The global asset servicing market size is expected to grow from $712.8 billion in 2021 to $784.03 billion in 2022 at a compound annual growth rate (CAGR) of 10%. The global asset servicing market size is then expected to grow to $1,149.92 billion in 2026 at a CAGR of 10%.
What is the Global Asset Servicing Market?
The asset servicing market consists of services for wealth management companies and capital markets. Asset servicing comprises services such as reorganization and proxy services, safekeeping services for physical securities, dividends, and electronic registration and transfer of securities. The assets servicing industry is a critical component of global financial markets and plays a vital role in the safekeeping of financial assets.
Get a Sample of the global asset servicing market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=3257&type=smp
What drives the Global Asset Servicing Market?
Globalization acts as a major driver for the growth of the asset servicing industry. According to a study on global asset servicing, nearly 60% of assets services in Assets Under Administration (AUA)/Assets Under Contract (AUC) predict that globalization is likely to be a strong driver for the asset servicing market’s growth over the coming years. The players dealing in the assets servicing industry are majorly focusing on APAC markets and other growing economies. Moreover, according to the BNP Paribas Securities Services article published in January 2020, India was expected to experience impressive growth in assets management and servicing industry owing to the increasing working population, the rising buying power of the populace, and expected growth in the GDP of the country. Thus, globalization creates a large avenue for the expansion and growth of the asset servicing market over the coming years.
Get the full global asset servicing industry report here
https://www.thebusinessresearchcompany.com/report/asset-servicing-global-market-report
Global Asset Servicing Market Segments
The global asset servicing market is segmented:
By Service: Fund Services, Custody and Accounting, Outsourcing Services, Securities Lending
By End-User: Capital Markets, Wealth Management Firms
By Enterprise Size: Large Enterprises, Medium and Small Enterprises
By Geography: The regions covered in the asset servicing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global asset servicing market.
Asset Servicing Global Market Report 2022provides market size and growth forecasts for the global asset servicing market, asset servicing global market share, asset servicing global market segments and geographies, asset servicing global market competitive landscape including leading competitors’ revenues, profiles and market shares. The asset servicing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Asset Servicing Industry Playersinclude National Australia Bank Limited, CACEIS, BNY Mellon, HSBC, JP Morgan, Citi, The Bank of New York Mellon Corporation (BNY Mellon), State Street Corporation, UBS, and Clearstream (Deutsche Börse Group). Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
