Global Crowdfunding Market size was valued at USD 1.26 billion in 2022 and is projected to reach USD 3.75 billion by 2030, growing at a CAGR of 14.6% from 2023 to 2030.
"Crowdfunding" is a word used to describe a way to raise money for a project or business from a range of sources, including equity and non-equity sources. The Internet or other social media networks may be used as the fundraising platform. These platforms for crowdsourcing bring together investors and company owners seeking finance. Due to unmet consumer potential in many places, investors are becoming more interested in crowdfunding. North America has more opportunities in the crowdfunding sector as a result of the participation of economically sound nations like the United States in this region.
Top Key Players Covered In The Crowdfunding Market:
- Crowdfunder Ltd. (US)
- Fundable LLC (US)
- AngelList Holdings (US)
- CircleUp Network Inc. (US)
- ConnectionPoint Systems Inc. (US)
- Crowdcube Ltd. (UK)
- Fundrise LLC (US)
- GoFundMe Inc. (US)
- Indiegogo Inc. (US)
- Kickstarter PBC (US) and Other Major Players
Market Dynamics and Factors:
The increase in start-ups and numerous new modest initiatives is what is driving the growth of the crowdfunding sector for their cash requirements. Furthermore, developing nations like North America, Europe, and Asia Pacific are experiencing tremendous growth in the real estate sector. As a result, the crowdfunding market is expanding as a result of the rising demand for capital in the real estate industry. Additionally, this sector has a substantial market share for crowdfunding. Increasing crowdfunding activities on social media platforms plays a vital role to fuel the demand for upcoming crowdfunding projects. Social media and technological improvements have provided much-needed acceleration to this industry.
One of the key factors driving the rise of the crowdfunding industry is free social media promotion. It works as both a low-cost marketing approach and a way to pre-sell a product. As a result, a successful crowdfunding campaign can achieve more than just raising money. These advertisements are inexpensive and effective in immediately reaching a variety of channels. Social media is a popular tool for crowdfunding initiatives because it enables them to track referral traffic to their websites. As a result, a business can use social media to advertise an idea for nothing, and this is anticipated to drive the global crowdfunding market throughout the projected period. All of these distinct qualities contribute to the market's rapid growth during the forecast period.
Crowdfunding Market Report Highlight:
- By Type, the equity Crowdfunding segment is anticipated to lead the growth of the Crowdfunding market in the forecasted timeframe. capital is an important factor considered to make the business run in the long run. As start-ups require this substantial capital when they are in the pre-profit-making stage, they choose to raise it through equity crowdfunding and draw investors to the business. All of this enables businesses to interact, create new networks, and socialize in ways that they may later use.
- By Application, the technology segment is expected to have the highest share of the Crowdfunding market over the projected period. One of the causes for increased funding and expanding revenue share of the technology segment is the increasing application of various AI and ML technological developments in many industries., thereby boosting segment growth.
- The North American region is expected to have the highest share of the Crowdfunding market over the projected period. The increasing number of startup companies across the region is driving the regional market growth. The presence of prominent players such as GoFundMe, Indiegogo Inc., and RealCrowd provides a high potential for these activities in North America. Additionally, North America has a large number of startups in this region.
Key Industry Development:
- In October 2022, StartEngine, a capital market firm, acquired SeedInvest. The acquisition allowed StartEngine to provide more start-up founders access to raise capital online from retail investors.
- In May 2022, Alira Health acquired RedCrow, an alternative investment crowdfunding platform that provides different investors easy access to healthcare start-ups. The integration of RedCrow enables the general public to invest in developing private medical companies.
Crowdfunding Market Segmentation:
By Type
- Reward-based Crowdfunding
- Equity Crowdfunding
- Donation
- Others
By Application
- Cultural Sector
- Technology
- Product
- Healthcare
- Others
For this report, Introspective Market Research has segmented the Crowdfunding Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
