Product Code: GVR-4-68040-006-1
Crowdfunding Market Growth & Trends:
The global crowdfunding market size is expected to reach USD 5.53 billion by 2030, growing at a CAGR of 16.2% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. Growing demand for low-cost promotional tools, such as social media platforms for crowdfunding campaigns, is a major factor driving market growth. Furthermore, rising internet penetration has led to more accessibility of online crowdfunding platforms, which is further contributing to the growth of the crowdfunding market.
Numerous crowdfunding platform providers remain focused on launching niche areas such as serving black women. For instance, in May 2020, BuildHer, a crowdfunding platform for women, launched its service to support young women in Kenya with credited construction skills leading to greater financial prosperity and promoting gender equality within the construction industry. Such launches are expected to create lucrative growth opportunities for the market over the coming years.
An increasing number of startup companies globally has also led to a greater demand for crowdfunding platforms. For instance, in July 2022, India witnessed a rise of 15,400% number of startups which increased from 471 in 2016 to 72,993 as of June 2022. Startup companies raised funds to increase their market presence globally and invest more in research and development activities. Such a rise in the number of startup companies is expected to further drive market growth.
The COVID-19 outbreak played a vital role in driving the crowdfunding market growth over the forecast period. The number of donations through crowdfunding platforms increased during the pandemic for COVID care treatment, hospitalization, and oxygen relief campaigns. For instance, on Milaap, a crowdfunding platform, the number of donations for the COVID-19 pandemic increased from 325,000 in 2020 to 400,000 in 2021. Similarly, in 2021, through GoFundMe, a crowdfunding platform, more than 175,000 crowdfunding campaigns were established in the U.S. for the COVID-19 pandemic-related needs.
Crowdfunding Market Report Highlights:
- The equity-based crowdfunding segment is expected to witness rapid growth over the forecast period. The segment growth can be attributed to the growing popularity of equity crowdfunding platforms as it offers an equity share of the company to investors
- The technology segment is expected to witness significant growth over the forecast period. Growing demand for integrating innovative technologies such as blockchain, machine learning, and Artificial Intelligence (AI) into various digital platforms is expected to propel the growth of the segment
- North America dominated the regional market in 2021. The rising number of startup companies across the region is driving the growth of the regional market
Table of Contents
Chapter 1 Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. List of Data Sources
Chapter 2 Executive Summary
- 2.1. Market Snaphot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3 Crowdfunding Industry Outlook
- 3.1. Market Segmentation and Scope
- 3.2. Crowdfunding Market - Value Chain Analysis
- 3.3. Crowdfunding Market - Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.1.1. Rising usage of social media platforms for fundraising
- 3.3.1.2. Technology innovation in crowdfunding platforms
- 3.3.2. Market challenge analysis
- 3.3.2.1. Lack of regulatory framework
- 3.3.3. Market challenge analysis
- 3.3.3.1. Emerging blockchain-based crowdfunding solutions
- 3.4. Crowdfunding Market - Porter's Five Forces Analysis
- 3.5. Crowdfunding Market - PESTEL Analysis
Chapter 4 Crowdfunding Type Outlook
- 4.1. Crowdfunding Market Share By Type, 2021
- 4.2. Equity-based crowdfunding
- 4.2.1. Equity-based crowdfunding market, 2017 - 2030
- 4.3. Debt-based crowdfunding
- 4.3.1. Debt-based crowdfunding market, 2017 - 2030
- 4.4. Others
- 4.4.1. Others crowdfunding market, 2017 - 2030
Chapter 5 Crowdfunding Application Outlook
- 5.1. Crowdfunding Market Share By Application, 2021
- 5.2. Food & Beverage
- 5.2.1. Crowdfunding market in food & beverage, 2017 - 2030
- 5.3. Technology
- 5.3.1. Crowdfunding market in technology, 2017 - 2030
- 5.4. Media
- 5.4.1. Crowdfunding market in media, 2017 - 2030
- 5.5. Real Estate
- 5.5.1. Crowdfunding market in real estate, 2017 - 2030
- 5.6. Healthcare
- 5.6.1. Crowdfunding market in healthcare, 2017 - 2030
- 5.7. Others
- 5.7.1. Crowdfunding market in healthcare, 2017 - 2030
Chapter 6 Crowdfunding Regional Outlook
- 6.1. Crowdfunding Market Share By Region, 2021
- 6.2. North America
- 6.2.1. North America crowdfunding market, 2017 - 2030
- 6.2.2. North America crowdfunding market, by type, 2017 - 2030
- 6.2.3. North America crowdfunding market, by application, 2017 - 2030
- 6.2.4. U.S.
- 6.2.4.1. U.S. crowdfunding market, 2017 - 2030
- 6.2.4.2. U.S. crowdfunding market, by type, 2017 - 2030
- 6.2.4.3. U.S. crowdfunding market, by application, 2017 - 2030
- 6.2.5. Canada
- 6.2.5.1. Canada crowdfunding market, 2017 - 2030
- 6.2.5.2. Canada crowdfunding market, by type, 2017 - 2030
- 6.2.5.3. Canada crowdfunding market, by application, 2017 - 2030
- 6.3. Europe
- 6.3.1. Europe crowdfunding market, 2017 - 2030
- 6.3.2. Europe crowdfunding market, by type, 2017 - 2030
- 6.3.3. Europe crowdfunding market, by application, 2017 - 2030
- 6.3.4. Germany
- 6.3.4.1. Germany crowdfunding market, 2017 - 2030
- 6.3.4.2. Germany crowdfunding market, by type, 2017 - 2030
- 6.3.4.3. Germany crowdfunding market, by application, 2017 - 2030
- 6.3.5. U.K.
- 6.3.5.1. U.K. crowdfunding market, 2017 - 2030
- 6.3.5.2. U.K. crowdfunding market, by type, 2017 - 2030
- 6.3.5.3. U.K. crowdfunding market, by application, 2017 - 2030
- 6.3.6. Italy
- 6.3.6.1. Italy crowdfunding market, 2017 - 2030
- 6.3.6.2. Italy crowdfunding market, by type, 2017 - 2030
- 6.3.6.3. Italy crowdfunding market, by application, 2017 - 2030
- 6.3.7. Spain
- 6.3.7.1. Spain crowdfunding market, 2017 - 2030
- 6.3.7.2. Spain crowdfunding market, by type, 2017 - 2030
- 6.3.7.3. Spain crowdfunding market, by application, 2017 - 2030
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific crowdfunding market, 2017 - 2030
- 6.4.2. Asia Pacific crowdfunding market, by type, 2017 - 2030
- 6.4.3. Asia Pacific crowdfunding market, by application, 2017 - 2030
- 6.4.4. China
- 6.4.4.1. China crowdfunding market, 2017 - 2030
- 6.4.4.2. China crowdfunding market, by type, 2017 - 2030
- 6.4.4.3. China crowdfunding market, by application, 2017 - 2030
- 6.4.5. India
- 6.4.5.1. India crowdfunding market, 2017 - 2030
- 6.4.5.2. India crowdfunding market, by type, 2017 - 2030
- 6.4.5.3. India crowdfunding market, by application, 2017 - 2030
- 6.4.6. Japan
- 6.4.6.1. Japan crowdfunding market, 2017 - 2030
- 6.4.6.2. Japan crowdfunding market, by type, 2017 - 2030
- 6.4.6.3. Japan crowdfunding market, by application, 2017 - 2030
- 6.4.7. South Korea
- 6.4.7.1. South Korea crowdfunding market, 2017 - 2030
- 6.4.7.2. South Korea crowdfunding market, by type, 2017 - 2030
- 6.4.7.3. South Korea crowdfunding market, by application, 2017 - 2030
- 6.5. Latin America
- 6.5.1. Latin America crowdfunding market, 2017 - 2030
- 6.5.2. Latin America crowdfunding market, by type, 2017 - 2030
- 6.5.3. Latin America crowdfunding market, by application, 2017 - 2030
- 6.5.4. Brazil
- 6.5.4.1. Brazil crowdfunding market, 2017 - 2030
- 6.5.4.2. Brazil crowdfunding market, by type, 2017 - 2030
- 6.5.4.3. Brazil crowdfunding market, by application, 2017 - 2030
- 6.5.5. Mexico
- 6.5.5.1. Mexico crowdfunding market, 2017 - 2030
- 6.5.5.2. Mexico crowdfunding market, by type, 2017 - 2030
- 6.5.5.3. Mexico crowdfunding market, by application, 2017 - 2030
- 6.6. MEA
- 6.6.1. MEA crowdfunding market, 2017 - 2030
- 6.6.2. MEA crowdfunding market, by type, 2017 - 2030
- 6.6.3. MEA crowdfunding market, by application, 2017 - 2030
Chapter 7 Competitive Analysis
- 7.1. Recent Developments and Impact Analysis, by Key Market Participants
- 7.2. Company Categorization
- 7.3. Vendor Landscape
- 7.3.1. Key company market share analysis, 2021
- 7.4. Company Analysis Tools
- 7.4.1. Company market position analysis
- 7.4.2. Competitive dashboard analysis
Chapter 8 Competitive Landscape
- 8.1. Kickstarter, PBC
- 8.1.1. Company overview
- 8.1.2. Financial performance
- 8.1.3. Product benchmarking
- 8.1.4. Strategic initiatives
- 8.2. Indiegogo, Inc.
- 8.2.1. Company overview
- 8.2.2. Financial performance
- 8.2.3. Product benchmarking
- 8.2.4. Strategic initiatives
- 8.3. GoFundMe
- 8.3.1. Company overview
- 8.3.2. Financial performance
- 8.3.3. Product benchmarking
- 8.3.4. Strategic initiatives
- 8.4. Fundable
- 8.4.1. Company overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.4.4. Strategic initiatives
- 8.5. Crowdcube
- 8.5.1. Company overview
- 8.5.2. Financial performance
- 8.5.3. Product benchmarking
- 8.5.4. Strategic initiatives
- 8.6. SeedInvest Technology, LLC
- 8.6.1. Company overview
- 8.6.2. Financial performance
- 8.6.3. Product benchmarking
- 8.6.4. Strategic initiatives
- 8.7. Fundly
- 8.7.1. Company overview
- 8.7.2. Financial performance
- 8.7.3. Product benchmarking
- 8.7.4. Strategic initiatives
- 8.8. RealCrowd
- 8.8.1. Company overview
- 8.8.2. Financial performance
- 8.8.3. Product benchmarking
- 8.8.4. Strategic initiatives
- 8.9. RM Technologies LLC.
- 8.9.1. Company overview
- 8.9.2. Financial performance
- 8.9.3. Product benchmarking
- 8.9.4. Strategic initiatives
- 8.10. Wefunder
- 8.10.1. Company overview
- 8.10.2. Financial performance
- 8.10.3. Product benchmarking
- 8.10.4. Strategic initiatives