$1.58 Billion Worldwide Personal Finance Software Industry to 2027

DUBLIN, July 25, 2022 /PRNewswire/ — “Personal Finance Software Market: Global Industry Trends, Share, Size, Growth, Opportunity & Forecast 2022-2027” report added to ResearchAndMarkets.com offering.



The global market for personal finance software reached a value of $1.14 billion in 2021. Looking ahead, the publisher expects the market to reach a value of $1.58 billion for 2027, exhibiting a CAGR of 5.59% during 2021-2027. Taking into account the uncertainties of COVID-19, we are continually tracking and evaluating the direct and indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major contributor to the market.

Personal finance software refers to an advanced solution that is designed to integrate, interpret, and segregate information related to a user’s financial data. These are budgeting, banking, insurance, mortgages, investments, retirement, and tax and estate plans. These programs help organize budgeting, financial accounting, and financial decision making to meet long-term financial goals. In addition to this, personal finance software helps users track transactions, manage bank records, track investments, and avoid interest on late payments by providing scheduled reminders for bills and deposits. At present, it is classified into web-based and mobile-based software types.

Personal Finance Software Market Trends:

The growing demand for secure and personalized digital services has driven the widespread adoption of personal finance software in small and medium-sized businesses (SMBs). These solutions help to track assets or liabilities, create spreadsheets, and write tax reports, which, in turn, positively stimulates market growth.

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In line with this, major technological advances such as the integration of big data, the Internet of Things (IoT), and artificial intelligence (AI) solutions to examine consumer behavior, deliver a personalized experience, and communicate with users through chatbots, is acting as another growth-inducing factor. This is further supported by the incorporation of blockchain solutions by the government of various countries in the software to add other layers of security to ensure the safety of credit card, personal finance and investment information.

Furthermore, the growing need among companies to deal with financial challenges, especially during the ensuing implementation of mandatory lockdowns due to the sudden outbreak of the coronavirus disease (COVID-19) pandemic, is further driving the growth of the market. . Apart from this, the increasing launch and adoption of personal finance apps by banking, financial services and insurance institutions (BFSIs) to provide better customer support and offerings is creating a positive outlook for the market. .

Competitive landscape:

The competitive landscape of the industry was also examined along with the profiles of the key players which are 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 Need a Budget.

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Key questions answered in this report:

  • How has the global personal finance software market performed so far and how will it perform in the years to come?

  • What has been the impact of COVID-19 on the global Personal Finance Software market?

  • What are the key regional markets?

  • What is the division of the market according to the type of product?

  • What is the division of the market based on the end user?

  • What are the various stages in the industry value chain?

  • What are the main driving factors and challenges in the industry?

  • What is the structure of the global Personal Finance Software market and who are the key players?

  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Summary
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 based 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

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11 Porter’s Five Forces Analysis

12 Price Analysis

13 Competitive Landscape
13.1 Market structure
13.2 Key players
13.3 Key Player Profiles
13.3.1 Alzex Software General description of the company Product portfolio
13.3.2 Limited BankTree Software General description of the company Product portfolio
13.3.3 Buxfer Inc. General description of the company Product portfolio
13.3.4 Count on General description of the company Product portfolio
13.3.5 Microsoft Corporation General description of the company Product portfolio Finance SWOT Analysis
13.3.6 Money Dashboard Ltd. Company Summary Product portfolio
13.3.7 Moneyspire Inc. Company Summary Product portfolio
13.3.8 Personal Capital Corporation (Empower Retirement) General description of the company Product portfolio
13.3.9 PocketSmith Ltd. Company Summary Product portfolio
13.3.10 Quicken Inc. General description of the company Product portfolio
3.13.11 the infinity type Company summary Product portfolio
3.13.12 You need a Budget Company Summary Product portfolio

For more information on this report, please visit https://www.researchandmarkets.com/r/o0sory

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