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Dublin, Feb. 19, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/nlqcfm/global) has announced the addition of the "Global Crowdfunding Market 2016-2020" report to their offering.
The global crowdfunding market to grow at a CAGR of 26.87% during the period 2016-2020.
Global Crowdfunding Market 2016-2020, 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.
The report covers the present scenario and the growth prospects of the global crowdfunding market for 2016-2020. To calculate the market size, the report considers the revenue generated through crowdfunding campaigns.
Despite the rapid rise in the total number of websites, market-specific websites such as AppStori for app development, MedStartr for healthcare, and Barnraiser for food and agriculture are lagging far behind the major players such as Kickstarter and Indiegogo. Non-specific websites such as Indiegogo have the largest global reach, with better abilities to amplify a product or concept in comparison to smaller market-specific platforms. With the increasing number of M&As, smaller platforms will be better equipped to compete in the market.
According to the report, crowdfunding helps fund a venture outside an entrepreneur's social circle without giving up equity or accumulating debt. Many alternate crowdfunding platforms include reward-based and royalty-based crowdfunding that enables entrepreneurs to start businesses.
Further, the report states that low penetration in developing countries hinders the market growth.
The market is divided into the following segments based on business model:
- Peer-to-peer (P2P) lending
- Reward-based
- Equity investment
- Donation
- Hybrid-based
- Royalty-based
- Others
Key vendors
- Gofundme
- Indiegogo
- Kickstarter
- Patreon
- Teespring
Other prominent vendors
- CircleUp
- Gust
- RocketHub
- Innovational Funding
- YouCaring
- CrowdRise
- DonorsChoose
- Kiva
- GiveForward
- Causes
- Fundable
- Crowdfunder
- FirstGiving
- FundRazr
For more information visit http://www.researchandmarkets.com/research/nlqcfm/global
CONTACT: Research and Markets
Laura Wood, Senior Manager
[email protected]
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Sector: Project Finance
