Global Custody Services Market Size, Forecasts, And Opportunities – Includes Custody Services Market Share
Learn about the global custody services market through The Business Research Company, which provides information on custody services market size, custody services market drivers and restraints, custody services market players, the COVID-19 impact on the custody services market, and more.
The custody services market size is expected to grow from $32.22 billion in 2020 to $49.09 billion in 2025 at a rate of 8.8%. The growth in the custody services market is mainly due to the increasing aging population, well-defined pension schemes, increases the demand for the custodians to handle funds. The global custody services market size is expected to grow from $49.09 billion in 2025 to $75.35 billion in 2030 at a CAGR of 8.9%.
Growth in the aging population is expected to drive the demand for custody service providers.
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The custody services market consists of sales of custody services by entities (organizations, sole traders and partnerships) that are involved in providing settlement, safekeeping, and reporting of customers’ marketable securities and cash. Securities lending can allow a customer to make additional income on custody assets by loaning securities to approved borrowers on a short-term basis. Only goods and services traded between entities or sold to end consumers are included.
Global custody services market segments include:
By Type: Equity, Fixed Income, Alternative Assets and Others
By Service: Core Custody Services, Ancillary Services, Core Depository Services, Other Administrative Services
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global custody services market, accounting for 51.4% of the total in 2021
Companies in the global custody services market are increasingly using block chain technology for better security and operational efficiency. Block chain is a technology which involves the implementation of a distributed database that is accessible to all the users over a network, where each user can add a new data record (block), with a timestamp that cannot be altered. The block chain technology maintains the authentication of data by restricting changes in the older data blocks while allowing the users to continue adding new data blocks, thus, providing high security and transparency to companies operating in the custody services market.
Major Market Players: State Street Corporation, The Bank of New York Mellon Corporation, JPMorgan Chase & Co., Citigroup Inc., Northern Trust Corporation
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Custody Services Market Report 2022 is one of a series of new reports from The Business Research Company that provides custody services market overviews, analyzes and forecasts market size, share, custody services market players, custody services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s custody services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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