Crypto Asset Management Market size was valued at USD 1.31 billion in 2024 and is set to exceed USD 21.24 billion by 2037, expanding at over 23.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of crypto asset management is evaluated at USD 1.58 billion.
The increasing investments in crypto asset management technology, along with the rapid growth of blockchain technology, are expected to fuel the progress of this market. Along with this, rise in investments in cryptocurrencies worldwide as a result of their high profitability potential is also expected to support the growth of the market in the near future. The growth of the market can also be attributed to factors such as the rise in venture capital investments globally and growing need to safeguard crypto assets. Furthermore, the influx of multiple cryptocurrencies in the market is projected to lead to the growing demand to secure crypto asset and network.
According to a report published by the World Economic Forum in 2021, cryptocurrency is being increasingly used in developing countries. Nigeria tops the list of cryptocurrency user countries globally with 33% population either using or owning cryptocurrency. The dependence on remittances and use for peer-to-peer phone payments have led to a rapid rise in the use of cryptocurrency in Nigeria.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
23.9% |
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Base Year Market Size (2024) |
USD 1.31 billion |
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Forecast Year Market Size (2037) |
USD 21.24 billion |
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Regional Scope |
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The crypto asset management market is segmented by application type into web-based and mobile, out of which, the mobile segment is anticipated to grab the largest share by the end of 2030 on account of the creation of various mobile-based applications worldwide for trading in cryptocurrency. Moreover, these applications provide ease of operation for asset traders and miners, which is also projected to contribute to the growth of the segment during the forecast period.
On the basis of end-user, the individual user segment in the market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the increase in the number of individual users of cryptocurrency, which in turn is assessed to bring a surge in the usage of crypto asset management platforms in the future.
Our in-depth analysis of the global market includes the following segments:
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Application Type |
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End-User |
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Geographically, the crypto asset management market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa. Asia Pacific industry is anticipated to hold largest revenue share by 2037, owing to increased inflow of remittances in emerging economies and the geographic expansion in the region by major market players. Furthermore, the market in North America is evaluated to occupy the largest share in terms of revenue during the forecast period, ascribing to the strong economic development, accompanied by the presence of leading market players dealing in crypto asset management solutions in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share on account of the rising awareness about crypto asset management and high focus on digitization by the governments in the region. As per the latest development report on European Union Blockchain Ecosystem, in 2018, 21 European Union member countries, along with Norway, signed a declaration for creating a European Blockchain Partnership with the aim to provide digital public services to the required level of digital security and maturity of the present society.
Author Credits: Abhishek Verma
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