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Wealth Management Platform Market Size
- Report ID: GMI3995
- Published Date: Mar 2023
- Report Format: PDF
Wealth Management Platform Market Size
Wealth Management Platform Market size exceeded USD 3 billion in 2022 and is anticipated to witness 10% CAGR from 2023 to 2032. The market growth can be attributed to the increasing preference for digital investment management by High-Net-Worth Individuals (HNWIs) around the globe. Wealth management platforms offer HNWIs more control & greater transparency over their wealth and help them to plan their wealth goals with the aid of various analytics tools.
Increasing cyber-attacks and data breaches in financial institutions and growing concerns about data security and bank safety over the past few years are major factors restraining the market demand. Such incidents have created a need for wealth management companies to maintain a high level of confidentiality of customer financial data and account information.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Wealth Management Platform Market Size in 2022: | USD 3 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 10% |
| 2032 Value Projection: | USD 10 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 270 |
| Tables, Charts & Figures: | 310 |
| Segments covered: | Advisory Mode, Deployment Model, Application, End-use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Wealth Management Platform Market Scope
