The global financial management insurance market is projected to grow steadily in the coming years, increasing from $5.47 billion in 2025 to $7.16 billion by 2029.
This represents a compound annual growth rate (CAGR) of 7%, according to The Business Research Company.
In 2024, the market was valued at $45.09 billion and grew at a rate of 7.3%. This growth is driven by rising demand for retirement plan products, greater awareness of financial security, increasing middle-class incomes, expanded insurance distribution channels, and government tax incentives.
Looking ahead, the market’s growth will be fueled by comprehensive financial planning, more flexible insurance policies, and a growing interest in integrated financial advisory services.
North America led the market in 2024, while Asia-Pacific is expected to see the fastest growth during the forecast period.
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