2018 Study on the Indian Robo-advisory Market: Analysis & Forecast Through 2015-2023 - ResearchAndMarkets.com

November 19, 2018

DUBLIN--(BUSINESS WIRE)--Nov 19, 2018--The “India Robo-advisory Market (2015-2023)” report has been added to ResearchAndMarkets.com’s offering.

The robo-advisory market in India is expected to cater to the demand and provide quality robo-advisory services needed by and beyond 2020. The Indian robo-advisory market is anticipated to show a double-digit growth rate during the forecasted period. Various wealth management firms and banks in India are planning to unveil robo-advisory services across the country by the end of 2020.

Revenue growth in India for the robo-advisory market is growing at a considerable rate. This trend has been driven primarily by the rapid rate at which technology is being adopted and also the increasing incidence of internet penetration.

By type, the market is segmented into hybrid and pure robo-advisors. Relatively lesser penetration of financial products in India compared to developed markets is anticipated to enhance the usage of robo-advisors based on algorithms. India is also expected to emerge as a promising market for robo-advisory services by the end of 2020.

By the types of client assets, the market is classified into the mass affluent, high-net-worth individuals, pension funds, insurance companies, and sovereign wealth funds. The mass affluent segment is crossing the market share of the high-net-worth individuals during the forecast period owing to its high growth rate.

Key Growth Factors

Customized advice with advanced machine learning and artificial intelligence (AI) coupled with lower cost of computing and storage in India is also creating huge avenues for the various robo-advisors. Increasing competition with new entrants and diversified services also drive the market for robo-advisors in this region.

Threats and Key Players

A major challenge for Indian robo-advisory market is high acquisition cost, low revenue yield, and conflicts of interests for the clients. The key players in this market are Goalwise and FundExpert.

Key Topics Covered

Chapter 1 Executive summary

1.1. Market scope and segmentation

1.2. Key questions answered in this study

1.3. Executive summary

Chapter 2 India robo-advisory market overview

2.1. Market overview - market trends, historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), geography wise market revenue (USD Bn)

2.2. Market drivers and its impact

2.3. Market trends and its impact

Chapter 3 India robo-advisory market analysis - by type

3.1. Segment-wise market revenue (USD Bn) of 2017 & 2023

3.2. Market drivers and challenges

3.3. Market trends

Chapter 4 India robo-advisory analysis - by types of client assets

4.1. Segment-wise market revenue (USD Bn) of 2017 & 2023

4.2. Market drivers and challenges

4.3. Market trends

Chapter 5 Company profiles

5.1. Goalwise

Company snapshot Product/services Other major initiatives/highlights Growth strategy

5.2. FundExpert

Company snapshot Product/services Other major initiatives/highlights Growth strategy

Chapter 6 Conclusion

For more information about this report visit https://www.researchandmarkets.com/research/zxtd35/2018_study_on_the?w=4

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SOURCE: Research and Markets

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PUB: 11/19/2018 06:13 PM/DISC: 11/19/2018 06:13 PM


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