Global Electronic E Brokerages Market Research 2024, Forecast To 2033
8 Oct, 2024
The electronic (E) brokerages market size has seen considerable growth in recent years, with projections indicating an increase from $10.86 billion in 2023 to $12.01 billion in 2024, at a compound annual growth rate (CAGR) of 10.5%. This growth in the historic period can be attributed to lower transaction costs, increased internet penetration, financial crises, market volatility, regulatory changes, and a rise in financial literacy. Looking forward, the electronic (E) brokerages market is expected to grow to $18.02 billion in 2028, with a CAGR of 10.7%. Factors contributing to this growth in the forecast period include global economic trends, regulatory support, the focus on sustainability and ESG investing, demographic shifts, and an increasing demand for alternative investments. Key trends expected during this period include enhanced security measures, improved user experiences, the rise of robo-advisory services, innovations in fintech, and the integration of AI technologies.
Global Electronic E Brokerages Market Key Driver
The rise of Millennial and Gen Z investors is expected to drive the growth of the electronic (E) brokerage market as these tech-savvy generations actively participate in investment activities. Millennials, born between 1981 and 1996, and Gen Z, born between the late 1990s and early 2010s, are attracted to investing due to easy access to financial information, low-cost platforms, and an interest in socially responsible investments. Social media influence, financial independence goals, and engaging investment tools also contribute to their involvement. E-brokerages provide accessible, user-friendly platforms for trading and investing with lower fees and more transparency. For example, as of May 2024, Broadridge Financial Solutions reported that asset ownership in equities increased significantly among younger investors, with Gen Z participation growing from 0.2% to 0.4%, and Millennials' ownership rising from 2% to 6%. Therefore, the increasing involvement of Millennial and Gen Z investors is expected to further propel the electronic brokerage market.
Get A Free Sample Of The Electronic E Brokerages Market ReportGlobal Electronic E Brokerages Market Segments
The electronic (E) brokerages market covered in this report is segmented –
1) By Service Provider: Full Time Broker, Discounted Broker
2) By Ownership: Privately Held, Publicly Held
3) By End User: Retail Investor, Institutional Investor
By Geography:The regions covered in the electronic (E) brokerages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the electronic (E) brokerages market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Electronic E Brokerages Industry Players
Fidelity Investments Inc., The Charles Schwab Corporation, Ally Invest Securities LLC, TD Ameritrade Inc., Interactive Brokers LLC, E*TRADE Financial Holdings LLC, Robinhood Markets Inc., IG Group Holdings plc, Plus500 Ltd, Saxo Bank A/S, eToro Group Ltd, TradeStation Group Inc., Questrade Inc., Pepperstone Group Limited, Xtrade Europe Ltd, Webull Financial LLC, NinjaTrader LLC, DEGIRO B.V., Stocktrade, eOption, Arab National Bank, tastyworks Inc., Firstrade Securities Inc., Nippon Life India Asset Management Limited
Purchase The Global Electronic E Brokerages Market Report Directly And Get A Swift DeliveryElectronic E Brokerages Market Overview
Electronic (E) brokerages refer to online brokerage firms that provide a platform for individuals to buy and sell securities, such as stocks, bonds, and mutual funds, over the internet. These platforms typically offer various tools and resources, including real-time market data, research reports, and trading tools, to help investors make informed decisions.
Electronic E Brokerages Global Market Report 2023 provides data on the global electronic e brokerages market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The electronic e brokerages market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.