Global financial planning software industry expected to reach $16.9 billion by 2031

DUBLIN, October 20, 2022 /PRNewswire/ — The report “Financial Planning Software Market By Component, By Deployment Mode, By Application, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031” has been added to from ResearchAndMarkets.com offer.

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According to this report, the Financial Planning Software market size was valued at $3.7 billion in 2021, and should reach $16.9 billion by 2031, growing at a CAGR of 16.6% from 2022 to 2031.

Financial planning is a long-term process of managing finances wisely so that users can achieve their goals, while helping to negotiate the financial obstacles that inevitably arise at every stage of life. Financial planning software includes goal based financial planning software, cash flow based financial planning software for financial advisors. Additionally, the financial planning software provides cash flow analysis, long-term planning, and tax strategy plans.

Additionally, it offers aggregated account information for an all-in-one financial picture powered by automatically updated data. Additionally, it provides client portals for contextual presentation of financials, plans, and goals.

With several benefits such as reduced portfolio risk, diversification, low correlation to other assets, and less regulation, the demand for alternative investments continues to rise in the market. Additionally, finance leaders are investing in new technologies such as artificial intelligence (AI), robotic process automation, robo-advisor and digital identification (ID) to improve customer experience, improve performance finances and improve operational efficiency.

Thus, the multiple advantages associated with advanced technologies are significantly contributing to the growth of the global financial planning software market. However, strict government rules and regulations for wealth management companies and lack of transparency in pricing and higher fees are some of the factors hindering the growth of the market.

On the contrary, the growing number of High Net Worth Individuals (HNWIs) demanding highly personalized financial planning solutions and increasing technological advancements are expected to present lucrative opportunities for finance managers to stay competitive and gain in-depth knowledge of the products and services offered. on the market.

The financial planning software market is segmented on the basis of component, deployment mode, application, end user, and region. By component, it is segmented into solution and service. By deployment mode, it is divided into on-premises and cloud. Based on the application, it is separated into financial advice and management, portfolio, accounting and business management, wealth management, personal banking and others. By end-user, the market is divided into large enterprises, small and medium-sized enterprises (SMEs), and individuals. By region, it is analyzed through North America, Europe, Asia Pacificand LAMEA.

The report analyzes the profiles of key players operating in the Financial Planning Software Market such as Advicent Solutions, eMoney Advisor, LLC, Moneytree Software, MoneyGuide, Inc., Miles Software, Orion Advisor Technology, Personal Capital Corporation, Quicken Inc., RightCapital Inc., and SAP. These players have adopted various strategies to increase their market penetration and strengthen their position in the financial planning software industry.

Main benefits for stakeholders

  • The study provides an in-depth analysis of the global financial planning software market share along with current and future trends to illustrate the impending investment pockets.

  • Information on the major drivers, restraints and opportunities and their impact analysis on the global financial planning software market size is provided in the report.

  • Porter’s Five Forces Analysis illustrates the power of buyers and vendors operating in the Financial Planning Software market.

  • In-depth analysis of key industry segments helps in understanding the global financial planning software market trends.

  • The quantitative analysis of the global financial planning software market forecast from 2021 to 2031 is provided to determine the market potential.

Main topics covered:

CHAPTER 1 INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1. Definition and scope of the market
3.2. Main conclusions
3.2.1. The best investment pockets
3.3. Porter’s Five Forces Analysis
3.4. Positioning of the best player
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Constraints
3.5.3. Opportunities
3.6. COVID-19 Market Impact Analysis

CHAPTER 4: FINANCIAL PLANNING SOFTWARE MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market Size and Forecast
4.2 Workarounds
4.2.1 Key Market Trends, Growth Drivers and Opportunities
4.2.2 Market Size and Forecast, by Region
4.2.3 Market Analysis by Countries
4.3 Services
4.3.1 Key Market Trends, Growth Drivers and Opportunities
4.3.2 Market Size and Forecast, by Region
4.3.3 Market Analysis by Countries

CHAPTER 5: FINANCIAL PLANNING SOFTWARE MARKET, BY MODE OF DEPLOYMENT
5.1 Presentation
5.1.1 Market Size and Forecast
5.2 On-site
5.2.1 Key Market Trends, Growth Drivers and Opportunities
5.2.2 Market Size and Forecast, by Region
5.2.3 Market Analysis by Countries
5.3 Cloud
5.3.1 Key Market Trends, Growth Drivers and Opportunities
5.3.2 Market Size and Forecast, by Region
5.3.3 Market Analysis by Countries

CHAPTER 6: FINANCIAL PLANNING SOFTWARE MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market Size and Forecast
6.2 Advice and financial management
6.2.1 Key Market Trends, Growth Drivers and Opportunities
6.2.2 Market Size and Forecast, by Region
6.2.3 Market Analysis by Countries
6.3 Portfolio, accounting and trading management
6.3.1 Key Market Trends, Growth Drivers and Opportunities
6.3.2 Market Size and Forecast, by Region
6.3.3 Market Analysis by Countries
6.4 Wealth management
6.4.1 Key Market Trends, Growth Drivers and Opportunities
6.4.2 Market Size and Forecast, by Region
6.4.3 Market Analysis by Countries
6.5 Personal banking services
6.5.1 Key Market Trends, Growth Drivers and Opportunities
6.5.2 Market Size and Forecast, by Region
6.5.3 Market Analysis by Countries
6.6 Others
6.6.1 Key Market Trends, Growth Drivers and Opportunities
6.6.2 Market Size and Forecast, by Region
6.6.3 Market Analysis by Countries

CHAPTER 7: FINANCIAL PLANNING SOFTWARE MARKET, BY END-USER
7.1 Overview
7.1.1 Market Size and Forecast
7.2 Large companies
7.2.1 Key Market Trends, Growth Drivers and Opportunities
7.2.2 Market Size and Forecast, by Region
7.2.3 Market Analysis by Countries
7.3 Small and medium-sized enterprises (SMEs)
7.3.1 Key Market Trends, Growth Drivers and Opportunities
7.3.2 Market Size and Forecast, by Region
7.3.3 Market Analysis by Countries
7.4 Individuals
7.4.1 Key Market Trends, Growth Drivers and Opportunities
7.4.2 Market Size and Forecast, by Region
7.4.3 Market Analysis by Countries

CHAPTER 8: FINANCIAL PLANNING SOFTWARE MARKET, BY REGION

CHAPTER 9: CORPORATE LANDSCAPE
9.1. Introduction
9.2. The best winning strategies
9.3. Top 10 Player Product Mapping
9.4. Competitive Dashboard
9.5. Competitive heat map
9.6. Main developments

CHAPTER 10: COMPANY PROFILES
10.1 Advicent Solutions (NaviPlan)
10.1.1 Company Overview
10.1.2 Company Overview
10.1.3 Operating business segments
10.1.4 Product Portfolio
10.1.5 Commercial performance
10.1.6 Key Strategic Movements and Developments
10.2 Electronic Money Advisor, LLC.
10.2.1 Company Overview
10.2.2 Company Overview
10.2.3 Operating business segments
10.2.4 Product Portfolio
10.2.5 Commercial performance
10.2.6 Key Strategic Movements and Developments
10.3 Moneytree Software
10.3.1 Company Overview
10.3.2 Company Overview
10.3.3 Operating business segments
10.3.4 Product Portfolio
10.3.5 Commercial performance
10.3.6 Key Strategic Movements and Developments
10.4 Money Guide, Inc.
10.4.1 Company Overview
10.4.2 Company Overview
10.4.3 Operating business segments
10.4.4 Product Portfolio
10.4.5 Commercial performance
10.4.6 Key Strategic Movements and Developments
Software 10.5 miles
10.5.1 Company Overview
10.5.2 Company Overview
10.5.3 Operating business segments
10.5.4 Product Portfolio
10.5.5 Commercial performance
10.5.6 Key Strategic Movements and Developments
10.6 MoneyGuide, Inc. (Envestnet)
10.6.1 Company Overview
10.6.2 Company Overview
10.6.3 Operating business segments
10.6.4 Product Portfolio
10.6.5 Commercial performance
10.6.6 Key Strategic Movements and Developments
10.7 Personal Equity Company
10.7.1 Company Overview
10.7.2 Company Overview
10.7.3 Operating business segments
10.7.4 Product Portfolio
10.7.5 Commercial performance
10.7.6 Key Strategic Movements and Developments
10.8 RightCapital Inc.
10.8.1 Company Overview
10.8.2 Company Overview
10.8.3 Operating business segments
10.8.4 Product Portfolio
10.8.5 Commercial performance
10.8.6 Key Strategic Movements and Developments
10.9 speed up inc.
10.9.1 Company Overview
10.9.2 Company Overview
10.9.3 Operating business segments
10.9.4 Product Portfolio
10.9.5 Commercial performance
10.9.6 Key Strategic Movements and Developments
10.10 SAP
10.10.1 Company Overview
10.10.2 Company Overview
10.10.3 Operating business segments
10.10.4 Product Portfolio
10.10.5 Commercial performance
10.10.6 Key Strategic Movements and Developments

For more information about this report visit https://www.researchandmarkets.com/r/y7yzh1

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