North America Social Trading Platform Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Platform (PC and Mobile), End User (Individual Traders and Professional Traders), and Asset Class (Equity, Commodity, Derivatives, Crypto, and Other)
The North America social trading platform market is expected to reach US$ 1,456.83 million by 2028 from US$ 910.90 million in 2021; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.
Key factors such as the rising need for customized trading platforms and the increasing benefits of integration of chatbots with trading platforms will propel the growth of social trading platforms. However, the stringent rules and regulations and lack of awareness about online trading hamper the market growth.
Customized trading platform software effectively increases the organizations' revenue and provides better customer satisfaction. The traders widely adopt a customized trading platform for their easy use. The customized trading platform provides customers with detailed and easy-to-read charts, actual-time statistics, and customized reporting systems. For instance, in May 2021, ParagonEX (financial technology leader) launched a fully customizable trading platform, allowing its broker clients to decide on every detail of the platforms' look and feel. The customization features every element of the trading platform, which allows for endless customization per broker or end-user. The new platform allows each broker to have a unique appearance, displaying elements of their choice, thus creating a distinct brand identity and catering to the profile and mix of their end-users.
The customized trading platform also offers advanced and detailed chart analysis according to the customers' needs. For instance, inVerita (a customized software development company) offers customized trading platform software. The software also provides advanced and detailed chart analysis according to the customers' needs. With this advanced and detailed chart analysis, reading and understanding of a given data are crucial in the trading industry. Advanced chart analysis gives users flexible and custom features that allow the creation of charts that suit users' needs. Apart from the above benefits, a customized trading platform also offers several options for reading and understanding industry trends, predicting price fluctuations, creating customized and personalized charts, and managing multiple accounts from a single social trading platform. Thus, due to all these benefits offered by the customized trading platforms, the demand for customized trading platform software is increasing globally.
North America Social Trading Platform Market Revenue and Forecast to 2028 (US$ Mn)
NORTH AMERICA SOCIAL TRADING PLATFORM MARKET SEGMENTATION
The North America 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 North America market is divided into the US, Canada, and Mexico.
eToro, Tornado, Octa Markets Incorporated, Snowball X, and Public Holding, Inc. are among the leading companies operating in the North America social trading platform market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Social Trading Platform Market – By Platform
1.3.2 North America Social Trading Platform Market – By End user
1.3.3 North America Social Trading Platform Market – By Asset Class
1.3.4 North America Augmented Reality and Virtual Reality Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Social Trading Platform Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinion
5. Social Trading Platform Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Need of Customized Trading Platforms
5.1.2 Rising Benefits of Integration of Chatbots with Trading Platforms
5.2 Market Restraints
5.2.1 Stringent Rules and Regulations and Lack of Awareness about Online Trading
5.3 Market Opportunities
5.3.1 Rising Surge in the Internet Penetration Globally
5.4 Future Trends
5.4.1 Artificial Intelligence drives the Adoption of Social Trading Platforms
5.5 Impact Analysis of Drivers and Restraints
6. North America Social Trading Platform Market –Country Analysis
6.1 Social Trading Platform Market North America Overview
6.2 Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Social Trading Platform Market Analysis – By Platform
7.1 Overview
7.2 Social Trading Platform Market, By Platform (2020 and 2028)
7.3 PC
7.3.1 Overview
7.3.2 PC: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Mobile
7.4.1 Overview
7.4.2 Mobile: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
8. Social Trading Platform Market – By End user
8.1 Overview
8.2 Social Trading Platform Market, By End user (2020 and 2028)
8.3 Individual Traders
8.3.1 Overview
8.3.2 Individual Traders: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Professional Traders
8.4.1 Overview
8.4.2 Professional Traders: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
9. Social Trading Platform Market – By Asset Class
9.1 Overview
9.2 Social Trading Platform Market, By Asset class (2020 and 2028)
9.3 Equity
9.3.1 Overview
9.3.2 Equity: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Commodity
9.4.1 Overview
9.4.2 Commodity: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Derivatives
9.5.1 Overview
9.5.2 Derivatives: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Crypto
9.6.1 Overview
9.6.2 Crypto: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Social Trading Platform Market –Country Analysis
10.1 North America: Social Trading Platform Market
10.1.1 Overview
10.1.2 North America Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.1.3 North America Social Trading Platform Market Breakdown, By Platform
10.1.4 North America Social Trading Platform Market Breakdown, By End User
10.1.5 North America Social Trading Platform Market Breakdown, By Asset Class
10.1.6 North America Social Trading Platform Market Breakdown, by Country
10.1.6.1 US Social Trading Platform Market, Revenue and Forecast to 2028
10.1.6.1.1 US Social Trading Platform Market Breakdown, By Platform
10.1.6.1.2 US Social Trading Platform Market Breakdown, By End User
10.1.6.1.3 US Social Trading Platform Market Breakdown, By Asset Class
10.1.6.2 Canada Social Trading Platform Market, Revenue and Forecast to 2028
10.1.6.2.1 Canada Social Trading Platform Market Breakdown, By Platform
10.1.6.2.2 Canada Social Trading Platform Market Breakdown, By End User
10.1.6.2.3 Canada Social Trading Platform Market Breakdown, By Asset Class
10.1.6.3 Mexico Social Trading Platform Market, Revenue and Forecast to 2028
10.1.6.3.1 Mexico Social Trading Platform Market Breakdown, By Platform
10.1.6.3.2 Mexico Social Trading Platform Market Breakdown, By End User
10.1.6.3.3 Mexico Social Trading Platform Market Breakdown, By Asset Class
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
12.1 eToro
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Tornado
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Octa Markets Incorporated
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Public Holding, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Snowball X
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Social Trading Platform Market, Revenue and Forecast To 2028 – By Platform (US$ million)
Table 2. North America Social Trading Platform Market, Revenue and Forecast To 2028 – By End User (US$ million)
Table 3. North America Social Trading Platform Market, Revenue and Forecast To 2028 – By Asset Class (US$ million)
Table 4. North America Social Trading Platform Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 5. US Social Trading Platform Market, Revenue and Forecast to 2028 – By Platform (US$ million)
Table 6. US Social Trading Platform Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 7. US Social Trading Platform Market, Revenue and Forecast to 2028 – By Asset Class (US$ million)
Table 8. Canada Social Trading Platform Market, Revenue and Forecast to 2028 – By Platform (US$ million)
Table 9. Canada Social Trading Platform Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 10. Canada Social Trading Platform Market, Revenue and Forecast to 2028 – By Asset Class (US$ million)
Table 11. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 – By Platform (US$ million)
Table 12. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 13. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 – By Asset Class (US$ million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Social Trading Platform Market Segmentation
Figure 2. Social Trading Platform Market Segmentation – By Country
Figure 3. Social Trading Platform Market Overview
Figure 4. Social Trading Platform Market, By Platform
Figure 5. Social Trading Platform Market, By End User
Figure 6. Social Trading Platform Market, By Asset Class
Figure 7. Social Trading Platform Market, By Country
Figure 8. North America: PEST Analysis
Figure 9. Expert Opinion
Figure 10. Social Trading Platform Market: Impact Analysis of Drivers and Restraints
Figure 11. Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Social Trading Platform Market Revenue Share, By Platform (2020 and 2028)
Figure 13. PC: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Mobile: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Social Trading Platform Market Revenue Share, By End user (2020 and 2028)
Figure 16. Individual Traders: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Professional Traders Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Social Trading Platform Market Revenue Share, By Asset class (2020 and 2028)
Figure 19. Equity: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Commodity: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Derivatives: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Crypto: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Social Trading Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 25. North America Social Trading Platform Market Breakdown, By Platform, 2020 & 2028 (%)
Figure 26. North America Social Trading Platform Market Breakdown, By End User, 2020 & 2028 (%)
Figure 27. North America Social Trading Platform Market Breakdown, By Asset Class, 2020 & 2028 (%)
Figure 28. North America Social Trading Platform Market Breakdown, by Country, 2020 & 2028 (%)
Figure 29. US Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 30. Canada Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 31. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
- eToro
- Tornado,
- Octa Markets Incorporated,
- Snowball X
- Public Holding, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America social trading 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 North America social trading 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 market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.