Crowdfunding continues to grow globally, with the year 2015 expected to have raised around $34.4 billion, up from $16.2 billion in 2014, according to a report by Massolution, a research firm specializing in the crowdsourcing and crowdfunding industries.
North America remains the largest crowdfunding market, having raised $9.46 billion in 2014. But Asia is quickly catching up, seeing a huge growth of 320%, raising $3.4 billion and overtaking Europe’s $3.26 billion as the second biggest region for crowdfunding. In 2015, Massolution expects crowdfunding in Asia to grow more than double the rate in North America.