Social Trading Market 2021-2027
発行: Orion Market Research Pvt Ltd
Full-title:Global Social trading Market Size, Share & Trends Analysis Report by Type (Single Trade, Copy Trade, Mirror Trade), by End-User (Individual, Enterprise) Forecast Period 2021-2027.
The global social trading market is anticipated to grow considerably at a CAGR of 15.6% during the forecast period (2021-2027). The cohesive government policies, improving performance of social trading platform, and growing interest of individuals in social trading are some of the key factors driving the growth of the global social trading market. However, the risk associated with the negative performance of these platforms may restrain the growth of the social trading market across the globe.
The report on global social trading market covers segments including type, and end-user. Based on type, the market is segmented into single trade, copy trade, and mirror trade. Based on type, copy trade held considerable market share in 2020. The ability of copy trade to follow and duplicate successful and profitable traders that have proven track records and battle-tested trading strategies, is a key advantage of copy trade which is promoting higher adoption of this trading type. Based on end-user, the market is segmented into individual, and enterprise.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe held major share in social trading market 2020. Europe enjoys the first mover advantage in the field of social trading hence, made major contribution to the high share of the regional market. However, Asia-Pacific is anticipated to exhibit considerable growth in social trading market. The market growth is attributed to the growing digitalization and rising inclination of investors towards this platform for the online trading purpose. The increasing penetration of cryptocurrencyand rising confidence of individuals in the online trading platforms are other promoters of regional market growth.
The key players that are contributing significantly to the growth of the global social trading market include eToro AUS Capital Pty Ltd., Eva Trade Ltd., Instant Trading Ltd. (BVI), iSYSTEM AG, MetaQuotes Ltd. (MQL5 Trading Signals), PrimeXBT Trading Services LLC, and Zulu Trade,among others. These players are adopting different growth strategies such as investment in technological advancement, mergers and acquisition, partnership, and collaboration, among others to expand their footprints in the global marketplace.
The market study of the global social trading market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.