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The online trading platform market is influenced by factors such as increase in use of smartphones and internet access throughout the globe. Increase in demand for customized trading platforms from end users, such as government and non-profitable banks, is anticipated to drive demand for these solutions<br>
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The global online trading platform market was valued at $8.9 billion in 2021, and is projected to reach $18.4 billion by 2031, growing at a CAGR of 7.8% from 2022 to 2031. Download Sample PDF The online trading platform market is influenced by factors such as increase in use of smartphones and internet access throughout the globe. Increase in demand for customized trading platforms from end users, such as government and non-profitable banks, is anticipated to drive demand for these solutions Technological advancements and integration of trading platforms on smartphones are few major factors expected to create various market opportunities for key players. In addition, companies in the market are focused on expanding their business units globally
Impact of Covid-19 The current estimation of 2031 is projected to be higher than pre-COVID-19 estimates. The COVID-19 outbreak has low impact on growth of the online trading platform industry as the adoption of online trading solutions has increased in unprecedented circumstances. 1 During the pandemic, the World Trade Organization (WTO) predicts a decline in foreign trade of between 13% and 32%. COVID-19 pandemic, the penetration of Electronic Trading Platform is expected to increase significantly as they offer several advantages such as they are simple to use, less expensive, and chances of error are less. 2
Top impacting factors Complex Event Processing (CEP) Surge in Robo-Advisory Need for market surveillance effectively mitigating risks
Segmentation By Region North America U.S., Canada Europe U.K., Germany, France, Spain, Italy, Rest of Europe China, Japan, South Korea, India, Australia, Rest of Asia-Pacific Asia-Pacific LAMEA Latin America, Middle East, Africa
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