openPR Logo
Press release

Asset Servicing Market Size to Generate $264.6 Million by 2032, growing at a CAGR of 12.5%.

04-18-2024 12:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Asset Servicing Market

Asset Servicing Market

Asset servicing is the backbone of the financial industry, providing critical support services to investors, asset managers, and other stakeholders. It encompasses a wide range of activities, including custody, settlement, trade processing, corporate actions, and others. Moreover, with the increasing complexity of financial markets and the growing demand for transparency and accountability, asset servicing has become a crucial aspect of the investment process.

Allied Market Research published a report, titled, "Asset Servicing Market by Service (Fund Services, Custody and Accounting, Outsourcing Services, Securities Lending, and Others), Enterprise Size (Large Enterprises, and Small and Medium-sized Enterprises), and End User (Capital Markets, Wealth Management Firms, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global asset servicing industry generated $83.7 billion in 2022, and is anticipated to generate $264.63 billion by 2032, witnessing a CAGR of 12.5% from 2023 to 2032.

โžก๏ธ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž & ๐“๐Ž๐‚ : https://www.alliedmarketresearch.com/request-sample/238807

Asset servicing encompasses administrative services delivered by entities such as central securities depositories (CSDs) or custodians, particularly concerning the custody and secure storage of financial instruments. This term describes a comprehensive set of tasks and activities that custodians offer to their clients regarding the assets held in their custody. These activities involve tasks like processing corporate events and managing tax-related matters. Asset servicing further incorporates an extensive array of infrastructure services and portfolio analysis, offering clients valuable insights into their wealth and enhanced control over their investment portfolios.

Prime determinants of growth:

The factors driving the growth of the global asset servicing market include an increase in investment complexity and regulatory compliance requirements. In addition, globalization and market expansion fuel the growth of the market. However, cost pressures, technology disruptions, and cybersecurity risks hamper the growth of the market. However, an increase in popularity of alternative investments is expected to provide lucrative opportunities for the growth of the market.

COVID-19 scenario

The COVID-19 pandemic had a significant impact on the asset servicing market, owing to the market volatility and uncertainty that led to an increase in demand for asset servicing as investors sought expert help to navigate the unstable financial landscape.
However, as the pandemic continued, some segments of the asset servicing market faced challenges. Therefore, the asset servicing market experienced changes in demand and the way services were delivered during COVID-19. While some areas saw growth due to increased market complexity, others faced challenges, resulting in a complex and evolving landscape for asset servicing firms.

โžก๏ธ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐–๐ž ๐จ๐Ÿ๐Ÿ๐ž๐ซ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ : https://www.alliedmarketresearch.com/request-for-customization/A238323

The custody and accounting segment to maintain its leadership status throughout the forecast period

Based on service, the custody and accounting segment held the highest market share in 2022, accounting for around two-fifths of the global asset servicing market revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the expanding global investment landscape, with more people investing in stocks, bonds, and other assets, which increases the need for safekeeping and accounting of these investments. However, the securities lending segment is projected to manifest the highest CAGR of 16.5% from 2023 to 2032. This is attributed to institutional investors and asset managers. These investors are increasingly looking for ways to generate additional income from their portfolios, and securities lending offers an opportunity to earn fees by lending out their securities to borrowers.

The large enterprises segment to maintain its leadership status throughout the forecast period

Based on enterprise size, the large enterprises segment held the highest market share in 2022, accounting for around two-thirds of the global asset servicing market industry revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the fact that large enterprises manage substantial investments and portfolios and require specialized services to handle the complexity of their assets efficiently, which drives the adoption of asset servicing in large enterprises. However, the small and medium-sized enterprises segment is projected to manifest the highest CAGR of 14.5% from 2023 to 2032. This is attributed to the fact that as SMEs grow and expand their investments, they require specialized services to manage their assets effectively and ensure compliance with regulations.

The capital markets segment to maintain its leadership status throughout the forecast period

Based on end user, the capital markets segment held the highest market share in 2022, accounting for nearly three-fourths of the global asset servicing market revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the fact that capital markets are expanding as more individuals and institutions invest in stocks, bonds, and other financial instruments, creating a greater need for services to manage and safeguard these assets. However, the wealth management firms segment is projected to manifest the highest CAGR of 15.4% from 2023 to 2032. This is attributed to the fact that as wealth management firms handle the investments of high-net-worth individuals and families, they require specialized services to effectively manage and grow these assets.

North America to maintain its dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than two-fifths of the global asset servicing market revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the demand for specialized expertise and the trend towards outsourcing, making it a vital part of the region's financial landscape. However, Asia-Pacific is expected to witness the fastest CAGR of 16.4% from 2023 to 2032. This is attributed to the region's economic expansion and increase in international interest in Asian investments, highlighting the importance of these services in the financial sector.

Leading Market Players: -

Northern Trust Corporation
UBS
The Bank of New York Mellon Corporation
Fenergo
JPMorgan Chase & Co.
HSBC Group
Credit Agricole (CACEIS)
Deutsche Bank AG
Broadridge Financial Solutions, Inc.
CIBC Mellon

โžก๏ธ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ :
https://www.alliedmarketresearch.com/purchase-enquiry/238807

The report provides a detailed analysis of these key players in the global asset servicing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the asset servicing market analysis from 2022 to 2032 to identify the prevailing asset servicing market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
The Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the asset servicing market segmentation assists to determine the prevailing asset servicing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as asset servicing market trends, key players, market segments, application areas, and market growth strategies.

Asset Servicing Market Key Segments:

By Service

Fund Services
Custody and Accounting
Outsourcing Services
Securities Lending
Others

By Enterprise Size

Large Enterprises
Small and Medium-sized Enterprises

By End User

Capital Markets
Wealth Management Firms
Others

By Region

North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

โžก๏ธ๐๐ฎ๐ฒ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ๐ž๐ ๐๐ซ๐ข๐œ๐ž @ https://bit.ly/3M4svdY

โžก๏ธ๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
Event Insurance Market https://www.alliedmarketresearch.com/event-insurance-market-A14929
Blockchain Government Market https://www.alliedmarketresearch.com/blockchain-government-market-A108804
Digital Business Card Market https://www.alliedmarketresearch.com/digital-business-card-market-A108801
Europe Debt Collection Software Market https://www.alliedmarketresearch.com/europe-debt-collection-software-market
Europe Travel Insurance Market https://www.alliedmarketresearch.com/europe-travel-insurance-market

Contact:

David Correa

1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.

Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285

UK: +44-845-528-1300

India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com
https://pooja-bfsi.blogspot.com/
https://www.quora.com/profile/Pooja-BFSI
https://medium.com/@psaraf568

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asset Servicing Market Size to Generate $264.6 Million by 2032, growing at a CAGR of 12.5%. here

News-ID: 3468624 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Asset

Asset Performance Management Market Is Driven By Asset Performance Management In โ€ฆ
Asset Performance Management (APM) has emerged as a critical solution for industries aiming to enhance the performance, reliability, and efficiency of their assets. APM systems utilize data analytics, predictive maintenance, and monitoring technologies to optimize asset performance, minimize downtime, and maximize operational efficiency. The global Asset Performance Management market is characterized by key drivers and notable trends that are reshaping how industries manage and maintain their critical assets. Download Free PDFโ€ฆ
Asset Management Software
In today's dynamic business landscape, efficient asset management is more critical than ever. Sunsmart Asset Management Software is designed to empower organizations of all sizes and industries to streamline their asset-related processes, enhance control, and maximize the value of their assets. Key Features and Benefits: Comprehensive Asset Tracking: Our software provides a centralized platform to track and manage assets, offering real-time visibility into asset location, condition, and history, reducing the risk ofโ€ฆ
Asset Evaluation Service Market 2023-2030 Comprehensive Research Study and Stron โ€ฆ
Infinity Business Insights published a new research publication on Asset Evaluation Service Market Insights, to 2030 with 113+ pages and enriched with self-explained Tables and charts in presentable format. The worldwide Asset Evaluation Service market is expected to grow at a booming CAGR during 2023-2030. It also shows the importance of the Asset Evaluation Service market main players in the sector, including their business overviews, financial summaries, and SWOT assessments. Theโ€ฆ
Data Asset Map System Market Rising emphasis on data management and asset tracki โ€ฆ
Global Data Asset Map System Market Overview: The Data Asset Map System market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Data Asset Map System market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, andโ€ฆ
Big Boom in Asset Recovery Software Market 2020-2027 |HPE , Terrapin Systems , C โ€ฆ
According to a report on Asset Recovery Software Market, recently added to the vast repository of Research N Reports, the global market is likely to gain significant impetus in the near future. The report, titled โ€œGlobal Asset Recovery Software Market Research Report 2020,โ€ further explains the major drivers manipulating industry, the possibility of development, and the challenges going up against the administrations and industrialists in the market. This research studyโ€ฆ
Crypto Asset Management Market | Digital Asset Custody Company, Crypto Finance A โ€ฆ
Global Crypto Asset Management Market: Snapshot The demand within the global market for crypto asset management has been rising on account of advancements in the field of crypto currency. The past years have been an era of advancements in the global digital industry and have paved way for several new technologies. In this stampede of digital transformations, crypto currency has emerged as a matter of discussion and recourse. Hence, the globalโ€ฆ