A lead analyst at AMR highlighted the market across North America region is expected to dominate in terms of revenues throughout the forecast period.
Allied Market Research published a research report on the algorithmic trading market. The findings of the report states that the global market for algorithmic trading is expected to reach $31.49 billion by 2028, manifesting a CAGR of 12.7% from 2021 to 2028. The report provides valuable data on changing market dynamics, key segments, top investment pockets, and competitive scenario for market players, new entrants, investors, and shareholders.
“Asia-Pacific is expected to witness highest growth rate during the forecast period, due to heavy investments by public and private sectors to enhance their trading technologies fueling the demand for algorithmic trading solutions to automate trading process. In addition, the rapid expansion of global algorithmic trading market players creates lucrative growth opportunities for the market growth. For instance, in March 2021, Quantitative Brokers, the U.S. trading algorithm provider announced to extend its services to Japan, following a similar move in Singapore in previous year.” Rachita Rake, Research Analyst, ICT at Allied Market Research.
The report provides detailed information based on the key determinants of the market to assist market players in devising growth strategies. Rise in demand for rapid, reliable, and effective order execution, supportive government regulations, and demand to decrease the costs of transaction propel the growth of the global algorithmic trading market. On the other hand, dearth of appropriate risk valuation capabilities hampers the market growth. Moreover, emergence of AI and various algorithms in financial services and surge in demand for cloud-based solutions present new opportunities in the approaching years.
The report offers a in-depth scenario of impact of the Covid-19 pandemic on the algorithmic trading market globally. This helps the investors, market players, and new entrants to strategize according to impacts by the outbreak of the pandemic. Traders have been inclined to opt for algorithmic trading for reducing human errors and taking fast decisions during the times of uncertainty that arrived due to the Covid-19 pandemic. In addition, rise in popularity of high-frequency traders (HFT) has been experienced during the pandemic, which led to the growth of the algorithmic trading market.
The report offers detailed segmentation of the global algorithmic trading market on the basis of component, type, deployment mode, type of traders, and region. These insights are helpful for the new entrants as well as current market players to capitalize on the fastest growing and highest revenue generating segment to accomplish growth in the coming years.
Based on component, the solution segment accounted for the maximum market share in 2020, accounting for nearly two-thirds of the total market share, and is expected to maintain its lead during the forecast period. In addition, the services segment is estimated to exhibit the highest CAGR of 13.8% from 2021 to 2028.
Based on type, the stock markets segment contributed to the largest market share, holding more than one-fourth of the global algorithmic trading market in 2020, and is expected to maintain its leadership status during the forecast period. However, the cryptocurrencies segment is estimated to cite the largest CAGR of 16.9% from 2021 to 2028.
Based on region, North America held the maximum market share in 2020, holding more than two-fifths of the total market, and is anticipated to continue its dominance by 2028. On the other hand, Asia-Pacific is expected to manifest the fastest CAGR of 15.3% during the forecast period. The market is also studied across LAMEA and Europe region.
Leading players of the global algorithmic trading market analyzed in the research include 63MOONS, Symphony Fintech Solutions Pvt Ltd. Argo SE, Virtu Financial, Software AG, Refinitiv Ltd. MetaQuotes Software Corp. Tata Consultancy Services, Algo Trader AG, and Tethys.
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
A lead analyst at AMR highlighted the market across North America region is expected to dominate in terms of revenues throughout the forecast period.
Allied Market Research published a research report on the algorithmic trading market. The findings of the report states that the global market for algorithmic trading is expected to reach $31.49 billion by 2028, manifesting a CAGR of 12.7% from 2021 to 2028. The report provides valuable data on changing market dynamics, key segments, top investment pockets, and competitive scenario for market players, new entrants, investors, and shareholders.
“Asia-Pacific is expected to witness highest growth rate during the forecast period, due to heavy investments by public and private sectors to enhance their trading technologies fueling the demand for algorithmic trading solutions to automate trading process. In addition, the rapid expansion of global algorithmic trading market players creates lucrative growth opportunities for the market growth. For instance, in March 2021, Quantitative Brokers, the U.S. trading algorithm provider announced to extend its services to Japan, following a similar move in Singapore in previous year.” Rachita Rake, Research Analyst, ICT at Allied Market Research.
The report provides detailed information based on the key determinants of the market to assist market players in devising growth strategies. Rise in demand for rapid, reliable, and effective order execution, supportive government regulations, and demand to decrease the costs of transaction propel the growth of the global algorithmic trading market. On the other hand, dearth of appropriate risk valuation capabilities hampers the market growth. Moreover, emergence of AI and various algorithms in financial services and surge in demand for cloud-based solutions present new opportunities in the approaching years.
The report offers a in-depth scenario of impact of the Covid-19 pandemic on the algorithmic trading market globally. This helps the investors, market players, and new entrants to strategize according to impacts by the outbreak of the pandemic. Traders have been inclined to opt for algorithmic trading for reducing human errors and taking fast decisions during the times of uncertainty that arrived due to the Covid-19 pandemic. In addition, rise in popularity of high-frequency traders (HFT) has been experienced during the pandemic, which led to the growth of the algorithmic trading market.
The report offers detailed segmentation of the global algorithmic trading market on the basis of component, type, deployment mode, type of traders, and region. These insights are helpful for the new entrants as well as current market players to capitalize on the fastest growing and highest revenue generating segment to accomplish growth in the coming years.
Based on component, the solution segment accounted for the maximum market share in 2020, accounting for nearly two-thirds of the total market share, and is expected to maintain its lead during the forecast period. In addition, the services segment is estimated to exhibit the highest CAGR of 13.8% from 2021 to 2028.
Based on type, the stock markets segment contributed to the largest market share, holding more than one-fourth of the global algorithmic trading market in 2020, and is expected to maintain its leadership status during the forecast period. However, the cryptocurrencies segment is estimated to cite the largest CAGR of 16.9% from 2021 to 2028.
Based on region, North America held the maximum market share in 2020, holding more than two-fifths of the total market, and is anticipated to continue its dominance by 2028. On the other hand, Asia-Pacific is expected to manifest the fastest CAGR of 15.3% during the forecast period. The market is also studied across LAMEA and Europe region.
Leading players of the global algorithmic trading market analyzed in the research include 63MOONS, Symphony Fintech Solutions Pvt Ltd. Argo SE, Virtu Financial, Software AG, Refinitiv Ltd. MetaQuotes Software Corp. Tata Consultancy Services, Algo Trader AG, and Tethys.
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.