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Portland, OR, Sept. 29, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global automated algo trading market generated $13.5 billion in 2021, and is projected to reach $35 billion by 2031, growing at a CAGR of 10.1% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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https://www.alliedmarketresearch.com/request-sample/19888
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $13.5 billion |
| Market Size in 2031 | $35 billion |
| CAGR | 10.1% |
| No. of Pages in Report | 398 |
| Segments Covered | Component, Deployment Mode, Enterprise Size, Application, Trading Type, and Region. |
| Drivers | Rise in demand for reliable, fast, and effective order execution. |
| Implementing strict laws by government for regulating trading activities and need for market surveillance. | |
| Surge in need for minimizing transaction costs. | |
| Opportunities | Evolution of AI algorithms in financial services. |
| Surge in demand for cloud-based solutions. | |
| Restrains | Insufficient risk valuation abilities. |
COVID-19 Scenario:
- The outbreak of COVID-19 had low impact on the growth of the global automated algo trading market, owing to acceptance of algorithmic trading solutions.
- Rise in shift towards algorithmic trading activities for taking quick decisions and minimize human errors during the pandemic contributed majorly towards the global market size during the COVID-19 pandemic.
Read on GNW: Global Automated Algo Trading Market to Reach $35 Billion
