#MONEYSPIRE AND CHECK PRINTING SOFTWARE#
The key players profiled in the global personal finance software market analysis are Buxfer Inc., Doxo Inc., Money Dashboard, Microsoft Corporation, Moneyspire Inc., Personal Capital Corporation, PocketSmith Ltd., The Infinite Kind, You Need a Budget LLC, and Quicken Inc. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Based on end-user, the market is categorized into small business and individual.
Based on product type, the market is bifurcated into web-based software and mobile-based software. The global personal finance software market is segmented based on product type, end-user, and region. Furthermore, increased adoption of personal finance software among developing economies is expected to provide lucrative opportunities for the market growth. However, security and compliance issues in personal finance software and availability of open source finance software hamper the growth of the market. In addition, increase in focus of organizations on digitization of their financial services and upsurge in internet users across the globe fuel the growth of the market. Rise in need to track & manage income of consumers and surge in mobile applications across the globe are the major factors that drive the growth of the market. Moreover, many banks also adopt this software to reduce human error and to complete a complicated task more efficiently in less time. In addition, personal finance software provides numerous benefits to its clients such as online banking, report groups, check printing, mobile billing, and various others. Furthermore, various banks and fintech companies adopt this software to manage their financial module and to increase their productivity, thereby fueling the market growth. In addition, it includes different modules for processing of financial information, including creating asset plan, and monitoring & reassessment of the asset. Personal finance software is a platform, which provides several functionalities to the user such as generating reports of the assets, tracking the budget, and analyzing the user investment performance. Personal Finance Software Market by Product Type (Web-based Software and Mobile-based Software) and End-User (Small Business and Individual): Global Opportunity Analysis and Industry Forecast, 2020–2027
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