As per Statista Digital Market Outlook, the million users forecasted for Robo-advisors across the World are 97,4, 123,54 and 147,02 respectively in 2021, 2022 and 2023 whereas in Europe it is 2,891.3, 3,506.2 and 4,005.10 million users respectively in 2021, 2022 and 2023.

The million users forecasting clearly shows that in Europe, it is quite demanding as compare to the US or any of the Asian countries.