Global Asset Management Market – Industry Trends and Forecast to 2031

Asset Management Market Analysis and Size

The asset management market encompasses the professional management of various asset classes, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), alternative investments, and real estate, on behalf of individuals, institutions, and corporations. It involves the strategic allocation and investment of assets to achieve specific financial goals and objectives, such as capital preservation, income generation, or long-term growth. The market is characterized by the presence of large asset management firms, investment banks, and specialized boutique investment companies that offer a wide range of investment products and services to clients worldwide.

Data Bridge Market Research analyzes that the global asset management market which was USD 5.17 billion in 2023, is likely to reach up to USD 993.43 billion by 2031, and is expected to undergo a CAGR of 13% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

The asset management includes the professional management of various financial assets, including stocks, bonds, real estate, commodities, and alternative investments, on behalf of entities, institutions, and corporations.

Global Asset Management Market Dynamics

Drivers

• Growing  Democratization of Investing

The market is experiencing a surge due to the growing democratization of investing. More individuals are entering the investment landscape, empowered by user-friendly platforms and accessible financial information. This influx of retail investors, alongside traditional institutional clients, is driving the demand for asset management services. Firms are adapting to cater to a diverse range of investors, offering tailored solutions and leveraging technology to make investing simpler and more inclusive. This trend highlights a fundamental shift in the investment landscape, with asset managers playing a crucial role in navigating this democratized era of finance.

• Increased Volatility and Uncertainty

The market is being significantly influenced by increased volatility and uncertainty in financial markets. As economic conditions become more unpredictable, investors seek professional guidance to navigate risks and optimize returns. Asset management firms play a crucial role in providing expertise to both institutional and retail investors, offering strategies that adapt to changing market dynamics. The demand for stability and informed decision-making in times of heightened uncertainty is propelling the growth of the asset management sector, as investors increasingly turn to these services to secure and grow their wealth amid turbulent market conditions.

• Growing Demand for Sustainable and Ethical Investments

The market is experiencing a significant boost due to the growing demand for sustainable and ethical investment options. Investors are increasingly prioritizing environmental, social, and governance (ESG) factors when making financial decisions, seeking avenues that align with their values. Asset management firms are responding by integrating ESG principles into their investment strategies, offering a diverse range of sustainable options. This shift in investor preferences towards ethical and responsible investing is driving the expansion of the asset management industry, as more individuals and institutions seek to make positive impacts with their financial choices.

Opportunities

• Expanding Global Wealth

The market is presented with a significant opportunity as global wealth continues to expand. With increasing prosperity worldwide, more individuals and institutions are seeking professional assistance to manage and grow their wealth effectively. This surge in demand for financial services provides a favorable environment for asset management firms to offer diverse investment options, financial planning, and advisory services. As people accumulate wealth, the need for expert guidance in maximizing returns and achieving financial goals becomes paramount, positioning the asset management market for continued growth.

Restraints

• Strict regulatory requirements

The market faces a challenge due to strict regulatory requirements. Governments and financial regulatory bodies have implemented stringent rules and regulations to ensure transparency, protect investors, and maintain the integrity of financial markets. While these regulations are designed to safeguard interests, they also impose compliance burdens on asset management firms, demanding increased transparency, reporting, and adherence to complex guidelines. Navigating through this regulatory landscape can be resource-intensive for asset managers, impacting operational flexibility and potentially limiting their ability to swiftly adapt to market changes.

Challenges

• Cultural and Geographic Changes

The market encounters challenges stemming from cultural and geographical variations. Diverse cultures and locations bring about differences in investment preferences, risk tolerance, and regulatory environments. Asset managers must navigate these variations to tailor their strategies and products to meet the unique needs and expectations of investors in different regions. Adapting to diverse cultural norms and understanding the intricacies of various markets requires a nuanced approach, making it essential for asset management firms to employ localized expertise and stay attuned to the evolving dynamics of each region they operate in.

This asset management market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the asset management market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Developments

• In November 2023, Amundi introduced the "Global Emerging Markets Sustainable Equity Fund," offering exposure to companies in developing economies demonstrating strong ESG practices
• In October 2023, BlackRock launched the "Future of Work ETF" (WKFL) targeting companies shaping the evolving work landscape, including remote work technology, automation, and cybersecurity

Global Asset Management Market Scope

The asset management market is segmented on the basis of component, asset type, application, and function. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

• Solution
  • Real-Time Location System (RTLS)
  • Barcode
  • Mobile Computer
  • Labels
  • Global Positioning System (GPS)
  • Others
• Service
  • Strategic Asset Management
  • Operational Asset Management
  • Tactical Asset Management

Asset Type

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

Function

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

Application

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

Global Asset Management Market Region Analysis/Insights

The asset management market is analyzed and market size insights and trends are provided by region, component, asset type, application, and function, as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of the Middle East and Africa.

North America is expected to dominate the market due to a large and developed financial market, a favorable regulatory environment, a strong track record of innovation, and the presence of a large number of sophisticated investors.

Asia-Pacific is expected to be the fastest growing region due to a combination of factors, including rapidly expanding economies, rising disposable incomes, increasing financial literacy, and growing demand for sophisticated financial products and services. The region's large and growing middle class, coupled with favorable demographic trends and government initiatives to promote financial inclusion, has further contributed to the region's rapid growth in asset management.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Semiconductor Infrastructure growth Installed base and New Technology Penetration

The asset management market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the asset management market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the asset management market. The data is available for the historic period 2011-2021.

Competitive Landscape and Global Asset Management Market Share Analysis

The asset management market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the asset management market.

Some of the major players operating in the asset management market are:

• ABB Inc. (Switzerland)
• Adobe Systems Inc. (U.S.)
• Brookfield Asset Management Inc. (Canada)
• Honeywell International Inc. (U.S.)
• IBM Corp. (U.S.)
• Oracle (U.S.)
• Rockwell Automation, Inc. (U.S.)
• Siemens AG (Germany)
• WSP Global Inc. (Canada)
• Zebra Technologies Corp. (U.S.)

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