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 at a CAGR of 11.7% 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 capital for a project, business or charitable cause with relatively modest contributions from a large group of individuals. It relies on various approaches to offer financial support, including equity investment, P2P lending, reward-based, donation-based and hybrid crowdfunding models. It is generally conducted online through websites and social networking platforms. Crowdfunding provides direct access to the market and eliminates the need for banks or venture capitalists. It is considered a scalable, flexible and efficient fund-raising solution as compared to conventional methods.

With the sudden outbreak of the coronavirus disease (COVID-19), several non-profit organizations are providing financial support through crowdfunding campaigns. These campaigns offer easy accessibility to vast networks of people and help an entity in raising funds in a shorter timeframe. Apart from this, the rising influence of social media is strengthening the crowdfunding market growth. Crowdfunding through these platforms offers a way for the mass to provide feedback and valuable information on the development and demand of the new product. Consequently, it is gaining traction across various enterprises to promote an idea, gauge audience interest and pre-sell a product. Furthermore, as YouTube recently launched its crowdfunding feature, known as Sponsorships, it is currently being utilized by creators on the platform for monetizing their content and increasing engagement with their audience. Moreover, the increasing trend of peer-to-peer (P2P) lending is expected to provide a positive outlook for the market in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global crowdfunding market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end use.

Breakup by Type:

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:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being CircleUp Network Inc., Crowdfunder Inc., Fundable LLC, Fundrise LLC, GoFundMe Inc., Indiegogo Inc. and Patreon Inc. Key Questions Answered in This Report:

How has the global crowdfunding market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global crowdfunding market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global crowdfunding market and who are the key players?
What is the degree of competition in the industry?