According to a new report, published by KBV research, The Global Online Investment Platform Market size is expected to reach $4.4 billion by 2028, rising at a market growth of 14.4% CAGR during the forecast period.
The Service market has shown the growth rate of 16.8% during (2022 - 2028). This is because of the need for platform integration with existing systems and ongoing technical support for the platforms. Platform providers use AI (artificial intelligence) and ML (machine learning) technologies to provide financial advisory services for investment management with no human interaction.
The Banks market acquired the highest share in the Global Online Investment Platform Market by End-Use in 2021, thereby, achieving a market value of $1.3 billion by 2028. It is fueled by banking institutions' increasing adoption of cloud-based investing solutions. Banks can benefit from cloud-based investing in a number of ways, including with less expensive infrastructure, more adaptability, and less upkeep.
The Web-based market is showcasing a CAGR of 12.8% during (2022 - 2028). The need for web-based investing platforms is estimated to rise due to their advantages, like third-party API integration for real-time portfolio performance & support. To give investors a competitive edge, a number of investment firms are integrating web-based technologies into their internal models, such as Robo-advisors. All this is contributing to the market expansion in this segment.
North America dominated the Global Online Investment Platform Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.5 billion by 2028. The Europe market is registering a CAGR of 13.7% during (2022 - 2028). Additionally, The Asia Pacific market would grow at a CAGR of 15.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/online-investment-platform-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Temenos AG, Fiserv, Inc., SS&C Technologies Holdings, Inc., E*Trade Financial Holdings, LLC, Fidelity Information Services (FIS), Inc., Profile Software S.A., eToro Group Ltd, Fidelity Investments Inc., InvestEdge, Inc., and Adenza Group, Inc.
By Component
By End User
By Deployment
By Geography
Companies Profiled