Crowdfunding Market Size, Industry Analysis Report by Type (Reward crowdfunding, Debt crowdfunding, Equity crowdfunding, Donation crowdfunding, and Others), by Deployment Type (On Premises and Cloud), by Sales (Reward, P2P Lending, Equity Investment, and Hybrid), by Region (North America, MEA, Europe, Asia Pacific, and Latin America) & Region - Forecasts
- PUBLISHED ON
- 2024-01-01
- NO OF PAGES
- 267
- CATEGORY
- Banking & Finance
Global Crowdfunding Market Analysis by Type, Deployment Type, Sales, end use, Region and segments forecast till 2033
Market Overview
The global crowdfunding market was worth USD 13,350 million in 2022 and is poised to amplify at a CAGR of 11.7% over 2023-2033, thereby amassing a valuation of USD 25,930 million by end of the assessment timeframe.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 13,350 million |
Market Forecast in 2033 | USD 25,930 million |
CAGR % 2023-2033 | 11.7% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more |
Key Companies | Birchal, CircleUp Network Inc., ConnectionPoint Systems Inc., Crowdcube, Crowdfunder Ltd., Crowdrise, Equitise, Fuel a Dream, Fundable LLC, Fundrise LLC, GoFundMe Inc., Indiegogo, Kickstarter PBC, Mightycause, Patreon, RocketHub, SeedInvest Technology, Seedrs, StartEngine, SyndicateRoom, Venture Crowd, Gust, FirstGiving, Teespring, DonorsChoose.org., FundRazr, Kiva, and AngelList Holdings, LLC |
Global Crowdfunding Market- Description
Crowdfunding is predominantly referred to as the process of securing funds for a charitable cause or a business project from a large group of individuals. With rapid digital evolution, various online platforms have been developed to assist fundraisers in collecting money via the internet. It reduces the dependency of enterprises on venture capitalists and banks for financial assistance. Crowdfunding is commonly used by startup companies to efficiently finance their new business ventures.
Increasing internet penetration, rise in the number of social media users, and surging startup companies across the globe are primarily aiding the expansion of this industry sphere. Moreover, the escalating adoption of crowdfunding sources by non-profit groups to help communities and individuals in need is positively swaying the market dynamics. Alongside, technological innovations in the field is adding momentum to the industry progression. Also, crowdfunding platforms are being extensively used by enterprises for market testing, specifically in terms of pricing. This in turn is creating lucrative opportunities for the market to prosper. However, crowdfunding is a time consuming process and might result in massive delays in completion of projects or targets set by the fundraiser. This is one of the pivotal factors hindering the remuneration scope of this market sphere.
Global crowdfunding market: Key trends
· COVID-19 pandemic outrage created an upward trend in the market growth
Also, the COVID-19 pandemic outbreak had a positive impact on the worldwide crowdfunding market. Numerous crowdfunding campaigns were launched by individuals, enterprises, NGOs, and government bodies to provide financial aid to the affected population. It also led to an increase in reward based crowd funding activities, thereby stimulating the overall industry outlook.
· Increasing social media penetration to augment the industry outlook
With rising internet penetration, there has been a surging inclination of the masses towards the use of social media platforms. These platforms enable fundraises to connect with donors globally and help them secure the required funds in real time. Moreover, the rising popularity of social media crowdfunding campaigns is further adding momentum to the market development.
Global crowdfunding market: Segmental Analysis
By Type:
· Reward crowdfunding
· Debt crowdfunding
· Equity crowdfunding
· Donation crowdfunding
· Others
The reward crowdfunding segment is poised to garner significant returns over 2023-2033 due to the widespread deployment of this funding method by enterprises to build their customer base.
By Deployment Type:
· On Premises
· Cloud
The cloud segment is slated to amass notable gains over the assessment timeline owing to the affordability and ease of use pertaining to cloud based platforms.
By Sales/Procurement Type:
· Reward
· P2P Lending
· Equity Investment
· Hybrid
The P2P lending segment is poised to grow substantially over the stipulated timeline since individuals can get hold of the required funds for planned ventures in real time with the help of P2P lenders.
By End Use:
· Entrepreneurship
· Social Cause
· Cultural Industries
· Real Estate
· Music
· Technology
· Healthcare
· Publishing
· Others
The entrepreneurship segment is anticipated to capture a high market share over 2023-2033 ascribing to the massive rise in the number of startup companies.
Global crowdfunding market: Geographical landscape
North America, Middle East & Africa, Europe, Asia Pacific, and Latin America are the major regions defining the geographical landscape of this business sphere. Among these, North America is projected to showcase lucrative growth trends over 2023-2033. This is attributable to the rising social media penetration and establishment of numerous startups.
Global Crowdfunding Market- Recent Developments
· Notably, in May 2020, BuildHer launched its first crowdfunding service to empower disadvantaged Kenyan women with accredited construction skills.
Global Crowdfunding Market: Key Companies
· Birchal
· CircleUp Network Inc.
· ConnectionPoint Systems Inc.
· Crowdcube
· Crowdfunder Ltd.
· Crowdrise
· Equitise
· Fuel a Dream
· Fundable LLC
· Fundrise LLC
· GoFundMe Inc.
· Indiegogo
· Kickstarter PBC
· Mightycause
· Patreon
· RocketHub
· SeedInvest Technology
· Seedrs
· StartEngine
· SyndicateRoom
· Venture Crowd
· Gust
· FirstGiving
· Teespring
· DonorsChoose.org.
· FundRazr
· Kiva
· AngelList Holdings, LLC
· Others
Global Crowdfunding Market: Regional Scope
North America
· U.S.
· Canada
· Mexico
Europe
· U.K.
· Germany
· France
· Italy
· Spain
· Rest of Europe
Asia Pacific
· China
· India
· Japan
· South Korea
· Australia
· Rest of Asia Pacific
South America
· Brazil
· Argentina
· Rest of South America
Middle East and Africa
· Saudi Arabia
· UAE
· Egypt
· South Africa
· Rest of Middle East and Africa
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1. Global Crowdfunding Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Crowdfunding Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Crowdfunding Market Scope and Market Estimation
1.4.1. Global Crowdfunding Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Crowdfunding Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Crowdfunding Market Segmentation
1.5.1. Type of Global Crowdfunding Market
1.5.2. Deployment Type of Global Crowdfunding Market
1.5.3. End-use of Global Crowdfunding Market
1.5.4. Key Regions of Global Crowdfunding Market
2. Global Crowdfunding Market - Executive Summary
2.1. Global Crowdfunding Market – Summary & Snapshot
2.2. Global Crowdfunding Market, By Type (US$ Million)
2.3. Global Crowdfunding Market, By Deployment Type, 2020 to 2021 (US$ Million)
2.4. Global Crowdfunding Market, By End-use (US$ Million)
2.5. Global Crowdfunding Market, By Geography (US$ Million)
2.6. Global Crowdfunding Market Outlook & Future Opportunities
3. Crowdfunding Market Trends, Outlook, and Factors Analysis
3.1. Global Crowdfunding Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Crowdfunding Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Crowdfunding Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Growing internet penetration has extended the reach of crowdfunding platforms across the globe
3.2.1.2. Surge in crowdfunding activities through social media platforms
3.2.1.3. Growing support and encouragement of government in many countries to boost entrepreneurship activities.
3.2.1.4. Driver 3
3.2.1.5. Driver 4
3.2.2. Restraints
3.2.2.1. Failure several crowdfunding programs have created trust issues in investors
3.2.2.2. Restrain 2
3.2.3. Opportunities
3.2.3.1. COVID-19 Pandemic has increased donation crowdsourcing to support and assist communities, individuals, and numerous organizations.
3.2.3.2. Growing Technology and service related startups boosting the crowdfunding programs across the globe
3.2.3.3. Opportunity 3
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Technological Roadmap
3.8. Key Investment Pockets of Crowdfunding Market
3.8.1. By Type
3.8.2. By Deployment Type
3.8.3. By Sales / Procurement Type
3.8.4. By End-use
3.8.5. By Regions
4. Global Crowdfunding Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Crowdfunding Market, 2020 – 2021 (US$ Million)
4.2. Global Crowdfunding Market, By Type, 2020 to 2021 (US$ Million)
4.3. Global Crowdfunding Market, By Deployment Type, 2020 to 2021 (US$ Million)
4.4. Global Crowdfunding Market, By End-use, 2020 to 2021 (US$ Million)
4.5. Global Crowdfunding Market, By Region, 2020 to 2021 (US$ Million)
5. Global Crowdfunding Market Estimates & Forecast Trend Analysis, by Type
5.1. Global Crowdfunding Market Share (%) Estimates and Forecasts, by Type, 2022 & 2033
5.2. Global Crowdfunding Market Revenue (US$ Million) Estimates and Forecasts, by Type, 2022 to 2033
5.2.1. Reward crowdfunding
5.2.2. Debt crowdfunding
5.2.3. Equity crowdfunding
5.2.4. Donation crowdfunding
5.2.5. Others
6. Global Crowdfunding Market Estimates & Forecast Trend Analysis, by Deployment Type
6.1. Global Crowdfunding Market Share (%) Estimates and Forecasts, by Deployment Type, 2022 & 2033
6.2. Global Crowdfunding Market Revenue (US$ Million) Estimates and Forecasts, by Deployment Type, 2022 to 2033
6.2.1. On Premises
6.2.2. Cloud
7. Global Crowdfunding Market Estimates & Forecast Trend Analysis, by Deployment Type
7.1. Global Crowdfunding Market Share (%) Estimates and Forecasts, by Deployment Type, 2022 & 2033
7.2. Global Crowdfunding Market Revenue (US$ Million) Estimates and Forecasts, by Deployment Type, 2022 to 2033
7.2.1. Reward
7.2.2. P2P Lending
7.2.3. Equity Investment
7.2.4. Hybrid
7.2.5. Others
8. Global Crowdfunding Market Estimates & Forecast Trend Analysis, by End-use
8.1. Global Crowdfunding Market Share (%) Estimates and Forecasts, by End-use, 2022 & 2033
8.2. Global Crowdfunding Market Revenue (US$ Million) Estimates and Forecasts, by End-use, 2022 to 2033
8.2.1. Entrepreneurship
8.2.2. Social Cause
8.2.3. Cultural Industries
8.2.4. Real Estate
8.2.5. Music
8.2.6. Technology
8.2.7. Healthcare
8.2.8. Publishing
8.2.9. Others
9. Global Crowdfunding Market Analysis and Forecast, by Region
9.1. Global Crowdfunding Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
9.2. Global Crowdfunding Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
10. North America Crowdfunding Market: Estimates & Forecast Trend Analysis
10.1. North America Crowdfunding Market Assessments & Key Findings
10.2. North America Crowdfunding Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Crowdfunding Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
10.3.1. By Type
10.3.2. By Deployment Type
10.3.3. Sales / Procurement Type
10.3.4. By End-use
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
11. Europe Crowdfunding Market: Estimates & Forecast Trend Analysis
11.1. Europe Crowdfunding Market Assessments & Key Findings
11.2. Europe Crowdfunding Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Crowdfunding Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
11.3.1. By Type
11.3.2. By Deployment Type
11.3.3. Sales / Procurement Type
11.3.4. By End-use
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
12. Asia Pacific Crowdfunding Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Crowdfunding Market Assessments & Key Findings
12.2. Asia Pacific Crowdfunding Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Crowdfunding Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
12.3.1. By Type
12.3.2. By Deployment Type
12.3.3. Sales / Procurement Type
12.3.4. By End-use
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
13. Middle East & Africa Crowdfunding Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Crowdfunding Market Assessments & Key Findings
13.2. Middle East & Africa Crowdfunding Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Crowdfunding Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
13.3.1. By Type
13.3.2. By Deployment Type
13.3.3. Sales / Procurement Type
13.3.4. By End-use
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
14. Latin America Crowdfunding Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Crowdfunding Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Crowdfunding Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
14.3.1. By Type
14.3.2. By Deployment Type
14.3.3. Sales / Procurement Type
14.3.4. By End-use
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
15. Competitive Landscape
15.1. Crowdfunding Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Crowdfunding Market Competition Matrix, by Leading Players
15.3. Crowdfunding List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
16. Company Profiles
16.1. AngelList Holdings, LLC
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. Birchal
16.3. CircleUp Network Inc.
16.4. ConnectionPoint Systems Inc.
16.5. Crowdcube
16.6. Crowdfunder Ltd.
16.7. Crowdrise
16.8. Equitise
16.9. Fuel a Dream
16.10. Fundable LLC
16.11. Fundrise LLC
16.12. GoFundMe Inc.
16.13. Indiegogo
16.14. Kickstarter PBC
16.15. Mightycause
16.16. Patreon
16.17. RocketHub
16.18. SeedInvest Technology
16.19. Seedrs
16.20. StartEngine
16.21. SyndicateRoom
16.22. Venture Crowd
16.23. Gust
16.24. FirstGiving
16.25. Teespring
16.26. DonorsChoose.org
16.27. FundRazr
16.28. Kiva
16.29. Others
17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Sources
17.13. Assumptions
17.14. Limitations
18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
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Case Study- ICT Sector
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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