Market Size of North America ETF Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 8.06 Trillion |
Market Size (2029) | USD 15.52 Trillion |
CAGR (2024 - 2029) | 14.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America ETF Industry Market Analysis
The North America ETF Industry is expected to grow from USD 8.06 trillion in 2024 to USD 15.52 trillion by 2029, at a CAGR of 14% during the forecast period (2024-2029).
The ETF (exchange-traded fund) industry has achieved tremendous growth since its inception in 1993. The ETF market has become increasingly crowded, particularly in North America. The North American ETF market dominates in terms of sheer size, but it also continues to have significant momentum. In the United States, the number of ETFs has observed a continuous increase over the years existing at more than 2,700 in number last year. Black Rock, Vanguard, and State Street are among the market players occupying a major share of the ETF market in the United States, with a continuous rise in their ETF assets under management.
The level of income in North America has observed a continuous increase over the years with an increasing number of income earners searching for alternative forms of investments for which ETF has emerged as an option which are having features similar to mutual funds but is traded like stock in the market. Post covid, stock market indices in the North American region and the United States are observing a continuous increase, leading to an increase in return on ETF investment.
California, New York, Texas, and Florida are among the wealthiest cities in the region, providing a growth opportunity for the ETF market players with an increase in assets under management. Equity index ETF and Fixed income ETF are among the ETF investment products in Canada observing a continuous increase in investor interest. These trends are leading to North America emerging as a major ETF market globally.
North America ETF Industry Industry Segmentation
An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, a bond, or a basket of assets like an index fund. The study gives a brief description of the North American ETF industry. It includes details on the regulatory environment, ETF providers, and their business models, along with detailed market segmentation, product types, revenues, dividends, current market trends, and changes in the North American ETF market dynamics. The North American ETF industry is segmented by ETF type and by geography. By ETF type, the market is segmented into equity ETF, fixed income ETF, real estate ETF, commodity ETF, currency ETF, and specialty ETF. By geography, the market is segmented into the United States, Canada, and the rest of North America. The report offers market size and forecasts for the North American ETF industry in value (USD) for all the above segments.
By Type | |
Fixed Income ETFs | |
Equity ETFs | |
Commodity ETFs | |
Currency ETFs | |
Real Estate ETFs | |
Specialty ETFs |
By Geography | |
United States | |
Canada | |
Rest of North America |
North America ETF Industry Size Summary
The North American ETF industry is experiencing robust growth, driven by increasing investor interest and the expanding range of ETF products available. Since its inception, the ETF market has seen significant expansion, particularly in North America, where it holds a dominant position globally. The United States, in particular, has witnessed a continuous rise in the number of ETFs, with major players like BlackRock, Vanguard, and State Street leading the market. The appeal of ETFs lies in their hybrid nature, combining the features of mutual funds with the trading flexibility of stocks, making them an attractive investment option for income earners seeking alternative investment avenues. The post-COVID-19 recovery has further bolstered the market, with rising stock market indices enhancing the return on ETF investments.
The North American ETF market is moderately fragmented, with a growing number of players entering the space, spurred by the adoption of digital investment technologies. Key market participants include Invesco, JP Morgan, Vanguard, iShares - BlackRock, and WisdomTree Investments. Recent collaborations and product launches, such as LG's partnership with Qraft Technologies and Brompton Funds Limited's introduction of a unique ETF in Canada, highlight the industry's innovative spirit and commitment to expanding investment options. The increasing median household income and the rising interest in equity index ETFs, particularly in Canada, underscore the region's potential for continued growth in the ETF sector.
North America ETF Industry Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Fund Inflows is Driving the ETF Market
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1.3 Market Restraints
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1.3.1 Underlying Fluctuations and Risks are Restraining the Market
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1.4 Market Opportunities
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1.4.1 Product Innovations and Digitalization will Create Opportunities to New Entrants
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1.5 Insights on Technology Adoption of the Business Landscape of ETF Industry
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1.6 Insights on Industry Policies And Government Regulations on ETF industry of North America
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1.7 Industry Value Chain Analysis
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1.8 Industry Attractiveness: Porter's Five Forces Analysis
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1.8.1 Threat of New Entrants
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1.8.2 Bargaining Power of Buyers/Consumers
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1.8.3 Bargaining Power of Suppliers
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1.8.4 Threat of Substitute Products
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1.8.5 Intensity of Competitive Rivalry
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1.9 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Fixed Income ETFs
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2.1.2 Equity ETFs
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2.1.3 Commodity ETFs
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2.1.4 Currency ETFs
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2.1.5 Real Estate ETFs
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2.1.6 Specialty ETFs
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2.2 By Geography
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2.2.1 United States
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2.2.2 Canada
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2.2.3 Rest of North America
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North America ETF Industry Market Size FAQs
How big is the North America ETF Industry?
The North America ETF Industry size is expected to reach USD 8.06 trillion in 2024 and grow at a CAGR of 14% to reach USD 15.52 trillion by 2029.
What is the current North America ETF Industry size?
In 2024, the North America ETF Industry size is expected to reach USD 8.06 trillion.