Global Crypto Asset Management Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Crypto Asset Management Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global crypto asset management market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global crypto asset management market report has been segmented on the basis of type, deployment mode, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the global market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global crypto asset management market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Crypto assets consist of crypto currency, block-chain companies, crypto currency funds, and initial coin offering (ICO). Crypto asset management manage aforementioned digital assets to provide efficient service by storing and maintaining distributed electronic ledger across the network.
Increasing need to make user friendly procedure for crypto currency transactions and need to secure crypto assets across the globe is a key factor expected to drive growth of the global crypto asset management market during the forecast period.
In addition, increasing adoption of crypto asset management software among custodian banks, payments market infrastructures (PMIs), central securities depositories (CSDs,) and central counterparty clearing houses (CCPs) for efficient integration of crypto assets with traditional financial assets management systems is another factor expected to boost growth of the global crypto asset management market in the next 10 years.
Furthermore, increasing deployment of block-chain technology and high utilization of crypto currencies across the globe is expected to proliferate growth of the global crypto asset management market, owing to its various benefits such as, time and cost efficient asset transfer, confidential transactions with strong security framework, and easy international trade by reduced complication over currency exchange fluctuations.
Rising adoption of advanced crypto tools that manage crypto portfolios among various organizations is expected to uplift growth of the global crypto asset management market, owing to features offered by advanced crypto tools such as, diverse integrated solution offerings, transparency in transactions, minimize risks associated with digital currency, cyber security threats, and intermediaries as well as to ensure financial transactions to settle expeditiously with highly secured service.
However, lack of well-structured and supportive government regulations for crypto-assets among some countries is a major factor expected to restraint growth of the global market. In addition, high cost associated with crypto assets infrastructure is another factor expected to hamper growth of target market to a certain extent.
Market in North America is expected to dominate the global market, owing to large-scale implementation of crypto asset management solutions among financial institutions and increasing opportunities for cryptocurrency among finance sector in countries in the region. In addition, increasing digitalization of financial assets supporting growth of digital currency and Initial Coin Offerings (ICOs) among countries such as, US is expected to support growth of the global market.
Market in Asia Pacific is expected to witness lucrative growth the global market in terms of revenue, owing to increasing awareness for about digital currency among various developing countries such as China, India, and Japan. Also, increasing government support for crypto assets is expected to support growth of the target market. For example, Financial Services Agency (FSA) of Japan approved eleven companies as operators of crypto-asset exchanges on 29 September 2017 after it recognized Bitcoin as a legal tender in April 2017 and required crypto-asset exchange operators to register with the FSA.
Global Market Segmentation:
Global market segmentation, by type:
- Crypto Tokens
- Platform Tokens
- Utility Tokens
- Brand Tokens
- Transactional Tokens
Global market segmentation, by deployment mode:
- Software as a Service (SaaS)
Global market segmentation, by application:
- Banking, Financial Services, and Insurance (BFSI)
- Information Technology (IT) and Telecom
- Healthcare and Education
- Manufacturing and Transportation
- Travel and Tourism
- Construction and Retail
- Others (Food & Beverages, Oil & Gas, Real Estate)
Global market segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Altairian Capital Limited
- BitGo, Inc.
- Coinbase, Inc.
- Crypto Finance AG
- Digital Asset Holdings, LLC
- Gemini IP, LLC
- itBit Trust Company, LLC
- ICONOMI, Inc.
- Koine Finance
- Ledger S.A.S
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