PUBLISHER: IMARC | PRODUCT CODE: 1801021
PUBLISHER: IMARC | PRODUCT CODE: 1801021
The global crowdfunding market size reached USD 18.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 46.4 Billion by 2033, exhibiting a growth rate (CAGR) of 10.81% during 2025-2033. The market is experiencing steady growth driven by rapid digitalization across industries enabling more efficient operations and opening new avenues, the rising shift towards sustainability and ethical practices across the globe, and strategic international expansion.
Technological advancements and digitalization
The escalating integration of artificial intelligence (AI), machine learning, blockchain, and the Internet of Things (IoT) to transform business operations, enhance consumer satisfaction, and enable data-driven decision-making is positively impacting the market and the crowdfunding market revenue. Launching a new crowdfunding campaign on StartEngine, Jurny, the top AI-powered property management system for automating hotel and short-term rental operations, announced its debut. With this move, the rapidly growing Jurny firm now has an early-stage access point, and consumers and private investors may join the ranks of elite venture capitalists in the emerging AI industry. Along with this, businesses are also incorporating these technologies to provide new income streams and business models. Therefore, this is significantly supporting the market. Moreover, the wave of digital transformation generates a more inclusive and widely accessible global marketplace, supports entrepreneurship, and drives economic development.
Globalization and cross-border trade
Globalization, intensified by the simplicity of cross-border trade, is a key driver of the global economy. Additionally, the development of trade agreements, lowering of tariffs, and enhancement of logistics and supply chain networks make it easier for businesses to penetrate new markets, streamline material sourcing, and expand their customer base. Such interconnectedness enhances economic growth diversifies crowdfunding market opportunities market opportunities and encourages competition, leading to innovation. By adjusting to international regulations and cultural distinctions, businesses craft more resilient and adaptable strategies, contributing to a more dynamic and robust global economic landscape.
Consumer preferences and sustainability
The crowdfunding market statistics are changing as a result of consumers' growing emphasis on sustainability and moral company conduct. In confluence with this, organizations must include sustainable practices in their business plans as essential components and as a means of fulfilling ethical commitments to meet the demands of their customers and comply with legal requirements. For instance, the Ministry of Corporate Affairs, Government of India, and the Indian Institute of Corporate Affairs (IICA), an independent institution, have partnered to launch the "HP Future Impact Leaders - IICA Certified Environmental - Social - Governance (ESG) Professional Program." The purpose of this project is to advance sustainability and enable professionals in corporate social responsibility (CSR) to become experts in negotiating the complexities of environmental, social, and governance (ESG) frameworks. 75 students will receive 100% scholarships under this initiative from HP India and IICA, allowing them to continue further ESG education without financial constraints. Furthermore, sustainability influences the part that businesses may play in solving global concerns while meeting customer expectations since it reflects a broader cultural drive towards environmental conservation and social responsibility.
Europe leads the market, accounting for the largest crowdfunding market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe represents the largest regional market for crowdfunding.
Europe holds the largest share of the market due to its exceptional infrastructure, high consumer purchasing power, and comprehensive regulatory framework. Moreover, Europe is attracting companies and investors across the globe due to its efforts to create a digital single market and harmonize regulations among its member states. Additionally, the region maintains a competitive advantage due to its highly qualified workforce and significant investment in research and development, which foster an innovative hotspot.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the crowdfunding industry include:
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
The key players are navigating through innovation, growth, and an ambition to secure a larger slice of the market share in the face of escalating competition. Moreover, the increasing emphasis on enhancing customer experiences and spearheading digital transformation by employing data analytics and artificial intelligence is also significantly supporting the crowdfunding market recent developments. Through these comprehensive strategies, major players are responding to evolving trends and actively molding new benchmarks within the industry. In addition, the accelerating number of mergers and acquisitions as avenues to broaden the spectrum of offerings is also favoring the market. Companies are forming alliances with startups to tap into novel technologies and emerging business models.