The latest research study “Wealth Management Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global wealth management platform market size reached a value of US$ 3.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.25 Billion by 2027 exhibiting a CAGR of 13.10% during 2022-2027.
What is a Wealth Management Platform?
Wealth management platforms are software used to plan, analyze, monitor, and manage specialized financial services. They include estate planning, portfolio management capabilities, investment management services, legal and tax advice, financial goal planning, and a complete wealth overview. They are widely used by enterprises to automate processes, provide consistent advice across various channels, and manage multiple complex investment programs from one solution. They help reduce the need for manual processes, errors, risk, financial stress, and complexity while improving investment decisions, innovation, production cycles, and cost-effectiveness. As a result, wealth management platforms are extensively used in trading and brokerage firms, investment management companies, and banks.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request a PDF Sample Copy for more detailed market insights: https://www.imarcgroup.com/wealth-management-platform-market/requestsample
Wealth Management Platform Market Trends and Drivers:
The global wealth management platform market is primarily driven by the increasing digitalization and the growing usage of wealth management platforms by businesses to gain insights and enhance decision-making for higher efficiency and profitability.
Additionally, the surging product adoption in trading and exchange firms to efficiently manage multiple clients, understand the financial portfolio process, and access trading accounts is another major growth-inducing factor. Moreover, technological advancements, such as the launch of digital wealth management systems that offer the latest integrated tools and data-driven analytics to financial firms, are positively influencing the market growth.
Besides this, the widespread integration of artificial intelligence (AI) to monitor expenditures effectively, identify investment preferences, and provide personalized and curated recommendations to clients has catalyzed market growth. Other factors, including stringent government policies, increasing adoption of automation, surging penetration of cloud-based solutions, and rising consumer disposable incomes, are also anticipated to drive the market further.
|
Wealth Management Platform Market Report Scope |
|
|
Report Coverage |
Details |
|
Market size value in 2021 |
US$ 3.8 Billion |
|
Market forecast in 2027 |
US$ 8.25 Billion |
|
Growth Rate |
CAGR of 13.10% from 2022 to 2027 |
|
Base year for estimation |
2021 |
|
Historical data |
2016-2021 |
|
Forecast period |
2022-2027 |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
|
Segments covered |
Test Type, Product, Application and End User |
|
Regional scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
|
Key companies profiled |
Avaloq (NEC Corporation), Backbase, Broadridge Financial Solutions Inc., Comarch SA, Crealogix AG, Fidelity National Information Services Inc., Fiserv Inc., Infosys Limited, Profile Systems and Software S.A., Prometeia S.p.A, SEI Investments Company, SS&C Technologies Inc., Tata Consultancy Services Limited and Temenos Headquarters SA. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Global Wealth Management Platform Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
How Many Wealth Management Companies Are There?
Avaloq (NEC Corporation)
Backbase
Broadridge Financial Solutions Inc. (NYSE: BR)
Comarch SA (WSE: CMR)
Crealogix AG (SWX: CLXN)
Fidelity National Information Services Inc. (NYSE: FIS)
Fiserv Inc.
Infosys Limited
Profile Systems and Software S.A.
Prometeia S.p.A
SEI Investments Company
SS&C Technologies Inc.
Tata Consultancy Services Limited
Temenos Headquarters SA
The report has segmented the market on the basis of region, advisory model, deployment mode, business function, enterprise size and end use industry.
Breakup by Advisory Model:
- Hybrid
- Robo Advisory
- Human Advisory
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Business Function:
- Reporting
- Performance Management
- Financial Advice Management
- Risk and Compliance Management
- Portfolio, Accounting and Trading Management
- Others
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End Use Industry:
- Banks
- Brokerage Firms
- Investment Management Firms
- Trading and Exchange Firms
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Explore Report Description with TOC & List of Figure: https://www.imarcgroup.com/wealth-management-platform-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse More Industry Research Reports:
Wi-Fi Market Report 2022-2027
Hadoop Big Data Analytics Market Report 2022-2027
Hybrid Memory Cube Market Report 2022-2027
Customer Experience Management Software Market Report 2022-2027
Data Catalog Market Report 2022-2027
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited. 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming, Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com