Stock Trading And Investing Applications Market Size, Share & Trends Analysis Report By Financial Instruments, By Platform (Mobile, Web-based), By Operating System, By End-user, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global stock trading and investing applications market size was estimated at USD 37.27 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 18.3% from 2023 to 2030. The drivers of the market include advancements in technology, increased accessibility to financial markets, changing investor behaviors, regulatory changes, expanding investor education, the rise of digital platforms, and the growth of alternative investment options. Technological advancements have played a significant role in driving the growth of stock trading and investing apps. Mobile applications, high-speed internet connectivity, and powerful computing capabilities have made it easier for individuals to access financial markets and execute trades with just a few taps on their smartphones.

Technological advancements have democratized investing and attracted a new generation of investors who prefer the convenience and accessibility provided by these applications.

The increased accessibility to financial markets has been a key driver of the stock trading and investing apps market. Previously, trading and investing in stocks were predominantly limited to institutional investors or high-net-worth individuals. However, with the advent of online brokerage platforms and the availability of low-cost trading options, retail investors can now participate in the financial markets with smaller capital requirements. This has opened opportunities for a larger pool of investors to engage in stock trading and investing, driving the demand for stock trading and investing applications.

Changing investor behaviors have also contributed to the growth of stock trading and investing applications. Investors today seek more control and autonomy over their investment decisions. They prefer to have real-time access to market data, news, and research tools that can help them make informed investment choices. Stock trading and investing apps cater to these changing preferences by providing comprehensive market information, analytics, and educational resources that empower investors to manage their portfolios and make well-informed investment decisions.

Regulatory changes have also played a role in driving the growth of the market. In recent years, regulatory reforms have focused on promoting transparency, competition, and investor protection in financial markets. These reforms have led to the development of new business models and increased competition among financial service providers. Stock trading and investing applications have emerged. As a result, offering innovative solutions that comply with regulatory requirements while providing user-friendly interfaces and enhanced functionality.

One of the major restraints in the stock trading and investing applications market is the potential for cybersecurity threats and data breaches. As digital platforms and mobile applications become increasingly prevalent for trading and investing activities, the risk of unauthorized access, hacking, and theft of sensitive information rises. To overcome this challenge, market participants and technology providers must prioritize robust cybersecurity measures. This includes implementing strong encryption protocols, multi-factor authentication, regular security audits, and continuous monitoring of systems.

COVID-19 Impact Analysis

The COVID-19 pandemic positively impacted the stock trading and investing applications market. With lockdowns and social distancing measures in place, traditional methods of investing and trading faced limitations, leading to a surge in the adoption of digital platforms and mobile applications. Investors sought opportunities to manage their portfolios remotely and take advantage of market volatility caused by the pandemic. Stock trading and investing apps provided a convenient and accessible avenue for individuals to participate in the financial markets, even from the comfort of their homes.

Financial Instruments Insights

The derivatives segment dominated the market in 2022 and accounted for a revenue share of more than 31.0%. This is attributable to the inherent flexibility and versatility of derivatives as financial instruments. Derivatives offer investors the opportunity to speculate on price movements and hedge against market risks, providing a level of diversification and risk management that is highly valued in the investment community. In addition, derivatives enable investors to leverage their positions, amplifying potential gains and allowing for more efficient capital allocation. This appeal of higher returns and improved capital efficiency has attracted a significant portion of market participants to the derivatives segment.

The cryptocurrencies segment is anticipated to register a significant CAGR over the forecast period. Cryptocurrencies offer a decentralized and digital form of currency, providing investors with an alternative asset class outside the traditional financial system. This decentralized nature appeals to individuals seeking greater financial sovereignty and independence from centralized institutions. Moreover, cryptocurrencies have gained significant attention and popularity, attracting both institutional and retail investors. The potential for high returns has fueled investor interest, with some cryptocurrencies experiencing substantial price appreciation over a short period.

Platform Insights

The mobile segment dominated the market in 2022 and accounted for a revenue share of more than 60.0%. The widespread adoption of smartphones and mobile devices has revolutionized the way people access information and conduct transactions. Mobile platforms provide investors with the convenience of trading on the go, allowing them to monitor their portfolios, execute trades, and access real-time market data anytime and anywhere. The ease of use, mobility, and instant connectivity offered by mobile platforms have made them a preferred choice for investors.

The web-based segment is anticipated to register a significant CAGR over the forecast period. Web-based platforms offer convenience and accessibility to a wide range of investors. Users can access their investment accounts and execute trades through a web browser on their desktop or laptop computers, eliminating the need for specialized software or dedicated trading platforms. This ease of access allows investors to stay connected to the market and make informed decisions from any location with an internet connection.

Operating System Insights

The Android segment dominated the market in 2022 and accounted for a revenue share of over 43.0%. Android enjoys a wide user base, as it is the most widely used mobile operating system globally. This large user base translates to a significant market share in the stock trading and investing industry, attracting developers and companies to create applications specifically tailored for the Android platform. Moreover, Android offers a highly customizable and flexible operating system, allowing developers to create feature-rich and user-friendly applications for stock trading and investing.

The iOS segment is anticipated to register a significant CAGR over the forecast period. iOS has a strong reputation for its security and privacy features, making it an attractive choice for investors concerned about the safety of their financial transactions and sensitive data. The robust security measures implemented by Apple, along with stringent App Store guidelines, provide users with a sense of trust and confidence when using stock trading and investing applications on iOS devices. Moreover, iOS devices, including iPhones and iPads, are known for their high-quality hardware and seamless user experience. The intuitive and user-friendly interface, coupled with the smooth performance of iOS devices, creates an optimal trading environment for investors.

End-user Insights

The retail segment dominated the market in 2022 and accounted for a global revenue share of over 71.0%. The accessibility and democratization of stock trading and investing have greatly expanded with the advent of online platforms and mobile applications. Retail investors, including individual traders and small investors, now have easier access to markets and can participate in stock trading and investing activities from the comfort of their homes or on the go. This convenience and accessibility have fueled the growth of the retail segment. Moreover, the retail segment is driven by the increasing interest and engagement of individual investors in the stock market.

The institutional segment is anticipated to register a significant CAGR over the forecast period. Institutional investors, such as hedge funds, pension funds, and asset management firms, have substantial financial resources and professional expertise, allowing them to participate in large-scale trading and investing activities. Their involvement in the market significantly impacts liquidity, market depth, and overall trading volumes. Moreover, institutional investors are attracted to the potential for diversification and risk management offered by the stock market. They seek opportunities to allocate their funds across a wide range of asset classes and investment strategies, including equities, bonds, derivatives, and alternative investments.

Regional Insights

North America dominated the stock trading and investing applications industry in 2022 and accounted for a revenue share of more than 34.0%. North America is home to some of the world's biggest stock exchanges, including the NASDAQ and New York Stock Exchange, which attract a significant amount of trading volume and provide a platform for companies to list and raise capital. The presence of these well-established exchanges with a long history of credibility and transparency has contributed to the region's dominance. Moreover, the North American region benefits from a strong financial infrastructure and advanced technological capabilities. The region is known for its robust banking and financial services sector, which provides access to a wide range of financial instruments and investment products.

The Asia Pacific region is anticipated to emerge as the fastest-growing market from 2023 to 2030. The region is home to some of the world's fastest-developing economies, such as China and India, which have witnessed significant increases in wealth and disposable income. As a result, more individuals and institutions in these countries are seeking investment opportunities in the stock market to grow their wealth and capitalize on the region's economic growth. Moreover, the Asia Pacific region has a large and growing population, providing a substantial customer base for financial services and investment products. This population growth, coupled with rising financial literacy and a growing middle class, has led to increased participation in the stock market.

Key Companies & Market Share Insights

In the competitive landscape of the stock trading and investing applications market, prominent companies are actively pursuing strategic initiatives to maintain their edge and deliver innovative solutions to their customers. These initiatives include strategic partnerships, mergers and acquisitions, and the continuous launch of new products and features. Companies in the market recognize the importance of collaboration and often engage in partnerships with technology providers, financial institutions, and other industry players. These partnerships allow them to leverage complementary strengths, access new markets, and enhance their product offerings.

In May 2023, Tradeweb Markets, a global provider of online trading solutions, revealed its plans to acquire Yieldbroker, a renowned trading platform specializing in Australian and New Zealand government bonds and interest rate derivatives. The acquisition, valued at USD 81.6 million in an all-cash transaction, marks a significant step for Tradeweb in expanding its product offerings and strengthening its presence in the Australian and New Zealand markets. The deal has already been finalized, with both companies signing a definitive agreement to move forward with the acquisition. Some prominent players in the global stock trading and investing applications market include:

• Bank of America Corporation (Merrill Edge)

• Morgan Stanley (E*TRADE)

• FMR LLC

• Charles Schwab & Co., Inc.

• Robinhood

• Interactive Brokers LLC

• eToro

• Plus500

• Zerodha

• Angel One Limited

Stock Trading And Investing Applications Market Report Scope

Global Stock Trading And Investing Applications Market Report Segmentation

The report forecasts revenue growth and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global stock trading and investing applications market report based on financial instruments, platform, operating system, end-user, and region:

• Financial Instruments Outlook (Revenue, USD Billion, 2017 - 2030)

  • Stocks

  • Cryptocurrencies

  • ETFs/Mutual Funds

  • Derivatives

  • Others

• Platform Outlook (Revenue, USD Billion, 2017 - 2030)

  • Mobile

  • Web-based

• Operating System Outlook (Revenue, USD Billion, 2017 - 2030)

  • iOS

  • Android

  • Others

• End-user Outlook (Revenue, USD Billion, 2017 - 2030)

  • Retail

  • Institutional

• Regional Outlook (Revenue, USD Billion, 2017 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • Kingdom of Saudi Arabia (KSA)

    • UAE

    • South Africa