(8.06) Robo-advisor By 2020, consumers will have more than $2 trillion sitting in robo-advisor accounts - half of which it estimates will come from funds currently sitting in deposit accounts. Consulting firm AT Kearney estimates that by 2020, consumers will have more than $2 trillion sitting in robo-advisor accounts. Robo-advisor platform revenues will reach US$25 billion by 2022. The interventional cardiology and peripheral vascular devices market in Asia Pacific region is expected to witness substantial growth due to developing economies and rising initiatives for betterment of health and rising health consciousness. By the end of 2017, $160 billion of assets will be invested in digital advice platforms, up from $65 billion a year ago. There are a variety of ways that the technology underpinning Alexa will likely spread throughout wealth management. Increasing government policies on the use of diagnostic products for the betterment of animal health are further expected to boost the growth of the global veterinary immunodiagnostics market. Over next 10 years, over $36 trillion dollars is going to be transferred from the baby boomer generation to millennials. AP capital Amaravati will be developed as a smart city but with the help of the UK government. The total amount of assets managed in the U.S. by robo-advisers will see annual growth of 68 percent over five years. Robo-advisers will be mainstream within three to five years and that approximately $2 trillion will be managed under robo-advisers by 2020. There will be more digital wallets opened in 2017, than any other adaptation of a Fintech service (payment service, digital bank account, robo-advisor etc). Industry giants like Vanguard and Charles Schwab, along with FinTech startups like Betterment and Wealthfront, are currently on top of the robo-advising market in the US that is projected to control over $2 trillion in assets by the year 2020. Africa will continue to see a trend in which young people use what they have at their disposal for the betterment of their lives and their communities. The slowdown of capital to robo-advisors seems to be driven by the realization (finally) of VC funds that a robo-advisor without an innovative solution to the client acquistion cost challenge will be dead on arrival. FinTech and automation will be responsible for a 30% decline in US and European banking jobs over the next decade. The future will see analytic mash-ups across a proliferation of government sensors and privately collected sensor data that will be used for better, real-time decision making at the point of need. Robo-advisors like Wealthfront and Betterment will lose customers if the stock market drops. A smart Physical layer management (PLM) will help network managers to maintain uptime, security, and create efficiency in their data center networks and provides circuit mapping. Banks will begin to leverage their own version of the robo-advisor phenomina currently taking place in the investment advisory industry. Artificial intelligence (AI) applications and robotic devices will have displaced more jobs than they have created by 2025. See full forecast Last updated: 22 October 2019 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
