Global Asset Servicing Market was valued at approximately USD 94.34 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 12.71% over the forecast period 2024-2032. Asset servicing encompasses the administration services provided by a central securities depository (CSD) or custodian in relation to the custody and safekeeping of financial instruments. This market encapsulates a variety of tasks and activities that custodians provide to their clients, such as processing corporate events and handling taxes. Through integrating infrastructure and portfolio analysis services, asset servicing offers wealth insight and investment control.

Global Asset Servicing Market is driven by the escalating complexity of investment portfolios and evolution of financial regulations by regulatory bodies to protect investors and maintain market stability further fuels this market. Investment portfolios become more diversified and sophisticated, encompassing a wide range of asset classes and geographical markets, the demand for comprehensive asset servicing solutions has surged. These solutions include portfolio management, asset valuation, regulatory compliance, and reporting services. Additionally, regulatory bodies around the world are frequently updating and tightening financial regulations to enhance transparency, mitigate risks, and protect investors from fraudulent activities. Furthermore, rising popularity of alternative investments is projected to present lucrative opportunities for the asset servicing market. However, the high costs associated with asset servicing present a significant challenge. The intricate and essential nature of these services necessitates substantial investment in technology, skilled personnel, and infrastructure, resulting in higher service fees.

The key regions considered for the Global Asset Servicing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America dominated the asset servicing market share, attributed to the increasing demand for specialized expertise and the trend towards outsourcing within the region's financial sector. Meanwhile, the Asia-Pacific region is expected to exhibit the highest growth rate during the forecast period, driven by robust economic expansion and growing international interest in Asian investments.

Major market player included in this report are:
HSBC Group
UBS
Deutsche Bank AG
Credit Agricole
Northern Trust Corporation
J.P. Morgan Chase and Co.
The Bank of New York Mellon Corporation
CIBC Mellon
Fenergo
Broadridge Financial Solutions, Inc
The detailed segments and sub-segment of the market are explained below:
By Service
Fund Services
Custody and Accounting
Outsourcing Services
Securities Lending
Others
By Enterprise Size
Large Enterprises
Small and Medium-sized Enterprises
By End User
Capital Markets
Wealth Management Firms
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market