Pune, India, Sept. 13, 2021 (GLOBE NEWSWIRE) -- As per seasoned analysts, global crowdfunding market size was worth USD 12270 million in 2020 and is anticipated to exhibit a CAGR of 11.2% during 2021-2027, thereby accumulating USD 25800 by the end of the projected timeline.
The study segments the marketplace on the basis of type gamut and application spectrum in order to comprehend micro & macro industry development, and offers valuable insights pertaining to growth rate, sales accrued, and revenue share of each segment. It further incorporates an in-depth analysis of the regional landscape and competitive hierarchy, while enlisting major market players as well as new entrants in the business sphere.
Improved accessibility to social media platform with easy availability of internet services, leading to numerous social media campaigns for crowdfunding is propelling the industry growth. For the unversed, crowdfunding refers to a type of alternative lending to fund a venture or project by raising money from a large number of people via the internet.
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With Covid-19 pandemic, the market witnessed a boost with huge popularity of crowdfunding donation programs aimed at helping communities, organizations, and people to battle against the global crisis.
Expounding the market segmentation
Based on type, the industry is fragmented into reward-based crowdfunding, equity crowdfunding, donation, and others. The reward-based crowdfunding segment captured around 74% industry share in 2019.
Speaking of application spectrum, worldwide crowdfunding marketplace is categorized into cultural industries, product, technology, healthcare, and others.
Elaborating the regional landscape
Regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are speculated to influence the overall industry dynamics. As per estimated, China accounted for 37% share in global crowdfunding market in 2019, thereby leading the growth graph. On the other hand, Europe and the United States held 17% and 37% industry share, respectively, in the same year.
Competitive hierarchy
Major industry players include Kickstarter, Indiegogo, Inc., GoFundMe, Fundable LLC, Crowdcube Limited, GoGetFunding, Patreon, Inc., Crowdfunder, Inc., CircleUp, AngelList, DonorsChoose, Crowdfunder UK, ConnectionPoint Systems, Inc., Companisto GmbH, Campfire, Inc., Milaap Social Ventures India Pvt. Ltd., Crowdo Holdings Pte Ltd., CrowdPlus Asia, MoDian, Idianchou, Alibaba Group Holding Limited, JD.com, Inc., and Suning.com Co., Ltd.
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Global Crowdfunding Market, by Type (Revenue, USD Million, 2016-2021)
- Reward-based Crowdfunding
- Equity Crowdfunding
- Donation
- Others
Global Crowdfunding Market, by Application (Revenue, USD Million, 2016-2021)
- Cultural Industries
- Technology
- Product
- Healthcare
- Others
Global Crowdfunding Market, Regional analysis (Revenue, USD Million, 2016-2021)
North America
- United States
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of APAC
Latin America
- Mexico
- Brazil
- Rest of LATAM
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Global Crowdfunding Market, Competitive Analysis (Revenue USD Million,2016-2021)
- Kickstarter
- Indiegogo, Inc.
- GoFundMe
- Fundable LLC
- Crowdcube Limited
- GoGetFunding
- Patreon, Inc.
- Crowdfunder, Inc.
- CircleUp
- AngelList
- DonorsChoose
- Crowdfunder UK
- ConnectionPoint Systems, Inc.
- Companisto GmbH
- Campfire, Inc.
- Milaap Social Ventures India Pvt. Ltd.
- Crowdo Holdings Pte Ltd.
- CrowdPlus Asia
- MoDian
- Idianchou
- Alibaba Group Holding Limited
- JD.com, Inc.
- Suning.com Co., Ltd.
Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Crowdfunding Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Reward-based Crowdfunding
1.2.3 Equity Crowdfunding
1.2.4 Donation and Other
1.3 Market by Application
1.3.1 Global Crowdfunding Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Cultural Industries
1.3.3 Technology
1.3.4 Product
1.3.5 Healthcare
1.3.6 Other
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Crowdfunding Market Perspective (2016-2027)
2.2 Crowdfunding Growth Trends by Regions
2.2.1 Crowdfunding Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Crowdfunding Historic Market Share by Regions (2016-2021)
2.2.3 Crowdfunding Forecasted Market Size by Regions (2022-2027)
2.3 Crowdfunding Industry Dynamic
2.3.1 Crowdfunding Market Trends
2.3.2 Crowdfunding Market Drivers
2.3.3 Crowdfunding Market Challenges
2.3.4 Crowdfunding Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Crowdfunding Players by Revenue
3.1.1 Global Top Crowdfunding Players by Revenue (2016-2021)
3.1.2 Global Crowdfunding Revenue Market Share by Players (2016-2021)
3.2 Global Crowdfunding Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Crowdfunding Revenue
3.4 Global Crowdfunding Market Concentration Ratio
4 Crowdfunding Breakdown Data by Type
4.1 Global Crowdfunding Historic Market Size by Type (2016-2021)
4.2 Global Crowdfunding Forecasted Market Size by Type (2022-2027)
5 Crowdfunding Breakdown Data by Application
5.1 Global Crowdfunding Historic Market Size by Application (2016-2021)
5.2 Global Crowdfunding Forecasted Market Size by Application (2022-2027)
6 North America
6.1 North America Crowdfunding Market Size (2016-2027)
6.2 North America Crowdfunding Market Size by Type
6.2.1 North America Crowdfunding Market Size by Type (2016-2021)
6.2.2 North America Crowdfunding Market Size by Type (2022-2027)
6.2.3 North America Crowdfunding Market Size by Type (2016-2027)
6.3 North America Crowdfunding Market Size by Application
7 Europe
7.1 Europe Crowdfunding Market Size (2016-2027)
7.2 Europe Crowdfunding Market Size by Type
7.2.1 Europe Crowdfunding Market Size by Type (2016-2021)
7.2.2 Europe Crowdfunding Market Size by Type (2022-2027)
7.2.3 Europe Crowdfunding Market Size by Type (2016-2027)
7.3 Europe Crowdfunding Market Size by Application
8 Asia-Pacific
8.1 Asia-Pacific Crowdfunding Market Size (2016-2027)
8.2 Asia-Pacific Crowdfunding Market Size by Type
8.2.1 Asia-Pacific Crowdfunding Market Size by Type (2016-2021)
8.2.2 Asia-Pacific Crowdfunding Market Size by Type (2022-2027)
8.2.3 Asia-Pacific Crowdfunding Market Size by Type (2016-2027)
8.3 Asia-Pacific Crowdfunding Market Size by Application
9 Latin America
9.1 Latin America Crowdfunding Market Size (2016-2027)
9.2 Latin America Crowdfunding Market Size by Type
9.2.1 Latin America Crowdfunding Market Size by Type (2016-2021)
9.2.2 Latin America Crowdfunding Market Size by Type (2022-2027)
9.2.3 Latin America Crowdfunding Market Size by Type (2016-2027)
9.3 Latin America Crowdfunding Market Size by Application
10 Middle East & Africa
10.1 Middle East & Africa Crowdfunding Market Size (2016-2027)
10.2 Middle East & Africa Crowdfunding Market Size by Type
10.2.1 Middle East & Africa Crowdfunding Market Size by Type (2016-2021)
10.2.2 Middle East & Africa Crowdfunding Market Size by Type (2022-2027)
10.2.3 Middle East & Africa Crowdfunding Market Size by Type (2016-2027)
10.4.5 UAE
11 Key Players Profiles
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