The global Crowdfunding transactional value will be growing annually at the net rate of 12% in between three years from 2020-2023. This has been estimated from the data as gathered from Learnbonds.com shows that within the next three years, overall net value of the crowd funding transactional value will reach $11.98Bn.
The Crowdfunding transactional value to grow consistently for next three years: –
As per the Learnbonds.com data, the net transactional value for Crowdfunding for this year (2020) is estimated to be $8.53 billion globally, and that is expected to surge by $9.97 billion within next year and during 2022, this transactional value will furthermore rise to $11.11 billion.
In the previous three years statistics from 2017 to 2019, the transactional value has surged from $3.98 billion in (2017) to $5.32 billion in (2018) and $6.92 billion during (2019).
The report further stated that “The data focuses on reward-based crowdfunding and pre-financing products like music through platforms like Kickstarter, Indiegogo.”
The growth in transaction value is reflected by the increasing number of crowdfunding campaigns. In 2023, the campaigns are set to face at 12.06 million. This year, the campaigns are going to be 10.94 million.
In 2021 and 2022, the campaigns are going to be 11.82 million and 12.02 million campaigns respectively. The campaigns are growing since 2017 when the figure stood at 5.20 million while 2018 recorded 6.46 campaigns. Last year the figure was 8.72 million.
The crowdfunding campaigns record varied average amounts per funding. This year the typical funding per campaign is $780. Over the last three years, the figure has been fluctuating to record $765 (2017), $824 (2018) and $794 (2019).
By estimates, the typical in 2021 are going to be $843, which can later grow by 8.7% in 2022 to hit $924. By 2023, the typical are going to be $994. On a worldwide scale, the very best total transaction values visited East Asia at $7.08 billion with China accounting for $7.05 billion. North America has $830 million, with the US taking $782 million. In total, central and western European countries accounted for $296 million of the crowdfunding transaction value.
