Global Personal Finance Software Market 2024-2028
The personal finance software market is forecasted to grow by USD 296.46 mn during 2023-2028, accelerating at a CAGR of 4.76% during the forecast period. The report on the personal finance software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of smartphones and mobile devices, increasing adoption of digital solutions, and rising emphasis on financial wellness and education.
Technavio's personal finance software market is segmented as below:
By End-user
- Home business users
- Individual users
By Product
- Web-based software
- Mobile-based software
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the rise in adoption of artificial intelligence (AI) and machine learning (ML) technologies in personal finance software as one of the prime reasons driving the personal finance software market growth during the next few years. Also, rise in adoption of software as a service (SaaS) based services in personal finance software and integration with banking and financial instit will lead to sizable demand in the market.
The report on the personal finance software market covers the following areas:
- Personal finance software market sizing
- Personal finance software market forecast
- Personal finance software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal finance software market vendors that include Alzex software, BankTree Software Ltd., BUXFER Inc., CountAbout Corp., doxo Inc., Empower Annuity Insurance Co. of America, GnuCash, HomeBank, iFREE GROUP HK Ltd., Intuit Inc., Mastercard Inc., MechCAD Software, Microsoft Corp., Money Dashboard Ltd., Moneyspire Inc., NCH SOFTWARE Pty Ltd., PocketSmith Ltd., Quicken Inc., The Infinite Kind, and Tiller. Also, the personal finance software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.