+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Personal Finance Software Market Size, Share & Trends Analysis Report By Type (Mobile-based, Desktop-based), By End-user (Small Businesses, Individuals), By Deployment (On-premise, Cloud), By Tools, By Region, And Segment Forecasts, 2023 - 2030

  • PDF Icon

    Report

  • 120 Pages
  • August 2023
  • Region: Global
  • Grand View Research
  • ID: 5876167
The global personal finance software market size is anticipated to reach USD 1.59 billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. With the growing complexity of personal finances and the need for effective money management, individuals seek solutions to manage budgets, track expenses, and plan financial goals. Personal finance software offers features such as budgeting, expense tracking, investment management, and bill payment reminders that help users gain better control over their finances. The high rate of internet and smartphone penetration is expected to fuel the growth of the market over the forecast period.

According to data reported by an online reference library, DataReportal, a total of 5.18 billion people worldwide used the internet at the beginning of Q2 2023. In addition, user-friendly mobile applications have made personal finance software more accessible and convenient for users, resulting in the rising adoption of personal finance software. Personal finance software offers various advantages, such as managing finances, cash flows, and paying bills. It helps individuals and small business owners to track their income and expenditure with a graphical representation making it easier for them to understand and analyze their cash flows.

Furthermore, online banking trends have made it easier to connect with payment gateway and process automated payments directly from the same software with real-time insights. The COVID-19 pandemic had a positive impact on the global market. Social distancing during COVID-19 resulted in the growth of online investment platforms with several tools in one software. These tools, including budgeting, financial goal management, and retirement planning, have driven the adoption of such software by individuals to achieve financial stability.

Personal Finance Software Market Report Highlights

  • The investment tracker segment is anticipated to grow considerably from 2023 to 2030 due to the rising importance of investments. The rising inflation rates worldwide have forced individuals to invest money and plan for future financial goals
  • The mobile-based software segment is projected to register the fastest CAGR over the forecast period. Mobile-based software is more convenient and easier to use, which drives the segment’s growth. Moreover, the preference for mobile access globally is expected to contribute to the segment’s growth
  • The cloud segment is projected to grow considerably from 2023 to 2030 due to the rising need for investments in cloud infrastructure and platforms. Moreover, emphasis on incorporating technology in operations is expected to bode well for the cloud segment’s growth
  • The individuals segment dominated the market in 2022 due to the advantages provided by personal finance software, such as better financial planning and stability. Rising awareness about the need for financial management is also expected to drive the segment growth
  • North America dominated the market in 2022. The high-income earning potential of the region contributes to the need for personal money management. Moreover, North America is a hub of technological innovation, further driving regional market growth

Table of Contents

Chapter 1 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.4 Information Analysis
1.4.1 Market Formulation & Data Visualization
1.4.2 Data Validation & Publishing
1.5 Research Scope And Assumptions
1.6 List To Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Personal Finance Software Market Variables And Trends
3.1 Market Lineage Outlook
3.2 Industry Value Chain Analysis
3.3 Market Dynamics
3.3.1 Market Driver Impact Analysis
3.3.1.1 Rise In Internet And Smartphone Penetration
3.3.1.2 Growing Investments In Personal Finance Software
3.3.2 Market Challenge Impact Analysis
3.3.2.1 Lack Of Awareness Regarding Personal Finance Software
3.3.3 Market Opportunity Impact Analysis
3.3.3.1 Growing Digitalization Across Banking And Investment Platforms
3.4 Impact Of COVID-19 Pandemic
3.5 Industry Analysis Tools
3.5.1 Porter’s Analysis
3.5.2 Pestel Analysis
Chapter 4 Personal Finance Software Market: Tools Estimates & Trend Analysis
4.1 Tools Movement Analysis & Market Share, 2022 & 2030
4.2 Personal Finance Software Market Estimates & Forecast, By Tools
4.2.1 Budget Planner
4.2.2 Retirement Planner
4.2.3 Investment Tracker
4.2.4 Others
Chapter 5 Personal Finance Software Market: Type Estimates & Trend Analysis
5.1 Type Movement Analysis & Market Share, 2022 & 2030
5.2 Personal Finance Software Market Estimates & Forecast, By Type
5.2.1 Desktop-based Software
5.2.2 Mobile-based Software
Chapter 6 Personal Finance Software Market: Deployment Estimates & Trend Analysis
6.1 Deployment Movement Analysis & Market Share, 2022 & 2030
6.2 Personal Finance Software Market Estimates & Forecast, By Deployment
6.2.1 Cloud
6.2.2 On-premise
Chapter 7 Personal Finance Software Market: End-user Estimates & Trend Analysis
7.1 End User Movement Analysis & Market Share, 2022 & 2030
7.2 Personal Finance Software Market Estimates & Forecast, By End User
7.2.1 Individuals
7.2.2 Small Businesses
Chapter 8 Personal Finance Software Market: Regional Estimates & Trend Analysis
8.1 Personal Finance Software Market: Regional Outlook
8.2 North America
8.2.1 North America Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.2.2 U.S.
8.2.2.1 U.S. Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.2.3 Canada
8.2.3.1 Canada Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.3 Europe
8.3.1 Europe Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.3.2 UK
8.3.2.1 UK Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.3.3 Germany
8.3.3.1 Germany Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.3.4 France
8.3.4.1 France Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.4 Asia Pacific
8.4.1 Asia Pacific Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.4.2 China
8.4.2.1 China Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.4.3 India
8.4.3.1 India Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.4.4 Japan
8.4.4.1 Japan Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.4.5 Australia
8.4.5.1 Australia Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.4.6 South Korea
8.4.6.1 South Korea Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.5 Latin America
8.5.1 Latin America Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.5.2 Brazil
8.5.2.1 Brazil Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.5.3 Mexico
8.5.3.1 Mexico Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.6 MEA
8.6.1 MEA Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.6.2 UAE
8.6.2.1 UAE Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.6.3 The Kingdom Of Saudi Arabia (KSA)
8.6.3.1 The Kingdom Of Saudi Arabia (KSA) Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
8.6.4 South Africa
8.6.4.1 Soth Africa Personal Finance Software Market Estimates & Forecasts, 2017 - 2030 (USD Million)
Chapter 9 Personal Finance Software Market - Competitive Landscape
9.1 Company Categorization
9.2 Participant’s Overview
9.2.1 Quicken Inc.
9.2.2 The Infinite Kind
9.2.3 Intuit, Inc. (Mint)
9.2.4 You Need A Budget Llc
9.2.5 Buxfer Inc.
9.2.6 Doxo Inc.
9.2.7 Money Dashboards
9.2.8 Moneyspire Inc.
9.2.9 Personal Capital Corporation
9.2.10 Pocket Smith Ltd.
9.3 Financial Performance
9.4 Product Benchmarking
9.5 Company Market Positioning
9.6 Company Market Share Analysis, 2022
9.7 Company Heat Map Analysis
9.8 Strategy Mapping
9.8.1 Merger & Acquisition
9.8.2 Business Expansion
9.8.3 Collaborations
9.8.4 New Product Launches
List of Tables
Table 1 Global personal finance software market, by tools, 2017 - 2030 (USD Million)
Table 2 Global personal finance software market, by type, 2017 - 2030 (USD Million)
Table 3 Global personal finance software market, by deployment, 2017 - 2030 (USD Million)
Table 4 Global personal finance software market, by end user, 2017 - 2030 (USD Million)
Table 5 Global personal finance software market, by region, 2017 - 2030 (USD Million)
Table 6 Company Market Share, 2022
Table 7 Company Heat Map Analysis
Table 8 Key companies undergoing merger & acquisition
Table 9 Key companies undergoing business expansions
Table 10 Key companies undergoing collaborations
Table 11 Key companies launching new products
List of Figures
Fig. 1 Personal Finance Software Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Segment Snapshot
Fig. 9 Competitive Landscape Snapshot
Fig. 10 Personal Finance Software Market - Industry Value Chain Analysis
Fig. 11 Personal Finance Software Market Dynamics
Fig. 12 Personal Finance Software Market: PORTER’s Analysis
Fig. 13 Personal Finance Software Market: PESTEL Analysis
Fig. 14 Personal Finance Software Market, by Tools: Key Takeaways
Fig. 15 Personal Finance Software Market, by Tools: Market Share , 2022 & 2030
Fig. 16 Personal Finance Software Market, by Budget Planner, 2017 - 2030 (USD Million)
Fig. 17 Personal Finance Software Market, by Retirement Planner, 2017 - 2030 (USD Million)
Fig. 18 Personal Finance Software Market, by Investment Tracker, 2017 - 2030 (USD Million)
Fig. 19 Personal Finance Software Market, by Others, 2017 - 2030 (USD Million)
Fig. 20 Personal Finance Software Market, by Type: Key Takeaways
Fig. 21 Personal Finance Software Market, by Type: Market Share, 2022 & 2030
Fig. 22 Personal Finance Software Market, by Desktop-based Software, 2017 - 2030 (USD Million)
Fig. 23 Personal Finance Software Market, by Mobile-based Software, 2017 - 2030 (USD Million)
Fig. 24 Personal Finance Software Market, by Deployment: Key Takeaways
Fig. 25 Personal Finance Software Market, by Deployment: Market Share, 2022 & 2030
Fig. 26 personal finance software market, by cloud, 2017 - 2030 (USD Million)
Fig. 27 personal finance software market, by on-premise, 2017 - 2030 (USD Million)
Fig. 28 Personal Finance Software Market, by End User: Key Takeaways
Fig. 29 Personal Finance Software Market, by End User: Market Share, 2022 & 2030
Fig. 30 Personal Finance Software Market, by Individuals, 2017 - 2030 (USD Million)
Fig. 31 Personal Finance Software Market, by Small Businesses, 2017 - 2030 (USD Million)
Fig. 32 Personal Finance Software Market Revenue, By Region, 2022 & 2030 (USD Million)
Fig. 33 Regional Marketplace: Key Takeaways
Fig. 34 Regional Marketplace: Key Takeaways
Fig. 35 North America personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 36 U.S. personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 37 Canada personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 38 Europe personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 39 UK personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 40 Germany personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 41 France personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 42 Asia Pacific personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 43 China personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 44 India personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 45 Japan personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 46 Australia personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 47 South Korea personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 48 Latin America personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 49 Brazil personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 50 Mexico personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 51 MEA personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 52 UAE personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 53 The Kingdom Of Saudi Arabia (KSA) personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 54 South Africa personal finance software market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 55 Key Company Categorization
Fig. 56 Company Market Positioning
Fig. 57 Company Market Share Analysis, 2022
Fig. 58 Strategic framework

Companies Mentioned

  • Quicken Inc.
  • The Infinite Kind
  • Intuit, Inc. (Mint)
  • You Need A Budget Llc
  • Buxfer Inc.
  • Doxo Inc.
  • Money Dashboards
  • Moneyspire Inc.
  • Personal Capital Corporation
  • Pocket Smith Ltd.

Methodology

Loading
LOADING...

Table Information