The robo-market study by A.T. Kearney shows: RoboAdvisor services will manage $ 2 trillion US assets within the next four years.
In their market study „Hype vs. reality: the coming waves of “RoboAdoption”” A.T. Kearney predicts rapid growth of the RoboAdvisor market. RoboAdvisors automate investment and trading processes using intelligent algorithms. The study entails the following key messages:
» $2 trillion of U.S. assets will be managed by RoboAdvisor services by 2020.
» Robo-Advisor services will become a mainstream tool for the investment industry within the next 3-5 years.
» Robo-Advice is a key growth market for those, who believe in a consumer-oriented financial marketplace.
» The market adoption will occur faster than the adoption of EFTs.
» Strategic implications: traditional asset management will have to adjust or reinvent their business models.
The study released in June 2015 and is based on a survey of 4,000 investors in the United States.You may download the study here: Hype vs. reality: the coming waves of “Robo” adoption.