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 |
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North America ETF Industry Market Analysis
The North America ETF Industry in terms of assets under management value is expected to grow from USD 7.07 trillion in 2023 to USD 13.61 trillion by 2028, at a CAGR of 14% during the forecast period (2023-2028).
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.
