openPR Logo
Press release

Personal Finance Software Market Poised for 8.5 % Growth, Set to Hit $90.88 Billion by 2029

Personal Finance Software

Personal Finance Software

What industry-specific factors are fueling the growth of the personal finance software market?
The personal finance software market's expansion is predicted to be fueled by a rising demand for customised and secure digital services. These digital services involve the transmission of information and content across various platforms and devices, including the internet and mobile phones. Personal finance software is a tool for managing finances that simplifies the customer's financial routine. It educates users about individual monetary issues and provides added security through warning alerts when issues occur. Furthermore, this software notifies users when their set targets are surpassed. Therefore, it offers personal financial services that are secure and customized through web-based or concrete software. As an example, The Economist, a British newspaper and media agency reported in 2022 that 58% of banks across the globe use technology such as artificial intelligence for personalised digital services. Consequently, the growing need for secure and personalised digital services is encouraging the personal finance market.

Get Your Personal Finance Software Market Report Here:
https://www.thebusinessresearchcompany.com/report/personal-finance-software-global-market-report

What is the projected compound annual growth rate (CAGR) of the personal finance software market from 2025 to 2034, and what factors influence it?
The market for personal finance software has witnessed substantial growth in the last few years. The market, which was valued at $1.81 billion in 2024, is projected to reach $1.92 billion in 2025, realizing a compound annual growth rate (CAGR) of 5.9%. Factors contributing to the increase in the historical period include growing financial consciousness, evolving consumer actions, the surge of online banking and transactions, the transition to cashless transactions, and the rise of financial technology solutions.

In the coming years, the personal finance software market is expected to witness robust growth, with an anticipation of reaching $2.66 billion in 2029. This corresponds to a compound annual growth rate (CAGR) of 8.5%. The predicted growth during the forecast period can be attributed to multiple factors including enhanced focus on financial literacy, a surge in digital and remote working trends, integration with banking and financial services, and a rising emphasis on budgeting and expanding target demographics. The major trends predicted during the forecast period involve focusing on financial wellness and education, applying behavioral economics to engage users, adding customization and personalization features, teaming up with fintech startups, and broadening subscription-based models.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9105&type=smp

What new trends are reshaping the personal finance software market and its opportunities?
Significant players in the personal finance software industry are focusing on the development of novel and cutting-edge technologies, like personal financial tracking software, to make financial management more effective and less time-consuming. Personal financial tracking software are digital aids that allow individuals to oversee and control their finances by monitoring income, outgoings, budgeting, and investments. In particular, CRED, an Indian financial technology firm, launched its personal financial management tool called CRED Money in July 2024 to streamline finance tracking and management for its users. This platform offers a consolidated view of the balances and transactions from various bank accounts, empowering users to study their spending patterns and manage recurring expenses like SIPs, EMIs, and rent in a better way. CRED Money, with its functionality of timely payment reminders and the ability to trace forgotten transactions, seeks to improve financial decision-making, while ensuring data safety through the account aggregator framework in India.

What major market segments define the scope and growth of the personal finance software market?
The personal finance software market covered in this report is segmented -

1) By Product Type: Web-Based Software, Mobile-Based Software
2) By Deployment Types: Cloud, On-Premise
3) By End User: Small Businesses Users, Individual Consumers

Subsegments:
1) By Web-Based Software: Budgeting Software, Expense Tracking Software, Investment Management Software, Tax Preparation Software, Financial Planning Software
2) By Mobile-Based Software: Budgeting Apps, Expense Tracking Apps, Investment Management Apps, Personal Finance Management Apps, Bill Payment Apps

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9105

Which region dominates the personal finance software market?
North America was the largest region in the personal finance software market in 2024. The regions covered in the personal finance software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the personal finance software industry growth?
Major companies operating in the personal finance software market include Moneyspire Inc., Mint, Personal Capital Corporation, Acorns Grow Inc., Simplifi Holdings Inc., You Need a Budget LLC, Quicken Inc., Wally Global Inc., PocketGuard, Inc., Money Dashboard, Albert Corporation, PocketSmith Ltd., The Infinite Kind, BankTree Software Ltd., CountAbout Corporation, SilverWiz, Buxfer Inc., HomeBudget, Tiller Money, GoodBudget, Dollarbird Technologies, Fudget, EveryDollar, Frollo

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=9105&type=smp

What Is Covered In The Personal Finance Software Global Market Report?

•Market Size Forecast: Examine the personal finance software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the personal finance software market for a structured understanding.
•Key Players Overview: Analyze major players in the personal finance software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the personal finance software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the personal finance software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the personal finance software market.
•Industry Challenges: Identify potential risks and obstacles affecting the personal finance software market.
•Competitive Landscape: Review strategic developments in the personal finance software market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Personal Finance Software Market Poised for 8.5 % Growth, Set to Hit $90.88 Billion by 2029 here

News-ID: 3911160 • Views:

More Releases from The Business Research Company

Drug Delivery Devices Market Expected to Achieve 6.2% CAGR by 2029: Growth Forecast Insights
Drug Delivery Devices Market Expected to Achieve 6.2% CAGR by 2029: Growth Forec …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. How Large Will the Drug Delivery Devices Market Size By 2025? Recent years have seen a robust growth in the market size of drug delivery devices. The market will expand from $91.03 billion in 2024 to $95.99 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.4%.
Key Trends Influencing the Growth of the Breast Pumps Market in 2025: Innovative Electric Breast Pumps Transforming Lactation Experience For Modern Mothers
Key Trends Influencing the Growth of the Breast Pumps Market in 2025: Innovative …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Breast Pumps Market Through 2025? The size of the breast pumps market has seen swift expansion in the past few years, escalating from a value of $1.26 billion in 2024, expected to reach $1.4 billion in 2025. This growth, at a compound
Ambulatory IV infusion Pumps: Core Growth Enabler in the Growing Prevalence Of Chronic Diseases Fuels Demand For Ambulatory IV Infusion Pumps Market, 2025
Ambulatory IV infusion Pumps: Core Growth Enabler in the Growing Prevalence Of C …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Ambulatory IV infusion Pumps Industry Market Size Be by 2025? In recent times, there has been consistent growth in the market size of ambulatory IV infusion pumps. A rise from $0.88 billion in 2024 to $0.91 billion in 2025 is anticipated, projecting a compound annual growth
Navigating the Future: Dental X-Ray Equipment Market Trends and Forecast Insights, 2025 Edition
Navigating the Future: Dental X-Ray Equipment Market Trends and Forecast Insight …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Dental X-Ray Equipment Market Size Growth Forecast: What to Expect by 2025? The market size for dental x-ray equipment has experienced swift expansion in the past few years. The value is projected to escalate from $2.87 billion in 2024 to around $3.26 billion in 2025, boasting a compound annual

All 5 Releases


More Releases for Software

Takeoff Software Market May See a Big Move | Sage Software, Bluebeam Software, Q …
Latest Study on Industrial Growth of Takeoff Software Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Takeoff Software market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments
Robot Software Market Analysis by Software Types: Recognition Software, Simulati …
The Insight Partners provides you global research analysis on “Robot Software Market” and forecast to 2028. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Robot Software market during the forecast period, i.e., 2021–2028. Download Sample Pages of this research study at: https://www.theinsightpartners.com/sample/TIPRE00007689/?utm_source=OpenPR&utm_medium=10452
HR Software Market Analysis by Top Key Players Zenefits Software, Kronos Softwar …
HR software automates how companies conduct business with relation to employee management, training and e-learning, performance management, and recruiting and on-boarding. HR professionals benefit from HR software systems by providing a more structured and process oriented approach to completing administrative tasks in a repeatable and scalable manner. Every employee that is added to an organization requires management of information, analysis of data, and ongoing updates as progression throughout the company
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a
HR Software Market Analysis by Top Key Players – Zenefits Software, Kronos Sof …
HR software helps HR personnel automate many necessary tasks, such as maintaining employee records, time tracking, and benefits, which allows HR professionals to focus on recruiting efforts, employee performance and engagement, corporate wellness, company culture, and so on. These human management tools can be purchased and implemented as on premise or cloud-based software. This market studies report on the Global HR Software Market is an all-inclusive study of the enterprise sectors