PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1616726
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1616726
Wealth Management Platform Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
The Global Wealth Management Platform Market was valued at USD 3.7 billion in 2023 and is projected to grow at a CAGR of 13% from 2024 to 2032. The financial sector's increasing shift towards digital solutions has heightened the demand for sophisticated wealth management platforms. These platforms not only offer seamless access to investment portfolios and real-time financial data but also feature automated services, such as robo-advisors. Clients increasingly seek user-friendly, personalized interfaces that ensure secure online access for managing their wealth. For example, in April 2024, Avenir, a wealth management fintech, secured $500,000 in a pre-seed round.
The funds will be used to develop software that evaluates businesses based on sustainability. Artificial intelligence (AI) is transforming wealth management platforms by streamlining advisory services and refining decision-making processes. AI-driven robo-advisors offer tailored investment suggestions, manage portfolios, and assess risks, all at a reduced cost. Leveraging predictive analytics, these platforms customize strategies to align with the financial aspirations and risk appetites of individual clients.
This evolution is broadening the accessibility of wealth management, particularly for the younger, tech-oriented demographic, while allowing firms to scale their offerings. Furthermore, AI is boosting efficiency in compliance monitoring and fraud detection. The overall industry is divided into advisory mode, deployment model, application, end-use, and region. The market segments based on advisory mode include human advisory, robo advisory, and hybrid.
| Market Scope | |
|---|---|
| Start Year | 2023 |
| Forecast Year | 2024-2032 |
| Start Value | $3.7 Billion |
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates & calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
- 1.3 Forecast model
- 1.4 Primary research and validation
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2023
Chapter 5 Market Estimates & Forecast, By Advisory, 2021-2032 ($Bn)
Chapter 6 Market Estimates & Forecast, By Deployment Model, 2021-2032 ($Bn)
Chapter 7 Market Estimates & Forecast, By Application, 2021-2032 ($Bn)
Chapter 8 Market Estimates & Forecast, By End-use, 2021-2032 ($Bn)
Chapter 9 Market Estimates & Forecast, By Region, 2021-2032 ($Bn)
Chapter 10 Company Profiles
