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2023 Crowdfunding Market: In-Depth Analysis Of Industry Share, Size, Growth And Outlook Up To 2032
Crowdfunding Market
Crowdfunding Market Size, Growth Rate, And Forecast
The global crowdfunding market size is expected to grow from $13.40 billion in 2022 to $15.54 billion in 2023 at a compound annual growth rate (CAGR) of 16.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global crowdfunding market size is expected to reach $27.81 billion in 2027 at a CAGR of 15.7%.
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Crowdfunding Market Drivers
Increasing the use of social media platforms is expected to boost the growth of the crowdfunding market going forward. A social media platform offers a service to the general public for the purpose of disseminating communication, speech, news, or other content, usually in the form of messages, videos, pictures, or sound files. Social media acts as a tool to promote and publicize crowdfunding initiatives and also fetch funds for crowdfunding campaigns using an internet platform, as a result, the increasing use of social media increases the demand for crowdfunding
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Crowdfunding Market Segments
1) By Type: Equity-based Crowdfunding, Debt-based Crowdfunding, Others Types
2) By Platform Type: Open Service Platform, Managed Service Platform
3) By Application: Food and Beverage, Technology, Media, Real Estate, Healthcare, Others Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Crowdfunding Market.
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Crowdfunding Market Key Players
Major competitors in the Crowdfunding Market include Kickstarter, PBC, Indiegogo Inc., GoFundMe Inc., Fundable LLC, Crowdcube Limited, GoGetFunding, RM TECHNOLOGIES, INC., SeedInvest Technology, LLC, Crowdfunder Inc., Alibaba Group Holding Limited, Wefunder Inc., Fundly, Jingdong Inc., Suning.com Co. Ltd., Owners Circle, Realcrowd Inc., Patreon, Nav technologies Inc., Thunder Funding, and Pozible Pty Ltd.
The Business Research Company's "Global Crowdfunding Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Crowdfunding Market Include:
1. Executive Summary
2. Crowdfunding Market Characteristics
3. Crowdfunding Market Trends And Strategies
4. Crowdfunding Market - Macro Economic Scenario
5. Crowdfunding Market Size And Growth
.......
26. Africa Crowdfunding Market
27. Crowdfunding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Crowdfunding Market
29. Crowdfunding Market Future Outlook and Potential Analysis
30. Appendix
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