The crowdfunding market size is expected to reach USD 72.88 billion by 2032, according to a new study by Polaris Market Research. The report "Global Crowdfunding Market Share, Size, Trends, Industry Analysis Report: Information By Crowdfunding Type (Equity- Based, Debt Based, Others), By Application And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Market Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The crowdfunding market is propelled by the advancement of technology, which includes artificial intelligence, machine learning, blockchain, and fintech. Social media act as a medium of marketing, attracting more investors and broadening the scope of crowdfunding platforms. The increasing number of social media users on platforms such as Twitter, Facebook, Instagram, and LinkedIn to connect with the rest of the world is a key factor contributing to market growth.
The crowdfunding market is experiencing significant growth due to the rising number of startups that are offering an extensive network of investors to collect and raise funds for new businesses or startups in a shorter duration. Moreover, traditional banking takes a longer duration to fund business activities due to prolonged paperwork, pending applications, and others. However, crowdfunding has easy procedures and a wide network of investors, which help startups and entrepreneurs pitch their startups to a large number of audiences at a single point and gain investments to finance their business activities on a short basis.
The prominence of reward-based crowdfunding in the market is on the rise, primarily due to the supplementary incentives in the form of services or rewards offered by startups or companies to investors. Typically, supplementary incentives involve the provision of goods or services to investors, thereby aiding in the establishment of trust and confidence in startups. Reward-based crowdfunding provides tangible products or intangible services to investors, which promotes and helps to gain feedback about the offerings.
Crowdfunding Market Report Highlights
Debt-based crowdfunding dominated the market due to the convenience being provided by the platforms to raise funds from investors directly.
The food & beverage segment is anticipated to dominate the market during the forecast year due to the increasing number of cafes and restaurants worldwide.
The North America region accounted for the largest market share in the year 2023 due to the growing rate of technological innovation and the emergence of IT companies.
The global key market players are Kickstarter, SeedInvest, RM Technologies, Fundly, Indiegogo, Crowdcube, Gofundme, Crowdfunder, StartEngine, Jingdong, Owners Circle, Alibaba, Patreon, Wefunder, CicleUp, Nav Technologies, Thunder Fund, and Pozible.
Polaris Market Research has segmented the crowdfunding market report based on crowdfunding type, application type, and region:
Crowdfunding Type Outlook (Revenue - USD Billion, 2019 - 2032)
Equity-based
Debt-based
Others
Crowdfunding Application Outlook (Revenue - USD Billion, 2019 - 2032)
Food & Beverage
Healthcare
Technology
Real Estate
Media
Others
Crowdfunding Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Crowdfunding Market Insights
4.1. Crowdfunding Market - Application Snapshot
4.2. Crowdfunding Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Use Of Social Media Is Driving The Market Growth
4.2.1.2. Reward-Based Crowdfunding Is Expected to Boost Market Growth
4.2.2. Restraints and Challenges
4.2.2.1. Lack of awareness of crowdfunding among the general public
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Crowdfunding Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Crowdfunding Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Crowdfunding Market, by Type, 2019-2032 (USD Billion)
5.3. Equity -based crowdfunding
5.3.1. Global Crowdfunding Market, by Equity -based crowdfunding, by Region, 2019-2032 (USD Billion)
5.4. Debt-based crowdfunding
5.4.1. Global Crowdfunding Market, by Debt-based crowdfunding, by Region, 2019-2032 (USD Billion)
7. Global Crowdfunding Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. Global Crowdfunding Market, by Application, 2019-2032 (USD Billion)
7.3. Food & Beverage
7.3.1. Global Crowdfunding Market, by Food & Beverages, By Region, 2019-2032 (USD Billion)
7.4. Healthcare
7.4.1. Global Crowdfunding Market, by Healthcare, By Region, 2019-2032 (USD Billion)
7.5. Technology
7.5.1. Global Crowdfunding Market, by Technology, By Region, 2019-2032 (USD Billion)
7.6. Real Estate
7.6.1. Global Crowdfunding Market, by Real Estate, By Region, 2019-2032 (USD Billion)
7.7. Media
7.7.1. Global Crowdfunding Market, by Media, By Region, 2019-2032 (USD Billion)
7.8. Others
7.8.1. Global Crowdfunding Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Crowdfunding Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Crowdfunding Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Crowdfunding Market - North America
8.3.1. North America: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.3.2. North America: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.3.4. Crowdfunding Market - U.S.
8.3.4.1. U.S.: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.3.5. Crowdfunding Market - Canada
8.3.5.1. Canada: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4. Crowdfunding Market - Europe
8.4.1. Europe: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.2. Europe.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.4. Crowdfunding Market - UK
8.4.4.1. UK: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.4.2. UK.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.5. Crowdfunding Market - France
8.4.5.1. France: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.5.2. France.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.6. Crowdfunding Market - Germany
8.4.6.1. Germany: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.7. Crowdfunding Market - Italy
8.4.7.1. Italy: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.8. Crowdfunding Market - Spain
8.4.8.1. Spain: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.9. Crowdfunding Market - Netherlands
8.4.9.1. Netherlands: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.10. Crowdfunding Market - Russia
8.4.10.1. Russia: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.4.11. Crowdfunding Market - Rest of Europe
8.4.11.1. Rest of Europe: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.4.11.2. Rest of Europe.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5. Crowdfunding Market - Asia Pacific
8.5.1. Asia Pacific: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.4. Crowdfunding Market - China
8.5.4.1. China: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.4.2. China.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.5. Crowdfunding Market - India
8.5.5.1. India: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.5.2. India.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.6. Crowdfunding Market - Malaysia
8.5.6.1. Malaysia: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.7. Crowdfunding Market - Japan
8.5.7.1. Japan: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.8. Crowdfunding Market - Indonesia
8.5.8.1. Indonesia: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.9. Crowdfunding Market - South Korea
8.5.9.1. South Korea: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.9.2. South Korea: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.10. Crowdfunding Market - Australia
8.5.10.1. Australia: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.10.2. Australia: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.5.11. Crowdfunding Market - Rest of Asia Pacific
8.5.11.1. Rest of Asia Pacific: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.5.11.2. Rest of Asia Pacific: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.6. Crowdfunding Market - Middle East & Africa
8.6.1. Middle East & Africa: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.6.4. Crowdfunding Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.6.5. Crowdfunding Market - UAE
8.6.5.1. UAE: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.6.6. Crowdfunding Market - Israel
8.6.6.1. Israel: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.6.7. Crowdfunding Market - South Africa
8.6.7.1. South Africa: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.6.8. Crowdfunding Market - Rest of Middle East & Africa
8.6.8.1. Rest of Middle East & Africa: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.6.8.2. Rest of Middle East & Africa: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.7. Crowdfunding Market - Latin America
8.7.1. Latin America: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.7.2. Latin America.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.7.4. Crowdfunding Market - Mexico
8.7.4.1. Mexico: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.7.5. Crowdfunding Market - Brazil
8.7.5.1. Brazil: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.7.6. Crowdfunding Market - Argentina
8.7.6.1. Argentina: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)
8.7.7. Crowdfunding Market - Rest of Latin America
8.7.7.1. Rest of Latin America: Crowdfunding Market, by Type, 2019-2032 (USD Billion)
8.7.7.2. Rest of Latin America.: Crowdfunding Market, by Application, 2019-2032 (USD Billion)