As per a survey conducted by Statista Digital Market Outlook, the forecasted worldwide allotment of assets for Robo advisor are $19,25,270.65, $23,05,774, and $26,36,954 respectively in 2021, 2022, and 2023. The forecasted allotment of assets across Europe are $75,101.16, $100865.97, and $126370.61 respectively in 2021, 2022, and 2023.
The assets are the forecasted value in a million dollars to be allocated in Robo-advisors development but how far will it be reciprocated and will the value be returned in good amount or not is something that needs to verify in the future?
Source:- Statista