Global Financial Planning Software Market Forecast to 2030 - COVID-19 Impact and Analysis by Deployment Type (On-Premises and Cloud-Based); Application (Financial Advice & Management, Portfolio, Accounting & Trading Management, Personal Banking, and Others); End-user (Banks, Small and Medium Businesses, Large Businesses); and Geography

Global Financial Planning Software Market Introduction

Financial planning software is typically described as any type of computer software designed to help individuals or corporations manage finances and business records and other accounting needs. Financial planning software typically provides the tools to manage banking, income flow, investing, and planning. The advantages that financial planning software provides such as its cost-efficiency in contrast to competing financial planning systems, as well as its ease of installation, user-friendly interface, and its ability to increase efficiency are some of the key factors driving the global financial planning software market. However, factors such as the rising popularity of cloud-based financial planning software as well as the lack of ability to customize the software to the needs of the customer or client are restraining the global financial planning software market. Moreover, the rising demand for financial planning software based on advanced and end-to-end encrypted technologies due to its use in the bank and finance-related corporations is expected to provide lucrative growth opportunities for the market players of the financial planning software market in the coming years.

Global Financial Planning Software Market Overview

The global financial planning software market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The financial planning software market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global financial planning software market over the long as well as short period of time. Furthermore, the global financial planning software market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.

Global Financial Planning Software Market Insights

The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global financial planning software market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.

Market Mapping

Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the financial planning software market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.

COVID-19 Impact on Global Financial Planning Software Market

The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global financial planning software market.

With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:

·        Rapid shifts in top 100 companies across each sector

·        Growth and decline in each sector due to the COVID-19 pandemic

Global Financial Planning Software Market Segmentation

Global Financial Planning Software Market – by Deployment Type

·        On-Premises

·        Cloud-Based

Global Financial Planning Software Market – by Application

·        Financial Advice & Management

·        Portfolio

·        Accounting & Trading Management

·        Personal Banking

·        Others

Global Financial Planning Software Market – by End-user

·        Banks

·        Small and Medium Businesses

·        Large Businesses

Global Financial Planning Software Market – by Geography

·        North America

o   US

o   Canada

o   Mexico

·        Europe

o   Germany

o   France

o   Italy

o   UK

o   Russia

o   Spain

o   Netherlands

o   Rest of Europe

·        Asia-Pacific (APAC)

o   China

o   India

o   South Korea

o   Japan

o   Australia

o   Singapore

o   Rest of APAC

·        LAMEA

o   Latin America

o   Middle East

o   Africa

Key Players

1.      Advicent Solutions (Naviplan)

2.      Ativa Interactive

3.      Board International

4.      Elements Advisors, LLC

5.      eMoney Advisor 

6.      Envestnet   

7.      Miles Software

8.      MoneyTree Software

9.      Orion Advisor Technology

10.   P2 Automation LLC.

11.   Razor Logic Systems 

12.   Refinitiv US LLC

13.   Rightcapital Inc.

14.   Time4Advice Limited

15.   Unit4

Brand Recall

Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the financial planning software market.

Key Questions Answered

·        Which region provides more business opportunities for the global financial planning software market in the upcoming years?

·        Who is the leading overall financial planning software market, and what strategies have been adopted by them?

·        Which segment accounted for the largest financial planning software market share?

·        What are the upcoming trends in the global financial planning software market? What impact would these trends make in the coming years for the financial planning software market?

·        Which player offering the best product range for the global financial planning software market?

Key Benefits for Stakeholders

·        This study presents the analytical description of the financial planning software market analysis along with the current trends and future estimations to describe coming up investment pockets

·        The complete financial planning software market opportunity is resolute by knowing profitable trends to gain a stronger foothold

·        The report describes insights associated with key drivers, restraints, opportunities, and trends of the global financial planning software market with thorough impact analysis

·        The global financial planning software market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability

·        PEST analysis defines the potency of the consumers and suppliers in the global financial planning software market

·        Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global financial planning software market

We offer customized reports as per the requirement of clients to fulfill special requirements. We also provide regional and country reports as well.