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Global Robo Advisory Services Market 2024-2028

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    Report

  • 155 Pages
  • February 2024
  • Region: Global
  • TechNavio
  • ID: 5941994
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The robo advisory services market is forecasted to grow by USD 1306.37 bn during 2023-2028, accelerating at a CAGR of 9.16% during the forecast period. The report on the robo advisory services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of AI and ML in robo advisory services, the growing integration of robo advisory services with wealth management platforms, and the rising demand for passive investing.

The robo advisory services market is segmented as below:

By End-user

  • High net worth individuals
  • Retail investors

By Service Type

  • Portfolio management
  • Tax optimization
  • Retirement planning
  • Others

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the growing adoption of hybrid robo advisory models as one of the prime reasons driving the robo advisory services market growth during the next few years. Also, emergence of natural language processing in robo advisory services and growing focus on sustainable and responsible investing will lead to sizable demand in the market.

The report on the robo advisory services market covers the following areas:

  • Robo advisory services market sizing
  • Robo advisory services market forecast
  • Robo advisory services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading robo advisory services market vendors that include ACORNS ADVISERS LLC, Axos Financial Inc., Betterment LLC, Fincite GmbH, FMR LLC, Ginmon Vermogensverwaltung GmbH, JPMorgan Chase and Co., M1 Holdings Inc., MFM Investment Ltd., Robinhood Financial LLC, Scalable Capital GmbH, SigFig Wealth Management LLC, SoFi Technologies Inc., Stash Financial Inc., The Charles Schwab Corp., The Vanguard Group Inc., Wealthfront Corp., Wealthify Ltd., Bank of America Corp., and BlackRock Inc.. Also, the robo advisory services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Service Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global robo advisory services market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global robo advisory services market 2018 - 2022 ($ billion)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Service type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Service type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 High net worth individuals - Market size and forecast 2023-2028
Exhibit 34: Chart on High net worth individuals - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on High net worth individuals - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on High net worth individuals - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on High net worth individuals - Year-over-year growth 2023-2028 (%)
6.4 Retail investors - Market size and forecast 2023-2028
Exhibit 38: Chart on Retail investors - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Retail investors - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Retail investors - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Retail investors - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ billion)
Exhibit 43: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Service Type
7.1 Market segments
Exhibit 44: Chart on Service Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Service Type - Market share 2023-2028 (%)
7.2 Comparison by Service Type
Exhibit 46: Chart on Comparison by Service Type
Exhibit 47: Data Table on Comparison by Service Type
7.3 Portfolio management - Market size and forecast 2023-2028
Exhibit 48: Chart on Portfolio management - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Portfolio management - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Portfolio management - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Portfolio management - Year-over-year growth 2023-2028 (%)
7.4 Tax optimization - Market size and forecast 2023-2028
Exhibit 52: Chart on Tax optimization - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Tax optimization - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Tax optimization - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Tax optimization - Year-over-year growth 2023-2028 (%)
7.5 Retirement planning - Market size and forecast 2023-2028
Exhibit 56: Chart on Retirement planning - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Retirement planning - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Retirement planning - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Retirement planning - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Service Type
Exhibit 64: Market opportunity by Service Type ($ billion)
Exhibit 65: Data Table on Market opportunity by Service Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 ACORNS ADVISERS LLC
Exhibit 119: ACORNS ADVISERS LLC - Overview
Exhibit 120: ACORNS ADVISERS LLC - Product / Service
Exhibit 121: ACORNS ADVISERS LLC - Key offerings
12.4 Betterment LLC
Exhibit 122: Betterment LLC - Overview
Exhibit 123: Betterment LLC - Product / Service
Exhibit 124: Betterment LLC - Key offerings
12.5 Fincite GmbH
Exhibit 125: Fincite GmbH - Overview
Exhibit 126: Fincite GmbH - Product / Service
Exhibit 127: Fincite GmbH - Key offerings
12.6 FMR LLC
Exhibit 128: FMR LLC - Overview
Exhibit 129: FMR LLC - Product / Service
Exhibit 130: FMR LLC - Key offerings
12.7 Ginmon Vermogensverwaltung GmbH
Exhibit 131: Ginmon Vermogensverwaltung GmbH - Overview
Exhibit 132: Ginmon Vermogensverwaltung GmbH - Product / Service
Exhibit 133: Ginmon Vermogensverwaltung GmbH - Key offerings
12.8 M1 Holdings Inc.
Exhibit 134: M1 Holdings Inc. - Overview
Exhibit 135: M1 Holdings Inc. - Product / Service
Exhibit 136: M1 Holdings Inc. - Key offerings
12.9 MFM Investment Ltd.
Exhibit 137: MFM Investment Ltd. - Overview
Exhibit 138: MFM Investment Ltd. - Product / Service
Exhibit 139: MFM Investment Ltd. - Key offerings
12.10 Robinhood Financial LLC
Exhibit 140: Robinhood Financial LLC - Overview
Exhibit 141: Robinhood Financial LLC - Product / Service
Exhibit 142: Robinhood Financial LLC - Key offerings
12.11 Scalable Capital GmbH
Exhibit 143: Scalable Capital GmbH - Overview
Exhibit 144: Scalable Capital GmbH - Product / Service
Exhibit 145: Scalable Capital GmbH - Key offerings
12.12 SigFig Wealth Management LLC
Exhibit 146: SigFig Wealth Management LLC - Overview
Exhibit 147: SigFig Wealth Management LLC - Product / Service
Exhibit 148: SigFig Wealth Management LLC - Key offerings
12.13 SoFi Technologies Inc.
Exhibit 149: SoFi Technologies Inc. - Overview
Exhibit 150: SoFi Technologies Inc. - Product / Service
Exhibit 151: SoFi Technologies Inc. - Key offerings
12.14 The Charles Schwab Corp.
Exhibit 152: The Charles Schwab Corp. - Overview
Exhibit 153: The Charles Schwab Corp. - Business segments
Exhibit 154: The Charles Schwab Corp. - Key offerings
Exhibit 155: The Charles Schwab Corp. - Segment focus
12.15 The Vanguard Group Inc.
Exhibit 156: The Vanguard Group Inc. - Overview
Exhibit 157: The Vanguard Group Inc. - Product / Service
Exhibit 158: The Vanguard Group Inc. - Key offerings
12.16 Wealthfront Corp.
Exhibit 159: Wealthfront Corp. - Overview
Exhibit 160: Wealthfront Corp. - Product / Service
Exhibit 161: Wealthfront Corp. - Key offerings
12.17 Wealthify Ltd.
Exhibit 162: Wealthify Ltd. - Overview
Exhibit 163: Wealthify Ltd. - Product / Service
Exhibit 164: Wealthify Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 165: Inclusions checklist
Exhibit 166: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 167: Currency conversion rates for US$
13.4 Research methodology
Exhibit 168: Research methodology
Exhibit 169: Validation techniques employed for market sizing
Exhibit 170: Information sources
13.5 List of abbreviations
Exhibit 171: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 6: Executive Summary - Chart on Market Segmentation by Service Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Five forces analysis - Comparison between 2023 and 2028
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 21: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 22: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 24: Chart on Market condition - Five forces 2023 and 2028
Exhibits 25: Chart on End-user - Market share 2023-2028 (%)
Exhibits 26: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 27: Chart on Comparison by End-user
Exhibits 28: Data Table on Comparison by End-user
Exhibits 29: Chart on High net worth individuals - Market size and forecast 2023-2028 ($ billion)
Exhibits 30: Data Table on High net worth individuals - Market size and forecast 2023-2028 ($ billion)
Exhibits 31: Chart on High net worth individuals - Year-over-year growth 2023-2028 (%)
Exhibits 32: Data Table on High net worth individuals - Year-over-year growth 2023-2028 (%)
Exhibits 33: Chart on Retail investors - Market size and forecast 2023-2028 ($ billion)
Exhibits 34: Data Table on Retail investors - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Chart on Retail investors - Year-over-year growth 2023-2028 (%)
Exhibits 36: Data Table on Retail investors - Year-over-year growth 2023-2028 (%)
Exhibits 37: Market opportunity by End-user ($ billion)
Exhibits 38: Data Table on Market opportunity by End-user ($ billion)
Exhibits 39: Chart on Service Type - Market share 2023-2028 (%)
Exhibits 40: Data Table on Service Type - Market share 2023-2028 (%)
Exhibits 41: Chart on Comparison by Service Type
Exhibits 42: Data Table on Comparison by Service Type
Exhibits 43: Chart on Portfolio management - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Data Table on Portfolio management - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Chart on Portfolio management - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Portfolio management - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Tax optimization - Market size and forecast 2023-2028 ($ billion)
Exhibits 48: Data Table on Tax optimization - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Chart on Tax optimization - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Tax optimization - Year-over-year growth 2023-2028 (%)
Exhibits 51: Chart on Retirement planning - Market size and forecast 2023-2028 ($ billion)
Exhibits 52: Data Table on Retirement planning - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Chart on Retirement planning - Year-over-year growth 2023-2028 (%)
Exhibits 54: Data Table on Retirement planning - Year-over-year growth 2023-2028 (%)
Exhibits 55: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 56: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 58: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 59: Market opportunity by Service Type ($ billion)
Exhibits 60: Data Table on Market opportunity by Service Type ($ billion)
Exhibits 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 62: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 63: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 64: Chart on Geographic comparison
Exhibits 65: Data Table on Geographic comparison
Exhibits 66: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 67: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 74: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 77: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 78: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 79: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 81: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 82: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 85: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 86: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 89: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 90: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 93: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 94: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 97: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 98: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 101: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 102: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 105: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 106: Market opportunity By Geographical Landscape ($ billion)
Exhibits 107: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 108: Impact of drivers and challenges in 2023 and 2028
Exhibits 109: Overview on Criticality of inputs and Factors of differentiation
Exhibits 110: Overview on factors of disruption
Exhibits 111: Impact of key risks on business
Exhibits 112: Vendors covered
Exhibits 113: Matrix on vendor position and classification
Exhibits 114: ACORNS ADVISERS LLC - Overview
Exhibits 115: ACORNS ADVISERS LLC - Product / Service
Exhibits 116: ACORNS ADVISERS LLC - Key offerings
Exhibits 117: Betterment LLC - Overview
Exhibits 118: Betterment LLC - Product / Service
Exhibits 119: Betterment LLC - Key offerings
Exhibits 120: Fincite GmbH - Overview
Exhibits 121: Fincite GmbH - Product / Service
Exhibits 122: Fincite GmbH - Key offerings
Exhibits 123: FMR LLC - Overview
Exhibits 124: FMR LLC - Product / Service
Exhibits 125: FMR LLC - Key offerings
Exhibits 126: Ginmon Vermogensverwaltung GmbH - Overview
Exhibits 127: Ginmon Vermogensverwaltung GmbH - Product / Service
Exhibits 128: Ginmon Vermogensverwaltung GmbH - Key offerings
Exhibits 129: M1 Holdings Inc. - Overview
Exhibits 130: M1 Holdings Inc. - Product / Service
Exhibits 131: M1 Holdings Inc. - Key offerings
Exhibits 132: MFM Investment Ltd. - Overview
Exhibits 133: MFM Investment Ltd. - Product / Service
Exhibits 134: MFM Investment Ltd. - Key offerings
Exhibits 135: Robinhood Financial LLC - Overview
Exhibits 136: Robinhood Financial LLC - Product / Service
Exhibits 137: Robinhood Financial LLC - Key offerings
Exhibits 138: Scalable Capital GmbH - Overview
Exhibits 139: Scalable Capital GmbH - Product / Service
Exhibits 140: Scalable Capital GmbH - Key offerings
Exhibits 141: SigFig Wealth Management LLC - Overview
Exhibits 142: SigFig Wealth Management LLC - Product / Service
Exhibits 143: SigFig Wealth Management LLC - Key offerings
Exhibits 144: SoFi Technologies Inc. - Overview
Exhibits 145: SoFi Technologies Inc. - Product / Service
Exhibits 146: SoFi Technologies Inc. - Key offerings
Exhibits 147: The Charles Schwab Corp. - Overview
Exhibits 148: The Charles Schwab Corp. - Business segments
Exhibits 149: The Charles Schwab Corp. - Key offerings
Exhibits 150: The Charles Schwab Corp. - Segment focus
Exhibits 151: The Vanguard Group Inc. - Overview
Exhibits 152: The Vanguard Group Inc. - Product / Service
Exhibits 153: The Vanguard Group Inc. - Key offerings
Exhibits 154: Wealthfront Corp. - Overview
Exhibits 155: Wealthfront Corp. - Product / Service
Exhibits 156: Wealthfront Corp. - Key offerings
Exhibits 157: Wealthify Ltd. - Overview
Exhibits 158: Wealthify Ltd. - Product / Service
Exhibits 159: Wealthify Ltd. - Key offerings
Exhibits 160: Inclusions checklist
Exhibits 161: Exclusions checklist
Exhibits 162: Currency conversion rates for US$
Exhibits 163: Research methodology
Exhibits 164: Validation techniques employed for market sizing
Exhibits 165: Information sources
Exhibits 166: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global robo advisory services market: ACORNS ADVISERS LLC, Axos Financial Inc., Betterment LLC, Fincite GmbH, FMR LLC, Ginmon Vermogensverwaltung GmbH, JPMorgan Chase and Co., M1 Holdings Inc., MFM Investment Ltd., Robinhood Financial LLC, Scalable Capital GmbH, SigFig Wealth Management LLC, SoFi Technologies Inc., Stash Financial Inc., The Charles Schwab Corp., The Vanguard Group Inc., Wealthfront Corp., Wealthify Ltd., Bank of America Corp., and BlackRock Inc.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing adoption of hybrid robo advisory models.'

According to the report, one of the major drivers for this market is the growing adoption of AI and ML in robo advisory services.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ACORNS ADVISERS LLC
  • Axos Financial Inc.
  • Betterment LLC
  • Fincite GmbH
  • FMR LLC
  • Ginmon Vermogensverwaltung GmbH
  • JPMorgan Chase and Co.
  • M1 Holdings Inc.
  • MFM Investment Ltd.
  • Robinhood Financial LLC
  • Scalable Capital GmbH
  • SigFig Wealth Management LLC
  • SoFi Technologies Inc.
  • Stash Financial Inc.
  • The Charles Schwab Corp.
  • The Vanguard Group Inc.
  • Wealthfront Corp.
  • Wealthify Ltd.
  • Bank of America Corp.
  • BlackRock Inc.