Global Custody Service Market Trends, Strategies, Opportunities For 2022-2031
Global Custody Service Market Report by TBRC covers the custody service market drivers and restraints, market size, major players, and the impact of COVID-19
LONDON, GREATER LONDON, UK, September 19, 2022 /EINPresswire.com/ -- According to ‘Custody Service Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the custody service market size is expected to grow to $53.27 billion in 2026 at a CAGR of 8.7%. Automation and standardization are key factors driving the growth of the custody services market. The custody services industry is focusing on using technology to improve efficiency.
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The custody services market consists of revenue generated by services provided by a custodian to investors. Custody service is broadly characterized as the safekeeping and servicing of an investor’s assets. The services rendered by a bank custodian include the transaction and settlement, safekeeping, and recording of marketable assets and cash to customers. A relationship of custody is legal, and the facilities rendered for a client varies.
Global Custody Service Market Segments
The global custody service market is segmented:
By Service: Core Custody Services, Ancillary Services, Core Depository Services, Other Administrative Services
By Type: Equity, Fixed Income, Alternative Assets, Others
By Geography: The global custody service market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
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Custody Service Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides custody service market overviews, analyzes and forecasts market size and growth for the global custody service market, custody service global market share, custody service market segments and geographies, custody service global market players, custody service global market leading competitor revenues, profiles and market shares. The custody service market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Custody Service Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Bank of New York Mellon, Citigroup, JP Morgan Chase, State Street Bank and Trust, BNP Paribas, Northern Trust Corporation, HSBC, Societe Generale Securities Services, Brown Brothers Harriman & Co., and Caisse d'Epargne Investor Services.
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.
And So Much More.
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