North America Wealth Management Platform Market 2023-2031 by Deployment Type (On-premises, Cloud-based), Advisory Model (Human, Robo, Hybrid), Application, End User, and Country: Trend Forecast and Growth Opportunity
- Report ID: 57533
- Date: May, 2023
- Pages: 93
- Category: BFSI
North America Wealth Management Platform Market 2021-2031 by Deployment Type (On-premises, Cloud-based), Advisory Model (Human, Robo, Hybrid), Application, End User, and Country: Trend Forecast and Growth Opportunity
http://www.gracemarketdata.com/index.php/our-products/industry-research/11027A-detail
North America wealth management platform market is projected to grow by 13.2% annually in the forecast period and reach $4,081.5 million by 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 20 tables and 41 figures, this 93-page report “North America Wealth Management Platform Market 2021-2031 by Deployment Type (On-premises, Cloud-based), Advisory Model (Human, Robo, Hybrid), Application, End User, and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire North America 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 2023 till 2031 with 2022 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 identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America wealth management platform market in every aspect of the classification from perspectives of Deployment Type, Advisory Model, Application, End User, and Country.
Based on Deployment Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• On-premises Platform
• Cloud-based Platform
Based on Advisory Model, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Human Advisory
• Robo Advisory
• Hybrid Advisory
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Banks
• Investment Management Firms
• Trading & Exchange Firms
• Brokerage Firms
• Other End Users
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2031. The breakdown of national markets 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.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of North America Market by Deployment Type 38
3.1 Market Overview by Deployment Type 38
3.2 On-premises Platform 40
3.3 Cloud-based Platform 41
4 Segmentation of North America Market by Advisory Model 42
4.1 Market Overview by Advisory Model 42
4.2 Human Advisory 44
4.3 Robo Advisory 45
4.4 Hybrid Advisory 46
5 Segmentation of North America Market by Application 47
5.1 Market Overview by Application 47
5.2 Financial Advice Management 49
5.3 Portfolio Accounting and Trading Management 50
5.4 Performance Management 51
5.5 Risk and Compliance Management 52
5.6 Reporting 53
5.7 Other Applications 54
6 Segmentation of North America Market by End User 55
6.1 Market Overview by End User 55
6.2 Banks 57
6.3 Investment Management Firms 58
6.4 Trading & Exchange Firms 59
6.5 Brokerage Firms 60
6.6 Other End Users 61
7 North America Market 2021-2031 by Country 62
7.1 Overview of North America Market 62
7.2 U.S. 65
7.3 Canada 68
7.4 Mexico 70
8 Competitive Landscape 72
8.1 Overview of Key Vendors 72
8.2 New Product Launch, Partnership, Investment, and M&A 75
8.3 Company Profiles 76
Avaloq Group AG 76
Backbase Inc. 78
Broadridge Financial Solutions Inc. 79
Crealogix AG 80
EdgeVerve Systems Limited 81
Fidelity National Information Services, Inc. (FIS) 82
Finantix S.p.A. 83
Fiserv Inc. 84
InvestCloud Inc. 85
Objectway S.p.A. 86
Profile Software S.A. 87
Prometeia SpA 88
SEI Investments Developments, Inc. 89
SS&C Technologies Inc. 90
Tata Consultancy Services Limited 91
Temenos Headquarters SA 92
RELATED REPORTS 93
List of Tables
List of Tables:
Table 1. Snapshot of North America Wealth Management Platform Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 20
Table 3. Main Product Trends and Market Opportunities in North America Wealth Management Platform Market 30
Table 4. North America Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 38
Table 5. North America Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 42
Table 6. North America Wealth Management Platform Market by Application, 2021-2031, $ mn 47
Table 7. North America Wealth Management Platform Market by End User, 2021-2031, $ mn 55
Table 8. North America Wealth Management Platform Market by Country, 2021-2031, $ mn 63
Table 9. U.S. Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 67
Table 10. U.S. Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 67
Table 11. U.S. Wealth Management Platform Market by End User, 2021-2031, $ mn 67
Table 12. Canada Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 69
Table 13. Canada Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 69
Table 14. Canada Wealth Management Platform Market by End User, 2021-2031, $ mn 69
Table 15. Mexico Wealth Management Platform Market by Deployment Type, 2021-2031, $ mn 71
Table 16. Mexico Wealth Management Platform Market by Advisory Model, 2021-2031, $ mn 71
Table 17. Mexico Wealth Management Platform Market by End User, 2021-2031, $ mn 71
Table 18. Avaloq Group AG: Company Snapshot 76
Table 19. Avaloq Group AG: Business Segmentation 77
Table 20. Avaloq Group AG: Product Portfolio 77
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16
Figure 4. North America Wealth Management Platform Market, 2021-2031, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of North America Wealth Management Platform Market 23
Figure 7. GDP per capita in the World, 1960-2018, $ thousand 26
Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million 26
Figure 9. Primary Restraints and Impact Factors of North America Wealth Management Platform Market 27
Figure 10. Investment Opportunity Analysis 31
Figure 11. Porter’s Fiver Forces Analysis of North America Wealth Management Platform Market 34
Figure 12. Breakdown of North America Wealth Management Platform Market by Deployment Type, 2021-2031, % of Revenue 39
Figure 13. North America Addressable Market Cap in 2022-2031 by Deployment Type, Value ($ mn) and Share (%) 39
Figure 14. North America Wealth Management Platform Market by Deployment Type: On-premises Platform, 2021-2031, $ mn 40
Figure 15. North America Wealth Management Platform Market by Deployment Type: Cloud-based Platform, 2021-2031, $ mn 41
Figure 16. Breakdown of North America Wealth Management Platform Market by Advisory Model, 2021-2031, % of Sales Revenue 43
Figure 17. North America Addressable Market Cap in 2022-2031 by Advisory Model, Value ($ mn) and Share (%) 43
Figure 18. North America Wealth Management Platform Market by Advisory Model: Human Advisory, 2021-2031, $ mn 44
Figure 19. North America Wealth Management Platform Market by Advisory Model: Robo Advisory, 2021-2031, $ mn 45
Figure 20. North America Wealth Management Platform Market by Advisory Model: Hybrid Advisory, 2021-2031, $ mn 46
Figure 21. Breakdown of North America Wealth Management Platform Market by Application, 2021-2031, % of Sales Revenue 48
Figure 22. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 48
Figure 23. North America Wealth Management Platform Market by Application: Financial Advice Management, 2021-2031, $ mn 49
Figure 24. North America Wealth Management Platform Market by Application: Portfolio Accounting and Trading Management, 2021-2031, $ mn 50
Figure 25. North America Wealth Management Platform Market by Application: Performance Management, 2021-2031, $ mn 51
Figure 26. North America Wealth Management Platform Market by Application: Risk and Compliance Management, 2021-2031, $ mn 52
Figure 27. North America Wealth Management Platform Market by Application: Reporting, 2021-2031, $ mn 53
Figure 28. North America Wealth Management Platform Market by Application: Other Applications, 2021-2031, $ mn 54
Figure 29. Breakdown of North America Wealth Management Platform Market by End User, 2021-2031, % of Revenue 56
Figure 30. North America Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 56
Figure 31. North America Wealth Management Platform Market by End User: Banks, 2021-2031, $ mn 57
Figure 32. North America Wealth Management Platform Market by End User: Investment Management Firms, 2021-2031, $ mn 58
Figure 33. North America Wealth Management Platform Market by End User: Trading & Exchange Firms, 2021-2031, $ mn 59
Figure 34. North America Wealth Management Platform Market by End User: Brokerage Firms, 2021-2031, $ mn 60
Figure 35. North America Wealth Management Platform Market by End User: Other End Users, 2021-2031, $ mn 61
Figure 36. Breakdown of North America Wealth Management Platform Market by Country, 2021 and 2031, % of Revenue 63
Figure 37. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 64
Figure 38. U.S. Wealth Management Platform Market, 2021-2031, $ mn 66
Figure 39. Canada Wealth Management Platform Market, 2021-2031, $ mn 68
Figure 40. Wealth Management Platform Market in Mexico, 2021-2031, $ mn 70
Figure 41. Growth Stage of North America Wealth Management Platform Industry over the Forecast Period 72
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In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
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It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
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