The Latin America crowdfunding market size reached USD 1.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.4 Billion by 2033, exhibiting a growth rate (CAGR) of 11.12% during 2025-2033. The market is experiencing significant growth, driven by increased internet and smartphone access, a vibrant startup culture, and supportive regulations. Fintech innovations and growing entrepreneurial activity enhance accessibility and trust, positioning crowdfunding as a vital alternative financing method and fostering economic and social development across the region.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.2 Billion |
Market Forecast in 2033 | USD 3.4 Billion |
Market Growth Rate 2025-2033 | 11.12% |
Expanding User Base
The expanding user base in Latin America crowdfunding market outlook is significantly driven by increased internet penetration and widespread smartphone usage. As internet access becomes more ubiquitous, particularly in urban and even some rural areas, more individuals and businesses gain the ability to connect with crowdfunding platforms. According to industry reports, in 2023, mobile technologies contributed 8% of GDP in Latin America, totaling USD 520 Billion. Mobile internet users reached 418 million (65% of the population), up by 75 million. By April, 29 operators launched 5G in 10 countries, expected to rise from 5% to 55% of connections by 2030. In line with this, smartphones play a crucial role by enabling on-the-go access, making it easier for users to create, manage, and support campaigns anytime, anywhere. This digital accessibility lowers barriers to entry, allowing a diverse range of participants, including young entrepreneurs and small businesses, to engage in fundraising. Additionally, improved connectivity fosters greater awareness and trust in crowdfunding as a reliable financing alternative, encouraging more widespread adoption and participation across the region. Therefore, this is further positively influencing Latin America crowdfunding market share.
Rapid Growth in Startup Culture
The growing startup culture in Latin America is characterized by a significant increase in entrepreneurial activity, with more individuals launching innovative startups and diverse projects across various sectors. According to industry reports, Latin America became an emerging startup ecosystem, with over 9,000 funded startups raising USD 3.9 Billion in VC investment in 2023. The region has seen rapid digital adoption in fintech and e-commerce. This growth has led to over 60 unicorns being established in the past decade. This vibrant ecosystem is driven by a combination of youthful talent, access to technology, and supportive educational initiatives. Crowdfunding has become a pivotal tool for these entrepreneurs, enabling them to secure essential initial funding without relying solely on traditional financial institutions. Additionally, crowdfunding platforms provide a means to validate business ideas by gauging public interest and receiving valuable feedback from early supporters. This validation process helps startups refine their concepts and build a loyal customer base even before their official launch. Consequently, crowdfunding facilitates financial backing and fosters community engagement and market readiness, essential for the success and sustainability of new ventures in the region. Thus, this is also significantly supporting the Latin America crowdfunding market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type and end use.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes P2P lending, equity investment, hybrid, reward-based, and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes entrepreneurship, social cause, movies and theater, real estate, music, technology, publishing, and others.
Country Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | P2P Lending, Equity Investment, Hybrid, Reward-based, Others |
End Uses Covered | Entrepreneurship, Social Cause, Movies and Theater, Real Estate, Music, Technology, Publishing, Others |
Countries Covered | Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others |
Customization Scope | 10% Free Customization |
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) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: