U.S. Personal Finance Software Market by Product (Web-based Software and Mobile-based Software) and End User (Small Businesses Users and Individual Consumers): Opportunity Analysis and Industry Forecast, 2019–2026
The U.S. personal finance software market size was valued at $232 million in 2018, and is expected to reach $343 million by 2026, registering a CAGR of 5% from 2019 to 2026.
Personal finance software 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 a variety of financial data as input and can be implemented for varied tasks such as financial transactions, bank records management, investment tracking, budget management, portfolio management, and others. In addition, it possesses the capability to manage monetary transactions and payrolls by helping an individual manage monthly expenses efficiently.
Upsurge in adoption of this software among small or home business users drives the growth of the market. It helps the small or home businesses to easily manage their funding and business operations, as it enables effective planning and management of the inflow and outflow of monetary funds.
Rise in need for advanced financial tools, technological advancements related to new product development, and availability of low-cost products boost the growth of the U.S. personal finance software market. However, lack of awareness regarding personalized financial products and services as well as availability of open-source solutions are expected to impede the market growth during the forecast period. Conversely, increase in adoption of personal finance software among industry verticals is anticipated to create numerous opportunities for market expansion. For instance, the U.S.-based bitcoin provider, Coinbase forged a union with Mint, a web-based personal finance software provider, from Intuit, to allow clients track their Bitcoin holdings.
The U.S. personal finance software market is segmented based on product and end user. On the basis of product, the market is classified into web-based software and mobile-based software. By end user, it is divided into small businesses users and individual consumers.
KEY BENEFITS FOR STAKEHOLDERS
By Product
Personal finance software 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 a variety of financial data as input and can be implemented for varied tasks such as financial transactions, bank records management, investment tracking, budget management, portfolio management, and others. In addition, it possesses the capability to manage monetary transactions and payrolls by helping an individual manage monthly expenses efficiently.
Upsurge in adoption of this software among small or home business users drives the growth of the market. It helps the small or home businesses to easily manage their funding and business operations, as it enables effective planning and management of the inflow and outflow of monetary funds.
Rise in need for advanced financial tools, technological advancements related to new product development, and availability of low-cost products boost the growth of the U.S. personal finance software market. However, lack of awareness regarding personalized financial products and services as well as availability of open-source solutions are expected to impede the market growth during the forecast period. Conversely, increase in adoption of personal finance software among industry verticals is anticipated to create numerous opportunities for market expansion. For instance, the U.S.-based bitcoin provider, Coinbase forged a union with Mint, a web-based personal finance software provider, from Intuit, to allow clients track their Bitcoin holdings.
The U.S. personal finance software market is segmented based on product and end user. On the basis of product, the market is classified into web-based software and mobile-based software. By end user, it is divided into small businesses users and individual consumers.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the U.S. personal finance software market along with the current trends and future estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided.
- A comprehensive quantitative analysis of the industry is provided from 2018 to 2026 to assist stakeholders to capitalize on the prevailing market opportunities.
- An extensive analysis of the key segments of the industry helps understand the trends in U.S. personal finance software market.
- Key players and their strategies are provided to understand the competitive outlook of the industry.
By Product
- Web-based Software
- Mobile-based Software
- Small Businesses Users
- Individual Consumers
- Quicken Inc.
- Buxfer, Inc.
- CountAbout Corporation
- doxo Inc.
- IGG Software, Inc.
- Microsoft Corporation
- Moneyspire Inc.
- Personal Capital Corporation
- Qapital, Inc.
- You Need a Budget LLC
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.2.1. Top winning strategies, by 2016-2019
3.2.2.2. Top winning strategies, by development 2016-2019
3.2.2.3. Top winning strategies, by company 2016-2019
3.3. Porter's five forces analysis
3.4. Key player positioning, 2018
3.5. Market share analysis
3.6. Market dynamics
3.6.1. Drivers
3.6.1.1. Rise in need to track and manage income
3.6.1.2. Increase in dependency on internet
3.6.1.3. Increase in the use of mobile applications
3.6.2. Restraints
3.6.2.1. Availability of open-source solutions
3.6.3. Opportunities
3.6.3.1. Rise in awareness among people towards usage of personal finance monitoring
CHAPTER 4: PERSONAL FINANCE SOFTWARE MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast, by product type
4.2. Web-based software
4.2.1. Key growth factors and opportunities
4.2.2. Market size and forecast,
4.3. Mobile-based software
4.3.1. Key growth factors and opportunities
4.3.2. Market size and forecast, by region
CHAPTER 5: PERSONAL FINANCE SOFTWARE MARKET, BY END USER
5.1. Overview
5.2. Small businesses users
5.2.1. Key growth factors and opportunities
5.2.2. Market size and forecast
5.3. Individual consumers
5.3.1. Key growth factors and opportunities
5.3.2. Market size and forecast
CHAPTER 6: COMPANY PROFILES
6.1. QUICKEN INC.
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Product portfolio
6.1.4. Key strategic moves and developments
6.2. BUXFER, INC.
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Product portfolio
6.3. COUNTABOUT CORPORATION
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Product portfolio
6.4. Doxo inc.
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Product portfolio
6.5. IGG SOFTWARE, INC.
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Product portfolio
6.5.4. Key strategic moves and developments
6.6. MICROSOFT CORPORATION
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Product portfolio
6.6.5. Business performance
6.7. MONEYSPIRE INC.
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Product portfolio
6.7.4. Key strategic moves and developments
6.8. PERSONAL CAPITAL CORPORATION
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments
6.8.4. Product portfolio
6.9. QAPITAL, INC.
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Product portfolio
6.9.4. Key strategic moves and developments
6.10. YOU NEED A BUDGET LLC
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Product portfolio
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.2.1. Top winning strategies, by 2016-2019
3.2.2.2. Top winning strategies, by development 2016-2019
3.2.2.3. Top winning strategies, by company 2016-2019
3.3. Porter's five forces analysis
3.4. Key player positioning, 2018
3.5. Market share analysis
3.6. Market dynamics
3.6.1. Drivers
3.6.1.1. Rise in need to track and manage income
3.6.1.2. Increase in dependency on internet
3.6.1.3. Increase in the use of mobile applications
3.6.2. Restraints
3.6.2.1. Availability of open-source solutions
3.6.3. Opportunities
3.6.3.1. Rise in awareness among people towards usage of personal finance monitoring
CHAPTER 4: PERSONAL FINANCE SOFTWARE MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast, by product type
4.2. Web-based software
4.2.1. Key growth factors and opportunities
4.2.2. Market size and forecast,
4.3. Mobile-based software
4.3.1. Key growth factors and opportunities
4.3.2. Market size and forecast, by region
CHAPTER 5: PERSONAL FINANCE SOFTWARE MARKET, BY END USER
5.1. Overview
5.2. Small businesses users
5.2.1. Key growth factors and opportunities
5.2.2. Market size and forecast
5.3. Individual consumers
5.3.1. Key growth factors and opportunities
5.3.2. Market size and forecast
CHAPTER 6: COMPANY PROFILES
6.1. QUICKEN INC.
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Product portfolio
6.1.4. Key strategic moves and developments
6.2. BUXFER, INC.
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Product portfolio
6.3. COUNTABOUT CORPORATION
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Product portfolio
6.4. Doxo inc.
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Product portfolio
6.5. IGG SOFTWARE, INC.
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Product portfolio
6.5.4. Key strategic moves and developments
6.6. MICROSOFT CORPORATION
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Product portfolio
6.6.5. Business performance
6.7. MONEYSPIRE INC.
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Product portfolio
6.7.4. Key strategic moves and developments
6.8. PERSONAL CAPITAL CORPORATION
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments
6.8.4. Product portfolio
6.9. QAPITAL, INC.
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Product portfolio
6.9.4. Key strategic moves and developments
6.10. YOU NEED A BUDGET LLC
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Product portfolio
LIST OF TABLES
TABLE 01. U.S. PERSONAL FINANCE SOFTWARE MARKET REVENUE, BY PRODUCT TYPE, 2018–2026 ($MILLION)
TABLE 02. U.S. PERSONAL FINANCE SOFTWARE MARKET REVENUE, BY END USERS, 2018–2026 ($MILLION)
TABLE 03. QUICKEN: COMPANY SNAPSHOT
TABLE 04. QUICKEN: PRODUCT PORTFOLIO
TABLE 05. BUXFER: COMPANY SNAPSHOT
TABLE 06. BUXFER: PRODUCT PORTFOLIO
TABLE 07. COUNTABOUT: COMPANY SNAPSHOT
TABLE 08. COUNTABOUT: PRODUCT PORTFOLIO
TABLE 09. DOXO: COMPANY SNAPSHOT
TABLE 10. DOXO: PRODUCT PORTFOLIO
TABLE 11. IGG SOFTWARE, INC.: COMPANY SNAPSHOT
TABLE 12. IGG SOFTWARE, INC.: PRODUCT PORTFOLIO
TABLE 13. MICROSOFT: COMPANY SNAPSHOT
TABLE 14. MICROSOFT: OPERATING SEGMENTS
TABLE 15. MICROSOFT: PRODUCT PORTFOLIO
TABLE 16. MONEYSPIRE: COMPANY SNAPSHOT
TABLE 17. MONEYSPIRE: PRODUCT PORTFOLIO
TABLE 18. PERSONAL CAPITAL: COMPANY SNAPSHOT
TABLE 19. PERSONAL CAPITAL: OPERATING SEGMENTS
TABLE 20. PERSONAL CAPITAL: PRODUCT PORTFOLIO
TABLE 21. QAPITAL, INC.: COMPANY SNAPSHOT
TABLE 22. QAPITAL, INC.: PRODUCT PORTFOLIO
TABLE 23. YNAB: COMPANY SNAPSHOT
TABLE 24. YNAB: PRODUCT PORTFOLIO
TABLE 01. U.S. PERSONAL FINANCE SOFTWARE MARKET REVENUE, BY PRODUCT TYPE, 2018–2026 ($MILLION)
TABLE 02. U.S. PERSONAL FINANCE SOFTWARE MARKET REVENUE, BY END USERS, 2018–2026 ($MILLION)
TABLE 03. QUICKEN: COMPANY SNAPSHOT
TABLE 04. QUICKEN: PRODUCT PORTFOLIO
TABLE 05. BUXFER: COMPANY SNAPSHOT
TABLE 06. BUXFER: PRODUCT PORTFOLIO
TABLE 07. COUNTABOUT: COMPANY SNAPSHOT
TABLE 08. COUNTABOUT: PRODUCT PORTFOLIO
TABLE 09. DOXO: COMPANY SNAPSHOT
TABLE 10. DOXO: PRODUCT PORTFOLIO
TABLE 11. IGG SOFTWARE, INC.: COMPANY SNAPSHOT
TABLE 12. IGG SOFTWARE, INC.: PRODUCT PORTFOLIO
TABLE 13. MICROSOFT: COMPANY SNAPSHOT
TABLE 14. MICROSOFT: OPERATING SEGMENTS
TABLE 15. MICROSOFT: PRODUCT PORTFOLIO
TABLE 16. MONEYSPIRE: COMPANY SNAPSHOT
TABLE 17. MONEYSPIRE: PRODUCT PORTFOLIO
TABLE 18. PERSONAL CAPITAL: COMPANY SNAPSHOT
TABLE 19. PERSONAL CAPITAL: OPERATING SEGMENTS
TABLE 20. PERSONAL CAPITAL: PRODUCT PORTFOLIO
TABLE 21. QAPITAL, INC.: COMPANY SNAPSHOT
TABLE 22. QAPITAL, INC.: PRODUCT PORTFOLIO
TABLE 23. YNAB: COMPANY SNAPSHOT
TABLE 24. YNAB: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01. U.S. PERSONAL FINANCE SOFTWARE MARKET: KEY PLAYERS
FIGURE 02. SEGMENTATION OF U.S. PERSONAL FINANCE SOFTWARE MARKET
FIGURE 03. TOP IMPACTING FACTOR: PERSONAL FINANCE SOFTWARE MARKET
FIGURE 04. TOP WINNING STRATEGIES, BY 2016-2019*
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT 2016-2019 (%)
FIGURE 06. TOP WINNING STRATEGIES, BY COMPANY 2016-2019 (%)
FIGURE 07. LOW-TO-MODERATE BARGAINING POWER OF SUPPLIER
FIGURE 08. LOW BARGAINING POWER OF BUYER
FIGURE 09. MODERATE THREAT OF SUBSTITUTES
FIGURE 10. LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11. HIGH COMPETITIVE RIVALRY
FIGURE 12. KEY PLAYER POSITIONING: PERSONAL FINANCE SOFTWARE MARKET, 2018
FIGURE 13. MARKET SHRE ANALYSIS, 2018
FIGURE 14. DRIVERS, RESTRAINTS, AND OPPORTUNITIES: PERSONAL FINANCE SOFTWARE MARKET
FIGURE 15. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR WEB-BASED SOFTWARE, 2018–2026 ($MILLION)
FIGURE 16. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR MOBILE-BASED SOFTWARE, 2018-2026 ($MILLION)
FIGURE 17. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR SMALL BUSINESSES USERS, 2019–2026 ($MILLION)
FIGURE 18. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR INDIVIDUAL CONSUMERS, 2018–2026 ($MILLION)
FIGURE 19. MICROSOFT: TOTAL REVENUE, 2016–2018 ($MILLION)
FIGURE 20. MICROSOFT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 21. MICROSOFT: REVENUE SHARE BY REVENUE, 2018 (%)
FIGURE 01. U.S. PERSONAL FINANCE SOFTWARE MARKET: KEY PLAYERS
FIGURE 02. SEGMENTATION OF U.S. PERSONAL FINANCE SOFTWARE MARKET
FIGURE 03. TOP IMPACTING FACTOR: PERSONAL FINANCE SOFTWARE MARKET
FIGURE 04. TOP WINNING STRATEGIES, BY 2016-2019*
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT 2016-2019 (%)
FIGURE 06. TOP WINNING STRATEGIES, BY COMPANY 2016-2019 (%)
FIGURE 07. LOW-TO-MODERATE BARGAINING POWER OF SUPPLIER
FIGURE 08. LOW BARGAINING POWER OF BUYER
FIGURE 09. MODERATE THREAT OF SUBSTITUTES
FIGURE 10. LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11. HIGH COMPETITIVE RIVALRY
FIGURE 12. KEY PLAYER POSITIONING: PERSONAL FINANCE SOFTWARE MARKET, 2018
FIGURE 13. MARKET SHRE ANALYSIS, 2018
FIGURE 14. DRIVERS, RESTRAINTS, AND OPPORTUNITIES: PERSONAL FINANCE SOFTWARE MARKET
FIGURE 15. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR WEB-BASED SOFTWARE, 2018–2026 ($MILLION)
FIGURE 16. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR MOBILE-BASED SOFTWARE, 2018-2026 ($MILLION)
FIGURE 17. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR SMALL BUSINESSES USERS, 2019–2026 ($MILLION)
FIGURE 18. PERSONAL FINANCE SOFTWARE MARKET REVENUE FOR INDIVIDUAL CONSUMERS, 2018–2026 ($MILLION)
FIGURE 19. MICROSOFT: TOTAL REVENUE, 2016–2018 ($MILLION)
FIGURE 20. MICROSOFT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 21. MICROSOFT: REVENUE SHARE BY REVENUE, 2018 (%)
