Global Personal Finance Software Market by Type (Mobile-Based Software, Web-Based Software), By Application (Individual Consumers, Home Business Users) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global personal finance software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of personal finance software by individual consumers and home business users. Additionally, the growing demand for mobile-based and web-based personal finance software is also contributing to the growth of this market. North America is expected to lead the global personal finance software market during the forecast period, followed by Europe and Asia Pacific.



Get Free Sample Report

Product Definition:

Personal finance software is a computer program that helps individuals manage their personal finances. This type of software can help users track expenses, create budgets, and even invest money. Personal finance software is an important tool for anyone hoping to get their financial life in order.

Mobile-Based Software:

Mobile-based software is a category of cloud computing software that provides services to personal finance management applications on mobile phones and tablets. The primary function of these applications is to enable access to the user’s financial data from any place or any device, thereby helping users in managing their money.

The global mobile-based software market was valued at USD 4,867 million in 2014 and is expected to grow at a CAGR of XX% from 2015 - 2022.

Web-Based Software:

Web-based software is a collection of tools and applications that are accessed through the internet. The main function of web-based software is to help businesses manage their business operations more efficiently. Web-based software also helps in managing inventory, purchasing, accounts receivable, sales & marketing and other company functions which can be beneficial for small & medium enterprises as well as large corporations.

The major benefit associated with web based finance.

Application Insights:

The individual consumers application segment accounted for the largest revenue share of over 60.0% in 2017. The segment growth can be attributed to the growing usage of mobile-based and web-based PFS solutions by individuals for managing their financial lives. Moreover, increasing penetration of smartphones has led to an increase in spending on financial services such as investments, insurance and loans owing to the availability of advanced features such as location tracking and mobile payment options that were not available before 2014.

The home business users application segment is expected register a significant CAGR during the forecast period owing to increased use cases across various industries such as healthcare, retail and e-commerce among others where it is used for accounting purposes or invoicing which drives its demand globally. Furthermore, companies are making efforts towards providing cloud based software solutions that allow businesses with flexible work environments along with advanced security features required by large enterprises at affordable costs which further drives its demand globally over the forecast period.

Regional Analysis:

North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of players and increased adoption of advanced technologies such as cloud computing, artificial intelligence (AI), machine learning, and robotics. Moreover, growing preference for online banking is also expected to drive regional growth over the forecast period. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing awareness among consumers regarding financial management practices such as budgeting, debt repayment planning etc., coupled with rising disposable income levels in developing countries like India and China. Furthermore, improving internet connectivity in rural areas will boost consumer access to GFS software applications thereby driving regional demand further. Latin America has also witnessed steady growth due its increasing penetration rate for mobile banking apps across smartphones & tablets along with an increase in internet users’ numbers from 46% in 2016 to 50% by 2020 according digital bank M-Pesa Users Association (UMAP).

Growth Factors:

Increasing awareness about the benefits of personal finance software among consumers.
Rising demand for mobile-based personal finance software solutions.
Proliferation of cloud-based personal finance software solutions.
Growing popularity of social media and online communities for sharing financial tips and advice among consumers.


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Personal Finance Software Market Research Report
By Type
Mobile-Based Software, Web-Based Software
By Application
Individual Consumers, Home Business Users
By Companies
BUXFER, Quicken, The Infinite Kind, YNAB, Alzex software, Microsoft, Doxo, Personal Capital, Money Dashboard, Prosper Funding, PocketSmith, CountAbout, Finicity, Moneyspire, CoinKeeper, BankTree Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.

Global Personal Finance Software Market Report Segments:
The global Personal Finance Software market is segmented on the basis of:
Types
Mobile-Based Software, Web-Based Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual Consumers, Home Business Users
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
BUXFER
Quicken
The Infinite Kind
YNAB
Alzex software
Microsoft
Doxo
Personal Capital
Money Dashboard
Prosper Funding
PocketSmith
CountAbout
Finicity
Moneyspire
CoinKeeper
BankTree Software



Get Free Sample Report

Highlights of The Personal Finance Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Mobile-Based Software
Web-Based Software
By Application:
Individual Consumers
Home Business Users
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Personal Finance Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

Frequently Asked Questions?