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PUBLISHER: IMARC | PRODUCT CODE: 1722543
PUBLISHER: IMARC | PRODUCT CODE: 1722543
Robo Advisory Market Report by Business Model, Service Type, Provider, End User (Retail Investor, High Net Worth Individuals ), and Region 2025-2033
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PAGES: 135 Pages
DELIVERY TIME: 2-3 business days
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The global robo advisory market size reached USD 11.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 92.2 Billion by 2033, exhibiting a growth rate (CAGR) of 24.33% during 2025-2033. Increased demand for accessible financial solutions, ongoing technological advancements, digital transformation, and expansion of financial literacy are primarily driving the market's growth.
Robo advisory refers to a class of digital platforms that provide algorithm-driven and automated financial advice to wealth management organizations. It aids in automating portfolio administration software, performing complicated tasks, customizing online investments, and managing funds with minimal human intervention. This, in turn, assists in targeting new clients, enhancing workflow, and adjusting custom online investments to achieve long-term financial goals or short-term investment strategies. At present, robo advisory is commercially available in varying service types, such as direct plan-based, goal-based, and comprehensive health advisory.
Robo Advisory Market Trends:
The widespread adoption of Robo Advisory across various industrial verticals, retail and high net worth individuals (HNIs) for performing algorithmic calculations to analyze data and deliver comprehensive information is majority driving the market toward growth. This is further supported by the shifting inclination of consumers toward robo advisory over traditional investments on account of its several beneficial properties, such as low-cost portfolio, tax-loss harvesting, secure investments, judgement based on real-time statistics, which, in turn, assists in eliminating the credit risks. In line with this, the increasing need for automating complex event processing has led to significant technological advancements, such as the large-scale integration of artificial intelligence (AI) and machine learning (ML) solutions, which is aiding in minimizing the errors caused by human interventions. This, in turn, is acting as another major growth-inducing factor. Additionally, the extensive utilization of robo advisory for executing online surveys to predict investor preferences, risks and goals, and acquire information regarding the financial status of the client, degree of risk-aversion, and desired return on investments is further contributing to the market growth. Apart from this, the rising popularity of smartphones, laptops, and tablets amongst millennials for accessing information and communicating is further creating a positive outlook for the market across the globe.
Key Market Segmentation:
Breakup by Business Model:
- Pure Robo Advisors
- Hybrid Robo Advisors
Breakup by Service Type:
- Direct Plan-Based/Goal-Based
- Comprehensive Wealth Advisory
Breakup by Provider:
- Fintech Robo Advisors
- Banks
- Traditional Wealth Managers
- Others
Breakup by End User:
- Retail Investor
- High Net Worth Individuals (HNIs)
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Betterment, Ellevest, Fincite Gmbh, Ginmon Vermogensverwaltung GmbH, SigFig Wealth Management LLC, SoFi Technologies Inc., The Charles Schwab Corporation, The Vanguard Group Inc., Wealthfront Corporation and Wealthify Limited (Aviva plc).
Key Questions Answered in This Report
- 1.What was the size of the global robo advisory market in 2024?
- 2.What is the expected growth rate of the global robo advisory market during 2025-2033?
- 3.What are the key factors driving the global robo advisory market?
- 4.What has been the impact of COVID-19 on the global robo advisory market?
- 5.What is the breakup of the global robo advisory market based on the business model?
- 6.What is the breakup of the global robo advisory market based on the service type?
- 7.What is the breakup of the global robo advisory market based on the provider?
- 8.What is the breakup of the global robo advisory market based on the end user?
- 9.What are the key regions in the global robo advisory market?
- 10.Who are the key players/companies in the global robo advisory market?
Product Code: SR112025A5290
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Robo Advisory Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Business Model
- 6.1 Pure Robo Advisors
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Hybrid Robo Advisors
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Service Type
- 7.1 Direct Plan-Based/Goal-Based
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Comprehensive Wealth Advisory
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Provider
- 8.1 Fintech Robo Advisors
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Banks
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Traditional Wealth Managers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End User
- 9.1 Retail Investor
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 High Net Worth Individuals (HNIs)
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Betterment
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Ellevest
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Fincite Gmbh
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Ginmon Vermogensverwaltung GmbH
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 SigFig Wealth Management LLC
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 SoFi Technologies Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 The Charles Schwab Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 The Vanguard Group Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Wealthfront Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Wealthify Limited (Aviva plc)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.1 Betterment
Product Code: SR112025A5290
List of Figures
- Figure 1: Global: Robo Advisory Market: Major Drivers and Challenges
- Figure 2: Global: Robo Advisory Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Robo Advisory Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Robo Advisory Market: Breakup by Business Model (in %), 2024
- Figure 5: Global: Robo Advisory Market: Breakup by Service Type (in %), 2024
- Figure 6: Global: Robo Advisory Market: Breakup by Provider (in %), 2024
- Figure 7: Global: Robo Advisory Market: Breakup by End User (in %), 2024
- Figure 8: Global: Robo Advisory Market: Breakup by Region (in %), 2024
- Figure 9: Global: Robo Advisory (Pure Robo Advisors) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: Robo Advisory (Pure Robo Advisors) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: Robo Advisory (Hybrid Robo Advisors) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: Robo Advisory (Hybrid Robo Advisors) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: Robo Advisory (Direct Plan-Based/Goal-Based) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Robo Advisory (Direct Plan-Based/Goal-Based) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Robo Advisory (Comprehensive Wealth Advisory) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Robo Advisory (Comprehensive Wealth Advisory) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: Robo Advisory (Fintech Robo Advisors) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: Robo Advisory (Fintech Robo Advisors) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: Global: Robo Advisory (Banks) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: Global: Robo Advisory (Banks) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Global: Robo Advisory (Traditional Wealth Managers) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Global: Robo Advisory (Traditional Wealth Managers) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Global: Robo Advisory (Other Providers) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Global: Robo Advisory (Other Providers) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: Global: Robo Advisory (Retail Investor) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: Global: Robo Advisory (Retail Investor) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: Global: Robo Advisory (High Net Worth Individuals-HNIs) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: Global: Robo Advisory (High Net Worth Individuals-HNIs) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: North America: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: North America: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: United States: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: United States: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: Canada: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: Canada: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: Asia-Pacific: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: Asia-Pacific: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: China: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: China: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: Japan: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: Japan: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: India: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: India: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: South Korea: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: South Korea: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: Australia: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: Australia: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: Indonesia: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: Indonesia: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: Others: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: Others: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: Europe: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: Europe: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: Germany: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: Germany: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: France: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: France: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: United Kingdom: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: United Kingdom: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Italy: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Italy: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: Spain: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: Spain: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: Russia: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: Russia: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 65: Others: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 66: Others: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 67: Latin America: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 68: Latin America: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 69: Brazil: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 70: Brazil: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 71: Mexico: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 72: Mexico: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 73: Others: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 74: Others: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 75: Middle East and Africa: Robo Advisory Market: Sales Value (in Million USD), 2019 & 2024
- Figure 76: Middle East and Africa: Robo Advisory Market: Breakup by Country (in %), 2024
- Figure 77: Middle East and Africa: Robo Advisory Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 78: Global: Robo Advisory Industry: SWOT Analysis
- Figure 79: Global: Robo Advisory Industry: Value Chain Analysis
- Figure 80: Global: Robo Advisory Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Robo Advisory Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Robo Advisory Market Forecast: Breakup by Business Model (in Million USD), 2025-2033
- Table 3: Global: Robo Advisory Market Forecast: Breakup by Service Type (in Million USD), 2025-2033
- Table 4: Global: Robo Advisory Market Forecast: Breakup by Provider (in Million USD), 2025-2033
- Table 5: Global: Robo Advisory Market Forecast: Breakup by End User (in Million USD), 2025-2033
- Table 6: Global: Robo Advisory Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 7: Global: Robo Advisory Market: Competitive Structure
- Table 8: Global: Robo Advisory Market: Key Players
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