What is Brokerage Services Market?
Brokers are one of the first financial institutions to use the internet and put their services online. This is a natural evolution as trading ideally requires real-time information and action. The technology-enabled the introduction of computerized quantitative analysis with increasing digitization. Having access to the fastest information became critical. Brokerage services can play an important role in a well-designed wealth management plan. Some investment firms offer brokerage services to their clients by executing buy or sell orders for mainly institutional investors. Full-service brokerage firms offer information and personal advice and carry out assignments. Discount brokerage firms only execute orders on request and do not offer any advisory services. Brokerage services generate income for investment firms through management fees, trading commissions, and margin interest. Management fees are collected through the administration of the client company's securities portfolio. Trading commissions are fees that are charged for the execution of securities transactions. Margin interest is interest charged to investors who buy securities on margin.
Highlights from Brokerage Services Market Study
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | State Street Global Advisors (United States), Allianz SE (Germany), BNY Mellon (United States), Charles Schwab Corporation (United States), Amundi (France), Fidelity Investments (United States), JPMorgan Chase (United States), The Vanguard Group (United States), Marsh & McLennan Companies (United States) and BlackRock (United States) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Brokerage Services market throughout the forecasted period.
State Street Global Advisors (United States), Allianz SE (Germany), BNY Mellon (United States), Charles Schwab Corporation (United States), Amundi (France), Fidelity Investments (United States), JPMorgan Chase (United States), The Vanguard Group (United States), Marsh & McLennan Companies (United States) and BlackRock (United States) are some of the key players profiled in the study. Brokerage Services Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Business and Individuals |
Type | Full-Service Brokerage and Discount Brokerage |
Organization Size | Small and Medium Enterprises (SMEs),Large Organization |
Brokerage Type | Independent Brokerage,Captive Brokerage |
Broker Type | Tied,Multi-tied |
On the basis of geography, the market of Brokerage Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Demand for Brokers in Developing Countries and Implementation of Newer Technologies in Brokerage Services
Market Growth Drivers:
Growth In Preference Of Individuals to Use Brokerage Services for Mortgage Lending and Increase in Awareness toward Access to Finance Services
Challenges:
Fluctuating Interest Rates
Restraints:
Several Government Regulations
Opportunities:
A Rise in Adoption of New Technologies Such As Artificial Intelligence (AI), Chatbots, and Big Data to Address Their Customer Needs Efficiently
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists, Private Equity Firms, Government Regulatory, Research Organizations and End-Use Industry