The Pension Fund Management Software Global Market Report 2023, provides comprehensive information on the pension fund management software market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pension Fund Management Software Market’s Growth:
The global pension fund management software market size is expected to grow from $4.86 billion in 2022 to $5.34 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pension fund management software market size is expected to reach $7.51 billion in 2027 at a CAGR of 8.9%.
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Product innovation is the key trend gaining popularity in the pension fund management software market. Major companies operating in the pension fund management software market are focusing on developing platforms that make the pension fund management process more efficient throughout various applications and companies, especially during mergers. For instance, in January 2022, Smart Pension Ltd., a UK-based retirement technology company, launched Keystone, a new technology platform for the retirement savings sector. Keystone is a powerful new tool for employers to create workplace pension schemes. Keystone is a stand-alone workplace retirement savings platform that integrates with various financial services and retirement software, as well as payroll and HR administration. Users of existing pension services can also smoothly transition to Keystone’s technology, saving both companies and employees time and money. Keystone, a flexible, agile, and cloud-native platform built on a single global code base, also provides radical efficiency to major data migrations, allowing consolidation and M&A initiatives that traditionally took years with legacy systems to be completed in weeks or even days.
The pension fund management software market is segmented:
1) By Deployment Mode: Cloud, Hybrid, On-Premise
2) By Enterprise Size: Small And Medium-Sized Firms, Large Firms
3) By Application: Android, Web-based, iPhone
4) By End-User: Banking, Credit Unions, Financial Institutions
North America was the largest region in the pension fund management software market in 2022.
The table of contents in TBRC’s pension fund management software market report includes:
- Executive Summary
- Pension Fund Management Software Market Characteristics
- Pension Fund Management Software Market Trends And Strategies
- Pension Fund Management Software Market – Macro Economic Scenario
- Pension Fund Management Software Market Size And Growth
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- Africa Pension Fund Management Software Market
- Pension Fund Management Software Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Pension Fund Management Software Market
- Pension Fund Management Software Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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