![]() ![]() Laura Wood, Senior Press E.S.Donald Anderson Thanks for watching.like this video comment your opinions share with your friends and don't forget to subscribe.Also turn your notifications ON to get fast updates. What is the degree of competition in the industry?įor more information about this report visit What is the structure of the global crowdfunding market and who are the key players? What are the key driving factors and challenges in the industry? What are the various stages in the value chain of the industry? ![]() What is the breakup of the market based on the end use? Adaptable, compact, and ready Check out Companion: Most Advanced 2 Person Survival System on Indiegogo. Indiegogo allows people to solicit funds for an idea, charity, or start-up business. Designed to sustain 2 people in any emergency. The site is one of the first sites to offer crowdfunding. What is the breakup of the market based on the type? Website: Organization Profile: Indiegogo is a crowdfunding platform empowering people around the world to fund projects that matter to them. What has been the impact of COVID-19 on the global crowdfunding market? How has the global crowdfunding market performed so far and how will it perform in the coming years? The report has also analysed the competitive landscape of the market with some of the key players being CircleUp Network Inc., Crowdfunder Inc., Fundable LLC, Fundrise LLC, GoFundMe Inc., Indiegogo Inc. Moreover, the increasing trend of peer-to-peer (P2P) lending is expected to provide a positive outlook for the market in the coming years. Consequently, it is gaining traction across various enterprises to promote an idea, gauge audience interest and pre-sell a product.įurthermore, as YouTube recently launched its crowdfunding feature, known as Sponsorships, it is currently being utilized by creators on the platform for monetizing their content and increasing engagement with their audience. We want to see all schools prepared for an emergency by supplying each classroom w Check out Help Yourself to Help Others - Survival Kits on Indiegogo. Apart from this, the rising influence of social media is strengthening the crowdfunding market growth.Ĭrowdfunding through these platforms offers a way for the mass to provide feedback and valuable information on the development and demand of the new product. ![]() These campaigns offer easy accessibility to vast networks of people and help an entity in raising funds in a shorter timeframe. With the sudden outbreak of the coronavirus disease (COVID-19), several non-profit organizations are providing financial support through crowdfunding campaigns. It is considered a scalable, flexible and efficient fund-raising solution as compared to conventional methods. Crowdfunding provides direct access to the market and eliminates the need for banks or venture capitalists. ![]() It is generally conducted online through websites and social networking platforms. ![]()
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