Market Insights Financial Wealth Management Digital Investment

Robo-Advisors - Vietnam

Vietnam

The assets under management in the Robo-Advisors market in Vietnam are projected to reach US$3,127.00m in 2024.
This market segment is expected to show an annual growth rate of 9.89% from 2024 to 2027, resulting in a projected total amount of US$4,150.00m by 2027.
Furthermore, it is estimated that the number of users in the Robo-Advisors market in Vietnam will amount to 272.700k users by 2027.
The average assets under management per user in this market segment is projected to be US$12.49k in 2024.
When comparing in Vietnam to other countries globally, it is worth noting that in the United States has the highest assets under management, reaching US$1,459,000.00m in 2024.
Vietnam's growing middle class and increasing digital adoption make it a prime market for the expansion of robo-advisors.

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.