Financial Advisory Market Poised for Robust Growth to 2032, with Spirited Expansion in Emerging Economies and Surge in Digital Platforms


Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Financial Advisory Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.

Global Financial Advisory Services are expanding at an unprecedented pace, driving economic vitality and innovation across diverse sectors. With a robust growth trajectory anticipated through to 2032, stakeholders are primed to tap into burgeoning opportunities, particularly those unfolding within fast-emerging markets and through the prolific evolution of digital platforms.

Significant Growth and Future Projections

The financial advisory domain has witnessed a substantial growth from 2017 to 2022, flourishing to a market size of nearly $197.45 billion in 2022. Harnessing the momentum, the market is slated for a sustained growth period, with projections estimating an upwards climb to $245.29 billion by 2027, and reaching a formidable $320.12 billion by 2032.

Key Market Segments and Regional Insights

Segmentation analysis reveals a notable forecast for the corporate finance sector; poised as a beacon for lucrative prospects within the financial advisory fray, exhibiting the largest market share. Additionally, risk management services are positioned to outstride with the fastest growth rate among sectors.

The segmentation of enterprise sizes underscores a pivotal role of large corporate entities while predicting an accelerated expansion for small and medium-sized enterprises (SMEs). Industry verticals such as banking, financial services, and insurance (BFSI) lead in market share amongst sectors, with retail and e-commerce poised for a dynamic growth spurt. Regionally, Western Europe holds dominion as the largest market contributor, with Middle East and South America earmarked as the swiftest ascendants in the ensuing years.

Competitive Landscape and Strategic Moves

The market's competitive vista exhibits a spectrum of prominent players who are propelling the industry's growth. Top-tier competitors are engaging in savvy acquisitions and partnerships, thereby consolidating their market dominance globally.

  • Corporate Finance Segment to Spearhead Growth with $16.08 Billion Increase in Sales by 2027
  • Large Enterprises to Contribute Significant Opportunity with $28.01 Billion Surge in Sales by 2027
  • BFSI Segment to Lead Industry Verticals with $16.91 Billion Boost in Global Sales by 2027

Rising Trends and Strategies for Market Players

The advent of AI-powered digital assistance, relentless technological advancements, and cloud-based financial platforms are defining the new age of financial advisory services. Firms are urged to strategically leverage these advancements to stay ahead. With the focus shifting towards vibrant sectors and geographies, financial advisory companies are encouraged to channel their efforts towards high-velocity market segments. Concluding Thoughts
As the financial advisory landscape burgeons, the intrinsic potential for growth and innovation within the industry continues to escalate. Strategic adaptation and technological integration remain high on the agenda for forward-thinking financial advisory firms eager to optimize the vast opportunities at hand.

Key Attributes

Report AttributeDetails
No. of Pages295
Forecast Period2021 - 2031
Estimated Market Value (USD) in 2021$197.5 Billion
Forecasted Market Value (USD) by 2031$320.1 Billion
Compound Annual Growth Rate5.0%
Regions CoveredGlobal

A selection of companies mentioned in this report includes

  • KPMG International Cooperative
  • PricewaterhouseCoopers International Limited (PwCIL)
  • Deloitte Group
  • Morgan Stanley
  • JPMorgan Chase & Co
  • Wells Fargo & Co
  • Boston Consulting Group
  • Goldman Sachs Group Inc
  • Ernst & Young Global Limited
  • Mckinsey & company
  • NiveshIndia
  • Oxyzen Financial Advisory & Services
  • Prime Investment Services
  • Purnartha
  • Macquarie Group
  • Commonwealth Bank of Australia (CBA)
  • Nomura Holdings, Inc.
  • Daiwa Securities Group Inc.
  • China International Capital Corporation Limited (CICC)
  • GF Securities Co., Ltd
  • Haitong Securities Co., Ltd
  • CITIC Securities Co., Ltd.
  • China Securities Co., Ltd. (CSC)
  • Accenture PLC
  • Crystal Finance
  • De Vere Group
  • Waves Enterprise
  • Home Credit Bank
  • PSB
  • Sberbank
  • Aton LLC
  • BCS Financial Group
  • Sovlink LLC
  • LIFE Financial Group
  • BrokerCreditService Ltd
  • BlackRock
  • Vanguard
  • Fidelity
  • State Street Global Advisors
  • J.P. Morgan Asset Management
  • Charles Schwab
  • Fidelity Investments
  • Facet
  • Edward Jones
  • XP Investimentos
  • Banco BTG Pactual
  • Itaú Unibanco
  • Banco Bradesco
  • Banco Santander Brasil
  • BBVA Argentina
  • BCI Corredor de Bolsa
  • Corficolombiana
  • BTG Pactual Colombia
  • Helm Bank
  • Credicorp Capital
  • Banco de Crédito del Perú (BCP)
  • Interseguro
  • Credicorp
  • Scotia Corredores de Bolsa
  • Meitav Dash Investments
  • Psagot Investment House
  • Excellence Investment House
  • Halman-Aldubi Investment House
  • Emirates NBD Securities
  • SHUAA Capital
  • Arton Capital
  • Al Mal Capital
  • NCB Capital
  • Al Rajhi Capital
  • Jadwa Investment
  • Riyad Capital
  • QNB Financial Services
  • Qatar First Bank
  • Group Securities
  • Amwal
  • Garanti Securities
  • Is Investment
  • Ak Investment
  • Finansinvest
  • Tamweely
  • Accountable Techserve Inc.
  • BDO Wealth Advisors
  • Cresco Project Finance
  • Kreston Egypt Ahmed Mamdouh & Co
  • Khodeir Consulting
  • Mazars Nigeria
  • Goldwyns Chartered Accountants

For more information about this report visit https://www.researchandmarkets.com/r/f64zw9

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Attachment

 
Global Financial Advisory Market

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