Crowdfunding Market: Platform Continue to Gain Traction During Forecast Year
Aug 15, 2017
Research analysts forecast the Global Crowdfunding Market to decline at a CAGR of 16.96% during the period 2017-2021.
Dallas, United States - August 15, 2017 /MarketersMedia/ —
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. 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.
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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:
Americas
APAC
EMEA
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.
Key vendors
GoFundMe,
Indiegogo,
Kickstarter,
Patreon,
Teespring
Other prominent vendors
CircleUp
Gust
RocketHub
iFunding
Causes
Crowdfunder
CrowdRise
org
FirstGiving
Fundable
FundRazr
GiveForward
Kiva
YouCaring
Market driver
Crowdfunding as a source of free promotion
For a full, detailed list, view our report
Market challenge
Time consuming
For a full, detailed list, view our report
Market trend
Crowdfunding campaigns used as an avenue for crowdsourcing
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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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Source URL: http://marketersmedia.com/crowdfunding-market-platform-continue-to-gain-traction-during-forecast-year/229278
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Source: MarketersMedia
Release ID: 229278
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