Market Size of US Pension Funds Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.14 Trillion |
| Market Size (2029) | USD 9.40 Trillion |
| CAGR (2024 - 2029) | 8.90 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Pension Funds Market Analysis
The US Pension Funds Market size in terms of assets under management value is expected to grow from USD 6.14 trillion in 2024 to USD 9.40 trillion by 2029, at a CAGR of 8.90% during the forecast period (2024-2029).
A pension fund is an investment made to provide for retirement income. Pension funds have traditionally invested in bonds and equities with long-term investment horizons, and given the market volatility, they have diversified their portfolios by allocating funds to alternatives like hedge funds, private equity, real estate, and others. COVID-19 had a negative impact on various economies, which resulted in impacting retirement savings, retirement savings schemes, providers, regulators, and supervisors, potentially leading to further lowering the income from the retirement fund market.
In recent years, the market has witnessed intense reform efforts in countries around the globe, often involving increased use of funded pension programs managed by the private sector. These funded arrangements are likely to play an increasingly important role in delivering retirement income in many countries, and privately managed pension assets will play an increasing role in financial markets, notably as a source of long-term savings.
