Custody Service Market Report 2026

Custody Service Market Overview

• Custody Service market size has reached to $48.84 billion in 2025 • Expected to grow to $75.87 billion in 2030 at a compound annual growth rate (CAGR) of 9.3% • Growth Driver: Rising Demand For Digital Assets Fuels Growth In Custody Services Market • Market Trend: Technological Advancements In Custody Services To Enhance Security And Regulatory Compliance • North America was the largest region in 2025 and Western Europe is the fastest growing region.

What Is Covered Under Custody Service Market?

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. The main services of the custody service are core custody services, ancillary services, core depository services, and other administrative services. Core custody service providers settle trades, invest cash balances as requested, collect income, execute corporate activities, price securities positions, and assist with record keeping and reporting. The services are available as equity, fixed income, alternative assets, and other types.

What Is The Custody Service Market Growth Forecast?

The custody service market size is expected to see strong growth in the next few years. It will grow to $75.87 billion in 2030 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to increasing demand for digital custody solutions, rising focus on real-time reporting and transparency, expansion of alternative asset custody, growing regulatory scrutiny on asset servicing, increased outsourcing of post-trade operations. Major trends in the forecast period include increasing demand for integrated custody and asset servicing platforms, rising adoption of securities lending services, growing use of automated settlement and reporting systems, expansion of multi-asset custody capabilities, enhanced focus on regulatory-compliant data management.

Global Custody Service Market Segmentation

1) By Service: Core Custody Services, Ancillary Services 2) By Type: Equity, Fixed Income, Alternative Assets, Other Types 3) By End User: Asset Managers And Investment Managers, Banks And Broker-Dealers, Pension Funds And Retirement Schemes, Insurance Companies, Corporations And Treasury Departments, Sovereign Wealth Funds And Endowments, High-Net-Worth Individuals And Family Offices, Retail And Platform Providers Subsegments: 1) By Core Custody Services: Safekeeping Of Assets, Settlement Of Securities Transactions, Asset Servicing, Corporate Actions Processing 2) By Ancillary Services: Fund Accounting, Proxy Voting, Cash Management Services, Tax Support And Reporting

What Is The Driver Of The Custody Service Market?

The growing demand for digital assets is expected to propel the growth of the custody services market going forward. Digital assets refer to virtual or electronic resources that hold economic value and can be owned or traded within digital environments. Demand for digital assets is driven by increasing adoption of cryptocurrencies, growing interest in decentralized finance (DeFi), and the desire for alternative investment opportunities among both retail and institutional investors. Custody services for digital assets involve secure storage and management solutions for cryptocurrencies and other blockchain-based assets, ensuring the safety of private keys, facilitating transactions, and providing compliance with regulatory requirements to protect investors and enhance trust in the growing digital asset market. For instance, in February 2023, according to ETC Group, a UK-based financial services company, sales of non-fungible tokens (NFTs) on major blockchains reached nearly $1 billion in January 2023, reflecting an average increase of 33.83% across the top 12 chains. Therefore, the growing demand for the metaverse to purchase digital assets is driving the growth of the custody services industry.

Key Players In The Global Custody Service Market

Major companies operating 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.

Global Custody Service Market Trends and Insights

Major companies operating in the custody service market are focusing on advancing technology, such as digital asset custody infrastructures with integrated blockchain support, to address the growing need for secure, compliant, and scalable solutions that allow institutions to safeguard both traditional and digital assets amid rising digital asset adoption and complex regulatory requirements. Digital asset custody infrastructures with integrated blockchain support leverage distributed ledger technology, strong encryption, regulatory compliance frameworks, and interoperable operations to securely manage private keys and cryptographic assets, offering real-time auditability, immutability, and efficient settlement capabilities that traditional centralized custody systems with manual reconciliation cannot provide. For instance, in September 2024, Standard Chartered PLC, a UK- multinational bank, launched its digital asset custody service in the United Arab Emirates, a regulated offering licensed by the Dubai Financial Services Authority, enabling institutional clients to securely safekeep major cryptocurrencies such as Bitcoin and Ethereum while combining traditional custodial expertise with blockchain technology to bridge conventional finance and digital assets and address regulatory, security, and operational challenges faced by legacy custody systems.

What Are Latest Mergers And Acquisitions In The Custody Service Market?

In October 2024, Apex Group Ltd, a Bermuda-based financial services provider, acquired Digital Trustees Executors Ltd’s custody and investment accounting business for an undisclosed amount. The acquisition aims to expand Apex Group's investment operations in New Zealand, strengthen its position as a leading provider of administration and custody services in the region, and enhance its service offerings to clients by providing a single-source solution that includes access to a broad range of services, such as capital raising, distribution, and pioneering ESG and sustainability services. Trustees Executors Ltd. Is a New Zealand-based company that provides custody and investment accounting services.

Regional Outlook

North America was the largest region in the custody service market in 2025. Western Europe was the second largest market in the custody service market report. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Custody Service Market?

The custody service market consists of revenues earned by entities by providing services such as settlement, safekeeping, and reporting of customers' marketable securities and cash. Securities lending can allow a customer to make additional income on custody assets by loaning securities to approved borrowers on a short-term basis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Custody Service Market Report 2026?

The custody service market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the custody service Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?