Digital Investment - Myanmar

Myanmar

Highlights

Total transaction value in the Digital Investment market is projected to reach US$358.60m in 2024.
Total transaction value is expected to show an annual growth rate (CAGR 2024-2029) of 4.99% resulting in a projected total amount of US$457.50m by 2029.
Robo-Advisors dominates the market with a projected total transaction value of US$358.60m 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 Myanmar is experiencing significant growth and development, driven by changing customer preferences, emerging trends, and local special circumstances. Customer preferences in Myanmar are shifting towards digital investment platforms due to their convenience, accessibility, and transparency.

Investors are increasingly looking for user-friendly platforms that provide real-time market information, easy account management, and a wide range of investment options. This shift in preferences is fueled by the growing tech-savvy population, especially among the younger generation, who are more inclined to adopt digital solutions for their investment needs. Trends in the market indicate a strong growth trajectory for digital investment in Myanmar.

The country has witnessed a rapid increase in internet penetration and smartphone usage, creating a favorable environment for digital investment platforms to thrive. Additionally, the government's push for financial inclusion and digitalization of the economy has further accelerated the adoption of digital investment services. As a result, we are seeing a rise in the number of digital investment platforms entering the market, offering innovative solutions to cater to the evolving needs of investors.

Local special circumstances in Myanmar also contribute to the development of the digital investment market. The country has a relatively underdeveloped traditional banking sector, with limited access to formal financial services for a significant portion of the population. This has created a gap in the market, which digital investment platforms are filling by providing accessible and inclusive investment opportunities.

Furthermore, the lack of a well-established stock market in Myanmar has led investors to seek alternative investment options, such as digital assets and peer-to-peer lending platforms. Underlying macroeconomic factors also play a role in the growth of the digital investment market in Myanmar. The country's economic growth and rising middle-class population have increased disposable incomes, leading to a greater demand for investment opportunities.

Moreover, the ongoing political and economic reforms in Myanmar have attracted foreign investors, who are increasingly looking for digital investment options to diversify their portfolios and tap into the country's potential. In conclusion, the Digital Investment market in Myanmar is experiencing rapid growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As more investors in Myanmar embrace digital solutions for their investment needs, we can expect the market to continue expanding and evolving 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.