Crowdfunding refers to the practice of generating capital investments or funds for a project, cause, or an enterprise through a large number of individuals. It includes small amounts of capital from a large number of individuals and is done via Internet using social media platform and crowdfunding websites.
Research analysts forecast the Global Crowdfunding Market to decline at a CAGR of (16.96%) during the period 2017-2021.
Key vendors
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The most common method to secure funding is by getting a loan from the bank. However, banks have a conventional way of looking at businesses and consider startup entrepreneurial ventures risky. They also have strict lending policies, which not all startups can comply with. This hinders the growth of new business developments and innovations. The advent of the Internet has changed the model of crowdfunding. Several crowdfunding platforms can be accessed by entrepreneurs through the Internet. Individuals can create online portfolios describing their ventures, which can be shared across multiple social media platforms.
Covered in this report
The report covers the present scenario and the growth prospects of the global crowdfunding market for 2017-2021. To calculate the market size, the report considers the revenue generated through the amount invested by the investors in the crowdfunding campaigns.
The market is divided into the following segments based on geography:
Research report, Global Crowdfunding Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors
Market driver
Market challenge
Market trend
Key questions answered in this report
Companies Mentioned:
GoFundMe, Indiegogo, Kickstarter, Patreon, and Teespring.
Other Prominent Vendors in the market are:
CircleUp, Gust, RocketHub, iFunding, Causes, Crowdfunder, CrowdRise, DonorsChoose.org, FirstGiving, Fundable, FundRazr, GiveForward, Kiva, and YouCaring.
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