This archive report was first published on 12 July 2021.
Published on July 12, 2021, a report by Statista revealed that the global alternative financing market experienced a significant growth between 2017 and 2019, with the transaction value jumping by almost 50% from $3.9 billion to $5.8 billion.
Despite the COVID-19 pandemic, the market continued to grow, reaching $6.3 billion in 2020. The unified market is expected to reach almost $7.5 billion in 2021 and then grow by another $1.4 billion in the next two years, reaching over $9.8 billion by 2025.
The crowdinvesting segment, the market's largest segment, is expected to hit a $7.8 billion transaction value by 2023, a 23% increase in two years. By 2025, this figure is set to grow to $8.6 billion. The average funding per campaign in the crowdinvesting segment amounted to around $103,500 last year, which is set to reach $112,700 in 2021 and then jump to almost $122,000 by 2023.
The crowdfunding segment is forecast to reach $1.1 billion value in the next two years, compared to around $1 billion in 2021, with the average funding per campaign growing from $5,800 to $6,400 in this period.
The United States ranked as the world's largest alternative financing market in 2021, with a $1.5 billion transaction value, 12.3% more than a year ago. The market is forecast to grow by 13% to $1.7 billion in 2023.
China is expected to reach $1.6 billion transaction value in the next two years, compared to $1.35 billion in 2021. However, Israel is set to witness even more significant growth, with transaction value growing by 30% in the next two years and reaching $1.33 billion.
The United Kingdom and the Netherlands round the top five list, with $1.1 billion and $0.7 billion in transaction value by 2023, respectively.