General Crowdfunding Discussion

How Big Will the Crowdfunding Platform Get?

big crowdfunding platform

Crowdfunding is global and growing. The industry is growing on a global scale much faster than even some of the brightest economic analysts predicted. Crowdfunding platforms are multiplying worldwide, and the sums they raise are growing exponentially. There are approximately 600 crowdfunding platforms that help users raise small sums of money from a group throughout the world.

Crowdfunding is having a massive economic impact on every industry under the sun, such for example music, film, real estate, debt & lending, education, sports & athletics, fashion, agriculture, clean energy, science, technology, health & medical, and charities to name a few.

Between 2018($84bn to $114bn) and 2021, crowdfunding expanded as a compound annual growth of 63%. At the end of 2020, research suggests that $34 Billion in investment funds could be globally available.

In Asia, the crowdfunding industry grew by a whopping 320% in 2014.

inside-dramatic-rise-crowdfunding-3Growth In Equity:
Originally developed as a means of quickly raising capital for charitable causes and artistic projects, the JOBS Act of 2012 opened the door for equity crowdfunding. Today, businesses can provide equity in exchange for capital investment.

After JOBS Act Passed(accredited investor restriction removed) – Estimate 233.7MM Active Accredited investors.

According to a recent CNBC article, money raised via equity crowdfunding projects rose from $483 million in the final quarter of 2014 to $662 million in the first quarter of 2015.

In response to the JOBS Act, many platforms have been developed to assist small businesses in raising capital online. Some notable examples include the aforementioned Fundable, AngelList, Fundraisingscript, etc. Investors are now beginning to utilize these platforms to find new businesses worthy of significant investment.

To Sum Up, How Big Will the Crowdfunding Industry Get:

600 crowdfunding platforms are multiplying around the world
Between 2009 to 2012, Annual Growth was 63%
At the end of 2015, research suggests that $93 Billion
Asia, the industry grew by a whopping 320% in 2014
In 2014 Kickstarter became the first-ever crowdfunding platform to raise a total of $1,000,000,000

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Conclusion
We have summed up some statistical guesses and predictions showing the scope of the crowdfunding market is expanding along with the rising demands. Equity-based crowdfunding is getting placed in the market. The more it grows more it will expand, but at this point, there’s no telling for sure exactly just how big the industry will get in the next 5 to 10 years. It will be very exciting to continue watching as the industry evolves.

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