Bottom Article Ad

Thursday, May 19, 2022

Global Wealth Management Platform Market To Be Driven By The Rapid Digitisation In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Wealth Management Platform Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global wealth management platform market, assessing the market based on its segments like deployment types, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents:

The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2021): USD 4,778.7 Million
  • Forecast CAGR (2022-2027): 9%
  • Forecast Market Size (2027): USD 10,268.9 Million

The market for wealth management platform is being propelled by the rapid digitisation of the banking sector. The growing adoption of new technologies is also augmenting the market for wealth management platform. With the increasing focus of various governments to bolster economic growth, the market for wealth management platform is growing robustly. The increasing penetration of fintech and the growing high-net-worth individuals (HNWIs) are further invigorating the market for wealth management platform. Moreover, the rising adoption of digital platforms is leading to a surge in the demand for robo-advisers. Various small and medium-sized businesses are also increasingly adopting wealth management platforms to streamline their businesses, which is expected to propel the growth of the market in the forecast period.

Industry Definition and Major Segments

A wealth management platform is an advisor platform that provides information regarding wealth overview, portfolio management, and financial planning. It enables consumers to track their investments safely and enhances investment willingness and strong engagement. Moreover, wealth management platforms allow effective management of multiple complex investment programs while streamlining operations.

Read Full Report with Table of Contents:

The market, based on deployment type, is divided into:

  • On-Premises
  • Cloud

By end use, the market is categorised into:

  • Banks
  • Trading Firms
  • Brokerage Firms
  • Investment Management Firms
  • Others

The regional markets of wealth management platform are:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The market growth can be attributed to the growing adoption of digital investment management solutions by high-net-worth individuals (HNWI). The increasing use of wealth management platforms to enhance transparency and control is bolstering the market growth. As wealth management platforms improve trading decisions and portfolio management, they are increasingly used to boost the profitability of organisations. Moreover, technological advancements in blockchain and artificial intelligence (AI) are surging the automation of wealth management platforms. As such technologies enhance consumer experiences while bolstering cost-effectiveness, the market for wealth management platforms is expected to witness a healthy growth in the forecast period.

Key Market Players

The major players in the market are Avaloq Group AG, Temenos AG, Fidelity National Information Services, Inc., Prometeia S.p.A, and Backbase B.V, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Media Contact

Company Name: EMR Inc.
Contact Person:- Eliana Grace, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

Also, Check Procurement Intelligence which provides you Infallible research solutions.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


Post a Comment