Growing use of smartphones and the internet and spike in demand for the customized electronic trading platform from end users such as government and non-profitable banks drive the growth of the global online trading platform market. In terms of type, the transaction fees segment is projected to register the fastest CAGR during the forecast period. Region wise, North America is estimated to dominate the market in terms of revenue through 2031.
Portland, OR , July 04, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global online trading platform market generated $8.9 billion in 2021, and is projected to reach $18.4 billion by 2031, witnessing a CAGR of 7.8% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
Increase in use of smartphones and the internet globally and increase in demand for the customized electronic trading platform from government and non-profitable banks drive the growth of the global online trading platform market. Moreover, technological advancements and integration of trading platforms on smartphones, focus on business expansion by market players and rise in demand for cloud-based solutions are expected to offer potential opportunities for the market during the forecast period.
Download Report Sample (233 Pages PDF with Insights) at:
The outbreak of the COVID-19 pandemic had less negative impact on the growth of the online trading platform industry as the adoption of online trading solutions increased significantly.
Increase in adoption of online trading platforms during the pandemic was due to surge in artificial intelligence in form of robo-advisory, increase in sales of smartphones and work-from-home policies.
Get detailed COVID-19 impact analysis on the online trading platform market:
The report offers detailed segmentation of the global online trading platform market based on component, type, deployment mode, application and region.
Based on component, the platform segment held more than two-thirds of the global market in 2021 and is expected to continue its leadership status during the forecast period. However, the services segment is estimated to register the highest CAGR of 9.6% from 2022 to 2031.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/16917
Based on type, the commissions segment was the largest in 2021, holding nearly three-fourths of the total market, and is expected to continue its leadership during the forecast period. However, the transaction fees segment is projected to register the highest CAGR of 8.5% from 2022 to 2031.
Region wise, North America contributed to the highest share in 2021, holding nearly two-fifths of the global market, and is estimated to rule the roost through 2031. However, the Asia-Pacific region is projected to exhibit the fastest CAGR of 9.5% during the forecast period.
Leading players of the global online trading platform industry analyzed in the research include TD Ameritrade, Interactive Brokers, E-Trade, Profile Software, Chetu, Inc., Empirica, Pragmatic Coders, EffectiveSoft Ltd., Charles Schwab Corporation, and Devexperts.
Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:
Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Avenue Library Subscription | Request for 14 days free trial of before buying:
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 domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
CONTACT: Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 email@example.com Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter