The global Wealth Management Software Market size was valued at USD 3.76 Billion in 2022 and is projected to grow at a CAGR of 13.8% during the forecast period 2022 to 2030.

Wealth Management Software Market Overview:

The growth of the market can be attributed to the increasing demand for wealth management software from financial advisors to effectively understand their clients' needs and streamline their financial management accordingly. A growing range of wealth management software covering everything from accounting and investment management to estate planning and retirement planning is a good sign for the market to grow. Advances in technology and increasing adoption of newer technologies for wealth management are expected to intensify competition between traditional and non-traditional businesses.

Several wealth management companies around the world are using artificial intelligence (AI)-powered applications to provide personalized solutions to their clients. In particular, companies are adopting predictive analytics tools powered by AI and machine learning (ML) to analyze large amounts of investment-related data and predict future trends. Growing number of High Net Worth Individuals (HNWIs) globally is expected to play a niche role in promoting product adoption during the forecast period. HNWIs require a variety of services, including investment management services, tax advice, billing services, and portfolio management services.

Wealth Management Software market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Wealth Management Software market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.

The Wealth Management Software market research report is categorized based on type, applications and region.

Market Key Players:

Comarch SA, Dorsum Ltd., Fidelity National Information Services, Inc., Finantix, Fiserv, Inc., Objectway S.p.A., Profile Software, SEI Investments Company, SS&C Technologies Holdings, Inc., Temenos Headquarters SA, and others.

By Type:

• Cloud-Based
• On-Premise

By Application:

• SME
• Large Enterprise
• Personal Use

Advisory Mode Outlook

• Human Advisory
• Robo Advisory
• Hybrid

By Region:

Geographically, the global Wealth Management Software market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).

North America dominated the market in 2021, accounting for over 36.0% revenue share. The number of HNWIs in the region continues to grow. These HNWIs are increasingly signing up for advanced financial advisory solutions. North America is also home to prominent market players. Increasing digitization across the financial sector in several North American countries is another factor highlighting the growth of the regional market. Asia Pacific is expected to emerge as the fastest-growing regional market during the forecast period.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Wealth Management Software Market report scope

 

Key Takeaways from this Wealth Management Software Report

• Estimate Wealth Management Software market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Wealth Management Software market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions

At what CAGR is the Wealth Management Software market projected to grow in the forecast period 2022 to 2030?

What are the types of Wealth Management Software market?

What are the applications of Wealth Management Software market?

Who are the top players in Wealth Management Software market?

Which application segment is expected to drive the growth of the Wealth Management Software market in the next 5 years?

Which are the key deployments types adopting Wealth Management Software market?