Market Overview:
The global crowdfunding market reached a value of US$ 13.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.93 Billion by 2027, exhibiting a CAGR of 11.65% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Crowdfunding is the process of raising funds for a specific cause or project by asking a large number of individuals to donate money in small amounts. It is performed online with social networks, which makes it easier for supporters to share a cause or project. It can raise funds for a charitable cause, creative project, business startup, school tuition, and personal expenses. As it is a scalable, flexible, and efficient fund-raising solution, the demand for crowdfunding is escalating worldwide.
The increasing prevalence of chronic disorders among the masses represents one of the key factors positively influencing the adoption of crowdfunding around the world. In addition, several initiatives undertaken by governing authorities to minimize healthcare expenses are favoring the market growth. These authorities, along with other non-governmental organizations (NGOs), are also investing and spreading awareness about crowdfunding for financial support through crowdfunding campaigns. Apart from this, extensive advertising campaigns and celebrity and social media influencer endorsements are encouraging individuals to support the global population for a better future, which is creating a positive outlook for the market. It can also be attributed to rapid urbanization, rising sales of smartphones and the easy availability of high-speed internet. Furthermore, various sports events are being organized to raise funds in a shorter time frame, which is propelling the market growth. Besides this, the emerging trend of launching business startups by individuals is gaining traction among the masses. This, in confluence with the launch of mobile applications and websites for raising funds easily, is offering lucrative growth opportunities to industry investors.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global crowdfunding market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type and end use.
Breakup by Type:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- P2P Lending
- Equity Investment
- Hybrid
- Reward-based
- Others
Breakup by End Use:
- Entrepreneurship
- Social Cause
- Movies and Theater
- Real Estate
- Music
- Technology
- Publishing
- Others
Breakup by Region:
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- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Europe presently holds the majority of the global crowdfunding market share.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are CircleUp Network Inc., Crowdfunder Limited, Fundable LLC, Fundrise, LLC, GoFundMe, Inc., Indiegogo, Inc., and Patreon Inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Billion |
Segment Coverage |
Type, End Use, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
CircleUp Network Inc., Crowdfunder Inc., Fundable LLC, Fundrise LLC, GoFundMe Inc., Indiegogo Inc. and Patreon Inc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |