“Crypto Asset Management Market 2021-2025” report has been added to ResearchAndMarkets.com offering. The global crypto asset management market size is relied upon to develop from $ 0.4 billion of every 2021 to $ 1.2 billion by 2026, at a compound annual growth rate (CAGR) of 21.5% throughout the span of the conjecture period. Increasedventure capital funding and growing investments in crypto asset management technology are said to drive market growth. The portfolio management arrangement enables organizations to get their digital assets and smooth out their business tasks. Asset managers and small financial institutions primarily utilize the solution.
Based on application type, the mobile segment to register the highest growth rate during the forecast period
The adoption of cryptocurrency is growing across large as well as small financial institutions. The demand for wallet management solution is expected to increase during the forecast period. Hence, crypto asset solution providers can tap new opportunities in the crypto asset management market.
Mobile apps created for exchanging cryptocurrencies can make things easier for asset traders and miners. Several stock market apps came into being featuring cryptocurrency apps, and these types of apps not only allow to have total control over the digital assets but also one can trade with them. When powered by blockchain, these cryptocurrencies can be used for all sorts of payments and transactions.
Asia Pacific region is expected to be the fastest-growing market in the coming years
Electronic wallet apps tend to store the digital assets and money allowing the user to spend on transactions involving the blockchain technology. On the other hand, digital asset tracker apps are trying hard to provide updated information about the rates, trades, market dynamics and a portfolio of various cryptocurrencies. A few crypto asset management providers include Coinbase, Gemini, and Crypto Finance, Vo1t, and BitGo.
The APAC region is expected to provide significant growth opportunities for vendors operating in the cryptocurrency management market during the forecast period. Rapid advancements in the network infrastructure, cloud computing, economic growth, and stable geopolitical system have provided a platform for the growth of solution providers in the APAC region.
The presence and use of digital currency significantly influence the financial system in APAC. The growth of cryptocurrencies has attracted many large financial institutions to achieve greater business agility in the banking systems. Cryptocurrency, which is powered by blockchain technology, allows institutional clients to conduct transactions and exchanges, thus trading more quickly. Digital currency does not need any third-party intervention owing to its decentralized networks.
Thus, the increasing adoption of cryptocurrencies among financial institutions would bolster the growth of the crypto asset management market in APAC. Premium Insights
Market Dynamics Drivers
Restraints Opportunities
Challenges Industry Trends
Initial Coin Offering Cryptocurrencies
News Summary:
- Global Crypto Asset Management Markets, 2021-2025
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