The luxury asset investment hub market industry is projected to grow from significant value by 2032, exhibiting a compound annual growth rate (CAGR) of 8.00% during the forecast period (2023 - 2032). Rising consumer demand and rising environmental concerns are the main market drivers anticipated to propel the luxury asset investment hub market in the Europe.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Government in the Europe is proving incentives to key market players are anticipated to drive the market growth during the forecast period. Major market players are investing in various luxury assets. By utilizing government funds key companies are growing at faster pace in this industry. Various industry players are participating in mergers and acquisitions by using government incentives to grow in the market. All these factors are projected to boost the Europe luxury asset investment hub market growth.
In addition, technological advancements in luxury asset hub anticipated to propel the market growth during the forecast period. As pressure for Environmental, Social, and Government (ESG) commitments rises across sectors, the benefits of new technology in the luxury asset hub include more customer involvement, higher operational performance, and a lower carbon footprint. The luxury goods business is rapidly adopting new technologies. Adoption is increasing from previous lows, and the rate is quickening, thanks to increased testing among luxury houses and a cultural shift that is lowering technological hurdles. All the above factors are driving the market growth.
The Europe Luxury Asset Investment Hub market segmentation, based on type includes Cloud-based and Web-based. The cloud-based segment dominated the market mostly. Cloud-based luxury asset management software takes the spotlight, combining traditional physical asset management methods with sophisticated digital capabilities. With technology such as barcodes sending data into the cloud, a complete asset investment plan that bridges the digital and physical worlds is developed which is propelling the market growth.
Figure 1: Europe Luxury Asset Investment Hub Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Europe Luxury Asset Investment Hub market segmentation, based on application includes large enterprises and SMES. The large enterprises category generated the most income. A better supply chain, lower energy prices, and lower raw material prices help to offset and feed the large enterprises sector. Sales and margin performance in large enterprises and online survey based on Computer Assisted Web Interviewing (CAWI) on the macroeconomic have positive influence on luxury market assets. Interviews with the top management of private equity funds and digitalization as a new type of brand activation, the construction of a remained premium experience, and a new method of growing their client base to a wider public are the major factors driving the segment growth during the forecast period.
Increasing opportunities for investment in real estate industry projected to drive the market expansion during the forecast period. Real estate fundamentals are solid, particularly for high-quality assets in sectors with compelling supply and demand dynamics, such as housing, hotels, research and innovation, and logistics. Europe's position as a regulatory leader in environmental, social, and corporate governance (ESG) is also presenting appealing chances to produce value and meet growing demand for sustainable properties. Ageing populations in Europe continue to put strain on the health-care system, prompting both the public and commercial sectors to invest heavily in life sciences and medical research.
Figure 2: Europe Luxury Asset Investment Hub market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the luxury asset investment hub market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, luxury asset investment hub industry must offer cost-effective items.
Major players in the luxury asset investment hub market are attempting to increase market demand by investing in research and development operations includes LUXUS; RLBLC; Rally; Konvi; Petale; KYOI; Gold Gate; Wombat; and TEND.
November 2023: JPMorgan announced that it is partnering with Bpifrance to invest $60 million in private investment firms managed by women in France, the bank's second-largest European trading and investment banking base after London.
June 2023: According to European Real Estate, government R&D funding in the Europe increased by 6% from 2020 to 2021, reaching $109 billion. Similarly, venture capital funding in the United Kingdom hit record levels in 2021. Venture capital assistance as a leading predictor of creative enterprises desire for real estate.
| Report Attribute/Metric | Details |
| Market Size 2022 | Significant Value |
| Market Size 2023 | Significant Value |
| Market Size 2032 | Significant Value |
| Compound Annual Growth Rate (CAGR) | 8.00% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application and Region |
| Countries Covered | Germany, France, UK, Italy, Spain, Sweden, Denmark, Luxembourg, Norway, Austria, and Rest of Europe   |
| Key Companies Profiled | LUXUS; RLBLC; Rally; Konvi; Petale; KYOI; Gold Gate; Wombat; and TEND. |
| Key Market Opportunities | ·      Strategic alliance between large enterprises and SMES players for luxury asset investment. ·      Rise in the number of new investors, and robust technological advancements by current market participants. |
| Key Market Dynamics | ·      Increasing income of the population which lead to investment in the luxury assets. ·      Rising demand for investment in real estate industry. |
Frequently Asked Questions (FAQ) :
The Europe Luxury Asset Investment Hub market size was valued at USD Significant Value in 2022.
The market is projected to grow at a CAGR of 8.00% during the forecast period, 2023-2032.
The key players in the market are LUXUS; RLBLC; Rally; Konvi; Petale; KYOI; Gold Gate; Wombat; and TEND.
The cloud-based category dominated the market in 2022.
The Large Enterprises category had the largest share in the market.
Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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