The new report by Expert Market Research titled, ‘United States Personal Finance Software Market Report and Forecast 2021-2026’, gives an in-depth analysis of the United States personal finance software market, assessing the market based on its segments like product type, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
The global personal finance software market is being driven by the growing demand for advanced financial tools, increasing requirements to track and control profits, and an increase in the use of mobile apps. The availability of open-source software and a lack of knowledge about personalized financial products and services, on the other hand, are major roadblocks to the personal finance software industry’s growth. On the other hand, technical advancements and low-cost products are increasing the adoption of personal finance software in developed countries, which is expected to open up lucrative opportunities for the personal finance software market in the forecast period.
Industry Definition and Major Segments
Personal finance software is a tool that combines and separates a consumer’s financial data to achieve optimal analytical performance for better financial planning. This approach accepts a wide range of financial data as input and can be used for a variety of tasks such as financial transactions, bank records management, investment tracking, budget management, portfolio management, and so on.
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Based on product type, the United States personal finance software market can be segmented into:
On the basis of end-use, the United States personal finance software market can be divided into:
Regional market of the United States personal finance software can be divided into:
The growth of the personal finance software market is being driven by an increase in demand from small businesses, as well as an increase in demand for safe, stable, and productive finance monitoring solutions at the individual level. Moreover, digitization in the BFSI field, a booming IT industry, and a growing tendency toward a budget-oriented lifestyle are expected to propel the personal finance software market. Furthermore, rising developments in IoT and API technology, as well as the expansion of telecommunication infrastructures and an increase in the number of tax-paying people, would boost the global personal finance software market’s growth in the coming years.
Key Market Players
The major players in the market are Microsoft Corporation., Quicken Inc, Buxfer, Inc, Countabout Corporation, Doxo inc, Igg Software, Inc., Moneyspire Inc. and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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