Market Insights Financial Wealth Management Digital Investment

Robo-Advisors - Egypt

Egypt

Egypt is projected to witness significant growth in the Robo-Advisors market.
By 2024, it is estimated that the assets under management in this market will reach US$7,344.00m.
This reflects the increasing popularity of Robo-Advisors market in the country and the growing interest of investors in automated investment platforms.
Moreover, the assets under management are expected to demonstrate a compound annual growth rate (CAGR) of 9.64% from 2024 to 2027.
This steady growth is projected to result in a total amount of US$9,678.00m by 2027.
This indicates that the Robo-Advisors market in Egypt is poised for continuous expansion and development in the coming years.
In terms of the number of users, it is anticipated that the Robo-Advisors market in Egypt will witness a significant increase.
By 2027, the number of users is expected to reach 308.600k users.
This signifies the growing adoption of Robo-Advisors market among Egyptian investors, who are recognizing the convenience and efficiency offered by these automated investment platforms.
The average assets under management per user in the Robo-Advisors market in Egypt is projected to amount to US$26.55k in 2024.
This metric highlights the value of assets managed by Robo-Advisors market for each individual user.
It indicates that, on average, each user in Egypt will have a substantial amount of assets under management through Robo-Advisors market.
From a global comparison perspective, it is worth noting that United States currently holds the highest assets under management in the Robo-Advisors market.
In 2024, United States is projected to have assets under management totaling US$1,459,000.00m.
This showcases the dominance of the United States in the global Robo-Advisors market and the significant scale of assets managed through these platforms in the country.
Egypt's nascent robo-advisor market is gaining traction among tech-savvy millennials seeking convenient and affordable investment solutions.

Key regions: Asia, Canada, Hong Kong, Singapore, Germany

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Methodology

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.