Moneyspire year end software#
The increasing demand for secured and personalized digital services has prompted the widespread adoption of personal finance software across small and medium-sized enterprises (SMEs). At present, it is categorized into web-based and mobile-based software types. In addition to this, personal finance software assists users in tracking transactions, managing bank records, tracing investments, and preventing interest on late payments by providing scheduled reminders for bills and deposits. These programs aid in organizing the budget, accounting finances, and making financial decisions to meet long-term financial goals. It involves budgeting, banking, insurance, mortgages, investments, retirement, and tax and estate plans. Personal finance software refers to an advanced solution that is designed for integrating, interpreting, and segregating information related to the financial data of a user. These insights are included in the report as a major market contributor.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. Looking forward, IMARC Group expects the market to reach a value of US$ 1.58 Billion by 2027, exhibiting a CAGR of 5.30% during 2022-2027. The global personal finance software market size reached US$ 1.14 Billion in 2021.
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