Pension Administration Software Market Share, Size, Trends, Industry Analysis Report
The global pension administration software market, valued at USD 4.50 billion in 2022, is projected to grow at a CAGR of 10.55% during the forecast period. Increasing adoption by small and medium-sized businesses, heightened awareness of technological benefits, and the popularity of cloud-based solutions are key drivers of market expansion. Additionally, automation trends aimed at enhancing processing efficiency and accuracy, alongside the introduction of new solutions by leading companies like Smart’s “Keystone” platform in July 2022, further stimulate market growth.