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MARKET DEFINITION
Robo Advisory is an automated, digital platform that gives algorithm-driven financial advice with minimal to no human supervision. Before using that information to offer advice and automatically invest on your behalf, a typical Robo Advisory takes an online survey to gather information about a customer's financial situation and future goals. The best Robo Advisory has many features, including quick account setup, full goal planning, account services, and portfolio management. Additionally, they offer fair prices, comprehensive training, attentive customer service, and security measures.
MARKET DYNAMICS
The main factor propelling the global Robo Advisory market is the sheer benefits of automating financial management for individuals based on algorithms. Robo Advisory is increasingly widely used by small investors to track the progress of their portfolios since it is accessible at cheap starting costs, offers lucrative returns, and is transparent. It is also radically different from traditional investment plans provided by the banking industry. In some rising economies, it has been noted that the present and incoming generations are computer savvy and favor digital technologies. The providers of financial advice are likewise embracing new technologies since they can enable them to service a wider consumer base quickly.
REPORT SCOPE
The report titled “Global Robo Advisory Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Robo Advisory market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Robo Advisory market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Robo Advisory Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.
GEOGRAPHICAL OVERVIEW
The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.
MARKET SEGMENTATION
The Global Robo Advisory Market is segmented based on Type, Application, End User, and region. Based on Type, the market has been segmented into Pure Robo Advisory and Hybrid Robo Advisory, whereas based on Application, the market comprises Equity Shares, Bonds and Others. Based on End User, the market has been segmented into Individual and Commercial.
COMPETITION LANDSCAPE
The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Robo Advisory market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Robo Advisory market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Robo Advisory market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Robo Advisory industry in the past three years.
Key players in the Global Robo Advisory Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:
COVID-19 IMPACT ANALYSIS ON GLOBAL ROBO ADVISORY MARKET
The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.
In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.
Report Attribute/Metric |
Details |
Market Size |
In USD Million |
CAGR |
In % (2022-2028) |
Base Year |
2021 |
Forecast Period |
2022 – 2028 |
Historical Data |
2017 to 2021 |
Forecast Unit |
Value (US$ Mn) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors and Trends |
Geographies Covered |
North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Key Players Analyzed |
Betterment, Fincite GmbH, Wealthfront Corporation., The Vanguard Group, Inc., Charles Schwab & Co., Inc., Ellevest, Ginmon Vermögensverwaltung GmbH, Wealthify Limited, Social Finance, Inc., SigFig Wealth Management |
Customization & Pricing |
Available on Request (10% Customization is Free) |
RESEARCH PROGRAM DESIGN
KEY QUESTIONS ANSWERED
REASONS FOR BUYING THIS REPORT:
Chapter 1. Executive Summary
1.1. Market Outlook
1.2. Market Segment Outlook
1.3. Geography Outlook
1.4. Absolute $ Opportunity
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Scope, Definition, and Assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary Data Mining
2.3.2. Primary Sources
2.3.2.1. Statistical End User
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key Trends
3.2.1. Type Trends
3.2.2. Application Trends
3.2.3. End User Trends
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.1.1. Impact Analysis of Market Drivers
3.3.2. Market Restraints
3.3.2.1. Impact Analysis of Market Restraints
3.3.3. Market Opportunities
3.3.3.1. Impact Analysis of Market Opportunities
3.3.4. Market Challenges
3.3.4.1. Impact Analysis of Market Challenges
3.4. Porter’s Five Forces’ Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of New Entrant
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. Value Chain Analysis: Global Robo Advisory Market
3.6. COVID-19 Impact Assessment in Robo Advisory Market
3.6.1. Impact Assessment on Global Robo Advisory Market
3.6.2. Market Trends and Opportunities in the Covid-19 Landscape
Chapter 4. Global Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
4.1. Global Robo Advisory Market Share, By Type, 2017 - 2028 (USD Million)
4.1.1. Pure Robo Advisory
4.1.2. Hybrid Robo Advisory
Chapter 5. Global Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
5.1. Global Robo Advisory Market Share, By Application, 2017 - 2028 (USD Million)
5.1.1. Equity Shares
5.1.2. Bonds
5.1.3. Others
Chapter 6. Global Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
6.1. Global Robo Advisory Market Share, By End User, 2017 - 2028 (USD Million)
6.1.1. Individual
6.1.2. Commercial
Chapter 7. Global Robo Advisory Market Overview, By Geography, 2017 - 2028 (USD Million)
7.1. Global Robo Advisory Market Share, By Geography, 2017 - 2028 (USD Million)
7.1.1. Market Application and Projections, by Countries, 2017 - 2028 (USD Million)
7.1.2. Market Share and CAGR Comparison, by Countries, 2021 (%)
Chapter 8. North America Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
8.1. North America Robo Advisory Market Overview, 2017 - 2028 (USD Million)
8.1.1. Market Application and projections, 2017 - 2028 (USD Million)
8.1.2. North America Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
8.1.3. North America Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
8.1.4. North America Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
8.2. North America Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
8.2.1. U.S. Robo Advisory Market Overview, 2017 - 2028 (USD Million)
8.2.1.1. U.S. Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
8.2.1.2. U.S. Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.1.3. U.S. Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.2. Canada Robo Advisory Market Overview, 2017 - 2028 (USD Million)
8.2.2.1. Canada Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
8.2.2.2. Canada Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.2.3. Canada Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.3. Mexico Robo Advisory Market Overview, 2017 - 2028 (USD Million)
8.2.3.1. Mexico Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
8.2.3.2. Mexico Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.3.3. Mexico Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
Chapter 9. Europe Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
9.1. Europe Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.1.1. Market Application and projections, 2017 - 2028 (USD Million)
9.1.2. Europe Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.1.3. Europe Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.1.4. Europe Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2. Europe Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
9.2.1. Germany Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.1.1. Germany Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.1.2. Germany Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.1.3. Germany Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.2. France Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.2.1. France Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.2.2. France Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.2.3. France Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.3. UK Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.3.1. UK Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.3.2. UK Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.3.3. UK Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.4. Italy Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.4.1. Italy Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.4.2. Italy Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.4.3. Italy Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.5. Spain Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.5.1. Spain Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.5.2. Spain Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.5.3. Spain Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.6. NORDIC Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.6.1. NORDIC Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.6.2. NORDIC Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.6.3. NORDIC Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.7. Russia and CIS Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.7.1. Russia and CIS Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.7.2. Russia and CIS Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.7.3. Russia and CIS Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.8. Rest of Europe Robo Advisory Market Overview, 2017 - 2028 (USD Million)
9.2.8.1. Rest of Europe Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
9.2.8.2. Rest of Europe Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.8.3. Rest of Europe Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
Chapter 10. Asia Pacific Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
10.1. Asia Pacific Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.1.1. Market Application and projections, 2017 - 2028 (USD Million)
10.1.2. Asia Pacific Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.1.3. Asia Pacific Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.1.4. Asia Pacific Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2. Asia Pacific Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
10.2.1. India Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.1.1. India Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.1.2. India Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.1.3. India Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.2. China Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.2.1. China Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.2.2. China Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.2.3. China Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.3. Japan Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.3.1. Japan Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.3.2. Japan Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.3.3. Japan Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.4. ASEAN Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.4.1. ASEAN Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.4.2. ASEAN Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.4.3. ASEAN Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.5. South Korea Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.5.1. South Korea Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.5.2. South Korea Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.5.3. South Korea Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.6. Australia Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.6.1. Australia Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.6.2. Australia Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.6.3. Australia Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.7. Rest of Asia Pacific Robo Advisory Market Overview, 2017 - 2028 (USD Million)
10.2.7.1. Rest of Asia Pacific Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
10.2.7.2. Rest of Asia Pacific Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.7.3. Rest of Asia Pacific Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
Chapter 11. South America Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
11.1. South America Robo Advisory Market Overview, 2017 - 2028 (USD Million)
11.1.1. Market Application and projections, 2017 - 2028 (USD Million)
11.1.2. South America Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
11.1.3. South America Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
11.1.4. South America Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
11.2. South America Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
11.2.1. Brazil Robo Advisory Market Overview, 2017 - 2028 (USD Million)
11.2.1.1. Brazil Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
11.2.1.2. Brazil Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.1.3. Brazil Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
11.2.2. Argentina Robo Advisory Market Overview, 2017 - 2028 (USD Million)
11.2.2.1. Argentina Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
11.2.2.2. Argentina Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.2.3. Argentina Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
11.2.3. Rest of South America Robo Advisory Market Overview, 2017 - 2028 (USD Million)
11.2.3.1. Rest of South America Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
11.2.3.2. Rest of South America Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.3.3. Rest of South America Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
Chapter 12. Middle East & Africa Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
12.1. Middle East & Africa Robo Advisory Market Overview, 2017 - 2028 (USD Million)
12.1.1. Market Application and projections, 2017 - 2028 (USD Million)
12.1.2. Middle East & Africa Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
12.1.3. Middle East & Africa Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
12.1.4. Middle East & Africa Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
12.2. Middle East & Africa Robo Advisory Market Overview, By Countries, 2017 - 2028 (USD Million)
12.2.1. GCC Robo Advisory Market Overview, 2017 - 2028 (USD Million)
12.2.1.1. GCC Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
12.2.1.2. GCC Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
12.2.1.3. GCC Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
12.2.2. South Africa Robo Advisory Market Overview, 2017 - 2028 (USD Million)
12.2.2.1. South Africa Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
12.2.2.2. South Africa Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
12.2.2.3. South Africa Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
12.2.3. Rest of Middle East & Africa Robo Advisory Market Overview, 2017 - 2028 (USD Million)
12.2.3.1. Rest of Middle East & Africa Robo Advisory Market Overview, By Type, 2017 - 2028 (USD Million)
12.2.3.2. Rest of Middle East & Africa Robo Advisory Market Overview, By Application, 2017 - 2028 (USD Million)
12.2.3.3. Rest of Middle East & Africa Robo Advisory Market Overview, By End User, 2017 - 2028 (USD Million)
Chapter 13. Competitive Landscape
13.1. Competitive Environment, 2021
13.2. Strategic Framework
13.2.1. Partnership/Collaborations/Agreement
13.2.2. Expansion
13.2.3. Mergers & Acquisitions
13.2.4. New Product Development
Chapter 14. Key Vendor Analysis
14.1. Betterment
14.1.1. Business Overview
14.1.2. Product Benchmarking
14.1.3. Financial Data
14.1.4. Strategic Overview
14.1.5. Key Developments
14.1.6. SWOT Analysis
14.2. Fincite GmbH
14.2.1. Business Overview
14.2.2. Product Benchmarking
14.2.3. Financial Data
14.2.4. Strategic Overview
14.2.5. Key Developments
14.2.6. SWOT Analysis
14.3. Wealthfront Corporation.
14.3.1. Business Overview
14.3.2. Product Benchmarking
14.3.3. Financial Data
14.3.4. Strategic Overview
14.3.5. Key Developments
14.3.6. SWOT Analysis
14.4. The Vanguard Group, Inc.
14.4.1. Business Overview
14.4.2. Product Benchmarking
14.4.3. Financial Data
14.4.4. Strategic Overview
14.4.5. Key Developments
14.4.6. SWOT Analysis
14.5. Charles Schwab & Co., Inc.
14.5.1. Business Overview
14.5.2. Product Benchmarking
14.5.3. Financial Data
14.5.4. Strategic Overview
14.5.5. Key Developments
14.5.6. SWOT Analysis
14.6. Ellevest
14.6.1. Business Overview
14.6.2. Product Benchmarking
14.6.3. Financial Data
14.6.4. Strategic Overview
14.6.5. Key Developments
14.6.6. SWOT Analysis
14.7. Ginmon Vermögensverwaltung GmbH
14.7.1. Business Overview
14.7.2. Product Benchmarking
14.7.3. Financial Data
14.7.4. Strategic Overview
14.7.5. Key Developments
14.7.6. SWOT Analysis
14.8. Wealthify Limited
14.8.1. Business Overview
14.8.2. Product Benchmarking
14.8.3. Financial Data
14.8.4. Strategic Overview
14.8.5. Key Developments
14.8.6. SWOT Analysis
14.9. Social Finance, Inc.
14.9.1. Business Overview
14.9.2. Product Benchmarking
14.9.3. Financial Data
14.9.4. Strategic Overview
14.9.5. Key Developments
14.9.6. SWOT Analysis
14.10. SigFig Wealth Management
14.10.1. Business Overview
14.10.2. Product Benchmarking
14.10.3. Financial Data
14.10.4. Strategic Overview
14.10.5. Key Developments
14.10.6. SWOT Analysis
Chapter 15. Future Outlook of the Market
Published On:Oct-22
Base Year:2021
Historical Data:2019-2020
No of Pages:250
Robo Advisory Market Growth, Trends and Forecast t...
RD Code : IT22