Market Research Future (MRFR) has published a cooked research report on the “Global Crypto Asset Management Market” that contains information from 2022 to 2030. The Crypto Asset Management Market is estimated to register a CAGR of 25.5% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the Crypto Asset Management Market—Coinbase Inc., Gemini Trust Company LLC, Crypto Finance AG, Genesis Global Trading Inc, Bakkt Holdings Inc, BitGo Inc, and ICONOMI Limited.
The Crypto Asset Management Market is accounted to register a CAGR of 25.5% during the forecast period and is estimated to reach USD 5.53 Billion by 2030.
Crypto Asset Management Market refers to the sector within the financial industry that focuses on the professional management and investment of various cryptocurrencies and digital assets. As the adoption of cryptocurrencies like Bitcoin, Ethereum, and others has grown, so has the need for managing these assets in a secure and efficient manner. The Crypto Asset Management Market encompasses a range of services, tools, and platforms that assist individuals, institutions, and funds in effectively managing their cryptocurrency portfolios.
The Crypto Asset Management Market aims to bridge the gap between the traditional financial sector and the emerging world of cryptocurrencies, offering a range of services to cater to different types of investors and their varying levels of expertise.
The Crypto Asset Management Market has been segmented based on application and end user.
On the basis of application, the market is segmented into Web-Based and Mobile. The mobile segment had the highest global market revenue share. Mobile apps created for exchanging cryptocurrencies can make things easier for asset traders and miners. Android is an open-source OS based on a modified version of the Linux kernel. The growing preference of the Android OS among customers is expected to drive the market growth.
Based on end user, the market has been segmented into Individual User and Enterprise. The individual segment held the highest market revenue share. Rise in the cryptocurrency users and crypto asset management solutions across the globe is driving the market growth for crypto asset management.
The Crypto Asset Management Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Crypto Asset Management Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Crypto Asset Management Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Crypto Asset Management Market comprises of Middle East, Africa, and Latin America.
North America, countries like United States had a relatively mature crypto asset management market, with a mix of established players and emerging startups offering various services. Regulatory clarity was a concern, and the industry was working closely with regulatory bodies to establish guidelines.
Europe countries like Germany, France, and Netherlands were seeing increased interest in crypto asset management, with a focus on both managing existing cryptocurrencies and exploring blockchain-based financial products.
In Asia-Pacific , Japan With a history of cryptocurrency adoption, Japan had a mix of crypto asset management firms and exchanges offering services to investors. China cryptocurrency trading was restricted, China was exploring blockchain technology and central bank digital currencies (CBDCs), which indirectly influenced the crypto asset management landscape.
Furthermore, the rest of the world's Crypto Asset Management Market is divided into the Middle East, Africa, and Latin America. Brazil was a notable player in the region, with increasing interest in both cryptocurrencies and blockchain technology. Crypto asset management firms were beginning to establish themselves.
Key Findings of the Study