Robo-Advisors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025


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Transparency Market Research

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Global Robo-Advisors Market: Snapshot

The major benefits of robo-advisors so as to empower automatic management of person’s wealth based on calculations is the essential factor behind the growth of the global robo-advisors market. Various small investors would now be able to utilize robo-advisors to screen the advancement of their portfolio as they are accessible at low initial costs, are direct, and offer appealing returns. They are strikingly unique and imaginative than traditional investments plans offered by the financial division. It has been seen by the investigators that the present and forthcoming generation all over different rising economies are tech savvy and are inclining toward advanced devices. Apart from that, the merchants of money related advices are likewise holding onto the new innovations as they can enable them to serve a bigger pool of clients in an effective way.

In addition, the absence of direct contact or customized backing to the customers, raising danger profiles because of changing elements, for example, retirement and salary, and failure to adjust to changing situations on the run-time are a couple of elements impeding the robo-advisors market from achieving its actual potential.

Basically in the money related part, the need to manage the finances in digital environment has cleared to way augmenting the demand in robo-advisors market, which utilize preset calculations to sort buyers based on their capacity to manage risk and henceforth offer predefined and minimal effort ETFs. It has been seen that the coming of robo-advisors has decreased the expense of prices of the finance management from 1.0% - 2.0% to 0.15% - 0.50% of the overall resources. These advisors helps in automating rebalancing, building up a portfolio for the customers, and charge harvesting of tax-loss.

On the basis of mode of automation, the global robo-advisors market can be categorized into semi-automated and fully automated. However, in terms of services, the market is classified as retirement planning, tax-loss harvesting, investment advisors, business to business robo advisors, wealth management, and personal financial advisors.

The recent advancements in the fields of machine learning (ML), artificial intelligence (AI), and neural research are promising to revolutionize the business models of a number of industries wherein there has always been a strong demand for automation of complex activities that are handled by humans and hence are prone to errors. Primarily in the financial sector, the need to manage wealth in digital manners has paved to way an incrementing demand for robo-advisors, which use preset algorithms to sort consumers on the basis of their ability to manage risk and hence offer predefined and low-cost ETFs. It has been observed that the advent of robo-advisors has reduced the cost of wealth management from 1.0% to 2.0% to 0.15% to 0.50% of the total assets. These advisors helps in developing a portfolio for the clients, automates rebalancing, and tax-loss harvesting. Since it works under a transparent technology and offers effective and unbiased financial advice, the demand in the global robo-advisors market will continue to multiply during the forecast period of 2017 to 2025, according to this business and commerce study by Transparency Market Research.

Global Robo-Advisors Market: Key Research Aspects

The analysts of this report have developed a comprehensive study regarding the commerce of the market for robo-advisors, starting off with a crisp executive summary of the current condition and its future prospects. Then, there is a dedicated analysis chapter on various factors that may define the demand going forward, such as drivers, trends, opportunities, and challenges. Strong impetus has also been put on the segmentation of the market as it is essential for any business to identify which aspects have stronger demand rather than concentrating on a tradition. To complete a through business study, the report finishes off with a featured section on the competitive landscape, wherein top three and top five companies have been identified for their market shares, recent strategic decisions, product portfolio, and geographical presence.

Global Robo-Advisors Market: Trends and Opportunities

The sheer benefits of robo-advisors in order to enable automatic management of individual’s wealth on the basis of algorithms is the primary driver of the global robo-advisors market. A number of small investors can now use robo-advisors to monitor the development of their portfolio as they are available at low starting prices, offer attractive returns, and are transparent, strikingly different and innovative than classical investment plans offered by the banking sector. It has been observed by the analysts of the TMR report that the current and upcoming generation across various emerging economies are technology savvy and are preferring digital tools. In addition to that, the vendors of financial advices are also embracing the new technologies as they can help them serve a larger pool of customers in a time-efficient manner.

On the other hand, the lack of direct contact or personalized support to the clients, escalating risk profiles due to changing factors such as retirement and income, and inability to adapt to changing scenarios on the run-time are a few factors obstructing the robo-advisors market from attaining its true potential.

Based on the mode of automation, the global robo-advisors market can be segmented into fully automated and semi-automated, whereas on the basis of services, the market can be bifurcated into tax-loss harvesting, retirement planning, and investment advisors, wealth management, business to business robo advisors, and personal financial advisors.

Global Robo-Advisors Market: Regional Analysis

Geographically, the report takes stock of the potential of the demand that can be expected from every important region including North America, Asia Pacific, Europe, South America, and the Middle East and Africa.

Global Robo-Advisors Market: Competitive Landscape

Wealthfront Inc., Betterment Holdings Inc., Charles Schwab & Co., Bambu, Hedgeable, Inc., WiseBanyan, Inc., Ally Financial Inc., AssetBuilder Inc., SigFig Wealth Management, and blooom, Inc. are some of the key companies operating in this market.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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