Crowdinvesting - Ireland

Ireland

Highlights

The total transaction value in the Crowdinvesting market in Ireland is projected to reach US$3.97m in 2024.
When looking at a global comparison, the highest transaction value is achieved the United Kingdom (US$608m in 2024).
In Ireland, the Crowdinvesting market is gaining traction, offering innovative capital-raising opportunities for local startups and small businesses.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Crowdinvesting, also known as crowdfunding, is a popular alternative financing method that allows individuals to invest in projects or businesses through online platforms. In recent years, the Crowdinvesting market in Ireland has been experiencing significant growth and development.

Customer preferences: Irish investors are increasingly drawn to Crowdinvesting platforms due to the potential for high returns and the opportunity to support local businesses and startups. The convenience of online platforms also appeals to investors who are looking for accessible and user-friendly investment options. Additionally, the transparency and community-driven nature of Crowdinvesting platforms resonate with Irish investors who value trust and collaboration.

Trends in the market: One noticeable trend in the Crowdinvesting market in Ireland is the rise of sector-specific platforms. These platforms focus on specific industries such as technology, renewable energy, or real estate, catering to investors with a particular interest or expertise in those sectors. This trend reflects the growing demand for specialized investment opportunities and the desire for investors to align their investments with their personal interests or values. Another trend in the market is the emergence of equity-based Crowdinvesting platforms. These platforms allow investors to acquire equity stakes in businesses, giving them a sense of ownership and the potential for long-term financial gains. This trend indicates a shift towards more sophisticated investment models and a growing appetite for equity investments among Irish investors.

Local special circumstances: Ireland's vibrant startup ecosystem and entrepreneurial culture have contributed to the growth of the Crowdinvesting market. The country is known for its supportive business environment, with various government initiatives and tax incentives in place to encourage entrepreneurship and innovation. This favorable environment has attracted a diverse range of startups and small businesses seeking funding, creating a fertile ground for Crowdinvesting platforms to thrive.

Underlying macroeconomic factors: The overall economic stability and steady GDP growth in Ireland have also played a role in the development of the Crowdinvesting market. As the economy continues to recover from the global financial crisis, investors are becoming more confident and willing to explore alternative investment opportunities. Additionally, low interest rates and limited investment options in traditional financial markets have driven investors towards Crowdinvesting platforms in search of higher returns. In conclusion, the Crowdinvesting market in Ireland is experiencing growth and development due to customer preferences for high returns, convenience, and community-driven platforms. The emergence of sector-specific and equity-based platforms reflects the evolving needs and interests of Irish investors. The supportive business environment and favorable macroeconomic factors in Ireland have further contributed to the expansion of the Crowdinvesting market.

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.