APAC Private Banking Market Growth Seen at 9.43% CAGR to 2031

The APAC private banking market is forecast to grow at a 9.43% compound annual rate from 2026 to 2031, expanding from USD44.3bn in 2025 to USD76.05bn by 2031, Mordor Intelligence said, pointing to APAC private banking market growth.

The market is expected to reach USD48.47bn in 2026, up from USD44.3bn in 2025, as rising high-net-worth populations and large inter-generational wealth transfers lift demand for advice and discretionary mandates.

Banks are also investing more in technology such as AI-driven portfolio tools and ESG analytics, while higher anti-money laundering and reporting compliance costs reshape operating models, according to an Asian Banking & Finance summary, supporting APAC private banking market growth.