According to Statista, the value of assets under management in India in the Robo Advisors segment amounted to just $7 million in 2017. That results in a per capita investment of $406.73 this year. That’s a drop in the bucket compared to the assets under management that are expected in the Robo Advisors category in India between 2017 and 2021, with a compound annual growth rate of 97.4%. Experts readily agree that the total value of assets under management with Robo Advisors in India will be worth approximately $100 million by 2021. Additionally, some 200,000 traders and investors are expected to be using Robo Advisors by that time. Compared to the USA, where Robo Advisors are adopted across the board, the total value of assets under management is some $182.505 billion.
Why Are Robo Advisors So Popular in Canada, the US and Europe?
