Crowdfunding Market: Historic Industry Size & Analysis of 15 Vendors and 7 Countries – QNT Press Release

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NEW YORK, Nov. 24, 2022 /PRNewswire/ — The crowdfunding market size is forecasted to increase by USD 264.09 billion from 2022 to 2027, at a decelerating CAGR of 15.86%, According to a recent market study by Technavio. The growth of the market will be driven by the use of social media for cost-free promotion, easy access to capital, and an expanding customer base.

Technavio categorizes the global crowdfunding market as a part of the global specialized consumer services market, which covers revenue generated by consumer service providers, including home security services, residential services, legal services, renovation and interior design services, personal services, consumer auction services, wedding services, and funeral services.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the Sample Report

Technavio has extensively analyzed 15 major vendors, including Chuffed.org Pty Ltd., CircleUp Network Inc., ConnectionPoint Systems Inc., Crowdcube Ltd., Crowdera Inc., Crowdfunder Inc., DonorsChoose, FUELADREAM Online Ventures Pvt. Ltd., Fundable LLC, GGF Global Ltd., GoFundMe Inc. , Indiegogo Inc., Ioby Inc., Ketto Online Ventures Pvt. Ltd., Kickstarter PBC, Kiva Microfunds, Milaap Social Ventures India Pvt. Ltd., Patreon Inc., Seedrs Ltd., and Wishberry Online Services Pvt. Ltd.

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyzes of the market’s competitive landscape and vendors’ product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. ; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in future – To get requisite details, ask for a custom report.

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

Download the sample to get a holistic overview of the crowdfunding market by industry experts to evaluate and develop growth strategies.

The market is segmented by deployment (cloud and on-premise) and type (P2P lending, equity investment, hybrid, reward, and others).

• Inclusion:
• cloud:

The cloud segment grew gradually by USD 72.66 billion between 2017 and 2021. The growth of cloud-based crowdfunding is mainly attributed to increasing globalization and the presence of BFSI companieswhich require a centralized system and software. Cloud-based crowdfunding enables these companies to Manage, automate, and optimize their recurring and repetitive business processes. Cloud-based software also offers organizations more control over their business processes and helps increase efficiency.

To get detailed insights about inclusions and exclusions, buy report.

Microfinance Market by Type and Geography – Forecast and Analysis 2022-2026 – size is estimated to increase by USD 122.46 billion from 2021 to 2026, with an accelerated CAGR of 11.61%, According to the recent market study by Technavio. Furthermore, this report extensively covers market segmentations by type (banks and non-banks) and geography (APAC, South America, North America, Europeand the Middle East and Africa).

Factoring Market by Type, Application, and Geography – Forecast and Analysis 2023-2027 – size is estimated to increase by USD 720.41 billion from 2022 to 2027, with an accelerated CAGR of 7.54%, According to the recent market study by Technavio. The growing need for alternative sources of financing for MSMEs is one of the key factors driving the market growth.

• 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 size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the crowdfunding market across APAC, North America, Europe, Middle East and Africaand South America
• 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

Full story available on Benzinga.com

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