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Robo-Advisors - Jordan

Jordan

The Robo-Advisors market in Jordan is expected to see significant growth in the coming years.
By 2024, assets under management in this market are projected to reach US$590.20m.
This is a substantial increase compared to the current levels.
Furthermore, it is anticipated that the assets under management will continue to grow at an annual rate of 8.92% from 2024 to 2027.
This positive trend is expected to result in a total amount of US$762.70m by 2027.
In terms of the number of users, it is projected that the Robo-Advisors market in Jordan will attract 19.660k users users by 2027.
This indicates a growing interest and adoption of this investment platform among individuals in the country.
When considering the average assets under management per user, it is estimated to be US$32.04k in 2024.
This metric provides insights into the level of investment each user has within the Robo-Advisors market.
It is worth noting that when comparing the assets under management across different countries, United States currently leads the market with an impressive total of US$1,459,000.00m in 2024.
This showcases the dominance of the United States in this industry on a global scale.
Overall, the Robo-Advisors market in Jordan is expected to experience significant growth in terms of assets under management, number of users, and average assets under management per user.
This presents both opportunities and challenges for investors and financial institutions operating in this market segment.
Jordan's growing tech-savvy population is driving the adoption of robo-advisors as a convenient and cost-effective way to manage investments.

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.