Personal Finance Software Market: Driver
The growing dependency on the Internet is driving the growth of the personal finance software market. The key drivers of this market are the increased use of the Internet for day-to-day activities and critical operations. Companies are offering storage services on the cloud, including critical information. Moreover, banks and payment card companies are allowing customers to make transactions, such as online transactions and payments, using the Internet. Online methods have benefits over traditional methods. However, they come with high-security risks. Personal finance software helps keep track of such transactions and manage the money flow.
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Personal Finance Software Market: Vendor Analysis
The personal finance software market report offers information on several market vendors, including Alzex software, BUXFER Inc., doxo Inc., Money Dashboard Ltd., Moneyspire Inc., Personal Capital Corp., PocketSmith Ltd., Quicken Inc., The Infinite Kind, and You Need a Budget LLC among others. The key offerings of some of these vendors are listed below:
- Alzex software – The company offers a line of products such as Financial software for Windows, Portable accounting software (for USB drive), Personal finance app for Android, and Accounting app for iPhone & iPad, among others.
- BUXFER Inc. – The company offers a line of products such as PILOT, PLUS, PRO, and PRIME, among others, for personal finance, account aggregation, budgeting, bill reminders, and forecasting.
- doxo Inc. – The company offers doxoPLUS with five protections such as Private Pay protection, identity theft protection, overdraft protection, late fee protection, and credit score protection.
- Money Dashboard Ltd. – The company provides mobile-based personal finance software.
- Moneyspire Inc. – The company offers web-based and mobile-based personal finance software.
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Personal Finance Software Market: Segmentation Analysis
By product, the market has been segmented into web-based software and mobile-based software. The web-based software segment will have significant market share growth during the forecast period. The high demand for secure personal finance software among home business users is one of the major reasons for this growth.
By end-user, the market has been segmented into home business users and individual users. The home business users segment will have …….
