The Financial Planning Software by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Financial Planning Software Market:
https://www.thebusinessresearchcompany.com/report/financial-planning-software-global-market-report
According to The Business Research Company’s Financial Planning Software, The financial planning software market size has grown rapidly in recent years. It will grow from $4.26 billion in 2023 to $5.02 billion in 2024 at a compound annual growth rate (CAGR) of 17.9%. The growth in the historic period can be attributed to demographic shifts, globalization of markets, data security concerns, changing consumer behavior, integration with other systems, market volatility..
The financial planning software market size is expected to see rapid growth in the next few years. It will grow to $9.29 billion in 2028 at a compound annual growth rate (CAGR) of 16.6%. The growth in the forecast period can be attributed to economic recovery, financial literacy initiatives, focus on esg investing, subscription-based models, enhanced cybersecurity measures, regulatory compliance solutions.. Major trends in the forecast period include ai and machine learning integration, robo-advisors, blockchain integration, collaboration with fintech startups, cloud-based solutions, user-friendly interfaces..
The surge in mobile applications across the globe is expected to propel the growth of the financial planning software market going forward. Mobile application refers to the application software created specifically for mobile devices such as smartphones and tablets. Many financial planning apps on the market assist investors to keep track of their expenditures and revenue, creating budgets, and more, enabling professionals to manage clients’ assets and conduct other research with knowledge. Hence, surge in mobile applications across the globe will propel the market growth. For instance, in January 2021, according to the data published by Trulist, a US-based, web and software development, technology company, 2021, the total number of mobile applications downloaded worldwide reached several 230 billion, however, the google play app, as well as game downloads, increased by 2.5% in 2021. Therefore, the surge in mobile applications across the globe is driving the growth of the financial planning software market, going forward.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=9823&type=smp
The financial planning software market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Mode: On-Premises, Cloud
3) By Application: Financial Advice And Management, Portfolio, Accounting And Trading Management, Wealth Management, Personal Banking, Other Applications
4) By End-Uses: Small And Medium-Sized Enterprises (SMEs), Large Enterprises, Individual Purpose, Other End-Uses
Technological advancement is a key trend gaining popularity in the financial planning software market. Major companies operating in the financial planning software market are adopting new technologies such as AI to sustain their position in the market. For instance, in May 2022, Conquest, a Canada-based, fintech company, engaged in financial planning technology, launched ‘Conquest Planning’, a financial planning software in partnership with Fidelity International, a US-based financial services corporation. Conquest Planning gives advisers a better understanding of clients’ shifting circumstances through the use of data and Artificial Intelligence (AI). This enables advisers to model proposals in real time and quickly assess the effect of the financial circumstances on the client’s goals. The technology crunches data in a variety of ways, instantly constructing and contrasting several plans to free up advisers’ time to interact with customers.
The financial planning software market report table of contents includes:
.
.
.
Top Major Players:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The digital transaction management market size is expected to see exponential growth in the next…
The data center solutions market size is expected to see rapid growth in the next…
The communication test and measurement market size is expected to see strong growth in the…
The carbon accounting software market size is expected to see exponential growth in the next…
The autonomous train components market size is expected to see rapid growth in the next…
The corporate e-learning global market report 2024 from The Business Research Company provides comprehensive market…