This report segments the smart advisor market by type (software and services) and geography (North America, APAC, Europe, South America, and Middle East and Africa)

NEW YORK, Oct. 11, 2022 /PRNewswire/ — The smart advisor market has been categorized as a part of the global application software market within the global IT software market. The global application software market covers companies that are engaged in developing and producing software designed for specialized applications for the business or consumer market.

The smart advisor market size is expected to increase by USD 6.91 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 22% during the forecast period, according to Technavio.

Get a comprehensive report summary that describes the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Smart Advisor Market: Major Segmentation

By type, the software segment will be the largest contributor to market growth during the forecast period. The growth of this segment is driven by factors such as the growing use of technology in the healthcare sector to offer virtual doctors.

Based on the geography. North America is expected to dominate the market, accounting for 36% of the market’s growth during the forecast period. This growth is attributed to factors such as the increasing adoption of smart advisors in end-user industries such as banking and retail and the increasing adoption of technologies such as artificial intelligence and machine learning.

Smart Advisor Market: Major Growth Drivers

The rising number of high-net-worth individuals (HNWIs) across the world is driving the growth of the market. The wealth of affluent people in emerging economies has increased over time. Individuals with high levels of investment and wealth portfolios require experienced and services to allocate their finances. Hence, they rely on smart advisors who are experts in their fields for managing their portfolios, estate planning, asset protection, and tax management. Thus, the demand for financial services will increase with the rise in the number of HNWIs.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Smart Advisor Market: Key Vendor Offerings

• Artificial Solutions International AB – The company offers smart advisor services such as Teneo platform.
• Broadridge Financial Solutions Inc. – The company offers smart advisor services such as Smart Advisor Desktop Communication Platform.
• Cisco Systems Inc. – The company offers smart advisor services such as DesignXpert.
• CodeBaby LLC – The company offers smart advisor services such as Avatars that work with contextual awareness, integrated technology, and memory.
• Creative Virtual Ltd. – The company offers smart advisor services such as Conversational AI.

Smart Advisor Market: Reasons to Buy Our Report

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist smart advisor market growth during the next five years
• Estimation of the smart advisor market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the smart advisor market across North America, APAC, Europe, South America, and the Middle East and Africa
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of smart advisor market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type – Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type – Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Software – Market size and forecast 2021-2026
• Exhibit 28: Chart on Software – Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Software – Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Software – Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Software – Year-over-year growth 2021-2026 (%)

• 5.4 Services – Market size and forecast 2021-2026
• Exhibit 32: Chart on Services – Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Services – Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Services – Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Services – Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type 
• Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America – Market size and forecast 2021-2026
• Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.4 APAC – Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)

• 7.5 Europe – Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.6 South America – Market size and forecast 2021-2026
• Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa – Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

• 7.8 US – Market size and forecast 2021-2026
• Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.9 China – Market size and forecast 2021-2026
• Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.10 UK – Market size and forecast 2021-2026
• Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)

• 7.11 Canada – Market size and forecast 2021-2026
• Exhibit 74: Chart on Canada – Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Canada – Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Canada – Year-over-year growth 2021-2026 (%)

• 7.12 Germany – Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Artificial Solutions International AB 
• Exhibit 89: Artificial Solutions International AB – Overview
• Exhibit 90: Artificial Solutions International AB – Product / Service
• Exhibit 91: Artificial Solutions International AB – Key offerings

• 10.4 Broadridge Financial Solutions Inc. 
• Exhibit 92: Broadridge Financial Solutions Inc. – Overview
• Exhibit 93: Broadridge Financial Solutions Inc. – Business segments
• Exhibit 94: Broadridge Financial Solutions Inc. – Key offerings
• Exhibit 95: Broadridge Financial Solutions Inc. – Segment focus

• 10.5 Cisco Systems Inc. 
• Exhibit 96: Cisco Systems Inc. – Overview
• Exhibit 97: Cisco Systems Inc. – Business segments
• Exhibit 98: Cisco Systems Inc. – Key news
• Exhibit 99: Cisco Systems Inc. – Key offerings
• Exhibit 100: Cisco Systems Inc. – Segment focus

• 10.6 CodeBaby LLC 
• Exhibit 101: CodeBaby LLC – Overview
• Exhibit 102: CodeBaby LLC – Product / Service
• Exhibit 103: CodeBaby LLC – Key offerings

• 10.7 Creative Virtual Ltd. 
• Exhibit 104: Creative Virtual Ltd. – Overview
• Exhibit 105: Creative Virtual Ltd. – Product / Service
• Exhibit 106: Creative Virtual Ltd. – Key offerings

• 10.8 eGain Corp. 
• Exhibit 107: eGain Corp. – Overview
• Exhibit 108: eGain Corp. – Product / Service
• Exhibit 109: eGain Corp. – Key news
• Exhibit 110: eGain Corp. – Key offerings

• 10.9 International Business Machines Corp. 
• Exhibit 111: International Business Machines Corp. – Overview
• Exhibit 112: International Business Machines Corp. – Business segments
• Exhibit 113: International Business Machines Corp. – Key offerings
• Exhibit 114: International Business Machines Corp. – Segment focus

• 10.10 Microsoft Corp 
• Exhibit 115: Microsoft Corp – Overview
• Exhibit 116: Microsoft Corp – Business segments
• Exhibit 117: Microsoft Corp – Key news
• Exhibit 118: Microsoft Corp – Key offerings
• Exhibit 119: Microsoft Corp – Segment focus

• 10.11 Oracle Corp. 
• Exhibit 120: Oracle Corp. – Overview
• Exhibit 121: Oracle Corp. – Business segments
• Exhibit 122: Oracle Corp. – Key news
• Exhibit 123: Oracle Corp. – Key offerings
• Exhibit 124: Oracle Corp. – Segment focus

• 10.12 Verint Systems Inc 
• Exhibit 125: Verint Systems Inc – Overview
• Exhibit 126: Verint Systems Inc – Product / Service
• Exhibit 127: Verint Systems Inc – Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 128: Inclusions checklist
• Exhibit 129: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 130: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 131: Research methodology
• Exhibit 132: Validation techniques employed for market sizing
• Exhibit 133: Information sources

• 11.5 List of abbreviations 
• Exhibit 134: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
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SOURCE Technavio