Robo-Advisor Market is expected to reach US $ 71.30 Bn by 2029, at a CAGR of 31.8% during the forecast period.Robo-Advisor Market Overview:
Robo-advisory is basically an automated, algorithm-based portfolio management service provided by wealth management companies. Robo-advisors provide an automated service that builds investment portfolio, tracks and re-balances, eliminating the burden of having to make these investment decisions of the customers. Robo advisors are beginning to pick up steam, and these online financial consultants are starting to take major business away from legacy businesses. Robo-advisors are digital systems with little or no human oversight that offer automated and algorithm-driven financial planning services. During the financial crisis of 2008, when small investors had cash surpluses when they pulled money out of equities and interest rates reached zero, the notion of robo-advisors began.To know about the Research Methodology :- Request Free Sample Report Robo-Advisors are online financial advisor services that use cognitive computing, all without requiring human financial planners, to understand, evaluate and solve problems for clients. Globally, strategies for robo-advisors are attracting considerable funding from venture capitalists. Over the last few years, robo-advisor platforms such as Wealthfront, Betterment, and FutureAdvisor have attracted many investors. The rise of the robo-advisor appears to be unstoppable and is guided by numerous factors, including low interest rates, increasing trust in the recommendations created by computers, and supercomputing and cloud availability. The Robo-Advisor market is dignified to witness a beneficial growth in the forecasted years. Robo-advisors are designed to recognize the needs of investors, recommend the investment and allocation plan, execute the allocations selected, track outcomes, and re-balance the portfolio as per the plan. Easy account setup, robust target planning, account services, portfolio management, security features, better customer support, and extensive education are provided by robo-advisors. Moreover, services such as tax loss harvesting and retirement preparation, which are typically only provided by major fund managers, are also included in the robo-advisory bid. In targeting a broader spectrum of clients, including underpenetrated mass affluent and small investor segments of wealth management, robo-advisors offer efficiencies and distinguish with completely digital and online processes through intuitive investment experience. Based on Mode of Automation, Robo-Advisor market is segmented by fully automated and semi-automated. Fully Automated dominated Robo-Advisor market due to the funds are selected & invested automatically without requiring any effort from the user and minimize capital gains taxation. Based on Services, Retirement Planning is the leading segment to dominate the market during the forecast period due to the rising number of SMEs pushing the market growth. The key drivers are growing fast track digital data and enable to achieve insight into user behavior which motivates market development. The Robo-Advisor market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the presence of major players such as Betterment, E*TRADE Financial Corporation, Wealthfront with the advance technologies. Large investment in space programmes by the U.S. government is anticipating the market growth. The Asia Pacific region is projected to register the fastest growth rate in the target market due to surge in penetration of smartphones and digitalizing the infrastructure in the region.
Robo-Advisor Market Competitive Landscape:
The objective of the report is to present a comprehensive analysis of the Global Robo-Advisor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Robo-Advisor Market dynamics, structure by analyzing the market segments and projects the Global Robo-Advisor Market size. Clear representation of competitive analysis of key players by Mode of Automation, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Robo-Advisor Market make the report investor’s guide.Scope of Global Robo-Advisor Market: Inquire before buying
Global Robo-Advisor Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 10.32Bn. Forecast Period 2023 to 2029 CAGR: 31.8% Market Size in 2029: US $ 71.30Bn. Segments Covered: by Mode of Automation Fully Automated Semi-Automated by Services Tax-loss Harvesting Retirement Planning Wealth Management Personal Financial Advisors Business To Business Robo Advisors Others Robo-Advisor Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Robo-Advisor Market Key Players are:
1. BlackRock, Inc. (FutureAdvisor) 2. The Vanguard Group, Inc. 3. Wealthfront Corporation 4. Betterment 5. Acorns 6. TD Ameritrade Investment Management, LLC 7. Ally Financial Inc. 8. Axos Invest, Inc. 9. E*TRADE Financial Corporation 10.FMR LLC (Fidelity Go) 11.Charles Schwab & Co. Inc. 12.Bambu 13.AssetBuilder Inc 14.SigFig Wealth Management, LLC 15.Ellevest 16.Bloom Frequently Asked questions 1. What is the market size of the Global Robo-Advisor Market in 2022? Ans. The market size Global Robo-Advisor Market in 2022 was US$ 10.32 Billion. 2. What are the different segments of the Global Robo-Advisor Market? Ans. The Global Robo-Advisor Market is divided into Mode of Automation and Services. 3. What is the study period of this market? Ans. The Global Robo-Advisor Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Robo-Advisor Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Robo-Advisor Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
Global Robo-Advisor Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Robo-Advisor Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Robo-Advisor Market Analysis and Forecast 7. Global Robo-Advisor Market Analysis and Forecast, by Mode of Automation 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Robo-Advisor Market Value Share Analysis, by Mode of Automation 7.4. Global Robo-Advisor Market Size (US$ Mn) Forecast, by Mode of Automation 7.5. Global Robo-Advisor Market Analysis, by Mode of Automation 7.6. Global Robo-Advisor Market Attractiveness Analysis, by Mode of Automation 8. Global Robo-Advisor Market Analysis and Forecast, by Services 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Robo-Advisor Market Value Share Analysis, by Services 8.4. Global Robo-Advisor Market Size (US$ Mn) Forecast, by Services 8.5. Global Robo-Advisor Market Analysis, by Services 8.6. Global Robo-Advisor Market Attractiveness Analysis, by Services 9. Global Robo-Advisor Market Analysis and Forecast, by Region 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Robo-Advisor Market Value Share Analysis, by Region 9.4. Global Robo-Advisor Market Size (US$ Mn) Forecast, by Region 9.5. Global Robo-Advisor Market Analysis, by Region 10. Global Robo-Advisor Market Analysis 10.1. Key Findings 10.2. Global Robo-Advisor Market Overview 10.3. Global Robo-Advisor Market Forecast, by Mode of Automation 10.3.1. Fully Automated 10.3.2. Semi-Automated 10.4. Global Robo-Advisor Market Forecast, by Services 10.4.1. Tax-loss Harvesting 10.4.2. Retirement Planning 10.4.3. Wealth Management 10.4.4. Personal Financial Advisors 10.4.5. Business To Business Robo Advisors 10.4.6. Others 10.5. Global Robo-Advisor Market Forecast, by Region 10.5.1. North America 10.5.2. Europe 10.5.3. Asia-Pacific 10.5.4. ME & Africa 10.5.5. Latin America 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. North America Robo-Advisor Market Analysis 11.1. Key Findings 11.2. North America Robo-Advisor Market Forecast, by Mode of Automation 11.2.1. Fully Automated 11.2.2. Semi-Automated 11.3. North America Robo-Advisor Market Forecast, by Services 11.3.1. Tax-loss Harvesting 11.3.2. Retirement Planning 11.3.3. Wealth Management 11.3.4. Personal Financial Advisors 11.3.5. Business To Business Robo Advisors 11.3.6. Others 11.4. North America Robo-Advisor Market Forecast, by Country 11.4.1. US 11.4.2. Canada 11.5. US Robo-Advisor Market Forecast, by Mode of Automation 11.5.1. Fully Automated 11.5.2. Semi-Automated 11.6. US Robo-Advisor Market Forecast, by Services 11.6.1. Tax-loss Harvesting 11.6.2. Retirement Planning 11.6.3. Wealth Management 11.6.4. Personal Financial Advisors 11.6.5. Business To Business Robo Advisors 11.6.6. Others 11.7. Canada Robo-Advisor Market Forecast, by Mode of Automation 11.7.1. Fully Automated 11.7.2. Semi-Automated 11.8. Canada Robo-Advisor Market Forecast, by Services 11.8.1. Tax-loss Harvesting 11.8.2. Retirement Planning 11.8.3. Wealth Management 11.8.4. Personal Financial Advisors 11.8.5. Business To Business Robo Advisors 11.8.6. Others 11.9. PEST Analysis 11.10. Key Trends 11.11. Key Developments 12. Europe Robo-Advisor Market Analysis 12.1. Key Findings 12.2. Europe Robo-Advisor Market Overview 12.3. Europe Robo-Advisor Market Forecast, by Mode of Automation 12.3.1. Fully Automated 12.3.2. Semi-Automated 12.4. Europe Robo-Advisor Market Forecast, by Services 12.4.1. Tax-loss Harvesting 12.4.2. Retirement Planning 12.4.3. Wealth Management 12.4.4. Personal Financial Advisors 12.4.5. Business To Business Robo Advisors 12.4.6. Others 12.5. Europe Robo-Advisor Market Forecast, by Country 12.5.1. UK 12.5.2. France 12.5.3. Germany 12.5.4. Russia 12.5.5. Italy 12.5.6. Rest of Europe 12.6. UK Robo-Advisor Market Forecast, by Mode of Automation 12.6.1. Fully Automated 12.6.2. Semi-Automated 12.7. UK Robo-Advisor Market Forecast, by Services 12.7.1. Tax-loss Harvesting 12.7.2. Retirement Planning 12.7.3. Wealth Management 12.7.4. Personal Financial Advisors 12.7.5. Business To Business Robo Advisors 12.7.6. Others 12.8. France Robo-Advisor Market Forecast, by Mode of Automation 12.8.1. Fully Automated 12.8.2. Semi-Automated 12.9. France Robo-Advisor Market Forecast, by Services 12.9.1. Tax-loss Harvesting 12.9.2. Retirement Planning 12.9.3. Wealth Management 12.9.4. Personal Financial Advisors 12.9.5. Business To Business Robo Advisors 12.9.6. Others 12.10. Germany Robo-Advisor Market Forecast, by Mode of Automation 12.10.1. Fully Automated 12.10.2. Semi-Automated 12.11. Germany Robo-Advisor Market Forecast, by Services 12.11.1. Tax-loss Harvesting 12.11.2. Retirement Planning 12.11.3. Wealth Management 12.11.4. Personal Financial Advisors 12.12. Russia Robo-Advisor Market Forecast, by Mode of Automation 12.12.1. Fully Automated 12.12.2. Semi-Automated 12.13. Russia Robo-Advisor Market Forecast, by Services 12.13.1. Tax-loss Harvesting 12.13.2. Retirement Planning 12.13.3. Wealth Management 12.13.4. Personal Financial Advisors 12.13.5. Business To Business Robo Advisors 12.13.6. Others 12.14. Italy Robo-Advisor Market Forecast, by Mode of Automation 12.14.1. Fully Automated 12.14.2. Semi-Automated 12.15. Italy Robo-Advisor Market Forecast, by Services 12.15.1. Tax-loss Harvesting 12.15.2. Retirement Planning 12.15.3. Wealth Management 12.15.4. Personal Financial Advisors 12.15.5. Business To Business Robo Advisors 12.15.6. Others 12.16. Rest of Europe Robo-Advisor Market Forecast, by Mode of Automation 12.16.1. Fully Automated 12.16.2. Semi-Automated 12.17. Rest of Europe Robo-Advisor Market Forecast, by Services 12.17.1. Tax-loss Harvesting 12.17.2. Retirement Planning 12.17.3. Wealth Management 12.17.4. Personal Financial Advisors 12.17.5. Business To Business Robo Advisors 12.17.6. Others 12.18. PEST Analysis 12.19. Key Trends 12.20. Key Developments 13. Asia Pacific Robo-Advisor Market Analysis 13.1. Key Findings 13.2. Asia Pacific Robo-Advisor Market Overview 13.3. Asia Pacific Robo-Advisor Market Forecast, by Mode of Automation 13.3.1. Fully Automated 13.3.2. Semi-Automated 13.4. Asia Pacific Robo-Advisor Market Forecast, by Services 13.4.1. Tax-loss Harvesting 13.4.2. Retirement Planning 13.4.3. Wealth Management 13.4.4. Personal Financial Advisors 13.4.5. Business To Business Robo Advisors 13.4.6. Others 13.5. Asia Pacific Robo-Advisor Market Forecast, by Country 13.5.1. China 13.5.2. India 13.5.3. Japan 13.5.4. Malaysia 13.5.5. Indonesia 13.5.6. Rest of Asia-Pacific 13.6. China Robo-Advisor Market Forecast, by Mode of Automation 13.6.1. Fully Automated 13.6.2. Semi-Automated 13.7. China Robo-Advisor Market Forecast, by Services 13.7.1. Tax-loss Harvesting 13.7.2. Retirement Planning 13.7.3. Wealth Management 13.7.4. Personal Financial Advisors 13.7.5. Business To Business Robo Advisors 13.7.6. Others 13.8. India Robo-Advisor Market Forecast, by Mode of Automation 13.8.1. Fully Automated 13.8.2. Semi-Automated 13.9. India Robo-Advisor Market Forecast, by Services 13.9.1. Tax-loss Harvesting 13.9.2. Retirement Planning 13.9.3. Wealth Management 13.9.4. Personal Financial Advisors 13.9.5. Business To Business Robo Advisors 13.9.6. Others 13.10. Japan Robo-Advisor Market Forecast, by Mode of Automation 13.10.1. Fully Automated 13.10.2. Semi-Automated 13.11. Japan Robo-Advisor Market Forecast, by Services 13.11.1. Tax-loss Harvesting 13.11.2. Retirement Planning 13.11.3. Wealth Management 13.11.4. Personal Financial Advisors 13.11.5. Business To Business Robo Advisors 13.11.6. Others 13.12. Indonesia Robo-Advisor Market Forecast, by Mode of Automation 13.12.1. Fully Automated 13.12.2. Semi-Automated 13.13. Indonesia Robo-Advisor Market Forecast, by Services 13.13.1. Tax-loss Harvesting 13.13.2. Retirement Planning 13.13.3. Wealth Management 13.13.4. Personal Financial Advisors 13.13.5. Business To Business Robo Advisors 13.13.6. Others 13.14. Malaysia Robo-Advisor Market Forecast, by Mode of Automation 13.14.1. Fully Automated 13.14.2. Semi-Automated 13.15. Malaysia Robo-Advisor Market Forecast, by Services 13.15.1. Tax-loss Harvesting 13.15.2. Retirement Planning 13.15.3. Wealth Management 13.15.4. Personal Financial Advisors 13.15.5. Business To Business Robo Advisors 13.15.6. Others 13.16. Rest of Asia Pacific Robo-Advisor Market Forecast, by Mode of Automation 13.16.1. Fully Automated 13.16.2. Semi-Automated 13.17. Rest of Asia Pacific Robo-Advisor Market Forecast, by Services 13.17.1. Tax-loss Harvesting 13.17.2. Retirement Planning 13.17.3. Wealth Management 13.17.4. Personal Financial Advisors 13.17.5. Business To Business Robo Advisors 13.17.6. Others 13.18. Personal Financial Advisors PEST Analysis 13.19. Key Trends 13.20. Key Developments 14. ME & Africa Robo-Advisor Market Analysis 14.1. Key Findings 14.2. ME & Africa Robo-Advisor Market Overview 14.3. ME & Africa Robo-Advisor Market Forecast, by Mode of Automation 14.3.1. Fully Automated 14.3.2. Semi-Automated 14.4. ME & Africa Robo-Advisor Market Forecast, by Services 14.4.1. Tax-loss Harvesting 14.4.2. Retirement Planning 14.4.3. Wealth Management 14.4.4. Personal Financial Advisors 14.4.5. Business To Business Robo Advisors 14.4.6. Others 14.5. ME &Africa Robo-Advisor Market Forecast, by Country 14.5.1. GCC 14.5.2. South Africa 14.5.3. Rest of MEA & Africa 14.6. GCC Robo-Advisor Market Forecast, by Mode of Automation 14.6.1. Fully Automated 14.6.2. Semi-Automated 14.7. GCC Robo-Advisor Market Forecast, by Services 14.7.1. Tax-loss Harvesting 14.7.2. Retirement Planning 14.7.3. Wealth Management 14.7.4. Personal Financial Advisors 14.7.5. Business To Business Robo Advisors 14.7.6. Others 14.8. South Africa Robo-Advisor Market Forecast, by Mode of Automation 14.8.1. Fully Automated 14.8.2. Semi-Automated 14.9. South Africa Robo-Advisor Market Forecast, by Services 14.9.1. Tax-loss Harvesting 14.9.2. Retirement Planning 14.9.3. Wealth Management 14.9.4. Personal Financial Advisors 14.9.5. Business To Business Robo Advisors 14.9.6. Others 14.10. Rest of ME &Africa Robo-Advisor Market Forecast, by Mode of Automation 14.10.1. Fully Automated 14.10.2. Semi-Automated 14.11. Rest of ME &Africa Robo-Advisor Market Forecast, by Services 14.11.1. Tax-loss Harvesting 14.11.2. Retirement Planning 14.11.3. Wealth Management 14.11.4. Personal Financial Advisors 14.11.5. Business To Business Robo Advisors 14.11.6. Others 14.12. PEST Analysis 14.13. Key Trends 14.14. Key Developments 15. Latin America Robo-Advisor Market Analysis 15.1. Key Findings 15.2. Latin America Robo-Advisor Market Overview 15.3. Latin America Robo-Advisor Market Forecast, by Mode of Automation 15.3.1. Fully Automated 15.3.2. Semi-Automated 15.4. Latin America Robo-Advisor Market Forecast, by Services 15.4.1. Tax-loss Harvesting 15.4.2. Retirement Planning 15.4.3. Wealth Management 15.4.4. Personal Financial Advisors 15.4.5. Business To Business Robo Advisors 15.4.6. Others 15.5. Latin America Robo-Advisor Market Forecast, by Country 15.5.1. Mexico 15.5.2. Brazil 15.5.3. Rest of Latin America 15.6. Mexico Robo-Advisor Market Forecast, by Mode of Automation 15.6.1. Fully Automated 15.6.2. Semi-Automated 15.7. Mexico Robo-Advisor Market Forecast, by Services 15.7.1. Tax-loss Harvesting 15.7.2. Retirement Planning 15.7.3. Wealth Management 15.7.4. Personal Financial Advisors 15.7.5. Business To Business Robo Advisors 15.7.6. Others 15.8. Brazil Robo-Advisor Market Forecast, by Mode of Automation 15.8.1. Fully Automated 15.8.2. Semi-Automated 15.9. Brazil Robo-Advisor Market Forecast, by Services 15.9.1. Tax-loss Harvesting 15.9.2. Retirement Planning 15.9.3. Wealth Management 15.9.4. Personal Financial Advisors 15.9.5. Business To Business Robo Advisors 15.9.6. Others 15.10. Rest of Latin America Robo-Advisor Market Forecast, by Mode of Automation 15.10.1. Fully Automated 15.10.2. Semi-Automated 15.11. Rest of Latin America Robo-Advisor Market Forecast, by Services 15.11.1. Tax-loss Harvesting 15.11.2. Retirement Planning 15.11.3. Wealth Management 15.11.4. Personal Financial Advisors 15.11.5. Business To Business Robo Advisors 15.11.6. Others 15.12. PEST Analysis 15.13. Key Trends 15.14. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Market Share Analysis, by Region 16.3. Market Share Analysis, by Country 16.4. Competition Matrix 16.4.1. Competitive Benchmarking of key players by price, presence, market share, Raw material and R&D investment 16.4.2. New Raw material Launches and Raw material Enhancements 16.4.2.1. Market Consolidation 16.4.2.2. M&A by Regions, Investment and Raw material 16.4.2.3. M&A Key Players, Forward Integration and Backward Integration 16.5. Company Profiles: Key Players 16.5.1. BlackRock, Inc. (FutureAdvisor) 16.5.2. The Vanguard Group, Inc. 16.5.3. Wealthfront Corporation 16.5.4. Betterment 16.5.5. Acorns 16.5.6. TD Ameritrade Investment Management, LLC 16.5.7. Ally Financial Inc. 16.5.8. Axos Invest, Inc. 16.5.9. E*TRADE Financial Corporation 16.5.10. FMR LLC (Fidelity Go) 16.5.11. Charles Schwab & Co. Inc. 16.5.12. Bambu 16.5.13. AssetBuilder Inc 16.5.14. SigFig Wealth Management, LLC 16.5.15. Ellevest 16.5.16. Bloom 17. Primary Key Insights.