$1.58 Billion Worldwide Personal Finance Software Industry to 2027

DUBLIN, July 25, 2022 / PRNewswire / – The “Personal Finance Software Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecasts 2022-2027” report has been added to by ResearchAndMarkets.com offer.



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

Personal finance software refers to an advanced solution designed to integrate, interpret and separate information related to a user’s financial data. It involves budgeting, banking, insurance, mortgages, investments, pensions, and tax and real estate plans. These programs help in budgeting, accounting finances, and making 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 late payment interest by providing scheduled reminders for invoices and deposits. At present, it is categorized into web-based and mobile-based 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 track assets or liabilities, create datasheets and draft tax reports, which, in turn, is positively stimulating market growth.

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In line with this, 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. , they are acting as another growth factor. This is further supported by the incorporation of blockchain solutions by the government of various countries into the software for adding other layers of security to ensure the safety of credit cards, personal finances and investment information.

Furthermore, the growing need among companies to cope with financial challenges, especially during the consequent implementation of mandatory lockdowns due to the sudden outbreak of the coronavirus (COVID-19) pandemic, is further driving market growth. In addition to this, the escalation of the launch and adoption of personal finance applications by banking, financial services and insurance (BFSI) institutions to provide better customer service and offerings is creating positive prospects for the market.

Competitive landscape:

The competitive landscape of the industry was also examined along with profiles of major players such as 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.

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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 fare 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 break in the market based on the type of product?

  • What is the break in the market based on the end user?

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

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global personal finance software market and who are the major 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 Overview
4.2 Key industry trends

5 Global Personal Finance Software Market
5.1 Market overview
5.2 Market trend
5.3 Impact of COVID-19
5.4 Market forecasts

6 Breakdown of the market by type of product
6.1 Web Based Software
6.1.1 Market Trends
6.1.2 Market forecasts
6.2 Mobile Device Based Software
6.2.1 Market Trends
6.2.2 Market forecasts

7 Market disruption by the end user
7.1 Small Businesses
7.1.1 Market Trends
7.1.2 Market forecasts
7.2 Individual consumers
7.2.1 Market Trends
7.2.2 Market forecasts

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8 Market breakdown by region

9 SWOT Analysis

10 Value chain analysis

11 Porters 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 Company overview Product portfolio
13.3.2 Software BankTree Limited Company overview Product portfolio
13.3.3 Buxfer Inc. Company overview Product portfolio
13.3.4 Counting Company overview Product portfolio
13.3.5 Microsoft Corporation Company overview Product portfolio Financial data SWOT analysis
13.3.6 Money Dashboard Ltd. Company overview Product portfolio
13.3.7 Moneyspire Inc. Company overview Product portfolio
13.3.8 Personal Capital Corporation (Authorize Retirement) Company overview Product portfolio
13.3.9 PocketSmith Ltd. Company overview Product portfolio
13.3.10 Quicken Inc. Company overview Product portfolio
13.3.11 The infinite type Company overview Product portfolio
13.3.12 You need a budget Company overview Product portfolio

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

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