Asset and Wealth Management Market: Current Analysis and Forecast (2022-2028)

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Emphasis on Type (Software and Services); Providers (Banks, Broker-Dealers, Wealth Advisors, and Others); and Region/Country

Pages:

150

Table:

48

Figure:

96

Report ID:

UMTI211567

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

Asset and Wealth Management Market 2
Asset and Wealth Management Market 2

Global Asset and Wealth Management Market is expected to grow at a significant rate of around 12% during the forecast period. Assets management refers to the management of assets such as stocks, bonds, real estate, global investments, etc. Wealth management refers to finance, wealth management, taxes, real estate planning, cash flow management and any other imaginable use of money. An asset and wealth manager help an individual or an organization to multiply their resources by investing in different investing opportunities.

Growing adoption of asset and wealth management is mainly attributed to the growing awareness of the alternative investment sources and platform. Furthermore, wealth managers are increasingly investing in new technologies such as robo-advisor, artificial intelligence etc. are expected to drive the market during the market analysis time period. Moreover, growing demand for alternative investments such as private equity, stocks and crypto are expected to significantly influence the market during the forecast period. For instance, according to The Hindu, there are more than 20 million stock market investors in India as of 2022.   

Bank of America Corporation; BNP Paribas; Charles Schwab & Co Inc; Citigroup Inc; CREDIT SUISSE GROUP AG; Goldman Sach; Jp Morgan Chase & Co; Morgan Stanley; JULIUS BAER; UBS. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst type, services category to hold significant share during the forecast period”

Based on the type, the market is segmented into software and services. The services segment is expected to achieve a significant market share during the forecast period. This is mainly attributed to the growing demand for asset and wealth management services around the world. Furthermore, the growing expertise of wealth managers across global investment opportunities is expected to significantly influence market growth.

“Amongst providers, the wealth advisors to hold a significant share in the market in 2020”

On the basis of providers, the market is segmented into banks, broker-dealers, wealth advisors, and others. During the forecast period, the wealth advisors segment is expected to achieve significant share during the forecast period, as, human advisory brings in a lot of emotional value. Furthermore, factors such as greater accountability, and flexibilities are the key benefits due to which the human advisory segment is growing.

 “North America to hold a significant share in the market”

North America region is expected to lead the wealth management market during the forecast period. The adoption in the region is mainly attributed to the growing number of wealthy individuals in the region. For instance, according to Investopedia in 2022, 7 out of 10 wealthy individuals are from the United States of America. Furthermore, the presence of key players in the region are also expected to drive the market. Moreover, the investment industry has shown a noticeable shift toward high-tech investing and wealth management solutions, especially in small businesses in the region which is expected significantly influence the market growth during the forecast period.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
  • The report presents a quick review of overall industry performance at one glance.
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
  • The study comprehensively covers the market across different segments.
  • Deep dive regional level analysis of the industry.

Customization Options:

The global asset and wealth management market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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1.1.Market Definitions
1.2.Main Objective
1.3.Stakeholders
1.4.Limitation

 

2.1.Research Process of the Asset and Wealth Management Market
2.2.Research Methodology of the Asset and Wealth Management Market
2.3.Respondent Profile

 

3MARKET SYNOPSIS

 

4EXECUTIVE SUMMARY

 

5IMPACT OF COVID-19 ON THE ASSET AND WEALTH MANAGEMENT MARKET

 

6ASSET AND WEALTH MANAGEMENT MARKET REVENUE, 2020-2028F

 

7.1.Software 
7.2.Services 

 

8.1.Banks 
8.2.Broker-dealers
8.3.Wealth advisors
8.4.Others  

 

9.1.North America   
 9.1.1.U.S. 
 9.1.2.Canada 
 9.1.3.Rest of North America
9.2.Europe   
 9.2.1.Germany 
 9.2.2.U.K. 
 9.2.3.France 
 9.2.4.Italy 
 9.2.5.Spain 
 9.2.6.Rest of Europe
9.3.Asia-Pacific  
 9.3.1.China 
 9.3.2.Japan 
 9.3.3.India 
 9.3.4.Rest of Asia-Pacific
9.4.Rest of World  

 

10.1.Market Drivers
10.2.Market Challenges
10.3.Impact Analysis

 

11ASSET AND WEALTH MANAGEMENT MARKET OPPORTUNITIES

 

12ASSET AND WEALTH MANAGEMENT MARKET TRENDS

 

13.1.Demand Side Analysis
 13.2.Supply Side Analysis

 

14VALUE CHAIN ANALYSIS

 

15.1.Competitive Landscape
 15.1.1.Porters Five Forces Analysis

 

16.1.Bank of America Corporation
16.2.BNP Paribas
16.3.Charles Schwab & Co Inc
16.4.Citigroup, Inc
16.5.CREDIT SUISSE GROUP AG
16.6.Goldman Sach
16.7.Jp Morgan Chase & Co
16.8.Morgan Stanley
16.9.JULIUS BAER
16.10.UBS. 

 

17DISCLAIMER

 

Research Methodology

Research Methodology for the Asset and Wealth Management Market Analysis (2022-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global asset and wealth management market were the three major steps undertaken to create and analyze the adoption of asset and wealth management in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global asset and wealth management market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the asset and wealth management market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the asset and wealth management market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report are, type and providers. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the asset and wealth management market. Further, we conducted factor analysis using dependent and independent variables such as various, types and providers of asset and wealth managements. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the asset and wealth management market sector across the globe. 

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global asset and wealth management market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of revenue (USD) and the adoption rate of the asset and wealth management market across the major markets domestically.
  • All percentage shares, splits, and breakdowns of market segments and sub-segments.
  • Key players in the global asset and wealth management market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Asset and Wealth Management Market 1
Asset and Wealth Management Market 1

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global asset and wealth management market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, drive type, and application in the global asset and wealth management market.

The main objective of the Global Asset and Wealth Management Market Study

The current & future market trends of the global asset and wealth management market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the asset and wealth management market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of type, and providers.
  • Define and analysis of the regulatory framework for the asset and wealth management
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
  • Analyze the current and forecast market size of the asset and wealth management market for the major region.
  • Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
  • Company profiles of the asset and wealth management market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry

You can also purchase parts of this report. Do you want to check out a section wise price list?