
Asia Pacific Social Trading Platform Market
No. of Pages: 114 | Report Code: BMIRE00025211 | Category: Technology, Media and Telecommunications
No. of Pages: 114 | Report Code: BMIRE00025211 | Category: Technology, Media and Telecommunications
Key factors such as artificial intelligence driving the adoption of social trading platforms and increasing benefits of integration of chatbots with trading platforms are propelling the social trading platform market growth. However, the stringent rules and regulations and lack of awareness about online trading hamper the market growth.
The surging adoption of artificial intelligence (AI) is taking the future of online trading platforms to a whole new level. Therefore, several companies use AI technology to automate trading functions in their in-house products. Such AI-based online trading platforms enable users to execute practices at an optimal price and monitor millions of trading data pointers. The platform helps trading organizations efficiently mitigate risks to provide returns. Some companies implemented AI technology and its applications with trading platforms. Further, in March 2022, according to the article published by Yahoo Finance, EQONEX Limited and Capitalise.ai joined forces to provide crypto traders with enhanced trading tools to analyze and automate execution. The Capitalise.ai platform removes barriers for traders that may not have technical or coding skills by enabling them to create and test trading scenarios using simple English text commands. It also delivers alerts and insights on the go, provided by Capitalise.ai's engine. Similarly, in November 2021, Paytm Money (the wholly-owned subsidiary of Paytm) launched an AI-powered voice, trading powered by AI. AI-powered voice trading allows users to place a trade or get information about stocks via single voice command. This voice command feature uses neural networks and natural language processing to allow instant processing. According to Paytm Money's efforts to offer next-gen and AI-driven tech to elevate user experience, this service has been launched. Thus, AI technology's benefits to social trading platforms create future demand for more online trading.
Strategic insights for the Asia Pacific Social Trading Platform provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 459.04 Million |
Market Size by 2028 | US$ 894.48 Million |
Global CAGR (2021 - 2028) | 10.0% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Platform
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia Pacific Social Trading Platform refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Asia Pacific social trading platform market is segmented into platform, end-user, asset class, and country. On the basis of the platform, the market is bifurcated into PC and mobile. On the basis of end-user, the market is segmented into individual traders and professional traders. Based on asset class, the market is segmented into equity, commodity, derivatives, crypto, and others. Geographically, the market is divided into India, China, Japan, Australia, South Korea, and the Rest of Asia Pacific.
eToro, MetaQuotes, Assetgro Fintech Pvt. Ltd (Stockgro), Octa Markets Incorporated, and Snowball X are among the leading companies operating in the
Asia Pacific s
ocial trading platform market.
The Asia Pacific Social Trading Platform Market is valued at US$ 459.04 Million in 2021, it is projected to reach US$ 894.48 Million by 2028.
As per our report Asia Pacific Social Trading Platform Market, the market size is valued at US$ 459.04 Million in 2021, projecting it to reach US$ 894.48 Million by 2028. This translates to a CAGR of approximately 10.0% during the forecast period.
The Asia Pacific Social Trading Platform Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Social Trading Platform Market report:
The Asia Pacific Social Trading Platform Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Social Trading Platform Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Social Trading Platform Market value chain can benefit from the information contained in a comprehensive market report.