Product ID: SQMIG45B2077
Report ID:
SQMIG45B2077 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
89 |
Figures:
66
Asset Servicing Market size was valued at USD 78.9 billion in 2021 and is poised to grow from USD 82.36 billion in 2022 to USD 128.5 billion by 2030, growing at a CAGR of 5.8% in the forecast period (2023-2030).
Asset Servicing are becoming popular since it has many benefits such as reduce customer complaints, increase customer value, improve efficiency by understanding equipment utilization, budgeting for the future, ensuring compliance with the regulation and accreditation equipment maintenance, reduce loss theft prevention, benefits of asset tracking software easily locate assets, proactively monitor equipment conditions.
Along with all the advantages, today's era has seen a rising number of high net worth individuals, digitisation, and economic growth in the emerging market. This all the applications and reasons led to the growth of the asset servicing market. Moreover, in the future , an increasing retiree population, increasing wealth of high net worth individuals, rising demand for alternative investment, rising ETFs, rising urbanization and increasing investments are the factors that could help to propel the asset servicing market.
US Asset Servicing Market is poised to grow at a sustainable CAGR for the next forecast year.
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Product ID: SQMIG45B2077