Banking Automation and Roboadvisors Market Analysis | 2025-2030

Market Insights

The banking automation and roboadvisors market was estimated at USD XX billion in 2024 and is likely to grow at a CAGR of 5.0% during 2025-2030 to reach USD XX billion in 2030.

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Market Dynamics

Introduction

Automation is the technology by which a procedure or a process is performed with minimum human assistance. A Roboadvisor is an online, automated portfolio management service. It uses an algorithm-based portfolio management service that is offered by wealth management companies. As these companies use computer algorithms to manage client investments, Robo-advisors offer their services for a fraction of the cost of a human financial advisor.

Market Drivers

Sheer benefits of banking automation and Robo-advisors to allow automatic management of an individual’s wealth based on algorithms are a key driving factor.

Also, advice related to investment at low cost and an increase in the maturity of digital advice technologies is likely to support the product demand. Also, the advice related to investment at low cost and the surge in the maturity of digital advice technologies further contribute to the industry growth. Moreover, a lack of direct contact or personalized support for the clients can hinder the market expansion.

Segment Analysis

By Type

By type, the banking automation & roboadvisors market has been segmented into robotic process automation, customer service chatbots, and roboadvisors.

• Under these, the roboadvisors segment held a substantial market share in 2024 and is likely to register the fastest CAGR in the following years.
• Roboadvisor substantially decreases the management cost involved in providing all the financial advice through manpower, thereby helping wealth management companies to provide this as a minimal cost service for their customers.

Regional Insights

The North American market garnered a significant market share in 2024 and is projected to grow at a steady CAGR during the assessment period. This is mainly attributed to the large number of banking companies, coupled with a rising trend of automation in banking systems, which results in the increasing implementation of banking automation systems and roboadvisors.

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Key Players

Key players operating in the market are:

• Alibaba (China),
• Antworks (India),
• Automation Anywhere (The US),
• BlackRock (The US),
• Blue Prism (UK),
• Boston Consulting Group (The US),
• Charles Schwab (The US),
• Cio.com (The US),
• Facebook (The US), and
• FCA (Financial Conduct Authority) (The US).

Note: The above list does not necessarily include all the top players in the market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s banking automation & roboadvisors market realities and future market possibilities for the forecast period of 2025 to 2030. After a continuous interest in our banking automation & roboadvisors market report from the industry stakeholders, we have tried to further accentuate our research scope to the banking automation & roboadvisors market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

Market Segmentation

This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The banking automation & roboadvisors market is segmented into the following categories:

By Type

• Robotic Process Automation
• Customer Service Chatbots
• Roboadvisors

By Application Type

• BFSI
• Government/Public Sector
• Others

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.