Global Robo Advisory Market Size & Outlook, 2024-2030
Global robo advisory market, 2018-2030 (US$M)
Related Markets
Global robo advisory market highlights
- The global robo advisory market generated a revenue of USD 6,608.2 million in 2023 and is expected to reach USD 41,833.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 30.5% by 2030.
- In terms of segment, hybrid robo advisors accounted for a revenue of USD 5,385.2 million in 2023.
- Pure Robo advisors is the most lucrative robo advisory type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,608.2 million |
| Market revenue in 2030 | USD 41,833.6 million |
| Growth rate | 30.5% (CAGR from 2024 to 2030) |
| Largest segment | Hybrid robo advisors |
| Fastest growing segment | Pure Robo advisors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pure Robo advisors, Hybrid Robo advisors |
Other key industry trends
- In terms of revenue, the North America accounted for 28.9% of the global robo advisory market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 2,153.1 million by 2030.
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Robo Advisory Market Scope
Robo Advisory Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SigFig | View profile | 101-250 | San Francisco, California, United States, North America | http://www.sigfig.com |
| Wealthify | View profile | 101-250 | Penarth, Vale of Glamorgan, The, United Kingdom, Europe | https://www.wealthify.com |
| Ginmon | View profile | 11-50 | Frankfurt, Hessen, Germany, Europe | http://www.ginmon.de |
| Ellevest | View profile | 101-250 | New York, New York, United States, North America | https://www.ellevest.com |
| The Vanguard Group | View profile | 10001+ | Malvern, Pennsylvania, United States, North America | http://www.vanguard.com |
| Wealthfront | View profile | 251-500 | Palo Alto, California, United States, North America | https://www.wealthfront.com |
| Fincite GmbH | View profile | 51-100 | Frankfurt, Hessen, Germany, Europe | http://www.fincite.de |
| Betterment | View profile | 101-250 | New York, New York, United States, North America | http://www.betterment.com |
| SoFi Technologies Inc Ordinary Shares | View profile | 4400 | 234 1st Street, San Francisco, CA, United States, 94105 | https://www.sofi.com |
| Charles Schwab Corp | View profile | 33000 | 3000 Schwab Way, Westlake, TX, United States, 76262 | https://www.aboutschwab.com |
Global robo advisory market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to robo advisory market will help companies and investors design strategic landscapes.
Hybrid robo advisors was the largest segment with a revenue share of 81.49% in 2023. Horizon Databook has segmented the Global robo advisory market based on pure robo advisors, hybrid robo advisors covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Robo Advisory Robo Advisory Type Outlook (Revenue, USD Million, 2018-2030)
- Pure Robo advisors
- Hybrid Robo advisors
- Global Robo Advisory Provider Outlook (Revenue, USD Million, 2018-2030)
- Fintech Robo advisors
- Banks
- Traditional wealth managers
- Others
- Global Robo Advisory Service Type Outlook (Revenue, USD Million, 2018-2030)
- Direct Plan-Based/ Goal- Based
- Comprehensive Wealth advisory
- Global Robo Advisory End User Outlook (Revenue, USD Million, 2018-2030)
- Retail Investor
- High net worth Individuals
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Target buyers of Global robo advisory market databook
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Our clientele includes a mix of robo advisory market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global robo advisory market , including forecasts for subscribers. This global databook contains high-level insights into Global robo advisory market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global robo advisory market size, by regions, 2018-2030 (US$M)
Top 10 countries: Robo advisory market size, 2023 (US$M)
Global robo advisory market share, by robo advisory type, 2023 & 2030 (%, US$M)
Robo advisory market: Opportunity assessment by country
Global robo advisory market, by region, 2023 (US$M)
Related statistics
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