What is Crowd Funding?
The practise of acquiring modest quantities of cash from a giant wide variety of humans to fund a new enterprise project is recognised as crowdfunding. Crowdfunding connects buyers and entrepreneurs thru social media and crowdfunding platforms, with the practicable to stimulate entrepreneurship by way of increasing the pool of buyers past the typical circle of owners, family, and challenge capitalists. Crowdfunding is gaining traction as a device for entrepreneurs to accumulate financing besides handing over manage to task investors. It may additionally additionally grant buyers with the probability to collect a piece of the company.
The market study is broken down by Type (Reward-based Crowdfunding, Equity Crowdfunding, Donation and Other), by Application (Cultural Industries, Technology, Product, Healthcare and Other) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Crowd Funding market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kickstarter (United States), Indiegogo, Inc. (United States), GoFundMe (United States), Fundable LLC (United States), Crowdcube Limited (United Kingdom), GoGetFunding (United States), Patreon, Inc. (United States), Crowdfunder, Inc. (United States), CircleUp (United States) and AngelList (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are DonorsChoose (United States), Crowdfunder UK (United States) and ConnectionPoint Systems, Inc. (Canada).
AdvanceMarketAnalytics has segmented the market of Global Crowd Funding market by Type, Application and Region.
On the basis of geography, the market of Crowd Funding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2020, BuildHer, a UK-based crowdfunding platform for women of black origin, officially launched its service. Founded in 2018, BuildHer claims it equips disadvantaged young women in Kenya with accredited construction skills, leading to greater financial prosperity, changing male attitudes, and promoting gender equality within the construction industry.
- Interaction with the Customers before the Product Reached them
- Social Media as a Source of Free of Cost
- Growing E-Commerce Sector
- Stringent Regulatory Compliance
Key Target AudienceProvider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities and Government and Private Research Organizations
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.