Report

Financial Planning Software Market By Component (Solution, Services); By Deployment Mode (On-premises, Cloud); By Application (Financial Advice and Management, Portfolio, Accounting, and Trading Management, Wealth Management, Personal Banking, Others); By End-User (Large Enterprises, Small and Medium-sized Enterprises (SMEs), Individuals)- Global Opportunity Analysis and Industry Forecast To 2030

  • Publish Date: Jul,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global financial planning software market size was US$ 3.7 billion in 2021. The global financial planning software market size is forecast to reach US$ 16.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.6% during the forecast period from 2022 to 2030.

Financial planning software is a program that combines and separates a user's financial data in order to produce a desired analytical output for better financial planning. This software program accepts a wide range of financial data and may use for many tasks, including financial transactions, bank records management, investment tracking, budget management, portfolio management, etc.

Factors Influencing Market Growth
The rising need to track & manage the income of consumers and growing mobile applications globally drive the global financial planning software market.
The rising focus of organizations on digitalizing their financial services and an expansion in internet users boost the global market growth.
Safety and compliance problems in financial planning software and the presence of open-source finance software may slow down the overall market growth.
Increasing adoption of finance software among developing economies and the growing number of high net worth individuals are forecast to offer lucrative opportunities for the global financial planning software market during the forecast period.

Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global market growth. During the COVID-19 pandemic, businesses were managing operational challenges. In order to deal with this problem, many banks and financial institutions are offering new digital tools and strategies to their consumers, with financial planning software being one of the most popular. In addition, the expansion in online and mobile banking among end-users in this epidemic presents tremendous possibilities for financial planning software. Furthermore, many banks and FinTech companies have created a variety of appealing banking tactics to encourage SMEs and consumers to use financial planning software, resulting in significant market growth potential.

Regional Insights
North America garnered the major market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the increasing internet dependence, rising usage of mobile apps, growing acceptance of personal finance software, and the availability of open-source solutions.

The Asia Pacific region is forecast to have lucrative growth during the forecast period. As a result of the growing demand for financial planning software from SMEs as regulatory conditions become more severe. In addition, the rising number of SMEs in economies such as India and China increases the need for financial planning software.

Leading Competitors
The leading prominent companies profiled in the global financial planning software market are:
Advicent Solutions (NaviPlan)
eMoney Advisor, LLC.
Moneytree Software
MoneyGuide, Incorporated
Miles Software
MoneyGuide, Inc. (Envestnet)
Personal Capital Corporation
RightCapital Incorporated
Quicken Incorporated
SAP SE
Other Prominent Players

Scope of the Report
The global financial planning software market segmentation focuses on Component, Deployment Mode, Application, End-User, and Region.
Segmentation based on Component
Solution
Services
Segmentation based on Deployment Mode
On-premises
Cloud
Segmentation based on Application
Financial Advice and Management
Portfolio, Accounting, and Trading Management
Wealth Management
Personal Banking
Others
Segmentation based on End-User
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Individuals
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Meta Title: Financial Planning Software Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Financial Planning Software Market is projected to reach US$ 16.9 billion by end of 2030 from US$ 3.7 billion in 2021, at a CAGR of 16.6%
Meta Keywords: financial planning software market Size, financial planning software market share, financial planning software market trend, financial planning software market Forecast, financial planning software market insight