Robo-Advisors Market To Perceive Substantial Growth Of $5,401.19 Billion By 2028
The global robo-advisors market size was valued at USD 1,400.30 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 18.6% from 2021 to 2028.
The global robo-advisors market size was valued at USD 1,400.30 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 18.6% from 2021 to 2028.
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Robo-Advisors Market Report Highlights
• Asia Pacific is estimated to grow at the highest CAGR from 2021 to 2028 due to a rise in internet usage along
with low-cost investment guidance, as well as growth in digital consulting technologies’ maturity
• North America accounted for the largest market share in 2020. The U.S. majorly contributes to the North
America regional market
• The U.S. was the first country to introduce the automated financial advisor and also represent the leading roboadvisory
industry in the world
• The rise in the adoption of robot advisory among investors is also acting as a reason for the growing demand for
this technology. The highest asset under management in the market was reached in the U.S. in 2020
• The financial advisory services segment is likely to register the highest CAGR from 2021 to 2028
• FinTech companies depend on technology advisory by implementing AI and ML to offer precise and transparent
services to retail investors, thereby driving the segment growth
Robo-Advisors Market Segmentation
Million Insights has segmented the global robo-advisors market on the basis of type and region:
• Robo-Advisors Type Outlook (Revenue, USD Billion, 2017 - 2028)
• Automated Online Portfolio Management Services
• Financial Advisory Services
• Robo-Advisors Regional Outlook (Revenue, USD Billion, 2017 - 2028)
• North America
• U.S.
• Canada
• Europe
• U.K.