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Robo Advisory Market Size, Scope, And Forecast 2027 | Fincite, Betterment, Charles Schwab & Co., Inc., Ellevest, Ginmon Vermögensverwaltung GmbH

03-24-2023 01:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Robo Advisory Market Size, Scope, And Forecast 2027 | Fincite,

Robo Advisory Market By Business Model (Pure Robo Advisors and Hybrid Robo Advisors), Service Provider (FinTech Robo Advisors, Banks, Traditional Wealth Managers, and Others), Service Type (Direct Plan-Based/Goal-Based and Comprehensive Wealth Advisory), and End User (Retail Investor and High Net Worth Individuals [HNIs]): Global Opportunity Analysis and Industry Forecast, 2020-2027

The global robo advisory market size was valued at $4.51 billion in 2019, and is projected to reach $41.07 billion by 2027, growing at a CAGR of 31.8% from 2020 to 2027.

Report Sample PDF : https://www.alliedmarketresearch.com/request-sample/2105

Competitive Analysis
The key players profiled in the robo advisory market report are Betterment, Blooom, Charles Schwab Corporation, FMR LLC, Personal Capital Corporation, SoFi, SIGFIG, The Vanguard Group Inc., Wealthfront Corporation, and WiseBanyan Inc. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.

Based on component, the solution segment held the highest market share in 2020, holding more than two-thirds of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the service segment is estimated to register the highest CAGR of 33.3% from 2021 to 2030.

Interested to Procure the Data? Inquire here @ https://www.alliedmarketresearch.com/purchase-enquiry/2105

Key Benefits For Stakeholders

The study provides an in-depth analysis of the global robo advisory market forecast along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the global robo advisory market size is provided in the report.
Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the robo advisory market share from 2019 to 2027 is provided to determine the market potential.

Top Impacting Factors
Rapid Digitalization in Financial Services
Untapped Potential of Emerging Economies

Based on deployment mode, the on-premise segment held the largest market share in 2020, holding nearly three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the cloud segment is projected to register the highest CAGR of 34.1% from 2021 to 2030.

Based on region, North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the global RPA in financial services market, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific region is projected to manifest the fastest CAGR of 34.6% during the forecast period. The report also includes LAMEA and Europe.

Connect Analyst
https://www.alliedmarketresearch.com/connect-to-analyst/2105

Robo Advisory Market Report Highlights

Aspects Details
By Business Model
Pure Robo Advisors
Hybrid Robo Advisors
By Provider
Fintech Robo advisors
Banks
Traditional wealth managers
Others
By Service Type
Direct Plan-Based/Goal-Based
Comprehensive Wealth Advisory
By End User
Retail Investor
High Net Worth Individuals (HNIs)
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Switzerland, Italy, Spain, REST OF Europe)
Asia-Pacific (China, India, Japan, Australia, Singapore, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
Key Market Players Fincite, Betterment, Charles Schwab & Co., Inc., Ellevest, Ginmon Vermögensverwaltung GmbH, SigFig Wealth Management, Social Finance, Inc., Wealthfront Corporation, Wealthify Limited, THE VANGUARD GROUP,INC.

Want to Access the Statistical Data and Graphs, Key Players' Strategies@ https://www.alliedmarketresearch.com/robo-advisory-market/purchase-options

Related Reports in BFSI Industry:
Robotic Process Automation (RPA) in Financial Services Market
https://www.alliedmarketresearch.com/robotic-process-automation-rpa-in-financial-services-market-A06933

WealthTech Solutions Market
https://www.alliedmarketresearch.com/wealthtech-solutions-market-A31614

Asia-Pacific Wealth Management Market
https://www.alliedmarketresearch.com/asia-pacific-wealth-management-market-A15891

Wearable Payment Market
https://www.alliedmarketresearch.com/wearable-payment-market-A06001

United States
USA/Canada :
+1-800-792-5285

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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