Market Insights Financial Corporate Finance

Investment Banking - ASEAN

ASEAN

The revenue in the Investment Banking market is projected to reach US$11.64bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 2.59% resulting in a projected total amount of US$13.23bn by 2029.
From a global comparison perspective, it is shown that the highest revenue is reached in the United States (US$130.10bn in 2024).

Market

Region

Region comparison

Currency

Analyst Opinion

The Investment Banking market in ASEAN has been experiencing significant growth and development in recent years.

Customer preferences: Customers in the ASEAN region are increasingly seeking personalized and innovative investment banking services tailored to their specific needs and risk appetites. They are looking for comprehensive financial solutions that encompass a wide range of services, including mergers and acquisitions, capital raising, and advisory services.

Trends in the market: In Singapore, one of the leading financial hubs in ASEAN, there is a growing trend towards sustainable and green investments. Investors are showing a preference for companies that prioritize environmental, social, and governance (ESG) criteria. This trend is driving the demand for ESG-focused investment banking services, such as green bonds and sustainability-linked loans.

Local special circumstances: In Indonesia, the largest economy in ASEAN, the Investment Banking market is influenced by the country's diverse and dynamic business landscape. The market is characterized by a mix of state-owned enterprises, family-owned businesses, and multinational corporations, creating unique opportunities and challenges for investment banks operating in the country.

Underlying macroeconomic factors: The economic integration within ASEAN, driven by initiatives such as the ASEAN Economic Community (AEC), is fostering cross-border investments and collaborations in the region. This increased economic cooperation is fueling the demand for investment banking services that facilitate cross-border mergers and acquisitions, capital market transactions, and strategic partnerships among ASEAN countries. Additionally, the region's young and digitally-savvy population is driving the adoption of fintech solutions in the investment banking sector, leading to increased efficiency and accessibility of financial services.

Methodology

Data coverage:

Figures are based on the revenue generated by the Investment Banking market, as well as the transaction value, the number of transactions, and the average transactions size of the Mergers and Acquisitions (M&As) and Initial Public Offerings (IPOs) markets.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach and are based on a specific rationale for each market. As a basis for evaluating markets, we use market research and analysis, as well as data from annual financial reports. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus, such as GDP, wealth per capita, and total investment (% of GDP). This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita and total investment (% of GDP).

Additional Notes:

The market is updated twice per year in the event that market dynamics change.