Crowdfunding Market 2023 Supply-Demand, Production Cost and Share Analysis
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 ...