Digital Capital Raising - Armenia

  • Armenia
  • in Armenia, a country in the South Caucasus region, is projected to have a total transaction value in the Digital Capital Raising market market reaching US$2,831.00k in 2024.
  • MarketCrowdlending (Business) dominates the market with a projected total transaction value of US$2,801.00k in 2024.
  • Comparing globally, the United States leads with the highest cumulated transaction value of US$36,370m in 2024.
  • Armenia's emerging tech scene is driving a surge in digital capital raising, positioning the country as a promising hub for innovative fundraising strategies.

Key regions: Brazil, Germany, United States, United Kingdom, China

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

Armenia, a small country located in the South Caucasus region, has been experiencing a significant development in its Digital Capital Raising market. This market, which involves the use of digital platforms to raise capital for businesses and startups, has gained traction in Armenia due to several factors.

Customer preferences:
Armenian customers have shown a growing preference for digital capital raising platforms due to their convenience and accessibility. These platforms provide an efficient and streamlined process for entrepreneurs to connect with potential investors, eliminating the need for traditional intermediaries. Moreover, the younger generation in Armenia, who are more tech-savvy and open to digital solutions, are increasingly embracing these platforms as a means to fund their innovative ideas.

Trends in the market:
One of the key trends in the Armenian Digital Capital Raising market is the rise of crowdfunding platforms. These platforms allow individuals to contribute small amounts of money towards a business or project, enabling entrepreneurs to raise capital from a large number of investors. This trend has gained momentum in Armenia as it provides an alternative source of funding for startups and small businesses that may struggle to secure traditional financing. Another trend in the market is the emergence of blockchain-based fundraising platforms. These platforms leverage the transparency and security of blockchain technology to facilitate the issuance and trading of digital securities. This trend has gained traction in Armenia as it offers investors a more efficient and cost-effective way to participate in capital raising activities, while also providing entrepreneurs with access to a global pool of investors.

Local special circumstances:
Armenia's vibrant startup ecosystem has played a significant role in the development of its Digital Capital Raising market. The country has a strong culture of entrepreneurship, with a growing number of tech startups and innovative businesses. This entrepreneurial spirit, coupled with the availability of skilled tech talent, has created a favorable environment for the growth of digital capital raising platforms in Armenia. Furthermore, the Armenian government has been supportive of the digital economy and has implemented policies to promote innovation and entrepreneurship. This includes the establishment of tax incentives and the creation of startup-friendly regulations. These initiatives have attracted both local and foreign investors to the Armenian market, further fueling the growth of the Digital Capital Raising market.

Underlying macroeconomic factors:
Armenia's economic growth and stability have also contributed to the development of its Digital Capital Raising market. The country has experienced steady economic growth in recent years, driven by sectors such as IT, tourism, and agriculture. This has created a favorable investment climate, with investors seeking opportunities to capitalize on Armenia's economic potential. Additionally, Armenia's strategic location at the crossroads of Europe and Asia has positioned it as a gateway for investment in the region. The country's membership in the Eurasian Economic Union and its favorable trade agreements with neighboring countries have further enhanced its attractiveness as an investment destination. In conclusion, the Digital Capital Raising market in Armenia has been experiencing significant development due to customer preferences for digital platforms, the rise of crowdfunding and blockchain-based platforms, the vibrant startup ecosystem, supportive government policies, and favorable macroeconomic factors. These factors have created a conducive environment for entrepreneurs and investors to connect and raise capital digitally, driving the growth of the market in Armenia.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Capital Raised
  • Average Deal Size
  • Global Comparison
  • Number of Deals
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)