Global Crowdfunding Market to grow by USD 264.09 billion from 2022 to 2027|Social media as a source of free-of-cost promotion boosts the market - Technavio

NEW YORK, July 5, 2023 /PRNewswire/ -- The global crowdfunding market size is estimated to grow by USD 264.09 billion from 2022 to 2027, according to Technavio. The market is estimated to decelerate at a CAGR of 15.86% during the forecast period. APAC is estimated to account for 62% of the global market growth. The rising adoption of crowdfunding in the region encourages new opportunities for individuals and businesses to introduce new and creative ideas. The regional entrepreneurs can use the opportunity to test their products before they reach the market, and based on the response, they could decide whether or not these products will go into production. But if the entrepreneurs are unable to raise funds, it allows the company more chances to pivot or iterate. Hence, such factors boost the regional market growth during the forecast period. For more insights on the historic period (2017 to 2021), and forecast market size (2023 to 2027) - Request a sample report

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Crowdfunding Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on deployment (cloud and on-premise), type (P2P lending, equity investment, hybrid, reward, and others), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). 

• The market share growth by the cloud segment will be significant for overall market growth during the forecast period. This segment is expected to gain significant adoption among large-scale organizations, especially due to innovations in data security. Furthermore, the emergence of SMEs, innovations in data security, cost-effectiveness, flexibility, and centralization of cloud-based crowdfunding will drive the market segment during the forecast period. Additionally, cloud-based crowdfunding enables these organizations to manage, automate, and optimize their recurring and repetitive business processes. Hence, such factors boost the segment growth during the forecast period.

Insights on the market contribution of various segments, including country and region-wise historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report

Crowdfunding Market - Market Dynamics
Key factor driving market growth
The use of social media as a source of free-of-cost promotion drives market growth. These days, social media offers an opportunity to pre-sell a product and also acts as a free-of-cost marketing tool. For instance, in the US, three individuals were able to start their own respective companies by raising the majority of the funding within the first few weeks through crowdfunding platforms. Such platforms include social media marketing, content creation and marketing, audience and donor outreach, and other activities. Hence, such factors boost the growth of the crowdfunding market during the forecast period.

Leading trends influencing the market 

Leveraging crowdfunding campaigns as avenues for crowdsourcing is an emerging market trend. Traditional funding, marketing, and product launch processes were less interactive. Also, there was little or no communication with customers before the product reached them. But on the contrary, crowdfunding campaigns allow entrepreneurs to communicate with customers or even gauge the success of a product before its launch. Hence, such trends boost the market growth during the forecast period.

Major challenges hindering the market growth

Crowdfunding through social media platforms is a time-consuming process and that impedes market growth during the forecast period. It is a long process, which involves multiple stages, including product development, finding investors for initial investments, pitching the idea to fund marketing expenses, product registration, and the expenses related to making the product compliant with standards, if any. Deadlines are fixed by companies, based on which entrepreneurs manage to establish a customer base for the product, in most of the projects. Hence, such factors hinder market growth during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Global Crowdfunding Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the crowdfunding market between 2023 and 2027
• Precise estimation of the size of the crowdfunding market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the crowdfunding market across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of crowdfunding market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global crowdfunding market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global crowdfunding market 2017 - 2021 ($ billion)

• 4.2 Geography Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.3 Deployment Type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Deployment Type Segment 2017 - 2021 ($ billion)

• 4.4 Type Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 Cloud - Market size and forecast 2022-2027
• Exhibit 34: Chart on Cloud - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Cloud - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Cloud - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Cloud - Year-over-year growth 2022-2027 (%)

• 6.4 On-premise - Market size and forecast 2022-2027
• Exhibit 38: Chart on On-premise - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on On-premise - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 P2P lending - Market size and forecast 2022-2027
• Exhibit 47: Chart on P2P lending - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on P2P lending - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on P2P lending - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on P2P lending - Year-over-year growth 2022-2027 (%)

• 7.4 Equity investment - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Equity investment - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Equity investment - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Equity investment - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Equity investment - Year-over-year growth 2022-2027 (%)

• 7.5 Hybrid - Market size and forecast 2022-2027
• Exhibit 55: Chart on Hybrid - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Hybrid - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)

• 7.6 Reward - Market size and forecast 2022-2027
• Exhibit 59: Chart on Reward - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Reward - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Reward - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Reward - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027
• Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Type 
• Exhibit 67: Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Australia - Market size and forecast 2022-2027
• Exhibit 101: Chart on Australia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Australia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Australia - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Australia - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Chuffed.org Pty Ltd. 
• Exhibit 120: Chuffed.org Pty Ltd. - Overview
• Exhibit 121: Chuffed.org Pty Ltd. - Product / Service
• Exhibit 122: Chuffed.org Pty Ltd. - Key offerings

• 12.4 CircleUp Network Inc. 
• Exhibit 123: CircleUp Network Inc. - Overview
• Exhibit 124: CircleUp Network Inc. - Product / Service
• Exhibit 125: CircleUp Network Inc. - Key offerings

• 12.5 ConnectionPoint Systems Inc. 
• Exhibit 126: ConnectionPoint Systems Inc. - Overview
• Exhibit 127: ConnectionPoint Systems Inc. - Product / Service
• Exhibit 128: ConnectionPoint Systems Inc. - Key offerings

• 12.6 Crowdcube Ltd. 
• Exhibit 129: Crowdcube Ltd. - Overview
• Exhibit 130: Crowdcube Ltd. - Product / Service
• Exhibit 131: Crowdcube Ltd. - Key offerings

• 12.7 Crowdfunder Inc. 
• Exhibit 132: Crowdfunder Inc. - Overview
• Exhibit 133: Crowdfunder Inc. - Product / Service
• Exhibit 134: Crowdfunder Inc. - Key offerings

• 12.8 DonorsChoose 
• Exhibit 135: DonorsChoose - Overview
• Exhibit 136: DonorsChoose - Product / Service
• Exhibit 137: DonorsChoose - Key offerings

• 12.9 Fundable LLC 
• Exhibit 138: Fundable LLC - Overview
• Exhibit 139: Fundable LLC - Product / Service
• Exhibit 140: Fundable LLC - Key offerings

• 12.10 GGF Global Ltd. 
• Exhibit 141: GGF Global Ltd. - Overview
• Exhibit 142: GGF Global Ltd. - Product / Service
• Exhibit 143: GGF Global Ltd. - Key offerings

• 12.11 GoFundMe Inc. 
• Exhibit 144: GoFundMe Inc. - Overview
• Exhibit 145: GoFundMe Inc. - Product / Service
• Exhibit 146: GoFundMe Inc. - Key offerings

• 12.12 Indiegogo Inc. 
• Exhibit 147: Indiegogo Inc. - Overview
• Exhibit 148: Indiegogo Inc. - Product / Service
• Exhibit 149: Indiegogo Inc. - Key news
• Exhibit 150: Indiegogo Inc. - Key offerings

• 12.13 Ioby Inc. 
• Exhibit 151: Ioby Inc. - Overview
• Exhibit 152: Ioby Inc. - Product / Service
• Exhibit 153: Ioby Inc. - Key offerings

• 12.14 Ketto Online Ventures Pvt. Ltd. 
• Exhibit 154: Ketto Online Ventures Pvt. Ltd. - Overview
• Exhibit 155: Ketto Online Ventures Pvt. Ltd. - Product / Service
• Exhibit 156: Ketto Online Ventures Pvt. Ltd. - Key offerings

• 12.15 Kickstarter PBC 
• Exhibit 157: Kickstarter PBC - Overview
• Exhibit 158: Kickstarter PBC - Product / Service
• Exhibit 159: Kickstarter PBC - Key offerings

• 12.16 Kiva Microfunds 
• Exhibit 160: Kiva Microfunds - Overview
• Exhibit 161: Kiva Microfunds - Product / Service
• Exhibit 162: Kiva Microfunds - Key offerings

• 12.17 Patreon Inc. 
• Exhibit 163: Patreon Inc. - Overview
• Exhibit 164: Patreon Inc. - Product / Service
• Exhibit 165: Patreon Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 168: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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