Currency Management Market Size- By Exchange Type, By Hedge type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Currency Management Market Overview
According to SPER Market Research, the Global Currency Management Market is estimated to reach USD 1998.24 billion by 2032 with a CAGR of 17.74%. By using currency management, businesses can seize the chances for growth presented by transactions involving several different currencies. Therefore, the majority of corporations see the strategic importance in currency management. Additionally, currency management strategy offers solutions for currency hedging and foreign exchange execution to assist lower costs, boost efficiency, and reduce risk.
Impact of COVID-19 on the Global Currency Management Market Due to a historic low in global trade, the COVID-19 pandemic had a detrimental effect on the market. Additionally, during the lockdown, the economy caused foreign currencies to fluctuate, which reduced demand for currency management services. The currency management industry was thus negatively impacted by the COVID-19.
Scope of the Report: Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Exchange Type, By Hedge type, By Application
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Acumatica, Adrian Lee & Partners, Aston, Castle Currency, CIBC, ECOUNT, Kantox, Mesirow, Metzler, Northern Trust Corporation, Record, Rhicon, Russell Investments Group, United Advisers
Global Currency Management Market Segmentation:
By Exchange type: Based on the Exchange Type, Global Currency Management Market is segmented as; Floating Currency Exchange, Fixed Currency Exchange
By Hedge type: Based on the Hedge type, Global Currency Management Market is segmented as; Portfolio Hedging, Share class Hedging, Benchmark Hedging
By Application: Based on the Application, Global Currency Management Market is segmented as; Commercial and Investment Banks, Central Banks, Multinational Corporations, Others