Setting

Global Wealth Management Platform Market 2021-2031 by Deployment Type (On-premises, Cloud-based), Advisory Model (Human, Robo, Hybrid), Application, End User, and Region: Trend Forecast and Growth Opportunity

Published: 31 Oct 2022 | Report Code: 10248889 | Pages: 156

Global Wealth Management Platform Market will reach $11,154.7 million by 2031, growing by 13.0% annually over 2021-2031, driven by the increasing digitalization of investment and banking firms, the rising disposable income of individuals especially High Net Worth Individuals (HNWIs), the rising awareness for long-term financial planning opportunities and benefits, and technological advancements in automation and artificial intelligence (AI). Highlighted with 79 tables and 77 figures, this 156-page report “Global Wealth Management Platform Market 2021-2031 by Deployment Type (On-premises, Cloud-based), Advisory Model (Human, Robo, Hybrid), Application, End User, and Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Global Wealth Management Platform Market and all its sub-segments through extensively detailed classifications.

 

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include the identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Five Forces

 

The trend and outlook of the global market is forecast in an optimistic, balanced, and conservative view by taking into account of COVID-19 and the Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify the Global Wealth Management Platform Market in every aspect of the classification from perspectives of Deployment Type, Advisory Model, Application, End User, and Region.

 

Based on Deployment Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• On-premises Platform

• Cloud-based Platform

 

Based on Advisory Model, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Human Advisory

• Robo Advisory

• Hybrid Advisory

 

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Financial Advice Management

• Portfolio Accounting and Trading Management

• Performance Management

• Risk and Compliance Management

• Reporting

• Other Applications

 

By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Banks

• Investment Management Firms

• Trading & Exchange Firms

• Brokerage Firms

• Other End Users

 

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)

 

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Deployment Type, Advisory Model and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

 

Selected Key Players:

Avaloq Group AG

Backbase Inc.

Broadridge Financial Solutions Inc.

Crealogix AG

EdgeVerve Systems Limited

Fidelity National Information Services, Inc. (FIS)

Finantix S.p.A.

Fiserv Inc.

InvestCloud Inc.

Objectway S.p.A.

Profile Software S.A.

Prometeia SpA

SEI Investments Developments, Inc.

SS&C Technologies Inc.

Tata Consultancy Services Limited

Temenos Headquarters SA

 

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents:
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Global Market by Deployment Type 41
3.1 Market Overview by Deployment Type 41
3.2 On-premises Platform 43
3.3 Cloud-based Platform 44
4 Segmentation of Global Market by Advisory Model 45
4.1 Market Overview by Advisory Model 45
4.2 Human Advisory 47
4.3 Robo Advisory 48
4.4 Hybrid Advisory 49
5 Segmentation of Global Market by Application 50
5.1 Market Overview by Application 50
5.2 Financial Advice Management 52
5.3 Portfolio Accounting and Trading Management 53
5.4 Performance Management 54
5.5 Risk and Compliance Management 55
5.6 Reporting 56
5.7 Other Applications 57
6 Segmentation of Global Market by End User 58
6.1 Market Overview by End User 58
6.2 Banks 60
6.3 Investment Management Firms 61
6.4 Trading & Exchange Firms 62
6.5 Brokerage Firms 63
6.6 Other End Users 64
7 Segmentation of Global Market by Region 65
7.1 Geographic Market Overview 2021-2031 65
7.2 North America Market 2021-2031 by Country 69
7.2.1 Overview of North America Market 69
7.2.2 U.S. 73
7.2.3 Canada 76
7.2.4 Mexico 78
7.3 European Market 2021-2031 by Country 80
7.3.1 Overview of European Market 80
7.3.2 Germany 84
7.3.3 U.K. 86
7.3.4 France 88
7.3.5 Spain 90
7.3.6 Italy 92
7.3.7 Netherlands 94
7.3.8 Rest of European Market 96
7.4 Asia-Pacific Market 2021-2031 by Country 98
7.4.1 Overview of Asia-Pacific Market 98
7.4.2 Japan 102
7.4.3 China 105
7.4.4 Australia 107
7.4.5 India 109
7.4.6 South Korea 111
7.4.7 Rest of APAC Region 113
7.5 South America Market 2021-2031 by Country 115
7.5.1 Argentina 118
7.5.2 Brazil 120
7.5.3 Chile 122
7.5.4 Rest of South America Market 124
7.6 MEA Market 2021-2031 by Country 125
7.6.1 UAE 128
7.6.2 Saudi Arabia 130
7.6.3 South Africa 132
7.6.4 Other National Markets 134
8 Competitive Landscape 135
8.1 Overview of Key Vendors 135
8.2 New Product Launch, Partnership, Investment, and M&A 138
8.3 Company Profiles 139
Avaloq Group AG 139
Backbase Inc. 141
Broadridge Financial Solutions Inc. 142
Crealogix AG 143
EdgeVerve Systems Limited 144
Fidelity National Information Services, Inc. (FIS) 145
Finantix S.p.A. 146
Fiserv Inc. 147
InvestCloud Inc. 148
Objectway S.p.A. 149
Profile Software S.A. 150
Prometeia SpA 151
SEI Investments Developments, Inc. 152
SS&C Technologies Inc. 153
Tata Consultancy Services Limited 154
Temenos Headquarters SA 155
RELATED REPORTS 156

 

List Of Tables:
Table 1. Snapshot of Global Wealth Management Platform Market in Balanced Perspective, 2021-2031 19
Table 2. World Economic Outlook, 2021-2031 23
Table 3. Main Product Trends and Market Opportunities in Global Wealth Management Platform Market 33
Table 4. Global Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 41
Table 5. Global Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 45
Table 6. Global Wealth Management Platform Market by Application, 2021-2031, $ mn 50
Table 7. Global Wealth Management Platform Market by End User, 2021-2031, $ mn 58
Table 8. Global Wealth Management Platform Market by Region, 2021-2031, $ mn 66
Table 9. Leading National Wealth Management Platform Market, 2021 and 2031, $ mn 68
Table 10. North America Wealth Management Platform Market by Country, 2021-2031, $ mn 71
Table 11. U.S. Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 75
Table 12. U.S. Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 75
Table 13. U.S. Wealth Management Platform Market by End User, 2021-2031, $ mn 75
Table 14. Canada Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 77
Table 15. Canada Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 77
Table 16. Canada Wealth Management Platform Market by End User, 2021-2031, $ mn 77
Table 17. Mexico Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 79
Table 18. Mexico Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 79
Table 19. Mexico Wealth Management Platform Market by End User, 2021-2031, $ mn 79
Table 20. Europe Wealth Management Platform Market by Country, 2021-2031, $ mn 83
Table 21. Germany Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 85
Table 22. Germany Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 85
Table 23. Germany Wealth Management Platform Market by End User, 2021-2031, $ mn 85
Table 24. U.K. Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 87
Table 25. U.K. Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 87
Table 26. U.K. Wealth Management Platform Market by End User, 2021-2031, $ mn 87
Table 27. France Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 89
Table 28. France Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 89
Table 29. France Wealth Management Platform Market by End User, 2021-2031, $ mn 89
Table 30. Spain Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 91
Table 31. Spain Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 91
Table 32. Spain Wealth Management Platform Market by End User, 2021-2031, $ mn 91
Table 33. Italy Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 93
Table 34. Italy Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 93
Table 35. Italy Wealth Management Platform Market by End User, 2021-2031, $ mn 93
Table 36. Netherlands Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 95
Table 37. Netherlands Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 95
Table 38. Netherlands Wealth Management Platform Market by End User, 2021-2031, $ mn 95
Table 39. Wealth Management Platform Market in Rest of Europe by Country, 2021-2031, $ mn 97
Table 40. APAC Wealth Management Platform Market by Country, 2021-2031, $ mn 100
Table 41. Japan Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 104
Table 42. Japan Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 104
Table 43. Japan Wealth Management Platform Market by End User, 2021-2031, $ mn 104
Table 44. China Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 106
Table 45. China Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 106
Table 46. China Wealth Management Platform Market by End User, 2021-2031, $ mn 106
Table 47. Australia Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 108
Table 48. Australia Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 108
Table 49. Australia Wealth Management Platform Market by End User, 2021-2031, $ mn 108
Table 50. India Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 110
Table 51. India Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 110
Table 52. India Wealth Management Platform Market by End User, 2021-2031, $ mn 110
Table 53. South Korea Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 112
Table 54. South Korea Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 112
Table 55. South Korea Wealth Management Platform Market by End User, 2021-2031, $ mn 112
Table 56. Wealth Management Platform Market in Rest of APAC by Country/Region, 2021-2031, $ mn 114
Table 57. South America Wealth Management Platform Market by Country, 2021-2031, $ mn 117
Table 58. Argentina Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 119
Table 59. Argentina Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 119
Table 60. Argentina Wealth Management Platform Market by End User, 2021-2031, $ mn 119
Table 61. Brazil Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 121
Table 62. Brazil Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 121
Table 63. Brazil Wealth Management Platform Market by End User, 2021-2031, $ mn 121
Table 64. Chile Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 123
Table 65. Chile Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 123
Table 66. Chile Wealth Management Platform Market by End User, 2021-2031, $ mn 123
Table 67. MEA Wealth Management Platform Market by Country, 2021-2031, $ mn 127
Table 68. UAE Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 129
Table 69. UAE Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 129
Table 70. UAE Wealth Management Platform Market by End User, 2021-2031, $ mn 129
Table 71. Saudi Arabia Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 131
Table 72. Saudi Arabia Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 131
Table 73. Saudi Arabia Wealth Management Platform Market by End User, 2021-2031, $ mn 131
Table 74. South Africa Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 133
Table 75. South Africa Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 133
Table 76. South Africa Wealth Management Platform Market by End User, 2021-2031, $ mn 133
Table 77. Avaloq Group AG: Company Snapshot 139
Table 78. Avaloq Group AG: Business Segmentation 140
Table 79. Avaloq Group AG: Product Portfolio 140

 

List Of Figures:
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 18
Figure 4. Global Wealth Management Platform Market, 2021-2031, $ mn 21
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of Global Wealth Management Platform Market 26
Figure 7. GDP per capita in the World, 1960-2018, $ thousand 29
Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million 29
Figure 9. Primary Restraints and Impact Factors of Global Wealth Management Platform Market 30
Figure 10. Investment Opportunity Analysis 34
Figure 11. Porter’s Fiver Forces Analysis of Global Wealth Management Platform Market 37
Figure 12. Breakdown of Global Wealth Management Platform Market by Deployment Type, 2021-2031, % of Revenue 42
Figure 13. Global Addressable Market Cap in 2022-2031 by Deployment Type, Value ($ mn) and Share (%) 42
Figure 14. Global Wealth Management Platform Market by Deployment Type: On-premises Platform, 2021-2031, $ mn 43
Figure 15. Global Wealth Management Platform Market by Deployment Type: Cloud-based Platform, 2021-2031, $ mn 44
Figure 16. Breakdown of Global Wealth Management Platform Market by Advisory Model, 2021-2031, % of Sales Revenue 46
Figure 17. Global Addressable Market Cap in 2022-2031 by Advisory Model, Value ($ mn) and Share (%) 46
Figure 18. Global Wealth Management Platform Market by Advisory Model: Human Advisory, 2021-2031, $ mn 47
Figure 19. Global Wealth Management Platform Market by Advisory Model: Robo Advisory, 2021-2031, $ mn 48
Figure 20. Global Wealth Management Platform Market by Advisory Model: Hybrid Advisory, 2021-2031, $ mn 49
Figure 21. Breakdown of Global Wealth Management Platform Market by Application, 2021-2031, % of Sales Revenue 51
Figure 22. Global Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 51
Figure 23. Global Wealth Management Platform Market by Application: Financial Advice Management, 2021-2031, $ mn 52
Figure 24. Global Wealth Management Platform Market by Application: Portfolio Accounting and Trading Management, 2021-2031, $ mn 53
Figure 25. Global Wealth Management Platform Market by Application: Performance Management, 2021-2031, $ mn 54
Figure 26. Global Wealth Management Platform Market by Application: Risk and Compliance Management, 2021-2031, $ mn 55
Figure 27. Global Wealth Management Platform Market by Application: Reporting, 2021-2031, $ mn 56
Figure 28. Global Wealth Management Platform Market by Application: Other Applications, 2021-2031, $ mn 57
Figure 29. Breakdown of Global Wealth Management Platform Market by End User, 2021-2031, % of Revenue 59
Figure 30. Global Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 59
Figure 31. Global Wealth Management Platform Market by End User: Banks, 2021-2031, $ mn 60
Figure 32. Global Wealth Management Platform Market by End User: Investment Management Firms, 2021-2031, $ mn 61
Figure 33. Global Wealth Management Platform Market by End User: Trading & Exchange Firms, 2021-2031, $ mn 62
Figure 34. Global Wealth Management Platform Market by End User: Brokerage Firms, 2021-2031, $ mn 63
Figure 35. Global Wealth Management Platform Market by End User: Other End Users, 2021-2031, $ mn 64
Figure 36. Global Market Snapshot by Region 65
Figure 37. Geographic Spread of Worldwide Wealth Management Platform Market, 2021-2031, % of Sales Revenue 66
Figure 38. Global Addressable Market Cap in 2022-2031 by Region, Value ($ mn) and Share (%) 67
Figure 39. North American Wealth Management Platform Market, 2021-2031, $ mn 70
Figure 40. Breakdown of North America Wealth Management Platform Market by Country, 2021 and 2031, % of Revenue 71
Figure 41. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 72
Figure 42. U.S. Wealth Management Platform Market, 2021-2031, $ mn 74
Figure 43. Canada Wealth Management Platform Market, 2021-2031, $ mn 76
Figure 44. Wealth Management Platform Market in Mexico, 2021-2031, $ mn 78
Figure 45. European Wealth Management Platform Market, 2021-2031, $ mn 81
Figure 46. Breakdown of European Wealth Management Platform Market by Country, 2021 and 2031, % of Revenue 82
Figure 47. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 83
Figure 48. Wealth Management Platform Market in Germany, 2021-2031, $ mn 84
Figure 49. Wealth Management Platform Market in U.K., 2021-2031, $ mn 86
Figure 50. Wealth Management Platform Market in France, 2021-2031, $ mn 88
Figure 51. Wealth Management Platform Market in Spain, 2021-2031, $ mn 90
Figure 52. Wealth Management Platform Market in Italy, 2021-2031, $ mn 92
Figure 53. Wealth Management Platform Market in Netherlands, 2021-2031, $ mn 94
Figure 54. Wealth Management Platform Market in Rest of Europe, 2021-2031, $ mn 96
Figure 55. Asia-Pacific Wealth Management Platform Market, 2021-2031, $ mn 99
Figure 56. Breakdown of APAC Wealth Management Platform Market by Country, 2021 and 2031, % of Revenue 99
Figure 57. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 101
Figure 58. Wealth Management Platform Market in Japan, 2021-2031, $ mn 103
Figure 59. Wealth Management Platform Market in China, 2021-2031, $ mn 105
Figure 60. Wealth Management Platform Market in Australia, 2021-2031, $ mn 107
Figure 61. Wealth Management Platform Market in India, 2021-2031, $ mn 109
Figure 62. Wealth Management Platform Market in South Korea, 2021-2031, $ mn 111
Figure 63. Wealth Management Platform Market in Rest of APAC, 2021-2031, $ mn 113
Figure 64. South America Wealth Management Platform Market, 2021-2031, $ mn 116
Figure 65. Breakdown of South America Wealth Management Platform Market by Country, 2021 and 2031, % of Revenue 116
Figure 66. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 117
Figure 67. Wealth Management Platform Market in Argentina, 2021-2031, $ mn 118
Figure 68. Wealth Management Platform Market in Brazil, 2021-2031, $ mn 120
Figure 69. Wealth Management Platform Market in Chile, 2021-2031, $ mn 122
Figure 70. Wealth Management Platform Market in Rest of South America, 2021-2031, $ mn 124
Figure 71. Wealth Management Platform Market in Middle East and Africa (MEA), 2021-2031, $ mn 126
Figure 72. Breakdown of MEA Wealth Management Platform Market by Country, 2021 and 2031, % of Revenue 126
Figure 73. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 127
Figure 74. Wealth Management Platform Market in UAE, 2021-2031, $ mn 128
Figure 75. Wealth Management Platform Market in Saudi Arabia, 2021-2031, $ mn 130
Figure 76. Wealth Management Platform Market in South Africa, 2021-2031, $ mn 132
Figure 77. Growth Stage of Global Wealth Management Platform Industry over the Forecast Period 135
Selected Key Players:

Avaloq Group AG
Backbase Inc.
Broadridge Financial Solutions Inc.
Crealogix AG
EdgeVerve Systems Limited
Fidelity National Information Services, Inc. (FIS)
Finantix S.p.A.
Fiserv Inc.
InvestCloud Inc.
Objectway S.p.A.
Profile Software S.A.
Prometeia SpA
SEI Investments Developments, Inc.
SS&C Technologies Inc.
Tata Consultancy Services Limited
Temenos Headquarters SA

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)