The $ 1.2 Billion Crypto Asset Management Market by 2026

[ad_1]

CHICAGO, Oct. 29, 2021 / PRNewswire / – According to a new market research report, “Crypto Asset Management Market by Solution (custodian and wallets), Application Type (Web and Mobile-based), End User (Home and Business), (Institutions (BFSI, Hedge Funds), Retail and eCommerce)) and Region – Global Forecast to 2026 “, published by MarketsandMarkets ™, the size of the global crypto asset management market is expected to increase from $ 0.4 billion in 2021 to $ 1.2 billion by 2026, at a compound annual growth rate (CAGR) of 21.5% over the forecast period. Growing venture capital funding and growing investments in crypto asset management technology are expected to improve the use of crypto asset management solutions across the world.

MarketsandMarkets_Logo

Browse the in-depth table of contents on the ‘Crypto Asset Management Market’

147 – Tables 74 – Figures 206 – Pages

Request the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=201925303https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=199732421&utm_source=PRNewswire&utm_medium=referral&utm_campaign=PaidPR

By End User, Individual User is expected to lead the crypto asset management market during the forecast period

With an increase in the number of cryptocurrency users across the world, the potential customer base for crypto asset management solutions has also grown. Individual users use mobile phones primarily for entertainment and utility purposes. Multiple utility mobile apps help the individual user to organize and manage daily tasks. Some of these applications require access to certain personal data of the user. With the advent of social media, a large amount of sensitive personal data is also stored on these mobile devices. With a significant amount of sensitive data stored online, many individual users are opting for crypto asset management solutions to protect their data, while a large number of individuals are still not opting for premium security software. However, with the growing awareness of potential cyber threats, the adoption of crypto asset management solutions is increasing in the individual end user segment.

The story continues

Based on the business vertical, the institutions segment will lead the crypto asset management market during the forecast period.

Institutional clients are the main contributors to the growth of the crypto asset management market. Financial firms are adopting crypto asset management solutions to protect their crypto assets and streamline exchange and trading processes. In recent years, the custodian solution has gained more attention among major financial companies, especially hedge funds and investment funds. The crypto asset management platform offers the safekeeping of the cryptocurrency and processes transactions with greater security. The platform has the ability to manage multiple accounts without compromising security. According to wallet service providers, cryptocurrency is attracting the attention of financial companies, businesses and government authorities.

Speak to a research expert: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=201925303

North America will hold the largest market share during the forecast period.

Massive adoption of Bitcoin and Ethereum is widespread among customers in North America. Institutions invest heavily and trade via Bitcoin and altcoins in the United States and Canada. Cryptocurrency has been prevalent in recent years due to advancements in the use of blockchain technology. The United States is home to several blockchain projects and platform providers, resulting in significant cryptocurrency trading and a crypto fund. Major financial institutions in the United States are leveraging the capabilities of blockchain to launch their own digital currencies.

Market players:

Key and innovative vendors in the crypto asset management market include Coinbase, Inc. (US), Gemini Trust Company, LLC. (United States), Crypto Finance AG (Germany), Vo1t Ltd (United Kingdom), Bakkt, LLC (United States), BitGo, Inc. (United States), Ledger SA (France), METACO SA (Switzerland ), Iconomi Ltd. (United Kingdom), EXODUS MOVEMENT, INC. (United States), Xapo, Inc. (Switzerland), Paxos Trust Company, LLC. (United States), Koine Money Ltd (England), Amberdata, Inc. (United States), Tradeium Capital, LLC. (Germany), Opus Labs CVBA (Belgium), KryptographeInc (United Kingdom) and others.

Browse adjacent markets: market research reports and advice on software and services

Associated reports:

Blockchain market by component (platform and services), vendor (application, middleware and infrastructure), type (private, public and hybrid), organization size, scope of application (BFSI, government, IT and telecommunications ) and region – Global forecast to 2025

Cryptocurrency market with impact of COVID-19 by offering (hardware and software), process (mining and transaction), type, application (trading, remittance, payment: peer-to-peer payment, e-commerce and Retail) and Geography – Global Forecast to 2026

About MarketsandMarkets ™

MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth niche opportunities / threats that will impact 70% to 80% of global business revenues. Currently serving 7,500 clients worldwide, including 80% of global Fortune 1000 companies as clients. Almost 75,000 senior executives from eight industries around the world approach MarketsandMarkets ™ for their issues related to revenue decisions.

Our 850 full-time analysts and SMEs at MarketsandMarkets ™ monitor high-growth global markets according to the “Growth Engagement Model – GEM”. GEM aims to proactively collaborate with clients to identify new opportunities, identify the most important clients, write “Attack, Avoid and Defend” strategies, identify additional revenue streams for the company and its competitors. MarketsandMarkets ™ now offers 1,500 MicroQuadrants (positioning the best players among leaders, emerging companies, innovators, strategic players) each year in emerging high growth segments. MarketsandMarkets ™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them bring their innovations / disruptions to market quickly by providing them with cutting edge research.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for a deeper understanding of unmet information as well as market size and forecasts of niche markets.

Contact: M. Aashish MehraMarketsandMarkets ™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: + 1-888-600-6441 Email: [email protected] Insight: https://www.marketsandmarkets.com/ResearchInsight/crypto-asset-management -market.aspVisit Our Website: https: //www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/crypto-asset-management.asp

Cision

View original content: https://www.prnewswire.com/news-releases/crypto-asset-management-market-worth-1-2-billion-by-2026–exclusive-report-by-marketsandmarkets-301411886. html

SOURCE Markets and Markets

[ad_2]