Report Overview

United Kingdom Asset Management Market – Industry Trends & Forecast Report, 2030

United Kingdom Asset Management Market size by value was estimated at USD 258.30 billion in 2023. During the forecast period between 2024 and 2030, United Kingdom Asset Management Market size is expected to expand at a CAGR of 11.40% reaching a value of USD 537.98 billion by 2030. United Kingdom Asset Management Market is driven by rising wealth and income levels, increasing demand for investment products, advancements in technology, and a well-established financial infrastructure. These factors contribute to market growth, attracting both domestic and international investors.

Asset Management – Overview

Asset management involves the professional management of various assets, including stocks, bonds, real estate, and other investments, to achieve specific financial goals. Asset managers work on behalf of clients, such as individuals, institutions, and corporations, to grow and protect their investments through strategic planning and decision-making. This includes asset allocation, risk management, and performance monitoring. The primary aim is to optimize returns while managing risks, ensuring that the investment portfolio aligns with the client's objectives and financial needs. Asset management is crucial for building wealth and securing financial stability over the long term.

United Kingdom Asset Management Market  

Growth Drivers

Rising Wealth and Income Levels

Rising wealth and income levels across the country significantly drive United Kingdom Asset Management Market. With about 3.7 million people earning over USD 1,855 weekly, there is a substantial high-income segment that seeks professional advice for wealth management and growth. An increase in disposable income leads to higher investments in various asset classes, boosting the demand for asset management services.

Challenges

Volatile Economy

Economic volatility could significantly restrain the growth of United Kingdom Asset Management Market. Fluctuations in economic conditions can lead to market uncertainty, affecting investor confidence and resulting in reduced investments. This volatility can also impact asset values, making it challenging for asset managers to achieve consistent returns. Consequently, economic instability can hinder the growth of the asset management sector, despite potential opportunities for growth in other areas.

Impact of Escalating Geopolitical Tensions on United Kingdom Asset Management Market  

Intensifying geopolitical tensions among countries across the major regions could significantly impact United Kingdom Asset Management Market. Economic, political, and trade tensions could disrupt global supply chains, leading to shortages of essential materials and increased costs for manufacturers. Additionally, political instability could deter foreign investments and affect consumer confidence, leading to reduced spending on asset management services. The resulting economic strain can hinder market growth, despite the rising demand for investment products.

United Kingdom Asset Management Market

Segmental Coverage

United Kingdom Asset Management Market – By Asset Type

By asset type, United Kingdom Asset Management Market is divided into Digital Assets, Returnable Transport Assets, In-transit Assets, Manufacturing Assets, and Personnel/Staff segments. The digital assets segment stands as the largest asset type in United Kingdom Asset Management Market. The segment’s prominence is driven by the rapid digitization across industries, increasing reliance on digital tools for tracking, and significant investments in digital transformation strategies. Businesses prioritize digital asset management to handle valuable digital files, intellectual property, and customer data, ensuring operational efficiency and security. Rising cybersecurity concerns and compliance requirements further push organizations toward robust digital asset management solutions, making this segment the leader in the market. Digital asset management enables streamlined workflows, enhanced data access, and asset protection, reinforcing its substantial market share.

United Kingdom Asset Management Market – By Component

Based on component, United Kingdom Asset Management Market is split into Solution and Services segments. The solution segment is typically a larger component in United Kingdom Asset Management Market. The segment includes various technological tools and platforms that support asset management activities, such as portfolio management, risk management, and compliance solutions. The growing demand for streamlined and efficient management of assets has increased the adoption of solutions that optimize operations, enhance transparency, and support decision-making. As asset managers increasingly focus on digital transformation to stay competitive, the solution segment continues to dominate, providing the infrastructure for improved performance, data analytics, and regulatory compliance across the UK’s asset management landscape.

United Kingdom Asset Management Market – By Function

By function, United Kingdom Asset Management Market is divided into Location & Movement Tracking, Check In/Check Out, Repair & Maintenance, and other segments. The location & movement tracking segment holds the largest share of United Kingdom Asset Management Market by function. The segment’s leadership position is driven by the increasing need for real-time visibility of assets across sectors such as transportation, logistics, and healthcare, where tracking is critical for optimizing asset utilization and minimizing losses. Advanced IoT-enabled tracking systems and GPS technologies allow organizations to streamline asset allocation and improve operational efficiency. Moreover, the heightened focus on regulatory compliance and risk management further bolsters demand for location-tracking solutions, making it a key segment in United Kingdom Asset Management Market.

United Kingdom Asset Management Market – By Application

Based on application, United Kingdom Asset Management Market is divided into Infrastructure Asset Management, Enterprise Asset Management, Healthcare Asset Management, Aviation Asset Management, and other segments. The Enterprise Asset Management (EAM) segment is the largest segment in United Kingdom Asset Management Market. EAM focuses on optimizing the lifecycle of physical assets across various industries, enhancing operational efficiency, reducing costs, and improving service delivery. The segment is driven by an increasing demand for effective asset tracking, maintenance strategies, and compliance with regulatory requirements. Organizations are investing in EAM solutions to streamline processes, extend asset life, and enhance decision-making through data-driven insights. The rise in digital transformation and the adoption of IoT technologies further bolsters the growth of the EAM segment within the asset management market.

Competitive Landscape

Key players in the highly competitive United Kingdom Asset Management Market include BlackRock Investment Management (UK) Limited, Legal & General Investment Management Limited, Fidelity Worldwide Investment, Baillie Gifford & Co Limited, Jupiter Unit Trust Managers Limited, abrdn Fund Managers Limited, Fundsmith, Invesco, and BNY Mellon Fund Managers Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Asset Type

• Digital Assets

• Returnable Transport Assets

• In-transit Assets

• Manufacturing Assets

• Personnel/ Staff

By Component

• Solution

• Services

By Function

• Location & Movement Tracking

• Check In/ Check Out

• Repair & Maintenance

• Others

By Application

• Infrastructure Asset Management

• Enterprise Asset Management

• Healthcare Asset Management

• Aviation Asset Management

• Others

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. United Kingdom Asset Management Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Wealth and Income Levels
         2. Aging Population
         3. Increasing Complexity of Financial Markets
      2. Restraints
         1. Economic Volatility
         2. Regulatory Challenges
      3. Opportunities
         1. Rise of Alternative Investments
         2. Advancements in Technology
      4. Challenges
         1. Competitive Pressure
         2. Cybersecurity Threats
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. United Kingdom Asset Management Market: Marketing Strategies
5. United Kingdom Asset Management Market: Pricing Analysis
6. United Kingdom Asset Management Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Asset Type
         1. Digital Assets
         2. Returnable Transport Assets
         3. In-transit Assets
         4. Manufacturing Assets
         5. Personnel/ Staff
      2. By Component
         1. Solution
         2. Services
      3. By Function
         1. Location & Movement Tracking
         2. Check In/ Check Out
         3. Repair & Maintenance
         4. Others
      4. By Application
         1. Infrastructure Asset Management
         2. Enterprise Asset Management
         3. Healthcare Asset Management
         4. Aviation Asset Management
         5. Others
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. United Kingdom Asset Management Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Geopolitical Tensions on United Kingdom Asset Management Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. BlackRock Investment Management (UK) Limited
   2. Legal & General Investment Management Limited
   3. Fidelity Worldwide Investment
   4. Baillie Gifford & Co Limited
   5. Jupiter Unit Trust Managers Limited
   6. abrdn Fund Managers Limited
   7. Fundsmith
   8. Invesco
   9. BNY Mellon Fund Managers Limited
   10. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
    1. Qualitative Research
       1.  Primary & Secondary Research
    2.   Quantitative Research
    3.   Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       United Kingdom Asset Management Segmentation

Figure 2       United Kingdom Asset Management Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       United Kingdom Asset Management Market Size, By Value (USD Billion), 2019–2030

Figure 5       United Kingdom Asset Management Market Share, By Asset Type, By Value, 2019–2030

Figure 6       United Kingdom Asset Management Market Share, By Components, By Value, 2019–2030

Figure 7       United Kingdom Asset Management Market Share, By Function, By Value, 2019–2030

Figure 8       United Kingdom Asset Management Market Share, By Application, By Value, 2019–2030

List of Tables

Table 1        United Kingdom Asset Management Market Size, By Value (USD Billion), 2019–2030

Table 2        United Kingdom Asset Management Market Size, By Asset Type, By Value, 2019–2030

Table 3        United Kingdom Asset Management Market Size, By Components, By Value, 2019–2030

Table 4        United Kingdom Asset Management Market Size, By Function, By Value, 2019–2030

Table 5        United Kingdom Asset Management Market Size, By Application, By Value, 2019–2030

Table 6        BlackRock Investment Management (UK) Limited Company Overview

Table 7        BlackRock Investment Management (UK) Limited Financial Overview

Table 8        Legal & General Investment Management Limited Company Overview

Table 9        Legal & General Investment Management Limited Financial Overview

Table 10      Fidelity Worldwide Investment Company Overview

Table 11      Fidelity Worldwide Investment Financial Overview

Table 12      Baillie Gifford & Co Limited Company Overview

Table 13      Baillie Gifford & Co Limited Financial Overview

Table 14      Jupiter Unit Trust Managers Limited Company Overview

Table 15      Jupiter Unit Trust Managers Limited Financial Overview

Table 16      abrdn Fund Managers Limited Company Overview

Table 17      abrdn Fund Managers Limited Financial Overview

Table 18      Fundsmith Company Overview

Table 19      Fundsmith Financial Overview

Table 20      Invesco Company Overview

Table 21      Invesco Financial Overview

Table 22      BNY Mellon Fund Managers Limited Company Overview

Table 23      BNY Mellon Fund Managers Limited Financial Overview