Private market revenues are set to reach $432.2 billion and account for more than half of the total global asset management industry’s revenues by 2030, as technology fuels individual investor demand for digital assets and tokenized products, according to PwC’s 2025 Global Asset & Wealth Management Report.
The report, which surveyed 300 asset managers, institutional investors and distributors from 19 countries and 10 territories, also finds that based on PwC estimates, global assets under management (AUM) is projected to surge from $139 trillion in 2024 to $200 trillion by 2030, growing at a compound annual growth rate (CAGR) of 6.2 percent, with total investable wealth worldwide expected to exceed $481 trillion.
But while the report finds revenues are rising, asset managers continue to face profitability pressures and narrowing margins amid relentless competition, fee pressure, a premium on talent, and cost-heavy investments for increasingly sophistic
