Revenue for the industry, which includes companies that operate online securities trading websites and other software programs for the securities market, has increased at a CAGR of 2.9% to $11.3 billion, with an increase of 5.9% in 2023 alone. Charles Schwab and Fidelity recorded robust revenue growth as both industrial and individual investors increased their use of online trading platforms. Moreover, COVID-19 and the rise of individual investors using trading apps are expected to enhance revenue growth moving forward.
This industry includes operators that primarily develop independent, third-party software, which enables institutional and retail investors to access, execute and monitor positions in securities markets. It excludes trading platforms developed by exchanges and alternative trading systems. Trading platforms developed internally by institutional investors and financial intermediaries, such as banks and securities broker-dealers, are also excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance