US Information Services "Private Market Data: A $30bn TAM in 2030; Who W..."

研报英文原文证据摘录

US Information Services "Private Market Data: A $30bn TAM in 2030; Who W..."

US Information Services UBS Research

Executive summary

Private Market Data: Serving a Growing Asset Class

Private markets have seen strong growth

Interest in private market assets has increased substantially in recent years as more and

more investors look to diversify their holdings, increase their returns, and reduce

exposure to market volatility. As of 2025, assets under management in private funds

totaled ~$15tr. Growth has been very strong, with a CAGR of 13% over the past 20

years.

Figure 1: Growth in Private Markets AUM Figure 2: Private Markets AUM by Fund Type

ark

e M

Private Market

vat s A

Pri

n

i

th

ow

Gr UM by Fu

ets AUM nd Type

Source: PitchBook, UBS Source: PitchBook, UBS

Note: $ in trillions Note: As of 2025

Asset growth should continue and maybe even accelerate

We believe private markets AUM could increase to over $30tr in the next five years,

supported by:

Institutional allocations remain below targeted levels

Private markets are increasingly becoming the primary venue for capital formation

Corporate lending and infrastructure spending demand is unlikely to be met by

traditional sources

The democratization of private asset investing (retail, retirement funds, etc)

Increased transparency from expanding data offerings driving trust

The growing asset class will demand more data

As capital continues to flow to private market assets, we believe investment offerings

will increase in size, number, and scope. This should drive increased demand for product

offerings that enable deal sourcing, valuation, monitoring, reporting, transparency,

comparison, and distribution. Additionally, increased retail participation will likely drive

greater disclosure.