The report presents a detailed analysis of the following key players in the United States personal finance software industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions: A lack of awareness of personalized financial products and services and the accessibility of open-source solutions is anticipated to hamper the industry growth in the coming years. The growth of the US market for personal finance applications is driven by the growing need for sophisticated financial tools, technical advancement associated with new product development, and the availability of low-cost goods. This allows small or home businesses to easily manage their funding and business activities by allowing effective planning and management of cash flows and outflows. The expansion of the industry is driven by the development of this software by small or home business users. The EMR report looks into the regional markets like New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. The industry can be broadly categorised based on its end-use into: This method uses a variety of financial information as an input and could be used for various activities like financial transactions, bank records management, investment monitoring, budget management, portfolio management, etc.īased on the product type, the industry can be divided into: Personal finance software refers to a tool that integrates and segregates the financial data of the consumer so that a desired analytical performance is generated for better financial planning.
Personal finance software 2017 pdf#
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF The industry is majorly being driven by the rising penetration of the internet in the market. The industry is further expected to grow in the forecast period of 2022-2027 at a CAGR of 5.5% to reach USD 335 million by 2026. The United States personal finance software industry attained a value of USD 242.5 million in 2020. View source version on businesswire.United States Personal Finance Software Market Outlook If you are interested in more information, please contact our media team at. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Technavio is a leading global technology research and advisory company. Analysis of top vendors (BUXFER, Quicken, The Infinite Kind, YNAB).Market segmentation by end-user (home business users and individual consumers).Regional comparison (APAC, Americas, EMEA).Global Personal Finance Software Market Overview.Technavio’s report provides expert market research on the following topics: Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Looking for more information on this market? Request a free sample report It is expected that the increasing adoption of mobile devices will offer a huge opportunity to mobile based personal finance software providers. Further, service providers are offering low cost data packages in rural areas to motivate end-users to use mobile broadband. This encourages organizations to adopt mobile collaboration services that will help in increasing the profitability of their business. The adoption of mobile communications services in rural areas along with the availability of low-cost handsets is accelerating the adoption of mobile phones among people. The increasing reach of mobile networks has led to an increase in the penetration of mobile phones. Availability of mobile applications is an emerging trend in the ICT space.
0 kommentar(er)
