Family Offices Market Scope, Growth, Size and Share by 2031
Family Offices Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 17.42 Billion |
Market Size by 2031 | US$ 28.13 Billion |
Global CAGR (2023 - 2031) | 6.2% |
Historical Data | 2021-2023 |
Forecast period | 2023-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The "Family Offices Market Analysis" was carried out based on product type, asset class, and geography. In terms of product type, the market is segmented into single family office, multi-family office, and virtual family office. Based on asset class, the family offices market is segmented into bonds, equity, alternative investments, commodities, and cash or cash equivalents. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Family Offices Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Family Offices Market. A few recent key market developments are listed below:
- In March 2023, Cascade Partners announced the acquisition of BlueWater Partners – a Grand Rapids, MI-based investment banking and restructuring/performance improvement firm. The acquisition of BlueWater Partners will cement Cascade Partners’ strategy to establish its presence in Grand Rapids, West Michigan, and Indiana. In addition, the acquisition will provide an opportunity for Cascade Partners to accelerate their capacity to deliver creative, value-driven solutions to client partners throughout West Michigan.
[Source: Cascade Partners, company Website]
Family Offices Market Report Coverage & Deliverables
The Family Offices Market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Family Offices 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.