Digital Investment - Belgium

Belgium

Highlights

Total transaction value in the Digital Investment market is projected to reach US$9.84bn in 2024.
Total transaction value is expected to show an annual growth rate (CAGR 2024-2029) of 3.20% resulting in a projected total amount of US$11.51bn by 2029.
Neobrokers dominates the market with a projected total transaction value of US$6.64bn 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

Belgium, a country known for its rich history and delicious chocolate, is also experiencing significant growth in the Digital Investment market. With the rise of technology and the increasing accessibility of online platforms, more and more Belgians are turning to digital investment as a way to grow their wealth.

Customer preferences: Belgian customers are increasingly drawn to digital investment platforms due to their convenience and ease of use. These platforms allow investors to manage their portfolios from the comfort of their own homes, eliminating the need for in-person meetings with financial advisors. Additionally, digital investment platforms often offer lower fees compared to traditional investment options, making them more appealing to cost-conscious customers.

Trends in the market: One major trend in the digital investment market in Belgium is the growing popularity of robo-advisors. These automated investment platforms use algorithms to create and manage investment portfolios based on an individual's risk tolerance and financial goals. Robo-advisors are particularly attractive to younger investors who are comfortable with technology and prefer a hands-off approach to investing. Another trend in the market is the increasing availability of socially responsible investment options. Belgians are becoming more conscious of the social and environmental impact of their investments and are seeking out opportunities to align their portfolios with their values. Digital investment platforms are responding to this demand by offering a range of socially responsible investment funds and portfolios.

Local special circumstances: Belgium has a highly educated population with a strong interest in financial literacy. This, combined with the country's stable economy and well-regulated financial sector, creates an environment that is conducive to digital investment. Belgians are generally open to exploring new investment opportunities and are willing to take calculated risks to grow their wealth.

Underlying macroeconomic factors: The growth of the digital investment market in Belgium is also influenced by macroeconomic factors. The low interest rate environment in the country has made traditional savings accounts less attractive, leading individuals to seek out alternative investment options. Additionally, the increasing digitization of the financial industry as a whole has made it easier for digital investment platforms to enter the market and gain traction. In conclusion, the Digital Investment market in Belgium is experiencing significant growth due to customer preferences for convenience and lower fees, as well as the availability of robo-advisors and socially responsible investment options. The country's educated population, stable economy, and low interest rate environment further contribute to the development of this market. As digital investment continues to gain popularity, it is expected that more Belgians will embrace this modern approach to growing their wealth.

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.