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DUBLIN--(BUSINESS WIRE)--Nov 23, 2022--
The "Wealth Management Platform: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Wealth Management Platform estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 12.1% over the analysis period 2020-2027.
Human Advisory, one of the segments analyzed in the report, is projected to record a 11.1% CAGR and reach US$3.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Robot Advisory segment is readjusted to a revised 15% CAGR for the next 7-year period.
The U.S. Market is Estimated at $581.2 Million, While China is Forecast to Grow at 16% CAGR
The Wealth Management Platform market in the U.S. is estimated at US$581.2 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 15.7% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 10.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$708.2 Million by the year 2027.
Hybrid Segment to Record 12.7% CAGR
In the global Hybrid segment, USA, Canada, Japan, China and Europe will drive the 12.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$145.8 Million in the year 2020 will reach a projected size of US$320 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 14.2% CAGR through the analysis period.
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What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/n1lq99
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KEYWORD:
INDUSTRY KEYWORD: BANKING PERSONAL FINANCE ASSET MANAGEMENT PROFESSIONAL SERVICES
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/23/2022 11:37 AM/DISC: 11/23/2022 11:37 AM
http://www.businesswire.com/news/home/20221123005380/en