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 Eastern Asia is experiencing significant growth and development. Customer preferences in the region are shifting towards digital investment platforms due to their convenience and accessibility.
With the advancement of technology, investors are now able to access investment opportunities at their fingertips, anytime and anywhere. This has led to an increase in the adoption of digital investment platforms among both retail and institutional investors. Trends in the market show that the demand for robo-advisory services is on the rise.
Robo-advisors provide automated investment advice and portfolio management services, making it easier for investors to make informed investment decisions. This trend is particularly prominent among younger investors who are more tech-savvy and prefer a more hands-off approach to investing. Another trend in the market is the rise of social trading platforms.
These platforms allow investors to connect with each other, share trading ideas, and even copy the trades of successful investors. This trend is driven by the desire for investors to learn from others and benefit from their expertise, while also fostering a sense of community within the investment space. Local special circumstances in Eastern Asia also contribute to the development of the Digital Investment market.
The region has a large and growing middle class population with a strong savings culture. This provides a fertile ground for the growth of digital investment platforms as more individuals seek to grow their wealth through investment opportunities. Underlying macroeconomic factors further support the growth of the Digital Investment market in Eastern Asia.
The region has experienced rapid economic growth, with countries like China and South Korea emerging as major economic powerhouses. This has led to an increase in disposable income and a growing interest in investment opportunities. Furthermore, the low interest rate environment in the region has made traditional savings accounts less attractive.
Investors are now seeking alternative investment options that offer higher returns, and digital investment platforms provide a viable solution. In conclusion, the Digital Investment market in Eastern Asia is experiencing significant growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The convenience and accessibility of digital investment platforms, coupled with the region's strong savings culture and rapid economic growth, are driving the adoption of digital investment services.
As technology continues to advance and investor demand grows, the Digital Investment market in Eastern Asia is expected to further expand in the coming years.
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