Australia Asset Management Market Report and Forecast 2025-2034

Australia Asset Management Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Australia asset management market size reached a value of nearly USD 3.27 billion in 2024. Aided by the increasing institutional investments and the rising demand for financial advisory services, the market is projected to grow at a CAGR of 6.9% between 2025 and 2034 to reach a value of around USD 6.4 billion by 2034.

Asset management involves the strategic allocation of financial resources across various investment classes, including equities, fixed income, real estate, and alternative assets, to maximise returns while mitigating risks. It plays a crucial role in wealth management, institutional investment, and financial planning for individuals, corporations, and governments. The growing focus on wealth creation and the need for professional fund management services are key drivers contributing to the Australia asset management market expansion.

The rising awareness among individuals and businesses regarding financial security and investment planning is significantly driving the growth of the market in Australia. With increasing disposable incomes and the expansion of middle-class wealth, there is a notable shift towards managed investment schemes, superannuation funds, and mutual funds. Additionally, the growth of self-managed super funds (SMSFs) highlights the trend of personalised financial management among Australian investors. This is creating a favourable Australia asset management market outlook.

Another key trend shaping the market is the growing integration of technology in asset management. The adoption of artificial intelligence (AI), data analytics, and robo-advisory platforms has transformed traditional asset management practices. These technological advancements enable better risk assessment, personalised investment strategies, and enhanced portfolio management, thereby improving overall efficiency and customer experience. This is accelerating the Australia asset management market development.

Furthermore, the rise of environmental, social, and governance (ESG) investing is influencing asset management strategies in Australia. Investors are increasingly focusing on sustainable and ethical investments, driving demand for ESG-compliant funds and portfolios. Asset managers are aligning their offerings with responsible investment principles, supporting the shift towards long-term, sustainable financial growth. This is surging the Australia asset management market value.

One of the primary drivers of the market growth is the growing superannuation sector. Australia’s mandatory superannuation system has created a robust pool of retirement savings, contributing to a significant portion of the country’s financial assets. Asset managers play a crucial role in managing these funds, ensuring optimal returns for retirees.

As per the Australia asset management market analysis, the increasing institutional investments in Australia are also fuelling the demand for asset management services. Institutional investors, including pension funds, insurance companies, and sovereign wealth funds, are expanding their portfolios, leading to a higher demand for professional financial management expertise.

Moreover, the rising demand for alternative investments such as private equity, infrastructure, and real estate is providing growth opportunities for asset managers. As investors seek diversification and higher returns, asset management firms are expanding their service offerings to include alternative asset classes. This is leading to the Australia asset management market growth.

The regulatory landscape in Australia’s financial sector is evolving, influencing asset management practices. The Australian Securities and Investments Commission (ASIC) has been implementing reforms to enhance transparency, compliance, and investor protection, shaping the operational strategies of asset managers.

Additionally, there has been an increasing focus on digital transformation within the industry. Asset management firms are investing in advanced technologies, including blockchain, machine learning, and big data analytics, to streamline operations and improve investment decision-making processes. This is favourably shaping the Australia asset management market dynamics.

Furthermore, strategic partnerships and mergers among asset management firms are becoming more prevalent. Companies are collaborating to expand their market presence, leverage technological advancements, and enhance product offerings, thereby strengthening the overall competitive landscape.

The Australia asset management market revenue is poised for a steady surge, driven by rising investment trends, technological advancements, and the increasing need for professional financial management. The focus on sustainable investing, digital transformation, and alternative asset classes is expected to shape the future of the market.

Market Segmentation

The market can be divided based on asset type, function, component, application, and region.

Market Breakup by Asset Type

• Returnable Transport Assets
• Personnel/ Staff
• Digital Assets
• Manufacturing Assets
• In-transit Assets

Market Breakup by Function

• Repair and Maintenance
• Location and Movement Tracking
• Check In/Check Out
• Others

Market Breakup by Component

• Service

o Tactical Asset Management

o Strategic Asset Management

o Operational Asset Management

• Solution

o Global Positioning System (GPS)

o Real-Time Location System (RTLS)

o Mobile Computer

o Barcode

o Labels

o Others

Market Breakup by Application

• Enterprise Asset Management
• Aviation Asset Management
• Infrastructure Asset Management

o Water and Waste Infrastructure

o Transportation

o Critical Infrastructure

o Energy Infrastructure

o Others

• Healthcare Asset Management
• Others

Market Breakup by Region

• New South Wales
• Victoria
• Queensland
• Australian Capital Territory
• Western Australia
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia asset management market. Some of the major players explored in the report by Expert Market Research are as follows:

• IBM Corporation
• Brookfield Asset Management Ltd.
• SAP SE
• WSP Global Inc.
• Macquarie Group Limited
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.