Within the research scope of this report, it shows that the global Wealthtech market had a market size of about 9715.83 Million USD in 2022, growing at a CAGR of 22.01% during 2023-2029 to 39106.41 Million USD in 2029.
MARKET COMPETITIVE LANDSCAPE:
Major players in this market include The Vanguard Group Inc., Charles Schwab Corporation, etoro, Betterment, acorns, and etc.
---The combined market share of the Top 3 players in the global Wealthtech market is about 17.01%.
REGION SHARE:
The report covers the market size information of major regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Wealthtech market in 2022, the North America and Europe has the largest market size and its market share is about 70.00%, followed by Europe and its market share is about 17.00%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Software, Service, etc. Application segment includes Robo-advisors, Retail Investment, etc.
--- Software contributes approximately 72.00% share to the market in 2022.
--- Robo-advisors contributes approximately 65.00% share to the market in 2022.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Wealthtech market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Wealthtech market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Wealthtech market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Wealthtech market.
Global Wealthtech Scope and Market Size
Wealthtech market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wealthtech market will be able to gain the upper hand as they use the report as a powerful resource.
The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Wealthtech industry is considered in the report, covering the dynamic analysis of the development of the Wealthtech industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
The market trend for Wealthtech, which refers to the use of technology to provide financial solutions and wealth management services, is as follows:
Digital Transformation of Wealth Management: The market trend for Wealthtech is driven by the ongoing digital transformation of the wealth management industry. Traditional wealth management services are being disrupted by innovative technology solutions that offer more efficient and convenient ways to manage and grow wealth. Wealthtech platforms leverage technologies such as artificial intelligence (AI), machine learning (ML), big data analytics, and automation to deliver personalized financial advice, portfolio management, and investment solutions.
Rise of Robo-Advisors: Robo-advisors are a prominent trend within the Wealthtech market. These digital platforms use algorithms and AI to provide automated investment advice and portfolio management services to individual investors. Robo-advisors offer lower fees compared to traditional human advisors and appeal to tech-savvy, cost-conscious investors who seek simplified and accessible wealth management solutions. The market trend involves the integration of robo-advisory services by established financial institutions as well as the emergence of standalone robo-advisory platforms.
Increased Focus on Personalization: Personalization is a significant market trend in Wealthtech. Investors are demanding tailored financial solutions that align with their specific goals, risk tolerance, and preferences. Wealthtech platforms leverage data analytics and AI to analyze individual investor profiles, assess risk profiles, and provide personalized investment recommendations. Personalization enhances the user experience, improves customer satisfaction, and supports better investment outcomes.
Integration of Financial Planning Tools: Wealthtech platforms are integrating comprehensive financial planning tools to offer a holistic view of an individual”s financial situation. These tools allow investors to track their financial goals, analyze cash flows, manage debt, and plan for retirement. By consolidating and visualizing financial data, investors can make more informed decisions and optimize their wealth management strategies. The market trend involves the integration of financial planning tools within robo-advisory platforms and the development of standalone financial planning applications.
Collaboration and Partnerships: Collaboration and partnerships between traditional financial institutions and Wealthtech companies are a significant trend in the market. Established banks, asset managers, and wealth management firms are partnering with or acquiring Wealthtech startups to leverage their innovative technology solutions and enhance their service offerings. This collaboration allows incumbents to adapt to changing customer expectations, improve operational efficiency, and expand their digital capabilities.
Regulatory Considerations: Regulatory considerations play a crucial role in shaping the Wealthtech market. As the industry evolves, regulators are developing frameworks to ensure investor protection, data privacy, and compliance with financial regulations. Market participants need to navigate regulatory requirements and develop robust security and privacy measures to gain trust and maintain compliance in the Wealthtech space.
Growing Demand for ESG Investing: Environmental, Social, and Governance (ESG) investing is gaining significant traction within the Wealthtech market. Investors are increasingly interested in aligning their investments with their values and considering ESG factors in their decision-making process. Wealthtech platforms are incorporating ESG analysis and offering ESG investment options to cater to this demand. This trend reflects the growing importance of sustainability and responsible investing in wealth management.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia
Player list
The Vanguard Group Inc.
Charles Schwab Corporation
etoro
Betterment
acorns
Personal Capital Corporation
Stash
Wealthfront Corporation
Blooom
AGDelta
Bambu
ArthaYantra
BetterTradeOff
AutoWealth
BetaSmartz
Others
Types list
Software
Service
Application list
Robo-advisors
Retail Investment
Digital Brokerage
Others
List of Tables and Figures
Figure Wealthtech Picture
Table Product Definition of Wealthtech
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Global Wealthtech Market Size by Type (2018 VS 2023 VS 2029)
Table Global Wealthtech Revenue and Market Size by Type (2018-2023)
Table Global Wealthtech Revenue and Market Share by Type (2018-2023)
Table Global Wealthtech Market Size by Application (2018 VS 2023 VS 2029)
Table Global Wealthtech Revenue Market Size by Application (2018-2023)
Table Global Wealthtech Revenue Market Share by Application (2018-2023)
Figure Global Wealthtech Revenue Market Size (2018-2023)
Table Wealthtech Market Size by Regions: 2018 VS 2023 VS 2029
Table Wealthtech Historic Revenue Market Size by Regions (2018-2023)
Table Wealthtech Historic Revenue Market Share by Regions (2018-2023)
Figure North America Wealthtech Market Size (2018-2023)
Figure Europe Wealthtech Market Size (2018-2023)
Figure Asia-Pacific Wealthtech Market Size (2018-2023)
Figure Latin America Wealthtech Market Size (2018-2023)
Figure Middle East & Africa Wealthtech Market Size (2018-2023)
Table North America Wealthtech Revenue by Countries (2018-2023)
Table North America Wealthtech Revenue Market Share by Countries (2018-2023)
Table North America Wealthtech Revenue by Types (2018-2023)
Table North America Wealthtech Revenue Market Share by Types (2018-2023)
Table North America Wealthtech Revenue by Applications (2018-2023)
Table North America Wealthtech Revenue Market Share by Applications (2018-2023)
Figure United States Wealthtech Revenue and Growth (2018-2023)
Figure Canada Wealthtech Revenue and Growth (2018-2023)
Table Asia-Pacific Wealthtech Revenue by Countries (2018-2023)
Table Asia-Pacific Wealthtech Revenue Market Share by Countries (2018-2023)
Table Asia Pacific Wealthtech Revenue by Types (2018-2023)
Table Asia Pacific Wealthtech Revenue Market Share by Types (2018-2023)
Table Asia Pacific Wealthtech Revenue by Applications (2018-2023)
Table Asia Pacific Wealthtech Revenue Market Share by Applications (2018-2023)
Figure China Wealthtech Revenue and Growth (2018-2023)
Figure Japan Wealthtech Revenue and Growth (2018-2023)
Figure Korea Wealthtech Revenue and Growth (2018-2023)
Figure Southeast Asia Wealthtech Revenue and Growth (2018-2023)
Figure India Wealthtech Revenue and Growth (2018-2023)
Figure Australia Wealthtech Revenue and Growth (2018-2023)
Table Europe Wealthtech Revenue by Countries (2018-2023)
Table Europe Wealthtech Revenue Market Share by Countries (2018-2023)
Table Europe Wealthtech Revenue by Types (2018-2023)
Table Europe Wealthtech Revenue Market Share by Types (2018-2023)
Table Europe Wealthtech Revenue by Applications (2018-2023)
Table Europe Wealthtech Revenue Market Share by Applications (2018-2023)
Figure Germany Wealthtech Revenue and Growth (2018-2023)
Figure France Wealthtech Revenue and Growth (2018-2023)
Figure UK Wealthtech Revenue and Growth (2018-2023)
Figure Italy Wealthtech Revenue and Growth (2018-2023)
Figure Russia Wealthtech Revenue and Growth (2018-2023)
Figure Spain Wealthtech Revenue and Growth (2018-2023)
Figure Nordic Wealthtech Revenue and Growth (2018-2023)
Table Latin America Wealthtech Revenue by Countries (2018-2023)
Table Latin America Wealthtech Revenue Market Share by Countries (2018-2023)
Table Latin America Wealthtech Revenue by Types (2018-2023)
Table Latin America Wealthtech Revenue Market Share by Types (2018-2023)
Table Latin America Wealthtech Revenue by Applications (2018-2023)
Table Latin America Wealthtech Revenue Market Share by Applications (2018-2023)
Figure Brazil Wealthtech Revenue and Growth (2018-2023)
Figure Argentina Wealthtech Revenue and Growth (2018-2023)
Figure Mexico Wealthtech Revenue and Growth (2018-2023)
Table Middle East & Africa Wealthtech Revenue by Countries (2018-2023)
Table Middle East & Africa Wealthtech Revenue Market Share by Countries (2018-2023)
Table Middle East & Africa Wealthtech Revenue by Types (2018-2023)
Table Middle East & Africa Wealthtech Revenue Market Share by Types (2018-2023)
Table Middle East & Africa Wealthtech Revenue by Applications (2018-2023)
Table Middle East & Africa Wealthtech Revenue Market Share by Applications (2018-2023)
Figure Egypt Wealthtech Revenue and Growth (2018-2023)
Figure South Africa Wealthtech Revenue and Growth (2018-2023)
Figure UAE Wealthtech Revenue and Growth (2018-2023)
Figure Turkey Wealthtech Revenue and Growth (2018-2023)
Figure Saudi Arabia Wealthtech Revenue and Growth (2018-2023)
Table Global Wealthtech Revenue by Players (2018-2023)
Table Global Wealthtech Revenue Market Share by Players (2018-2023)
Figure Global Top 3 Companies Revenue Share in 2022
Figure Global Top 6 Companies Revenue Share in 2022
Table Global Wealthtech Players Market Concentration Ratio (CR5) (2018-2023)
Table Wealthtech Players Head Office, Business Provided
Table Mergers & Acquisitions
Table New Entrants and Expansion Plans
Table The Vanguard Group Inc. Profile
Table Product Overview
Table The Vanguard Group Inc. Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure The Vanguard Group Inc. Revenue and Growth Rate
Figure The Vanguard Group Inc. Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Charles Schwab Corporation Profile
Table Product Overview
Table Charles Schwab Corporation Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Charles Schwab Corporation Revenue and Growth Rate
Figure Charles Schwab Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table etoro Profile
Table Product Overview
Table etoro Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure etoro Revenue and Growth Rate
Figure etoro Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Betterment Profile
Table Product Overview
Table Betterment Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Betterment Revenue and Growth Rate
Figure Betterment Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table acorns Profile
Table Product Overview
Table acorns Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure acorns Revenue and Growth Rate
Figure acorns Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Personal Capital Corporation Profile
Table Product Overview
Table Personal Capital Corporation Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Personal Capital Corporation Revenue and Growth Rate
Figure Personal Capital Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Stash Profile
Table Product Overview
Table Stash Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Stash Revenue and Growth Rate
Figure Stash Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Wealthfront Corporation Profile
Table Product Overview
Table Wealthfront Corporation Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Wealthfront Corporation Revenue and Growth Rate
Figure Wealthfront Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Blooom Profile
Table Product Overview
Table Blooom Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Blooom Revenue and Growth Rate
Figure Blooom Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table AGDelta Profile
Table Product Overview
Table AGDelta Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure AGDelta Revenue and Growth Rate
Figure AGDelta Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Bambu Profile
Table Product Overview
Table Bambu Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Bambu Revenue and Growth Rate
Figure Bambu Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table ArthaYantra Profile
Table Product Overview
Table ArthaYantra Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure ArthaYantra Revenue and Growth Rate
Figure ArthaYantra Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table BetterTradeOff Profile
Table Product Overview
Table BetterTradeOff Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure BetterTradeOff Revenue and Growth Rate
Figure BetterTradeOff Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table AutoWealth Profile
Table Product Overview
Table AutoWealth Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure AutoWealth Revenue and Growth Rate
Figure AutoWealth Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table BetaSmartz Profile
Table Product Overview
Table BetaSmartz Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure BetaSmartz Revenue and Growth Rate
Figure BetaSmartz Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Others Profile
Table Product Overview
Table Others Wealthtech Revenue, Gross and Gross Margin (2018-2023)
Figure Others Revenue and Growth Rate
Figure Others Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Global Wealthtech Revenue Market Size Forecast by Type (2023-2029)
Table Global Wealthtech Revenue Market Share Forecast by Type (2023-2029)
Table Global Wealthtech Revenue Market Size by Application (2023-2029)
Table Global Wealthtech Revenue Market Share by Application (2023-2029)
Figure Global Wealthtech Revenue Forecast Market Size (2023-2029)
Table Wealthtech Revenue Forecast Market Size by Regions (2023-2029)
Table Wealthtech Revenue Forecast Market Share by Regions (2023-2029)
Figure North America Wealthtech Revenue Forecast Market Size (2023-2029)
Figure Europe Wealthtech Revenue Forecast Market Size (2023-2029)
Figure Asia-Pacific Wealthtech Revenue Forecast Market Size (2023-2029)
Figure Latin America Wealthtech Revenue Forecast Market Size (2023-2029)
Figure Middle East & Africa Wealthtech Revenue Forecast Market Size (2023-2029)
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
