$2.6 Trillion Worldwide Robo Advisory Industry to 2027 - Impact of COVID-19 on the Market

DUBLIN, Feb. 19, 2021 /PRNewswire/ -- The "Robo Advisory - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 9th edition of this report. The 106-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Robo Advisory Market to Reach US$6.2 Trillion by the Year 2027

Amid the COVID-19 crisis, the global market for Robo Advisory estimated at US$2.6 Trillion in the year 2020, is projected to reach a revised size of US$6.2 Trillion by 2027, growing at a CAGR of 13.5% over the period 2020-2027.

The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 13% CAGR for the Period of 2020-2027

The Robo Advisory market in the U.S. is estimated at US$757.5 Billion in the year 2020. The country currently accounts for a 29.54% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.1 Trillion in the year 2027 trailing a CAGR of 13% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 11.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR while Rest of European market (as defined in the study) will reach US$1.1 Trillion by the year 2027.

Competitors identified in this market include, among others:

• Betterment LLC
• FutureAdvisor
• SigFig Wealth Management LLC
• The Vanguard Group Inc.
• WiseBanyan Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 and a Looming Global Recession
• Global Competitor Market Shares
• Robo Advisory Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 43

For more information about this report visit https://www.researchandmarkets.com/r/c1i1oz

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SOURCE Research and Markets