Micro-Investing Platform Market Size, Share, Trends, Industry Analysis: Research Methodology from 2022 to 2032

The global micro-investing platform market revenue totaled US$ 392.1 Million in 2021. The micro-investing platform market is expected to reach US$ 3,187.2 Million by 2032, growing at a CAGR of 21.1% from 2022 - 2032.

The micro-investing platform market demand is estimated to grow at 21.1% CAGR between 2022 and 2032 as compared to 19.0% CAGR during the historic period of 2017-2021 as increasing awareness about micro-investing to invest a small amount of money and with the rise in popularity of micro-investment across the globe, more apps and platforms have developed, providing consumers with a variety of choices for investing their money is helps to drive the micro-investing platform market during the forecast period.

Increasing Demand for the Micro-Investing Platform:

Micro-investment applications are helping the young generation and Generation X investors in investing a minimum amount of money in markets. These applications not only remove conventional barriers to investing, but also provide a variety of investment options, such as stocks, ETFs, and index funds. It allows investors to build a diversified portfolio with little investment, and creating an investment portfolio is simple and straightforward. Due to such features, the demand for micro-investing platforms is increasing continuously.

Request a Sample Copy of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-15718

Regional Analysis

The micro-investing platform market in the South Asia Pacific is expected to grow at the fastest rate. During the forecast period, the region is expected to grow by 22.5% CAGR, with the increasing need for a small amount of investment and users of micro-investing platforms in developing countries like India, Thailand, and Indonesia and developed countries like Australia are offering new opportunities for micro-investing platform market.

Country-wise Insights:

Why adoption of the Micro-Investing Platform Market increasing in India?

The Micro-Investing Platform Market demand in India accounted for nearly 7.2% of the global market share in 2021, as the increasing awareness about micro-investment through advertisements, social media, YouTube, and other platforms, also, the number of smartphone users in India is helping to boost the micro-investment platform market. as per the Consumer Spending Outlook 2022 report, nearly 40% of the people in the country are likely to invest in mutual funds and equities through micro-investing platforms, and 81 lakh investor accounts have been added in the country in 2020-21.

This indicates a change in people's willingness to invest. This desire is one of the major factors driving the micro-investing platform market in India. Also, as per FMI analysts, with a majority of India's youth doing digital transactions, they can make significant investments via round-up investing in one day alone from small expenses.

Category-wise Insights:

Why the demand is increasing for Mobile-Based Micro-Investing platforms?

During the forecast period, the mobile-based micro-investment platform is expected to account market share of 37.3% in 2022 in the Micro-Investing Platform Market. Mobile-based micro-investing platforms are majorly by individual users and it's offered new opportunities for the mobile-based micro-investing platform. The reason behind the high use of mobile-based micro-investing platforms is that the platforms are easy to use and it helps to track the user's spending, and portfolio, manage their investments, and the amount is taken from the account to be invested in the user's selected source and it shares the time to time notification with users. For using the application, it takes annual, quarterly, or monthly subscription fees as per the user's choice. Moreover, with the help of mobile-based applications, users can contact with service center easily through chat or through call.

Comments

Popular posts from this blog

Inventory Management Software Market Insights, Deep Analysis of Key Companies in the Industry 2022 to 2028

Embedded Banking Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts 2022 to 2032

Sports Betting Market Competitive Growth Strategies Based on Type, Applications, End User and Region