Asset-Backed Securities Industry Statistics 2024: Market Size, Trends, and ESG Impact

<h2>Editorâs Choice: Key Trends</h2>
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<li><strong>Global ABS market size</strong> is expected to surpass <strong>$2.2 trillion</strong> by the end of 2024, reflecting a steady <strong>compound annual growth rate (CAGR) of 5.7%</strong> over the past decade.</li>
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<li>The <strong>US ABS market</strong> continues to dominate, accounting for nearly <strong>$1.6 trillion</strong> in securities issued in 2023, representing approximately <strong>73% of the global market share</strong>.</li>
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<li><strong>Auto loan ABS</strong> remains the largest segment, with an issuance of <strong>$250 billion</strong> in 2023, showing an <strong>8% year-over-year increase</strong> due to rising vehicle sales and financing demand.</li>
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<li><strong>Student loan ABS</strong> saw a significant increase in issuance, reaching <strong>$50 billion</strong> in 2023, a jump of <strong>15% from 2022</strong>, driven by higher student enrollment and education costs.</li>
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<li><strong>Mortgage-backed securities (MBS)</strong> also contribute significantly, with new issuances totaling <strong>$400 billion</strong> in 2023, despite ongoing challenges in the housing market.</li>
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<li><strong>Credit card ABS</strong> issuance declined slightly to <strong>$100 billion</strong> in 2023, largely due to consumer spending shifts and increasing interest rates.</li>
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<li>The <strong>European ABS market</strong> experienced a resurgence, growing by <strong>10% year-on-year</strong>, fueled by regulatory reforms and demand for securitized products in the <strong>$600 billion</strong> market.</li>
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