Global Financial Planning Software Market - New Technology, Current Trends, Opportunities and Forecast By 2025
Boonton, NJ -- (SBWIRE) -- 10/11/2018 -- Global Financial Planning Software Market Analysis
According to Verified Market Intelligence, the Global Financial Planning Software Market was valued at USD 854.4 Million in 2017 and is projected to reach USD 2,473.6 Million by 2025, growing at a CAGR of 14.3% from 2018 to 2025.
What is Financial Planning Software?
Financial Planning Software is a software that is intended to facilitate accountants, advisors, professional representatives as well as other personnel by providing them platform by which an appropriate financial plan (such as investment or retirement) can be designed. This service does offer personalization but does not offer as much customization services as other systems that are coming up in the market. Increasing demand of financial planning software has boosted the growth of financial planning software market as more companies are shifting their preferences to software division.
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Global Financial Planning Software Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several advantages that financial planning software provide such as its cost efficiency in comparison to competing financial planning systems, as well as its ease of installation as well as its ability to increase efficiency. Factors such as the increasing popularity of cloud based financial planning software as well as the lack of ability to customize the software to the needs of the client are restraining the global financial planning software market.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The "Global Financial Planning Software Market" is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Financial Planning Software Market Competitive Landscape
The "Global Financial Planning Software Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as Pietech Inc (Moneyguidepro), Emoney Advisor, Envestnet, Advicent Solutions (Naviplan), Moneytree, Advisor Software (Goalgami Pro), Instream Solutions, Wealthtec, Wealthcare Capital Management (Financeware) and Rightcapital. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
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Global Financial Planning Software Market Segmentation, by Type
On the basis of type, Global Financial Planning Software Market is segmented into:
The Web-based Segment dominated the market in 2017 and is projected to grow at a significant CAGR over the forecast period. However, the Cloud-Based segment is expected to grow at the fastest CAGR over the forecast period.
Global Financial Planning Software Market Segmentation, by Application
On the basis of application, Global Financial Planning Software Market is classified into:
- Small and medium businesses
- Large businesses
Small and Medium Businesses sector held the largest market share in 2017 and is expected to continue its dominance in the forthcoming years.
Global Financial Planning Software Market Geographic Scope
- North America
o Rest of Europe
- Asia Pacific
o Rest of Asia Pacific
- Latin America
- Rest of the World
Asia Pacific dominated the market in the year 2017. This region is expected to account for the largest share in the forthcoming years as it is the highest revenue contributor of the market.
Table Of Content
1 Introduction Of The Global Financial Planning Software
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Financial Planning Software Outlook
5 The Global Financial Planning Software, By Systems
6 The Global Financial Planning Software, By Service
7 The Global Financial Planning Software, By Verticals
8 The Global Financial Planning Software, By Applications
9 The Global Financial Planning Software, By Geography
10 The Global Financial Planning Software Competitive Landscape
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Financial Planning Software market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Financial Planning Software market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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