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Art Crowdfunding Market Research Report 2023-2032: Market Size, Growth, Share, Analysis And Trends | Rockethub, Patreon Inc., Ulule, Indiegogo Inc., Pozible, GoFundMe LLC
Art Crowdfunding Market
The Business Research Company's Art Crowdfunding Global Market Report 2023 identifies expansion of online art marketplaces as the major driver for the Art Crowdfunding market's growth in the forecast period. An online art marketplace is a digital platform where artists may sell their works of art directly to purchasers. It connects artists with a global audience of art fans while offering a convenient and accessible setting for art transactions.
The global art crowdfunding market is expected to grow from $1.151 billion in 2022 to $1.70 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 art crowdfunding market is expected to reach $2.67 billion in 2027 at a CAGR of 12%.
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Major competitors in the Art Crowdfunding market are Rockethub,Patreon Inc., Ulule, Indiegogo Inc., Pozible, GoFundMe LLC., Kickstarter PBC.
A key trend in the Art Crowdfunding market includes Product innovation. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in January 2023, SideKick Finance, a UK-based online platform offering crowdfunding and marketing solutions, launched JumpStart, a decentralized NFT(Non-Fungible Token) crowdfunding platform that empowers investors and more creators to realize worthwhile ideas. An utterly decentralized self-service platform that anyone can use to quickly launch a campaign using the strength and usability of NFTs. JumpStart offers a robust, scalable, and highly interoperable platform for crowdfunding that covers a range of use cases, including those related to gaming, art, music, charities, and more.
Read More On The Global Art Crowdfunding Market Report Here:
https://www.thebusinessresearchcompany.com/report/art-crowdfunding-global-market-report
The Art Crowdfunding market is segmented -
1. By Type: 5% Fee, 4% Fee, 3% Fee, Other Types
2. By Art Type: Visual Art, Performing Art, Literary Art, Other Art Types
3. By Platform: Reward-Based Crowdfunding, Donation-Based Crowdfunding, Equity Crowdfunding
4. By Application: Films, Music, Stage Shows, Comics, Journalism, Publishing, Museums, Galleries, Other Applications
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Art Crowdfunding market.
The Business Research Company's "Global Art Crowdfunding Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Art Crowdfunding Market Include:
1. Executive Summary
2. Art Crowdfunding Market Characteristics
3. Art Crowdfunding Market Trends And Strategies
4. Art Crowdfunding Market - Macro Economic Scenario
5. Global Art Crowdfunding Market Size and Growth
……
32. Global Art Crowdfunding Market Competitive Benchmarking
33. Global Art Crowdfunding Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Art Crowdfunding Market
35. Art Crowdfunding Market Future Outlook and Potential Analysis
36. Appendix
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