Merchant Banking Services Market Report 2026

The merchant banking services market size has grown rapidly in recent years. It will grow from $63.61 billion in 2025 to $74.34 billion in 2026 at a compound annual growth rate (CAGR) of 16.9%. The growth in the historic period can be attributed to increasing corporate fundraising activities, expansion of capital markets participation, growth in cross-border trade transactions, rising demand for professional financial advisory, increased use of syndicated financing structures.

The merchant banking services market size is expected to see rapid growth in the next few years. It will grow to $138.14 billion in 2030 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to growing demand for digital-first merchant banking services, rising focus on regulatory compliance advisory, expansion of emerging market corporate finance needs, increasing adoption of ai-driven financial analysis, growth in private capital and alternative investments. Major trends in the forecast period include increasing adoption of digital advisory platforms, rising demand for structured finance solutions, growing focus on ipo and capital market advisory, expansion of cross-border trade financing services, enhanced emphasis on risk and compliance advisory.

The rise in foreign investment is expected to propel the growth of the merchant banking services market going forward. Foreign investment refers to the investment of money by people or organizations from one country into another in many forms, including direct investment, portfolio investment, and foreign aid. Merchant banking services help foreign investors by providing advice on the local market, helping to identify potential investment opportunities, and arranging financing. For instance, in July 2024, the Bureau of Economic Analysis (BEA), a US-based government agency, reported that foreign direct investment in the United States position increased $3.46 trillion in 2023 compared to $3.37 trillion in 2022. Therefore, the rise in foreign investment is driving the growth of the merchant banking services market.

The expansion in international trade and commerce is expected to propel the growth of the merchant banking services market going forward. International trade and commerce refer to the exchange and transactions of goods, services, and capital across national borders among various countries or regions. International trade and commerce facilitate economic growth and specialization through the exchange of goods and services across borders, fostering global interconnectedness and resource optimization. For instance, in December 2023, according to the Bureau of Economic Analysis, a US-based Department of Commerce, the US witnessed a rise in its monthly international trade deficit, climbing from a revised $61.2 billion in September to $64.3 billion in October 2023. This uptick was primarily driven by a surge in imports. Specifically, the goods deficit expanded by $3.5 billion to reach $89.8 billion in October, while the services surplus saw a modest increase of $0.4 billion, reaching $25.5 billion during the same period. Therefore, the expansion in international trade and commerce is driving the growth of the merchant banking services market.

In March 2023, HSBC Holdings PLC, a UK-based financial services company, acquired Silicon Valley Bank UK Limited for $1.09 billion. With this acquisition, HSBC aimed to strengthen its commercial banking franchise and expand its ability to serve innovative and fast-growing businesses, including the technology and life sciences sectors, across the UK and globally. Silicon Valley Bank UK Limited is a UK-based financial and merchant banking service provider to technology companies, venture capital firms, and private equity firms.

Major companies operating in the merchant banking services market are JPMorgan Chase & Co., Bank of America Corporation, DBS Bank Ltd., Morgan Stanley & Co. LLC, Credit Suisse Group AG, NIBL Ace Capital Limited, Bryant Park Capital, HSBC Bank USA N.A., Royal Bank of Canada, The USA Capital Advisors LLC, Deutsche Bank AG, Citigroup Inc., The Goldman Sachs Group Inc., UBS Group AG, Wells Fargo and Co., Barclays plc, BNP Paribas SA, Societe Generale Group, Mizuho Financial Group, Sumitomo Mitsui Financial Group, Nomura Holdings, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Standard Chartered plc, PNC Financial Services, Toronto Dominion Securities Inc., Scotiabank, National Bank of Canada Financial Inc.

North America was the largest region in the merchant banking services market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global merchant banking services market report during the forecast period. The regions covered in the merchant banking services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the merchant banking services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The merchant banking services market includes revenues earned by entities by providing merchant bank services such as portfolio services, mergers and acquisitions, initial public offerings (IPOs), and investment banking services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.