Dublin, July 22, 2020 (GLOBE NEWSWIRE) -- The "Custody Services Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global Custody services market.
The global custody services market reached a value of nearly $30.7 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.8% since 2015. The market is expected to decline from $30.7 billion in 2019 to $27.0 billion in 2020 at a rate of -12.2%.
The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8.7% from 2021 ad reach $34.6 billion in 2023.
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The report covers the following chapters:
- Executive Summary - The executive summary section of the report gives a brief overview and summary of the report
- Report Structure - This section gives the structure of the report and the information covered in the various sections.
- Introduction - The introduction section of the report gives a brief introduction about segmentation by geography, segmentation by type.
- Market Characteristics - The market characteristics section of the report defines and explains the custody services market. This chapter includes different services covered in the report and basic definitions.
- Supply Chain - The supply chain section of the report defines and explains the key players in the custody services market supply chain.
- Product Analysis - The product analysis section of the report describes the leading products/services in the market along with key features and differentiators for those products/services.
- Customer Information- This chapter covers recent customers' trends/preferences in the global custody services market.
- Trends And Strategies - This chapter describes the major trends shaping the global custody services market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
- Impact of COVID-19 - This section describes the impact of COVID-19 on the custody services market.
- Global Market Size And Growth - This section contains the global historic (2015-2019) and forecast (2023F, 2025F, 2030F) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.
- Regional Analysis - This section contains the historic (2015-2019), forecast (2019-2023F, 2025F, 2030F) market value and growth and market share comparison by region.
- Market Segmentation - This section contains the market values (2015-2019, 2019-2023F, 2025F, 2030F) and analysis for segment by type in the market.
- Regional Market Size And Growth - This section contains the region's market size (2019), historic and forecast (2015-2019, and 2023F, 2025F, 2030F) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).
- Competitive Landscape - This section covers details on the competitive landscape of the global custody services market, estimated market shares and company profiles of the leading players.
- Key Mergers And Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
The custody services market is segmented by type into equity, fixed income, alternative assets and others. The equity market was the largest segment of the custody services market segmented by type, accounting for 56.5% of the total in 2019. Going forward, the alternative assets and others segment is expected to be the fastest-growing segment in the custody services market, at a CAGR of 8.7%.
The coronavirus outbreak has forced custody service providers to remodel and adapt their business plans and highlight resilience to their investors and clients. For a company operating in the custody services market, investor money flows and returns are dependent on corporate responses to crisis management decisions. Companies who publicly protected their employees and secured their supply chain experienced higher institutional money flows and less negative returns. Further, firms that repurposed their operations to provide in-demand solutions to the pandemic experienced a significant positive impact on returns.
North America was the largest region in the global custody services market, accounting for 52.0% of the total in 2019. It was followed by Western Europe, Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the custody services market will be Western Europe, and the Asia Pacific, where growth will be at CAGRs of 4.4% and 3.2% respectively. These will be followed by North America, and the Middle East, where the markets are expected to grow at CAGRs of 2.6% and 1.5% respectively.
The custody services market is highly concentrated, with a large number of small players. The top ten competitors in the market made up to 53.97% of the total market in 2019. Major players in the market include State Street Corporation, The Bank of New York Mellon Corporation, JPMorgan Chase & Co., Northern Trust Corporation and BNP Paribas S.A.
Key Topics Covered:
1. Custody Services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1.1. Segmentation By Geography
6.1.2. Segmentation By Type
7. Custody Services Market Characteristics
7.1. Market Segmentation By Type
7.1.1. Equity
7.1.2. Fixed Income
7.1.3. Alternative Assets and Others
8. Custody Services Market, Supply Chain Analysis
8.1. Resources
8.1.1. Real Estate, Building And Infrastructure Developers
8.1.2. Office Equipment And Utilities Suppliers
8.1.3. Hardware And Software Suppliers
8.1.4. Human Resources
8.2. Custody Service Providers
8.3. Other Service Providers
8.4. End-Users
9. Custody Services Market, Product/Service Analysis - Product/Service Examples
10. Custody Services Market Customer Information
10.1. Technological Advances Can Impact Financial Services
10.2. Asset Managers Are Dissatisfied By The Digital Capabilities Provided By The Service Providers
10.3. Cyber Threat To Digital Custodian Companies
11. Custody Services Market Trends And Strategies
11.1. Implementation Of Blockchain Technology
11.2. Investments In Distributed Ledger Technology
11.3. Increasing Merger And Acquisition Activity
11.4. Data Management
11.5. Investments In Cybersecurity
11.6. Increased Investment In Robotic Process Automation
12. COVID Impact On Custody Services Market
12.1. Reactions Of Top Companies In The Custody Services Market
12.1.1. State Street Helps Central Banks Assess The Economic Impact of COVID-19
12.1.2. The Bank of New York Mellon Corporation's (BNY Mellon) Initiatives
12.1.3. Northern Trust Corporation's Relief Efforts
13. Global Custody Services Market Size And Growth
13.1. Market Size
13.2. Historic Market Growth, 2015 - 2019, Value ($ Billion)
13.2.1. Drivers Of The Market 2015 - 2019
13.2.2. Restraints On The Market 2015 - 2019
13.3. Forecast Market Growth, 2019 - 2023, 2025F, 2030F Value ($ Billion)
13.3.1. Drivers Of The Market 2019 - 2023
13.3.2. Restraints On The Market 2019 - 2023
14. Custody Services Market, Regional Analysis
14.1. Global Custody Services Market, By Region, Historic and Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.2. Global Custody Services Market, 2015 - 2023, Historic And Forecast, By Region
14.3. Global Custody Services Market, 2019-2023, Growth And Market Share Comparison, By Region
15. Global Custody Services Market Segmentation
15.1. Global Custody Services Market, Segmentation By Type, Historic And Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Billion)
15.1.1. Fixed Income
15.1.2. Equity
15.1.3. Alternative assets And Others
16. Global Custody Services Market Comparison with Macro Economic Factors
16.1. Custody Services Market Size, Percentage Of GDP, Global
16.2. Per Capita Average Custody Services Market Expenditure, Global
17. Asia-Pacific Custody Services Market
18. Western Europe Custody Services Market
19. Eastern Europe Custody Services Market
20. North America Custody Services Market
21. South America Custody Services Market
22. Middle East Custody Services Market
23. Africa Custody Services Market
24. Global Custody Services Market Competitive Landscape
24.1. Company Profiles
24.2. State Street Corporation
24.2.1. Company Overview
24.2.2. Products And Services
24.2.3. Business Strategy
24.2.4. Financial Overview
24.3. The Bank of New York Mellon Corporation
24.3.1. Company Overview
24.3.2. Products And Services
24.3.3. Business Strategy
24.3.4. Financial overview
24.4. JPMorgan Chase & Co.
24.4.1. Company Overview
24.4.2. Products And Services
24.4.3. Business Strategy
24.4.4. Financial Overview
24.5. Northern Trust Corporation
24.5.1. Company Overview
24.5.2. Products And Services
24.5.3. Business Strategy
24.5.4. Financial Overview
24.6. BNP Paribas S.A.
24.6.1. Company Overview
24.6.2. Products And Services
24.6.3. Business Strategy
24.6.4. Financial Overview
25. Key Mergers And Acquisitions In The Custody Services Market
25.1. Genesis Capital acquired digital custodian Vo1t
25.2. Crdit Agricole and Santander acquired CACEIS and Santander Securities Services (S3)
25.3. MMC acquired Aegis Limited and Custodial Services Limited from ASB
25.4. Coinbase acquired Xapo's custody business for USD 55 billion
26. Recommendations
26.1. Global Custody Services Market In 2023 - Countries Offering Most New Opportunities
26.2. Global Custody Services Market In 2023 - Segments Offering Most New Opportunities
26.3. Global Custody Services Market In 2023 - Growth Strategies
26.3.1. Market Trend Based Strategies
26.3.2. Competitor Strategies
27. Appendix
Companies Mentioned
- Absa Group Limited
- Aljazira Capital
- Altree Custody Services
- Arqaam Capital
- Bank Handlowy w Warszawie S.A.
- Bank of America Merrill Lynch (BofA Securities)
- Bank of China
- Bank of New York Mellon Corporation
- Barclays
- Blackrock Inc- Brazil
- BNP Paribas S.A.
- Bolsa de Valores de Lima (BVL), AFP Integra S.A., Banco BICE
- Brown Brothers Harriman
- BTG Pactual
- CACEIS
- Cecabank
- Citigroup Inc.
- Clearstream
- Commerzbank
- Credit Suisse
- Deposito Centralizado de Valores de Colombia Deceval S.A
- Deutsche Bank AG
- Dolfin
- Euroclear
- Gazprombank
- General Mills, Inc
- HC Securities & Investment
- HSBC Holdings plc
- Industrial and Commercial Bank of China
- Infinitium
- ING Bank lski S.A.
- Intesa Sanpaolo
- JP Morgan Chase & Co.
- KASB Capital
- Mainstream Group Holdings Limited
- Mitsubishi UFJ
- Mizuho Bank, Ltd
- MKB Bank Zrt
- Muscat Capital
- National Bank of Egypt
- NCBA Group
- NOMW Capital
- Northern Trust Corporation
- Ostoul Capital Group
- Pictet Group
- RBC Investor & Treasury Services (RBC I&TS)
- Riyad Capital
- RMB (Rand Merchant Bank)
- Rosbank
- Royal Bank of Canada
- Sberbank of Russia
- Schwab
- Skandinaviska Enskilda Banken AB
- Societe Generale Securities Services (SGSS)
- Stanbic IBTC
- Standard Bank
- Standard Chartered
- State Street Corporation
- Sumitomo Mitsui Banking Co
- Trust & Custody Services Bank, Ltd
- Ubhar Capital Saoc
- UBS AG
- UniCredit Bank
- VBT Group
- Wells Fargo
- Zenith Nominees Limited
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