Global Private Banking Market Set to More Than Double by 2031 Amid Rising Wealth Management Demand
The global private banking market, a cornerstone of personalized wealth management services for high-net-worth individuals (HNWIs), is on a remarkable growth trajectory. Valued at approximately US$ 481.3 billion in 2023, the market is forecast to reach an impressive US$ 1,031.71 billion by 2031, expanding at a robust compound annual growth rate (CAGR) of 10.0% from 2023 to 2031. This rapid...
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