Crypto Asset Management Market

Crypto Asset Management Market : Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030

Market Overview

Crypto asset management enables investors to eliminate the need for managing offline and online wallets, exchanges balance and accounts separately, and facilitate a single platform control to improve portfolio management.

Crypto asset management is an ideal choice for a holder that has a various asset. Crypto asset management offers traders of all skill levels, a simple and more efficient centralized platform to maintain their finances.

Crypto asset management tools are emerging to support retail investors with their investigation of the market. The adoption of cryptocurrencies is increasing the demand for crypto asset management.

The cryptocurrencies attract different users and market entities, which helps to increase awareness about the demand for straightforward tools designed to manage portfolios from a single location.

Increasing Adoption of Crypto Asset Management amid the COVID-19 Pandemic outbreak

The COVID-19 pandemic has impacted financial markets all over the world. COVID-19 has had a huge effect on the nascent industry of cryptocurrencies, as well. Governments of all over the world need to take bold steps to improve it and make it easier to sell and buy bitcoin and other cryptocurrencies.

The increasing technological advancement in asset security solutions also increases the demand for cryptocurrencies and blockchain solution among the various industries. Blockchain technology will continue to increase in the finance sector, as well as other sectors, that will increase the demand for the crypto asset management market. Cryptocurrencies will become more utilized as non-correlated financing opportunities.

However, due to the COVID-19 crisis, as the financial market has taken a huge dip, the market for crypto asset management is estimated to decline by the end of 2020. As the financial and economic situation of the developed and emerging countries would become steady, the market is expected to rebound to growth by Q1-2021.

Crypto Asset Management Market: Drivers and Restraints

Digitalization among the Enterprise to Manage the Financial Operations Drives the Crypto Asset Management Market

Increasing digitization among the financial companies and trading companies to manage the cryptocurrencies and other assets is expected to drive the growth of crypto asset management platforms. The companies are using crypto asset management solutions to securing financial transactions.

The crypto asset management solution allows the companies to consolidate the account management process instead of managing the number of accounts and virtual wallets. Majorly the increasing demand for the financial platforms among financial institutes, government entities, and large enterprises is expected to boost the demand for the crypto asset management platform during the forecast period.

Increasing Penetration of the Internet and Smart Devices among the Customer

Increasing penetration of the internet and the smart device or gadgets among the customer for managing the virtual asset or cryptocurrencies is expected to drive the crypto asset management market. Increasing the popularity of cryptocurrency management apps and e-trading apps helps to boost the adoption of crypto asset management solutions.

Increasing digitalization in developing countries increases the adoption of smart devices and mobile applications for transactions, which is expected to further increases demand for crypto asset management, during the forecast period.

Crypto Asset Management Market: Competition Landscape

Some of the prominent players in crypto asset management market are Gemini,

  • itBit
  • Coinbase
  • Opus labs
  • Altpocket
  • CoinTracker
  • Koine Finance
  • Blox
  • Crypto Finance
  • Mintfort
  • Bakkt
  • Coinstats
  • BitGo
  • Amberdata
  • ICONOMI
  • Anchorage
  • Tradeium

These vendors are continuously upgrading their financial management platforms with new features, and also doing strategic partnerships with the emerging sectors, to boost their customer base and maintain strong market positions.

Crypto Asset Management Market: Regional overview

Based on the region, the crypto asset management market across North America, Latin America, East Asia, Europe, South Asia & Pacific, and Middle East & Africa. North America is holding the largest market share due to the increasing demand for cryptocurrencies among the financial sector in the region. Also increasing government support for crypto assets is expected to increase the market growth rate during the forecast period. South Asia & Pacific crypto asset management markets are expected to record the strong adoption rates during the forecast period, due to increasing popularity of financial tools among various financial companies to manage their assets.

The crypto asset management market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with crypto asset management market attractiveness as per segment. The crypto asset management market report also maps the qualitative impact of various market factors on crypto asset management market segments and geographies.

The report covers exhaustive analysis on:                                     

  • Crypto Asset Management Market Segments
  • Crypto Asset Management Market Dynamics
  • Crypto Asset Management Market Size
  • Supply & Demand Analysis
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Impact of COVID-19 on market growth
  • Value Chain Analysis
  • Crypto Asset Management Market Drivers and Restraints

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, Italy, U.K, Spain, France, BENELUX, Russia, Rest of Europe)
  • East Asia (China, Japan, & South Korea)
  • South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia)
  • Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of MEA)

Report Highlights:

  • Detailed overview of parent crypto asset management market
  • Changing crypto asset management market dynamics in the industry
  • In-depth crypto asset management market segmentation
  • Historical, current, and projected crypto asset management market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Crypto Asset Management Market: Segmentation

The crypto asset management market has been segmented on the basis of Solution, Deployment Type, Application, Industry, and Region.

Solution:

  • Crypto Asset Management Platform
  • Services
    • Professional Services
    • Managed Services

Deployment Type:

  • On-premises
  • Cloud

 Application:

  • Mobile
  • Web-based

Industry:

  • Financial Institutions
  • Healthcare
  • Retail
  • E-commerce
  • Travel and Hospitality
  • Others

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Crypto Asset Management Market