The Global Crowdfunding Industry to 2027 – With CircleUp Network, Fundable and GoFundMe, among others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Crowdfunding Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global crowdfunding market reached a value of US$13.35 billion in 2021. Looking ahead, the publisher expects the market to reach US$25.93 billion by 2027, with a CAGR of 11.7% in 2022-2027.
CircleUp Network Inc.
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is 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 small contributions from a large group of individuals. It uses a variety of approaches to offer financial support, including equity investing, P2P lending, rewards-based, donation-based, and hybrid crowdfunding models. It is usually conducted online through websites and social media platforms. Crowdfunding provides direct market access and eliminates the need for banks or venture capitalists. It is considered a scalable, flexible and effective fundraising solution compared to conventional methods.
With the sudden onset of the coronavirus disease (COVID-19), several non-profit organizations are providing financial support through crowdfunding campaigns. These campaigns provide easy access to large networks of people and help an entity raise funds in a shorter time frame. Apart from this, the growing influence of social media is enhancing the growth of the crowdfunding market. Crowdfunding through these platforms provides a way for the masses to provide valuable feedback and information on the development and demand of the new product.
Therefore, it gains traction in various businesses to promote an idea, gauge audience interest, and pre-sell a product. Additionally, as YouTube recently launched its crowdfunding feature, known as referrals, it is currently being used by creators on the platform to monetize their content and increase engagement with their audience. Additionally, the growing trend of peer-to-peer (P2P) lending is expected to provide a positive outlook for the market in the coming years.
Answers to key questions in this report:
How has the global crowdfunding market behaved so far and how will it behave in the years to come?
What has been the impact of COVID-19 on the global crowdfunding market?
What are the main regional markets?
What is the market breakdown by type?
What is the market breakdown by end use?
What are the different stages of the industry value chain?
What are the key drivers and challenges in the industry?
What is the structure of the global crowdfunding market and who are the main players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Crowdfunding Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Type
7 Market Breakdown by End Use
8 Market Breakdown by Region
9 SWOT Analysis
10 Value chain analysis
11 Analysis of the five forces of carriers
12 Price Analysis
13 Competitive landscape
13.1 Market structure
13.2 Key Players
13.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/653t3h