Learn about the global robo advisory market through The Business Research Company, which provides information on robo advisory market size, robo advisory market drivers and restraints, robo advisory market players, the COVID-19 impact on the robo advisory market, and more.

The global robo advisory market size is expected to grow from $18.71 billion in 2021 to $28.10 billion in 2022 at a compound annual growth rate (CAGR) of 50.20%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global robo advisory market size is expected to reach $135.11 billion in 2026 at a CAGR of 48.08%.

The growing digitalization in financial services is contributing to the growth of the robo advisory market.

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The robo advisory market consists of sales of robo advisory software and related services by entities (organizations, sole traders, and partnerships) that are engaged in providing financial advice in an online mode. Robo-advisors offer digital investment management services platforms with the help of automated, algorithm-driven financial planning services with very little to no human intervention. They use an online questionnaire to collect information from clients regarding their financial situation, degree of risk, and future goals, and then use the data to offer advice and automatically invest client assets.

Global Robo Advisory Market Segments Include:
By Service Type: Direct Plan-Based/Goal-Based, Comprehensive Wealth Advisory

By Provider: Fintech Robo Advisors, Banks, Traditional Wealth Managers, Others

By Business Model: Pure Robo Advisors, Hybrid Robo Advisors

By End-User: Healthcare, Education, Retail, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America will be the largest region in the robo advisory market.

Advancements in technology are significantly shaping the robo advisory market. With the advancement of technology in areas such as advanced analytics, artificial intelligence, and natural language processing, the effectiveness of robo-advisory is expected to increase. This will enable robo-advisors to strengthen the value proposition and have a higher impact across the value chain.

TBRC’s robo advisory market report covers:

Major Market Players: Betterment LLC, Charles Schwab & Co. Inc., Wealthfront Corporation, Personal Capital Corporation, Bambu, Blooom Inc., Ellevest, FutureAdvisor, Nutmeg Saving and Investment Limited, SigFig Wealth Management, The Vanguard Group Inc., SoFi Wealth, Hedgeable Inc., WiseBanyan Inc., AssetBuilder Inc., Ally Financial Inc., Wealthsimple, Axos Invest Inc., Scalable Capital, Moneyfarm, Acorns, United Income, T. Rowe Price, Rebellion Research, WealthNavi, TD Ameritrade, Schwab Intelligent Portfolios, Stash Invest, Fincite, Ginmon Vermogensverwaltung GmbH, and Social Finance Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Robo Advisory Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides robo advisory market overviews, analyzes and forecasts market size, share, robo advisory market players, robo advisory market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s robo advisory market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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