The advent of modern electronic technologies & strategic developments such as partnerships and mergers and acquisitions, favourable research funding scenario, has further escalated adoption of financial planning software market Market Size – USD 3.72 Billion in 2021, Market Growth – CAGR of 16.4%. Market Trends – Product launches and research for Financial Planning Software market.
According to the current analysis of Reports and Data, the global Financial Planning Software market was valued at USD 3.72 Billion in 2021 and is expected to reach USD 14.50 Billion by year 2030, at a CAGR of 14%. The report covers different types of products which can boost up the market and the services available in this market to help the financial advisors.
Financial Planning is the way of regulating how a business or an individual can afford to achieve its planned goals and objectives. Financial Planning Software is considered to assist individuals or corporations manage finances and business records and other accounting needs. It can track financial accounts, categorise income and expenses, synchronise transactions with bank and card companies and work with budgets, analyse investments and tax related reports and even shows snapshots of financial net worth.
Intensifying demand of financial planning software has enhanced the growth of financial planning software market as more companies are altering their preferences to software division. However, shifting customer preferences, and stringent guidelines are anticipated to negatively affect the financial planning software market during the forecast period.
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Major players in the market include Motive Partners, London Stock Exchange Group plc., Orion Advisor Technology, Envestnet, ESPlanner, Nest Wealth, Prophix, Wealthtrace, Sungard AS, instream, Accutech Systems Corporation, and RightCapital, Inc.
Further key findings from the report suggest:
Segments covered in the report:
For the purpose of the study, this Reports and Data has segmented the Global Financial Planning Software Market on the basis of product type, application, end user and the regional outlook:
Component Type Outlook (Revenue, USD Billion; 2019–2030)
Deployment Type Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
End-use Outlook (Revenue, USD Billion; 2019–2030)
Regional Outlook (Revenue, USD Billion; 2019–2030)
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