Financial wellness software provides businesses with highly critical tools that are needed for implementation, management, and administration of various financial wellness programs. These solutions help companies equip their employees with financial management education, including budgeting, planning, and alleviating financial stress. The value of a good wellness solution has an impact across the organization, from employees to management and other decision makers.
MARKET DYNAMICS
Increasing demands from businesses across various sectors for tools to manage the financials in a better way is anticipated to be the major driver for the financial wellness software market. The lack of awareness about financial wellness software amongst the masses would challenge the growth of the financial wellness software market. The emerging end-users across various industry sectors and noteworthy rate of adoptions present ample opportunities for growth thereby creating more opportunities for the players operating in the financial wellness software market.
MARKET SCOPE
The "Global Financial Wellness Software Market Analysis to 2028" is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the financial wellness software market with detailed market segmentation by deployment model, enterprise size, end-user, and geography. The global financial wellness software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading financial wellness software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global financial wellness software market is segmented on the basis of deployment model, enterprise size, and end-user. Based on deployment model, the financial wellness software market is segmented into cloud and on-premise. On the basis of enterprise size, the financial wellness software market is segmented into Small and Medium Enterprises (SMEs) and large enterprises. Further, the financial wellness software market is segmented on the basis of end-user into corporate, Government, institutional, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global financial wellness software market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The financial wellness software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the financial wellness software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the financial wellness software in these regions.
MARKET PLAYERS
The reports cover key developments in the financial wellness software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from financial wellness software market are anticipated to lucrative growth opportunities in the future with the rising demand for financial wellness software in the global market. Below mentioned is the list of few companies engaged in the financial wellness software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the financial wellness software market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.
- Best Money Moves
- DHS Group
- Edukate
- Enrich
- Health Advocate
- Holberg Financial
- Integrity Data, Inc.
- Questis
- Sum180
- Workplace, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.