Algorithmic Trading Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2024 - TechSci Research
Global algorithmic trading market is anticipated to grow at a CAGR of around 11% during the forecast period. The global algorithmic trading market is expected to witness progressive growth and reach the market value of around $ 19 billion by 2024. The key reason for the growth of the algorithmic trading market includes minimized cost for the transactions. Moreover, stringent rules by the governing bodies are further aiding the market growth across the globe. Moreover, algorithmic trading is defined as a technology platform which provides benefit of artificial intelligence coupled with human intelligence. Furthermore, this technology allows the investment managers to take control of their own trading procedures, which is anticipated to further spur growth of the market in the upcoming years. Global algorithmic trading market can be segmented based on component, trading type, enterprise size, deployment mode and regional analysis. Based on trading type, the market can be segmented into ...