Global Robo Advisory Industry

Global Robo Advisory Industry

  • April 2021 •
  • 106 pages •
  • Report ID: 5960704 •
  • Format: PDF
Abstract:
- Global Robo Advisory Market to Reach $6.2 Trillion by 2027
- Amid the COVID-19 crisis, the global market for Robo Advisory estimated at US$2.6 Trillion in the year 2020, is projected to reach a revised size of US$6.2 Trillion by 2027, growing at a CAGR of 13.5% over the period 2020-2027.
- The U.S. Market is Estimated at $757.5 Billion, While China is Forecast to Grow at 13% CAGR
- The Robo Advisory market in the U.S. is estimated at US$757.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Trillion by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 11.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR.

- Select Competitors (Total 44 Featured) -
  • Betterment LLC
  • Charles Schwab Corporation
  • FutureAdvisor
  • Hedgeable, Inc.
  • Nutmeg
  • Personal Capital
  • SigFig Wealth Management
  • Stash Invest
  • Vanguard Personal Advisor
  • Wealthfront Inc.
  • WiseBanyan