Market Overview:
The global WealthTech Solutions market is expected to grow from USD 9.8 billion in 2018 to USD 23.5 billion by 2030, at a CAGR of 12.9% during the forecast period. The growth of the WealthTech Solutions market can be attributed to the increasing demand for automated wealth management solutions and rising need for fraud prevention and risk management solutions among banks, investment firms, and wealth management firms. However, lack of awareness about WealthTech Solutions among end users is a major restraining factor for the growth of this market. Based on type, the WealthTech Solutions market is segmented into software and services. The software segment is expected to account for a larger share than the services segment in 2018 owing to its growing demand across various industries such as banking, investment firms, wealth management firms, and others). Based on application, the WealthTech Solutions market is segmented into banks,, investment firms,,wealth management firms,,and others).
Product Definition:
WealthTech Solutions is a term used to describe the intersection of technology and wealth management. It describes the use of technology to help manage and grow wealth. WealthTech Solutions can include things like online tools for budgeting and investing, or apps that help you track your net worth.
Software:
Software is the invisible hand that helps in managing all the processes of wealth management. It controls, monitors and analyzes data for financial institutions and other investors to make informed decisions. The software solutions help in reducing operational costs, enhancing productivity & efficiency along with providing better customer experience.
The global wealthtech solutions market size was valued at USD 2,37 billion in 2016.
Services:
The global services and it's usage in wealthtech solutions market size was valued at USD 6,081.7 million in 2017. It is expected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing adoption of financial technology (fintech) for managing financial services such as banking, investments, insurance among others by both large and small enterprises across the globe.
Application Insights:
The banks segment dominated the global wealthtech solutions market in 2017 and is expected to maintain its dominance over the forecast period. The increasing number of high net worth individuals (HNWI¢â‚¬â„¢s) across the globe has created a significant demand for efficient, effective and innovative banking services. The banks are thus increasingly adopting digital technologies such as big data analytics, cloud computing, social networks and e-banking to offer enhanced customer experience while enhancing their presence in the online world.
The investment firms segment is expected to register a notable CAGR of XX% from 2018 to 2030 owing to an increase in demand for asset management services among ultra-high net worth individuals (UHNWI). These professionals have significantly higher investable assets than HNWI¢â‚¬â„¢s which amounts to USD 30 million or more.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing adoption of advanced technologies in countries, such as China and India.
The Middle East & Africa region accounted for approximately 10% of global revenue share in 2016 owing to high concentration of private banks operating across UAE and Saudi Arabia.
Growth Factors:
- Increasing demand for automated wealth management services from the affluent and high-net-worth individuals (HNWIs).
- Rising popularity of robo-advisors and other digital wealth management platforms among investors.
- Proliferation of mobile devices and apps that offer WealthTech solutions to investors on the go.
- Growing interest in big data and analytics among WealthTech providers to help them develop better investment strategies for their clients.
- Emergence of new technologies such as blockchain that are expected to revolutionize the WealthTech market in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
WealthTech Solutions Market Research Report
By Type
Software, Services
By Application
Banks, Investment Firms, Wealth Management Firms, Others
By Companies
FinMason, Aixigo AG, InvestCloud, Wealthfront Inc, Addepar, Valuefy, Moka Financial Technologies, Responsive.AI, FA Solutions, BlackRock, Inc, Synechron, InvestSuite, BME Inntech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global WealthTech Solutions Market Report Segments:
The global WealthTech Solutions market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banks, Investment Firms, Wealth Management Firms, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FinMason
- Aixigo AG
- InvestCloud
- Wealthfront Inc
- Addepar
- Valuefy
- Moka Financial Technologies
- Responsive.AI
- FA Solutions
- BlackRock, Inc
- Synechron
- InvestSuite
- BME Inntech
Highlights of The WealthTech Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Banks
- Investment Firms
- Wealth Management Firms
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the WealthTech Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
WealthTech Solutions is a technology company that provides software and services to help people manage their wealth. WealthTech Solutions' products include a wealth management platform, investment advisory services, and retirement planning tools.
Some of the key players operating in the wealthtech solutions market are FinMason, Aixigo AG, InvestCloud, Wealthfront Inc, Addepar, Valuefy, Moka Financial Technologies, Responsive.AI, FA Solutions, BlackRock, Inc, Synechron, InvestSuite, BME Inntech.
The wealthtech solutions market is expected to register a CAGR of 12.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 WealthTech Solutions Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 WealthTech Solutions Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 WealthTech Solutions Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the WealthTech Solutions Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global WealthTech Solutions Market Size & Forecast, 2018-2028 4.5.1 WealthTech Solutions Market Size and Y-o-Y Growth 4.5.2 WealthTech Solutions Market Absolute $ Opportunity
Chapter 5 Global WealthTech Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 WealthTech Solutions Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global WealthTech Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 WealthTech Solutions Market Size Forecast by Applications
6.2.1 Banks
6.2.2 Investment Firms
6.2.3 Wealth Management Firms
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global WealthTech Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 WealthTech Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America WealthTech Solutions Analysis and Forecast
9.1 Introduction
9.2 North America WealthTech Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America WealthTech Solutions Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America WealthTech Solutions Market Size Forecast by Applications
9.10.1 Banks
9.10.2 Investment Firms
9.10.3 Wealth Management Firms
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe WealthTech Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe WealthTech Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe WealthTech Solutions Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe WealthTech Solutions Market Size Forecast by Applications
10.10.1 Banks
10.10.2 Investment Firms
10.10.3 Wealth Management Firms
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific WealthTech Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific WealthTech Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific WealthTech Solutions Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific WealthTech Solutions Market Size Forecast by Applications
11.10.1 Banks
11.10.2 Investment Firms
11.10.3 Wealth Management Firms
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America WealthTech Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America WealthTech Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America WealthTech Solutions Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America WealthTech Solutions Market Size Forecast by Applications
12.10.1 Banks
12.10.2 Investment Firms
12.10.3 Wealth Management Firms
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) WealthTech Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) WealthTech Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) WealthTech Solutions Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) WealthTech Solutions Market Size Forecast by Applications
13.10.1 Banks
13.10.2 Investment Firms
13.10.3 Wealth Management Firms
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 WealthTech Solutions Market: Competitive Dashboard
14.2 Global WealthTech Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FinMason
14.3.2 Aixigo AG
14.3.3 InvestCloud
14.3.4 Wealthfront Inc
14.3.5 Addepar
14.3.6 Valuefy
14.3.7 Moka Financial Technologies
14.3.8 Responsive.AI
14.3.9 FA Solutions
14.3.10 BlackRock, Inc
14.3.11 Synechron
14.3.12 InvestSuite
14.3.13 BME Inntech