Algorithmic Trading Market Growth, Trends, and Forecast by 2031

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031

Algorithmic Trading Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Solution (Software and Services); By Services (Professional Services and Managed Services); By Deployment Outlook (Cloud and On-premise); Trading Types (Stock Markets, Foreign Exchange (FOREX), Exchange-Traded Fund (ETF), Bonds, Cryptocurrencies, Others); Type of Traders (Institutional Investors, Long-term Traders, Short-term Traders, Retail Investors) and Geography

  • Report Date : Aug 2025
  • Report Code : TIPTE100000699
  • Category : Banking, Financial Services, and Insurance
  • Status : Data Released
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

 

The algorithmic trading market size is expected to at a CAGR of 12.8% from 2023 to 2031. Since the introduction of matching engines in modern exchanges, algorithmic trading has been used worldwide. By eliminating human restrictions, such technological advancements have enhanced the capability of markets to process trades and orders. Thus driving the growth of algorithmic trading market growth.

Algorithmic Trading Market Analysis

The necessity for algorithmic trading is projected to be driven by favorable governmental guidelines, increasing demand for reliable, quick, and effective order execution, swelling demand for market surveillance, and decreasing transaction costs. Large institutional investors and brokerage firms use algorithmic trading to cut the expenses of bulk trading. Furthermore, it is projected that the development of financial service and artificial intelligence (AI) algorithms will generate lucrative market expansion opportunities during the forecast period. An increase in the demand for cloud-based solutions is also projected to support the algorithmic trading market growth.

Algorithmic Trading Market Overview

  • Algorithmic trading is a type of automation in which a computer program is used to efficiently execute a defined set of instructions or guidelines that comprises the selling or buying of an asset regarding varying market data.
  • Furthermore, the defined sets of rules or instructions are based on quantity, price, timing, or any mathematical model. Investors and traders are adopting algorithmic trading solutions as it helps them execute trades at the best possible prices.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Algorithmic Trading Market: Strategic Insights

algorithm-trading-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Algorithmic Trading Market Driver

The Emergence of Artificial Intelligence (AI) in the Financial Services Sector to Drive the Algorithmic Trading Market

  • Several financial services companies are increasing their AI and machine learning adoption to take advantage of the information from digitally driven channels. This has further led to the developing trend of data-driven investments in the past few years.
  • The usage of algorithmic trading is on the surge due to its complete automation, ease of diversification capabilities, and fast trade execution.

Algorithmic Trading Market Report Segmentation Analysis

  • Based on deployment, the algorithmic trading market is segmented into on-premise and cloud-based. The cloud-based segment is expected to hold a substantial algorithmic trading market share in 2023.
  • Cloud-based algorithmic trading platforms are anticipated to play a crucial role in the growth of the market, owing to various benefits, such as obtaining maximum profits, automating trading procedures, easy trade data maintenance, scalability, cost-effectiveness, and efficient management.

Algorithmic Trading Market Share Analysis By Geography

The scope of the algorithmic trading market is primarily divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominated the algorithmic trading market share in 2023. The regional growth can be accredited to the presence of several market players in the region. These vendors are also implementing various growth strategies to strengthen their position in the market. Numerous factors, such as the increasing investments in trading technologies and growing government support for global trading activities, are anticipated to contribute to the regional growth of the North American market during the forecast period.

Algorithmic Trading Market Regional Insights

The regional trends and factors influencing the Algorithmic Trading Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Algorithmic Trading Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

algorithm-trading-market-global-geography
  • Get the Regional Specific Data for Algorithmic Trading Market

Algorithmic Trading Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX million
Market Size by 2031 US$ XX million
Global CAGR (2023 - 2031) 12.8%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Solution
  • Platforms
  • Software Tools
By Services
  • Professional Services and Managed Services
By Deployment Outlook
  • Cloud and On-premise
By Trading Types
  • Foreign Exchange
  • Stock Markets
  • Exchange-Traded Fund
  • Bonds
  • Cryptocurrencies
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • 63 moons technologies limited
  • AlgoTrader
  • Argo Software Engineering
  • InfoReach, Inc.
  • Kuberre Systems, Inc.
  • MetaQuotes Ltd.
  • Refinitiv
  • Symphony
  • Tata Consultancy Services Limited
  • VIRTU Finance Inc.

  • Algorithmic Trading Market Players Density: Understanding Its Impact on Business Dynamics

    The Algorithmic Trading Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Algorithmic Trading Market are:

    1. 63 moons technologies limited
    2. AlgoTrader
    3. Argo Software Engineering
    4. InfoReach, Inc.
    5. Kuberre Systems, Inc.
    6. MetaQuotes Ltd.

    Disclaimer: The companies listed above are not ranked in any particular order.


    algorithm-trading-market-cagr

    • Get the Algorithmic Trading Market top key players overview

    The "Algorithmic Trading Market Analysis" was carried out based on type, mode, distribution channel, and geography. Based on the solution, the market is divided into platforms and software tools. Based on the service outlook, the market is divided into professional services and managed services. Based on deployment, the market is divided into cloud and on-premise. Based on trading types, the market is divided into foreign exchange (FOREX), stock markets, exchange-traded funds (ETF), bonds, cryptocurrencies, and others. Based on the type of traders, the market is divided into institutional investors, long-term traders, short-term traders, and retail investors. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

    Algorithmic Trading Market News and Recent Developments

    Companies adopt inorganic and organic strategies such as mergers and acquisitions in the market. Some of the recent key market developments are listed below:

    • In October 2022, Refinitiv, an LSEG business, announced the introduction of a personalized, secure, and frictionless global digital onboarding solution to support businesses in streamlining their approach to onboarding customers. Refinitiv's digital customer onboarding solution provides a completely configurable user interface, allowing organizations to offer the product application process that can be delivered via mobile, web, and API. [Source: Refinitiv, Company Website]

    Algorithmic Trading Market Report Coverage & Deliverables

    The algorithmic trading market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Algorithmic Trading Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

    • Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
    • Market dynamics such as drivers, restraints, and key opportunities.
    • Key future trends.
    • Detailed PEST & SWOT analysis
    • Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
    • Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
    • Detailed company profiles.

    Frequently Asked Questions

    What is the estimated market size for the global algorithmic trading market in 2023?

    The global algorithmic trading market was estimated to grow at a CAGR of 12.8% during 2023 - 2031.

    What are the driving factors impacting the global algorithmic trading market?

    Growing technological adoption and adoption of automated algorithmic trading are the major factors that propel the global algorithmic trading market.

    What are the future trends of the global algorithmic trading market?

    The emergence of Artificial Intelligence (AI) and Machine Learning (ML) in algorithmic trading is anticipated to play a significant role in the global algorithmic trading market in the coming years.

    Which are the key players holding the key market share of the algorithmic trading market?

    The key players holding principal shares in the global algorithmic trading market are 63 moons Technologies Limited, AlgoTrader, Argo Software Engineering, InfoReach, Inc., and Kuberre Systems, Inc.

    Ankita Mittal
    Ankita Mittal
    Manager,
    Market Research & Consulting

    Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

    Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    user

    I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

    DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
    user

    The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

    Yukihiko Adachi CEO, Deep Blue, LLC.

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Strategic Planning
    • Investment Justification
    • Identifying Emerging Markets
    • Enhancing Marketing Strategies
    • Boosting Operational Efficiency
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    Algorithmic Trading Market
    Connect With Expert
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo