印度财富管理市场评估：依类型、最终用户、提供者、地区、机会、预测（2018 财年-2032 财年）

印度财富管理市场规模预计将从 2024 财年的 1,542.5 亿美元增至 2032 财年的 3,311.3 亿美元，在预测期内（2025-2032 财年）复合年增长率为 10.02%。由于正在改变产业格局的各种因素的融合，金融服务业目前正在经历重大转型。这些因素包括投资者日益城市化、正在塑造行业的监管变化、正在改变金融服务提供方式的技术进步以及正在影响市场动态的人口变化等。

印度有储蓄、投资和财富保值的传统，家庭历来依赖值得信赖的顾问提供财务指导和支持。然而，随着经济的快速成长、全球化、监管环境的加强以及全球金融市场准入的增加，印度的财富管理产业已经出现了显着的发展。2013 年《投资顾问条例》和 2019 年《财务顾问条例》为财富管理行业引入了透明度和问责制。这种转变改变了个人管理财务的方式，并为金融服务提供者满足客户不断变化的需求和期望创造了新的机会和课题。

近年来，在经济扩张、创业精神和不断壮大的中产阶级的推动下，印度高净值人士 (HNWI) 社区的数量显着增加。这些人寻求专业的财富管理服务来增强和保护他们的资产。印度的人口结构正在发生变化，具有数位意识的一代倾向于自动化财富管理解决方案，迫使企业将资源投入技术和数位化。

印度的富裕阶层曾经由少数商业家族主导，其中包括塔塔家族和比尔拉家族。但近年来，许多新时代的企业家以及演艺界、媒体和体育界的大人物纷纷涌入。例子包括医生、律师和办公室职员，尤其是那些获得股票选择权的人。

富裕程度的提高和中产阶级的影响整体需求

印度的中产阶级正在迅速壮大，高净值人士（HMWI）的数量也大幅增加。随着人们累积更多的财富，越来越需要专业的财务规划和投资管理来维持和成长财富。人口结构的变化扩大了财富管理服务的客户群，越来越多的人寻求明智的财务建议和个人化的投资策略，以帮助他们实现财务目标。预计到 2027 年至 2028 年，印度将成为一个 5 兆美元的经济体，随着新创公司进入市场，每天有近 3 人加入净资产超过 3,000 万美元的超高净值 (UHNW) 类别。

促进财富创造和投资机会

印度过去几十年经济的强劲成长促使人民收入不断增加，财富不断累积。经济振兴促使储蓄和投资活动增加。随着经济的扩张，个人和企业控制更多的资本，对专家财务建议和多样化投资机会的需求不断增加。财富管理公司旨在利用这一趋势，透过为更富裕和投资精明的人群提供客製化的金融解决方案，为印度财富管理市场的成长做出贡献。

西部地区主导印度财富管理市场占有率

印度财富管理市场以西部地区为主。该地区金融机构、证券交易所、企业总部高度集中，为财富管理服务创造了良好的环境。西部地区以其金融活动而闻名，是印度高净值人士 (HNWI) 最集中的地区，推动了对先进财务规划和投资管理的需求。投资股票、共同基金和另类投资等各种金融产品的浓厚文化也支持了该地区蓬勃发展的财富管理产业。虽然西部地区处于领先地位，但由于财富和经济活动的增加，北部和南部等其他地区也正在成为重要市场。

本报告针对印度财富管理市场进行研究和分析，提供市场规模和预测、市场动态、主要参与者的现状和前景等。

目录

第一章研究方法论

第二章 专案范围与定义

第三章 执行摘要

第四章 客户回馈

• 客户人口统计（性别、年龄、收入、职业等）
• 市场和产品/服务讯息
• 品牌回忆与忠诚度
• 选择品牌的理由
  • 品牌名称与市占率
  • 可靠性和安全性
  • 可用的功能和服务
  • 应用程式使用者介面
  • 不同平台之间的一致性
  • 折扣
• 使用频率
• 平均交易金额
• 常用功能/服务
• 消费者所遇到的麻烦

第5章 印度资产管理市场展望（2018-2032）

• 市场规模及预测
  • 金钱金额
• 依类型
  • 财务咨询管理
  • 投资组合管理
  • 绩效管理
  • 风险与合规管理
  • 其他
• 依最终用户
  • 富裕阶层
  • 超富有
  • 企业
  • 其他
• 依提供者
  • 银行
  • NBFC
  • 顾问公司
• 依地区
  • 北方
  • 南部
  • 东
  • 西部、中部
• 市占率：依公司划分（2024 财年）

第6章 市场测绘（2024 财政年度）

• 依类型
• 依最终用户
• 依提供者
• 依地区

第七章 宏观环境与产业结构

• 供需分析
• 监理框架和合规性
  • Reserve Bank of India
  • Securities Exchange Board of India
  • Insurance and Regulatory Development Authority of India
• 价值链分析
• PESTEL 分析
• 波特五力分析

第八章市场动态

• 增长动力
• 成长限制因素（问题、限制因素）

第九节 主要公司状况

• 前 5 名市场领导者的竞争矩阵
• 前 5 名市场领导者的市场收入分析（2024 财年）
• 併购/合资（如适用）
• SWOT 分析（5 家市场公司）
• 专利分析（如果适用）

第10章案例研究

第11章 主要公司展望

• SBI Wealth Management
• ICICI Bank Private Banking
• Kotak Mahindra Bank Wealth Management
• Axis Bank Wealth Management
• HDFC Bank Private Banking
• BNP Paribas Wealth Management
• Standard Chartered Private Banking
• Citibank Private Banking
• Deutsche Bank Wealth Management
• Edelweiss Wealth Management

第十二章 战略建议

第十三章关于我们公司、免责声明

India's wealth management market is projected to witness a CAGR of 10.02% during the forecast period FY2025-FY2032, growing from USD 154.25 billion in FY2024 to USD 331.13 billion in FY2032. The financial services industry is currently undergoing a significant transformation driven by a blend of various factors that are reshaping the landscape. These factors include the increasing urbanity among investors, regulatory changes that are shaping the industry's framework, advancements in technology that are revolutionizing the way financial services are delivered, and shifting demographics that are influencing the market dynamics.

In the context of India, tradition of savings, investments, and wealth preservation, with families traditionally relying on trusted advisors for financial guidance and support is evitable. However, with the rapid economic growth, globalization, enhanced regulatory environment, and enhanced accessibility to global financial markets, the wealth management sector in India has experienced a substantial evolution. Investment Advisers Regulation, 2013, and the Financial Advisors Regulations, 2019 have introduced transparency and accountability to the wealth management industry. The shift has transformed the way individuals manage their wealth and created new opportunities and challenges for financial service providers in meeting the evolving needs and expectations of their clients.

Over the past few years, India has witnessed a notable rise in its high-net-worth individual (HNWI) community, propelled by economic expansion, entrepreneurial endeavors, and the expanding middle class. These individuals are in search of expert wealth management services to enhance and safeguard their assets. The demographic landscape of the nation is shifting, with a digitally inclined generation gravitating towards automated wealth management solutions, compelling companies to allocate resources towards technology and digitalization.

India's wealthiest segment was previously dominated by a handful of industrialist families such as the Tatas and Birla's. But in recent years, it has seen the entrance of many new-age entrepreneurs, showbiz, media, and sports personalities. Doctors, lawyers, and even salaried professionals, especially those who may have received stock options, are also represented.

Rising Affluence and Middle Class Affect the Overall Demand

India's middle class is rapidly expanding, accompanied by a significant increase in the number of high-net-worth individuals (HMWIs). As people accumulate more wealth, there is a growing need for professional financial planning and investment management to preserve and grow their assets. The demographic shift results in a larger customer base for wealth management services, as more individuals seek sophisticated financial advice and personalized investment strategies to meet their financial goals. India is set to become a USD 5 trillion economy by 2027-28, nearly three individuals each day join the ultra-high-net-worth (UHNW) club with a net worth of more than USD 30 million as start-ups go to market.

Driving Wealth Creation and Management Opportunities

India's strong economic growth over recent decades has led to higher incomes and greater wealth accumulation among its citizens. Economic prosperity has resulted in increased savings and investment activities. As the economy expands, individuals and businesses have more capital to manage, which boosts the demand for expert financial advice and diversified investment opportunities. Wealth management firms are well-positioned to capitalize on this trend by offering customized financial solutions to a more affluent and investment-savvy population, thereby contributing to the growth of India's wealth management market.

Western Region to Dominate India Wealth Management Market Share

The wealth management market in India is predominantly dominated by the western region of the country. This region is home to a significant concentration of financial institutions, stock exchanges, and corporate headquarters, which collectively fosters a robust environment for wealth management services. The Western region, particularly known for its financial activities has the highest concentration of high-net-worth individuals (HNWIs) in India, driving the demand for sophisticated financial planning and investment management. The strong culture of investing in various financial instruments, such as equities, mutual funds, and alternative investments, further supports the thriving wealth management industry in the region. While the west leads, other regions, such as north and south, are emerging as important markets due to their growing affluent populations and expanding economic activities.

Banks to Dominate the Market

Banks hold a prominent position as leading providers in India wealth management sector, capitalizing on their expansive branch network, reputable brands, and a broad spectrum of financial products. They deliver many wealth management solutions, spanning investment advisory, portfolio management, retirement, and estate planning, and tax advisory services. Moreover, banks typically house specialized divisions staffed with seasoned relationship managers, offering tailored financial guidance to clients. Their solid infrastructure and adherence to regulatory requirements standards underscore their pivotal role in addressing the multifaceted wealth management requirements of both individuals and enterprises throughout India.

Future Market Scenario (FY2025 - FY2032)

The future market scenario for wealth management in India from FY2025 to FY2032 is expected to witness a significant shift towards digital transformation. With the increasing adoption of technology and digital platforms, wealth management firms are likely to leverage advanced tools such as AI, machine learning, and data analytics to offer personalized and efficient services to clients.

The period between FY2025 and FY2032 is anticipated to see a surge in the popularity of robot advisors in India's wealth management market. These automated investment platforms are expected to gain traction among tech-savvy investors looking for cost-effective and convenient wealth management solutions.

Environmental, social, and governance (ESG) investments projected to play a significant role in the future market scenario of wealth management in India. As investors increasingly prioritize sustainability and ethical considerations in their investment decisions, wealth management firms are expected to integrate ESG factors into their investment strategies.

In the forecast years, wealth management firms in India are expected to focus on providing personalized and tailored solutions to meet the diverse needs and preferences of clients. By leveraging data-driven insights and advanced technologies, firms can offer customized investment strategies and financial planning services to cater to individual client goals and objectives.

Key Players Landscape and Outlook

The landscape of the wealth management market in India is characterized by key players who are playing a significant role in shaping the industry. These players include traditional financial institutions, private wealth management firms, asset management companies, and fintech companies offering innovative solutions. The outlook for the wealth management market in India is promising, driven by factors such as increasing wealth creation, growing investor sophistication, and the adoption of digital technologies. As the market continues to evolve, key players are expected to focus on enhancing their service offerings, leveraging technology to provide personalized solutions, and expanding their reach to cater to the diverse needs of clients. Overall, the future of the wealth management market in India looks bright, with opportunities for growth and innovation.

In 2023, Reliance Industries' Jio and BlackRock announced a joint venture to penetrate the India wealth management sector. This collaboration intends to leverage Jio's large customer base with BlackRock's investment knowledge, making financial services more accessible to a wider audience in India.

Table of Contents

1. Research Methodology

2. Project Scope and Definitions

3. Executive Summary

4. Voice of Customer

• 4.1. Customer Demographics (Gender, Age, Income, Profession, etc.)
• 4.2. Market and Product/Service Intelligence
• 4.3. Brand Recall and Loyalty
• 4.4. Reasons for Brand Choice
  • 4.4.1. Brand Name and Market Presence
  • 4.4.2. Reliability and Security
  • 4.4.3. Features and Service Available
  • 4.4.4. Application User Interface
  • 4.4.5. Integrity of Various Platforms
  • 4.4.6. Offers and Discounts
• 4.5. Usage Frequency
• 4.6. Average Transaction Value
• 4.7. Frequently Used Features/Services
• 4.8. Pain Areas Experienced by the Consumer

5. India Wealth Management Market Outlook, 2018-2032F

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. By Type
  • 5.2.1. Financial Advice Management
  • 5.2.2. Portfolio Management
  • 5.2.3. Performance Management
  • 5.2.4. Risk and Compliance Management
  • 5.2.5. Others
• 5.3. By End-user
  • 5.3.1. High Net Worth Individuals
  • 5.3.2. Ultra-High Net Worth Individuals
  • 5.3.3. Corporates
  • 5.3.4. Others
• 5.4. By Providers
  • 5.4.1. Bank
  • 5.4.2. NBFCs
  • 5.4.3. Consulting Firm
• 5.5. By Region
  • 5.5.1. North
  • 5.5.2. South
  • 5.5.3. East
  • 5.5.4. West and Central
• 5.6. By Company Market Share (%), FY2024

6. Market Mapping, FY2024

• 6.1. By Type
• 6.2. By End-user
• 6.3. By Providers
• 6.4. By Region

7. Macro Environment and Industry Structure

• 7.1. Supply Demand Analysis
• 7.2. Regulatory Framework and Compliance
  • 7.2.1. Reserve Bank of India
  • 7.2.2. Securities Exchange Board of India
  • 7.2.3. Insurance and Regulatory Development Authority of India
• 7.3. Value Chain Analysis
• 7.4. PESTEL Analysis
  • 7.4.1. Political Factors
  • 7.4.2. Economic System
  • 7.4.3. Social Implications
  • 7.4.4. Technological Advancements
  • 7.4.5. Environmental Impacts
  • 7.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
• 7.5. Porter's Five Forces Analysis
  • 7.5.1. Supplier Power
  • 7.5.2. Buyer Power
  • 7.5.3. Substitution Threat
  • 7.5.4. Threat from New Entrants
  • 7.5.5. Competitive Rivalry

8. Market Dynamics

• 8.1. Growth Drivers
• 8.2. Growth Inhibitors (Challenges and Restraints)

9. Key Players Landscape

• 9.1. Competition Matrix of Top Five Market Leaders
• 9.2. Market Revenue Analysis of Top Five Market Leaders (By Value, FY2024)
• 9.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
• 9.4. SWOT Analysis (For Five Market Players)
• 9.5. Patent Analysis (If Applicable)

10. Case Studies

11. Key Players Outlook

• 11.1. SBI Wealth Management
  • 11.1.1. Company Details
  • 11.1.2. Key Management Personnel
  • 11.1.3. Products and Services
  • 11.1.4. Financials (As reported)
  • 11.1.5. Key Market Focus and Geographical Presence
  • 11.1.6. Recent Developments
• 11.2. ICICI Bank Private Banking
• 11.3. Kotak Mahindra Bank Wealth Management
• 11.4. Axis Bank Wealth Management
• 11.5. HDFC Bank Private Banking
• 11.6. BNP Paribas Wealth Management
• 11.7. Standard Chartered Private Banking
• 11.8. Citibank Private Banking
• 11.9. Deutsche Bank Wealth Management
• 11.10. Edelweiss Wealth Management

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

12. Strategic Recommendations

13. About Us and Disclaimer

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Wealth Management Market, By Value, In USD Billion, FY2018-FY2032F
• Figure 2. India Wealth Management Market Share (%), By Type, FY2018-FY2032F
• Figure 3. India Wealth Management Market Share (%), By End-User, FY2018-FY2032F
• Figure 4. India Wealth Management Market Share (%), By Provider, FY2018-FY2032F
• Figure 5. India Wealth Management Market Share (%), By Region, FY2018-FY2032F
• Figure 6. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 7. By End-User Size Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 8. By Provider Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 9. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024