Financial Planning Software Global Market Report 2023

Description

“Financial Planning Software Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on financial planning software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for financial planning software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The financial planning software market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Component: Solution; Services
2) By Deployment Mode: On-Premises; Cloud
3) By Application: Financial Advice And Management; Portfolio, Accounting And Trading Management; Wealth Management; Personal Banking; Other Applications
4) By End-Uses: Small And Medium-Sized Enterprises (SMEs); Large Enterprises; Individual Purpose; Other End-Uses
Companies Mentioned: PIEtech Inc.; eMoney Advisor LLC; Advicent Solutions; Moneytree Software; WealthTec LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major companies in the the financial planning software market are: PIEtech Inc., eMoney Advisor LLC, Advicent Solutions, Moneytree Software, WealthTec LLC, Advisor Software, Envestnet Inc., InStream LLC, Advizr Inc., RightCapital Inc., Razor Logic Systems, Futurewise Technologies Private Limited., ESPlanner Inc., iSoftware Limited, and Cheshire Software Inc.

The global financial planning software market is expected to grow from $3.61 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 18.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The financial planning software market is expected to reach $7.92 billion in 2027 at a CAGR of 16.7%.

The financial planning software market includes of revenues by entities providing cash flow planning, retirement planning, and investment planning. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Financial planning software is a system that offers businesses the ability to control their overall financial management, estimating, and budgeting procedures. Financial Planning Software is used to support analytics, modelling, collaboration, and performance-reporting features, all of which are utilized to improve a user's capacity to manage financial performance efficiently.

North America was the largest region in the financial planning software market in 2022. The regions covered in the financial planning software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main financial planning software components are solution, and services. The solution refers to the financial software solutions that provide specialized services for the creation of accounting solutions, such as AIS architecture, the creation of accountancy apps, API programming, and integration. They are deployed through on-premises, and cloud applied in financial advice and management, portfolio, accounting and trading management, wealth management, personal banking, others. The end users are small and medium-sized enterprises (SMEs), large enterprises, individual purpose, and others.

The surge in mobile applications across the globe is expected to propel the growth of the financial planning software market going forward. Mobile application refers to the application software created specifically for mobile devices like smartphones and tablets. Many financial planning apps on the market assist investors to keep track of their expenditures and revenue, creating budgets, and more, enabling professionals to manage clients' assets and conduct other research with knowledge. Hence, surge in mobile applications across the globe will propel the market growth. For instance, in January 2021, according to the data published by Trulist, a US-based, web and software development, technology company, 2021, the total number of mobile applications downloaded worldwide reached several 230 billion from 218 billion in 2020, however, the google play app, as well as game downloads, increased by 2.5% in 2021. Therefore, the surge in mobile applications across the globe is driving the growth of the financial planning software market, going forward.

Technological advancement is a key trend gaining popularity in the financial planning software market. Major companies operating in the financial planning software market are adopting new technologies such as AI to sustain their position in the market. For instance, in May 2022, Conquest, a Canada-based, fintech company, engaged in financial planning technology, launched "Conquest Planning", a financial planning software in partnership with Fidelity International, a US-based financial services corporation. Conquest Planning gives advisers a better understanding of clients' shifting circumstances through the use of data and Artificial Intelligence (AI). This enables advisers to model proposals in real time and quickly assess the effect of the financial circumstances on the client's goals. The technology crunches data in a variety of ways, instantly constructing and contrasting several plans to free up advisers' time to interact with customers.

In November 2022, Bill, a US-based, company engaged in financial automation software services for small and midsize businesses acquired Finmark, for an undisclosed amount. This acquisition enables Bill, to provide the SMBs with more thorough, real-time insight into their respective cash flow and aid them in making plans because of the combination of its platform and data, with Finmark's financial planning tools and connections. The acquisition also enables, Finmark to assist a great number of SMEs on their road toward digital transformation because of BILL's fully-featured financial management platform, partner ecosystem, and size. Finmark is a US-based financial planning software company that makes financial planning and cash flow analysis for SMEs simple.

The countries covered in the financial planning software market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The financial planning software market research report is one of a series of new reports from The Business Research Company that provides financial planning software market statistics, including financial planning software industry global market size, regional shares, competitors with a financial planning software market share, detailed financial planning software market segments, market trends and opportunities, and any further data you may need to thrive in the financial planning software industry. This financial planning software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r7032

1. Executive Summary

2. Financial Planning Software Market Characteristics

3. Financial Planning Software Market Trends And Strategies

4. Financial Planning Software Market - Macro Economic Scenario

4.1. COVID-19 Impact On Financial Planning Software Market
4.2. Ukraine-Russia War Impact On Financial Planning Software Market
4.3. Impact Of High Inflation On Financial Planning Software Market

5. Financial Planning Software Market Size And Growth

5.1. Global Financial Planning Software Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Financial Planning Software Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Financial Planning Software Market Segmentation

6.1. Global Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Solution
Services
6.2. Global Financial Planning Software Market, Segmentation By Deployment Mode, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
On-Premises
Cloud
6.3. Global Financial Planning Software Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Financial Advice And Management
Portfolio, Accounting And Trading Management
Wealth Management
Personal Banking
Other Applications
6.4. Global Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Small And Medium-Sized Enterprises (SMEs)
Large Enterprises
Individual Purpose
Other End Uses

7. Financial Planning Software Market Regional And Country Analysis

7.1. Global Financial Planning Software Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Financial Planning Software Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Financial Planning Software Market

8.1. Asia-Pacific Financial Planning Software Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Financial Planning Software Market

9.1. China Financial Planning Software Market Overview
9.2. China Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Financial Planning Software Market

10.1. India Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Financial Planning Software Market

11.1. Japan Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Financial Planning Software Market

12.1. Australia Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Financial Planning Software Market

13.1. Indonesia Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Financial Planning Software Market

14.1. South Korea Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Financial Planning Software Market

15.1. Western Europe Financial Planning Software Market Overview
15.2. Western Europe Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Financial Planning Software Market

16.1. UK Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Financial Planning Software Market

17.1. Germany Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Financial Planning Software Market

18.1. France Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Financial Planning Software Market

19.1. Eastern Europe Financial Planning Software Market Overview
19.2. Eastern Europe Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Financial Planning Software Market

20.1. Russia Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Financial Planning Software Market

21.1. North America Financial Planning Software Market Overview
21.2. North America Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Financial Planning Software Market

22.1. USA Financial Planning Software Market Overview
22.2. USA Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Financial Planning Software Market

23.1. South America Financial Planning Software Market Overview
23.2. South America Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Financial Planning Software Market

24.1. Brazil Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Financial Planning Software Market

25.1. Middle East Financial Planning Software Market Overview
25.2. Middle East Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Financial Planning Software Market

26.1. Africa Financial Planning Software Market Overview
26.2. Africa Financial Planning Software Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Financial Planning Software Market, Segmentation By End-Uses, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Financial Planning Software Market Competitive Landscape And Company Profiles

27.1. Financial Planning Software Market Competitive Landscape
27.2. Financial Planning Software Market Company Profiles
- 27.2.1. PIEtech Inc.
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. eMoney Advisor LLC
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Advicent Solutions
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Moneytree Software
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. WealthTec LLC
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Financial Planning Software Market

29. Financial Planning Software Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer