The global crypto asset management market was valued at USD 94.55 Mn in 2018 and is expected to reach USD 325.5 Mn by 2026, growing at a CAGR of 17.1% during the forecast period.
Crypto asset, which has all the properties of cryptocurrency, is a digital derivative financial instrument issued by a group of individuals or companies to acquire assets for capitalization or to attract financial resources to implement promising projects. Crypto asset management solution provides users of all proficiency levels a more centralized location to manage their investments.
The growing need to make a user-friendly process for cryptocurrency transactions and the need to safeguard crypto assets across the world are some important factors that are expected to drive the growth of the global crypto asset management market throughout the forecast period.
Additionally, rising implementation of crypto asset management software in central securities depositories (CSDs), payments market infrastructures (PMIs), custodian banks, and central counterparty clearing houses (CCPs) for effective incorporation of crypto assets with traditional financial assets management systems is also driving the demand for crypto asset management tools.
Further, companies are developing advanced crypto asset management solutions for providing enhanced financial safety and security on premises. For instance, In June 2019, Metaco SA, AlgoTrader and Cysec have entered a partnership to provide a Swiss-made crypto asset management ecosystem for financial organisations to manage the complete life cycle of their crypto assets, from reliable storage and management to automated trading and implementation.
However, the market growth is expected to be hindered by the lack of supportive and well-structured government regulations for crypto assets in some countries and high costs associated with crypto assets infrastructure.
Crypto Asset Management Market Segmentation |
|
By Deployment | 1. On-premise |
2. Cloud | |
3. Software as a Service (SaaS) | |
By End-user | 1. Institutions |
2. Retail and E-commerce | |
3. Government | |
4. Others (Media & Entertainment and Travel & Tourism) | |
By Region | 1. North America (US and Canada) |
2. Europe (UK, Germany, France and Rest of Europe) | |
3. Asia Pacific (China, Japan, India and Rest of Asia Pacific) | |
4. Latin America (Brazil, Mexico and Rest of Latin America) | |
5. Middle East & Africa (GCC and Rest of Middle East & Africa) |
Based on Deployment, the crypto asset management market has been segmented into on-premises, cloud, and software as a service (SaaS). The on-premises deployment segment is expected to have the highest market share during the forecast period due to its wide range of functionalities, such as easy deployment, complete access to crypto asset solutions, and high-end security. The rising demand for security is anticipated to drive the demand for on-premises solutions. The solution providers have full control over the hardware, software, data, and maintenance. All the operational activities such as configuration, deployment of the solution, maintenance, and setup are handled locally on the end user's premises. Further, it also offers flexibility, reliability, scalability, and location-independent services, which is anticipated to drive the growth of this segment.
Based on End-user, the market has been segmented into Institutions, retail and e-commerce, government, and others. The other segment includes media and entertainment and travel and tourism. The institution segment is expected to have the highest market share during the forecast period owing to the rising integration of digital currency within the traditional banking systems. Institutional clients include hedge fund providers, brokerage firms, financial firms, and investment firms. Cryptocurrencies provide numerous advantages to institutional clients, such as borderless transaction settlement, faster payment system, and higher security, which is anticipated to drive demand for crypto asset management tools among institutions. Further, the growing need for securing crypto assets and simplifying the exchange and trading process is expected to fuel the demand for crypto asset management solutions.
Based on regions, the North America region is anticipated to capture a significant portion of the global market during the forecast period.
The North America is anticipated to capture a significant portion of the global market during the forecast period. In North America, the US is expected to emerge as the largest market for the growth of crypto asset management. The market is growing due to the large-scale end-users of crypto asset management solutions among financial organizations. The expansion in crypto currencies has created huge opportunities for financial organizations across the US. Institutions are adopting digital currencies as digital assets, owing to the growing exchange trading platforms and Initial Coin Offerings, which is expected to drive the demand for crypto asset management solutions.
The major players operating in the global crypto asset management market are, Diginex Limited, BitGo, Coinbase, Crypto Finance AG, Bakkt, LLC, Exodus, ICONOMI, itBit Pte. Ltd., Koine Finance, Metaco SA, Vo1t, Harvex, and Gemini Trust Company, LLC, among others.
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Chapter 1 Research Scope
1.1 Market Segmentation Scope
1.2 Market Regional Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Crypto Asset Management Market, 2016-2026, (US$ Mn)
2.1 Market Snapshot: Global Crypto Asset Management Market
2.2 Market Dynamics (DRO) Snapshot
2.3 Global Crypto Asset Management Market, by Segment, 2018
2.3.1 Global Crypto Asset Management Market, by Deployment, 2018, (US$ Mn)
2.3.2 Global Crypto Asset Management Market, by Platform, 2018, (US$ Mn)
2.3.3 Global Crypto Asset Management Market, by Type, 2018, (US$ Mn)
2.3.4 Global Crypto Asset Management Market, by End users, 2018 (US$ Mn)
2.3.5 Global Crypto Asset Management Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Crypto Asset Management Market in Developed Vs. Developing Economies, 2018 vs 2026
2.4.2 Global Crypto Asset Management Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Rapid proliferation of blockchain technology
3.2.2 Rising reliance on cryptocurrency
3.2.3 Driver 3
3.3 Market Restraints
3.3.1 Lack of regulatory framework
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Growing adoption of cryptocurrency across various verticals
3.4.2 Opportunity 2
3.5 Porter’s Five Forces Model
3.6 Industry SWOT Analysis
Chapter 4 Global Crypto Asset Management Market, by Deployment
4.1 Market Overview, by Deployment
4.1.1 Global Crypto Asset Management Market, by Deployment, 2016-2026 (US$ Mn)
4.1.2 Incremental Opportunity, by Deployment, 2018-2026
4.2 Cloud
4.2.1 Global Crypto Asset Management Market, by Cloud, 2016-2026, (US$ Mn)
4.3 On-premises
4.3.1 Global Crypto Asset Management Market, by On-premises, 2016-2026, (US$ Mn)
4.4 Software as a Services (SaaS)
4.4.1 Global Crypto Asset Management Market, by Software as a Service (SaaS), 2016-2026, (US$ Mn)
Chapter 5 Global Crypto Asset Management Market, by Platform
5.1 Market Overview, by Platform
5.1.1 Global Crypto Asset Management Market, by Platform, 2016-2026 (US$ Mn)
5.1.2 Incremental Opportunity, by Platform, 2018-2026
5.2 Custodian Solution
5.2.1 Global Crypto Asset Management Market, by Custodian Solution, 2016-2026, (US$ Mn)
5.3 Wallet Management
5.3.1 Global Crypto Asset Management Market, by Wallet Management, 2016-2026 (US$ Mn)
Chapter 6 Global Crypto Asset Management Market, by Type
6.1 Market Overview, by Type
6.1.1 Global Crypto Asset Management Market, by Type, 2016-2026 (US$ Mn)
6.1.2 Incremental Opportunity, by Type, 2018-2026
6.2 Payment Currencies
6.2.1 Global Crypto Asset Management Market, by Payment Currencies, 2016-2026, (US$ Mn)
6.3 Utility Tokens
6.3.1 Global Crypto Asset Management Market, by Utility Tokens, 2016-2026 (US$ Mn)
6.4 Privacy Coins
6.4.1 Global Crypto Asset Management Market, by Privacy Coins, 2016-2026 (US$ Mn)
6.5 Stable coins
6.5.1 Global Crypto Asset Management Market, by Stable coins, 2016-2026 (US$ Mn)
6.6 Others
6.6.1 Global Crypto Asset Management Market, by Others, 2016-2026 (US$ Mn)
Chapter 7 Global Crypto Asset Management Market, by End users
7.1 Market Overview, by End users
7.1.1 Global Crypto Asset Management Market, by End users, 2016-2026 (US$ Mn)
7.1.2 Incremental Opportunity, by End users, 2018-2026
7.2 Institutions
7.2.1 Global Crypto Asset Management Market, by Institutions, 2016-2026, (US$ Mn)
7.3 Government
7.3.1 Global Crypto Asset Management Market, by Government, 2016-2026 (US$ Mn)
7.4 Retail and E-commerce
7.4.1 Global Crypto Asset Management Market, by Retail and E-commerce, 2016-2026 (US$ Mn)
7.5 Others
7.5.1 Global Crypto Asset Management Market, by Others, 2016-2026 (US$ Mn)
Chapter 8 Global Crypto Asset Management Market, by Region
8.1 Market Overview, by Region
8.1.1 Global Crypto Asset Management Market, by Region, 2016-2026, (US$ Mn)
8.2 Attractive Investment Opportunity, by Region, 2018
8.3 North America Crypto Asset Management Market
8.3.1 North America Crypto Asset Management Market, by Deployment, 2016-2026 (US$ Mn)
8.3.2 North America Crypto Asset Management Market, by Platform, 2016-2026 (US$ Mn)
8.3.3 North America Crypto Asset Management Market, by Type, 2016-2026 (US$ Mn)
8.3.4 North America Crypto Asset Management Market, by End users, 2016-2026 (US$ Mn)
8.3.5 North America Crypto Asset Management Market, by Country, 2016-2026 (US$ Mn)
8.3.5.1 U.S.
8.3.5.2 Canada
8.4 Europe Crypto Asset Management Market
8.4.1 Europe Crypto Asset Management Market, by Platform, 2016-2026 (US$ Mn)
8.4.2 Europe Crypto Asset Management Market, by Type, 2016-2026 (US$ Mn)
8.4.3 Europe Crypto Asset Management Market, by End users, 2016-2026 (US$ Mn)
8.4.4 Europe Crypto Asset Management Market, by Country, 2016-2026 (US$ Mn)
8.4.4.1 U.K.
8.4.4.2 Germany
8.4.4.3 Italy
8.4.4.4 France
8.4.4.5 Rest of Europe
8.5 Asia Pacific Crypto Asset Management Market
8.5.1 Asia Pacific Crypto Asset Management Market, by Deployment, 2016-2026 (US$ Mn)
8.5.2 Asia Pacific Crypto Asset Management Market, by Platform, 2016-2026 (US$ Mn)
8.5.3 Asia Pacific Crypto Asset Management Market, by Type, 2016-2026 (US$ Mn)
8.5.4 Asia Pacific Crypto Asset Management Market, by End users, 2016-2026 (US$ Mn)
8.5.5 Asia Pacific Crypto Asset Management Market, by Country, 2016-2026 (US$ Mn)
8.5.5.1 China
8.5.5.2 Japan
8.5.5.3 India
8.5.5.4 Rest of APAC
8.6 Latin America Crypto Asset Management Market
8.6.1 Latin America Crypto Asset Management Market, by Deployment, 2016-2026 (US$ Mn)
8.6.2 Latin America Crypto Asset Management Market, by Platform, 2016-2026 (US$ Mn)
8.6.3 Latin America Crypto Asset Management Market, by Type, 2016-2026 (US$ Mn)
8.6.4 Latin America Crypto Asset Management Market, by End users, 2016-2026 (US$ Mn)
8.6.5 Latin America Crypto Asset Management Market, by Country, 2016-2026 (US$ Mn)
8.6.5.1 Brazil
8.6.5.2 Mexico
8.6.5.3 Rest of LATAM
8.7 Middle East & Africa Crypto Asset Management Market
8.7.1 Middle East & Africa Crypto Asset Management Market, by Deployment, 2016-2026 (US$ Mn)
8.7.2 Middle East & Africa Crypto Asset Management Market, by Platform, 2016-2026 (US$ Mn)
8.7.3 Middle East & Africa Crypto Asset Management Market, by Type, 2016-2026 (US$ Mn)
8.7.4 Middle East & Africa Crypto Asset Management Market, by End users, 2016-2026 (US$ Mn)
8.7.5 Middle East & Africa Crypto Asset Management Market, by Region, 2016-2026 (US$ Mn)
8.7.5.1 GCC
8.7.5.2 Rest of MEA
Chapter 9 Competitive Intelligence
9.1 Market Players Present in Market Life Cycle
9.2 Top Players Comparison
9.3 Market Positioning of Key Players, 2018
9.4 Market Players Mapping
9.4.1 By Deployment
9.4.2 By Platform
9.4.3 By Type
9.4.4 By End users
9.4.5 By Region
9.5 Strategies Adopted by Key Market Players
9.6 Recent Developments in the Market
9.6.1 Mergers & Acquisitions, Partnership, New Product Developments
Chapter 10 Company Profiles
10.1 Diginex Limited
10.1.1 Diginex Limited Overview
10.1.2 Key Stakeholders/Person in Diginex Limited
10.1.3 Diginex Limited Products Portfolio
10.1.4 Diginex Limited Financial Overview
10.1.5 Diginex Limited News/Recent Developments
10.2 BitGo
10.2.1 BitGo Overview
10.2.2 Key Stakeholders/Person in BitGo
10.2.3 BitGo Products Portfolio
10.2.4 BitGo Financial Overview
10.2.5 BitGo News/Recent Developments
10.3 Coinbase
10.3.1 Coinbase Overview
10.3.2 Key Stakeholders/Person in Coinbase
10.3.3 Coinbase Products Portfolio
10.3.4 Coinbase Financial Overview
10.3.5 Coinbase News/Recent Developments
10.4 Crypto Finance AG
10.4.1 Crypto Finance AG Overview
10.4.2 Key Stakeholders/Person in Crypto Finance AG
10.4.3 Crypto Finance AG Products Portfolio
10.4.4 Crypto Finance AG Financial Overview
10.4.5 Crypto Finance AG News/Recent Developments
10.5 Bakkt, LLC
10.5.1 Bakkt, LLC Overview
10.5.2 Key Stakeholders/Person in Bakkt, LLC
10.5.3 Bakkt, LLC Products Portfolio
10.5.4 Bakkt, LLC Financial Overview
10.5.5 Bakkt, LLC News/Recent Developments
10.6 ICONOMI
10.6.1 ICONOMI Overview
10.6.2 Key Stakeholders/Person in ICONOMI
10.6.3 ICONOMI Products Portfolio
10.6.4 ICONOMI Financial Overview
10.6.5 ICONOMI News/Recent Developments
10.7 itBit Pte. Ltd.
10.7.1 itBit Pte. Ltd. Overview
10.7.2 Key Stakeholders/Person in itBit Pte. Ltd.
10.7.3 itBit Pte. Ltd. Products Portfolio
10.7.4 itBit Pte. Ltd. Financial Overview
10.7.5 itBit Pte. Ltd. News/Recent Developments
10.8 Metaco SA
10.8.1 Metaco SA Overview
10.8.2 Key Stakeholders/Person in Metaco SA
10.8.3 Metaco SA Products Portfolio
10.8.4 Metaco SA Financial Overview
10.8.5 Metaco SA News/Recent Developments
10.9 Harvex
10.9.1 Harvex Overview
10.9.2 Key Stakeholders/Person in Harvex
10.9.3 Harvex Products Portfolio
10.9.4 Harvex Financial Overview
10.9.5 Harvex News/Recent Developments
10.10 Gemini Trust Company, LLC
10.10.1 Gemini Trust Company, LLC
10.10.2 Key Stakeholders/Person in Gemini Trust Company, LLC
10.10.3 Gemini Trust Company, LLC Products Portfolio
10.10.4 Gemini Trust Company, LLC Financial Overview
10.10.5 Gemini Trust Company, LLC News/Recent Developments
Chapter 11 Research Methodology
11.1 Methodology/Research Approach
11.2 Market Size Estimation
11.3 Data Source
11.3.1 Secondary Sources
11.3.2 Primary Sources
11.4 Breakup of the Primary Profiles