Global Financial Planning Software Market 2023-2027

Description

List of Tables

The financial planning software market is forecasted to grow by USD 4693.41 mn during 2022-2027, accelerating at a CAGR of 16.85% during the forecast period. The report on the financial planning 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 complexity of financial management, growing number of high-net-worth individuals globally, and increasing awareness regarding financial planning.

Technavio's financial planning software market is segmented as below:

By Component

Software
Services

By Application

Financial advice and management
Portfolio/accounting/trading management
Wealth management
Personal banking

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the growing incorporation of ai technology in financial planning software as one of the prime reasons driving the financial planning software market growth during the next few years. Also, growing use of robo-advisory services and growing adoption of mobile and cloud-based financial planning solutions will lead to sizable demand in the market.

The report on the financial planning software market covers the following areas:

Financial planning software market sizing
Financial planning software market forecast
Financial planning 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 financial planning software market vendors that include Accutech Systems Corp., AssetBook LLC, BlackRock Inc., Ebix Inc., Economic Security Planning Inc., eMoney Advisor LLC, Empower Annuity Insurance Co. of America, Envestnet Inc., Fin365 Pty Ltd., Instream Solutions LLC, InvestCloud Inc., Morningstar Inc., Nest Wealth Asset Management Inc., Orion Advisor Solutions Inc., Quicken Inc., RightCapital Inc., SAP SE, Wealthcare Capital Management LLC, WealthTec LLC, and WealthTrace LLC. Also, the financial planning 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.

Product Code: IRTNTR75879

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global financial planning software market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global financial planning software market 2017 - 2021 ($ million)
4.2 Component Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Component Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

6.1 Market segments
Exhibit 30: Chart on Component - Market share 2022-2027 (%)
Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
6.2 Comparison by Component
Exhibit 32: Chart on Comparison by Component
Exhibit 33: Data Table on Comparison by Component
6.3 Software - Market size and forecast 2022-2027
Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)
6.4 Services - Market size and forecast 2022-2027
Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Component
Exhibit 42: Market opportunity by Component ($ million)
Exhibit 43: Data Table on Market opportunity by Component ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2022-2027 (%)
Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Financial advice and management - Market size and forecast 2022-2027
Exhibit 48: Chart on Financial advice and management - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Financial advice and management - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Financial advice and management - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Financial advice and management - Year-over-year growth 2022-2027 (%)
7.4 Portfolio/accounting/trading management - Market size and forecast 2022-2027
Exhibit 52: Chart on Portfolio/accounting/trading management - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Portfolio/accounting/trading management - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Portfolio/accounting/trading management - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Portfolio/accounting/trading management - Year-over-year growth 2022-2027 (%)
7.5 Wealth management - Market size and forecast 2022-2027
Exhibit 56: Chart on Wealth management - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Wealth management - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Wealth management - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Wealth management - Year-over-year growth 2022-2027 (%)
7.6 Personal banking - Market size and forecast 2022-2027
Exhibit 60: Chart on Personal banking - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Personal banking - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Personal banking - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Personal banking - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ million)
Exhibit 65: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Accutech Systems Corp.
Exhibit 119: Accutech Systems Corp. - Overview
Exhibit 120: Accutech Systems Corp. - Product / Service
Exhibit 121: Accutech Systems Corp. - Key offerings
12.4 BlackRock Inc.
Exhibit 122: BlackRock Inc. - Overview
Exhibit 123: BlackRock Inc. - Product / Service
Exhibit 124: BlackRock Inc. - Key offerings
12.5 Ebix Inc.
Exhibit 125: Ebix Inc. - Overview
Exhibit 126: Ebix Inc. - Business segments
Exhibit 127: Ebix Inc. - Key offerings
Exhibit 128: Ebix Inc. - Segment focus
12.6 eMoney Advisor LLC
Exhibit 129: eMoney Advisor LLC - Overview
Exhibit 130: eMoney Advisor LLC - Product / Service
Exhibit 131: eMoney Advisor LLC - Key offerings
12.7 Empower Annuity Insurance Co. of America
Exhibit 132: Empower Annuity Insurance Co. of America - Overview
Exhibit 133: Empower Annuity Insurance Co. of America - Product / Service
Exhibit 134: Empower Annuity Insurance Co. of America - Key offerings
12.8 Envestnet Inc.
Exhibit 135: Envestnet Inc. - Overview
Exhibit 136: Envestnet Inc. - Business segments
Exhibit 137: Envestnet Inc. - Key offerings
Exhibit 138: Envestnet Inc. - Segment focus
12.9 Instream Solutions LLC
Exhibit 139: Instream Solutions LLC - Overview
Exhibit 140: Instream Solutions LLC - Product / Service
Exhibit 141: Instream Solutions LLC - Key offerings
12.10 InvestCloud Inc.
Exhibit 142: InvestCloud Inc. - Overview
Exhibit 143: InvestCloud Inc. - Product / Service
Exhibit 144: InvestCloud Inc. - Key offerings
12.11 Morningstar Inc.
Exhibit 145: Morningstar Inc. - Overview
Exhibit 146: Morningstar Inc. - Product / Service
Exhibit 147: Morningstar Inc. - Key news
Exhibit 148: Morningstar Inc. - Key offerings
12.12 Orion Advisor Solutions Inc.
Exhibit 149: Orion Advisor Solutions Inc. - Overview
Exhibit 150: Orion Advisor Solutions Inc. - Product / Service
Exhibit 151: Orion Advisor Solutions Inc. - Key offerings
12.13 Quicken Inc.
Exhibit 152: Quicken Inc. - Overview
Exhibit 153: Quicken Inc. - Product / Service
Exhibit 154: Quicken Inc. - Key offerings
12.14 RightCapital Inc.
Exhibit 155: RightCapital Inc. - Overview
Exhibit 156: RightCapital Inc. - Product / Service
Exhibit 157: RightCapital Inc. - Key offerings
12.15 SAP SE
Exhibit 158: SAP SE - Overview
Exhibit 159: SAP SE - Business segments
Exhibit 160: SAP SE - Key news
Exhibit 161: SAP SE - Key offerings
Exhibit 162: SAP SE - Segment focus
12.16 Wealthcare Capital Management LLC
Exhibit 163: Wealthcare Capital Management LLC - Overview
Exhibit 164: Wealthcare Capital Management LLC - Product / Service
Exhibit 165: Wealthcare Capital Management LLC - Key offerings
12.17 WealthTrace LLC
Exhibit 166: WealthTrace LLC - Overview
Exhibit 167: WealthTrace LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 168: Inclusions checklist
Exhibit 169: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 170: Currency conversion rates for US$
13.4 Research methodology
Exhibit 171: Research methodology
Exhibit 172: Validation techniques employed for market sizing
Exhibit 173: Information sources
13.5 List of abbreviations
Exhibit 174: List of abbreviations