This market research report includes a detailed segmentation of the global crowdfunding market by business model (P2P lending, equity investment, hybrid-based, royalty-based, donation, reward-based, and others) and by end-user businesses (entrepreneurship, social cause, movies & theater, real estate, music, technology, publishing, and other). It also outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Gofundme, Indiegogo, Kickstarter, Patreon, and Teespring.
Technavio’s market research analysts estimate the global crowdfunding market, to generate revenues of $109 billion between 2016 and 2020. Now-a-days, there is wide availability of new crowdfunding websites, where investors have the choice of how they want to be associated with a venture. The Americas is the largest market for crowdfunding, where the growing popularity of equity crowdfunding is gaining wide acceptance.
The new market research report from Technavio provides a breakdown and analysis of the crowdfunding segments by technology.
“Crowdfunding has modified the common perception that the initial capital to start an enterprise can only be arranged through bank loans, investments from venture capitalists, and accredited investors. It helps fund a venture outside an entrepreneur’s social circle without giving up equity or accumulating debt. Several alternate crowdfunding platforms include reward-based and royalty-based crowdfunding that enables entrepreneurs to start businesses,” says Soumya Mutsuddi, Lead Analyst, Media & Entertainment, Technavio Research.
Technavio’s market research analyst predicts the entrepreneurship segment to be the largest market segment during the forecast period. This segment currently accounts for more than 45% of the total market share and is envisaged to retain its dominating hold over the market by the end of 2020. In this market research, analysts estimate that despite the growing number of established businesses venturing into crowdfunding, the entrepreneurs segment will continue to be the leading segment for crowdfunded investments during the forecast period.
The leading vendors in the global crowdfunding market include Gofundme, Indiegogo, Kickstarter, Patreon, and Teespring. This market is growing at a rapid pace and is primarily dominated by large vendors like Gofundme and Indiegogo. Using the cloud and social media environment, entrepreneurs can access thousands of potential investors through crowdfunding websites. Recently, it has been observed that the stringent regulations governing crowdfunding in the US are now being reformed. The reformation of these regulations will offer significant potential for new vendors to enter the market space.
A more detailed analysis is available in the Technavio report, Global Crowdfunding Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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