The crowdfunding market - Italy

Crowdfunding in Italy had an early start, however, despite this anticipation, its development has encountered various obstacles, including a high rate of digital illiteracy and a significant distrust of online payments. Despite these challenges, crowdfunding has continued to evolve and mature in Italy. In the decade between 2010 and 2020, we witnessed the expansion of reward and donation crowdfunding platforms, the success of social lending, and a real boom in crowdfunding platforms in 2013. The latter led to the emergence of specific regulation for equity-based crowdfunding.[Crowd-funding] The trend in more recent years has shown the evolution of crowdfunding toward greater loyalty, decentralization, and internationalization. Growth in equity crow dfunding and greater incorporation of crowdfunding into the Italian economic fabric is expected in the coming years. [Crowd-funding.] The global crowdfunding market is expected to grow from $1.41 billion in 2023 to $3.62 billion by 2030, with a compound annual growth rate(CAGR) of 14.5 percent over the forecast period.[Fortunebusinessinsight] This study focuses on the crowdfunding market in Italy. For information on related markets, such as FinTech, please refer to the specific studies available in the Businesscoot catalog.