Robo Advisory Market Size

Robo Advisory Market size was over USD 6.69 billion in 2023 and is anticipated to cross USD 206.71 billion by 2036, witnessing more than 30.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of robo advisory is estimated at USD 8.31 billion.

The market is thriving on the back of growing financial industry and the continuous efforts of organizations to adopt new technologies to deliver financial services in cheaper and more efficient ways. Furthermore, growing need to manage assets of people for long term financial goals with minimal risk of loss are some of the factors anticipated to drive the growth of the market.