The Global Banking Automation & Roboadvisors Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Scope of the Report:
Until now, banks mainly have focused on using new technology as a shield, or as a means to cut cost, with a focus on the automation of back-office processes, advanced anomaly detection in transaction data for fraud-detection purposes, and similar cost-saving measures. With ROE (return on equity) for global banks under pressure from the increasing costs for regulatory capital, some banks are finally starting to take automation seriously.
Currently a lot of industry attention centers around chatbot solutions in retail banking. Chatbots are interesting from many perspectives but have to become better at understanding natural language. Most cognitive and conversational solutions still only operate in a few languages and don’t perform well enough when they have to use a translation layer. A poor chatbot solution is neither progressive nor good for business. We can expect a major pickup in performance when all solutions operate natively across languages.
The global Banking Automation & Roboadvisors market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Banking Automation & Roboadvisors.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Banking Automation & Roboadvisors market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Banking Automation & Roboadvisors market by product type and applications/end industries.
Market Segment by Companies, this report covers
- Alibaba
- Antworks
- Automation Anywhere
- BlackRock
- Blue Prism
- Boston Consulting Group
- Charles Schwab
- Cio.com
- Facebook
- FCA (Financial Conduct Authority)
- FutureAdvisor
- HSBC
- IBM
- Ikarus
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Robotic Process Automation
- Customer Service Chatbots
- Roboadvisors
Market Segment by Applications, can be divided into
- BFSI
- Government/Public Sector
- Others