KSA Robo-Advisory in Wealth Management Market Outlook to 2026F
Driven by influx of AI technology along with growing demand for financial inclusion and affordability in financial planning
About the Report
About the Report
The report provides a comprehensive analysis of the potential of Robo advisory industry in Saudi Arabia. The report covers an overview and genesis of the industry, market size in terms of fleet Size.
Its market segmentations include by Type, by End-User, by Age-Group, by Region; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
According to Ken Research estimates, the KSA Robo Advisory Market expanded at a CAGR of 607% in between 2019 and 2022 on the basis of revenue generated. The market faced rapid growth in the year of 2020 owing to Covid and reflected high growth in 2022 too but the growth is expected to normalize in the coming years. KSA Robo Advisory Market is estimated to grow at a positive CAGR of 52% in between 2022E and 2026F.
- Banks are expected to take the leadin robo-advisory industry, banks would do well due to cost-effectiveness, trust, ease of movement of money, captive base & larger credibility to give their customer an easy, simple and much better experience.
- Competition is fierce among KSA-based Wealth Management firms, they face multiple challenges. For instance, clients are more interested in sustainable & ethical investments. Also, Wealth Managers must be more transparent in disclosing fee structure for various investment products.
Key Trends by Market Segment:
By Type: The Robo Advisory market is dominated by hybrid robo advisors.A major selling point for most hybrid Robo-Advisors are their low fees. Fina Maze, for example, charges an annual fee on investments made through the platform, but not on the cash balance. This does not exceed 1% per cent per year. However, CBD Investr, a Pure Robo Advisory charge more than 1% as management fees.
By End-User: In Middle-East part of the world, High Net Worth Individuals prefer personal advisory so most of their wealth is managed by wealth advisors and they just experiment small amount of their wealth with Robo-advisory platforms.
The KSA Robo Advisory Market witnessed significant growth during the period 2019-2021, owing to With Digital Transformation, Emergence of New Players and some Government Initiatives.
Growth rate of robo advisory market is going to increase over the period as it’s a low-cost alternative to traditional investing, eliminates the human labor, lower overheads with little-to-no minimum investments required and increasing market penetration rates.
Scope Of The Report
Scope of the Report
By End User
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Government and Institutions
- New Market Entrants
- Wealth Management Companies
- Robo-Advisory Companies
- Investment Banks
Time Period Captured in the Report
- Historical Period: 2019-2021
- Base Period: 2022
- Forecast Period: 2022-2026F
Major Players Mentioned in the Report
- Abyan Capital
- Derayah Capital
- Tamra Capital
Table of Contents
Table of Contents
1. Executive Summary
1.1 Executive Summary
2. Country Overview - Kuwait
3. KSA Robo Advisory Market Overview
3.1. Overview for Vehicle Leasing Industry in Kuwait
3.2. Snapshot of Short-Term Rental Market in Kuwait
3.3. Ecosystem for KSA Robo Advisory Market
3.4. Business Cycle and Genesis of KSA Robo Advisory Market
3.5. Value Chain Analysis for KSA Robo Advisory Market
3.6. Buying vs Renting vs Leasing in Kuwait
4. Market Size of KSA Robo Advisory Industry
4.1. Market size for KSA Robo Advisory Industry on the basis of Value and Number of Fleet, 2016-2021
5. KSA Robo Advisory Industry Segmentation, 2021
5.1. By Business line (Leasing, Spot Rental and Limousine Services) and By Type of Vehicle (Sedan/ Small Cars, Luxury, SUV/ MUV, Pickup Truck)
5.2. By Duration (One Year, Two Years, Three Years, Four Years and Above) and By Type of Vendor (Vehicle Dealer and Vehicle Leaser)
6. Industry Analysis
6.1. Porter’s Five Forces Analysis of KSA Robo Advisory Market
6.2. Growth Enablers in KSA Robo Advisory Market
6.3. Trends and Developments in KSA Robo Advisory Market
6.4. Issues and Challenges in KSA Robo Advisory Market
6.5. Government Regulations and Initiatives
6.6. Lease Financing by Banks in Kuwait
7. End-User Analysis in KSA Robo Advisory Industry, 2021
7.1. Cross Comparison between different End Users
7.2. End User Analysis- Oil & Gas
7.3. End User Analysis- Construction
7.4. End User Analysis- Logistics and Transportation
7.5. End User Analysis- Government/ Ministries and Military
7.6. Decision Making Parameters to Shortlist Car Leasing Company
8. Competitive Landscape in KSA Robo Advisory Industry
8.1. Competition Scenario in Vehicle Leasing Market in Kuwait, 2021
8.2. Marketing Strategies by some Vehicle Leasing Companies
8.3. Cross Comparison between Major Vehicle Leasing Companies
9. Future Outlook and Projections of the KSA Robo Advisory Industry, 2021-2026F
9.1. Future Market size for KSA Robo Advisory Market on the basis of Value and Number of Fleet, 2021-2026F.
9.2. Future Market Segmentation by Business Line (Leasing, Spot Rental and Limousine Services), By Type of Vehicle (Sedan/ Small Cars, Luxury, SUV/ MUV, Pickup Truck) and By Type of Vendor (Vehicle Dealer and Vehicle Leaser), 2021-2026F
9.3. Future Market Segmentation by Duration (One Year, Two Years, Three Years, Four Years and Above) and By Type of End Users (Oil and Gas, Construction, Individuals, Government, Logistics, Others), 2021-2026F
10. Analyst Recommendations
11. Industry Speaks
12. Research Methodology
12.1 Market Definitions
12.3 Market Sizing Approach
12.4 Consolidated Research Approach
12.5 Understanding Market Potential Through In-Depth Industry Interviews
12.6 Primary Research Approach
12.7 Limitations and future Conclusion
14. Contact US
Frequently Asked Questions
Frequently Asked Questions
What is the Study Period of this Market Report?
The KSA Robo Advisory Market is covered from 2019–2026F in this report, including a forecast for 2022F-2026F.
What is the Future Growth Rate of the KSA Robo Advisory Market?
The KSA Robo Advisory Market is expected to witness a CAGR of ~52% over the next five years.
What are the Key Factors Driving the KSA Robo Advisory Market?
Increasing Digitalization, requirement of minimal investment, change in investor preference are likely to fuel the growth in the KSA Robo Advisory market.
Which is the largest region for the KSA Robo Advisory Market?
Riyadh as the largest region for KSA Robo Advisory Market in 2021.
Who are the Key Players in the KSA Robo Advisory Market?
Abyan Capital, Derayah Capital, Tamra Capital and Haseed are the major player in KSA Robo Advisory market.
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