Technology-driven wealth management startups are increasingly offering clients digitized and long-term financial planning through software products called "Robo-Advisors": Ken Research

FinTech leader in Middle East: UAE continues to maintain its position as leader in FinTech in the Middle East. This position is maintained with the help of supportive governmental policies and most importantly, by the implementation of attractive programmes, both onshore and in free zones. It has one of the most attractive immigration policies in the region which welcomes highly qualified and innovating expatriates into the country.

Digitalization in Financial Services: It has transformed the human advisory process into digital solution platforms known as Robo-Advisors. Thus, the next digital generation could establish more elaborate solutions to model customer's preferences & enable higher customization of investment portfolio in a fully automated process. With Management fees as low as 0.5%-0.85% per year of assets under management, Robo Advisors are expected to have an inorganic growth in future

Rise in Tech-Savvy population: The new breed of investment advisory services is boding well with smaller investors, especially the tech-savvy millennials. 9.98 million People in the UAE are internet users in 2022, which represents 99.01% of the total population. Thus, with large numbers of HNWIs and a relatively young and tech-savvy population, GCC countries are ideally placed to foster the development of such Robo-advisory services.

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/uae-robo-advisory-in-wealth-management-industry-outlook-to-2027/596129-93.html

Covid-19 Impact: The COVID‐19 crisis that resulted in diminished close contact interaction and increased financial volatility influenced consumer's perception toward online automated financial robo‐advisor, in order to manage their financial planning. The acceleration of digital investment advice through scalable robo-advice solutions enabled the traditional wealth management firms to recover customer reach through accessible channels. 40% of firms identified accessibility as the main investor driver for using Robo-Advice services.

Investment Industry up for disruption: Digital technology & AI is disrupting the financial industry at large. Investment advisory & wealth management are experiencing disruption the most. It is believed that the next wave of disruption will be in the investment industry. The aim is to provide state-of-the-art investment services to all individuals across the region.

The publication titled "UAE Robo-Advisory in Wealth Management Market Outlook to 2027F: Driven by influx of AI technology along with growing demand for financial inclusion and affordability in financial planning" by Ken Research provides a comprehensive analysis on the status of Robo-Advisory in Wealth Management Industry in UAE. It also covers various aspects including Robo-Advisory in Wealth Management Industry market size on the basis of revenue, ecosystem of major entities in the Market in UAE, trends & developments, issues & challenges faced by the industry, government regulations, Porter's Five Forces Analysis, Issues & Challenges, Competition Scenario and other aspects. Further, the report focuses on the UAE Robo-Advisory in Wealth Management Market Segmentation by Type (Pure Robo-Advisors & Hybrid Robo-Advisors); by End User (Retail Investors, High Net Worth Individuals, & Institutional Investors), and by Region (Ajman, Umm Al-Quwain, Fujairah, Ras Al Khaimah, Sharjah, Abu Dhabi, & Dubai). UAE Robo-Advisory in Wealth Management Industry report concludes with projections for the future of the industry including forecasted revenue for the market.

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Key Segments Covered

UAE Robo-Advisory in Wealth Management Market (By Revenue, Asset under Management)

By Type(By Revenues):
Pure Robo Advisors
Hybrid Robo Advisors
By End User (By Revenues):
Retail Investors
High Net Worth Individuals
Institutional Investors
By Region (By Revenues):
Ajman
Umm Al-Quwain
Fujairah
Ras Al Khaimah
Sharjah
Abu Dhabi
Dubai

Key Target Audience

Wealth Management Companies
Robo-Advisory Companies
Investment Banks
Investors

Time Period Captured in the Report:

Historical Period: 2019-2022
Forecasted Period: 2022-2027F

Companies Covered:

Sarwa
FinaMaze
Additiv
Neo Mena Technologies
StashAway
Wealth Face
InvestSuite
Betterment
Amundi
DirectFN
WeInvest
Bambu
Temenos
Jarvis
NBK Capitals

Key Topics Covered in the Report

Executive Summary
Country Overview
Overview of UAE Robo-Advisory in Wealth Management Market
Trends and Developments in Robo-Advisory in Wealth Management Market in UAE
Porter's Five Forces Analysis of Robo-Advisory in Wealth Management Market in UAE
Government Initiatives in the UAE Robo-Advisory in Wealth Management Market
Issues & Challenges in UAE Robo-Advisory in Wealth Management Market
Impact of Covid-19 in UAE Robo-Advisory in Wealth Management Market
Ecosystem of Major Entities in UAE Robo-Advisory in Wealth Management Market
Value Chain Analysis and Business Models
UAE Robo-Advisory in Wealth Management Current and Future Market Size on the basis of Revenue
Competition Scenario in Robo-Advisory in Wealth Management Market in UAE
UAE Robo-Advisory in Wealth Management Current and Future Market Segmentations (by Type, by End-Users, and by region)
Analyst Recommendations
Research Methodology including market definitions, market size and modeling

For more insights on the market intelligence, refer to the link below: -

FinTech leader in Middle East: UAE continues to maintain its position as leader in FinTech in the Middle East. This position is maintained with the help of supportive governmental policies and most importantly, by the implementation of attractive programmes, both onshore and in free zones. It has one of the most attractive immigration policies in the region which welcomes highly qualified and innovating expatriates into the country.

Digitalization in Financial Services: It has transformed the human advisory process into digital solution platforms known as Robo-Advisors. Thus, the next digital generation could establish more elaborate solutions to model customer's preferences & enable higher customization of investment portfolio in a fully automated process. With Management fees as low as 0.5%-0.85% per year of assets under management, Robo Advisors are expected to have an inorganic growth in future

Rise in Tech-Savvy population: The new breed of investment advisory services is boding well with smaller investors, especially the tech-savvy millennials. 9.98 million People in the UAE are internet users in 2022, which represents 99.01% of the total population. Thus, with large numbers of HNWIs and a relatively young and tech-savvy population, GCC countries are ideally placed to foster the development of such Robo-advisory services.

Covid-19 Impact: The COVID‐19 crisis that resulted in diminished close contact interaction and increased financial volatility influenced consumer's perception toward online automated financial robo‐advisor, in order to manage their financial planning. The acceleration of digital investment advice through scalable robo-advice solutions enabled the traditional wealth management firms to recover customer reach through accessible channels. 40% of firms identified accessibility as the main investor driver for using Robo-Advice services.

Investment Industry up for disruption: Digital technology & AI is disrupting the financial industry at large. Investment advisory & wealth management are experiencing disruption the most. It is believed that the next wave of disruption will be in the investment industry. The aim is to provide state-of-the-art investment services to all individuals across the region.

The publication titled "UAE Robo-Advisory in Wealth Management Market Outlook to 2027F: Driven by influx of AI technology along with growing demand for financial inclusion and affordability in financial planning" by Ken Research provides a comprehensive analysis on the status of Robo-Advisory in Wealth Management Industry in UAE. It also covers various aspects including Robo-Advisory in Wealth Management Industry market size on the basis of revenue, ecosystem of major entities in the Market in UAE, trends & developments, issues & challenges faced by the industry, government regulations, Porter's Five Forces Analysis, Issues & Challenges, Competition Scenario and other aspects. Further, the report focuses on the UAE Robo-Advisory in Wealth Management Market Segmentation by Type (Pure Robo-Advisors & Hybrid Robo-Advisors); by End User (Retail Investors, High Net Worth Individuals, & Institutional Investors), and by Region (Ajman, Umm Al-Quwain, Fujairah, Ras Al Khaimah, Sharjah, Abu Dhabi, & Dubai). UAE Robo-Advisory in Wealth Management Industry report concludes with projections for the future of the industry including forecasted revenue for the market.

Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTI5

Key Segments Covered

UAE Robo-Advisory in Wealth Management Market (By Revenue, Asset under Management)

By Type(By Revenues):
Pure Robo Advisors
Hybrid Robo Advisors
By End User (By Revenues):
Retail Investors
High Net Worth Individuals
Institutional Investors
By Region (By Revenues):
Ajman
Umm Al-Quwain
Fujairah
Ras Al Khaimah
Sharjah
Abu Dhabi
Dubai

Key Target Audience

Wealth Management Companies
Robo-Advisory Companies
Investment Banks
Investors

Time Period Captured in the Report:

Historical Period: 2019-2022
Forecasted Period: 2022-2027F

Companies Covered:

Sarwa
FinaMaze
Additiv
Neo Mena Technologies
StashAway
Wealth Face
InvestSuite
Betterment
Amundi
DirectFN
WeInvest
Bambu
Temenos
Jarvis
NBK Capitals

Key Topics Covered in the Report

Executive Summary
Country Overview
Overview of UAE Robo-Advisory in Wealth Management Market
Trends and Developments in Robo-Advisory in Wealth Management Market in UAE
Porter's Five Forces Analysis of Robo-Advisory in Wealth Management Market in UAE
Government Initiatives in the UAE Robo-Advisory in Wealth Management Market
Issues & Challenges in UAE Robo-Advisory in Wealth Management Market
Impact of Covid-19 in UAE Robo-Advisory in Wealth Management Market
Ecosystem of Major Entities in UAE Robo-Advisory in Wealth Management Market
Value Chain Analysis and Business Models
UAE Robo-Advisory in Wealth Management Current and Future Market Size on the basis of Revenue
Competition Scenario in Robo-Advisory in Wealth Management Market in UAE
UAE Robo-Advisory in Wealth Management Current and Future Market Segmentations (by Type, by End-Users, and by region)
Analyst Recommendations
Research Methodology including market definitions, market size and modeling

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/uae-robo-advisory-in-wealth-management-industry-outlook-to-2027/596129-93.html

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https://www.kenresearch.com/technology-and-telecom/it-and-ites/africa-robo-advisory/172733-105.html

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