Market Insights Financial Wealth Management Digital Investment

Robo-Advisors - Greece

Greece

The Robo-Advisors market in Greece is projected to witness a significant growth in the coming years.
By 2024, it is estimated that the assets under management in this market will reach US$1,279.00m.
This growth is expected to continue, with an annual growth rate of 7.28% from 2024 to 2027.
As a result, the total assets under management in the Robo-Advisors market in Greece are projected to reach US$1,579.00m by 2027.
Furthermore, the number of users in the Robo-Advisors market in Greece is expected to increase to 17.380k users by 2027.
This indicates a growing interest and adoption of Robo-Advisors market among investors in the country.
In terms of average assets under management per user, it is estimated that each user in the Robo-Advisors market in Greece will have US$74.53k under management in 2024.
This metric provides insights into the level of wealth managed by Robo-Advisors market for each individual user.
When comparing the assets under management globally, it is noteworthy that in the United States currently holds the highest position.
In 2024, the assets under management in the Robo-Advisors market in the United States are projected to reach US$1,459,000.00m.
This highlights the dominance of the United States in terms of assets managed by Robo-Advisors market.
Overall, the Robo-Advisors market in Greece is expected to experience substantial growth in the coming years, with a significant increase in assets under management and the number of users.
In Greece, the adoption of robo-advisors is slowly gaining traction, as investors seek cost-effective and automated investment solutions.

Key regions: Singapore, Asia, Germany, Canada, Europe

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.