(Wireless-NewsWire.Com, July 04, 2023 ) The total global market for the “Crowdfunding Market” was valued at USD 1.64 Bn in 2022 and is expected to grow at a CAGR of 15.2 percent over the forecast period to reach USD 4.42 Bn by 2029. The report analyzed by Maximize Market Research, on the Crowdfunding market, covers an extensive regional analysis and competitive landscape.
Crowdfunding Market Report Scope and Research Methodology
The Crowdfunding Market report provides a qualitative and quantitative analysis of market size, price, demand, mergers and acquisitions, supply chain, investment and expansion plans by key competitors, and predictions. SWOT is used to identify the threats and weaknesses of the market while PESTLE is used to employ the competitive intensity of the Crowdfunding Market.
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Crowdfunding Market Dynamics
The advances in technology, increasing entrepreneurship and startups and democratization of investment are the growth contributors to the regional market growth. Funding through digital wallets and online UPI and increasing use of social media are the upcoming trends for the Crowdfunding Market growth. The lack of awareness about crowdfunding among the general public is the restraining factor for market growth.
Crowdfunding Market Regional Insights
North America held the largest Crowdfunding Market share of 28.3 percent in 2022. The increasing entrepreneurship, technological advancements and shift in investor behavior are the regional drivers for the market.
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Crowdfunding Market Segmentation
By Investment Size
Small and Medium Investment
Food and Beverage
Media and Entertainment
Crowdfunding Market Key Competitors include:
ConnectionPoint Systems Inc. (CPSI) (FundRazr)
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