Digital Investment - Algeria

Algeria

Highlights

Total transaction value in the Digital Investment market is projected to reach US$1.06bn in 2024.
Total transaction value is expected to show an annual growth rate (CAGR 2024-2028) of 15.97% resulting in a projected total amount of US$1.92bn by 2028.
0.0 dominates the market with a projected total transaction value of 0.0 in 2024.
The highest cumulated transaction value is reached United States (US$1.78tn in 2024).

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Digital Investment market in Algeria is experiencing significant growth and development. Customer preferences are shifting towards digital investment platforms, and there are several trends driving this market expansion. Additionally, local special circumstances and underlying macroeconomic factors are contributing to the overall growth of the Digital Investment market in Algeria.

Customer preferences: Customers in Algeria are increasingly turning to digital investment platforms for their investment needs. This shift is driven by several factors, including convenience, accessibility, and the desire for greater control over their investments. Digital investment platforms offer users the ability to manage their investments online, anytime and anywhere, without the need for traditional intermediaries. This appeals to customers who value convenience and prefer to have direct control over their investment decisions.

Trends in the market: One key trend in the Digital Investment market in Algeria is the rise of robo-advisors. These digital platforms use algorithms to provide automated investment advice and portfolio management services. Robo-advisors are gaining popularity among customers who are looking for low-cost investment solutions and personalized investment strategies. These platforms offer a user-friendly interface and provide customers with access to a wide range of investment options. Another trend in the market is the increasing adoption of mobile investment apps. With the widespread availability of smartphones and internet connectivity, customers in Algeria are embracing mobile apps for their investment needs. Mobile investment apps offer a seamless and convenient way for customers to monitor their investments, execute trades, and access real-time market information. This trend is particularly appealing to younger investors who are tech-savvy and prefer to manage their finances on the go.

Local special circumstances: Algeria has a young and digitally-savvy population, which is a significant factor driving the growth of the Digital Investment market. The country has a high smartphone penetration rate, and internet usage is rapidly increasing. This favorable demographic profile, combined with the growing adoption of technology, creates a conducive environment for the development of digital investment platforms. Additionally, the Algerian government has been actively promoting financial inclusion and digitalization of the economy. This includes initiatives to improve access to financial services and encourage the use of digital payment methods. These efforts are further driving the adoption of digital investment platforms, as customers seek to take advantage of the benefits offered by these platforms.

Underlying macroeconomic factors: The Digital Investment market in Algeria is also influenced by underlying macroeconomic factors. The country has a relatively stable economy with a growing middle class. As disposable incomes increase, more individuals are looking for investment opportunities to grow their wealth. Digital investment platforms provide an attractive option for these individuals, offering a wide range of investment products and services to suit their needs. Furthermore, the low interest rate environment in Algeria has made traditional savings accounts less attractive for investors. As a result, customers are exploring alternative investment options, such as stocks, bonds, and mutual funds, which can be easily accessed through digital investment platforms. In conclusion, the Digital Investment market in Algeria is experiencing significant growth and development. Customer preferences for convenience and control, along with the rise of robo-advisors and mobile investment apps, are driving this market expansion. Local special circumstances, such as a young and digitally-savvy population, and government initiatives to promote financial inclusion, are further fueling the growth. Underlying macroeconomic factors, including a stable economy and low interest rates, are also contributing to the increasing popularity of digital investment platforms in Algeria.

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.