2020 Foresight Non Resident Indians

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Date Submitted: 04/19/2016 05:13 AM

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This report is the result of WealthInsight’s extensive research covering the Non-Resident Indians (NRIs) population and the NRIs' wealth management market, This report focuses on the Indian diaspora, which is the largest among non-resident South Asians. The report examines non-resident Indians (NRIS)’ investment attitudes and behaviour, sources of wealth and demographics. It also includes market size and forecast data for NRIs from WealthInsight’s proprietary wealth model.

Complete Report Available at http://www.rnrmarketresearch.com/2020-foresight-non-resident-indians-market-report.html

Market size and forecast data for NRIs from WealthInsight’s proprietary wealth model. Non-resident Indians (NRIs)’ investment attitudes and behaviour, sources of wealth and demographics. Key growth drivers of the wealth management market for NRIs, along with key market trends and growth opportunities. NRIs’ investment trends and drivers, and the marketing and growth strategies adopted by various banks and wealth management service providers to increase their shares in the NRI wealth management sector. The total number of NRI millionaires was approximately 236,000 in 2015 with an average wealth of over US$3.83 million. The US accounted for the largest proportion of NRI millionaires, followed by the UK, the UAE, Canada, Hong Kong, Singapore and Indonesia. Gulf countries accounted for the largest share of remittances to India at US$72.17 billion in 2015. The value of the worldwide wealth management market for NRI millionaires valued at US$788 billion in 2015 and is expected to increase to US$1.284 trillion in 2020.

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List of Figures

Figure 1: Geographical Spread of the Overseas Indian Population, 2015

Figure 2: NRI Millionaires – Populations by Country (%), 2015

Figure 3: NRI Millionaires – Total Wealth (US$ Billion), 2016–2020

Figure 4: NRI Millionaires – Wealth by Country...