PUBLISHER: The Business Research Company | PRODUCT CODE: 1588763
PUBLISHER: The Business Research Company | PRODUCT CODE: 1588763
Stockbroking is a financial service that involves buying and selling securities, such as stocks and bonds, on behalf of clients. Stockbrokers provide essential services, including investment advice, trade execution, and portfolio management. They help clients make informed investment decisions and navigate the complexities of financial markets to optimize returns and achieve their financial goals.
The main types of trading in stockbroking are short-term trading and long-term trading. Short-term trading involves buying and selling financial assets over a brief period, often days or weeks, to capitalize on small price movements. Traders use technical analysis and market trends to make quick decisions, aiming for frequent, smaller profits. The different types of brokers include full-service brokers, discount brokers, and robo-advisors. Stockbroking services can be conducted offline or online. Services offered encompass order execution, advisory, discretionary management, and more. These services are utilized by various end users, including retail investors and institutional investors.
The stockbroking market research report is one of a series of new reports from The Business Research Company that provides stockbroking market statistics, including stockbroking industry global market size, regional shares, competitors with a stockbroking market share, detailed stockbroking market segments, market trends, and opportunities, and any further data you may need to thrive in the stockbroking industry. This stockbroking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The stockbroking market size has grown rapidly in recent years. It will grow from $38.34 billion in 2023 to $42.22 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to the globalization of financial markets, the rise of retail investors, financial innovation, the proliferation of the Internet, and increased financial literacy.
The stockbroking market size is expected to see rapid growth in the next few years. It will grow to $62.37 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the rising adoption of mobile trading apps, the expansion of robo-advisory services, sustainable investing, regulatory changes, and a heightened focus on cybersecurity. Major trends expected during this period include the integration of artificial intelligence and machine learning, increased involvement in blockchain technology, a continued emphasis on sustainable investing, enhanced financial inclusion, and growing collaboration with fintech companies.
The anticipated growth in trading activity is expected to drive the expansion of the stockbroking market. Trading involves buying and selling financial instruments, commodities, or goods to generate profit across various markets, including stocks, forex, and commodities. Increased trading activity is fueled by economic fluctuations, advancements in trading platforms, and greater investor participation. Stockbroking supports this activity by offering market access, investment advice, and executing buy and sell orders for investors. For example, in December 2023, the Office for National Statistics, a UK-based government department, reported that in 2022, overseas investors held a record 57.7% of UK quoted shares, up from 56.3% in 2020. This reflects a continuing trend of growing foreign ownership. Thus, the rise in trading activity is boosting the stockbroking market.
Key players in the stockbroking market are concentrating on developing innovative solutions such as stockbroking platforms to maintain a competitive advantage. A stockbroking platform is an online service that enables users to buy and sell securities, manage investment portfolios, and access market information. For instance, in August 2023, PhonePe Private Limited, an India-based software company, launched the Share(dot)Market platform. This platform integrates seamlessly with the PhonePe app, allowing users to trade stocks directly from their accounts. It features user-friendly tools for tracking investments, real-time market data, and personalized recommendations, improving the overall trading experience.
In April 2022, Swastika Investmart Ltd., an India-based financial services company, acquired Safal Capital Limited for an undisclosed amount. This acquisition is expected to expand Swastika's customer base by about 5%, while Safal Capital's clients will gain access to Swastika's extensive services, including its stock research team, advanced technology platform, compliance support, and superior customer service. Safal Capital Limited is a stockbroking company based in India.
Major companies operating in the stockbroking market are JPMorgan Chase & Co, Citigroup Inc., Wells Fargo & Company, Morgan Stanley, BNP Paribas SA, The Goldman Sachs Group Inc., UBS Group AG, Barclays Bank plc, Fidelity Investments, Charles Schwab Corporation, Credit Suisse Group AG, Merrill, Nomura Holdings Inc., LPL Financial Holdings Inc., RBC Capital Markets, T. Rowe Price Investment Services Inc., Interactive Brokers Inc., IG Group Holdings plc, Oppenheimer Holdings Inc., Hargreaves Lansdown plc, The Vanguard Group Inc., TradeStation, Canaccord Genuity Group Inc.
North America was the largest region in the stockbroking market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stockbroking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the stockbroking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The stockbroking market includes revenues earned by entities by providing services such as buying and selling securities such as stocks and bonds on behalf of their clients, managing investment portfolios, and offering financial planning services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Stockbroking Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on stockbroking market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for stockbroking ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The stockbroking market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.