Social Trading Platform Market to Reach $3,774.17Mn, at a CAGR of 7.8% by 2028: Top Leaders: eToro; A-Trade; ZuluTrade, Tornado and More.

Premium Market Insights announces the release of the report "Social Trading Platform Market" Size, Share, Industry Trends and Forecast 2028 COVID-19 Impact And Global Analysis By Platform, End User and Asset Class." The market is expected to grow from US$ 2,229.56 million in 2021 to US$ 3,774.17 million by 2028. It is estimated to grow at a CAGR of 7.8% from 2021 to 2028.This business report also offers a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, gross and gross margin. By performing competitive analysis of the major players in the market, the report assists businesses take better moves for improving their product and sales. It comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2021-2028.

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With the growing population, the number of internet users increased significantly. There are almost 4.7 million internet users worldwide, i.e., 59% of the global population is net-savvy, as per the article published by the DataReportal in January 2021. Among this, 92.6% (4.3 million) users access the internet through mobile devices. The UAE, Denmark, and Sweden are a few countries with the highest internet penetration rate.

Until 2020, Asia Pacific (APAC) had the most extensive user base with over 2.5 million Internet users, followed by Europe with almost 720 million users, as per the article published by Yahoo Finance. In 2020, China held the leading market share worldwide, followed by the US and India, as per the article published by Yahoo Finance. China had more than 854 million users, and India has around 560 million users, as per the article published by Yahoo Finance.

Global Social Trading Platform Market Research Report also provides the latest manufacturing data and industry future trends, allowing you to identify the products and end users driving profits growth and productivity. The Market report lists the most important competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, investigation and discussion of significant industry trends, market volume, market share estimates and profiles of the leading industry Players. Global Social Trading Platform Industry Market Research Report is providing exclusive vital statistics, information, data, trends and competitive landscape details.

COMPANIES MENTIONED INCLUDE (we can also add the other companies as you want.):
• eToro
• A-Trade
• ZuluTrade
• Tornado
• MetaQuotes
• PrimeXBT
• Pepperstone Markets Limited
• Tickmill
• Octa Markets Incorporated
• Assetgro Fintech Pvt. Ltd (Stockgro)
• Public Holding, Inc.
• Naga Group AG
• ..

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Scope of Report:
The Market report lists the most important competitors and provides the insights strategic industry Analysis of the key factors influencing the market. This report will help you to establish a landscape of industrial development and characteristics of the Social Trading Platform market. The Global Social Trading Platform market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, price, cost, revenue and gross margins.
The Global Social Trading Platform Market segments and Market Data Break Down are illuminated below:
• By Platform (PC And Mobile)
• By End User (Individual Traders And Professional Traders)
• By Asset Class (Equity, Commodity, Derivatives, Crypto, And Others).
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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The report also focuses on global major leading industry players of Global Social Trading Platform Market providing information such as company profiles, product picture and specification, price, capacity, cost, production, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Social Trading Platform market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.

A few Middle East & Africa countries, such as Qatar, Oman, and Kuwait, are still in the starting phase of digitalization and the internet penetration is relatively low. However, with increasing awareness, the number is increasing continuously. The significant surge in the internet user base enables industries to transform their business to the digital platform. Therefore, trading companies opt for social trading with the growing internet use, which is the cost-effective approach for trading. Also, during the COVID-19 outbreak, conducting online trading was the best-suitable medium. Thus, growing internet usage will contribute to the social trading platform market growth.

Impact of COVID-19 Pandemic on Global Social Trading Platform Market

Due to the pre-COVID-19 pandemic situation, social trading platforms were prevalent in the growing digital transformation of financial institutes and banking solutions & services. For instance, in April 2019, according to the article published by Business Wire, the spending on digital transformation was US$ 1.18 trillion in 2019, an increase of 17.9% over 2018. The need for digital transformation supported the social trading platform market growth.

In 2020, the COVID-19 pandemic triggered social stress and led to economic disruptions worldwide. With the closure of production facilities and manufacturing units globally, the unemployment rate increased in several countries. These outbursts of the COVID-19 pandemic lead countries and the global economy towards recession. As the COVID-19 pandemic continued in 2020, it posed an exceptional challenge for an individual to spend over a social trading platform. Thus, the trading industry was negatively affected. Therefore, the overall COVID-19 impact on the social trading platform was negative in 2020.

With tables and figures helping analyze worldwide Global Social Trading Platform market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Further, in 2021 and 2022, the relaxation of lockdown measures and gain in the employment rates positively impacted the social trading platform market growth. The increase in the trend of investment in cryptocurrency positively impacted market growth. According to the Free Press Journal, Bitcoin boomed and astonished the whole world, from approximately US$ 7,000 in March 2020 to more than US$ 54,000 till June 2021.
There was a negative impact on the social trading platform market, owing to the increase in the unemployment rates. However, the social trading platform market will grow due to increased investment in cryptocurrency during the forecast period, thereby creating further opportunities for the market.

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