Private Debt Market to Surpass USD 3.5 Trillion by 2032 at 11.2% CAGR Driven by Alternative Lending Boom
The global Private Debt market reached an estimated USD 1.6 trillion in 2023 and is projected to grow at a CAGR of 11.2% from 2024 to 2032, exceeding USD 3.5 trillion. The market recorded year-over-year growth of 9.4% in 2022 and 10.1% in 2023, supported by rising demand for non-bank financing and institutional investor participation.
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