Definition:
The term Crowdinvesting, otherwise know as equity-based Crowdfunding defines a variety of transactions where an unspecified number of investors come together in order to invest in a well-defined purpose. The following segment exclusively considers equity-based Crowdfunding: investments in equity shares or profit-related returns for instanceroyalties or convertible loans. Crowdinvesting has become a popular financing option for start-ups and is considered part of venture capital financing.Additional Information:
Key players in this market are EquityNet, CrowdCube and Seedrs.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
The Crowdinvesting market in Albania is experiencing significant growth and development.
Customer preferences: Albanian investors are increasingly turning to crowdinvesting as a means of diversifying their investment portfolios and accessing new opportunities. The convenience and accessibility of online platforms have made it easier for individuals to participate in crowdinvesting campaigns and support innovative projects. Additionally, the potential for high returns and the ability to support local businesses and startups are appealing factors for Albanian investors.
Trends in the market: One of the key trends in the crowdinvesting market in Albania is the emergence of platforms that cater specifically to local businesses and startups. These platforms provide a space for entrepreneurs to showcase their ideas and attract funding from Albanian investors. This trend is driven by the desire to support local businesses and promote economic growth within the country. Another trend in the market is the increasing focus on social and environmental impact. Albanian investors are becoming more conscious of the social and environmental implications of their investments and are seeking out crowdinvesting opportunities that align with their values. This trend is in line with the global shift towards sustainable investing and reflects the growing awareness of the importance of responsible investment practices.
Local special circumstances: Albania's relatively small market size and limited access to traditional financing options have created a favorable environment for the growth of crowdinvesting. The lack of established venture capital firms and angel investors has led entrepreneurs to turn to crowdinvesting as a viable alternative for funding their projects. Additionally, the growing interest in supporting local businesses and startups has further fueled the development of the crowdinvesting market in Albania.
Underlying macroeconomic factors: The Albanian economy has been experiencing steady growth in recent years, which has created a favorable environment for investment. The government has implemented policies to attract foreign direct investment and support the growth of small and medium-sized enterprises. This has contributed to the overall positive sentiment towards investing in Albania and has created opportunities for crowdinvesting campaigns to thrive. Furthermore, advancements in technology and the increasing adoption of digital platforms have made it easier for crowdinvesting platforms to operate in Albania. The widespread use of smartphones and internet access has enabled investors to participate in crowdinvesting campaigns from anywhere, further fueling the growth of the market. In conclusion, the crowdinvesting market in Albania is experiencing significant growth and development. Albanian investors are attracted to crowdinvesting due to the potential for high returns, the ability to support local businesses, and the convenience of online platforms. The emergence of platforms catering specifically to local businesses and startups, as well as the increasing focus on social and environmental impact, are key trends in the market. The favorable local circumstances, such as limited access to traditional financing options and the growing interest in supporting local businesses, have contributed to the growth of crowdinvesting in Albania. Additionally, the positive macroeconomic factors and advancements in technology have created a conducive environment for the market to thrive.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights