Further, due to the wide range of investment options and economic situations, real estate wealth managers may employ foreign real estate funds to diversify more efficiently. Also, metropolitan areas in the region are leading the struggle in terms of population and economic development. As a result, urban areas have the most profitable and opportunity-rich assets management software real estate marketplaces. The region's profitability of real estate investments is significantly correlated with GDP growth and population changes.
Global Wealth Management Platform Market To Experience A Tremendous Growth In Near Future 2019-2028
Dublin, Dec. 09, 2022 (GLOBE NEWSWIRE) -- The "Malaysia NFT Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - Q2 2022" report has been added to ResearchAndMarkets.com's offering.NFT industry in Malaysia is expected to grow by 49.9% on an annual basis to reach US$536.7 million in 2022.The NFT industry is expected to grow steadily over the forecast period, recording a CAGR of 35.7% during 2022-2028. The NFT Spend Value in the country will increase from US$536.7 million in 2022 to reach US$3028.8 million by 2028.Non-fungible tokens (NFTs), which have recorded significant growth globally, also see phenomenal growth in Malaysia. Many Malaysian artists have ventured into the NFT space over the last two years as they seek to capitalize on the growing trend and earn financial freedom through NFTs.With NFTs helping industry players make art more accessible to the public and widening the pool of collectors, NFTs are expected to surpass the conventional art market auctions as it continues to gain wider acceptance and accessibility with buyers in art auctions. The growing NFT momentum in the country has disrupted the local art scene ecosystem. In 2021, Malaysian graffiti artist, Katun, made more than RM 1.6 million through the sale of the NFT collection, which was sold out within 24 hours.Since then, many artists have entered the NFT space in Malaysia as more and more people see NFTs as the future of ownership. In this growing awareness and adoption of NFTs, several local NFT marketplaces have emerged and have recorded strong growth in the country. There has been a significant spike in Malaysia's NFT transaction value and volume over the last 12 months.Corporations and associations have jumped onto the NFT bandwagon to mint their artwork. Amid this growing trend for NFTs in Malaysia, it has become crucial for art galleries to change their mindset and embrace digital assets, or they will be left behind. One Malaysian art gallery that has embraced NFTs is the Kelantan Art Gallery, featured on a local NFT platform, Pentas.io.With the NFT adoption rate being one of the highest in Malaysia, the growing popularity of digital assets among the general public is expected to further drive market growth over the next three to four years.Adoption of NFTs across different industries is expected to further drive market growth in MalaysiaThe popularity of NFTs has surged significantly over the last 12 months among Malaysians. With the trend expected to continue from the short to medium-term perspective, the publisher expects more and more brands to enter the NFT space in Malaysia. Already, several different brands across industries, such as fashion and quick-service restaurants, have jumped onto the NFT bandwagon in the country.
The compound annual growth rate (CAGR) of the asset management market has varied over time, depending on economic conditions and other factors. In recent years, the asset management industry has experienced strong growth, driven by a variety of factors such as the increasing global wealth, the growth of emerging markets, and the increasing complexity of financial markets.
The global protein system is reconfiguring rapidly. All food value chain players can consider their product strategy and participation in alternative proteins markets. By understanding the future consumer and investing now to reap future rewards, firms can cement themselves as leaders in this high-growth market and may generate enormous returns as consumer adoption and technologies advance.
Global food demand is rising, and expanding land-based production is fraught with environmental and health concerns. Because seafood is nutritionally diverse and avoids or lessens many of the environmental burdens of terrestrial food production, it is uniquely positioned to contribute to both food provision and future global food and nutrition security. Our estimated sustainable supply curves of food from the sea suggest substantial possibilities for future expansion in both wild fisheries and mariculture. The potential for increased global production from wild fisheries hinges on maintaining fish populations near their most-productive levels. For underutilized stocks, this will require expanding existing markets. For overfished stocks, this will require adopting or improving management practices that prevent overfishing and allow depleted stocks to rebuild. Effective management practices commonly involve setting and enforcing science-based limits on catch or fishing effort, but appropriate interventions will depend on the biological, socioeconomic, cultural and governance contexts of individual fisheries. Effective management will be further challenged by climate change, species composition changes in marine ecosystems and illegal fishing. Directing resources away from subsidies that enhance fishing capacity towards building institutional and technical capacity for fisheries research, management and enforcement will help to meet these challenges. Increased mariculture production will require management practices and policies that allow for environmentally sustainable expansion, while balancing the associated trade-offs to the greatest extent possible; this principle underpins the entire analysis. We find that substantial expansion is realistic, given the costs of production and the likely future increase in demand.
The global real estate crowdfunding market registered a value of USD 120,740.9 million in the year 2019 and is further expected to gain a soaring revenue of USD 851,308.6 million by the end of 2028, by growing at a CAGR of 33.4% during the forecast period, i.e., 2020-2028. Growing industrialization across the world, which is propelling commercial real estate activities, coupled with the favorable regulations for real estate crowdfunding by the government of several economies globally, are some of the key factors anticipated to drive the market growth throughout the forecast period. Additionally, rising trends for the adoption of bitcoin cryptocurrency by the real estate crowdfunding platforms are also anticipated to drive market growth in the coming years.
Crowdfunding is a new and revolutionary way for business owners to raise money for their business, not by asking one investor for a huge investment, but by reaching out to a large pool of small investors who contribute a small amount of money in real estate projects. Before the jumpstart our business startups (JOBS) act of 2012, investing in real estate was conducted only by investing in physical properties or investing in real estate investment trusts (REITs). With the growing awareness for crowdfunding platforms amongst the investors, they can now buy a portion of the real-assets instead of buying the whole property. Moreover, backed by the growing digitalization, along with the proliferation of advanced technologies in the real estate industry, real estate firms have shifted their preferences from the traditional way of raising large-scale investments by increasingly preferring digital funding procurement methods and other real estate crowdfunding tools that focuses on crowdsourcing for funding the commercial real estate projects. Consecutively, the increasing adoption of blockchain for private funding in commercial real estate activities is further projected to have a significant influence on the growth of the global real estate crowdfunding market during the forecast period. The market is further forecasted to cross USD 113,000 million by the end of 2021.
The global real estate crowdfunding market is segmented by regions into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Among the market in these regions, the market in the Asia Pacific is projected to hold the largest market share of 53.20% by the end of 2021. The growth of the market in the region can be attributed primarily to the growing number of commercial real estate activities in the region, backed by the increasing industrialization, and therefore the need for funding of different real-estate projects. Additionally, the growing popularity of lending-based platforms, along with the favorable initiatives of the government for crowdfunding regulations, are some of the additional factors anticipated to drive the market growth during the forecast period. CLICK TO DOWNLOAD SAMPLE REPORT
Blockchain technology has made real estate transactions more straightforward and faster than ever. It is used increasingly for developing smart contracts and tokenization. Blockchain-based real estate crowdfunding encompasses a regulated, decentralized listing, property financing, and managing platform. It reorganizes rental agreements, assets, property task management, purchase/sale agreements, and related services on the blockchain. Blockchain technology facilitates peer-to-peer financing for real estate projects and reorganizes real estate necessities by permitting investors and proprietors to share funds and data efficiently and securely. The technology helps to eliminate intermediaries, reduces deception & frauds, and makes information more manageable. Further, blockchain real estate crowdfunding platform fast-tracks risk evaluation and investment proceedings. Such factors are anticipated to drive the growth of the global real estate crowdfunding market in the coming years. 2ff7e9595c
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