Press release
Custody Service Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033
Custody Service Market Overview
As per the report, the custody service market size has grown strongly in recent years. It will grow from $41.57 billion in 2023 to $45.39 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The custody service market size is expected to see strong growth in the next few years. It will grow to $63.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=3797&type=smp
The Role Of Automation And Standardization In Enhancing Efficiency And Reducing Costs In Custody Services
Automation and standardization are key factors driving the growth of the custody service market. The custody services industry is focusing on using technology to improve efficiency. The automation and standardization of core custody services and operations result in higher visibility, enhanced productivity due to operational efficiency, and cost reductions for customers, they improve quality of service and allow the custodian to react quickly to future needs. Due to the automation and standardization of custody services in the forecast period, the asset-centric model is expected to be augmented by a more data-centric, open platform method where the custodian will have access to a variety of available services. For instance, an automated reporting system provides daily reports of exceptions, securities available for loan, securities on loan, valuation of cash collateral, daily mark-to-market information, and margin calls. Therefore, such automation and standardization features are expected to drive the growth of the custody service market.
The Rise Of Digital Asset Custody Platforms In The Custody Services Market
The development of digital asset custody platforms in custody services is gaining traction in the market. Companies in the global custody service market are increasingly focusing on digital asset custody with better security and operational efficiency. For example, in 2022, US based investment banking services company, BNY Mellon launched its Digital Asset Custody platform in the US, which allows clients to hold and transfer bitcoin and ether. The multi-asset platform bridges digital and traditional asset custody. The platform store clients' private keys and provide some bookkeeping on the crypto assets in their portfolios.
The custody service market covered in this report is segmented -
1) By Service: Core custody services, Ancillary services, Core depository services, Other Administrative Services
2) By Type: Equity, Fixed Income, Alternative Asstes, Other Types
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=3797&type=discount
Major companies operating in the custody service market report are JPMorgan Chase & Co., HSBC Holdings plc, Citigroup Inc., Wells Fargo & Company, BNP Paribas, UBS AG, State Bank of India, Groupe Caisse d'Épargne, Deutsche Bank AG, HDFC Bank Ltd., ICICI Bank Ltd., The Bank of New York Mellon Corporation, DBS Bank Ltd., Commerzbank AG, State Street Bank and Trust Company, Northern Trust Corporation, Hang Seng Bank Limited, Kotak Mahindra Bank Limited, Standard Chartered plc, Yes Bank Ltd., Societe Generale Securities Services GmbH, Stock Holding Corporation of India Ltd., Julius Baer Group AG, Brown Shipley & Co. Limited, RBC Investor & Treasury Services, Edelweiss Custodial Services Ltd., Orbis Financial Corporation Ltd., Axis Bank Ltd., Brown Brothers Harriman & Co., Infrastructure Leasing & Financial Services Ltd.
Contents of the report:
1. Executive Summary
2. Custody Service Market Report Structure
3. Custody Service Market Trends And Strategies
4. Custody Service Market - Macro Economic Scenario
5. Custody Service Market Size And Growth
…..
27. Custody Service Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/custody-service-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Custody Service Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033 here
News-ID: 3577062 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Custody
New York City Child Custody Lawyer Ryan Besinque Breaks Down Full Custody vs. So …
Ryan Besinque (https://www.besinquelaw.com/full-custody-vs-sole-custody-a-complete-guide-to-your-rights-and-the-court-process/), a New York City child custody lawyer, provides a detailed and practical look into one of the most misunderstood custody topics in New York family law: the difference between full custody and sole custody. In the article titled "Full Custody vs. Sole Custody: A Complete Guide to Your Rights and the Court Process", Besinque outlines the legal definitions, practical implications, and court procedures associated with sole custody…
Galveston County Child Custody Attorney Lacey Richmond Explains Joint Custody in …
Joint custody in Texas, also known as Joint Managing Conservatorship (JMC), allows both parents to share the rights and responsibilities of raising their child. Galveston County child custody attorney Lacey Richmond (https://www.richmondpllc.com/joint-custody-texas/) discusses how Texas courts focus on the child's best interests when determining custody arrangements. Joint custody does not always mean an equal split of time but ensures both parents remain actively involved in major decisions regarding the child's…
Manhattan Child Custody Lawyer Ryan Besinque Discusses Successful Joint Custody
Joint custody can be a challenging but rewarding arrangement for parents committed to raising their children together despite separation. Manhattan child custody lawyer Ryan Besinque (https://www.besinquelaw.com/successful-joint-custody-putting-the-co-in-co-parenting/) emphasizes the importance of collaboration, communication, and a child-centered approach to ensure a successful co-parenting relationship. His insights highlight the critical aspects of co-parenting and the steps parents can take to create a stable and supportive environment for their children.
A successful co-parenting arrangement depends…
Manhattan Child Custody Lawyer Ryan Besinque Discusses Legal Considerations for …
Manhattan child custody lawyer [https://www.besinquelaw.com/child-custody-lawyer-new-york/] Ryan Besinque provides insight into the legal factors that influence custody decisions in New York. Child custody cases require careful legal analysis, with courts prioritizing the best interests of the child. Understanding these considerations can help parents navigate custody disputes and work toward a resolution that benefits their children.
As a Manhattan child custody lawyer, Ryan Besinque explains that New York courts evaluate several factors when…
Texas Child Custody Attorney Linda Leeser Explains Custody Types in Texas Divorc …
Linda Leeser (https://myfamilymatterslaw.com/types-of-custody-in-a-texas-divorce/), a dedicated Texas child custody attorney at Family Matters Law Firm PLLC, is providing clarity on the complexities of child custody arrangements, legally known as conservatorships, in Texas divorces. The article aims to guide parents through legal nuances to help them make decisions that prioritize the well-being of their children.
Child custody arrangements in Texas, or conservatorships, define the responsibilities and decision-making authority of parents following a divorce.…
San Antonio Child Custody Attorney Linda Leeser Explains Joint Custody in Texas
Joint custody, legally referred to as joint managing conservatorship in Texas, is a legal arrangement designed to ensure both parents remain actively involved in their child's life after separation or divorce. San Antonio child custody attorney Linda Leeser (https://myfamilymatterslaw.com/what-is-joint-custody-in-texas/) offers clarity on how this custody arrangement works and how it prioritizes the child's well-being by fostering shared decision-making.
Under Texas law, joint managing conservatorship emphasizes the importance of both parents participating…
