Global Art Crowdfunding Market Report 2024: Size, Drivers, And Top Segments
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The art crowdfunding market (22) surged from $1.7 billion in 2023 to $1.91 billion in 2024, with a CAGR of 12.3%, driven by online platforms and cultural shifts. Forecasts predict growth to $3.04 billion by 2028, with a CAGR of 12.3%, propelled by art education and blockchain integration.
The expansion of online art marketplaces is propelling growth in the art crowdfunding market. With online art sales reaching $10.8 billion in 2022 and accounting for 15.9% of all art sales, there is a growing opportunity for artists to raise funds through crowdfunding platforms.
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What Are The Key Trends That Influence Art Crowdfunding Market Share Analysis?
Major companies in the crowdfunding market are focusing on innovation to enhance their market position. For instance, in January 2023, SideKick Finance, a UK-based platform, introduced JumpStart. This decentralized NFT crowdfunding platform empowers creators and investors to bring valuable ideas to life. JumpStart is user-friendly and decentralized, allowing anyone to launch campaigns swiftly using NFTs. It provides a scalable platform covering various sectors like gaming, art, music, and charities.
Which Market Players Are Driving Growth In The Art Crowdfunding Market?
Major companies operating in the art crowdfunding market report are Rockethub,Patreon Inc., Ulule, Indiegogo Inc., Pozible, GoFundMe LLC., Kickstarter PBC, Fundable LLC., Makuake Inc., Fundition Inc., Ketto, Razoo Inc., Wefunder, ArtLifting,Fundrazr, Crowdfunder Ltd., ArtistShare Inc., Seed&Spark Inc., Artboost, Wishberry Online Services Pvt. Ltd., CrowdBazaar Ltd., Makestar Inc., 22x Fund, Fanbook, FundDreamer, iFundWomen,Hatchfund, KissKissBankBank and Co., Fundly.
How Is The Global Art Crowdfunding Market Segmented?
The art crowdfunding market covered in this report is segmented –
1) By Type: 5% Fee, 4% Fee, 3% Fee, Other Types
2) By Art Type: Visual Art, Performing Art, Literary Art, Other Art Types
3) By Platform: Reward-Based Crowdfunding, Donation-Based Crowdfunding, Equity Crowdfunding
4) By Application: Films, Music, Stage Shows, Comics, Journalism, Publishing, Museums, Galleries, Other Applications
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The Art Crowdfunding Global Market Report 2024 provides an overview of the art crowdfundingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The art crowdfunding market forecast analyzes art crowdfunding market size, art crowdfunding market share, leading competitor and their market positions.
The Table Of Content For The Art Crowdfunding Market Include
1. Art Crowdfunding Market Executive Summary
2. Art Crowdfunding Market Segments
3. Art Crowdfunding Market Size And Template Market Growth Rate
4. Key Art Crowdfunding Market Trends
5. Major Art Crowdfunding Market Drivers
……
25. Key Mergers And Acquisitions In The Art Crowdfunding Market
26. Top Art Crowdfunding Companies
27. Art Crowdfunding Market Opportunities And Strategies
28. Art Crowdfunding Market, Conclusions And Recommendations
29. Appendix
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