Merchant Banking Services Market Poised for Robust Growth, Reveals New Global Industry Analysis
Dublin, Jan. 23, 2024 (GLOBE NEWSWIRE) — The “Merchant Banking Services Global Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.
The latest comprehensive research on the dynamic merchant banking services market is now available, offering unparalleled insights into this thriving sector. According to the data, the market, which stood at $46.43 billion in 2023, is forecasted to reach $54.65 billion in 2024, surging ahead with a compound annual growth rate (CAGR) of 17.7%. This remarkable growth trajectory is set to continue, propelling the market to an estimated $99.07 billion by 2028, advancing at a CAGR of 16.0%.
Crucial driving forces behind this expansion include the uptick in mergers and acquisitions (M&A), the rising focus on environmental, social, and governance (ESG) investments, the increasing adoption of alternative investments, and the ongoing digital revolution in financial services. Furthermore, the merchant banking services sector is experiencing significant advancements designed to elevate customer service, foster sustainable finance, and enhance cybersecurity and data privacy measures.
The influence of foreign investment on market growth cannot be overstated. This facet of the economy, encompassing elements such as direct and portfolio investment, significantly benefits from the expertise of merchant banking services in navigating local markets, discerning investment prospects, and arranging funding. This is exemplified by the unprecedented increase in global foreign direct investment (FDI), as reported by the United Nations Conference on Trade and Development in January 2022, highlighting the vital role of merchant banking services in driving market growth.
Additionally, the rise in international trade and commerce is fostering a conducive environment for the merchant banking services market. Enhanced global interconnectedness and optimized resource utilization are the hallmarks of this growth. Market participants are also embracing AI-driven digital banking platforms, with major entities launching personalized AI and ML-based solutions to cater to the varied financial needs of clients.
To further bolster market offerings, leading players are innovatively crafting advanced payment solutions. These developments are emblematic of the market’s dedication to transactional simplicity, security, and improved customer experience. High-profile acquisitions, such as HSBC Holdings plc’s strategic acquisition of Silicon Valley Bank UK Limited, are testament to the sector’s ambitious expansion plans and focus on serving burgeoning industry verticals, notably in technology and life sciences.
A selection of companies mentioned in this report includes
- JPMorgan Chase & Co.
- Bank of America Corporation
- DBS Bank Ltd.
- Morgan Stanley & Co. LLC
- Credit Suisse Group AG
- NIBL Ace Capital Limited
- Bryant Park Capital
- HSBC Bank USA N.A.
- Royal Bank of Canada Website
- The USA Capital Advisors LLC
- Deutsche Bank AG
- Citigroup Inc.
- The Goldman Sachs Group Inc.
- UBS Group AG
- Wells Fargo and Co.
- Barclays plc
- BNP Paribas SA
- Societe Generale Group
- Mizuho Financial Group
- Sumitomo Mitsui Financial Group
- Nomura Holdings
- Industrial and Commercial Bank of China
- China Construction Bank
- Agricultural Bank of China
- Standard Chartered plc
- PNC Financial Services
- Toronto Dominion Securities Inc.
- RBC Capital Markets LLC
- Scotiabank
- National Bank of Canada Financial Inc.
For more information about this report visit https://www.researchandmarkets.com/r/j58yc8
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