PayPal, Square Inc., Apple Inc., Amazon Payments, Flagship Merchant Services, GoCardless, Bitpay, Stripe, Payline Data, FIS., ACI Worldwide, MasterCard, Fiserv. The increasing fraud in payments has impacted the growth of the payments market. Payment fraud is a form of fraudulent or unlawful transaction carried out by a cybercriminal. Fraudsters use third-party platforms such as e-commerce portals to defraud consumers by charging for products or items that are never shipped. According to Merchant Savvy, global losses from payment fraud have tripled to $32.39 in 2020 and are expected to continue to cost $40.62 billion in 2027, which is 25% higher than in 2020. Therefore, the increase in fraud cases restrains the growth of the payments market. The integration of biometric authentication technology into payments is a key trend gaining popularity in the payments market. Biometric authentication is a specific and significant payment method that integrates and offers accuracy, effectiveness, and protection within a single package. The methods of authentication include fingerprint scanners, facial recognition, iris recognition, pulse tracking, and venous mapping. For example, In January 2022, Apple Inc., a company operating in payments based in the United States, introduced an iOS 15.4 beta periocular biometrics that allows Face ID to be used with a mask and without an Apple Watch for biometric authentication. In November 2020, Refinitiv, a London-based financial services company, acquired GIACT for an undisclosed amount. The acquisition of GIACT’s fraud prevention capabilities brings new offerings to Refinitiv’s customers by enhancing and broadening Refinitiv’s digital identity verification and document proofing solutions. GIACT is a US-based financial services company. Asia-Pacific was the largest region in the payments market in 2022. Western Europe was the second largest region in the global payments market share. The regions covered in the global payments market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the payments market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The payments market consists of revenues earned by entities that are engaged in facilitating payment transfers between individuals, companies, or both. The payments industry consists of establishments primarily engaged in processing money transfers and payments between various accounts. This includes all institutions involved in payment processing such as banks, non-banking financial institutions, and others. Revenue generated from the payments market includes all the processing and services fees levied by the banks and financial institutions for payment processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The payments research report is one of a series of new reports from The Business Research Company that provides payments statistics, including payments industry global market size, regional shares, competitors with payments share, detailed payments segments, market trends and opportunities, and any further data you may need to thrive in the payments industry. This payments research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Social media subscriptions are primarily engaged in sales of subscriptions or related services to customers on social media through cash on delivery or online payment methods to customers categorized as women, men and kids. The main types of social media subscriptions are refill, customize, and membership. Refill refers to filling something again. The payment modes include cash on delivery and online payments. The various applications involved are beauty and personal care, food and beverage, clothing and fashion, entertainment, health and fitness, and other applications and these are used by adults and kids. The global social media subscription market is segmented – 1) By Type: Refill, Customize, and Membership 2) By Payment Mode: Cash on Delivery, and Online Payments 3) By Application: Beauty and Personal Care, Food and Beverage, Clothing and Fashion, Entertainment, Health and Fitness, and Other Applications 4) By End Users: Adults, and Kids The global social media subscription market size will grow from $17.07 billion in 2022 to $21.91 billion in 2023 at a compound annual growth rate (CAGR) of 28.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of social media subscription is expected to grow from $53.97 billion in 2027 at a CAGR of 25.3%. Internet-based streaming services are expected to propel the growth of the social media subscription market. Customers nowadays are preferring to watch their favorite content as and when they wish to from any place which is increasing the popularity of online content streaming. To watch their favorite content online customers, customers need to avail of subscription to specific sites such as Netflix, Amazon, and more either on a monthly or quarterly, or yearly basis by paying a certain amount for the subscription. For instance, according to Decider, a US-based entertainment, and pop culture destination site data, Netflix has roughly 214 million global paid memberships, as of Q3 2021. In another survey conducted in America revealed that Americans prefer Netflix to TV to watch operas and movies. It also states that 53% preferred streaming TV shows and 56% online video streaming on monthly basis and only 46% prefer watching live TV. Therefore, the internet-based streaming services are driving the growth of the social media subscription market. The major players in the social media subscription market are Dollar Shave Club, Inc., Blue Apron Holding Inc., Personalized Beauty Discovery Inc. (Ipsy), The Walt Disney Company, Hello Fresh, EdgeWell Personal Care (Harry`s), PetSmart Inc., Netflix, Flintobox, Nature Delivered Ltd. (Graze), and Amazon.com Inc. Customers stop subscribing to service either voluntarily due to dissatisfaction with the service or involuntarily about payment issues termed as churn rate. The slight changes in churn rate can affect the business at the bottom line to a larger extent. The churn rate affects the monthly recurring revenue as a customer takes the revenue while leaving, customer lifetime value which affects profitability and longevity and customer acquisition costs as the company spends to acquire the customer and if he/she churns before gaining the costs spend. In 2022, an analysis by subscription service Recurly states the overall churn rate for the subscription market to be 5.6%. The B2B churn rate was 5.00% lower than B2C which was 7.05% and also the voluntary churn rate by customers was 4.21% higher than the involuntary churn rate which was 1.39%. The higher churn rate is expected to hinder the revenue generated by the social media subscription market. Social Media marketing is the use of social media platforms by companies to increase sales, drive website traffic, and market or promote their products or brands. The companies do social media management by posting content on their social media profiles, responding to their follower's reviews or comments, and publishing social media advertisements. For instance, in January 2022, according to Sprout Social data, a US-based software company, there are 3.96 billion total social media users across all platforms and the amount of time adults use social media across all platforms is now higher than ever 95 minutes per day. In July 2021, MEL Magazine, a California-based magazine acquired Dollar Shave Club for an undisclosed amount. With this acquisition, MEL aims to explore a new business model and DSC company helps MEL magazine to ensure the best digital media partner with its unique voice and talented team. Dollar Shave Club is a US-based company operating in social media subscription. North America was the largest region in the social media subscription market in 2022. The regions covered in social media subscription market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the social media subscription market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The social media subscription market includes revenues earned by entities by providing subscription services with subscriptions to Instagram, Facebook, video hosting sites, and social networking sites. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The social media subscription market research report is one of a series of new reports from The Business Research Company that provides social media subscription market statistics, including social media subscription industry, global social media subscription market size, regional shares, competitors with a social media subscription market share, detailed social media subscription market segments, market trends and opportunities, and any further data you may need to thrive in the social media subscription industry. This social media subscription market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The e-commerce market consists of sales of merchandise such as apparel, electronics, furniture, books, cosmetics, and other products through online channels. This industry includes e-commerce and m-commerce companies that offer home delivery services. The sales transaction between the retailers and their customers is typically done through the use of information technology, including the telephone and the internet, and the delivery of merchandise is typically done through the mail or couriers. The e-commerce industry also includes direct mailers who are selling their merchandise and retail through online websites. The main model types of e-commerce are business to business (B2B) and business to consumer (B2C). Business-to-business (B2B) refers to a form of transaction between businesses, like one involving a manufacturer and a wholesaler, or a wholesaler and a retailer. The various payment modes involved are card payments, bank transfers, digital wallets, cash payments, and other payment modes. The applications included are home appliances, clothing and footwear, books, cosmetics, baby goods, groceries, and other applications. The global e-commerce market is segmented - 1) By Model Type: Business to Business (B2B), Business to Consumer (B2C) 2) By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Other Payment Modes 3) By Application: Home Appliances, Clothing and footwear, Books, Cosmetics, Baby Goods, Groceries, Other Applications The global e-commerce market size will grow from $2,837.76 billion in 2022 to $3,183.16 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global e-commerce is expected to grow to $4,902.06 billion in 2027 at a CAGR of 11.4%. Rising internet penetration and the growing use of smartphones are predicted to contribute to the growth of the e-commerce market. The growing usage of the internet and smartphones is shifting consumer preferences towards online shopping. According to We Are Social’s special report on Digital 2020 published in January 2020, the total internet users across the globe in 2020 increased to 4.54 billion, with a growth of 298 million or 7% in comparison with January 2019. Moreover, the number of mobile users was 5.19 billion in 2020, which increased by 124 million, or 2.4%, in 2019. Therefore, increasing internet penetration coupled with the growing number of people using smartphones is projected to boost the demand for the growth of e-commerce market over the forecast period. Major players in the e-commerce market are Amazon.com Inc., JD.com Inc., Suning Commerce Group Co. Ltd., Apple Inc., Walmart Inc., Dell Technologies Inc., Vipshop Holdings Ltd., Gome Electrical Appliances Holding Ltd., Macy’s Inc., and Otto Group. Stringent regulations and vertical restraints imposed on the e-commerce sector are expected to limit the growth of the e-commerce industry in the near future. Vertical restraints such as platform parity agreements (APPA), geo-blocking, most favoured nation (MFN), geo-filtering, and advertising restrictions will pose a significant challenge to e-commerce players. For instance, in June 2020, the government of India issued draft rules to amend the consumer protection (E-Commerce) rules 2020. Therefore, the stringent regulation imposed on functioning and advertising makes it difficult for e-commerce players to manage their operations, thus adversely impacting the growth of the e-commerce industry over the forthcoming years. Increasing government and companies’ initiatives to promote e-commerce sales is a leading trend in the e-commerce market. According to Entracker’s news published in April 2022, Indian government launched pilot phase of Open network for digital commerce (ONDC) to democratize e-commerce sector to facilitate e-commerce of small retailers. which is projected to boost the sector's growth in the country. In April 2022, Flipkart, a Bengaluru-based e-commerce company, acquired ANS Commerce for an undisclosed amount. The acquisition would strengthen the online retail ecosystem of flipkart. ANS Commerce is an India-based e-commerce services provider. North America was the largest region in the e-commerce market in 2022. Asia-Pacific was the second largest region in the global e-commerce market share. The regions covered in the global e-commerce market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the e-commerce market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The e-commerce market consists of revenues earned by entities by providing e-commerce services such as drop shipping, crowdfunding, and subscription. The market value includes the value of related goods sold by the service provider or included within the service offering. The e-commerce market also includes sales of as apparel, electronics, furniture, books, grocery and cosmetics. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The e-commerce market research report is one of a series of new reports from The Business Research Company that provides e-commerce market statistics, including e-commerce industry global market size, regional shares, competitors with an e-commerce market share, detailed e-commerce market segments, market trends and opportunities, and any further data you may need to thrive in the e-commerce industry. This e-commerce market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

E-commerce and other non-store retailers are stores that are engaged in selling non-food items via e-commerce. The establishments in this market retail goods by delivery after making sales over the internet and by mail-order or door-to-door solicitation and in-home demonstration, from vending machines and through portable stalls. The various types of e-commerce and other non-store retailers include e-commerce, vending machine operators, and direct selling establishments. Vending machine operators fill, maintain, and collect money from machines that distribute drinks and snacks. The product types sold in e-commerce and other non-store retail markets are food, clothing, healthcare, electronics, and others through payments made through card payments, bank transfers, digital wallets, cash payments, and other payment modes. The global ecommerce and other non-store retailers market is segmented - 1) By Type: E-Commerce, Vending Machine Operators, Direct Selling Establishments 2) By Product: Food, Clothing, Healthcare, Electronics, Other Products 3) By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Other Payment Modes The global ecommerce & other non-store retailers market size will grow from $3,564.2 billion in 2022 to $3,989.37 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of ecommerce & other non-store retailers market is expected to grow to $6,091.24 billion in 2027 at a CAGR of 11.2%. Retail companies are increasingly working towards providing customers with a seamless shopping experience and are thus working towards integrating their brick and mortar stores with online shopping. Omnichannel retailing integrates the different methods of shopping available to consumers, such as by phone, online, or in a physical store. Retailers adopting this strategy offer customers numerous ways to purchase their products, through both online and offline channels. Thus, it is more flexible and convenient for consumers to purchase goods or services, which helps to boost sales. For example, Oasis, a UK-based fashion retailer, consolidates its e-commerce site, mobile app, and brick-and-mortar stores to provide an easier and better shopping experience. Associates working in the Oasis are provided iPads to give shoppers on-the-spot information on product availability. If an item is not in stock, the staff use their iPads to place an online order for the customer. A similar service is provided to online shoppers. If an item is unavailable online, customers can use the company’s service, wherein the retailer searches its stores for the product and ships it to the shopper. Major companies in the e-commerce & other non-store retailers market include Amazon.com Inc., JD.com Inc., Alibaba Group Holding Limited, Walmart Inc., Suning.com Group, Vipshop Holdings Ltd., Wayfair Inc., Qurate Retail Inc., Otto GmbH & Co KG, and eBay Inc. Vending machine operators are integrating gamification techniques with their vending machines to enhance the customer experience. Gamification is the process of incorporating game-playing elements to motivate people to engage with a product or service. Due to its interactive nature between the customer and the product through the vending machine, it results in a better customer experience and an overall return rate. For instance, some of the e-commerce companies using gamification in shopping include eBay with its bidding and feedback system, Nike with its "winter’s angry campaign," BestBuy’s Cityville Presence, and Zappos, following gamified culture and customer service. Nescafe set up a Nescafé Smoovlatté vending machine in Malaysia, which invited people to pose, sing, or dance in order to get a free bottle of the drink. The Amstel Pause vending machine in Bulgaria invited people to do nothing for 3 minutes to get a free can of beer, thus indicating the increase in gamification techniques in vending machines. North America was the largest region in the e-commerce & other non-store retailers market in 2022. Asia-Pacific was the second-largest region in the e-commerce & other non-store retailers market. The regions covered in the e-commerce and other non-store retailers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the e-commerce & other non-store retailers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The e-commerce and other non-store retailers’ market includes revenues earned by entities by providing services through distance sellers and online sellers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The Business Research Company's e-commerce and other non-store retailers market research report is one of a series of new reports that provide e-commerce and other non-store retailers market statistics, such as e-commerce and other non-store retailers industry global market size, regional shares, competitors with an e-commerce and other non-store retailers market share, detailed e-commerce and other non-store retailers market segments, market trends, and opportunities. This e-commerce and other non-store retailers' market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Hospital daily cash benefit insurance pays out cash while you are in the hospital. It does not replace comprehensive or significant medical coverage. Instead, it is intended to assist you in meeting additional costs that your other insurance may not cover. The main types of hospital daily cash benefit insurance are a rider, standalone cover, and part of health insurance. The rider refers to the hospital cash rider that provides a fixed benefit to the holder. The various terms of coverage include lifetime coverage, term insurance. The different benefits included are emergency admission, accidents, medical treatment, and surgery. The service providers involved are public and private. The global hospital daily cash benefit insurance market is segmented - 1) By Type Of Plan: Rider, Standalone Cover, Part Of Health Insurance 2) By Term Of Coverage: Lifetime Coverage, Term Insurance 3) By Benefit: Emergency Admission, Accident, Medical Treatment, Surgery 4) By Service Provider: Public, Private The global hospital daily cash benefit insurance market grew from $41.58 billion in 2022 to $47.68 billion in 2023 at a compound annual growth rate (CAGR) of 14.7% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hospital daily cash benefit insurance market is expected to grow from $70.8 billion in 2027 at a CAGR of 10.4% . Rising out of the pocket health care expenditure is expected to drive the hospital's daily cash benefit insurance market. Out-of-pocket payments (OOPs) are direct payments made by individuals to healthcare providers at the time of service use. According to the Centers for Medicare and Medicaid Services (CMS) report on National Health Expenditures 2020, the expenditure grew to $4.1 trillion in 2020 and accounted for a GDP of 19.7%. During hospitalization, out-of-pocket hospital expenses include user fees, medicine, diagnostics, procedure charges, transportation, informal charges, and others that have to be borne by the insured. The hospital's daily cash benefit insurance provides a certain fixed amount to the insured during their hospital stay, which the person is free to use as per his/her needs. Hence, an increase in out-of-pocket health care expenditure aids in the growth of the hospital's daily cash benefit insurance market. Major players in the hospital daily cash benefit insurance market are Cigna Corporation, AIA Insurance Group, UnitedHealth Group Inc., Allianz SE, Zurich Insurance Group Ltd., Express Scripts Holding Company, AXA, Aviva PLC., Aetna Inc., and Apollo Munich Health Insurance . The inability to cover the complete medical treatment expenses is anticipated to hinder the hospital's daily cash benefit insurance market’s growth. A hospital cash plan only provides a daily allowance through hospitalization instead, a health insurance plan provides more comprehensive coverage. On average, the hospital's daily cash benefit insurance provides the insured with an amount ranging from $100 to $3000 per day, which is not sufficient for the complete coverage of the treatment, making it a supplement to the health insurance plans. This scenario is likely to act as a hindrance to the growth of the market. Companies are collaborating with digital payment platforms to provide hospital daily cash benefits to policyholders to provide a simple and hassle-free claim process to policyholders for faster reimbursement. For instance, in July 2020, ICICI Lombard partnered with Phone Pe to offer hospital daily cash benefits to Phone Pe users. Similarly, in April 2020, Airtel Payments Bank partnered with Bharti AXA General Insurance for providing hospital cash benefit insurance to their customers. In January 2020, HDFC, an Indian-based provider of housing finance with a presence in banking, life and general insurance, asset management, venture capital, real estate, education, deposits, and educational loans, acquired a majority stake in Apollo Munich health insurance for $334 million. Through this acquisition, Apollo Munich health insurance is renamed HDFC ERGO health insurance to improve customer service experience with a wider range of products and a network of 10000+ cashless hospitals. Apollo Munich Health Insurance is an India-based company formed by the collaboration between Apollo Hospitals and Munich which offers services such as life, health, accident, and travel insurance. North America was the largest region in the hospital daily cash benefit insurance market share in 2022. Asia-Pacific was the second largest market in global hospital daily cash benefit insurance market. The regions covered in the global hospital daily cash benefit insurance market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the hospital daily cash benefit insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The hospital daily cash benefit insurance market consists of sales of hospital daily cash benefit insurance products by entities that are engaged in directly underwriting daily hospital cash plans that provide a lump sum amount in case of hospitalization and this amount can be used as per the liberty of the insured. The insurance industry is categorized on the basis of the business model of the firms present in the industry. Some insurance firms may offer other services financial or otherwise. Contributions and premiums are set on the basis of actuarial calculations of probable payouts based on risk factors from experience tables and expected investment returns on reserves. The value of the market is based on the premiums paid by the insured. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The hospital daily cash benefit research report is one of a series of new reports from The Business Research Company that provides hospital daily cash benefit statistics, including hospital daily cash benefit industry global market size, regional shares, competitors with hospital daily cash benefit share, detailed hospital daily cash benefit segments, market trends and opportunities, and any further data you may need to thrive in the hospital daily cash benefit industry. This hospital daily cash benefit research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cash logistics refer to transporting cash from client points to the cash processing centers, where it is counted, checked, inspected, and transferred into the client's account. It primarily manages, transmits, and protects funds by removing risks and exposing them to the public. This service is used for the physical movement as well as handling of cash from one location to another. The main types of cash logistics are cash management, cash-in-transit, and ATM services. Cash management involves collecting and managing cash flows from the operating, investing, and financing activities of a company which includes activities like specializing in ATM cash replenishment, CIT, retail cash management, such as doorstep banking, as well as complete line maintenance, cash processing, and vaulting services are all available. The different modes of transit include roadways, railways, and airways. These are used in financial institutions, retailers, government agencies, hospitality, and other end users. The global cash logistics market is segmented – 1) By Service: Cash Management, Cash-In-Transit, ATM Services 2) By Mode of Transit: Roadways, Railways, Airways, Other Modes 3) By End User: Financial Institutions, Retailers, Government Agencies, Hospitality, Other End Users The global cash logistics market size will grow from $18.65 billion in 2022 to $20.53 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of cash logistics market is expected to grow to $26.8 billion in 2027 at a CAGR of 6.9%. The rise in deployment of ATMs is expected to propel the growth of the cash logistics market going forward. An ATM stands for automated teller machine. It is a financial transaction machine and an automatic banking platform that doesn't require a teller or a human cashier for the circulation of physical cash. The process of collecting, managing, and depositing cash at an ATM, which is outsourced by banks to users, is known as cash logistics. For instance, according to the Reserve Bank of India, in India, the number of ATMs installed increased from 2.21 lakhs at the end of March 2019 to 2.32 lakhs at the end of December 2019 and by March 2021, the country's total number of ATMs had risen to 2.34 lakhs. Also, there were 213,575 bank ATMs in March 2021, which was 1.3% up from March 2020. Therefore, the rising development of ATMs is driving the growth of the cash logistics market. Major players in the cash logistics market are Cash Logistics Security AG, CMS Info Systems Ltd., GardaWorld Corporation, Global Security Logistics Co, General Secure Logistics Services (GSLS), The Brink’s Company, Lemuir Group, Loomis AB, Prosegur, Dunbar International, Global Security Logistics Co., Security and Intelligence Services, Allied Universal, and MPS Security. The introduction of mobile ATMs is a key trend gaining popularity in the cash logistics market. Major companies operating in the cash logistics market are focused on introducing mobile ATMs to meet consumer demand and strengthen their position. For instance, in May 2021, in India, HDFC Bank, an Indian banking and financial services company deployed mobile Automated Teller Machines (ATMs) to help clients and provide innovative services. The mobile ATMs would eliminate the need for people to withdraw cash in limited or sealed locations. Also, in 2021, HDFC Bank has implemented mobile ATMs in approximately 50 cities in India. Bengaluru is the bank's 25th city to receive Mobile ATMs in 2021. Customers can complete over 15 different sorts of transactions using the mobile ATM, which will be available for a limited time at each location. In April 2021, Allied Universal, a US-based provider of security systems and services acquired G4S for a deal amount of £3.8billion ($4.007 Billion). With this acquisition, Allied Universal would become the third-largest employer in North America and a global leader in integrated security, offering customers an unrivaled breadth of competence and new prospects. G4S is a UK-based company that offers secure, physical transportation of money, including banknotes and coins, from one place to another. Asia-Pacific was the largest region in the cash logistics market in 2022. The regions covered in the cash logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cash logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cash logistics market includes revenues earned by entities by administering, delivering, and securing the funds primarily by removing risks and exposing them to the public. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cash logistics market research report is one of a series of new reports from The Business Research Company that provides cash logistics market statistics, including cash logistics industry global market size, regional shares, competitors with a cash logistics market share, detailed cash logistics market segments, market trends and opportunities, and any further data you may need to thrive in the cash logistics industry. This cash logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The safes and vaults refer to a secure storage system designed to store valuable assets such as money, jewels, valuable documents, and records. Safes and vaults are made up of thick and secure materials to provide protection from theft. Technologically advanced safes and vaults are present with various technology such as fingerprint access, fire-proof safe, flood-proof, and electronic safes. The main types of safes and vaults include cash management safes, depository safes, gun safes & vaults, vault & vault doors, media safes, and others. The cash management safes refer to miniature banks, which is equipped with LCD screen and allows you to control machine and have a full audit trail capability. These systems or devices can be programmed to track money movement from and to the safe. They are used in commercial and residential sectors, and they are sold through online and offline distribution channels. The end-users of safes and vaults include banking sector and non-banking sector. The global safes and vaults market is segmented – 1) By Type: Cash Management Safes, Depository Safes, Gun Safes & Vaults, Vault & Vault Doors, Media Safes, Other Types 2) By Application: Residential, Commercial 3) By Distribution Channel: Online, Offline 4) By End User: Banking Sector, Non-Banking Sector The global safes and vaults market size will grow from $5.81 billion in 2022 to $6.28 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of safes and vaults is expected to grow to $8.25 billion in 2027 at a CAGR of 7.1%. The increase in crime rate and concern about the safety of valuable assets are expected to propel the growth of the safes and vaults market. Rising cases of theft and burglaries are concerning the general population for the safety of their assets. For instance, in February 2022, according to the New York City Police Department, New York City's overall index crime increased by 58.7% from 5759 cases in 2021 to 9138 cases in 2022. The robbery cases rose by 56% from 2099 in 2021 to 3762 in 2022. Therefore, an increase in crime rate and concern about the safety of valuable assets are driving the growth of the safes and vaults market. Major players in the safes and vaults market are Access Security Products, Alpha Safe & Vault, American Security Products, BJARSTAL, Bode-Panzer, Diebold Nixdorf, Godrej & Boyce, Gunnebo Group, American Security Products Co, Acme Security Systems, CARADONNA, Kumahira Co., Ltd., KASO, Shinjin Safes, and Safeguard Safes. Fingerprint-based technologically advanced safes are a key trend in the safes and vault market. Fingerprint-based safes consist of a biometric fingerprint scanner, which scans and stores a detailed image of the fingerprint in encrypted digital format. Once the fingerprints are stored, the biometric scanner recognizes each user’s fingerprint to provide safe and secured access to assets within the system. For instance, in November 2021, Godrej Security Solutions launched INTELLI-ACCESS, a locker system for banking institutions as per Reserve Bank of India (RBI) guidelines. By lowering reliance on manual interventions, the high-tech safe deposit vaults give consumers the ease of keyless entry, eliminating counterfeiting and fraud. Thumbprint verification validates bio-signature, interactive networking authenticates the actual client, safe quick keyless access removes dangers of illegal access, and unlocking is simple with a smartcard or biometric access. In August 2021, Monomoy Capital Partners, an American private investment firm, acquired Liberty Safe and Security Products for $147.5 million. This acquisition is expected to add to the growth of Monomoy Capital Partners as its business strategy is focused on expanding its presence in manufacturing, distribution and consumer products businesses. Liberty Safe and Security Products is a US-based company involved in the manufacturing and distribution of residential and commercial safes. North America was the largest region in the safes and vaults market in 2022. The regions covered in the safes and vaults market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the safes and vaults market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The safes and vaults market consists of sales of burglary-resistant, fire-resistant, jewelry safes, manual safe, electronic safe, and security safe. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The safes and vaults market research report is one of a series of new reports from The Business Research Company that provides safes and vaults market statistics, including safes and vaults industry global market size, regional shares, competitors with a safes and vaults market share, detailed safes and vaults market segments, market trends and opportunities, and any further data you may need to thrive in the safes and vaults industry. This safes and vaults market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Mobile money refers to the electronic transfer of money from one individual or entity to another using mobile devices. Digital payment technology is embedded in the devices and can be utilized on regular smartphone devices to receive, withdraw, and send money without using the usual banking system. Mobile money is a popular alternative to bank accounts as it is secure and simple. The main transaction types of mobile money include person to person (P2P), person to business (P2B), business to person (B2P), and business to business (B2B). The person-to-person (P2P) transaction refers to a mobile money transaction mode enabled between individuals. This P2P transaction requires minimum personal information for payments and keeps the personal data secure. They are made through different payment protocols, which include remote mobile payment and proximity mobile payment. They are used for bill payments, money transfers, ticket payments, and others. The global mobile money market is segmented - 1) By Transaction Type: Person to Person (P2P), Person to Business (P2B), Business to Person (B2P), Business to Business (B2B) 2) By Payment: Remote Payments, Proximity Payments 3) By Application: Bill Payments, Money transfers, Recharge & Top-up, Ticket Payment, Other Applications The global mobile money market size will grow from $8.86 billion in 2022 to $11.16 billion in 2023 at a compound annual growth rate (CAGR) of 25.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the mobile money is expected to grow to $28.67 billion in 2027 at a CAGR of 26.6%. The increasing adoption of mobile POS (point of sale) is driving the growth of the mobile money market. The increased expectation for quick fulfillment and the growing popularity of the digital marketplace coupled with the need for improving customer experience, ease of use, and payment efficiency has led to the increased adoption of mobile POS. This increasing adoption of mobile POS will result in significant demand for mobile money as it is a convenient and efficient solution for point of sales. For instance, according to a survey published in November 2020 by McKinsey, a global management consulting company, COVID-19 has reinforced the pattern of mobile payment and acceptance across various verticals of payment within different demographics of the USA. The share of consumers using two or more digital payment methods grew from 45% in 2019 to 58% in 2020. These digital payment methods included mobile POS, online, in-app, and peer-to-peer payments. Therefore, the increasing adoption of mobile POS is expected to boost demand for mobile money during the forecast period. Major players in the mobile money market are Vodafone, Google, Orange, Fidelity National Information Services, Paypal, Mastercard, Fiserv, Airtel, Alipay, MTN, PAYTM, Samsung, VISA, Tencent, Global Payments, Square, Amazon, Apple, Western Union Holdings, Comviva, T-Mobile, Obopay, FTS, Peerbits, Panamax, and Alepo. Technological advancement is a key trend gaining popularity in the mobile money market. The market is witnessing the implementation of advanced technologies such as NFC technology in mobile money for contactless payments. NFC (near-field communication) is a short-range wireless connectivity mechanism to enable communication between devices during their proximity using magnetic field induction, enabling quick payment and removing contact-based payments. Major companies operating in the mobile money market are focused on providing technologically advanced mobile money solutions to strengthen their market position. For instance, in March 2021, Paytm, an Indian digital payments and financial services company, introduced Smart POS for Android devices that accepts contactless payments using NFC technology. This smart POS converts an Android smartphone into a point-of-service (POS) terminal using NFC technology that allows card payments via NFC-enabled android phones. The company also introduced IoT-enabled Soundbox, offering instant voice-based confirmations of payments to merchants. Both the devices aim to create convenience and ease of use payment solutions for customers and merchants. In May 2021, Fiserv Inc., a US-based financial services technology and mobile banking company acquired Pineapple Payments for an undisclosed amount. This acquisition expands the reach of the payment solutions of Fiserv including Co-pilot partner platform Clover and Clover Connect through Pineapple Payments’ technology and relationship-led distribution channels. Pineapple Payments is a US-based payments technology firm that provides payment processing, proprietary technology, and omnichannel payment acceptance solutions for merchants including mobile payment solutions. Asia-Pacific was the largest region in the mobile money market in 2022, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile money market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the mobile money market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The mobile money market includes revenues earned by entities by providing solutions to save and manage expenses using a bank account linked with a mobile number to facilitate secure and easy transactions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The mobile money market research report is one of a series of new reports from The Business Research Company that provides mobile money market statistics, including mobile money industry global market size, regional shares, competitors with a mobile money market share, detailed mobile money market segments, market trends and opportunities, and any further data you may need to thrive in the mobile money industry. This mobile money market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.