The global financial services market size is expected to grow from $20.4 trillion in 2020 to $22.5 trillion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The financial services market is further expected to reach $28.5 trillion by 2025 at a CAGR of 6%.

How big is the financial services industry in the US 2020?

With the largest financial market in the world, the U.S. is setting trends and profiting from today’s strong global economy. In 2020, the estimated revenue of the industry was US$4,738.0 billion.

Which industries are growing fastest?

So, let us take a look at our list of fastest growing industries in the world, starting with number 15.

• HR and Recruitment Services. Revenue Growth 2019-2020: 7.7%
• Cardboard Box and Container Manufacturing.
• Tourism.
• Cargo Airlines.
• Beer Manufacturing.
• Hotels and Resorts.
• Management Consultants.
• Airlines.

How much money is in the financial industry?

The global financial services market, valued at about $22,219 billion in 2019, has seen a strong growth in non-cash payments.

How much money is in the financial services industry?

Financial markets in the United States are the largest and most liquid in the world. In 2018, finance and insurance represented 7.4 percent (or $1.5 trillion) of U.S. gross domestic product.

What are the outlooks for the financial services industry?

The future showed up early. Across the commercial real estate, banking and capital markets, insurance, and investment management sectors, our 2021 outlooks reveal the inextricable link between recovering from COVID-19’s impact and transforming operations to power success in the years ahead.

How much content is in the financial services industry?

The industry benchmark statistics in the first part of the report came from an internal dataset of 86,270 pieces of content across all industries, measured by Contently’s content marketing platform. Of that sample, 25,544 pieces of content came from financial services companies.

What are the different sectors of the financial services industry?

This page provides high-level information and data on the Financial Services industry, which comprises the following sectors: 1 Accounting and Bookkeeping 2 Banking and General Financial Services 3 Financial Markets and Planning 4 Insurance and Superannuation 5 Mortgage and Financial Broking 6 Specialised Financial Services.

How big is the global financial services market?

The global financial services market is expected to grow from $20490.46 billion in 2020 to $22515.17 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%.