Valuables Custody Service Market Report 2025

This valuables custody service market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The valuables custody service market size has grown strongly in recent years. It will grow from $24.39 billion in 2024 to $26.4 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increase in concerns over theft and loss, rise in demand for secure storage solutions, growth in high-net-worth individuals, heightened regulatory requirements, and rise in urbanization leading to more valuable assets in concentrated areas.

The valuables custody service market size is expected to see strong growth in the next few years. It will grow to $35.79 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to growing investment in rare and collectible assets, increasing awareness of asset protection among high-net-worth individuals, rising luxury and high-value consumer goods, emerging threats and security risks, and regulatory developments promoting stringent asset protection standards. Major trends in the forecast period include advancements in biometric security systems, adoption of AI for inventory management, adoption of digital vault services, integration of blockchain technology for asset tracking, advancements in smart vaults with real-time monitoring, enhanced customer personalization through data analytics, and adoption of eco-friendly storage solutions.

The valuables custody service market is expected to grow due to the increasing rates of theft and crime. Theft and crime involve illegal activities that unlawfully take property or violate legal statutes, causing harm or damage to individuals or society. The rise in theft and crime is attributed to factors such as growing poverty, unemployment, and social inequality. Valuables custody services address these issues by offering advanced security measures, centralized storage, and professional risk management, making it more difficult for criminals to access and steal high-value assets. For example, the Council on Criminal Justice (CCJ) reported in January 2024 that, in a sample of 34 American cities, the average rate of motor vehicle theft in 2023 was 105% higher than in 2019, with a 29% increase in thefts from 2022 to 2023. This increase in theft and crime is driving the growth of the valuables custody service market.

Companies in the valuables custody service market are focusing on developing digital asset custody insurance to improve the security and protection of digital assets. Digital asset custody insurance refers to policies and coverage specifically designed for safeguarding digital assets. For instance, in October 2022, Lockton, a US-based insurance brokerage and risk management firm, introduced a leading custody insurance facility. Lockton’s LEAP team provides specialized coverage supported by Lloyd’s syndicates and top-rated insurers, offering over $850 million in coverage. This facility covers securely stored private keys, including those in multi-party computation (MPC) solutions, and enhances risk management for digital asset custodians and technology providers.

In February 2023, Galaxy Digital Holdings Ltd., a US-based firm specializing in cryptocurrency and digital assets, acquired GK8 for $44 million. This acquisition aims to strengthen Galaxy's capabilities in digital asset custody, enhancing its ability to securely manage and store high-value assets. GK8, an Israel-based digital asset custody firm, provides secure custody services, including offline storage and advanced security features, for institutional clients.

Major companies operating in the valuables custody service market are JPMorgan Chase & Co., Citigroup Inc., HSBC Holdings plc, Swiss National Bank, Deutsche Bank AG, Standard Chartered PLC, Commonwealth Bank of Australia, G4S plc, The Bank of New York Mellon Corporation, DBS Bank Limited, Lloyds Bank plc, Axis Bank Limited, Northern Trust Corporation, The IDBI Bank Limited, Metro Bank PLC, Centenary Rural Development Bank Limited, Gemini Trust Company LLC, Nexo, Fireblocks LLC, Bank of Saint Lucia Ltd., Kefron, Xapo Bank, GK8, Fidelity Digital Assets, The Safe Deposit Company.

North America was the largest region in the valuables custody service market in 2023. The regions covered in the valuables custody service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the valuables custody service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Valuables custody service involves the secure storage and management of valuable items such as jewelry, important documents, and cash, for both individuals and companies. This service ensures safekeeping in secure facilities, meticulous tracking of inventory, and protection against theft or damage.

The main categories within the valuables custody service market include property contracts, wills, document storage, and other services. A property contract is a legally binding agreement that governs the ownership, use, sale, lease, or transfer of property. The range of services offered includes core custody services, ancillary services, core depository services, and various administrative functions. Applications of these services cover enterprise needs, personal requirements, and other specialized uses.

The valuables custody service market research report is one of a series of new reports that provides valuables custody service market statistics, including the valuables custody service industry global market size, regional shares, competitors with valuables custody service market share, detailed valuables custody service market segments, market trends, and opportunities, and any further data you may need to thrive in the valuables custody service industry. These valuables custody service market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The valuables custody service market includes revenues earned by entities by providing services such as secure storage, real-time monitoring, insurance and risk management, and personalized client services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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