Robo Advisory Market Share

North America industry is estimated to hold largest revenue share by 2036, led by increased awareness amongst consumers for robo advisory solutions and services as well as the need amongst the consumers to manage their financial activities. Moreover, presence of numerous affluences in the regions is also anticipated to contribute significantly towards the growth of the market over the coming years.

Additionally, Asia Pacific is anticipated to gain significant market share on the back of rising household wealth amongst the population in the region and growing awareness for robo advisory services amongst the consumers. According to Global Wealth Databook 2019 of the Credit Suisse Research Institute, Asia Pacific constituted the largest share of total household wealth of around 39.16% amongst all other regions in the year 2019. North America had the second largest share followed by Europe with 31.78% and 25.17% respectively.