Press release
Global Crowdfunding Market Growth by Global Key Players: Kickstarter PBC, Indiegogo Inc., GoFundMe Inc., Fundable LLC, Crowdcube Limited
Latest released, the research study on Global Crowdfunding Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. Crowdfunding Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Crowdfunding. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: - Kickstarter PBC, - Indiegogo Inc., - GoFundMe Inc., - Fundable LLC, - Crowdcube Limited, - GoGetFunding, - Crowdfunder Inc., - Alibaba Group Holding Limited, - Wefunder Inc., - Fundly, - Jingdong Inc., - Suning.com Co. Ltd, - Owners Circle, - Realcrowd Inc.The crowdfunding market is expected to witness a growth at a CAGR of over 16% during the forecast period (2020-2025).
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Covid-19 Impact and Recovery Analysis:
The global Crowdfunding market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.
Industry News and Updates:
- In May 2020 - BuildHer, a UK-based crowdfunding platform for women of black origin, officially launched its service. Founded in 2018, BuildHer claims it equips disadvantaged young women in Kenya with accredited construction skills, leading to greater financial prosperity, changing male attitudes, and promoting gender equality within the construction industry.
- In April 2020 - Aescuvest international GmbH, a leading crowdfunding platform powered by EIT Health in their Call4Ideas Campaign, aims to help start-ups and researchers work towards flattening the curve of COVID-19, accelerating their entry to the market.
Market Overview:
-Moreover, according to Fundly, the global amount raised by crowdfunding amounted in the thirties of USD billion in 2019. Further, it has been estimated that 6,445,080 number of crowdfunding campaigns were hosted globally in 2019. Also, the crowdfunding market is expected to triple by 2025.
- The social media platforms are acting as a free of cost promotion resources for crowdfunding organization to have a global reach to audiences. It has enabled the companies to make their pre-selling and marketing for products at more convenience. Hence, the active crowdfunding campaigns on social media are expected to further drive the crowdfunding market's growth in the coming future. According to startups.com, 12% of the Facebook share, 3% of Twitter shares, and 53% of email shares convert to donations.
- The company operating in the gaming industry are witnessing the most successful fundraising campaign to raise fund. Also, technology campaigns are able to attract crowdfunding. According to the Kickstarter crowdfunding platform, it raised over USD 1 million, where 37% of gaming campaigns have been successful in raising funds and technology campaigns made up of 30% of successful campaigns.
- Many companies, such as Kickstarter PBC, Indiegogo Inc., GoFundMe Inc., Crowdfunder Inc., and Alibaba Group, are offering their platform for crowdfunding to raise funds for various initiatives. In October 2019, the crowdsourcing platform Kickstarter registered over USD 4.5 billion, which has been pledged to different projects.
- With the recent outbreak of COVID-19, the crowdfunding market is witnessing significant growth, especially donation crowdfunding to support and help communities, people, and many organizations fight this pandemic. For instance, in April 2020, Facebook launched "Facebook Fundraiser," a platform where people can raise funds for the charity to help others during a pandemic.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Reasons to Get this Report:
-Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
-Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
-Market value USD Million and volume Units Million data for each segment and sub-segment
-Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
-Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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