"Smart Strategies, Giving Speed to your Growth Trajectory"
Crypto asset management aids users in handling multiple cryptocurrency portfolios over one single platform. As users are investing in multiple accounts and wallets, the demand for consolidated portfolio management tools is boosting. This is expected to fuel the demand for crypto asset management solutions and services. To understand the rapidly changing virtual money market, new as well as experienced investors are adopting the asset management solution. Across the globe, cryptocurrency users are significantly gaining interest in the solution.
Similarly, the market has ample financial risk; therefore, to overcome and combat such high risks users are shifting towards crypto asset management solutions. Also, with the growing digitalization worldwide, the demand for online traction is increasing remarkably. This is directly boosting the adoption of crypto-asset management, which helps with significant opportunities for the investors. The new investment options and boosting emerging economies are driving the adoption of crypto asset management solutions.
Key Market Driver -
• Increasing cryptocurrency users to boost the crypto asset management market growth • Flexibility over transactions are expected to fuel crypto asset management solution
Key Market Restraint -
• Highly complexed trading process is likely to hamper the market growth
Some of the key players in the global crypto asset management are BitGo, Inc. Amberdata Inc., Coinbase, Inc., Harvex Group Limited, Gemini Trust Company, LLC, Metaco, EntryZone Crypto Asset Management Group, Crypto Fund AG, Cipher Assets, Koine Finance, Crescent Crypto Asset Management LLC, Crypto Finance, Digital Asset Custody Company, Coinbase among others. The key companies are focused on providing new services and solutions to gain maximum target customers. Similarly, the companies are collaborating to expand the reach and business growth opportunities. For instance, in March 2021, Gemini Trust Company, LLC collaborated with Unifimoney Inc. for cryptocurrency exchange and custodian.
North America is expected to gain maximum market share during the forecast period. The introduction and early adoption of the solution are driving the market opportunities in the region. Also, the region has several prominent players offering dedicated solutions across the industry vertical. Europe is expected to gain a significant share after North America. The rapidly growing banking and financial investment in the region are boosting the crypto asset management market. The region is also witnessing remarkable growth in blockchain application in the financial industry. This is expected to drive the adoption of crypto asset management solutions across European countries.
The Asia Pacific is expected to gain rapid growth during the forecast period. The increasing digitalization, online transaction, boost in the economy among others are the factors contributing to the growth of the market in the region. China is expected to lead the Asia Pacific region. The country’s introduction to new cryptocurrencies is likely to fuel market growth. Similarly, increasing investment of the crypto asset management companies in the countries of the Middle East and Africa is likely to boost the market opportunity in the region. South America is expected to witness steady growth during the forecast period owing to the growing individual interest in the cryptocurrency market.
To gain extensive insights into the market, Request for Customization
ATTRIBUTE | DETAILS |
By Component |
|
By Deployment |
|
By End-User |
|
By Industry |
|
By Geography |
|
US +1 833 909 2966 ( Toll Free )