Overview

Correct calculation: Despite lingering recessionary effects, bank demand will benefit the industry

IBISWorld’s Personal Finance & Money Management Software Developers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth
10-15
0.4%
Annual Growth
15-20
Profit
Employment
2,681
Business
132

Industry Threats & Opportunities

  • The industry has struggled to grow, but demand from banks will continue to buoy industry growth
  • Free web-based personal finance software has grown in popularity over the past five years
  • Personal finance software will increase, but most of the growth will be for free online software

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    Industry Analysis & Industry Trends

    The Personal Finance and Money Management Software Developers industry is currently in a period of slow growth. As free-to-use, web-based personal finance programs became available, more consumers opted to use these services over industry products. Over the next five years, recovery will compel high-income consumers, this industry's biggest market, to hire financial advisors. However, growth will continue due to licensing by banking institutions and a switch to the software-as-a-service model...

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    Industry Report - Industry Analysis Chapter

    The Personal Finance and Money Management Software Developers industry is expected to grow an annualized 0.4% in the five years to 2015, reaching $1.2 billion, despite a 2.2% drop in 2015. The major industry trend is consolidation among established operators, new start-ups entering the market in the mobile segment, and thirdly, the continuing transition toward the software-as-a-service (SaaS) business model, in which customers subscribe to use industry software online via cloud-based platforms.

    Transition to cloud

    Traditionally, software has been offered on physical media, which consumers must purchase then install on their computers. Sof..

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    Additional Insights for the Personal Finance & Money Management Software Developers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Personal Finance & Money Management Software Developers Industry are

  • Undertaking technical research and development
  • Access to highly skilled workforce
  • Close monitoring of competition
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Demand from commercial banking in the Personal Finance & Money Management Software Developers industry impact industry performance..

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    Industry Products

    What is the Personal Finance & Money Management Software Developers Industry?

    Companies in this industry create personal finance management software. Products are aimed at allowing users to manage disparate financial holdings. Software will often provide single-password access to multiple sources and provide some account aggregation functionality. This industry includes both packaged software and online-only software.

    Industry Products
    Transaction tracking
    Budgeting
    Banking & bill paying
    Investment tracking
    Mobile apps
    Industry Activities
    Personal finance and money management software development
    Personal finance and money management software publishing

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Demand from commercial banking
  • Percentage of services conducted online
  • Number of mobile internet connections

  • Current Performance
  • Transition to cloud
  • Mergers and acquisition activity
  • Murky impacts of web-based programs
  • The fluctuating and changing customer base
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue struggles
  • Technological development opens new markets
  • Consolidation
  • Table: Personal Finance & Money Management Software Developers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Personal Finance & Money Management Software Developers Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Finance and Insurance
  • Consumers

  • Key Selling Industries
  • Computer Manufacturing

  • Products & Services
  • Transaction tracking
  • Budgeting
  • Banking & bill paying
  • Investment tracking
  • Mobile apps
  • Chart: Personal Finance & Money Management Software Developers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Desktop software users - aged 50 years and older
  • Financial services companies - banks
  • Online individual users - aged 35 years and older
  • Financial services companies - other
  • Financial services companies - credit card companies
  • Online individual users companies - aged 18 to 34 years
  • Desktop software users - aged 49 years and younger
  • Chart: Major Market Segmentation for the Personal Finance & Money Management Software Developers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases and labor
  • R&D and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Personal Finance & Money Management Software Developers

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Personal Finance & Money Management Software Developers Industry

  • Industry Globalization
    Major Companies
    Intuit Inc.
  • Table: Intuit Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Personal Finance & Money Management Software Developers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Personal Finance & Money Management Software Developers Industry
    Includes:
  • Industry Revenue (2006-2020)
  • Industry Gross Product (2006-2020)
  • Establishments (2006-2020)
  • Businesses (2006-2020)
  • Employment (2006-2020)
  • Wages (2006-2020)
  • Per capita disposable income (2006-2020)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Account Aggregation
  • A product feature that pulls together information from several different financial accounts to produce one consolidated snapshot of a consumer's finances.
  • Cloud Computing
  • Computing model in which storage and computing tasks are handled by networked machines (often servers in a data center owned by the service provider) rather than at the point of consumption.
  • Software As A Service (Saas)
  • Software delivery model in which software and associated data are centrally hosted on the cloud; SaaS is typically accessed by users via a web browser.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Personal Finance & Money Management Software Developers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Personal Finance & Money Management Software Developers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Personal Finance & Money Management Software Developers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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