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Asia-Pacific Robo-advisory Market (2015-2023): A Substantial Growth of 61.21% CAGR is Projected - ResearchAndMarkets.com

December 14, 2018
The “Asia-Pacific Robo-advisory Market (2015-2023)” report has been added to ResearchAndMarkets.com’s offering.The Asia-Pacific robo-advisory market is anticipated to grow at an overall compound annual growth rate (CAGR) of 61.21% and will be worth of USD 16.67 billion by 2023.Robo-advisory market of Asia-Pacific is expected to show a promising growth among other regions and make a continuous effort to innovate cost-effective automated financial advisory services.The robo-advisory market in the Asia-Pacific is anticipated to be majorly driven by China, India, and Japan throughout the forecast period. This is because of the large consumer base along with increasing disposable income.Rising consciousness among the consumers to take up automated financial advice for saving and investing is the most crucial factor predicted to drive the demand for robo-advisory services in the coming years.

By type, the hybrid robo-advisors have generated the highest revenue among the different types of robo-advisors in 2017 and are expected to maintain its trend throughout the forecast period coupled with being the fastest growing segment also in the coming years.

By types of client assets, the Asia-Pacific robo-advisory services are used for the mass affluent, high-net-worth individuals, pension funds, insurance companies, and sovereign wealth funds. The mass affluent is the fastest growing in this segment.

Key Growth Factors

The rising incidence of internet penetration along with fast adoption of technology is a driving factor for the growth of the robo-advisory market.The Asian market witnesses great traction regarding robo-advisors owing to young investors. This will help this region to gain ground in the institutional space and be a disruptive force in the asset management industry.

Threats

Increased regulations and liabilities to preserve the integrity of the financial market is one of the most important factors expected to limit the demand for different robo-advisory services in the coming years.Companies ProfiledThe Vanguard GroupCharles Schwab CorporationLantouzi.comWealth NaviFundExpert

Topics Covered

Chapter 1 Executive summary

Chapter 2 Asia Pacific robo-advisory market overview

Chapter 3 Asia Pacific robo-advisory market analysis

Chapter 4 China robo-advisory market analysis

Chapter 5 India robo-advisory market analysis

Chapter 6 Japan robo-advisory market analysis

Chapter 7 South Korea robo-advisory market analysis

Chapter 8 Rest of APAC robo-advisory market analysis

Chapter 9 Company profiles

Chapter 10 Conclusion

For more information about this report visit https://www.researchandmarkets.com/research/m58l3t/asiapacific?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181214005127/en/

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Related Topics:Wealth Management

KEYWORD: ASIA PACIFIC

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/14/2018 05:13 AM/DISC: 12/14/2018 05:12 AM

http://www.businesswire.com/news/home/20181214005127/en

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