Crowdfunding Market Size Is Anticipated To Reach USD 5.53 Billion By 2030
San Francisco, 4 July 2023: The Report Crowdfunding Market Size, Share & Trends Analysis Report By Type (Equity-based, Debt-based) By Application (Food & Beverage, Technology, Media, Healthcare, Real Estate), By Region, And Segment Forecasts, 2023 - 2030 The global crowdfunding market size is expected to reach USD 5.53 billion by 2030, growing at a CAGR of 16.7% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Growing demand for low-cost promotional tools, such as social media platforms for crowdfunding campaigns, is a major factor driving market growth. Furthermore, rising internet penetration has led to more accessibility of online crowdfunding platforms, which is further contributing to the growth of the crowdfunding market. Numerous crowdfunding platform providers remain focused on launching niche areas such as serving black women. For instance, in May 2020, BuildHer, a crowdfunding platform for women, launched its service to support