North America ETF Industry Market Size
| 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 |
North America ETF Industry Market Analysis
The North America ETF Industry is expected to grow from USD 8.06 trillion in 2024 to USD 15.52 trillion by 2029, at a CAGR of 14% during the forecast period (2024-2029).
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.
North America ETF Industry Market Trends
Rising Investment on Equity ETF
Equity ETFs have characteristics of mutual funds and the high return potential of stock investment. They are traded on the stock exchanges with the flexibility of buying and selling anytime within the trading sessions. Almost 45% of the investors in Canada have expressed an increase in interest in Equity Index ETF. In addition rising value of total net assets under the management of exchange-traded funds in the United States is creating a positive externality for the investment in Equity ETFs as well. Post COVID-19, the performance of stock market indices in the United States and Canada are observing a continuous increase, leading to a rise in interest among the population for investing in the products having a segment of investment in shares as well, for which Equity ETF has emerged as a major option.
United States Leading the Region
The number of ETFs in the United States has observed a continuous increase over the years existing at more than 2,700 in number with a continuous increase in assets under management. Last year more than 400 new ETFs were created in the country, helping in continuously driving the ETF market. Median household income in the country has observed a continuous increase over the years at more than USD 75,000 per year, driving the population to search for emerging investment products in the market. The types of ETFs existing in the United States include Index ETFs, International ETFs, Sector ETFs, thematic ETFs, and dividend ETFs, providing investors with a wide range of ETF products. Post Covid share share of Americans investing in stock markets had observed a continuous increase with more than 60% of the population investing in and driving the market for ETF linked with stocks and equities.
North America ETF Industry Industry Overview
The North American ETF Industry is moderately fragmented, with a continuous increase in the number of players entering the market. The adoption of digital technologies for investments is driving the asset under the management of the ETF market. Some of the major players in the North America ETF market include Invesco, JP Morgan, Vanguard, i-shares - BlackRock, and WisdomTree Investments.
North America ETF Industry Market Leaders
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Invesco
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JP Morgan
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Vanguard
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ishares - BlackRock
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WisdomTree Investments
*Disclaimer: Major Players sorted in no particular order
North America ETF Industry Market News
- August 2023: LG collaborated with financial technology firm Qraft Technologies to launch an ETF in the United States. The collaboration was formed to form a strategic technological development alliance between LG and SoftBank-backed Qraft, which has four US-listed ETFs with AI-managed assets. The two companies established a new ETF that includes approximately 100 large-cap companies.
- July 2023: Toronto-based Brompton Funds Limited introduced a new ETF that invests exclusively in the preferred shares of split corporations, the first fund of its kind in Canada. The ETF intends to cover all preferred share split issues in the market and provides split share exposure for investors.
North America ETF Industry Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Fund Inflows is Driving the ETF Market
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4.3 Market Restraints
- 4.3.1 Underlying Fluctuations and Risks are Restraining the Market
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4.4 Market Opportunities
- 4.4.1 Product Innovations and Digitalization will Create Opportunities to New Entrants
- 4.5 Insights on Technology Adoption of the Business Landscape of ETF Industry
- 4.6 Insights on Industry Policies And Government Regulations on ETF industry of North America
- 4.7 Industry Value Chain Analysis
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4.8 Industry Attractiveness: Porter's Five Forces Analysis
- 4.8.1 Threat of New Entrants
- 4.8.2 Bargaining Power of Buyers/Consumers
- 4.8.3 Bargaining Power of Suppliers
- 4.8.4 Threat of Substitute Products
- 4.8.5 Intensity of Competitive Rivalry
- 4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Fixed Income ETFs
- 5.1.2 Equity ETFs
- 5.1.3 Commodity ETFs
- 5.1.4 Currency ETFs
- 5.1.5 Real Estate ETFs
- 5.1.6 Specialty ETFs
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5.2 By Geography
- 5.2.1 United States
- 5.2.2 Canada
- 5.2.3 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 iShares - BlackRock
- 6.2.2 Vanguard
- 6.2.3 Invesco
- 6.2.4 WisdomTree
- 6.2.5 State Street
- 6.2.6 First Trust
- 6.2.7 Schwab ETFs
- 6.2.8 Goldman Sachs
- 6.2.9 BMO Asset Management
- 6.2.10 JP Morgan*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityNorth America ETF Industry Industry Segmentation
An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, a bond, or a basket of assets like an index fund. The study gives a brief description of the North American ETF industry. It includes details on the regulatory environment, ETF providers, and their business models, along with detailed market segmentation, product types, revenues, dividends, current market trends, and changes in the North American ETF market dynamics. The North American ETF industry is segmented by ETF type and by geography. By ETF type, the market is segmented into equity ETF, fixed income ETF, real estate ETF, commodity ETF, currency ETF, and specialty ETF. By geography, the market is segmented into the United States, Canada, and the rest of North America. The report offers market size and forecasts for the North American ETF industry in value (USD) for all the above segments.
| By Type | Fixed Income ETFs |
| Equity ETFs | |
| Commodity ETFs | |
| Currency ETFs | |
| Real Estate ETFs | |
| Specialty ETFs | |
| By Geography | United States |
| Canada | |
| Rest of North America |
North America ETF Industry Market Research FAQs
How big is the North America ETF Industry?
The North America ETF Industry size is expected to reach USD 8.06 trillion in 2024 and grow at a CAGR of 14% to reach USD 15.52 trillion by 2029.
What is the current North America ETF Industry size?
In 2024, the North America ETF Industry size is expected to reach USD 8.06 trillion.
Who are the key players in North America ETF Industry?
Invesco, JP Morgan, Vanguard, ishares - BlackRock and WisdomTree Investments are the major companies operating in the North America ETF Industry.
What years does this North America ETF Industry cover, and what was the market size in 2023?
In 2023, the North America ETF Industry size was estimated at USD 6.93 trillion. The report covers the North America ETF Industry historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America ETF Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America ETF Industry Industry Report
Statistics for the 2024 North America ETF market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America ETF analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
