Steady Expansion Forecast for Personal Finance Management Market, Projected to Reach $1.66 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Personal Finance Management Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of personal finance management has seen a robust growth in the past few years. It's projected to rise from $1.12 billion in 2024 to $1.22 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.4%. Factors contributing to its growth during the historical period include increased smartphone usage, growing awareness about financial literacy, expanded digital banking adoption, escalating personal debt, and a heightened emphasis on budgetary control.

Personal Finance Management Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market for personal finance management is predicted to witness robust expansion. It's anticipated to reach a value of $1.66 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.1%. The surge during the forecast period can be associated with the growing implementation of blockchain in finance, an escalating demand for financial wellness solutions, heightened regulatory backing for fintech, an emerging trend of subscription models, and increasing worries about data privacy and safety. Top trends during this predicted period encompass improvements in AI-driven budgeting tools, enhanced data analytics which provide personalized insights, emergence of voice-activated financial assistants, evolution in subscription-centric finance applications, and advancements in open banking integrations.

View the full report here:
https://www.thebusinessresearchcompany.com/report/personal-finance-management-global-market-report

What Are the Drivers Transforming the Personal Finance Management Market?
The burgeoning use of smartphones is anticipated to fuel the expansion of the personal finance management market in the future. The term 'smartphone penetration' is indicative of the proportion of a population owning or using a smartphone consistently within a particular region or market. The rise in smartphone penetration can be attributed to the broadening of internet connectivity, which facilitates wider access to digital services, interaction and internet content. Smartphones contribute significantly to personal finance management by providing extensive access to mobile finance applications that assist users in tracking expenditures, managing budgets, and making strategic financial decisions at any given time or place. For example, a study conducted by Uswitch Limited, a UK-based firm that offers online and telephone comparison services, revealed that there were 71.8 million active mobile connections in 2022, marking a 3.8% increase from the previous year. Furthermore, the UK's population is projected to reach 68.3 million by 2025, with an expected 95% of them owning smartphones. Therefore, the growth in smartphone penetration is driving the personal finance management market's expansion.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=27084&type=smp

What Long-Term Trends Will Define the Future of the Personal Finance Management Market?
Leading firms in the personal finance management sector are prioritizing the creation of innovative platforms like hybrid finance management and integrating budgeting, financial planning, and investment tracking into a unified platform. Hybrid finance management platforms are digital platforms that combine conventional budgeting features with advanced financial services such as investment monitoring, advisory support, and goal-setting, thereby providing an all-in-one solution for personal finance. For example, Quicken Inc., a financial software company based in the US, introduced "Quicken Classic Business and Personal for Mac" in December 2023 - a unique solution catering to Mac users to manage their business and personal finances on one single platform. This application, designed specifically for Mac, enables users to efficiently manage all financial aspects through one unified interface, including features like integrated account tracking, customizable budgeting and reporting, bill payments, investment monitoring, as well as specialized tools designed for tax planning and managing rental properties.

Which Segments in the Personal Finance Management Market Offer the Most Profit Potential?
The personal finance management market covered in this report is segmented -

1) By Component: Software, Services
2) By Technology Type: Machine Learning, Predictive Analytics, Natural Language Processing
3) By Platform: Web-Based, Mobile-Based
4) By Application: Budget Management, Investment Management, Debt Management, Retirement Planning, Expense Tracking
5) By End-User: Individual Consumers, Financial Institutions

Subsegments:
1) By Software: Budgeting Software, Investment Tracking Software, Tax Management Software, Debt Management Software, Retirement Planning Software, Mobile Applications
2) By Services: Managed Services, Consulting Services, Support And Maintenance Services, Financial Advisory Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=27084&type=smp

Which Firms Dominate the Personal Finance Management Market by Market Share and Revenue in 2025?
Major companies operating in the personal finance management market are Intuit Inc., Empower Personal Wealth LLC, Revolut Ltd., Social Finance Inc., Zeta Help Inc., Chime Financial Inc., Quicken Inc., Betterment LLC, Perfios Software Solutions Pvt. Ltd., Albert Inc., Stash Financial Inc., Acorns Grow Inc., Monarch Money Inc., Dayspring Technologies Inc., Spendee A.S., Toshl Inc., Buxfer Inc., CountAbout Corporation, PocketGuard Inc., Vrid Wealth Technology Solutions Pvt Ltd.

Which Regions Offer the Highest Growth Potential in the Personal Finance Management Market?
North America was the largest region in the personal finance management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the personal finance management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=27084

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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.