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According to the latest report by IMARC Group, the global crowdfunding market has shown strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 17% during 2021-2026.

We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Crowdfunding is raising money for a project, business, or charitable cause with small contributions from a large group of people. It uses a variety of funding avenues including equity investments, P2P lending, rewards-based crowdfunding models, donations, and hybrids. Crowdfunding is mostly done online through websites and social media platforms making the market directly accessible to lenders without any involvement of banks or venture capitalists. It is a more scalable, flexible and efficient fundraising solution than conventional methods.

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Market trends

The sudden onset of the COVID-19 pandemic has prompted several nonprofits to provide financial support through crowdfunding campaigns. These campaigns provide access to larger networks of people in a shorter time frame. Additionally, the growing influence of social media enables individuals to provide feedback and information vital to product demand and development. In addition, the launch of crowdfunding features, such as YouTube referrals, allows platform creators to monetize their content and improve audience engagement, thus driving market growth. In addition, the emergence of peer-to-peer (P2P) lending is expected to boost the crowdfunding market in the years to come.

Ask the analyst and go through the full report with the table of contents and list of figures: https://bit.ly/35rEbmj

The report has segmented the market on the basis of type, end use, and geography.

Breakdown by type:

  • P2P loan
  • A fair investment
  • Hybrid
  • Based on rewards
  • Others

Breakdown by end use:

  • Entrepreneurship
  • Social cause
  • Cinema and theater
  • Real estate
  • Music
  • Technology
  • Editing
  • Others

Distribution by geography:

  • North America (United States and Canada)
  • Europe (Germany, UK, France, Italy, Spain, Russia and others)
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
  • Latin America (Brazil, Mexico)
  • Middle East and Africa

Competitive landscape:

The report also analyzed the competitive landscape of the market with some of the major players being CircleUp Network Inc., Crowdfunder Inc., Fundable LLC, Fundrise LLC, GoFundMe Inc., Indiegogo Inc. and Patreon Inc.

Highlights of the report:

  • Market performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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