United States Financial Services Market Report and Forecast 2024-2032
Market Report I 2023-11-18 I 143 Pages I EMR Inc.
United States Financial Services Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States financial services market is aided by the growth of the global financial services sector, which is expected to grow at a CAGR of around 6% between 2024 and 2032. Aided by the increasing demand for cheaper loans and other financial services and growing urbanisation, the market is projected to significantly grow by 2032.
Financial services encompass a wide spectrum of services ranging from personal banking, loans, insurance, to investment-related solutions. In the United States, they stand as a pillar of economic strength, driving growth, facilitating businesses, and aiding personal financial aspirations. The seamless amalgamation of finance and technological innovation, often dubbed as fintech, has given rise to solutions that promise convenience, efficiency, and swifter transaction capabilities.
Swift gravitation towards digital banking and mobile-based financial solutions has become one of the growing United States financial services market trends. With consumers increasingly adopting digital lifestyles, the demand for online banking, digital payments, and even complex solutions like robo-advisors for investments has risen. Additionally, the comfort in using these platforms, combined with their ability to offer real-time data and analytics, ensures that their adoption rate continues to grow further.
The United States financial services market growth is further fuelled by the start-ups and the venture capital ecosystem. The United States has been a support for several fintech startups. Their innovative solutions, often centred around user experience and interface, are redefining traditional banking norms.
The United States financial services market size is aided by the growing demand for personalised financial solutions. Modern consumers, backed by data analytics and AI-driven insights provided by financial platforms, seek customised solutions. Be it insurance that caters to specific needs or investment solutions moulded by personal risk appetites, the demand for tailored financial products is important.
The United States financial services market analysis highlights the crucial role of regulations and the regulatory bodies that oversee the vast landscape of financial services. These bodies ensure the sector's integrity, safeguarding both the consumers and the institutions. In the digital age, they play a crucial part in establishing cybersecurity norms and ensuring data privacy, factors that immensely contribute to user confidence and trust.
Market Segmentation
The market can be divided based on type, size of business, end-use, and region.
Market Breakup by Type
- Banking
- Advisory
- Wealth Management
- Mutual Funds
- Insurance
- Others
Market Breakup by Size of Business
- Small and Medium Business
- Large Business
Market Breakup by End-Use
- Business-to-Business (B2B)
- Business-to-Consumer (B2C)
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States financial services market. Some of the major players explored in the report by Expert Market Research are as follows:
- JPMorgan Chase & Co.
- Bank of America Corporation
- Citigroup, Inc.
- Wells Fargo & Company
- U.S. Bancorp
- The Goldman Sachs Group Inc.
- TD Bank, N.A.
- MetLife, Inc
- Edward Jones Investments
- Nationwide Mutual Insurance Company
- Farmers Insurance Group
- Capital One Financial Corporation
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Financial Services Market Overview
8.1 Key Industry Highlights
8.2 Global Financial Services Historical Market (2018-2023)
8.3 Global Financial Services Market Forecast (2024-2032)
8.4 Global Financial Services Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 United States Financial Services Market Overview
9.1 Key Industry Highlights
9.2 United States Financial Services Historical Market (2018-2023)
9.3 United States Financial Services Market Forecast (2024-2032)
10 United States Financial Services Market by Type
10.1 Banking
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Advisory
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 Wealth Management
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Mutual Funds
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Insurance
10.5.1 Market Share
10.5.2 Historical Trend (2018-2023)
10.5.3 Forecast Trend (2024-2032)
10.6 Others
11 United States Financial Services Market by Size of Business
11.1 Small and Medium Business
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Large Business
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
12 United States Financial Services Market by End-Use
12.1 Business-to-Business (B2B)
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Business-to-Consumer (B2C)
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
13 United States Financial Services Market by Region
13.1 New England
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 Mideast
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Great Lakes
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 Plains
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Southeast
13.5.1 Market Share
13.5.2 Historical Trend (2018-2023)
13.5.3 Forecast Trend (2024-2032)
13.6 Southwest
13.6.1 Market Share
13.6.2 Historical Trend (2018-2023)
13.6.3 Forecast Trend (2024-2032)
13.7 Rocky Mountain
13.7.1 Market Share
13.7.2 Historical Trend (2018-2023)
13.7.3 Forecast Trend (2024-2032)
13.8 Far West
13.8.1 Market Share
13.8.2 Historical Trend (2018-2023)
13.8.3 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 JPMorgan Chase & Co.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Bank of America Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Citigroup, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Wells Fargo & Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 U.S. Bancorp
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 The Goldman Sachs Group Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 TD Bank, N.A.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 MetLife, Inc
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Edward Jones Investments
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Nationwide Mutual Insurance Company
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Farmers Insurance Group
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Capital One Financial Corporation
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Financial Services Market: Key Industry Highlights, 2018 and 2032
2. United States Financial Services Market: Key Industry Highlights, 2018 and 2032
3. United States Financial Services Historical Market: Breakup by Type (USD Million), 2018-2023
4. United States Financial Services Market Forecast: Breakup by Type (USD Million), 2024-2032
5. United States Financial Services Historical Market: Breakup by Size of Business (USD Million), 2018-2023
6. United States Financial Services Market Forecast: Breakup by Size of Business (USD Million), 2024-2032
7. United States Financial Services Historical Market: Breakup by End-Use (USD Million), 2018-2023
8. United States Financial Services Market Forecast: Breakup by End-Use (USD Million), 2024-2032
9. United States Financial Services Historical Market: Breakup by Region (USD Million), 2018-2023
10. United States Financial Services Market Forecast: Breakup by Region (USD Million), 2024-2032
11. United States Financial Services Market Structure
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.