How has the custody service market evolved, and where is it heading next?
The custody service market size has grown strongly in recent years. It will grow from $45.19 billion in 2024 to $48.92 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to globalization of financial markets, rise of institutional investors, regulatory compliance and risk management, increasing complexity of financial instruments, focus on investor protection.
The custody service market size is expected to see strong growth in the next few years. It will grow to $69.38 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to alternative investments and diverse asset classes, global regulatory changes and compliance, evolving risk management practices, integration of environmental, social, and governance (ESG) factors, shifts in investor preferences and industry trends. Major trends in the forecast period include tokenization of traditional assets, cross-border custody solutions, insurance coverage expansion, integration with defi ecosystem, scalability and automation.
Get Your Free Sample of The Global Custody Service Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3797&type=smp
What are the key forces behind the custody service market’s growth in recent years?
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.
What are the major segments of the custody service market?
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 Assets, Other Types
Subsegments:
1) By Core Custody Services: Safekeeping Of Assets, Settlement Of Securities Transactions, Asset Servicing, Corporate Actions Processing
2) By Ancillary Services: Fund Accounting, Risk And Performance Analytics, Proxy Voting, Cash Management Services, Tax Support And Reporting
3) By Core Depository Services: Securities Issuance And Registration, Transfer Agency Services, Clearing And Settlement, Recordkeeping Of Securities
4) By Other Administrative Services: Regulatory Compliance And Reporting, Reporting And Reconciliation Services, Corporate Governance Support, Investor Relations Services, Data Management And Reporting
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/custody-service-global-market-report
Which companies dominate the custody service market?
Major companies operating in the custody service market include 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.
What major trends will shape the custody service market during the forecast period?
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 instance, 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.
What are the key regional dynamics of the custody service market, and which region leads in market share?
The countries covered in the custody service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
What Does The Custody Service Market Report 2025 Offer?
The custody service market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Custody services typically include the settlement, safekeeping, and reporting of marketable securities and cash held by customers. By lending securities to approved borrowers on a short-term basis, a customer can earn additional income on custody assets.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3797
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
