The Financial Services Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the Financial Services Software Global Market Report 2025 has displayed considerable growth. The market, which was valued at $151.48 billion in 2024, is expected to reach $163.79 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.1%.
In 2029, the financial services software market is projected to reach a market size of $253.77 billion with a compound annual growth rate (CAGR) of 11.6%.
Download Your Free Sample of the 2025 Financial Services Software Market Report and Uncover Key Trends Now!The key drivers in the financial services software market are:
• Expansion of robo-advisory services
• Wider adoption of smart contracts
• The growth in subscription-based pricing models
• Increasing use of biometrics in financial services software
The financial services software market covered in this report is segmented –
1) By Component: Software, Service
2) By Type: Cloud-based, On-Premise
3) By Application: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
The key trends in the financial services software market are:
• An increasing shift towards cross-border payment solutions and robo-advisory services is being observed.
• Subscription-based pricing models and smart contracts are gaining momentum in the financial software services market.
• The trend of hyper-automation and digital currencies are heavily influencing the future of the market.
• The adoption of green finance solutions, multi-cloud adoption, and augmented reality in finance are emerging trends.
Major companies in the financial services software market are:
• Microsoft Corporation
• International Business Machines Corporation
• Oracle Corporation
• SAP SE
• Automatic Data Processing Inc.
• Fidelity National Information Services Inc.
• Bloomberg L.P.
• NCR Corporation
• Workday Inc.
• Asseco Group
• Capita plc
• Black Knight Inc.
• ACI Worldwide Inc.
• Hyland Software Inc.
• Axway Inc.
• Clearwater Analytics LLC
• Calypso Technology Inc.
• Backbase
• Alfa Financial Software Holdings plc
• Argo Data Resource Corp.
• Banqsoft AS
• ARCHIBUS Inc.
• Calyx Technology Inc.
• AdviseSoft LLC
• Clarifire
North America was the largest region in the financial services software market in 2024