Global WealthTech Solutions Market Size study & Forecast, by Services (System Integration, Consulting Services, Support & Maintenance), by End User (Banks, Investment Firms, Wealth Management Firms, Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global WealthTech Solutions Market is valued at approximately USD 4.63 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 17% during the forecast period 2023-2030. WealthTech Solutions refers to the use of technology to provide innovative solutions and services in the wealth management and financial advisory industry. WealthTech solutions leverage advancements in financial technology to enhance and automate various aspects of wealth management, investment, and financial planning. The WealthTech Solutions Market is expanding because of factors such as increasing demand for wealth management and the rising number of portfolio management tools. As a result, the demand for WealthTech Solutions has progressively increased in the international market during the forecast period 2023-2030.

WealthTech solutions expand their capabilities to include comprehensive financial planning tools. This allows users to assess their entire financial landscape, including budgeting, goal setting, and retirement planning, within a single platform. According to Statista, The Wealth Management Market is anticipated to witness Assets under Management (AUM) reaching an estimated value of USD 130.60 trillion by the year-end of 2024. Furthermore, financial advisory is anticipated to be the market's leading segment with a volume of USD 126.70 trillion by the year end of 2024. Another important factor that drives the WealthTech Solutions Market is the increasing number of portfolio management tools. The proliferation of portfolio management tools leads to challenges related to integration and interoperability. Advisory firms could face the task of integrating multiple tools into their workflows, and seamless compatibility becomes crucial for efficient operations. In addition, as per Statista, in 2023, Envestnet emerged as the predominant online portfolio management tool widely adopted by advisory firms globally at a substantial market share of approximately 5.77%, followed by, Schwab Intelligent Portfolios securing the second-largest market share, with SEI claiming the third position in terms of widespread adoption within the industry. Moreover, the emergence of financial data analytics and the rising integration of artificial intelligence, machine learning, and Big Data in digital financial services are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high cost associated with WealthTech Solutions and the lack of awareness is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global WealthTech Solutions Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increased with development of new & innovative business operating models in the region. Innovative business models often emphasize agility and flexibility. WealthTech solutions adapt to changing market dynamics and user needs more efficiently, incorporating updates and new features quickly. The region's dominant performance is anticipated to propel the overall demand for WealthTech Solutions. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as the growing adoption of digitization in the region. Digitization facilitates the use of advanced data analytics, allowing WealthTech platforms to analyze vast amounts of data to provide actionable insights and personalized investment recommendations.

Major market player included in this report are:

Synechron Inc.
Wealthfront Inc.
Valuefy Solutions
InvestSuite Inc.
Aixigo AG
BME Inntech
3rd-eyes analytics AG
InvestCloud, Inc.
WealthTechs Inc.
BlackRock, Inc.

Recent Developments in the Market:

In April 2023, Hywin Holdings Ltd, a prominent independent wealth management service provider in China, revealed its initiative to deliver a comprehensive analysis of individual client preferences to its high-net-worth clients. This tailored service approach aims to provide precisely targeted services, utilizing the capabilities of IBM Cloud Pak for Data and the IBM Garage. Hywin's analytics capabilities can be easily iterated to meet the needs of business users. Hywin used IBM Cloud Pak for Data - a data and AI platform that enables organisations to collect, organise, and analyse data wherever it sits - to fully integrate customer data and analyse client preferences. Hywin rapidly iterated its analytics capabilities throughout the project, complementing the requirements of business customers, using the IBM Garage, a collaborative strategy to accelerate innovation and deliver significant and lasting transformation.

Global WealthTech Solutions Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Services, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Services

System Integration
Consulting Services
Support & Maintenance

by End User

Banks
Investment Firms
Wealth Management Firms
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. WealthTech Solutions Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. WealthTech Solutions Market, by Services, 2020-2030 (USD Billion)
- 1.2.3. WealthTech Solutions Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global WealthTech Solutions Market Definition and Scope

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

Chapter 3. Global WealthTech Solutions Market Dynamics

3.1. WealthTech Solutions Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for wealth management
  - 3.1.1.2. Rising number of portfolio management tools
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost associated with WealthTech Solutions
  - 3.1.2.2. Lack of awareness
- 3.1.3. Market Opportunities
  - 3.1.3.1. Emergence of financial data analytics
  - 3.1.3.2. Rising integration of AI, ML, and Big Data in digital financial services

Chapter 4. Global WealthTech Solutions 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
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global WealthTech Solutions Market, by Services

5.1. Market Snapshot
5.2. Global WealthTech Solutions Market by Services, Performance - Potential Analysis
5.3. Global WealthTech Solutions Market Estimates & Forecasts by Services 2020-2030 (USD Billion)
5.4. WealthTech Solutions Market, Sub Segment Analysis
- 5.4.1. System Integration
- 5.4.2. Consulting Services
- 5.4.3. Support & Maintenance

Chapter 6. Global WealthTech Solutions Market, by End User

6.1. Market Snapshot
6.2. Global WealthTech Solutions Market by End User, Performance - Potential Analysis
6.3. Global WealthTech Solutions Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
6.4. WealthTech Solutions Market, Sub Segment Analysis
- 6.4.1. Banks
- 6.4.2. Investment Firms
- 6.4.3. Wealth Management Firms
- 6.4.4. Others

Chapter 7. Global WealthTech Solutions Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. WealthTech Solutions Market, Regional Market Snapshot
7.4. North America WealthTech Solutions Market
- 7.4.1. U.S. WealthTech Solutions Market
  - 7.4.1.1. Services breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End User breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada WealthTech Solutions Market
7.5. Europe WealthTech Solutions Market Snapshot
- 7.5.1. U.K. WealthTech Solutions Market
- 7.5.2. Germany WealthTech Solutions Market
- 7.5.3. France WealthTech Solutions Market
- 7.5.4. Spain WealthTech Solutions Market
- 7.5.5. Italy WealthTech Solutions Market
- 7.5.6. Rest of Europe WealthTech Solutions Market
7.6. Asia-Pacific WealthTech Solutions Market Snapshot
- 7.6.1. China WealthTech Solutions Market
- 7.6.2. India WealthTech Solutions Market
- 7.6.3. Japan WealthTech Solutions Market
- 7.6.4. Australia WealthTech Solutions Market
- 7.6.5. South Korea WealthTech Solutions Market
- 7.6.6. Rest of Asia Pacific WealthTech Solutions Market
7.7. Latin America WealthTech Solutions Market Snapshot
- 7.7.1. Brazil WealthTech Solutions Market
- 7.7.2. Mexico WealthTech Solutions Market
7.8. Middle East & Africa WealthTech Solutions Market
- 7.8.1. Saudi Arabia WealthTech Solutions Market
- 7.8.2. South Africa WealthTech Solutions Market
- 7.8.3. Rest of Middle East & Africa WealthTech Solutions Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Synechron Inc.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Wealthfront Inc.
- 8.3.3. Valuefy Solutions
- 8.3.4. InvestSuite Inc.
- 8.3.5. Aixigo AG
- 8.3.6. BME Inntech
- 8.3.7. 3rd-eyes analytics AG
- 8.3.8. InvestCloud, Inc.
- 8.3.9. WealthTechs Inc.
- 8.3.10. BlackRock, Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global WealthTech Solutions Market, report scope
TABLE 2. Global WealthTech Solutions Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global WealthTech Solutions Market estimates & forecasts by Services 2020-2030 (USD Billion)
TABLE 4. Global WealthTech Solutions Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 5. Global WealthTech Solutions Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global WealthTech Solutions Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global WealthTech Solutions Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global WealthTech Solutions Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global WealthTech Solutions Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global WealthTech Solutions Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global WealthTech Solutions Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global WealthTech Solutions Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global WealthTech Solutions Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global WealthTech Solutions Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia WealthTech Solutions Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA WealthTech Solutions Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global WealthTech Solutions Market
TABLE 70. List of primary sources, used in the study of global WealthTech Solutions Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global WealthTech Solutions Market, research methodology
FIG 2. Global WealthTech Solutions Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global WealthTech Solutions Market, key trends 2022
FIG 5. Global WealthTech Solutions Market, growth prospects 2023-2030
FIG 6. Global WealthTech Solutions Market, porters 5 force model
FIG 7. Global WealthTech Solutions Market, pest analysis
FIG 8. Global WealthTech Solutions Market, value chain analysis
FIG 9. Global WealthTech Solutions Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global WealthTech Solutions Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global WealthTech Solutions Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global WealthTech Solutions Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global WealthTech Solutions Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global WealthTech Solutions Market, regional snapshot 2020 & 2030
FIG 15. North America WealthTech Solutions Market 2020 & 2030 (USD Billion)
FIG 16. Europe WealthTech Solutions Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific WealthTech Solutions Market 2020 & 2030 (USD Billion)
FIG 18. Latin America WealthTech Solutions Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa WealthTech Solutions Market 2020 & 2030 (USD Billion)