Key regions: United Arab Emirates, Switzerland, Singapore, United Kingdom, Europe
The Digital Investment market in BRICS is experiencing significant growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Digital Investment market in BRICS are shifting towards online platforms and digital solutions.
Customers are increasingly seeking convenience and accessibility, and digital investment platforms offer these benefits. With the rise of smartphones and internet penetration, customers are more inclined to use mobile apps and online platforms for their investment needs. This shift in customer preferences is driving the growth of the Digital Investment market in BRICS.
Trends in the market are also contributing to the development of the Digital Investment market in BRICS. One major trend is the increasing popularity of robo-advisors. These automated investment platforms use algorithms to provide personalized investment advice and manage portfolios.
Robo-advisors are gaining traction among tech-savvy customers who prefer a low-cost and hassle-free investment experience. Another trend is the emergence of crowdfunding platforms, which allow individuals to invest in startups and innovative projects. Crowdfunding provides opportunities for investors to diversify their portfolios and support promising ventures.
Local special circumstances play a role in shaping the Digital Investment market in BRICS. In Brazil, for example, the government has implemented policies to promote financial inclusion and digital banking. This has led to the growth of digital investment platforms that cater to a wider range of customers.
In Russia, there is a growing interest in cryptocurrency investments, leading to the development of digital investment platforms that specialize in cryptocurrencies. These local circumstances create unique opportunities and challenges for the Digital Investment market in BRICS. Underlying macroeconomic factors also contribute to the development of the Digital Investment market in BRICS.
Economic growth and rising disposable incomes in BRICS countries have increased the demand for investment opportunities. As individuals and businesses seek to grow their wealth, they are turning to digital investment platforms to access a wide range of investment options. Additionally, favorable government policies and regulatory frameworks are creating a conducive environment for the growth of the Digital Investment market in BRICS.
In conclusion, the Digital Investment market in BRICS is experiencing growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As customers increasingly embrace digital solutions and seek convenience in their investment journey, the market is evolving to cater to their needs. The emergence of robo-advisors and crowdfunding platforms, along with favorable government policies and economic growth, are driving the growth of the Digital Investment market in BRICS.
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.
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