The global certificate of deposit market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for certificates of deposit as an investment option and the need for liquidity in banking sector. The certificate of deposit market is segmented on the basis of type, application, and region. North America dominates this market with a share of over 40%. Europe follows North America with a share close to 30%. Asia Pacific and Middle East & Africa are expected to grow at a CAGR close to 6% during the forecast period.
Some Of The Growth Factors Of This Market:
- The interest rates on CDs are higher than those of other investments, such as stocks and bonds.
- CDs are insured by the FDIC up to $250,000 per depositor per bank.
- CDs have a fixed rate of return for the term of the CD, which is typically 3 months to 5 years in length.
- CDs can be used as collateral for loans or lines of credit with banks and credit unions that offer them; this is not possible with other types of investments like stocks and bonds because they do not have a fixed value at any given time like a CD does when it matures or is called by the bank before maturity date.
- Banks offer certificates of deposit so that they can attract deposits from customers who want to earn more interest on their money than what they would get from a savings account.
Industry Growth Insights published a new data on “Certificate of Deposit Market”. The research report is titled “Certificate of Deposit Market research by Types (Short-term certificate of deposit, Mid-term certificate of deposit, Long-term certificate of deposit, Certificate of Deposi), By Applications (Personal, Enterprise, Government), By Players/Companies Industrial & Commercial Bank of China Limited, China Construction Bank Corporation, Agricultural Bank of China Limited, Bank of China Limited, China Development Bank, BNP Paribas SA, JPMorgan Chase Bank National Association, MUFG Bank Ltd., JAPAN POST BANK Co Ltd, Crédit Agricole SA, Bank of America National Association, Sumitomo Mitsui Banking Corporation, Wells Fargo Bank National Association, Banco Santander SA, Mizuho Bank Ltd, Deutsche Bank AG, Société Générale, BPCE, Citibank NA, Bank of Communications Co Ltd, Postal Savings Bank of China Co Ltd, Barclays Bank PLC, The Hongkong and Shanghai Banking Corporation Limited, The Toronto-Dominion Bank, Royal Bank of Canada, ING Bank NV, The Agricultural Development Bank of China, China Merchants Bank Co Ltd, Industrial Bank Co Ltd, UBS AG, Certificate of Deposi”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Certificate of Deposit Market Research Report
By Type
Short-term certificate of deposit, Mid-term certificate of deposit, Long-term certificate of deposit, Certificate of Deposi
By Application
Personal, Enterprise, Government
By Companies
Industrial & Commercial Bank of China Limited, China Construction Bank Corporation, Agricultural Bank of China Limited, Bank of China Limited, China Development Bank, BNP Paribas SA, JPMorgan Chase Bank National Association, MUFG Bank Ltd., JAPAN POST BANK Co Ltd, Crédit Agricole SA, Bank of America National Association, Sumitomo Mitsui Banking Corporation, Wells Fargo Bank National Association, Banco Santander SA, Mizuho Bank Ltd, Deutsche Bank AG, Société Générale, BPCE, Citibank NA, Bank of Communications Co Ltd, Postal Savings Bank of China Co Ltd, Barclays Bank PLC, The Hongkong and Shanghai Banking Corporation Limited, The Toronto-Dominion Bank, Royal Bank of Canada, ING Bank NV, The Agricultural Development Bank of China, China Merchants Bank Co Ltd, Industrial Bank Co Ltd, UBS AG, Certificate of Deposi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Certificate of Deposit Market Report Segments:
The global Certificate of Deposit market is segmented on the basis of:
Types
Short-term certificate of deposit, Mid-term certificate of deposit, Long-term certificate of deposit, Certificate of Deposi
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Enterprise, Government
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Industrial & Commercial Bank of China Limited
- China Construction Bank Corporation
- Agricultural Bank of China Limited
- Bank of China Limited
- China Development Bank
- BNP Paribas SA
- JPMorgan Chase Bank National Association
- MUFG Bank Ltd.
- JAPAN POST BANK Co Ltd
- Crédit Agricole SA
- Bank of America National Association
- Sumitomo Mitsui Banking Corporation
- Wells Fargo Bank National Association
- Banco Santander SA
- Mizuho Bank Ltd
- Deutsche Bank AG
- Société Générale
- BPCE
- Citibank NA
- Bank of Communications Co Ltd
- Postal Savings Bank of China Co Ltd
- Barclays Bank PLC
- The Hongkong and Shanghai Banking Corporation Limited
- The Toronto-Dominion Bank
- Royal Bank of Canada
- ING Bank NV
- The Agricultural Development Bank of China
- China Merchants Bank Co Ltd
- Industrial Bank Co Ltd
- UBS AG
- Certificate of Deposi
Highlights of The Certificate of Deposit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Short-term certificate of deposit
- Mid-term certificate of deposit
- Long-term certificate of deposit
- Certificate of Deposi
- By Application:
- Personal
- Enterprise
- Government
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Certificate of Deposit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A certificate of deposit is a savings account that pays interest on deposited funds. The interest earned is typically higher than what you would earn with a traditional savings account.
Some of the major companies in the certificate of deposit market are Industrial & Commercial Bank of China Limited, China Construction Bank Corporation, Agricultural Bank of China Limited, Bank of China Limited, China Development Bank, BNP Paribas SA, JPMorgan Chase Bank National Association, MUFG Bank Ltd., JAPAN POST BANK Co Ltd, CrƒÂ©dit Agricole SA, Bank of America National Association, Sumitomo Mitsui Banking Corporation, Wells Fargo Bank National Association, Banco Santander SA, Mizuho Bank Ltd, Deutsche Bank AG, SociƒÂ©tƒÂ© GƒÂ©nƒÂ©rale, BPCE, Citibank NA, Bank of Communications Co Ltd, Postal Savings Bank of China Co Ltd, Barclays Bank PLC, The Hongkong and Shanghai Banking Corporation Limited, The Toronto-Dominion Bank, Royal Bank of Canada, ING Bank NV, The Agricultural Development Bank of China, China Merchants Bank Co Ltd, Industrial Bank Co Ltd, UBS AG, Certificate of Deposi.
The certificate of deposit market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Certificate of Deposit Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Certificate of Deposit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Certificate of Deposit Market - Supply Chain
4.5. Global Certificate of Deposit Market Forecast
4.5.1. Certificate of Deposit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Certificate of Deposit Market Size (000 Units) and Y-o-Y Growth
4.5.3. Certificate of Deposit Market Absolute $ Opportunity
5. Global Certificate of Deposit Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Certificate of Deposit Market Size and Volume Forecast by Type
5.3.1. Short-term certificate of deposit
5.3.2. Mid-term certificate of deposit
5.3.3. Long-term certificate of deposit
5.3.4. Certificate of Deposi
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Certificate of Deposit Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Certificate of Deposit Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Enterprise
6.3.3. Government
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Certificate of Deposit Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Certificate of Deposit Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Certificate of Deposit Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Certificate of Deposit Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Certificate of Deposit Demand Share Forecast, 2019-2026
9. North America Certificate of Deposit Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Certificate of Deposit Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Certificate of Deposit Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Enterprise
9.4.3. Government
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Certificate of Deposit Market Size and Volume Forecast by Type
9.7.1. Short-term certificate of deposit
9.7.2. Mid-term certificate of deposit
9.7.3. Long-term certificate of deposit
9.7.4. Certificate of Deposi
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Certificate of Deposit Demand Share Forecast, 2019-2026
10. Latin America Certificate of Deposit Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Certificate of Deposit Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Certificate of Deposit Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Enterprise
10.4.3. Government
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Certificate of Deposit Market Size and Volume Forecast by Type
10.7.1. Short-term certificate of deposit
10.7.2. Mid-term certificate of deposit
10.7.3. Long-term certificate of deposit
10.7.4. Certificate of Deposi
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Certificate of Deposit Demand Share Forecast, 2019-2026
11. Europe Certificate of Deposit Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Certificate of Deposit Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Certificate of Deposit Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Enterprise
11.4.3. Government
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Certificate of Deposit Market Size and Volume Forecast by Type
11.7.1. Short-term certificate of deposit
11.7.2. Mid-term certificate of deposit
11.7.3. Long-term certificate of deposit
11.7.4. Certificate of Deposi
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Certificate of Deposit Demand Share, 2019-2026
12. Asia Pacific Certificate of Deposit Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Certificate of Deposit Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Certificate of Deposit Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Enterprise
12.4.3. Government
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Certificate of Deposit Market Size and Volume Forecast by Type
12.7.1. Short-term certificate of deposit
12.7.2. Mid-term certificate of deposit
12.7.3. Long-term certificate of deposit
12.7.4. Certificate of Deposi
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Certificate of Deposit Demand Share, 2019-2026
13. Middle East & Africa Certificate of Deposit Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Certificate of Deposit Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Certificate of Deposit Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Enterprise
13.4.3. Government
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Certificate of Deposit Market Size and Volume Forecast by Type
13.7.1. Short-term certificate of deposit
13.7.2. Mid-term certificate of deposit
13.7.3. Long-term certificate of deposit
13.7.4. Certificate of Deposi
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Certificate of Deposit Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Certificate of Deposit Market: Market Share Analysis
14.2. Certificate of Deposit Distributors and Customers
14.3. Certificate of Deposit Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Industrial & Commercial Bank of China Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. China Construction Bank Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Agricultural Bank of China Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bank of China Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. China Development Bank
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BNP Paribas SA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JPMorgan Chase Bank National Association
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MUFG Bank Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JAPAN POST BANK Co Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Crédit Agricole SA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bank of America National Association
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sumitomo Mitsui Banking Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wells Fargo Bank National Association
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Banco Santander SA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mizuho Bank Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Deutsche Bank AG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Société Générale
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BPCE
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Citibank NA
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Bank of Communications Co Ltd
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
