Crowdfunding Market

Crowdfunding Market by Product Types (Reward-based Crowdfunding, Equity Crowdfunding, Donation, and Others), End-users (Cultural Sector, Technology, Product, and Healthcare), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: BFSI-3102
  • Author: Growth Market Reports
  • Rating: 4.4
  • Total Reviews: 3
  • No. Of Pages: 203
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The global crowdfunding market is anticipated to expand at substantial CAGR during the forecast period, between 2021 and 2028. Crowdfunding refers to the process of providing funds to a project or a venture by raising small portions of money from a large group of people. Crowdfunding is usually done over the Internet to facilitate cashless and efficient transactions. Crowdfunding is a form of alternative finance that is a source of capital for many business ventures. Three parties are involved in crowdfunding, namely the project initiator (organization or individual who proposes the project or venture), individuals or groups supporting the project financially, and a platform that acts as a communicator between the two parties.

Crowdfunding Market

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising urbanization has surged the number of start-ups and innovative projects, which primarily drives the crowdfunding market.
  • Increasing awareness about crowdfunding and financial further fuels the market growth.
  • Growing penetration of the Internet in many developing regions acts as a driver in the market.
  • Threats of unknowingly funding quackery and fraudulent projects hampers the market growth.
  • Social media platforms act as free of cost promotion resource for crowdfunding, enabling companies to make their pre-selling and marketing products at a convenience. This provides lucrative opportunities for the market growth.
  • The outbreak of COVID 19 positively impacted the market owing to increased donation crowdfunding to support and help communities and people in need.

Scope of the report:

The report on the global crowdfunding market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Crowdfunding Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Types (Reward-based Crowdfunding, Equity Crowdfunding, Donation, and Others), End-users (Cultural Sector, Technology, Product, and Healthcare)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Crowdfunding Market Segment Insights:

Availability of rewards drive the reward- based crowdfunding segment

Based on product types, the crowdfunding market can be segmented into reward-based crowdfunding, equity crowdfunding, donation, and others. The reward-based crowdfunding segment is estimated to grow at a rapid pace during the forecast period. This type of crowdfunding involves those donors believing and donating to the cause who get a small reward in exchange. Startups usually use this type of crowdfunding to run their campaigns and raise capital. Investors are given a perk or gift for their financial contribution in the project. Reward-based crowdfunding benefits both the parties involved, mainly the project initiators. Equity crowdfunding offers a company’s security to the group of potential investors in exchange for their funds. Donation is one of the most preferred type of crowdfunding where the group of people finance a cause, where the donors neither get any ownership of the project, nor do they become creditors to the projects.

Crowdfunding Market

Rising number of donation drives the healthcare segment

On the basis of end-users, the market can be segmented into cultural sector, technology, product, and healthcare. Rising number of health issues and medical emergencies and the unavailability of enough funds among the families gave rise to donation crowdfunding. Through this process, the group of investors can donate an amount to the cause or the medical case to help the family of the patients to pay the medical bills. The spread of COVID 19 also boosted this segment growth as many people were out of jobs and were affected by the virus.

Europe to dominate the global market

In terms of regions, the global crowdfunding market can be fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe constituted a significant share of the market in 2020 due to organizing regulations for the crowdfunding model and the emergence of various crowdfunding platforms in the region. Moreover, increase in employment opportunities and economic growth fueled the regional market growth. The market in North America also exhibited a steady growth in crowdfunding owing to the large number of companies and emerging startups, aided by financial stability of the investors and increased awareness about crowdfunding through the Internet. The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period due to growing urbanization and development in countries such as India, China, and Japan.

Crowdfunding Market

Segments

Segments Covered in the Report

By Product Types

  • Reward-based Crowdfunding
  • Equity Crowdfunding
  • Donation
  • Others

By End-users

  • Cultural Sector
  • Technology
  • Product
  • Healthcare

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

Competitive Landscape

Key players in the global crowdfunding market include KickStarter PBC, Indiegogo Inc., gofundme inc, Fundable LLC, and CrowdCube Limited. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and increase their market share.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Crowdfunding Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Crowdfunding Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Crowdfunding Market - Supply Chain
  4.5. Global Crowdfunding Market Forecast
     4.5.1. Crowdfunding Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Crowdfunding Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Crowdfunding Market Absolute $ Opportunity
5. Global Crowdfunding Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Crowdfunding Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Crowdfunding Demand Share Forecast, 2019-2026
6. North America Crowdfunding Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Crowdfunding Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Crowdfunding Demand Share Forecast, 2019-2026
7. Latin America Crowdfunding Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Crowdfunding Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Crowdfunding Demand Share Forecast, 2019-2026
8. Europe Crowdfunding Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Crowdfunding Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Crowdfunding Demand Share Forecast, 2019-2026
9. Asia Pacific Crowdfunding Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Crowdfunding Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Crowdfunding Demand Share Forecast, 2019-2026
10. Middle East & Africa Crowdfunding Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Crowdfunding Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Crowdfunding Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Crowdfunding Market: Market Share Analysis
  11.2. Crowdfunding Distributors and Customers
  11.3. Crowdfunding Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

By Product Types

  • Reward-based Crowdfunding
  • Equity Crowdfunding
  • Donation
  • Others

By End-users

  • Cultural Sector
  • Technology
  • Product
  • Healthcare

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

Key players in the global crowdfunding market include KickStarter PBC, Indiegogo Inc., gofundme inc, Fundable LLC, and CrowdCube Limited. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and increase their market share.

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