Overview of the global personal finance software market for

Dublin, 29 July 2022 (GLOBE NEWSWIRE) — The report “Personal Finance Software Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.

The global personal finance software market reached a value of US$1.14 billion in 2021. Looking ahead, the vendor expects the market to reach a value of US$1.58 billion by 2027, posting a CAGR of 5.59% in 2021-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.

Personal finance software refers to an advanced solution designed to integrate, interpret and separate information related to a user’s financial data. This involves budgeting, banking, insurance, mortgages, investments, retirement, and tax and estate plans. These programs help organize the budget, accounting finances, and make financial decisions to achieve long-term financial goals. In addition to this, personal finance software helps users track transactions, manage bank records, track investments, and prevent interest on late payments by providing scheduled reminders for bills and deposits. At present, it is categorized into web and mobile software types.

Personal Finance Software Market Trends:

The growing demand for secure and personalized digital services has led to the widespread adoption of personal finance software in small and medium-sized enterprises (SMEs). These solutions help in tracking assets or liabilities, creating datasheets and writing tax reports, which in turn positively drives the growth of the market.

With this in mind, significant technological advances, such as the integration of big data, the Internet of Things (IoT) and artificial intelligence (AI) solutions to examine consumer behavior, provide a personalized experience and communicate with users via chatbots, are acting as another growth inducing factor. This is further supported by the incorporation of blockchain solutions by the government of various countries into the software to add further layers of security to ensure the safety of credit cards, personal finance and investment information. .

Additionally, the growing need for businesses to address financial challenges, especially during the consequent implementation of mandatory lockdowns due to the sudden outbreak of the coronavirus disease (COVID-19) pandemic, is further propelling the market growth. Apart from this, the increasing launch and adoption of personal finance apps by banking, financial services and insurance (BFSI) institutions to provide better customer support and offers is creating a positive outlook for the market.

Competitive Landscape:

The competitive landscape of the industry has also been reviewed along with the profiles of major players i.e. Alzex Software, BankTree Software Limited, Buxfer Inc., CountAbout, Microsoft Corporation, Money Dashboard Ltd., Moneyspire Inc., Personal Capital Corporation (Empower Retirement), PocketSmith Ltd., Quicken Inc., The Infinite Kind and You Need a Budget.

Answers to key questions in this report:

  • How has the global personal finance software market behaved so far and how will it behave in the coming years?
  • What has been the impact of COVID-19 on the Global Personal Finance Software Market?
  • What are the main regional markets?
  • What is the market breakdown by product type?
  • What is the market breakdown by end user?
  • What are the different stages of the industry value chain?
  • What are the major driving factors and challenges in the industry?
  • What is the structure of the global personal finance software market and who are the key players?
  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive Summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Personal Finance Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakdown by Product Type
6.1 Web-based software
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Mobile software
6.2.1 Market trends
6.2.2 Market Forecast

7 Market Breakdown by End User
7.1 Small Business
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Individual consumers
7.2.1 Market trends
7.2.2 Market Forecast

8 Market Breakdown by Region

9 SWOT Analysis

10 Value chain analysis

11 Analysis of the five forces of carriers

12 Price Analysis

13 Competitive landscape
13.1 Market structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Alzex software
13.3.1.1 Company overview
13.3.1.2 Product portfolio
13.3.2 BankTree Software Limited
13.3.2.1 Presentation of the company
13.3.2.2 Product portfolio
13.3.3 Buxfer Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 CountAbout
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Microsoft Corporation
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Finance
13.3.5.4 SWOT Analysis
13.3.6 Money Dashboard Ltd.
13.3.6.1 Company Overview
13.3.6.2 Product portfolio
13.3.7 Moneyspire Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Personal Capital Corporation (Empower Retirement)
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 PocketSmith Ltd.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Quicken Inc.
13.3.10.1 Company Overview
13.3.10.2 Product portfolio
13.3.11 The Infinite Gender
13.3.11.1 Company Overview
13.3.11.2 Product portfolio
13.3.12 You need a budget
13.3.12.1 Company Overview
13.3.12.2 Product portfolio

For more information about this report visit https://www.researchandmarkets.com/r/726v8a

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