UK Asset Management Boom: Market to More Than Double to $538B by 2030!
BlueWeave Consulting
We offer a one-stop solution for your market intelligence needs for any service or product.
United Kingdom Asset Management Market is thriving due to increasing investment needs, regulatory changes, technological advancements, a spurring demand for personalized financial services, and growing awareness about sustainable investing.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United Kingdom Asset Management Market size by value at USD 258.30 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United Kingdom Asset Management Market size to expand at a CAGR of 11.40% reaching a value of USD 537.98 billion by 2030.
United Kingdom Asset Management Market is driven by various factors, such as an increasing demand for diversified investment portfolios, regulatory changes that promote transparency and investor protection, and the growth of technology in investment processes, including robo-advisors and fintech solutions. Additionally, rising awareness about sustainable investing and Environmental, Social, and Governance (ESG) criteria is influencing investor preferences. The aging population seeking retirement solutions and the continuous growth of institutional investments further bolster the growth of United Kingdom Asset Management Market.
Sample Request @ https://www.blueweaveconsulting.com/report/united-kingdom-asset-management-market/report-sample
Opportunity – Adoption of Technological Advancements
United Kingdom Asset Management Market is driven by the rapid adoption of advanced technologies, including artificial intelligence (AI), machine learning (ML), and blockchain technology. Major asset management companies in the United Kingdom have embraced the digital transformation. Big data and social media analytics, digital marketing, mobile applications, cloud technology, robo-advisors, and fintech solutions and services help the companies in addressing the target customers. Cybersecurity solutions enable the asset management enterprises to address escalating security concerns, particularly due to regional geopolitical tensions. Blockchain technology helps organizations carry out secure transactions.
Impact of Escalating Geopolitical Tensions on United Kingdom Asset Management Market
Escalating geopolitical tensions could affect United Kingdom Asset Management Market. Intensifying tensions among countries could disrupt global supply chains, leading to shortages of essential materials and increased costs for manufacturers. Additionally, political instability could deter foreign investments and affect consumer confidence, leading to reduced spending on asset management services. The resulting economic strain can hinder market growth, despite the rising demand for investment products.
Location & Movement Tracking Segment Holds Largest Market Share
The location & movement tracking segment holds the largest share of United Kingdom Asset Management Market by function. Its significant position is fueled by the growing demand for real-time asset visibility in industries like transportation, logistics, and healthcare, where effective tracking is essential for maximizing asset usage and reducing losses. Organizations are increasingly adopting advanced IoT-enabled tracking systems and GPS technologies to enhance asset allocation and boost operational efficiency. Additionally, the rising emphasis on regulatory compliance and risk management is further driving the need for location-tracking solutions, establishing it as a crucial segment within United Kingdom Asset Management Market.
Competitive Landscape
United Kingdom Asset Management Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include BlackRock Investment Management (UK) Limited, Legal & General Investment Management Limited, Fidelity Worldwide Investment, Baillie Gifford & Co Limited, Jupiter Unit Trust Managers Limited, abrdn Fund Managers Limited, Fundsmith, Invesco, BNY Mellon Fund Managers Limited, and Other Prominent Players. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United Kingdom Asset Management Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United Kingdom Asset Management Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in United Kingdom Asset Management Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the Market.
Scope of the Report
By Asset Type
By Component
By Function
By Application
Frequently Asked Questions (FAQs):
1. What is the current Market size of United Kingdom Asset Management Market by value?
Ans: United Kingdom Asset Management Market size by value was estimated at USD 258.30 billion in 2023.
2. What is the expected growth rate of United Kingdom Asset Management Market by value during the forecast period?
Ans: United Kingdom Asset Management Market by value is expected to grow at a CAGR of 11.40% during the forecast period between 2024 and 2030.
3. What is the forecast value of United Kingdom Asset Management Market size by 2030?
Ans: United Kingdom Asset Management Market size is forecast to reach a value of USD 537.98 billion by 2030.
4. What are the major factors driving the growth of United Kingdom Asset Management Market?
Ans: Growth of United Kingdom Asset Management Market is primarily driven by rising wealth and income levels, increasing demand for investment products, advancements in technology, and a well-established financial infrastructure.
5. Name the key players in United Kingdom Asset Management Market.
Ans: Key players in United Kingdom Asset Management Market include BlackRock Investment Management (UK) Limited, Legal & General Investment Management Limited, Fidelity Worldwide Investment, Baillie Gifford & Co Limited, Jupiter Unit Trust Managers Limited, abrdn Fund Managers Limited, Fundsmith, Invesco, and BNY Mellon Fund Managers Limited.
6. Which is the leading application segment in United Kingdom Asset Management Market?
Ans: The enterprise asset management segment accounts for the highest market share of United Kingdom Asset Management Market by application.
Contact Us:
BlueWeave Consulting & Research Pvt Ltd
+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662
RELATED REPORTS