Crowdfunding Market Is Slated To Witness Tremendous Growth In Future Crowdfunding Industry The

Rahul Nikade

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Crowdfunding Market Is Slated To Witness Tremendous Growth In Future

Crowdfunding Industry

The global crowdfunding market size is estimated to reach USD 5.53 billion by 2030, expanding at a compound annual growth rate (CAGR) of 17.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing demand for low-cost promotional tools, such as social media platforms for crowdfunding campaigns, is a major factor driving market growth. Additionally, the rising internet penetration has enhanced the accessibility of online crowdfunding platforms, further contributing to the market’s expansion.

Several crowdfunding platform providers are increasingly focusing on launching niche platforms aimed at underserved communities. For instance, in May 2020, BuildHer—a crowdfunding platform for women—launched its services to support young women in Kenya by equipping them with accredited construction skills, thereby promoting financial prosperity and gender equality within the construction industry. Such initiatives are expected to create lucrative growth opportunities for the market in the coming years.

The increasing number of startups globally is also boosting the demand for crowdfunding platforms. For example, India witnessed a dramatic rise of 15,400% in the number of startups, growing from 471 in 2016 to 72,993 as of June 2022. Startups are leveraging crowdfunding to strengthen their global market presence and invest more in research and development activities. This surge in startup activity is anticipated to further propel market growth.

The COVID-19 pandemic significantly accelerated the adoption of crowdfunding platforms. Donations for COVID-19 care, hospitalization, and oxygen relief campaigns saw a notable increase. For instance, on Milaap, a crowdfunding platform, the number of donations rose from 325,000 in 2020 to 400,000 in 2021. Similarly, in 2021, GoFundMe facilitated more than 175,000 crowdfunding campaigns in the U.S. related to pandemic needs. This surge in donation-based crowdfunding further underlined the critical role of these platforms during global crises.

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Crowdfunding Market Segments Highlights:

The equity-based crowdfunding segment is expected to witness rapid growth over the forecast period. The segment growth can be attributed to the growing popularity of equity crowdfunding platforms as it offers an equity share of the company to investors
The technology segment is expected to witness significant growth over the forecast period. Growing demand for integrating innovative technologies such as blockchain, machine learning, and Artificial Intelligence (AI) into various digital platforms is expected to propel the growth of the segment
North America dominated the regional market in 2024. The rising number of startup

Crowdfunding Market Report Segmentation

Grand View Research has segmented the global crowdfunding market based on type, application, and region:

Crowdfunding Type Outlook (Revenue, USD Million, 2018 - 2030 )