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Global Personal Finance Software Market 2017-2021

Global Personal Finance Software Market 2017-2021

About Personal Finance Software

Personal finance software helps to manage credit cards, investments, bank accounts, income, and expenditure of an individual in a smartphone or PC. It has the capability to manage payrolls and monetary transactions by helping an individual to manage monthly expenses efficiently. These software function like a dashboard for the user's money that helps in tracking transactions and alerting the user when a problem arises.

Technavio’s analysts forecast the global personal finance software market to grow at a CAGR of 5.14% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global personal finance software market for 2017-2021. To calculate the market size, the report considers the installations of personal finance software, which are downloaded as mobile applications or on a computer system.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Personal Finance Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Quicken
  • The Infinite Kind
  • YNAB
  • BUXFER
Other prominent vendors
  • Alzex software
  • Microsoft
  • doxo
  • Personal Capital
  • Money Dashboard
  • Prosper Funding
  • PocketSmith
  • CountAbout
  • Finicity
  • Moneyspire
  • CoinKeeper
  • BankTree Software
  • NCH Software
  • Easy Life
  • MechCAD Software
Market driver
  • Growing dependency on the Internet
  • For a full, detailed list, view our report
Market challenge
  • Availability of open-source solutions
  • For a full, detailed list, view our report
Market trend
  • Availability of mobile applications
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Personal Finance Software Market 2017-2021

Technavio recognizes the following companies as the key players in the global personal finance software market: Quicken, The Infinite Kind, YNAB, and BUXFER.

Other Prominent Vendors in the market are: Alzex software, Microsoft, Doxo, Personal Capital, Money Dashboard, Prosper Funding, PocketSmith, CountAbout, Finicity, Moneyspire, CoinKeeper, BankTree Software, NCH Software, Easy Life, and MechCAD Software.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is availability of mobile applications. The increasing reach of mobile networks has led to an increased penetration of mobile phones. Thus, the adoption of mobile communication services in rural areas has increased significantly. This encourages the organizations to adopt mobile collaboration services that will help in increasing the profitability of their business. In addition, the availability of low-cost handsets is accelerating the adoption of mobile phones among people.”

According to the report, one of the major drivers for this market is Growing dependency on the Internet. One of the key drivers of this market is the increased use of the Internet for day-to-day activities and critical operations. People tend to post personal information on the Internet as Internet penetration is growing worldwide. Further, companies are offering storage services on the cloud, which is leading to the storage of critical information on the web. Moreover, banks and payment card companies are enabling customers to make transactions, such as online transactions and payments, using the Internet. Although online methods have benefits over traditional methods, they come with high-security risks. Personal finance software helps to keep track of such transactions and manage the money flow.

Further, the report states that one of the major factors hindering the growth of this market is Availability of open-source solutions. Open-source software is posing a serious threat to the market because of technological developments. The global personal finance software market is witnessing increased adoption of open-source personal finance software solutions. Most of the small-scale enterprises and individual users worldwide have low capital and cannot invest in expensive personal finance software solutions. Hence, they adopt open-source solutions to manage their business operations and day-to-day expenditure with no capital investment. It tends to be an extremely economical solution for organizations with limited resources and expertise at their disposal.

Companies Mentioned

Quicken, The Infinite Kind, YNAB, BUXFER, Alzex software, Microsoft, Doxo, Personal Capital, Money Dashboard, Prosper Funding, PocketSmith, CountAbout, Finicity, Moneyspire, CoinKeeper, BankTree Software, NCH Software, Easy Life, and MechCAD Software.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Market assumptions
    • Table Market assumptions
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global personal finance software market: Overview
    • Product lifecycle analysis
      • Table Product lifecycle in 2016
    • Market size and forecast
      • Table Global personal finance software market 2016-2021 ($ millions)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global personal finance software market by product in 2016 (% share)
      • Table Global personal finance software market by product 2016-2021 (% share)
    • Web-based software
      • Table Global web-based personal finance software market 2016-2021 ($ millions)
    • Mobile-based software
      • Table Global mobile-based personal finance software market 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Global personal finance software market by end-users 2016 (% share)
      • Table Global personal finance software market by end-users 2016-2021 (% share)
    • Home business users
      • Table Global personal finance software for home business users 2016-2021 ($ millions)
    • Individual consumer
      • Table Global personal finance software for individual consumer 2016-2021 ($ millions)
  • Geographical segmentation
    • Table Global personal finance software market by geography in 2016 (% share)
    • Table Global personal finance software market by geography 2016-2021 (% share)
    • Americas
      • Table Personal finance software market in Americas 2016-2021 ($ millions)
    • EMEA
      • Table Personal finance software market in EMEA 2016-2021 ($ millions)
    • APAC
      • Table Personal finance software market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Availability of mobile applications
    • SaaS-based application scheduling software
    • Availability of fully-automated solutions
  • Buying criteria
    • Table Buying criteria
  • Vendor landscape
    • Competitive scenario
    • Product offerings
      • Table Product offerings of the key vendors
    • Competitive analysis
      • Table Competitive analysis in 2016
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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