Artificial intelligence (AI) is rapidly changing the landscape of the stock trading market, making it easier for investors to make more informed decisions using data and advanced algorithms. According to a recent study by Infinity Business Insights, the global AI in stock trading market is set to grow at a CAGR of 2023-2030, rising from USD billion in 2023 to USD billion in 2030.
The study credits the rise in the market to the evolving needs of the industry, as well as the increasing use of AI algorithms in the trading process. Management companies, processing companies, and service suppliers within the value chain were interviewed to gather qualitative and quantitative data.
The report classified the market by type and application, with APAC predicted to hold the largest share of the AI in stock trading market during the forecast period. China and India were named as the key contributors to the region’s growth, driven by the developing industries which are the primary users of pollution monitoring equipment.
The study also highlighted the key players in the market, including Forex Trading, gold-perfect.com, eToro, Vaultoro, and Goldex, among others. These players were evaluated based on their business overviews, financial summaries, and SWOT assessments.
Despite the COVID-19 pandemic causing a drop in demand across multiple industries, the market is expected to recover between 2023 to 2030 as the industries develop, fueling growth in the end-user industries.
The report helps investors make informed decisions and marketing strategies by providing research-based data. It also enables investors to gain competitive knowledge of leading market players and pinpoints the changing rivalry dynamics, keeping investors ahead of competitors.
Overall, the report offers valuable insights on the current state, size, share, and growth factors of the AI in stock trading market, providing the industry with an excellent resource for their future investments.
