Crowdfunding Market Share, Size, Trends, Industry Analysis Report: Information By Type (Equity-based, Debt-based, Others), By Application And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 -203

Crowdfunding Market Share, Size, Trends, Industry Analysis Report: Information By Type (Equity-based, Debt-based, Others), By Application And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 -2032

The crowdfunding market size is expected to reach USD 72.88 billion by 2032, according to a new study by Polaris Market Research. The report “Global Crowdfunding Market Share, Size, Trends, Industry Analysis Report: Information By Crowdfunding Type (Equity- Based, Debt Based, Others), By Application And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The crowdfunding market is propelled by the advancement of technology, which includes artificial intelligence, machine learning, blockchain, and fintech. Social media act as a medium of marketing, attracting more investors and broadening the scope of crowdfunding platforms. The increasing number of social media users on platforms such as Twitter, Facebook, Instagram, and LinkedIn to connect with the rest of the world is a key factor contributing to market growth.

The crowdfunding market is experiencing significant growth due to the rising number of startups that are offering an extensive network of investors to collect and raise funds for new businesses or startups in a shorter duration. Moreover, traditional banking takes a longer duration to fund business activities due to prolonged paperwork, pending applications, and others. However, crowdfunding has easy procedures and a wide network of investors, which help startups and entrepreneurs pitch their startups to a large number of audiences at a single point and gain investments to finance their business activities on a short basis.

The prominence of reward-based crowdfunding in the market is on the rise, primarily due to the supplementary incentives in the form of services or rewards offered by startups or companies to investors. Typically, supplementary incentives involve the provision of goods or services to investors, thereby aiding in the establishment of trust and confidence in startups. Reward-based crowdfunding provides tangible products or intangible services to investors, which promotes and helps to gain feedback about the offerings.

Crowdfunding Market Report Highlights

Debt-based crowdfunding dominated the market due to the convenience being provided by the platforms to raise funds from investors directly.

The food & beverage segment is anticipated to dominate the market during the forecast year due to the increasing number of cafes and restaurants worldwide.

The North America region accounted for the largest market share in the year 2023 due to the growing rate of technological innovation and the emergence of IT companies.

The global key market players are Kickstarter, SeedInvest, RM Technologies, Fundly, Indiegogo, Crowdcube, Gofundme, Crowdfunder, StartEngine, Jingdong, Owners Circle, Alibaba, Patreon, Wefunder, CicleUp, Nav Technologies, Thunder Fund, and Pozible.

Polaris Market Research has segmented the crowdfunding market report based on crowdfunding type, application type, and region:

Crowdfunding Type Outlook (Revenue - USD Billion, 2019 - 2032)

Equity-based

Debt-based

Others

Crowdfunding Application Outlook (Revenue - USD Billion, 2019 - 2032)

Food & Beverage

Healthcare

Technology

Real Estate

Media

Others

Crowdfunding Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

- U.S.

- Canada

Europe

- Germany

- UK

- France

- Italy

- Spain

- Russia

- Netherlands

- Rest of Europe

Asia Pacific

- China

- India

- Japan

- South Korea

- Indonesia

- Malaysia

- Australia

- Rest of Asia Pacific

Latin America

- Argentina

- Brazil

- Mexico

- Rest of Latin America

Middle East & Africa

- UAE

- Saudi Arabia

- Israel

- South Africa

- Rest of Middle East & Africa