Services Global Market Report 2022-31 by The Business Research Company
describes and explains the global custody services market and covers 2016 to
2021, termed the historic period, and 2022 to 2026, termed the forecast period,
along with further forecasts for the period 2026-2031. The report evaluates the
market across each region and for the major economies within each region.
The Custody Services Global Market Opportunities And Strategies Report covers custody services market drivers, custody services market trends, custody services market segments, custody services market growth rate, custody services market major players, and custody services market size.
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The custody services market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
The Custody Services Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies in detail. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
A key custody services market trend:
Companies in the global custody services market are increasingly using block chain technology for better security and operational efficiency. Block chain is a technology which involves the implementation of a distributed database that is accessible to all the users over a network, where each user can add a new data record (block), with a timestamp that cannot be altered. The block chain technology maintains the authentication of data by restricting changes in the older data blocks while allowing the users to continue adding new data blocks, thus, providing high security and transparency to companies operating in the custody services market. As per the Pricewaterhousecoopers (PwC) report, by 2020, 77% of financial organizations including custody services plan to integrate block chain into their operations.
The report covers the custody services market segments:
1) By Type- Equity, Fixed Income, Alternative Assets and Others
2) By Service- Core Custody Services, Ancillary Services, Core Depository Services, Other Administrative Services
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