Global Crowdfunding Market 2018-2022 | Crowdfunding Campaigns as Avenues for Crowdsourcing to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Nov 12, 2019--

The global crowdfunding market is expected to post a decelerating CAGR of over 17% during the period 2018-2022, according to the latest market research report by Technavio. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191112005547/en/

Technavio has announced its latest market research report titled global crowdfunding market 2018-2022. (Graphic: Business Wire)

The use of social media as a source of free of cost promotion will be one of the major drivers for the global crowdfunding market. Pre-selling and marketing a product has become more convenient with the help of social media platforms. Thus, an active crowdfunding campaign can go further than just acquiring the required funds. Social media campaigns are inexpensive and can rapidly access multiple channels. Thus, the use of social media as a free of cost promotion source will fuel the growth of the crowdfunding market size during the forecast period.

To learn more about the global trends impacting the future of market research, download free sample:https://www.technavio.com/talk-to-us?report=IRTNTR22750

As per Technavio, the crowdfunding campaigns as avenues for crowdsourcing, will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Crowdfunding Market: Crowdfunding Campaigns as Avenues for Crowdsourcing

The use of crowdfunding campaigns as avenues for crowdsourcing will be one of the critical trends in the global crowdfunding market. Customers are able to put forward their expectations in front of entrepreneurs through crowdfunding campaigns. This helps them to enhance product value proposition and measure product success before the actual launch. Thus, the use of crowdfunding campaigns has become a popular avenue for crowdsourcing.

“Apart from the rising use of crowdfunding campaigns, the increasing use of blockchain technology and the emergence of niche crowdfunding platforms are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

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Global Crowdfunding Market: Segmentation Analysis

This market research report segments the global crowdfunding market by business model (P2P lending, equity investment, reward, hybrid, and others) and geographical regions (Americas, APAC, and EMEA).

The Americas region led the market share in 2017, followed by EMEA and APAC respectively. However, during the forecast period. However, the APAC region will witness the highest crowdfunding market growth during the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

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Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

View source version on businesswire.com:https://www.businesswire.com/news/home/20191112005547/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: SOCIAL MEDIA COMMUNICATIONS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/12/2019 07:00 AM/DISC: 11/12/2019 07:01 AM

http://www.businesswire.com/news/home/20191112005547/en

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