Personal Financial Management Tool Market Scope
Personal Financial Management Tools are the tools or software’s which is specifically designed for track and manage financial activities including bank accounts, transactions, funds, disbursements. Quicken, Mint, YNAB, TurboTax and others are the Software available for personal financial management.
The market study is being classified by Type (General and Professional), by Application (Account Information Management, Credit Card Management, Investment Analyzing and Others) and major geographies with country level break-up. According to AMA, the Global Personal Financial Management Tool market is expected to see growth rate of 6.1%
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Personal Financial Management Tool market throughout the predicted period.
Quicken Inc. (United States), You Need a Budget LLC (United States), Microsoft (United States), Moneyspire Inc. (United States), doxo Inc. (United States), Intuit (United States), Geezeo (United States), Mint (Australia), MoneyDesktop (United States), SapientNitro (United States) and Strands Finance (Spain) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Wells Fargo (United States), Yodlee (United States), BridgeTrack (United Kingdom), The Infinite Kind (Scotland), BUXFER INC. (United States), Personal Capital Corporation (United States), Money Dashboard (United Kingdom) and PocketSmith Ltd. (New Zealand).
AdvanceMarketAnalytics has segmented the market of Global Personal Financial Management Tool market by Type, Application and Region.
On the basis of geography, the market of Personal Financial Management Tool has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Small Business User will boost the Personal Financial Management Tool market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Inclination of Small Business Users towards Financial Product
- Fueling Requirement of Track and Manage Revenue
- Rising Demand for Financial Management Tools
- Growing Habit of Internet and Mobile
- Upsurging Demand of Financial Tools in Developing Countries
- Lack of Awareness Financial Tools
- Accessibility of Open Source Solutions
- Data Security and Safety
- Threat of New Entrance
Key Target AudiencePersonal Financial Tools Manufactures/Suppliers, Software Developers, Financial Institutes, Private Research Organizations, Government Research Organizations and Others
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