Crowdinvesting - Caribbean

Caribbean

Highlights

The total transaction value in the Crowdinvesting market is expected to reach US$132.10k in 2024.
When compared globally, the United Kingdom leads with a projected transaction value of US$608m in 2024.
This data highlights the significance of Crowdinvesting market in the Caribbean.
In the Caribbean, Crowdinvesting is gaining traction as a popular alternative for capital raising among tech startups and real estate developers.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Crowdinvesting, a form of crowdfunding where individuals invest in projects or ventures in exchange for equity or a share of the profits, is gaining popularity in the Caribbean region. This trend can be attributed to several factors, including customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences in the Caribbean are shifting towards more diverse investment opportunities. Traditionally, individuals in the region have relied on traditional investment options such as real estate or savings accounts. However, with the rise of digital platforms and increased access to information, investors are seeking alternative ways to grow their wealth.

Crowdinvesting provides an opportunity for individuals to invest in a variety of projects, ranging from startups to real estate developments, thereby diversifying their investment portfolios. Trends in the crowdinvesting market in the Caribbean are also influenced by global and regional market trends. For instance, the rise of social media and online platforms has made it easier for entrepreneurs and project owners to connect with potential investors.

This has led to an increase in the number of crowdinvesting campaigns and projects in the region. Additionally, the Caribbean has seen a growth in the number of startups and small businesses, which are often in need of funding. Crowdinvesting provides an alternative source of capital for these ventures, allowing them to grow and succeed.

Local special circumstances in the Caribbean also contribute to the development of the crowdinvesting market. The region is known for its vibrant tourism industry, which attracts millions of visitors each year. This influx of tourists has created a demand for hospitality and tourism-related projects, such as hotels, resorts, and eco-tourism initiatives.

Crowdinvesting allows individuals to invest in these projects, giving them a stake in the growing tourism industry. Underlying macroeconomic factors also play a role in the development of the crowdinvesting market in the Caribbean. The region has experienced economic growth in recent years, with increased foreign direct investment and improved infrastructure.

This economic growth has created a favorable environment for entrepreneurship and investment, leading to an increase in crowdinvesting opportunities. Additionally, the Caribbean has a strong diaspora community, with many individuals living abroad and maintaining ties to their home countries. Crowdinvesting provides a way for these individuals to invest in local projects and support economic development in their home countries.

In conclusion, the crowdinvesting market in the Caribbean is developing due to customer preferences for diverse investment opportunities, global and regional market trends, local special circumstances, and underlying macroeconomic factors. As more individuals seek alternative investment options and as the region continues to experience economic growth, the crowdinvesting market is expected to thrive in the Caribbean.

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.