Press release
Sales Revenue of Personal Finance App Market to Soar in the Near Future Owing to Growing Consumer Adoption
Personal Finance App: Drivers and Restraints
The increasing penetration of smartphones, growing number of internet users and digitalization have elevated the demand for personal finance app in the market. Due to the benefits offered like quick payments of bills, tracking of multiple account finance, the convenience of customers, rise in need of advanced financial tools, increasing demand for low-cost products and shifting of few banks to online transaction mode have created a boost in the personal finance app market.
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In order to manage the accounts over personal finance app, customers need to daily update these applications. Also, people have a lot of security issues with the applications and thus avoid sharing the personal account details on the application. Such factors are declining the growth of personal finance app market.
Personal Finance App: Segmentation
Segmentation based on platform in Personal Finance App Market:
• Android
• iOS
• Others
Segmentation based on deployment type in Personal Finance App Market:
• Mobile phones
• Tablets
• Desktop
• Laptops
Personal Finance App: Competitive Landscape
The key players in the market are Intuit, Inc., Personal Capital Corporation, Lampo Licensing, LLC., You Need a Budget, Wally Yachts S.A., Acorns Grow, Inc., Robinhood Financial, LLC, Capital One Financial Corporation, Wealthfront Inc. and Credit Karma, Inc.
Regional Overview
North America is expected to the largest market of Personal Finance Apps. The majority of Personal Finance App vendors such as Personal Capital Corporation, Credit Karma, Inc. and, Lampo Licensing, LLC. are based in North America region. This is attributed to the significant adoption of smartphones in the region. Several other companies like Wally Yachts S.A. are also expanding their offering in Europe region thus the Personal Finance App market in this region is also anticipated to grow.
The report covers exhaustive analysis on:
Global Personal Finance App Market Segments
• Global Personal Finance App Market Dynamics
• Historical Actual Market Size, 2012 - 2016
• Global Personal Finance App Market Size & Forecast 2017 to 2027
• Supply & Demand Value Chain for Personal Finance App Market
• Global Personal Finance App Market Current Trends/Issues/Challenges
• Competition & Companies involved in Personal Finance App Market
• Personal Finance App Technology
• Value Chain of Sales Performance Management solutions
• Global Personal Finance App Market Drivers and Restraints
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