Global Asset Management Market 2024-2028
The asset management market is forecasted to grow by USD 67172.2 billion during 2023-2028, accelerating at a CAGR of 29.3% during the forecast period. The report on the asset management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of high-net-worth individuals (HNWIs) globally, introduction of diversified wealth management services by vendors, and rising demand for alternative investments in asset management.
Technavio's asset management market is segmented as below:
- By Component
- Solution
- Service
- By Source
- Pension funds and insurance companies
- Individual investors
- Corporate investors
- Others
- By Class Type
- Equity
- Fixed income
- Alternative investment
- Hybrid
- Cash management
- By Geographical Landscape
- North America
This study identifies the growth of mutual fund assets in developing nations as one of the prime reasons driving the asset management market growth during the next few years. Also, high demand for product transparency during investment and increasing trend of sustainable investing in asset management will lead to sizable demand in the market.
The report on the asset management market covers the following areas:
- Asset management market sizing
- Asset management market forecast
- Asset management market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading asset management market vendors that include ABB Ltd., Allianz SE, Aviva insurance Ltd., BlackRock Inc., Brookfield Business Partners LP, Canadian Imperial Bank Of Commerce, CI Global Asset Management, Credit Agricole SA, FMR LLC, JPMorgan Chase and Co., Manulife Financial Corp., Power Corp. of Canada, Royal Bank of Canada, Sun Life Financial Inc., The Bank of New York Mellon Corp., The Bank of Nova Scotia, The Capital Group Companies Inc., The Charles Schwab Corp., The Toronto Dominion Bank, and The Vanguard Group Inc.. Also, the asset management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.