Global Personal Finance Software Market Size Study & Forecast, by Product Type (Web-based Software, Mobile-based Software), by End-User (Small Business, Individuals), and Regional Analysis, 2023-2030

Description

List of Tables

Global Personal Finance Software Market is valued at approximately USD 1.20 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2023-2030. Personal financial software is used to monitor the inflow and outflow of cash. Additionally, the software handles future expenses and develops budgets while keeping track of investments and expenditures. Personal finance software API is either web-based or mobile-based depending on the type of device. The Personal Finance Software Market is expanding because of factors such as the increasing complexity of personal finances, growing awareness of financial management, and rising inclination towards the adoption of digital solutions, coupled with the increasing adoption of cloud-based solutions.

In addition, the rising proliferation of smartphones is acting as a catalyzing factor for market growth across the globe. The growing popularity of smartphones allows users to access the internet and manage their finances. Personal finance software that is compatible with mobile devices makes it easier for people to track their finances more conveniently. According to Statista, in 2019, the number of users of smartphones accounted for 287.76 million across the globe and the number of users reached 301.65 million in 2022. Thus, these aforementioned factors are propelling the growth of the Personal Finance Software Market globally. Moreover, rising development in IoT and API technologies, as well as personalized insights and recommendations present various lucrative opportunities over the forecasting years. However, the rising privacy and security concerns and lack of awareness regarding personalized financial products are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Personal Finance Software Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing need to track & manage the income of consumers, increased adoption of personal finance software, and growing investment in technological advancements. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The growth of digitalizing financial services, the surge in mobile applications, the increasing awareness of financial management, and the development of emerging economies are significantly propelling the market demand across the region.

Major market players included in this report are:

Buxfer Inc.
Doxo Inc.
Money Dashboard Ltd.
Microsoft Corporation
Moneyspire Inc.
Personal Capital Corporation
PocketSmith Ltd.
The Infinite Kind
You Need a Budget LLC
Quicken Inc.

Recent Developments in the Market:

In April 2023, The BCU Bank division of P&N Group introduced personal financial management software to provide its users more control over their finances. It allows users to view their BCU Bank account alongside any other accounts from other financial institutions by using "mymo by BCU." This software also includes budget tools, transaction categories, and bill and spend tracking capabilities to provide customers with better control over their personal funds.

Global Personal Finance Software Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Web-based Software
Mobile-based Software

By End-User:

Small Business
Individuals

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Personal Finance Software Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Personal Finance Software Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Personal Finance Software Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Personal Finance Software Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Personal Finance Software Market Dynamics

3.1. Personal Finance Software Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing awareness of financial management
  - 3.1.1.2. Rising proliferation of smartphones
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising privacy and security concerns
  - 3.1.2.2. Lack of awareness regarding personalized financial products
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing advancements in IoT and API technologies
  - 3.1.3.2. Personalized insights and recommendations

Chapter 4. Global Personal Finance Software Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Personal Finance Software Market, by Product Type

5.1. Market Snapshot
5.2. Global Personal Finance Software Market by Product Type, Performance - Potential Analysis
5.3. Global Personal Finance Software Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Personal Finance Software Market, Sub Segment Analysis
- 5.4.1. Web-based Software
- 5.4.2. Mobile-based Software

Chapter 6. Global Personal Finance Software Market, by End-User

6.1. Market Snapshot
6.2. Global Personal Finance Software Market by End-User, Performance - Potential Analysis
6.3. Global Personal Finance Software Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
6.4. Personal Finance Software Market, Sub Segment Analysis
- 6.4.1. Small Business
- 6.4.2. Individuals

Chapter 7. Global Personal Finance Software Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Personal Finance Software Market, Regional Market Snapshot
7.4. North America Personal Finance Software Market
- 7.4.1. U.S. Personal Finance Software Market
  - 7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End-User breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Personal Finance Software Market
7.5. Europe Personal Finance Software Market Snapshot
- 7.5.1. U.K. Personal Finance Software Market
- 7.5.2. Germany Personal Finance Software Market
- 7.5.3. France Personal Finance Software Market
- 7.5.4. Spain Personal Finance Software Market
- 7.5.5. Italy Personal Finance Software Market
- 7.5.6. Rest of Europe Personal Finance Software Market
7.6. Asia-Pacific Personal Finance Software Market Snapshot
- 7.6.1. China Personal Finance Software Market
- 7.6.2. India Personal Finance Software Market
- 7.6.3. Japan Personal Finance Software Market
- 7.6.4. Australia Personal Finance Software Market
- 7.6.5. South Korea Personal Finance Software Market
- 7.6.6. Rest of Asia Pacific Personal Finance Software Market
7.7. Latin America Personal Finance Software Market Snapshot
- 7.7.1. Brazil Personal Finance Software Market
- 7.7.2. Mexico Personal Finance Software Market
7.8. Middle East & Africa Personal Finance Software Market
- 7.8.1. Saudi Arabia Personal Finance Software Market
- 7.8.2. South Africa Personal Finance Software Market
- 7.8.3. Rest of Middle East & Africa Personal Finance Software Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Buxfer Inc.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Doxo Inc.
- 8.3.3. Money Dashboard Ltd.
- 8.3.4. Microsoft Corporation
- 8.3.5. Moneyspire Inc.
- 8.3.6. Personal Capital Corporation
- 8.3.7. PocketSmith Ltd.
- 8.3.8. The Infinite Kind
- 8.3.9. You Need a Budget LLC
- 8.3.10. Quicken Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Personal Finance Software Market, report scope
TABLE 2. Global Personal Finance Software Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Personal Finance Software Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Personal Finance Software Market estimates & forecasts by End-User 2020-2030 (USD Billion)
TABLE 5. Global Personal Finance Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Personal Finance Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Personal Finance Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Personal Finance Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Personal Finance Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Personal Finance Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Personal Finance Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Personal Finance Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Personal Finance Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Personal Finance Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Personal Finance Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Personal Finance Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Personal Finance Software Market
TABLE 70. List of primary sources, used in the study of global Personal Finance Software Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Personal Finance Software Market, research methodology
FIG 2. Global Personal Finance Software Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Personal Finance Software Market, key trends 2022
FIG 5. Global Personal Finance Software Market, growth prospects 2023-2030
FIG 6. Global Personal Finance Software Market, porters 5 force model
FIG 7. Global Personal Finance Software Market, pest analysis
FIG 8. Global Personal Finance Software Market, value chain analysis
FIG 9. Global Personal Finance Software Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Personal Finance Software Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Personal Finance Software Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Personal Finance Software Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Personal Finance Software Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Personal Finance Software Market, regional snapshot 2020 & 2030
FIG 15. North America Personal Finance Software Market 2020 & 2030 (USD Billion)
FIG 16. Europe Personal Finance Software Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Personal Finance Software Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Personal Finance Software Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Personal Finance Software Market 2020 & 2030 (USD Billion)