Wealth Management Software Market Analysis: Forecast to 2030
The global market for wealth management software is on the rise, with projections showing that it may reach $12.07 billion by 2030, growing at a rate of 14% from 2025 to 2030. This growth is primarily driven by the increasing demand for financial advisors to better understand their clients’ needs and streamline financial management.
Wealth management software has evolved to cover a wide range of areas, from accounting and investment management to estate planning and retirement planning. This broad scope is expected to contribute to the market’s expansion. Notably, advancements in technology and the adoption of AI and machine learning tools are intensifying competition between traditional and non-traditional firms.
Many wealth management firms worldwide are leveraging AI-based applications to provide personalized solutions to clients. Predictive analytics tools based on AI and ML are being used to analyze vast amounts of investment data and forecast future trends. The rise in High-Net-Worth Individuals (HNWIs) globally is also expected to drive product adoption, as these individuals require a variety of services, including investment management, tax advice, and portfolio management.
The robo advisory segment is anticipated to experience significant growth due to its ability to automate portfolio creation based on client preferences and provide cost-effective alternatives to human advisory services. Cloud-based solutions are also gaining traction, offering benefits such as flexible payment options, reduced operational costs, and system scalability.
In terms of market highlights, the human advisory mode segment accounted for the largest revenue share in 2024, reflecting HNWIs’ preference for personalized and secure services. The portfolio, accounting, & trading management segment dominated the market in 2024, enabling trading managers to focus on customer service and collaborative activities.
Overall, North America currently holds the largest share of the wealth management software market, while the Asia Pacific region is expected to see significant growth during the forecast period. As the market continues to evolve, it’s crucial for businesses to stay informed about industry trends to make strategic decisions and uncover new revenue opportunities.
