Long-term financial planning is a procedure of aligning the financial capacity of an individual with long-term service goals by financial forecasting. Different governments globally have an overall long-term financial planning process that encourages the discussion of a long-range perspective used by decision-makers. Wealth management tools help minimize financial difficulties by generating long-term and strategic thinking. They are essential for effective communication with external and internal stakeholders. Adoption of Al and analytics provides the analysis phase to provide information that aids in the strategizing and planning. The analysis phase comprises financial and forecasts analysis, often associated with long-term financial planning. It also involves information gathering, trend forecasting, and analysis. These analyses create awareness about long-term financial planning among the masses, which would create lucrative opportunities for the wealth management platform market during the forecast period.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe wealth management platform market. The market is expected to grow at a good CAGR during the forecast period.
The Europe wealth management platform market is segmented on the basis of advisory model, business function, deployment type, end user, and country. The market, based on advisory model, is segmented into human advisory, robo-advisory, and hybrid. The human advisory segment held the largest market share in 2020. The Europe wealth management platform market, by business function, is segmented into performance management, risk and compliance management, portfolio accounting and trading management, financial advice management, reporting, and others. The portfolio accounting and trading management segment held the largest market share in 2020. The market, by deployment type, is segmented into cloud and on-premises. The cloud-based segment held a larger market share in 2020. The Europe wealth management platform market, by end user, is segmented into trading and exchange firms, banks, brokerage firms, investment management firms, and others. The investment management firms segment held the largest market share in 2020. Based on country, the Europe wealth management platform market is segmented into France, Germany, Italy, the UK, Russia, and the rest of Europe. Broadridge Financial Solutions, Inc.; Comarch SA; FIS Global; Fiserv, Inc.; InvestCloud; Profile Software S.A.; SEI Investments Developments, Inc.; SS&C Technologies, Inc.; and Temenos Headquarters SA are among the leading companies in the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 998.67 Million |
| Market Size by 2028 | US$ 2,725.26 Million |
| CAGR (2021 - 2028) | 15.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Advisory Model
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Wealth Management Platform Market is valued at US$ 998.67 Million in 2021, it is projected to reach US$ 2,725.26 Million by 2028.
As per our report Europe Wealth Management Platform Market, the market size is valued at US$ 998.67 Million in 2021, projecting it to reach US$ 2,725.26 Million by 2028. This translates to a CAGR of approximately 15.4% during the forecast period.
The Europe Wealth Management Platform Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Wealth Management Platform Market report:
The Europe Wealth Management Platform Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Wealth Management Platform Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Wealth Management Platform Market value chain can benefit from the information contained in a comprehensive market report.
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