Press release
Personal Financial Management Tool Market Prospects Outlook 2019-2023 and Top Key Players - BridgeTrack, FinanceWorks, Intuit, Geezeo, Mint, MoneyDesktop
Personal finance software manages bank accounts, credit cards, income, investments, expenditure, and all financial transactions of an individual in a smartphone or PC. It manages payrolls and monetary transactions by helping an individual to manage monthly expenses efficiently. These software utilize variety of financial data as input and function similar to a dashboard for the user's money to help track transactions and alert the user when a problem arises.The growth of the global personal finance software market is driven by rise in need for advanced financial tools, rise in need to track and manage income, increase in dependency on internet, and growth in use of mobile applications. However, low awareness about personalized financial products and services and availability of open source solutions are some of the major restraints of this market. On the contrary, increased adoption of personal finance software among developing economies is expected to provide potential opportunities for market expansion.
Top Companies Covered in this Report:
BridgeTrack, FinanceWorks, Intuit, Geezeo, Mint, MoneyDesktop, SapientNitro, Strands Finance, Wells Fargo, Yodlee,
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Mobile-based personal finance software is expected to grow at a significant pace during the forecast period. The small business users segment led the market in 2016, and is expected to continue to this trend in the near future. Furthermore, North America is expected to dominate the overall market during the forecast period, as it is the highest adopter of financial technologies.
The report focuses on the growth prospects and restraints of the market based on the analysis of regional trends. The study provides Porter’s Five Forces analysis of the industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of the market.
Major Types of Personal Financial Management Tool covered are:
General
Professional
Major Applications of Personal Financial Management Tool covered are:
Account Information Management
Credit Card Management
Investment Analysing
Others
The report has been collated as a result of the qualitative and quantitative research, first-hand information, and inputs from industry professionals and industry participants across the value chain. The study also provides a detailed assessment of the current market trends, micro- and macroeconomic indicators and governing factors, as well as the market attractiveness, as per the segments and sub-segments. The report also focuses on the qualitative impact of the different Personal Financial Management Tool market factors on market segments and geographies.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Personal Financial Management Tool Market Size
2.2 Personal Financial Management Tool Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Personal Financial Management Tool Market Size by Manufacturers
3.2 Personal Financial Management Tool Key Players Head office and Area Served
3.3 Key Players Personal Financial Management Tool Product/Solution/Service
3.4 Date of Enter into Personal Financial Management Tool Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Personal Financial Management Tool Sales by Product
4.2 Global Personal Financial Management Tool Revenue by Product
4.3 Personal Financial Management Tool Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Personal Financial Management Tool Breakdown Data by End User
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In the last section of the report, the global Personal Financial Management Tool market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Personal Financial Management Tool Market.
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