Global Crowdfunding Market 2024-2028
The crowdfunding market is forecasted to grow by USD 310.07 bn during 2023-2028, accelerating at a CAGR of 14.94% during the forecast period. The report on the crowdfunding market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of social media as a source of free-of-cost promotion, easy access to capital in comparison with traditional funding, and an increasing customer base in terms of investors.
Technavio's crowdfunding market is segmented as below:
By Type
- P2P lending
- Equity investment
- Hybrid
- Reward
- Others
By Deployment
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies crowdfunding campaigns as avenues for crowdsourcing as one of the prime reasons driving the crowdfunding market growth during the next few years. Also, the growing adoption of blockchain technology for crowdfunding and the gaining popularity of niche crowdfunding platforms will lead to sizable demand in the market.
The report on the crowdfunding market covers the following areas:
- Crowdfunding market sizing
- Crowdfunding market forecast
- Crowdfunding market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crowdfunding market vendors that include Chuffed.org Pty Ltd., Companisto GmbH, ConnectionPoint Systems Inc., Crowdcube Ltd., Crowdera Inc, Crowdfunder Ltd., DonorsChoose, FUELADREAM Online Ventures Pvt. Ltd., Fundable LLC, Fundly Inc., GGF Global Ltd., GoFundMe Inc., Indiegogo Inc., Ioby Inc., Ketto Online Ventures Pvt. Ltd., Kickstarter PBC, Kiva Microfunds, OPENDEAL INC., Patreon Inc., and Wishberry Online Services Pvt. Ltd.. Also, the crowdfunding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.