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 Algeria is experiencing steady growth due to customer preferences for alternative investment options, favorable local special circumstances, and underlying macroeconomic factors. Customer preferences in Algeria are shifting towards alternative investment options such as crowdinvesting.
This is driven by a desire for higher returns compared to traditional investment options, as well as the opportunity to support local businesses and startups. Crowdinvesting allows individuals to invest smaller amounts of money in a diversified portfolio of projects, providing them with a sense of empowerment and ownership in the success of these ventures. Trends in the crowdinvesting market in Algeria show an increasing number of platforms and projects available for investment.
This is a result of the growing interest from both entrepreneurs seeking funding and individuals looking for investment opportunities. The rise of internet access and digital platforms has made it easier for entrepreneurs to showcase their projects and attract investors. Additionally, the government has implemented policies to support entrepreneurship and innovation, further fueling the growth of the crowdinvesting market.
Local special circumstances in Algeria also contribute to the development of the crowdinvesting market. The country has a young and tech-savvy population, with a high percentage of individuals interested in entrepreneurship and innovation. This creates a favorable environment for crowdinvesting, as there is a pool of potential investors who are eager to support local projects.
Furthermore, Algeria has a strong sense of community and solidarity, which aligns with the principles of crowdinvesting where individuals come together to support and fund projects that they believe in. Underlying macroeconomic factors in Algeria also play a role in the growth of the crowdinvesting market. The country has been diversifying its economy and moving away from a heavy reliance on oil and gas.
This has created opportunities for startups and small businesses in sectors such as technology, renewable energy, and agriculture. Crowdinvesting provides a source of funding for these ventures, allowing them to grow and contribute to the country's economic development. Additionally, the government has been implementing reforms to improve the business environment and attract foreign investment, which further supports the crowdinvesting market.
In conclusion, the crowdinvesting market in Algeria is developing due to customer preferences for alternative investment options, the availability of platforms and projects, favorable local special circumstances, and underlying macroeconomic factors. As the market continues to grow, it is expected to play a significant role in supporting entrepreneurship, innovation, and economic diversification in the country.
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