The Custody Service Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The size of the custody service market has experienced robust growth recently. It is projected to escalate from $45.19 billion in 2024 to $48.92 billion in 2025 with a compound annual growth rate (CAGR) of 8.3%. The historical growth trend in the Custody Service Global Market Report 2025 indicates consistent growth.
The Custody Service Global Market Report 2025 forecasts that by 2029, the market size will be $69.38 billion, growing at a compound annual growth rate (CAGR) of 9.1%.
Download Your Free Sample of the 2025 Custody Service Market Report and Uncover Key Trends Now!The key drivers in the custody service market are:
• Increase in alternative investments and diverse asset classes
• Changes in global regulations and compliance
• Evolution of risk management practices
• Integration of environmental, social, and governance (ESG) factors.
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
The key trends in the custody service market are:
• The trend of tokenization of traditional assets is gaining popularity.
• There is a growing trend towards offering cross-border custody solutions.
• Insurance coverage expansion is coming up as an emerging trend.
• Integration with defi ecosystem and focus on scalability and automation are seen as significant trends.
Major companies in the custody service market 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.
North America was the largest region in the custody service market in 2024