Asset Management Market Growth and Forecast to 2031

The asset management market is anticipated to expand at a CAGR of 7.6% from 2023 to 2031. The rapid demand for alternative investments is one of the major factors fueling the growth of the asset management market.

Asset Management Market Analysis

Technology developments, shifting customer demands, and regulatory changes are the main drivers of the asset management market. Asset management companies are using cutting-edge technologies and digital solutions to improve customer experiences, expedite processes, and provide individualized services. Because they provide low-cost investing solutions and automated portfolio management, robo-advisors powered by artificial intelligence and machine learning have grown in popularity. Furthermore, investors are attempting to match their portfolios with environmental, social, and governance (ESG) criteria, and sustainable and impact investing has become a major asset management market trend. In addition, the increasing number of millennial and female investors has forced asset managers to modify their approaches in order to accommodate these groups' distinct beliefs and tastes.

Asset Management Market Overview

• Asset management is the technique of gradually raising overall wealth through the acquisition, maintenance, and selling of investments with the potential to increase in value.
• Maintaining a reasonable degree of risk while optimizing an investment portfolio's value over time is the aim of asset management.
• Asset management as a service is typically offered to corporations, institutional investors, governments, and private citizens by specialized firms.

Strategic Insights

Asset Management Market Driver

Emergence of FinTechs To Drive the Asset Management Market Growth

• The asset management sector has been significantly affected by fintechs. FinTechs encompass a broad spectrum of innovative technologies aimed at enhancing and streamlining the provision of financial services. To enhance the client experience, fintech firms are investing more in emerging technologies like digital identity (ID), robotic process automation (RPA), artificial intelligence (AI), and robo-advisors.
• Furthermore, fintech firms are using robo-advisor technology more and more since it uses automated and algorithm-based systems to give clients personalized portfolio management recommendations.
• Hence, the growth in fintech firms is fueling the asset management market growth.

Asset Management Market Report Segmentation Analysis

• Based on asset class, the asset management market is segmented into equity, fixed income, cash management, alternative investment, and others. The equity segment is expected to hold a substantial asset management market share in 2023.
• Equities are ownership shares that publicly traded companies issue. They are exchanged on stock exchanges like the NASDAQ and NYSE.
• An increase in the share price or dividend payments could be profitable for the equity owner. Market capitalization frequently separates the asset class of stocks into small-cap, mid-cap, and large-cap stocks.

Asset Management Market Share Analysis By Geography

The scope of the Asset Management Market is primarily divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is experiencing rapid growth and is anticipated to hold a significant Asset Management Market share. For North American organizations, including insurance firms, foundations, endowments, pension funds, and government agencies, asset management services are essential. In order to satisfy the unique investment goals of their clients, institutional asset managers oversee enormous investment portfolios that include a variety of asset types, including stocks, bonds, real estate, and alternative assets. The goal of these services is to gradually increase wealth and provide retirement security. As a result, the North American asset management business is expanding due to investment management, wealth management, and retirement, further fueling the growth of the asset management market.

Asset Management Market Report Scope

The "Asset Management Market Analysis" was carried out based on client type, asset class, and geography. On the basis of client type, the market is segmented into retail, pension funds, insurance companies, banks, and others. Based on asset class, the asset management market is segmented into equity, fixed income, cash management, alternative investment, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Asset Management Market News and Recent Developments

Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Asset Management Market. A few recent key market developments are listed below:

• In September 2022, The World Bank, Milken Institute, and Bayes Business School launched the Public Financial Asset Management Program (PFAM). It is a first-of-its-kind program for mid-career public asset managers across developing and emerging markets to bridge the gap between theory and practice.

[Source: The World Bank, Company Website]

• In March 2021, J.P. Morgan Asset Management announced the launch of Project Spark, a new initiative aimed at providing capital to funds managed by diverse, emerging alternative managers, including minority-led and women-led venture capital funds and other private funds.

[Source: J.P. Morgan Asset Management, Company Website]

Asset Management Market Report Coverage & Deliverables

The Asset Management Market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Asset Management Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

• Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
• Market dynamics such as drivers, restraints, and key opportunities.
• Key future trends.
• Detailed PEST & SWOT analysis
• Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
• Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
• Detailed company profiles.

REGIONAL FRAMEWORK MARKET PLAYERS

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