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Personal finance software Market to Reach $ 4,221.1 Million, Globally, by 2032 at 12.2% CAGR: Allied Market Research

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The global personal finance software market is experiencing growth due to a rise in need to track and manage income, increase in dependency on the internet, and increase in use of digital transformation technology.

PORTLAND, Ore., Sept. 4, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Personal finance software Market by Product Type (Web-Based Software and Mobile-Based Software), and End-User (Small Businesses Users, and Individual Customers): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global personal finance software market was valued at $1,368.27 million in 2022 and is estimated to reach $4,221.10 million by 2032, exhibiting a CAGR of 12.2% from 2023 to 2032.

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Personal finance software is a program developed to combine a user’s financial information and categorize it to provide a desired analytical result, focusing on enhancing financial planning. It provides users with the capability to connect their bank accounts, credit cards, and other financial accounts, facilitating the automatic import and categorization of transactions, thereby eliminating the requirement for manual data input. This tool helps in monitoring advancements toward individual financial objectives, notifying users about upcoming bill payments, and delivering prompt reminders to prevent late fees or penalties.

Prime determinants of growth 

Rise in need to track and manage income and increase in dependency on the internet is boosting the growth of the global personal finance software market. In addition, the increase in use of digital transformation technology is positively impacting the growth of the personal finance software market. However, lack of awareness about personal finance software and increasing security concerns is hampering the personal finance software market growth. On the contrary, increased adoption of personal finance software among developing economies is expected to offer remunerative opportunities for expansion of the personal finance software market during the forecast period.

Report coverage & details:

Report Coverage

Details

Forecast Period

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2023–2032

Base Year

2022

Market Size in 2022

$ 1,368.27 million

Market Size in 2032

$ 4,221.1 million

CAGR

12.2 %

No. of Pages in Report

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173

Segments covered

Product type, End user, and Region.

Drivers 

Rise in need to track and manage income 

Increase in dependency on the internet

Increase in use of digital transformation technology

Opportunities

Increased adoption of personal finance software among developing economies

Restraints

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Increasing security concerns

High implementation cost

 

Covid-19 Scenario 

  • The personal finance software market had witnessed stable growth during the COVID-19 pandemic, owing to the stringent restrictions on movement and varying degrees of lockdowns across several countries paralyzed business activities, many people shifted toward digital platforms for banking transactions.
  • However, the demand for personal finance software is expected to rise after the pandemic is over owing to the high demand in rural areas of developing countries such as China and India., which is expected to boost market growth.

The web-based software segment to maintain its leadership status throughout the forecast period.

Based on the product type, the web-based software segment held the highest market share in 2022, accounting for nearly three-fourths of the global personal finance software market revenue, owing to increasing demand for real-time data collecting and helps to complete basic transactions, request banking services or receive immediate assistance with the help of live video conferencing consultation with a remote bank teller. However, the mobile based segment is projected to manifest the highest CAGR of 14.7% from 2023 to 2032, owing to the increase in adoption of digital technology across numerous industries and the need to offer better services.

The small businesses users’ segment to maintain its leadership status throughout the forecast period

Based on end-user, the small business users segment held the highest market share in 2022, accounting for nearly more than two-thirds of the global personal finance software market revenue, owing to rising online shopping and growing demand for on-demand banking services globally. The same segment is projected to manifest the highest CAGR of 13.4% from 2023 to 2032.

Asia-Pacific to dominate the market by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one- third of the global Personal finance software market revenue, owing to growing demand for interactive machines and managed services in the financial sector. However, the Asia-Pacific region is expected to witness the fastest CAGR of 15.8% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to a rise in personal finance software technology investment in developing nations such as India and China are accounted development of private and rural banking.

Buy This Report (173 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/3EpgLyc

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Leading Market Players: –  

  • Quicken Inc.,
  • The Infinite Kind,
  • You Need a Budget LLC,
  • Microsoft,
  • Moneyspire Inc.,
  • doxo Inc.,
  • BUXFER INC.,
  • Personal Capital Corporation,
  • Money Dashboard,
  • PocketSmith Ltd

The report provides a detailed analysis of these key players of the global Personal finance software market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the personal finance software market analysis from 2023 to 2032 to identify the prevailing opportunity.
  • The market research is offered along with information related to personal finance software market outlook, key drivers, restraints, and personal finance software market opportunity.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the personal finance software market segmentation assists to determine the prevailing personal finance software market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global personal finance software market forecast.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the personal finance software market players.
  • The report includes the analysis of the regional as well as global personal finance software market trends, key players, market segments, application areas, and market growth strategies of personal finance management software.

Personal Finance Software Market Report Highlights

By Product Type

  • Web-based Software
  • Mobile-based Software

By End User

  • Small Businesses Users
  • Individual Consumers

By Region

  • North America (U.S., Canada)
  • Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Latin America, Middle East, Africa)

Key Market Players: Money Dashboard Limited, Personal Capital Corporation, You Need a Budget LLC, Microsoft Corporation, Quicken Inc., BUXFER INC, doxo Inc, Moneyspire Inc, PocketSmith Ltd, The Infinite Kind

Want to Access the Statistical Data and Graphs, Key Players’ Strategies: https://www.alliedmarketresearch.com/personal-finance-software-market/purchase-options

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact: 
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]

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Miami International Holdings Reports Trading Results for December and Full-Year 2024; MIAX Exchange Group Sets Multiple Volume and Market Share Records in Options and Equities Markets

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MIAMI AND PRINCETON, N.J., Jan. 8, 2025 /PRNewswire/ — Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported December and full-year 2024 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl®, MIAX Emerald® and MIAX SapphireTM (collectively, the MIAX Exchange Group), and MIAX FuturesTM.

December 2024 and Full-Year 2024 Trading Volume and Market Share Highlights

  • Total multi-listed options volume for the MIAX Exchange Group reached a record 1.7 billion contracts in 2024, a 6.5% increase year-over-year (YoY) and representing an annual market share of 15.1%, a 3.8% decrease YoY. December volume totaled a record 165.6 million contracts, a 29.1% increase YoY and representing a monthly market share of 16.4%, a 6.0% increase YoY.
  • MIAX Sapphire reached a volume of 65.0 million contracts in 2024, following its launch on August 12, 2024. December volume reached 18.4 million contracts, with December market share reaching 1.8%.
  • MIAX Options reached a record volume of 691.6 million contracts in 2024, a 9.1% increase YoY and representing an annual market share of 6.2%, a 1.5% decrease YoY. December volume reached 63.4 million contracts, a 23.3% increase YoY and representing a monthly market share of 6.3%, a 1.3% increase YoY.
  • MIAX Pearl Options reached a volume of 468.0 million contracts in 2024, a 27.7% decrease YoY and representing a market share of 4.2%, a 34.7% decrease YoY. December volume totaled 31.3 million contracts, a 32.5% decrease YoY and representing a monthly market share of 3.1%, a 44.5% decrease YoY.
  • MIAX Emerald reached a record volume of 465.6 million contracts in 2024, a 52.2% increase YoY and representing a record market share of 4.2%, a 37.4% increase YoY. December volume reached a record 52.5 million contracts, a 72.0% increase YoY and representing a monthly market share of 5.2%, a 41.3% increase YoY.
  • In U.S. equities, MIAX Pearl Equities™ reached a record volume of 49.9 billion shares in 2024, a 6.2% increase YoY and representing a market share of 1.6%, a 4.4% decrease YoY. December volume totaled 3.8 billion shares, a 12.8% decrease YoY and representing a market share of 1.2%, a 30.0% decrease YoY.
  • In U.S. futures, MIAX Futures, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reached a record volume of 3.2 million contracts in 2024, a 10.2% increase YoY. December volume reached 197,513 contracts, a 44.5% increase YoY.

Additional MIAX Exchange Group and MIAX Futures trading volume and market share information are included in the tables below. 

Multi-Listed Options Trading Volume for

 MIAX Exchange Group, Current Month

Year-to-Date Comparison

Multi-Listed Options
Contracts

Dec-24

Dec-23

% Chg

Nov-24

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% Chg

Dec-24

Dec-23

% Chg

Trading Days

21

20

20

252

250

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U.S. Equity Options Industry

1,011,972,009

831,449,638

21.7 %

1,010,941,318

0.1 %

11,178,827,232

10,092,147,417

10.8 %

MIAX Exchange Group

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165,584,587

128,287,450

29.1 %

163,035,002

1.6 %

1,690,222,589

1,587,012,460

6.5 %

MIAX Options

63,396,610

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51,400,676

23.3 %

60,797,990

4.3 %

691,609,824

634,026,200

9.1 %

MIAX Pearl

31,298,746

46,372,764

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-32.5 %

32,006,908

-2.2 %

468,016,859

647,128,959

-27.7 %

MIAX Emerald

52,472,586

30,514,010

72.0 %

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51,730,078

1.4 %

465,577,123

305,857,301

52.2 %

MIAX Sapphire(1)

18,416,645

0. -0%

18,500,026

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-0.5 %

65,018,783

Multi-Listed Options ADV

Dec-24

Dec-23

% Chg

Nov-24

% Chg

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Dec-24

Dec-23

% Chg

U.S. Equity Options Industry

48,189,143

41,572,482

15.9 %

50,547,066

-4.7 %

44,360,426

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40,368,590

9.9 %

MIAX Exchange Group

7,884,980

6,414,373

22.9 %

8,151,750

-3.3 %

6,707,232

6,348,050

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5.7 %

MIAX Options

3,018,886

2,570,034

17.5 %

3,039,900

-0.7 %

2,744,483

2,536,105

8.2 %

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MIAX Pearl

1,490,416

2,318,638

-35.7 %

1,600,345

-6.9 %

1,857,210

2,588,516

-28.3 %

MIAX Emerald

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2,498,695

1,525,701

63.8 %

2,586,504

-3.4 %

1,847,528

1,223,429

51.0 %

MIAX Sapphire(1)

876,983

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925,001

-5.2 %

258,011

Multi-Listed Options Market Share for

MIAX Exchange Group, Current Month

Year-to-Date Comparison

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Multi-Listed Options Market
Share

Dec-24

Dec-23

% Chg

Nov-24

% Chg

Dec-24

Dec-23

% Chg

MIAX Exchange Group

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16.36 %

15.43 %

6.0 %

16.13 %

1.5 %

15.12 %

15.73 %

-3.8 %

MIAX Options

6.26 %

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6.18 %

1.3 %

6.01 %

4.2 %

6.19 %

6.28 %

-1.5 %

MIAX Pearl

3.09 %

5.58 %

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-44.5 %

3.17 %

-2.3 %

4.19 %

6.41 %

-34.7 %

MIAX Emerald

5.19 %

3.67 %

41.3 %

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5.12 %

1.3 %

4.16 %

3.03 %

37.4 %

MIAX Sapphire(1)

1.82 %

1.83 %

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-0.6 %

0.58 %

(1)

MIAX Sapphire launched trading on August 12, 2024, listing a single class for the first week and additional classes in multiple phases on a weekly schedule through the week of October 21, 2024. 

 

Equities Trading Volume for

MIAX Pearl Equities, Current Month

Year-to-Date Comparison

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Equities Shares (millions)

Dec-24

Dec-23

% Chg

Nov-24

% Chg

Dec-24

Dec-23

% Chg

Trading Days

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21

20

20

252

250

U.S. Equities Industry

308,866

247,729

24.7 %

292,020

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5.8 %

3,064,080

2,758,344

11.1 %

MIAX Pearl Volume

3,827

4,387

-12.8 %

3,767

1.6 %

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49,865

46,935

6.2 %

MIAX Pearl ADV

182

219

-16.9 %

188

-3.3 %

198

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188

5.4 %

MIAX Pearl Market Share

1.24 %

1.77 %

-30.0 %

1.29 %

-4.0 %

1.63 %

1.70 %

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-4.4 %

Futures and Options Trading Volume and Open Interest for MIAX
Futures, Current Month

Year-to-Date Comparison

Futures & Options Contracts

Dec-24

Dec-23

% Chg

Nov-24

% Chg

Dec-24

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Dec-23

% Chg

Trading Days

21

20

20

252

250

MIAX Futures Volume

197,513

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136,652

44.5 %

342,348

-42.3 %

3,188,735

2,894,831

10.2 %

MIAX Futures ADV

9,405

6,833

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37.7 %

17,117

-45.1 %

12,654

11,579

9.3 %

MIAX Futures Open Interest

96,634

63,238

52.8 %

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82,183

17.6 %

About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX SapphireTM), MIAX Futures Exchange, LLC (MIAX FuturesTM), MIAX Derivatives Exchange (MIAXdxTM), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).

MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all four exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism.

MIAX Futures is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures. MIAX Futures is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.

MIAXdx is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Swap Execution Facility (SEF) with the CFTC.

BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.

Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.

MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Chicago, IL and Miami, FL. MIAX Futures offices are located in Minneapolis, MN. MIAXdx offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.

To learn more about MIAX visit www.miaxglobal.com.

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To learn more about MIAX Futures visit www.miaxglobal.com/miax-futures.

To learn more about MIAXdx visit www.miaxdx.com.

To learn more about BSX visit www.bsx.com.

To learn more about Dorman Trading visit www.dormantrading.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected]

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BSV Blockchain Announces Partnership with FT Live for upcoming World Economic Forum 2025

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ZUG, Switzerland, Jan. 8, 2025 /PRNewswire/ –BSV Blockchain is partnering with the Financial Times (FT) for the upcoming World Economic Forum (WEF) conference, taking place from January 20 – 24th 2025, in Davos, Switzerland. This partnership will see BSV Blockchain and FT come together for three impactful events that explore the transformative potential of blockchain technology and its role in driving innovation and resilience across industries.

The three key events at WEF include a virtual webinar which will delve into the topic – ‘The Power of Blockchain for Business Resilience: How Shared Ledger Technologies are Redefining Efficiency and Operations,’ a Davos Daily Show which is a live stream session entitled, ‘The Critical Moment: Driving the Energy Transition Forward’ and a 75-minute roundtable discussion which will focus on the theme, ‘Leveraging Blockchain and AI for Smarter Financial Solutions.’ 

Key spokespeople from BSV Blockchain, including Aleksander Góra and Richard Baker, will attend the events in Davos. They will share their expertise to the discussions and engage with global leaders.

This partnership represents an important milestone for BSV Blockchain as it positions itself as a leading voice in blockchain and Web3 technologies. By partnering with the Financial Times and participating in the WEF 2025, BSV Blockchain aims to drive meaningful conversations about the future of enterprise blockchain and the role of blockchain in creating secure, efficient and resilient systems.

Richard Baker, Board Member at the BSV Association said, “We are very proud of this partnership with FT at WEF as it highlights shared values, drives collective progress and enhances blockchain industry trust and awareness.”

Through these events, BSV Blockchain seeks to amplify its role as an enabler in Web3 innovation and showcase the transformative potential of blockchain technology for businesses worldwide.

About BSV Blockchain:

The BSV Blockchain leads the BSV blockchain for Enterprise and Government initiatives. They are based on the original Bitcoin protocol rules and those set out in the Bitcoin white paper.

About The BSV Association:

The BSV Association is a global non-profit organisation based in Switzerland. It is focused on enhancing the adoption and development of the BSV blockchain. The BSV Association oversees the creation of tech standards and helps governments, businesses, developers, and users learn how to build a worldwide blockchain ecosystem.

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Ridgewood Infrastructure Announces Sale of SiEnergy Regulated Utility

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NEW YORK, Jan. 8, 2025 /PRNewswire/ — Ridgewood Infrastructure, a leading infrastructure investment firm focused on essential infrastructure in the U.S. lower middle market, today announced the successful sale of its 80% interest in SiEnergy to Northwest Natural Holding Company (NYSE: NWN).

SiEnergy is a regulated utility providing essential natural gas services to residential and commercial customers in the greater metropolitan areas of Houston, Dallas, and Austin. Since acquiring the business in 2019, Ridgewood Infrastructure has led the transformation of SiEnergy into one of the fastest-growing natural gas distribution utilities in the nation. Under Ridgewood’s stewardship, SiEnergy organically expanded its service base from approximately 20,000 to more than 70,000 customers.

“SiEnergy exemplifies Ridgewood Infrastructure’s continued ability to create differentiated investments on behalf of our investors,” said Michael Albrecht, Managing Partner of Ridgewood Infrastructure. “Our focus on operational and service excellence ensured the company was able to scale and will benefit SiEnergy’s customers for years to come.”

Albrecht added: “We are pleased with the accomplishments of SiEnergy, which reflect the dedication of the company’s leadership team, employees, and partners, all of whom have played a pivotal role in its success.”

RBC Capital Markets, LLC acted as exclusive financial advisor and White & Case LLP as legal advisor to Ridgewood Infrastructure.

About Ridgewood Infrastructure

Ridgewood Infrastructure is a leading infrastructure investor in the U.S. lower middle market with sectors of focus including Water, Energy Transition, Transportation, and Utilities. For more information, visit www.ridgewoodinfrastructure.com.

Contact Information:
Ridgewood Infrastructure
527 Madison Avenue, 18th Floor
New York, NY 10022
Phone: (212) 867-0050
[email protected]

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