Definition:
The Digital Investment segment contains automated investment services (Robo-Advisors) and online trading services (Neobrokers).Structure:
Digital Investment comprises of Robo-Advisors and Neobrokers.Additional Information:
The market comprises revenues, Assets Under Management (AUM), users, average revenue per user, average AUM per user, and user penetration rates.Most recent update: Oct 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Oct 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
The Digital Investment market in Belarus is experiencing significant growth and development due to various factors. Customer preferences are shifting towards digital investments as they offer convenience, accessibility, and the potential for higher returns. In addition, the market is being driven by trends such as the rise of online investment platforms and the increasing adoption of digital payment methods.
Customer preferences: Belarusian investors are increasingly turning to digital investment platforms as they offer a convenient and user-friendly way to invest. These platforms provide a wide range of investment options, including stocks, bonds, and cryptocurrencies, allowing investors to diversify their portfolios. In addition, digital investments can be accessed anytime and anywhere through mobile applications, making it easier for investors to stay updated on their investments and make informed decisions.
Trends in the market: One of the key trends in the Belarusian Digital Investment market is the rise of online investment platforms. These platforms provide a seamless and efficient way for investors to manage their portfolios, with features such as real-time market data, customizable investment strategies, and automated investment tools. This trend is driven by the increasing demand for digital investment solutions and the growing number of tech-savvy investors in Belarus. Another trend in the market is the increasing adoption of digital payment methods. Investors are now able to fund their investment accounts and withdraw their earnings using digital payment methods such as e-wallets, online banking, and cryptocurrencies. This not only provides convenience but also enhances the security and transparency of transactions.
Local special circumstances: Belarus has a growing tech industry and a favorable business environment for startups and innovative companies. This has led to the emergence of local digital investment platforms that cater specifically to the Belarusian market. These platforms offer localized investment options and services, tailored to the needs and preferences of Belarusian investors. Furthermore, the government has implemented supportive policies and regulations to encourage the growth of the digital investment sector, providing a conducive environment for both local and international players.
Underlying macroeconomic factors: The development of the Digital Investment market in Belarus is also influenced by underlying macroeconomic factors. The country has a stable economy with a growing middle class and increasing disposable income. This provides a favorable environment for investment and encourages individuals to explore different investment opportunities. Additionally, the low interest rates in the country have made traditional investment options less attractive, leading investors to seek alternative avenues such as digital investments. In conclusion, the Digital Investment market in Belarus is experiencing significant growth and development due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The shift towards digital investments is driven by convenience, accessibility, and the potential for higher returns. The rise of online investment platforms and the increasing adoption of digital payment methods are key trends in the market. Belarus' favorable business environment and supportive government policies further contribute to the growth of the digital investment sector.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights