Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.30 Trillion | USD 3.48 Trillion | 11% | 2022 |
FrequentlyAsked Questions
Wealth management is an investment advisory solution integrating financial counseling and investment to address the requirements of wealthy customers.
The wealth management market growth can be owing to the ability of wealth management activities in providing a spectrum of benefits such as digitized offerings, reduced financial stress, and the development of financial plans.
According to a study, the global wealth management industry size was $1.30 trillion in 2022 and is projected to reach $3.48 trillion by the end of 2030.
The global wealth management market is anticipated to record a CAGR of nearly 11% from 2023 to 2030.
The European wealth management industry is set to register the fastest CAGR over the forecasting timeline owing to the presence of key players in countries such as the UK, Finland, Switzerland, Denmark, Sweden, Estonia, Germany, and France. Moreover, a massive rise in big data usage and an increase in AI applications are predicted to boost industry growth in the continent in the upcoming years.
The global wealth management market is led by players such as Fidelity Wealth Management, Barclays Wealth Management, Bank of America Corporation, Julius Baer Wealth Management, Citigroup Wealth Management, Charles Schwab & Co., Inc., Vanguard Wealth Management, BlackRock Wealth Management, Credit Suisse Wealth Management, Deutsche Bank Wealth Management, HSBC Wealth Management, Merrill Lynch Wealth Management, Zurich Wealth Management, Northern Trust Wealth Management, JP Morgan Wealth Management, Pictet Wealth Management, Goldman Sachs Wealth Management, Morgan Stanley Wealth Management, UBS Wealth Management, and Wells Fargo Wealth Management.
The global wealth management market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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