Financial Planning Software Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Service); By Deployment; By End Use; By Application; By Region; Segment Forecast, 2022- 2030

The global financial planning software market size is expected to reach USD 25.16 billion by 2034, according to a new study by Polaris Market Research. The report “Financial Planning Software Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, and Service); By Deployment; By End-Use; By Application; By Region; Segment Forecast, 2025-2034” gives a detailed insight into the current market dynamics and provides analysis on future market growth.

Financial planning is used to help people or businesses manage their finances, company records, and other accounting needs. It can maintain financial accounts, classify income and spending, synchronize transactions with banks and credit card providers, work with schedules, analyze investments and tax reports, and even display snapshots of financial net worth. With various advantages such as reduced portfolio risk, demand for alternative investments continues to increase in the market. Furthermore, money advisors are investing in new methods like artificial intelligence (AI) and digital authentication (ID) to improve client experience, financial performance, and operational efficiency.

As a result, the numerous advantages associated with advanced technologies considerably contribute to the expansion of the global banking planning software market. However, the government's tight laws and regulations for wealth management businesses, as well as a lack of price transparency and increasing fees, are some of the obstacles impeding market expansion. On the contrary, an increasing population of HNWI individuals demanding customized solutions is expected to augment the growth for financial analysts to remain competitive and gain deep insights into the market's products and services.

However, compliance and security issues associated with this software, as well as the availability of open-source finance software, are impeding the market growth. Furthermore, increased financial software adoption in developing economies, as well as an increase in the number of high-net-worth individuals, are expected to provide a lucrative financial planning software market opportunity.

Financial Planning Software Market Report Highlights

North America is the dominating region in the global market, in 2024. This is primarily due to the presence of high-net-worth individuals seeking real-time financial planning solutions

By product type, cloud-based is more popular due to less time consumption and easy data navigation to alter the data and upload on the web.

Global market includes RightCapital, quicken, MoneyGuide, Miles Software, MoneyGuide (Envestnet), Personal Capital, SAP Advicent Solutions (NaviPlan), eMoney Advisor, and Moneytree Software.

Polaris Market Research has segmented the financial planning software market report based on deployment, component, end-Use, application, and region:

Financial Planning Software, Component Outlook (Revenue - USD Billion, 2020 - 2034)

Software

Services

Financial Planning Software, Deployment Outlook (Revenue - USD Billion, 2020 - 2034)

Cloud

On-premises

Financial Planning Software, Application Outlook (Revenue - USD Billion, 2020 - 2034)

Financial Advice and Management

Portfolio, Accounting, and Trading Management

Wealth Management

Personal Banking

Others

Financial Planning Software, End-Use Outlook (Revenue - USD Billion, 2020 - 2034)

Small and Medium Enterprises (SME's)

Large Enterprises

Individual Purpose

Others

Financial Planning Software, Regional Outlook (Revenue - USD Billion, 2020 - 2034)

North America

U.S

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa Show more