Middle East and Africa Wealth Management Platform Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Advisory Model (Human Advisory, Robo-Advisory, and Hybrid), Business Function (Performance Management, Risk and Compliance Management, Portfolio Accounting and Trading Management, Financial Advice Management, Reporting, and Others), Deployment Type (Cloud and On-Premises), and End User (Investment Management Firms, Trading and Exchange Firms, Banks, Brokerage Firms, and Others)

TIPRE00029196 | Pages: 133 | Technology, Media and Telecommunications | May 2022 | Type: Regional | Status: Published

The wealth management platform market in the MEA is expected to grow from US$ 307.55 million in 2021 to US$ 616.24 million by 2028; it is estimated to grow at a CAGR of 10.4% from 2021 to 2028.

 

The MEA comprises countries such as South Africa, Saudi Arabia, and the UAE. The UAE is the most advanced country in this region, and it deploys several technologically advanced solutions to maintain its global image. UAE government has invested significantly higher amounts in infrastructure development, which has propelled the employment rate over the years. Several countries in the MEA are attracting large FDIs in their manufacturing sector. Digital revolution is gaining momentum with the extending reach and high adoption of advanced and innovative technologies. This indicates the region’s potential for the proliferation of the IT sector, to become a leading digital economy. The growth of this sector is anticipated to propel the demand for wealth management platforms in the MEA during the forecast period.

Many MEA countries focus on attracting FDIs to catalyze the growth of their businesses, which boosts the adoption of wealth management platforms in these countries in the coming years. Moreover, countries such as Oman and Israel are likely to increase their investments in the manufacturing sector in the future years. The government of Oman has invested in the establishment of special economic zones (SEZ) to boost its corporate sector. Furthermore, in Africa, innovative fintech firms are playing a significant role in developing the region’s financial services ecosystem. Moreover, the leading incumbent banks in the region are emphasizing more on harnessing technological innovations, establishing partnerships with fintech start-ups, and developing an efficient platform for the wealth management activities. Such a rapid increase in investments for the adoption of new technologies to attain better operational efficiencies is a major factor supporting the growth of the wealth management platform market in the MEA.

 

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 MEA wealth management platform market. The market is expected to grow at a good CAGR during the forecast period.

MEA Wealth Management Platform Market Revenue and Forecast to 2028 (US$ Million)

MEA Wealth Management Platform Market Revenue and Forecast to 2028 (US$ Million)

Get more information on this report :

 

 

MEA Wealth Management Platform Market Segmentation

 

MEA wealth management platform market is segmented into advisory model, business function, deployment type, end user, and country. The MEA wealth management platform market, based on advisory model, is segmented into human advisory, robo-advisory, and hybrid. Human advisory segment held the largest market share in 2020. The MEA 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. Portfolio accounting and trading management segment held the largest market share in 2020. The MEA wealth management platform market, by deployment type, is segmented into cloud and on-premises. Cloud-based segment held the largest market share in 2020. The MEA wealth management platform market, by end user, is segmented into trading & exchange firms, banks, brokerage firms, investment management firms, and others. Investment management firms segment held the largest market share in 2020. Based on country, the MEA wealth management platform market is segmented into Saudi Arabia, South Africa, the UAE, and the rest of MEA. 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.

 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        MEA Wealth Management Platform Market – By Business Function

1.3.2        MEA Wealth Management Platform Market – By Advisory Model

1.3.3        MEA Wealth Management Platform Market – By Deployment Type

1.3.4        MEA Wealth Management Platform Market – By End User

1.3.5        MEA Wealth Management Platform Market – By Country

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Wealth Management Platform Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           MEA Wealth Management Platform Market- Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Adoption of Robo Advisors in Wealth Management

5.2         Market Restraints

5.2.1        High-Profile Data Privacy and Security Concerns

5.3         Market Opportunities

5.3.1        Increasing Awareness of Long-Term Financial Planning

5.4         Future Trends

5.4.1        AI and Analytics Integrating Together for Wealth Management Platforms

5.5         Impact Analysis of Drivers and Restraints

6.           Wealth Management Platform Market – MEA Analysis

6.1         MEA Wealth Management Platform Market Overview

6.2         MEA Wealth Management Platform Market Forecast and Analysis

7.           MEA Wealth Management Platform Market – By Deployment Type

7.1         Overview

7.2         MEA Wealth Management Platform, by Deployment Type (2020 and 2028)

7.3         Cloud

7.3.1        Overview

7.3.2        Cloud: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

7.4         On-Premise

7.4.1        Overview

7.4.2        On-Premise: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

8.           MEA Wealth Management Platform Market – By Advisory Model

8.1         Overview

8.2         MEA Wealth Management Platform, by Advisory Model (2020 and 2028)

8.3         Human advisory

8.3.1        Overview

8.3.2        Human Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Robo Advisory

8.4.1        Overview

8.4.2        Robo Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Hybrid

8.5.1        Overview

8.5.2        Hybrid: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

9.           MEA Wealth Management Platform Market – By Business Function

9.1         Overview

9.2         MEA Wealth Management Platform, by Business Function (2020 and 2028)

9.3         Performance Management

9.3.1        Overview

9.3.2        Performance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Risk and Compliance Management

9.4.1        Overview

9.4.2        Risk and Compliance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Portfolio Accounting and Trading Management

9.5.1        Overview

9.5.2        Portfolio Accounting and Trading Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Financial Advice Management

9.6.1        Overview

9.6.2        Financial Advice Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

9.7         Reporting

9.7.1        Overview

9.7.2        Reporting: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

9.8         Others

9.8.1        Overview

9.8.2        Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

10.        MEA Wealth Management Platform Market Analysis– By End User

10.1      Overview

10.2      MEA Wealth Management Platform Market, by End User (2020 and 2028)

10.3      Investment Management Firms

10.3.1     Overview

10.3.2     Investment Management Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Trading & Exchange Firms

10.4.1     Overview

10.4.2     Trading & Exchange Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Banks

10.5.1     Overview

10.5.2     Banks: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Brokerage Firms

10.6.1     Overview

10.6.2     Brokerage Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

10.7      Others

10.7.1     Overview

10.7.2     Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

11.        MEA Wealth Management Platform Market – Country Analysis

11.1      Overview

11.1.1     MEA Wealth Management Platform Market Breakdown, By Country

11.1.1.1       UAE Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

11.1.1.1.1       UAE Wealth Management Platform Market Breakdown, By Advisory Model

11.1.1.1.2       UAE Wealth Management Platform Market Breakdown, By Business Function

11.1.1.1.3       UAE Wealth Management Platform Market Breakdown, By Deployment Type

11.1.1.1.4       UAE Wealth Management Platform Market Breakdown, By End-Users

11.1.1.2       Saudi Arabia Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

11.1.1.2.1       Saudi Arabia Wealth Management Platform Market Breakdown, By Advisory Model

11.1.1.2.2       Saudi Arabia Wealth Management Platform Market Breakdown, By Business Function

11.1.1.2.3       Saudi Arabia Wealth Management Platform Market Breakdown, By Deployment Type

11.1.1.2.4       Saudi Arabia Wealth Management Platform Market Breakdown, By End-Users

11.1.1.3       South Africa Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

11.1.1.3.1       South Africa Wealth Management Platform Market Breakdown, By Advisory Model

11.1.1.3.2       South Africa Wealth Management Platform Market Breakdown, By Business Function

11.1.1.3.3       South Africa Wealth Management Platform Market Breakdown, By Deployment Type

11.1.1.3.4       South Africa Wealth Management Platform Market Breakdown, By End-Users

11.1.1.4       Rest of MEA Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

11.1.1.4.1       Rest of MEA Wealth Management Platform Market Breakdown, By Advisory Model

11.1.1.4.2       Rest of MEA Wealth Management Platform Market Breakdown, By Business Function

11.1.1.4.3       Rest of MEA Wealth Management Platform Market Breakdown, By Deployment Type

11.1.1.4.4       Rest of MEA Wealth Management Platform Market Breakdown, By End-Users

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

13.        Company Profiles

13.1      Broadridge Financial Solutions, Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Comarch SA

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      FIS Global

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Fiserv, Inc.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      PROFILE SOFTWARE S.A

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      SEI Investments Developments, Inc.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      SS&C Technologies, Inc.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Temenos Headquarters SA

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary

 


LIST OF TABLES

Table 1.             MEA Wealth Management Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2.             UAE Wealth Management Platform Market, Revenue and Forecast To 2028 – By Advisory Model (US$ Mn)

Table 3.             UAE Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)

Table 4.             UAE Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)

Table 5.             UAE Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-Users (US$ Mn)

Table 6.             Saudi Arabia Wealth Management Platform Market, Revenue and Forecast To 2028 – By Advisory Model (US$ Mn)

Table 7.             Saudi Arabia Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)

Table 8.             Saudi Arabia Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)

Table 9.             Saudi Arabia Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-Users (US$ Mn)

Table 10.          South Africa Wealth Management Platform Market, Revenue and Forecast To 2028 – By Advisory Model  (US$ Mn)

Table 11.          South Africa Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)

Table 12.          South Africa Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)

Table 13.          South Africa Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-Users (US$ Mn)

Table 14.          Rest of MEA Wealth Management Platform Market, Revenue and Forecast To 2028 – By Advisory Model (US$ Mn)

Table 15.          Rest of MEA Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)

Table 16.          Rest of MEA Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)

Table 17.          Rest of MEA Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-Users (US$ Mn)

Table 18.          Glossary of Terms, MEA Wealth Management Platform Market


LIST OF FIGURES

Figure 1.           MEA Wealth Management Platform Market Segmentation

Figure 2.           MEA Wealth Management Platform Market Segmentation - Country

Figure 3.           MEA Wealth Management Platform Market Overview

Figure 4.           MEA Wealth Management Platform Market, By Advisory Model

Figure 5.           MEA Wealth Management Platform Market, By Deployment Type

Figure 6.           MEA Wealth Management Platform Market, By Country

Figure 7.           MEA: PEST Analysis

Figure 8.           MEA Wealth Management Platform Market Ecosystem Analysis

Figure 9.           Expert Opinion

Figure 10.        MEA Wealth Management Platform Market Impact Analysis of Drivers and Restraints

Figure 11.        MEA Wealth Management Platform Market, Forecast and Analysis (US$ Mn)

Figure 12.        MEA Wealth Management Platform Market Revenue Share, by Deployment Type (2020 and 2028)

Figure 13.        MEA Cloud: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        MEA On-Premise: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        MEA Wealth Management Platform Market Revenue Share, by Advisory Model (2020 and 2028)

Figure 16.        MEA Human Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        MEA Robo Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        MEA Hybrid: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        MEA Wealth Management Platform Market Revenue Share, by Business Function (2020 and 2028)

Figure 20.        MEA Performance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        MEA Risk and Compliance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        MEA Portfolio Accounting and Trading Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        MEA Financial Advice Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        MEA Reporting: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        MEA Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        MEA Wealth Management Platform Market Revenue Share, by End User (2020 and 2028)

Figure 27.        MEA Investment Management Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        MEA Trading & Exchange Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        MEA Banks: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        MEA Brokerage Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        MEA Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        MEA Wealth Management Platform Market, by Key Country - Revenue (2020) (US$ Mn)

Figure 33.        MEA Wealth Management Platform Market Breakdown, By Country, 2020 and 2028(%)

Figure 34.        UAE Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 35.        Saudi Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 36.        South Africa Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 37.        Rest of MEA Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)

  1. Broadridge Financial Solutions, Inc.
  2. Comarch SA
  3. FIS Global
  4. Fiserv, Inc.
  5. InvestCloud
  6. Profile Software S.A.
  7. SEI Investments Developments, Inc.
  8. SS&C Technologies, Inc.
  9. Temenos Headquarters SA
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA wealth management platform market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA wealth management platform market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the wealth management platform market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
$2400
Site License
$4000
$3200
Enterprise License
$5000
$4000