Analysis By Platform (PC and Mobile), End User (Individual Traders and Professional Traders), and Asset Class (Equity, Commodity, Derivatives, Crypto, and Other)
No. of Pages:114
Report Code:
BMIRE00025211
Category:
Technology, Media and Telecommunications
The Asia Pacific social trading platform market is expected to reach US$ 894.48 million in 2028 from US$ 459.04 million in 2021; it is estimated to grow with a CAGR of 10.0% from 2021 to 2028.
Key factors such as artificial intelligence driving the adoption of social trading platforms and increasing benefits of integration of chatbots with trading platforms are propelling the social trading platform market growth. However, the stringent rules and regulations and lack of awareness about online trading hamper the market growth.
The surging adoption of artificial intelligence (AI) is taking the future of online trading platforms to a whole new level. Therefore, several companies use AI technology to automate trading functions in their in-house products. Such AI-based online trading platforms enable users to execute practices at an optimal price and monitor millions of trading data pointers. The platform helps trading organizations efficiently mitigate risks to provide returns. Some companies implemented AI technology and its applications with trading platforms. Further, in March 2022, according to the article published by Yahoo Finance, EQONEX Limited and Capitalise.ai joined forces to provide crypto traders with enhanced trading tools to analyze and automate execution. The Capitalise.ai platform removes barriers for traders that may not have technical or coding skills by enabling them to create and test trading scenarios using simple English text commands. It also delivers alerts and insights on the go, provided by Capitalise.ai's engine. Similarly, in November 2021, Paytm Money (the wholly-owned subsidiary of Paytm) launched an AI-powered voice, trading powered by AI. AI-powered voice trading allows users to place a trade or get information about stocks via single voice command. This voice command feature uses neural networks and natural language processing to allow instant processing. According to Paytm Money's efforts to offer next-gen and AI-driven tech to elevate user experience, this service has been launched. Thus, AI technology's benefits to social trading platforms create future demand for more online trading.
Asia Pacific Social Trading Platform Market Revenue and Forecast to 2028 (US$ Mn)
ASIA PACIFIC SOCIAL TRADING PLATFORM MARKET SEGMENTATION
The Asia Pacific social trading platform market is segmented into platform, end-user, asset class, and country. On the basis of the platform, the market is bifurcated into PC and mobile. On the basis of end-user, the market is segmented into individual traders and professional traders. Based on asset class, the market is segmented into equity, commodity, derivatives, crypto, and others. Geographically, the market is divided into India, China, Japan, Australia, South Korea, and the Rest of Asia Pacific.
eToro, MetaQuotes, Assetgro Fintech Pvt. Ltd (Stockgro), Octa Markets Incorporated, and Snowball X are among the leading companies operating in the Asia Pacific social trading platform market.
Asia Pacific Social Trading Platform Market Strategic Insights
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Asia Pacific Social Trading Platform Market Segmentation Analysis
Asia Pacific Social Trading Platform Market Report Highlights
Asia Pacific Social Trading Platform Report Scope
Report Attribute
Details
Market size in 2021
US$ 459.04 Million
Market Size by 2028
US$ 894.48 Million
CAGR (2021 - 2028)
10.0%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Platform
PC
Mobile
By End User
Individual Traders
Professional Traders
By Asset Class
Equity
Commodity
Derivatives
Crypto
Regions and Countries Covered
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Market leaders and key company profiles
eToro
MetaQuotes
Assetgro Fintech Pvt. Ltd (Stockgro)
Snowball X
Octa Markets Incorporated
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Asia Pacific Social Trading Platform Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Asia Pacific Social Trading Platform Market
eToro
MetaQuotes
Assetgro Fintech Pvt. Ltd (Stockgro)
Snowball X
Octa Markets Incorporated
Frequently Asked Questions
How big is the Asia Pacific Social Trading Platform Market?
The Asia Pacific Social Trading Platform Market is valued at US$ 459.04 Million in 2021, it is projected to reach US$ 894.48 Million by 2028.
What is the CAGR for Asia Pacific Social Trading Platform Market by (2021 - 2028)?
As per our report Asia Pacific Social Trading Platform Market, the market size is valued at US$ 459.04 Million in 2021, projecting it to reach US$ 894.48 Million by 2028. This translates to a CAGR of approximately 10.0% during the forecast period.
What segments are covered in this report?
The Asia Pacific Social Trading Platform Market report typically cover these key segments-
Platform (PC, Mobile)
End User (Individual Traders, Professional Traders)
Asset Class (Equity, Commodity, Derivatives, Crypto)
What is the historic period, base year, and forecast period taken for Asia Pacific Social Trading Platform Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Social Trading Platform Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Asia Pacific Social Trading Platform Market?
The Asia Pacific Social Trading Platform Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
eToro
MetaQuotes
Assetgro Fintech Pvt. Ltd (Stockgro)
Snowball X
Octa Markets Incorporated
Who should buy this report?
The Asia Pacific Social Trading Platform Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Asia Pacific Social Trading Platform Market value chain can benefit from the information contained in a comprehensive market report.
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