Robo-Advisory Software Market Growth, Trends

According to SPER Market Research, the Robo-Advisory Software Market is a big impact on the Robo advising sector. The efficiency of Robo-advisory is anticipated to rise with the development of technology in fields like advanced analytics, artificial intelligence, and natural language processing. As a result, robo-advisors will be able to improve their value offer and have a bigger impact on the entire value chain. For instance, US-based Robo advising company Unifimoney Inc. announced a partnership with Quantel AI Inc. to introduce AI-based robo-investment solutions as a part of the Unifimoney investing platform. These solutions will assess the risk profile and stated goals using Quantel’s in-house AI engines and offer recommendations on the best portfolio to match the customer’s objectives.

The COVID-19 pandemic is expected to significantly drive market growth during the forecast period. The pandemic has increased global demand for digital financing, robo advisors, financial planning solutions services, and investment management. Several companies have reported increased digital investment activity in the first quarter of 2020. For example, Interactive Investor, a U.K.-based broker firm, reported an Exclusively increase in the number of individual savings accounts opened on its platform in April 2020 compared to the previous year.

Robo-Advisory Software Market Overview:

Forecast CAGR (2022-2032): 32.97%
Forecast Market Size (2032): 7.0 billion

Impact of COVID-19 on the Global Robo-Advisory Software Market:

The COVID-19 pandemic is expected to considerably boost market expansion during the forecast period. The epidemic has increased demand for investment management, Robo advisers, digital finance, and financial planning services across international borders. In the first quarter of 2020, several companies have reported growing digital investment activity. For instance, a U.K.-based broker firm called Interactive Investor reported an exponential rise in the number of individual savings accounts established on its website in April 2020 compared to the prior year.

Request For Free Sample Report @ https://www.sperresearch.com/report-store/robo-advisory-software-market.aspx?sample=1

Robo-Advisory Software Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Type:

Hybrid Robo Advisors
Pure Robo Advisors

By Provider:

Banks
Fintech Robo Advisors
Traditional Wealth Managers
Others

By Service Type:

Direct Plan Based/Goal Based
Comprehensive Wealth Advisory

By End-Use:

Retail Investor
High Net Worth Individuals

By Region:

Asia-Pacific
Europe
Middle East & Africa
North America
Latin America

North America dominated the market in previous year, accounting for more than quarter of the total. The presence of several prominent players, including Betterment.com, the Vanguard Group, Inc., and others, is expected to drive the growth of the US robo advisory market. For example, The Vanguard Group, Inc. announced the launch of robo-advice services. The service, according to the company, is intended to eliminate human intervention, thereby minimising errors and performing quick calculations.

Robo-Advisory Software Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Betterment; Fincite GmbH; Wealthfront Corporation; The Vanguard Group, Inc.; Charles Schwab & Co., Inc.; Ellevest; Ginmon Vermögensverwaltung GmbH; Wealthify Limited; Social Finance, Inc.; SigFig Wealth Management.

For More Information, refer to below link: - 

Robo-Advisory Software Market Size

Microprinting Market Size- By Type, By Substrate Type, By Ink Type, By Print Type, By End-User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Follow Us –

LinkedIn | Instagram | Facebook | Twitter

Contact Us:

Sara Lopes, Business Consultant – USA

SPER Market Research

enquiries@sperresearch.com

+1-347-460-2899