1 / 3

Global Family Office Market PR

The global family office market is estimated to garner a revenue of USD 30.0 Billion by the end of 2031 by growing at a CAGR of ~5% over the forecast period, i.e., 2022 u2013 2031.

philip13
Download Presentation

Global Family Office Market PR

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Family Office Market to be Propelled by Surging Number of New Businessesby CAGR of~5%During2022 – 2031 KennethResearch publishedareporttitled“Family OfficeMarket:Global DemandAnalysis&OpportunityOutlook2031”whichdeliversdetailedoverview of the global family office market in terms of market segmentation by services, type, net worth managed,andbyregion. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators,restraints,supplyanddemandrisk,alongwithdetaileddiscussiononcurrent and future markettrends thatareassociated withthegrowthofthemarket. The global family office market is expected to grow at ~ 5% CAGR over the forecast period, i.e., 2022-2031. The market is segmented by type into multi, and single- family office. Out of these, the single-family office segment is anticipated to hold the largest shareover theforecastperiodowingto therisingnumberofbillionaires, andthe increasing need of the wealthier person to avail the services 24/7 as per their own needs.Asurgingnumberofnewbusinessesisanticipatedtoincreasethegrowthofthe

  2. globalfamilyoffice market.Moreover, anincreasing investmentoptions isfurther expected tosurgethegrowthofthemarket. AccessFullDescription:https://www.kennethresearch.com/report-details/family- office-market/10346745 Geographically, the global family office market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the North America region is projected to hold the largest market share by the end of 2031 on the back of rising need of high net-worth individuals to adjust their wealth for better investment, and the increasing number of family officesintheregion. The research is global in nature and covers detailed analysis on the market in North America(U.S.,Canada),Europe(U.K.,Germany,France,Italy,Spain,Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest ofLatinAmerica),Asia-Pacific(China,India,Japan,SouthKorea,Indonesia,Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth&opportunityanalysis,marketplayers’competitivestudy,investment opportunities,demandforfutureoutlooketc.hasalsobeencoveredanddisplayedinthe researchreport. RisingHighNet-WorthIndividuals to Drive theGrowth ofthe Market According to the Global Wealth Report 2021, global household wealth increased by 7.4%to USD418.3trillionatthe endof2020. There has been an increase in the demand for private wealth management services such as advisory, financial planning, and others followed by a rise in the number of high net- worth individuals. Therefore, it is projected to increase the growth of the global family market.

  3. However, the lack of availability of family offices, high prices for the availability of services, and scarcity of high-level of expertise are expected to operate as key restraints tothegrowthofglobal familyofficemarket overtheforecast period. This report also provides the existing competitive scenario of some of the key players of the global family office market which includes company profiling of Bessemer Trust, DeutscheBank,USBAG,CascadeInvestmentGroup,BezosExpeditions,BMOFinancial Group, Pictet Group, The Bank of New York Mellon Corporation, Wells Fargo, MSD Capital L.P., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global familyoffice marketthatwillhelp industryconsultants,equipmentmanufacturers, existingplayerssearchingforexpansionopportunities, newplayerssearching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in thefuture. RequestReport Sample@https://www.kennethresearch.com/sample-request- 10346745 KennethResearch isaleadingserviceproviderfor strategicmarketresearch and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order toavoid futureuncertainties. Contact formoreInfo: AJDaniel Email: sales@kennethresearch.com U.S.Phone: +1313462 0609

More Related