Global Robo advisory Market Size study, by Type by Provider, by Service Type, by End User and Regional Forecasts 2022-2028

Description

List of Tables

Global Robo advisory Market is valued at approximately USD 7.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 31.80% over the forecast period 2022-2028. Robo advisors examine data using algorithmic calculations and then present a thorough asset allocation strategy that is in line with the investor's objectives. The Robo advisor sector has consistently invested in its expansion and has significantly increased its contribution to economic growth. Some of the driving factors due to which there is significant market growth are, it provides particular advantages provided by Robo advisors including tax loss harvesting, low-cost portfolios, improved decision-making, risk-free and secure investments, and assistance in reducing credit risks. Additionally, Robo advising systems base their conclusions on real-time data and the current condition of the economy, removing any possibility of credit risk and enabling consumer adoption. According to corporate vision magazine, there has been a huge surge in the first quarter for Robo advisory sign-ups which accounted for around a 3.1% increase over 2020. Vanguard, for instance, reported a 14% gain in assets and a 35% increase in customer counts, whilst Pension Bee saw a 14% increase in Robo advisory. There also have been many technological advancements in this industry, such as introduction of Artificial Intelligence (AI) and Machine Learning (ML) which are making Robo advisory more efficient. Moreover, the primary potential of emerging economies and increasing government support and initiatives can propel the market in the forecasted period. However, the limited flexibility offered by Robo advisors and lack of human expertise stifle the market growth throughout the forecast period of 2022-2028.

The key regions considered for the Global Robo advisory Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue in 2021, owing to the presence of prominent players who seeks the vision of eliminating human intervention thereby minimizing errors and performing quick calculations. The Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing awareness about the benefits of opting for automated financial assistance for investments and savings. Also, the growing investments by several firms to promote the use of Robo advisory through Artificial Intelligence (AI) which is one of the largest growing market segments.

Major market players included in this report are:

Betterment

Fincite GmbH

Wealthfront Inc.

The Vanguard Group, Inc.

Charles Schwab & Co., Inc.

Ellevest

Ginmon Vermogensverwaltung GmbH

Wealthify Limited

Social Finance, Inc.

SigFig Wealth Management

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

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

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period: - 2022 to 2028

Target Audience of the Global Robo advisory Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Robo Advisory Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global Robo Advisory Market, by Type, 2020-2028 (USD Billion)
- 1.2.3. Global Robo Advisory Market, by Provider, 2020-2028 (USD Billion)
- 1.2.4. Global Robo Advisory Market, by Service Type, 2020-2028 (USD Billion)
- 1.2.5. Global Robo Advisory Market, by End User, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Robo Advisory Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Robo Advisory Market Dynamics

3.1. Robo Advisory Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Various advantages provided
  - 3.1.1.2. Increasing emergence of Innovations and new Technologies like AI and ML
- 3.1.2. Market Challenges
  - 3.1.2.1. limited flexibility offered by Robo advisors
  - 3.1.2.2. lack of human expertise
- 3.1.3. Market Opportunities
  - 3.1.3.1. primary potential of emerging economies
  - 3.1.3.2. increasing government support and initiatives

Chapter 4. Global Robo Advisory Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Robo Advisory Market, by Type

6.1. Market Snapshot
6.2. Global Robo Advisory Market by Type, Performance - Potential Analysis
6.3. Global Robo Advisory Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
6.4. Robo Advisory Market, Sub Segment Analysis
- 6.4.1. Pure Robo Advisors
- 6.4.2. Hybrid Robo Advisors

Chapter 7. Global Robo Advisory Market, by Provider

7.1. Market Snapshot
7.2. Global Robo Advisory Market by Provider, Performance - Potential Analysis
7.3. Global Robo Advisory Market Estimates & Forecasts by Provider 2018-2028 (USD Billion)
7.4. Robo Advisory Market, Sub Segment Analysis
- 7.4.1. Fintech Robo Advisors
- 7.4.2. Banks
- 7.4.3. Traditional Wealth Managers
- 7.4.4. Others

Chapter 8. Global Robo Advisory Market, by Service Type

8.1. Market Snapshot
8.2. Global Robo Advisory Market by Service Type, Performance - Potential Analysis
8.3. Global Robo Advisory Market Estimates & Forecasts by Service Type 2018-2028 (USD Billion)
8.4. Robo Advisory Market, Sub Segment Analysis
- 8.4.1. Direct Plan-based/Goal-based
- 8.4.2. Comprehensive Wealth Advisory

Chapter 9. Global Robo Advisory Market, by End User

9.1. Market Snapshot
9.2. Global Robo Advisory Market by End User, Performance - Potential Analysis
9.3. Global Robo Advisory Market Estimates & Forecasts by End User 2018-2028 (USD Billion)
9.4. Robo Advisory Market, Sub Segment Analysis
- 9.4.1. Retail Investor
- 9.4.2. High Net Worth Individuals

Chapter 10. Global Robo Advisory Market, Regional Analysis

10.1. Robo Advisory Market, Regional Market Snapshot
10.2. North America Robo Advisory Market
- 10.2.1. U.S. Robo Advisory Market
  - 10.2.1.1. Type estimates & forecasts, 2018-2028
  - 10.2.1.2. Provider estimates & forecasts, 2018-2028
  - 10.2.1.3. Service Type estimates & forecasts, 2018-2028
  - 10.2.1.4. End User estimates & forecasts, 2018-2028
- 10.2.2. Canada Robo Advisory Market
10.3. Europe Robo Advisory Market Snapshot
- 10.3.1. U.K. Robo Advisory Market
- 10.3.2. Germany Robo Advisory Market
- 10.3.3. France Robo Advisory Market
- 10.3.4. Spain Robo Advisory Market
- 10.3.5. Italy Robo Advisory Market
- 10.3.6. Rest of Europe Robo Advisory Market
10.4. Asia-Pacific Robo Advisory Market Snapshot
- 10.4.1. China Robo Advisory Market
- 10.4.2. India Robo Advisory Market
- 10.4.3. Japan Robo Advisory Market
- 10.4.4. Australia Robo Advisory Market
- 10.4.5. South Korea Robo Advisory Market
- 10.4.6. Rest of Asia Pacific Robo Advisory Market
10.5. Latin America Robo Advisory Market Snapshot
- 10.5.1. Brazil Robo Advisory Market
- 10.5.2. Mexico Robo Advisory Market
10.6. Rest of The World Robo Advisory Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Betterment
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Fincite GmbH
- 11.2.3. Wealthfront Inc.
- 11.2.4. The Vanguard Group, Inc.
- 11.2.5. Charles Schwab & Co., Inc.
- 11.2.6. Ellevest
- 11.2.7. Ginmon Vermogensverwaltung GmbH
- 11.2.8. Wealthify Limited
- 11.2.9. Social Finance, Inc.
- 11.2.10. SigFig Wealth Management.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Robo Advisory market, report scope
TABLE 2. Global Robo Advisory market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Robo Advisory market estimates & forecasts by Type 2018-2028 (USD Billion)
TABLE 4. Global Robo Advisory market estimates & forecasts by Provider 2018-2028 (USD Billion)
TABLE 5. Global Robo Advisory market estimates & forecasts by Service Type 2018-2028 (USD Billion)
TABLE 6. Global Robo Advisory market estimates & forecasts by End User 2018-2028 (USD Billion)
TABLE 7. Global Robo Advisory market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Robo Advisory market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Robo Advisory market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Robo Advisory market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Robo Advisory market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Robo Advisory market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Robo Advisory market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Robo Advisory market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Robo Advisory market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. Global Robo Advisory market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. U.S. Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. U.S. Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. Canada Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. Canada Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. UK Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. UK Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. Germany Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. Germany Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. RoE Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. RoE Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. China Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. China Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. India Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. India Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. Japan Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. Japan Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. RoAPAC Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. RoAPAC Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Brazil Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Brazil Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. Mexico Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. Mexico Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. RoLA Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. RoLA Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Robo Advisory market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 54. Row Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. Row Robo Advisory market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 56. List of secondary sources, used in the study of global Robo Advisory market
TABLE 57. List of primary sources, used in the study of global Robo Advisory market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Robo Advisory market, research methodology
FIG 2. Global Robo Advisory market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Robo Advisory market, key trends 2021
FIG 5. Global Robo Advisory market, growth prospects 2022-2028
FIG 6. Global Robo Advisory market, porters 5 force model
FIG 7. Global Robo Advisory market, pest analysis
FIG 8. Global Robo Advisory market, value chain analysis
FIG 9. Global Robo Advisory market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Robo Advisory market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Robo Advisory market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Robo Advisory market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Robo Advisory market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Robo Advisory market, regional snapshot 2018 & 2028
FIG 15. North America Robo Advisory market 2018 & 2028 (USD Billion)
FIG 16. Europe Robo Advisory market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific market 2018 & 2028 (USD Billion)
FIG 18. Latin America Robo Advisory market 2018 & 2028 (USD Billion)
FIG 19. Global Robo Advisory market, company market share analysis (2021)