The global custody services market reached a value of nearly $30.7 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.8% since 2015. Growth in the historic p,eriod resulted from increase in income and personal savings, economic growth, market liberalization, and digitization. Factors that negatively affected growth in the historic period were high competition, rising cyber risk, and stringent regulations.
Read More On The Global Custody Services Market Report At –
https://www.thebusinessresearchcompany.com/report/custody-services-market
The custody services market consists of sales of custody services by entities (organizations, sole traders and partnerships) that provide custody services or safekeeping services to clients.The companies in this industry typically settle trades, invest cash balances as directed, collect income, process corporate actions, price securities positions, and provide recordkeeping and reporting services.
Global Custody Services Market Segmentation –
The custody services market covered in this report is segmented
1) Equity
2) Fixed Income
3) Alternative Assets and Others
The fixed income market was the largest segment of the custody services market, accounting for $20.7 billion or 67.5% of the total in 2019, and this market is expected to be the fastest-growing segment going forward at a CAGR of 8.9%.
Global Custody Services Market Drivers –
The wealth of high net worth individuals is expected to increase, and this will contribute to the growth of the custody service market going forward. The rich are expected to get richer in the forecast period. The assets held by high net worth individuals (HNWI) are expected to increase from $63.5 trillion in 2016 to over $100 trillion by 2025.
Request For A Sample Of The Global Custody Services Market Report At –
https://www.thebusinessresearchcompany.com/sample.aspx?id=3215&type=smp
A Few Points From The Global Custody Services Market ToC
1. Custody Services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1.1. Segmentation By Geography
6.1.2. Segmentation By Type
7. Custody Services Market Characteristics
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
Media Contact
Company Name: The Business Research Company
Contact Person: Oliver Guirdham
Email: Send Email
Phone: +44 20 7193 0708
Address:
City: London
State: Greater London
Country: United Kingdom
Website: https://www.thebusinessresearchcompany.com/