The global robo advisory market is expected to grow at a CAGR of around 28.2% during 2024-2033. This report on global robo advisory market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global robo advisory market by segmenting the market based on business model, service type, provider, end user and region. Also, detailed profiles of companies operating in the robo advisory market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Digitization in BFSI Industry
• Cost-Efficiency to Manage Personal Finance
Market Challenges
• Lack of Human Expertise
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Business Model
• Pure Robo Advisors
• Hybrid Robo Advisors
Market by Service Type
• Direct Plan-Based/Goal-Based
• Comprehensive Wealth Advisory
Market by Provider
• Fintech Robo Advisors
• Banks
• Traditional Wealth Managers
• Other Providers
Market by End User
• Retail Investor
• High Net Worth Individuals (HNIs)
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa