KSA Robo-Advisory Market is expected to grow 5x, generating USD ~3.5Bn by 2026F owning to rising digital transformation, emergence of new players and Government Initiatives: Ken Research Robo-Advisors provides a low-cost alternative to traditional investing, eliminating the human labor, lower overheads with little-to-no minimum investments required making it an attractive market for investors. With advent of new technology, better algorithms, better user-experience, millennial & Gen-Z adaptation of newer technology, Robo-Advisory market is expected to grow in future. Banks are expected to take… Read More »
Robo-Advisors- A Low-Cost Investment for KSA Residents to Invest by Automating Trading Decisions and Eliminating Human Emotions KSA Robo-Advisory in Wealth Management to grow at CAGR of ~50% by 2026F In 2021, approximately 20% of KSA’s wealth is derived from Ultra High Net Worth (HNW) individuals who are worth more than USD 100 million, and it is expected to remain the case in the coming future. Competition is fierce among KSA-based Wealth Management… Read More »
KSA Robo Advisory Market is estimated to grow at a positive CAGR of 52% in between 2022E and 2026F: Ken Research Focused on influx of AI technology along with growing demand for financial inclusion and affordability in financial planning. Increasing Digitalization: The increase in digitalization has completely transformed the human advisory process into digital solution platforms known as Robo-Advisors, which has also given the next digital generation a chance to establish more elaborate solutions to model… Read More »
