Personal finance apps is a tool designed to integrate the financial data of a user and segregate this information to deliver a desired analytical output for improved financial planning. This software tool utilizes variety of financial data as input and can be implemented for various tasks such as financial transactions, bank records management, investment tracking, budget management, portfolio management, and others.
MARKET DYNAMICS
Rise in need to track & manage income of consumers and surge in mobile application across the globe are the major factors that drive the growth of the market. In addition, increase in focus of organizations on digitalizing their financial services and upsurge in internet users across the globe fuel the growth of the market. However, security and compliance issues in personal finance software and availability of open source finance software hamper the growth of the market. Furthermore, increased adoption of personal finance apps among developing economies is expected to provide lucrative opportunities for the market growth.
MARKET SCOPE
The "Global Personal Finance Apps Market Analysis to 2028"? is a specialized and in-depth study of the personal finance apps market with a special focus on the global market trend analysis. The report aims to provide an overview of personal finance apps market with detailed market segmentation by platform, deployment. The global personal finance apps market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading personal finance apps market player and offers key trends and opportunities in the personal finance apps market.
MARKET SEGMENTATION
The global personal finance apps market is segmented on the basis of platform, deployment. On the basis of platform, market is segmented as android, IOS, others. On the basis of deployment, market is segmented as mobile phones, tablets, desktop, laptops.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global personal finance apps market based on various segments. It also provides market size and forecast estimates from 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 personal finance apps market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting personal finance apps market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the personal finance apps market in these regions.
MARKET PLAYERS
The reports cover key developments in the personal finance apps market 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 way for expansion of business and customer base of market players. The market players from personal finance apps market are anticipated to lucrative growth opportunities in the future with the rising demand for personal finance apps market. Below mentioned is the list of few companies engaged in the personal finance apps market.
The report also includes the profiles of key personal finance apps market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- 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
- Credit Karma, 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.