Global Wealth Management Market 2023-2027

Description

List of Tables

The wealth management market is forecasted to grow by USD 325.56 bn during 2022-2027, accelerating at a CAGR of 7.02% during the forecast period. The report on the wealth management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising number of HNIs globally, the introduction of diversified wealth management services by vendors, and the rising demand for alternative investment support of the government.

Technavio's wealth management market is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	6.52%
CAGR	7.02%
Incremental Value	$325.56bn

By Business Segment

Human advisory
Hybrid advisory
Robo advisory

By End-user

Banks
Trading and exchange firms
Investment management firms
Brokerage firms
Others

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the technological advances in the market in focus as one of the prime reasons driving the wealth management market growth during the next few years. Also, growing focus on sustainable investing and change in demographic shift creating wealth management opportunities will lead to sizable demand in the market.

The report on the wealth management market covers the following areas:

Wealth management market sizing
Wealth management market forecast
Wealth management market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wealth management market vendors that include Allianz SE, Bank of America Corp., BlackRock Inc., BNP Paribas SA, Citigroup Inc., FMR LLC, Fiserv Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Julius Baer Group Ltd., Morgan Stanley, One Wam Ltd., Pictet Group Entities, PricewaterhouseCoopers LLP, State Street Corp., The Charles Schwab Corp., The Goldman Sachs Group Inc., The Vanguard Group Inc., UBS Group AG, and Wells Fargo and Co.. Also, the wealth management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70101

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Business Segment
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global wealth management market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global wealth management market 2017 - 2021 ($ billion)
4.2 Business Segment Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Business Segment Segment 2017 - 2021 ($ billion)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Business Segment

6.1 Market segments
Exhibit 30: Chart on Market Segmentation by Business Segment - Market share 2022-2027 (%)
Exhibit 31: Data Table on Market Segmentation by Business Segment - Market share 2022-2027 (%)
6.2 Comparison by Market Segmentation by Business Segment
Exhibit 32: Chart on Comparison by Market Segmentation by Business Segment
Exhibit 33: Data Table on Comparison by Market Segmentation by Business Segment
6.3 Human advisory - Market size and forecast 2022-2027
Exhibit 34: Chart on Human advisory - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Human advisory - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Human advisory - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Human advisory - Year-over-year growth 2022-2027 (%)
6.4 Hybrid advisory - Market size and forecast 2022-2027
Exhibit 38: Chart on Hybrid advisory - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Hybrid advisory - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Hybrid advisory - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Hybrid advisory - Year-over-year growth 2022-2027 (%)
6.5 Robo advisory - Market size and forecast 2022-2027
Exhibit 42: Chart on Robo advisory - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Robo advisory - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Robo advisory - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Robo advisory - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Market Segmentation by Business Segment
Exhibit 46: Market opportunity by Market Segmentation by Business Segment ($ billion)
Exhibit 47: Data Table on Market opportunity by Market Segmentation by Business Segment ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 Banks - Market size and forecast 2022-2027
Exhibit 52: Chart on Banks - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Banks - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Banks - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Banks - Year-over-year growth 2022-2027 (%)
7.4 Trading and exchange firms - Market size and forecast 2022-2027
Exhibit 56: Chart on Trading and exchange firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Trading and exchange firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Trading and exchange firms - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Trading and exchange firms - Year-over-year growth 2022-2027 (%)
7.5 Investment management firms - Market size and forecast 2022-2027
Exhibit 60: Chart on Investment management firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Investment management firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Investment management firms - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Investment management firms - Year-over-year growth 2022-2027 (%)
7.6 Brokerage firms - Market size and forecast 2022-2027
Exhibit 64: Chart on Brokerage firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Data Table on Brokerage firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Chart on Brokerage firms - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Brokerage firms - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 72: Market opportunity by End-user ($ billion)
Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 France - Market size and forecast 2022-2027
Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ billion)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 Allianz SE
Exhibit 127: Allianz SE - Overview
Exhibit 128: Allianz SE - Business segments
Exhibit 129: Allianz SE - Key news
Exhibit 130: Allianz SE - Key offerings
Exhibit 131: Allianz SE - Segment focus
12.4 Bank of America Corp.
Exhibit 132: Bank of America Corp. - Overview
Exhibit 133: Bank of America Corp. - Business segments
Exhibit 134: Bank of America Corp. - Key news
Exhibit 135: Bank of America Corp. - Key offerings
Exhibit 136: Bank of America Corp. - Segment focus
12.5 BlackRock Inc.
Exhibit 137: BlackRock Inc. - Overview
Exhibit 138: BlackRock Inc. - Product / Service
Exhibit 139: BlackRock Inc. - Key offerings
12.6 BNP Paribas SA
Exhibit 140: BNP Paribas SA - Overview
Exhibit 141: BNP Paribas SA - Business segments
Exhibit 142: BNP Paribas SA - Key offerings
Exhibit 143: BNP Paribas SA - Segment focus
12.7 Citigroup Inc.
Exhibit 144: Citigroup Inc. - Overview
Exhibit 145: Citigroup Inc. - Business segments
Exhibit 146: Citigroup Inc. - Key offerings
Exhibit 147: Citigroup Inc. - Segment focus
12.8 FMR LLC
Exhibit 148: FMR LLC - Overview
Exhibit 149: FMR LLC - Product / Service
Exhibit 150: FMR LLC - Key offerings
12.9 JPMorgan Chase and Co.
Exhibit 151: JPMorgan Chase and Co. - Overview
Exhibit 152: JPMorgan Chase and Co. - Business segments
Exhibit 153: JPMorgan Chase and Co. - Key offerings
Exhibit 154: JPMorgan Chase and Co. - Segment focus
12.10 Julius Baer Group Ltd.
Exhibit 155: Julius Baer Group Ltd. - Overview
Exhibit 156: Julius Baer Group Ltd. - Product / Service
Exhibit 157: Julius Baer Group Ltd. - Key offerings
12.11 Morgan Stanley
Exhibit 158: Morgan Stanley - Overview
Exhibit 159: Morgan Stanley - Business segments
Exhibit 160: Morgan Stanley - Key offerings
Exhibit 161: Morgan Stanley - Segment focus
12.12 PricewaterhouseCoopers LLP
Exhibit 162: PricewaterhouseCoopers LLP - Overview
Exhibit 163: PricewaterhouseCoopers LLP - Product / Service
Exhibit 164: PricewaterhouseCoopers LLP - Key offerings
12.13 State Street Corp.
Exhibit 165: State Street Corp. - Overview
Exhibit 166: State Street Corp. - Business segments
Exhibit 167: State Street Corp. - Key offerings
Exhibit 168: State Street Corp. - Segment focus
12.14 The Charles Schwab Corp.
Exhibit 169: The Charles Schwab Corp. - Overview
Exhibit 170: The Charles Schwab Corp. - Business segments
Exhibit 171: The Charles Schwab Corp. - Key offerings
Exhibit 172: The Charles Schwab Corp. - Segment focus
12.15 The Goldman Sachs Group Inc.
Exhibit 173: The Goldman Sachs Group Inc. - Overview
Exhibit 174: The Goldman Sachs Group Inc. - Business segments
Exhibit 175: The Goldman Sachs Group Inc. - Key news
Exhibit 176: The Goldman Sachs Group Inc. - Key offerings
Exhibit 177: The Goldman Sachs Group Inc. - Segment focus
12.16 The Vanguard Group Inc.
Exhibit 178: The Vanguard Group Inc. - Overview
Exhibit 179: The Vanguard Group Inc. - Product / Service
Exhibit 180: The Vanguard Group Inc. - Key offerings
12.17 UBS Group AG
Exhibit 181: UBS Group AG - Overview
Exhibit 182: UBS Group AG - Business segments
Exhibit 183: UBS Group AG - Key offerings
Exhibit 184: UBS Group AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 185: Inclusions checklist
Exhibit 186: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 187: Currency conversion rates for US$
13.4 Research methodology
Exhibit 188: Research methodology
Exhibit 189: Validation techniques employed for market sizing
Exhibit 190: Information sources
13.5 List of abbreviations
Exhibit 191: List of abbreviations