India Wealth Management Market Analysis & Forecast with 2025
Market Reports on India Provides the Trending
Market Research Report “India Wealth Management Market
By Advisory Mode (Human Advisory, Robo Advisory & Hybrid), By Business
Function (Financial Advice Management, Portfolio, Accounting & Trading
Management & Others), By Deployment Mode (On-premises & Cloud), By
Enterprise Size (Large Enterprises Vs Small & Medium Enterprises), By
End-User Industry (Investment Management Firms, Trading and Exchange Firms
& Others), Competition, Forecast & Opportunities, 2025”under Business Services Category. The report offers a collection of superior market research, market analysis, competitive
intelligence and Market reports.
As on date
of publishing, this report will capture the impact assessment of COVID-19 on
this market and the same will be considered in our market forecast model.
Clients purchasing this report between April and June 2020 will be getting a
‘free’ updated market data excel sheet between July and September 2020
accounting for the impact of COVID-19 on the market in the current year 2020
and forecast.
India
Wealth Management Market is expected to grow at a CAGR of around 11% during the forecast
period. This can be majorly attributed to the growing adoption of innovative
tools by the individuals to manage their finances. Moreover, rising high net
worth individuals (HNWIs) population is further aiding the growth of the
market. Additionally, increasing Internet penetration coupled with growing
number of social media users, the demand for wealth management has intensified
in India. Other factors like very large and young mass affluent segment,
increase in the wealth of global Indians and rising share of the organized
market players such as independent wealth advisors and small brokers/agents as
financial advisors are further fuelling growth in the market. However, due to
stringent regulatory issues along with the resistance to accept the technology
might act as a major impediment to the market growth in the forthcoming years.
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Request a free sample copy of India Wealth Management Market Report
http://www.marketreportsonindia.com/marketreports/sample/reports/2088954
Based on advisory mode, the wealth management
market is categorized into human advisory, robo advisory and hybrid. Among
them, robo advisory mode is projected to witness high traction in the upcoming
years as this mode is efficient, cost-effective, and secured. Furthermore,
technological advancements such as machine learning and cognitive computing are
further adding to the efficiency and improving the data-driven insights of the
robo advisory mode and on the same hand reducing the operating costs for
financial advisors. In terms of deployment, the market has been bifurcated into
cloud and on-premise. The cloud deployment mode dominated the market until 2018
and is expected to remain the most preferred method of deploying wealth
management tools throughout the forecast period as well which can be attributed
to the benefits it offers such as reduced operating costs. Financial advisory
firms based in the country, are anticipated to prefer wealth managing solutions
deployed on the cloud. Additionally, the cloud-based deployment is advantageous
in many other ways such as it provides an easy access to data coupled with
flexible payment options, and this is witnessed to spur the growth of the
segment over the forecast period.
Market players in India wealth management market
are FIS Global Business Solutions India Pvt. Ltd., Fiserv India Pvt Ltd,
Broadridge Financial Solution India Pvt. Ltd, Temenos India Pvt Ltd, SEI
Technology Services India Private Limited, Finacrest Wealth, Finantix, Karvy
Corporate and BNP Paribas Asset Management India Private Limited. The key
players are investing more to develop new technologies in order to develop
energy efficient transportation and increase their customer bases worldwide.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
• To analyze and forecast the market size of India
wealth management market.
• To forecast India wealth management market
based on advisory mode, business function, deployment mode, enterprise size,
end-user industry and regional distribution.
• To identify drivers and challenges for India
wealth management market.
• To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
wealth management market.
• To identify and analyze the profile of leading
players operating in India wealth management market.
Our Research performed both primary as well as
exhaustive secondary research for this study. Initially, Our Research sourced a
list of wealth management service providers across the country. Subsequently, Our
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, Our Research could include the service providers which
could not be identified due to the limitations of secondary research. Our
Research analyzed the product types, application types and presence of all
major wealth management service providers across the country.
Our Research calculated India wealth management
market size by using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. Our Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by Our Research.
Key Target Audience:
• Wealth management service providers
• Government bodies such as regulating
authorities and policy makers
• Industry associations
• Organizations, forums and alliances related to
wealth management market
• Market research and consulting firms
The study is useful in providing answers to
several critical questions that are important for the industry stakeholders
such as product service providers, end users etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India wealth management market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
• India Wealth Management Market, By Advisory
Mode:
Human Advisory
Robo Advisory
Hybrid
• India Wealth Management Market, By Business
Function:
Financial Advice Management
Portfolio, Accounting & Trading Management
Performance Management
Risk and Compliance Management
Reporting
Others
• India Wealth Management Market, By Deployment
Mode:
On-premises
Cloud
• India Wealth Management Market, By Enterprise
Size:
Large Enterprises
Small & Medium Enterprises
• India Wealth Management Market, By End-User
Industry:
Investment Management Firms
Trading and Exchange Firms
Accounting Firm
HNWI
Pension & Sovereign Wealth Funds
Insurance Companies
Others
• India Wealth Management Market, By Region:
North Region
West Region
East Region
South Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in India wealth management market.
Available Customizations:
With the given market data, Our Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional
market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and
indirect sales channel.
Browse our full report
with Table of Content :
http://www.marketreportsonindia.com/marketreports/india-wealth-management-market-by-advisory-mode-human-advisory-robo-advisory-hybrid-by-business-function-financia/2088954
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Tel: +91 22 27810772 / 27810773
Email: info@marketreportsonindia.com
Website: www.marketreportsonindia.com
Follow us on: Twitter, Facebook, LinkedIn
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