Finance App Market to Garner Maximum Revenues Worth $2.01 Billion with a CAGR of 11.1% By 2028

Finance App Market to Garner Maximum
Revenues Worth $2.01 Billion with a CAGR of
11.1% By 2028
“Rising demand for customized budgeting app across the globe is propelling the market
growth. A surge in the adoption of the analytical app for better access to financial
graphs is set to boost the growth of the market. Global key player Mint had updated the
app service in the financial year 2021-2022 to analyze personal spending. The rising
trend to adopt the micro-investing app in the Middle East and Africa is anticipated to
boost the market growth.”
The global finance app market size is expected to reach USD 2.01 billion by 2028, registering a CAGR of 11.1% over the
forecast period, according to a new report by Million Insights. The market growth is owing to the rising demand for
tracking investment apps from consumers in emerging economies, such as China and India. Moreover, the increasing
demand for one-stop digital money management app services in Europe is refueling the market growth.
Rising demand for customized budgeting app across the globe is propelling the market growth. A surge in the adoption
of the analytical app for better access to financial graphs is set to boost the growth of the market. Global key player Mint
had updated the app service in the financial year 2021-2022 to analyze personal spending. The rising trend to adopt the
micro-investing app in the Middle East and Africa is anticipated to boost the market growth.
Key players are focusing to provide book-keeping management app to scan and upload financial documents. The prime
key players are offering debt management BI tools to track financial statements. Multiple companies are providing
financial updates for their clients to analyses asset management. A surge in the adoption of 5G connectivity across the
globe will contribute to the commercial opportunities for the global key players.
Apple iOS store segment will register the highest growth over the forecast period. This can be credited to the growing
demand for iCloud-based cloud storage systems from the consumers of the U.S. and Canada. Fewer security breaches
and seamless connectivity are refueling the market growth. Jailbreaking for customization, multi-language, and smooth
multitasking feature, and better access for the finical app also reflects the significant market growth over the forecast
period.
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The Asia Pacific region made the largest contribution in the global finance app of over 45% share in 2020 due to the
rising demand for risk management solutions from the consumer the China and India. The rising trend in China to adopt
business intelligence solutions to meet the need for financial institutions are propelling the market growth.
Finance App Market Report Highlights
• The Asia Pacific region made the largest contribution to the global market with a revenue share of over 45% in
2020. This can be credited to the rising demand for payments interface apps from the consumers of China and
India
• Google play store segment held the highest revenue share of 65% in 2020. This can be credited to the rising
demand for the enhanced spotlight search optimization-based app from the consumers of the U.K. and the U.S.
• Apple iOS Store segment is projected to witness a CAGR of 12.5% from 2021 to 2028. This can be attributed to
the growing demand for premium trading app services from consumers of developed economies
• The Middle East and Africa region is projected to witness a CAGR of 13.6% from 2021 to 2028. Soaring demand
for the peer-to-peer investing apps in Saudi Arabia is estimated to escalate the market growth over the forecast
period
Finance App Market Segmentation
Million Insights has segmented the global finance apps market based on marketplace and region:
Finance App Marketplace Outlook (Revenue, USD Million, 2017 - 2028)

• Google Play Store
• Apple iOS Store
• Others.
Finance App Regional Outlook (Revenue, USD Million, 2017 - 2028)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Central & South America
• Brazil
• Argentina
• Rest of Central & South America
• Middle East & Africa
• Saudi Arabia

• South Africa
• Rest of Middle East & Africa
List of Key Players of the Finance app Market
• Appello Pty. Ltd.
• Arateg
• Emizen Tech
• NIX United
• Shakuro
• Arka Softwares
• Peerbits
• Endive Software
• Diceus
• Sidebench Studios
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