Global Robo-advisory Service Supply, Demand and Key Producers, 2024-2030
Page: 103
Published Date: 11 Feb 2024
Category: Service & Software
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
The global Robo-advisory Service market size is expected to reach $ 377.4 million by 2030, rising at a market growth of 7.4% CAGR during the forecast period (2024-2030).
Some of the future market trends of Robo-advisory Service are:
A focus on customization and personalization, as robo-advisors will offer more tailored and flexible solutions to meet the diverse needs and preferences of investors.
Advancements in technology, such as artificial intelligence, machine learning, and data analytics, that will enable robo-advisors to process vast amounts of data, assess market trends, and provide more accurate and efficient investment advice.
The emergence of hybrid models, which combine the benefits of robo-advisors and human advisors, to offer a more holistic and comprehensive financial service4 Hybrid models can provide more trust, empathy, and complexity to investors who seek more human interaction and guidance.
A growing emphasis on sustainable and ESG (Environmental, Social, and Governance) investing, as robo-advisors will incorporate ESG criteria and values into their portfolio construction and optimization. ESG investing can help investors align their investments with their social and environmental goals, as well as enhance their long-term returns and risk management.
The rise of crypto and alternative investments, as robo-advisors will expand their offerings to include more diverse and innovative asset classes, such as cryptocurrencies, digital assets, real estate, and private equity.Crypto and alternative investments can provide more opportunities for diversification, growth, and hedging for investors who seek higher returns and lower correlation with traditional markets.
Increased partnerships and collaborations within the industry, as robo-advisors will leverage the expertise and resources of other players, such as banks, fintech companies, traditional wealth managers, and regulators, to enhance their products and services, reach new markets, and comply with regulations.
Robo-advisory Service is a digital platform that provides automated, algorithm-driven financial planning and investment services with little to no human supervision.Robo-advisors use advanced algorithms to analyze an investor’s financial situation, goals, risk tolerance, and other relevant factors to provide personalized investment strategies.Robo-advisors can offer various types of services, such as investment advice, wealth management, retirement planning, tax-loss harvesting, and more.Robo-advisors are often inexpensive and require low opening balances, making them accessible to retail investors.Robo-advisors are also known as automated investment advisors, automated investment management, or digital advice platforms.
This report studies the global Robo-advisory Service demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Robo-advisory Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Robo-advisory Service that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Robo-advisory Service total market, 2019-2030, (USD Million)
Global Robo-advisory Service total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Robo-advisory Service total market, key domestic companies and share, (USD Million)
Global Robo-advisory Service revenue by player and market share 2019-2024, (USD Million)
Global Robo-advisory Service total market by Type, CAGR, 2019-2030, (USD Million)
Global Robo-advisory Service total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Robo-advisory Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Betterment LLC, Wealthfront Corporation, The Vanguard Group, Inc., Charles Schwab & Co., Inc., BlackRock, Inc. (FutureAdvisor), FMR LLC (Fidelity Go), Roboadviso and M1 Holdings Inc., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Robo-advisory Service market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Robo-advisory Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Robo-advisory Service Market, Segmentation by Type
Investment Advisors
Wealth Management
Retirement Planning
Tax-loss Harvesting
Global Robo-advisory Service Market, Segmentation by Application
Banking
Financial Services
Insurance
Companies Profiled:
Betterment LLC
Wealthfront Corporation
The Vanguard Group, Inc.
Charles Schwab & Co., Inc.
BlackRock, Inc. (FutureAdvisor)
FMR LLC (Fidelity Go)
Roboadviso
M1 Holdings Inc.
Key Questions Answered
1. How big is the global Robo-advisory Service market?
2. What is the demand of the global Robo-advisory Service market?
3. What is the year over year growth of the global Robo-advisory Service market?
4. What is the total value of the global Robo-advisory Service market?
5. Who are the major players in the global Robo-advisory Service market?
Table of Contents
1 Supply Summary
1.1 Robo-advisory Service Introduction
1.2 World Robo-advisory Service Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Robo-advisory Service Total Market by Region (by Headquarter Location)
1.3.1 World Robo-advisory Service Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Robo-advisory Service Market Size (2019-2030)
1.3.3 China Robo-advisory Service Market Size (2019-2030)
1.3.4 Europe Robo-advisory Service Market Size (2019-2030)
1.3.5 Japan Robo-advisory Service Market Size (2019-2030)
1.3.6 South Korea Robo-advisory Service Market Size (2019-2030)
1.3.7 ASEAN Robo-advisory Service Market Size (2019-2030)
1.3.8 India Robo-advisory Service Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Robo-advisory Service Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Robo-advisory Service Major Market Trends
2 Demand Summary
2.1 World Robo-advisory Service Consumption Value (2019-2030)
2.2 World Robo-advisory Service Consumption Value by Region
2.2.1 World Robo-advisory Service Consumption Value by Region (2019-2024)
2.2.2 World Robo-advisory Service Consumption Value Forecast by Region (2025-2030)
2.3 United States Robo-advisory Service Consumption Value (2019-2030)
2.4 China Robo-advisory Service Consumption Value (2019-2030)
2.5 Europe Robo-advisory Service Consumption Value (2019-2030)
2.6 Japan Robo-advisory Service Consumption Value (2019-2030)
2.7 South Korea Robo-advisory Service Consumption Value (2019-2030)
2.8 ASEAN Robo-advisory Service Consumption Value (2019-2030)
2.9 India Robo-advisory Service Consumption Value (2019-2030)
3 World Robo-advisory Service Companies Competitive Analysis
3.1 World Robo-advisory Service Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Robo-advisory Service Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Robo-advisory Service in 2023
3.2.3 Global Concentration Ratios (CR8) for Robo-advisory Service in 2023
3.3 Robo-advisory Service Company Evaluation Quadrant
3.4 Robo-advisory Service Market: Overall Company Footprint Analysis
3.4.1 Robo-advisory Service Market: Region Footprint
3.4.2 Robo-advisory Service Market: Company Product Type Footprint
3.4.3 Robo-advisory Service Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Robo-advisory Service Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Robo-advisory Service Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Robo-advisory Service Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Robo-advisory Service Consumption Value Comparison
4.2.1 United States VS China: Robo-advisory Service Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Robo-advisory Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Robo-advisory Service Companies and Market Share, 2019-2024
4.3.1 United States Based Robo-advisory Service Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Robo-advisory Service Revenue, (2019-2024)
4.4 China Based Companies Robo-advisory Service Revenue and Market Share, 2019-2024
4.4.1 China Based Robo-advisory Service Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Robo-advisory Service Revenue, (2019-2024)
4.5 Rest of World Based Robo-advisory Service Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Robo-advisory Service Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Robo-advisory Service Revenue, (2019-2024)
5 Market Analysis by Type
5.1 World Robo-advisory Service Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Investment Advisors
5.2.2 Wealth Management
5.2.3 Retirement Planning
5.2.4 Tax-loss Harvesting
5.3 Market Segment by Type
5.3.1 World Robo-advisory Service Market Size by Type (2019-2024)
5.3.2 World Robo-advisory Service Market Size by Type (2025-2030)
5.3.3 World Robo-advisory Service Market Size Market Share by Type (2019-2030)
6 Market Analysis by Application
6.1 World Robo-advisory Service Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Banking
6.2.2 Financial Services
6.2.3 Insurance
6.3 Market Segment by Application
6.3.1 World Robo-advisory Service Market Size by Application (2019-2024)
6.3.2 World Robo-advisory Service Market Size by Application (2025-2030)
6.3.3 World Robo-advisory Service Market Size by Application (2019-2030)
7 Company Profiles
7.1 Betterment LLC
7.1.1 Betterment LLC Details
7.1.2 Betterment LLC Major Business
7.1.3 Betterment LLC Robo-advisory Service Product and Services
7.1.4 Betterment LLC Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Betterment LLC Recent Developments/Updates
7.1.6 Betterment LLC Competitive Strengths & Weaknesses
7.2 Wealthfront Corporation
7.2.1 Wealthfront Corporation Details
7.2.2 Wealthfront Corporation Major Business
7.2.3 Wealthfront Corporation Robo-advisory Service Product and Services
7.2.4 Wealthfront Corporation Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Wealthfront Corporation Recent Developments/Updates
7.2.6 Wealthfront Corporation Competitive Strengths & Weaknesses
7.3 The Vanguard Group, Inc.
7.3.1 The Vanguard Group, Inc. Details
7.3.2 The Vanguard Group, Inc. Major Business
7.3.3 The Vanguard Group, Inc. Robo-advisory Service Product and Services
7.3.4 The Vanguard Group, Inc. Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 The Vanguard Group, Inc. Recent Developments/Updates
7.3.6 The Vanguard Group, Inc. Competitive Strengths & Weaknesses
7.4 Charles Schwab & Co., Inc.
7.4.1 Charles Schwab & Co., Inc. Details
7.4.2 Charles Schwab & Co., Inc. Major Business
7.4.3 Charles Schwab & Co., Inc. Robo-advisory Service Product and Services
7.4.4 Charles Schwab & Co., Inc. Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Charles Schwab & Co., Inc. Recent Developments/Updates
7.4.6 Charles Schwab & Co., Inc. Competitive Strengths & Weaknesses
7.5 BlackRock, Inc. (FutureAdvisor)
7.5.1 BlackRock, Inc. (FutureAdvisor) Details
7.5.2 BlackRock, Inc. (FutureAdvisor) Major Business
7.5.3 BlackRock, Inc. (FutureAdvisor) Robo-advisory Service Product and Services
7.5.4 BlackRock, Inc. (FutureAdvisor) Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 BlackRock, Inc. (FutureAdvisor) Recent Developments/Updates
7.5.6 BlackRock, Inc. (FutureAdvisor) Competitive Strengths & Weaknesses
7.6 FMR LLC (Fidelity Go)
7.6.1 FMR LLC (Fidelity Go) Details
7.6.2 FMR LLC (Fidelity Go) Major Business
7.6.3 FMR LLC (Fidelity Go) Robo-advisory Service Product and Services
7.6.4 FMR LLC (Fidelity Go) Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 FMR LLC (Fidelity Go) Recent Developments/Updates
7.6.6 FMR LLC (Fidelity Go) Competitive Strengths & Weaknesses
7.7 Roboadviso
7.7.1 Roboadviso Details
7.7.2 Roboadviso Major Business
7.7.3 Roboadviso Robo-advisory Service Product and Services
7.7.4 Roboadviso Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Roboadviso Recent Developments/Updates
7.7.6 Roboadviso Competitive Strengths & Weaknesses
7.8 M1 Holdings Inc.
7.8.1 M1 Holdings Inc. Details
7.8.2 M1 Holdings Inc. Major Business
7.8.3 M1 Holdings Inc. Robo-advisory Service Product and Services
7.8.4 M1 Holdings Inc. Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 M1 Holdings Inc. Recent Developments/Updates
7.8.6 M1 Holdings Inc. Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Robo-advisory Service Industry Chain
8.2 Robo-advisory Service Upstream Analysis
8.3 Robo-advisory Service Midstream Analysis
8.4 Robo-advisory Service Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Robo-advisory Service Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Robo-advisory Service Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Robo-advisory Service Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Robo-advisory Service Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Robo-advisory Service Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Robo-advisory Service Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Robo-advisory Service Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Robo-advisory Service Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Robo-advisory Service Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Robo-advisory Service Players in 2023
Table 12. World Robo-advisory Service Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Robo-advisory Service Company Evaluation Quadrant
Table 14. Head Office of Key Robo-advisory Service Player
Table 15. Robo-advisory Service Market: Company Product Type Footprint
Table 16. Robo-advisory Service Market: Company Product Application Footprint
Table 17. Robo-advisory Service Mergers & Acquisitions Activity
Table 18. United States VS China Robo-advisory Service Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Robo-advisory Service Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Robo-advisory Service Companies, Headquarters (States, Country)
Table 21. United States Based Companies Robo-advisory Service Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Robo-advisory Service Revenue Market Share (2019-2024)
Table 23. China Based Robo-advisory Service Companies, Headquarters (Province, Country)
Table 24. China Based Companies Robo-advisory Service Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Robo-advisory Service Revenue Market Share (2019-2024)
Table 26. Rest of World Based Robo-advisory Service Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Robo-advisory Service Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Robo-advisory Service Revenue Market Share (2019-2024)
Table 29. World Robo-advisory Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Robo-advisory Service Market Size by Type (2019-2024) & (USD Million)
Table 31. World Robo-advisory Service Market Size by Type (2025-2030) & (USD Million)
Table 32. World Robo-advisory Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Robo-advisory Service Market Size by Application (2019-2024) & (USD Million)
Table 34. World Robo-advisory Service Market Size by Application (2025-2030) & (USD Million)
Table 35. Betterment LLC Basic Information, Area Served and Competitors
Table 36. Betterment LLC Major Business
Table 37. Betterment LLC Robo-advisory Service Product and Services
Table 38. Betterment LLC Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Betterment LLC Recent Developments/Updates
Table 40. Betterment LLC Competitive Strengths & Weaknesses
Table 41. Wealthfront Corporation Basic Information, Area Served and Competitors
Table 42. Wealthfront Corporation Major Business
Table 43. Wealthfront Corporation Robo-advisory Service Product and Services
Table 44. Wealthfront Corporation Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Wealthfront Corporation Recent Developments/Updates
Table 46. Wealthfront Corporation Competitive Strengths & Weaknesses
Table 47. The Vanguard Group, Inc. Basic Information, Area Served and Competitors
Table 48. The Vanguard Group, Inc. Major Business
Table 49. The Vanguard Group, Inc. Robo-advisory Service Product and Services
Table 50. The Vanguard Group, Inc. Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. The Vanguard Group, Inc. Recent Developments/Updates
Table 52. The Vanguard Group, Inc. Competitive Strengths & Weaknesses
Table 53. Charles Schwab & Co., Inc. Basic Information, Area Served and Competitors
Table 54. Charles Schwab & Co., Inc. Major Business
Table 55. Charles Schwab & Co., Inc. Robo-advisory Service Product and Services
Table 56. Charles Schwab & Co., Inc. Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Charles Schwab & Co., Inc. Recent Developments/Updates
Table 58. Charles Schwab & Co., Inc. Competitive Strengths & Weaknesses
Table 59. BlackRock, Inc. (FutureAdvisor) Basic Information, Area Served and Competitors
Table 60. BlackRock, Inc. (FutureAdvisor) Major Business
Table 61. BlackRock, Inc. (FutureAdvisor) Robo-advisory Service Product and Services
Table 62. BlackRock, Inc. (FutureAdvisor) Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. BlackRock, Inc. (FutureAdvisor) Recent Developments/Updates
Table 64. BlackRock, Inc. (FutureAdvisor) Competitive Strengths & Weaknesses
Table 65. FMR LLC (Fidelity Go) Basic Information, Area Served and Competitors
Table 66. FMR LLC (Fidelity Go) Major Business
Table 67. FMR LLC (Fidelity Go) Robo-advisory Service Product and Services
Table 68. FMR LLC (Fidelity Go) Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. FMR LLC (Fidelity Go) Recent Developments/Updates
Table 70. FMR LLC (Fidelity Go) Competitive Strengths & Weaknesses
Table 71. Roboadviso Basic Information, Area Served and Competitors
Table 72. Roboadviso Major Business
Table 73. Roboadviso Robo-advisory Service Product and Services
Table 74. Roboadviso Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Roboadviso Recent Developments/Updates
Table 76. M1 Holdings Inc. Basic Information, Area Served and Competitors
Table 77. M1 Holdings Inc. Major Business
Table 78. M1 Holdings Inc. Robo-advisory Service Product and Services
Table 79. M1 Holdings Inc. Robo-advisory Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 80. Global Key Players of Robo-advisory Service Upstream (Raw Materials)
Table 81. Robo-advisory Service Typical Customers
List of Figure
Figure 1. Robo-advisory Service Picture
Figure 2. World Robo-advisory Service Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Robo-advisory Service Total Market Size (2019-2030) & (USD Million)
Figure 4. World Robo-advisory Service Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Robo-advisory Service Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Robo-advisory Service Revenue (2019-2030) & (USD Million)
Figure 13. Robo-advisory Service Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 16. World Robo-advisory Service Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 18. China Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 23. India Robo-advisory Service Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Robo-advisory Service by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Robo-advisory Service Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Robo-advisory Service Markets in 2023
Figure 27. United States VS China: Robo-advisory Service Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Robo-advisory Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Robo-advisory Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Robo-advisory Service Market Size Market Share by Type in 2023
Figure 31. Investment Advisors
Figure 32. Wealth Management
Figure 33. Retirement Planning
Figure 34. Tax-loss Harvesting
Figure 35. World Robo-advisory Service Market Size Market Share by Type (2019-2030)
Figure 36. World Robo-advisory Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 37. World Robo-advisory Service Market Size Market Share by Application in 2023
Figure 38. Banking
Figure 39. Financial Services
Figure 40. Insurance
Figure 41. Robo-advisory Service Industrial Chain
Figure 42. Methodology
Figure 43. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Betterment LLC Wealthfront Corporation The Vanguard Group, Inc. Charles Schwab & Co., Inc. BlackRock, Inc. (FutureAdvisor) FMR LLC (Fidelity Go) Roboadviso M1 Holdings Inc.
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