Market Insights Financial Wealth Management Digital Investment

Robo-Advisors - Qatar

Qatar

The Robo-Advisors market in Qatar is projected to witness substantial growth in the coming years.
According to industry forecasts, the assets under management in this market are expected to reach QAR US$416.70m by 2024.
This represents a significant increase in the amount of wealth being managed by Robo-Advisors market in the country.
Furthermore, the assets under management in the Robo-Advisors market are projected to continue growing at a steady pace.
With an annual growth rate (CAGR 2024-2027) of 8.65%, the total assets under management are estimated to reach QAR US$534.40m by 2027.
This indicates a positive trend in the market and highlights the increasing popularity of Robo-Advisors market as a wealth management solution in Qatar.
In addition to the growth in assets under management, the number of users in the Robo-Advisors market is also expected to rise significantly.
It is projected that by 2027, the number of users will reach 7.780k users.
This demonstrates the increasing adoption of Robo-Advisors market among investors in Qatar, as more individuals recognize the benefits of automated investment advice.
When examining the average assets under management per user in the Robo-Advisors market, it is estimated to amount to QAR US$59.99k in 2024.
This figure highlights the substantial amount of wealth being managed per user, indicating the attractiveness of Robo-Advisors market as a wealth management solution for high net worth individuals in Qatar.
It is worth noting that when compared globally, United States currently leads the way in terms of assets under management in the Robo-Advisors market.
In 2024, United States is expected to have a staggering QAR US$1,459,000.00m in assets under management.
This showcases the dominance of the United States in the global Robo-Advisors market and the significant gap between in Qatar and the leading market player.
However, the projected growth in assets under management in Qatar indicates a promising future for the country's Robo-Advisors market.
Qatar's robo-advisor market is experiencing rapid growth, driven by the country's high-income population and increasing demand for automated 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.