Exponential Growth Expected For Robo Advisory Market With Top Leading Players Are - Betterment LLC, Charles Schwab & Co. Inc., Wealthfront Corporation

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The global robo advisory market report by the business research company identifies the growing digitalization in financial services is contributing to be a major growth driver for the robo advisory market. In the financial industry, digital technologies such as artificial intelligence (AI), the cloud, blockchain, and fintech are making it easier to access funds and assisting the finance sector by using automated techniques to improve customer experience. For instance, in December 2020, Franklin Templeton, a US-based investment company, announced a partnership with Bambu and Apex Clearing to launch Tango, a new turnkey robo-adviser.

The global robo advisory market is expected to grow from $18.71 billion in 2021 to $28.10 billion in 2022 at a compound annual growth rate (CAGR) of 50.20%. The robo advisory market is expected to reach $135.11 billion in 2026 at a CAGR of 48.08%.

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In 2021, North America will be the largest region in the robo advisory market. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the robo advisory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the robo advisory market are Betterment LLC, Charles Schwab & Co. Inc., Wealthfront Corporation, Personal Capital Corporation, Bambu, Blooom Inc., Ellevest, FutureAdvisor, Nutmeg Saving and Investment Limited.

The global robo advisory market is segmented -

1) By Service Type: Direct Plan-Based/Goal-Based, Comprehensive Wealth Advisory
2) By Provider: Fintech Robo Advisors, Banks, Traditional Wealth Managers, Others
3) By Business Model: Pure Robo Advisors, Hybrid Robo Advisors
4) By End User: Healthcare, Education, Retail, Others

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The Robo Advisory Market Report Contents Include
1. Executive Summary
2. Robo Advisory Market Characteristics
3. Robo Advisory Market Trends And Strategies
4. Robo Advisory Market - Macro Economic Scenario
5. Robo Advisory Market Size And Growth
....
27. Robo Advisory Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Robo Advisory Market
29. Robo Advisory Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the robo advisory market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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