Definition:
The Digital Caiptal Raising segment relates to digital financial services for business customers, and private borrowers. Included are Crowdinvesting models, which focus particularly on start-ups exchanging investment for company shares (equity-based), and Crowdfunding solutions, which are used for non-monetary compensation, for example product launches, music, art & film financing (reward-based). The market also includes bank-independent loan allocation for SMEs (Crowdlending) and for personal loans (Marketplace Lending or so-called Peer-to-Peer lending) through private or institutional investors via online platforms. In view of processing complexity, this market is focused on small and medium-sized enterprises (SMEs), freelancers and private persons. Bank financing is not considered, neither are any financial aspects that reach beyond the scope of small and medium-sized enterprises or donation-based Crowdfunding models.Structure:
Digital Capital Raising consists of Reward-Based Crowdfunding, Crowdinvesting, Crowdlending and Marketplace Lending.Additional Information:
The market comprises of transaction values, campaigns, average funding per campaign.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Oct 2024
Source: Statista Market Insights
The Digital Capital Raising market in Oman has been experiencing significant growth in recent years, driven by customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Oman have shifted towards digital capital raising methods due to their convenience and accessibility.
With the increasing penetration of smartphones and internet connectivity, individuals and businesses are increasingly turning to online platforms to raise capital. This preference for digital capital raising methods is also driven by the desire for faster and more efficient processes, as well as the ability to reach a larger pool of potential investors. In line with global trends, the Digital Capital Raising market in Oman has seen a rise in crowdfunding platforms.
These platforms provide individuals and businesses with an alternative way to raise capital by tapping into a large network of potential investors. Crowdfunding has gained popularity in Oman due to its ability to democratize access to capital, allowing small businesses and startups to raise funds from a diverse range of investors. Another trend in the market is the increasing adoption of blockchain technology for capital raising purposes.
Blockchain offers a secure and transparent way to facilitate transactions, making it an attractive option for both investors and fundraisers. In Oman, the use of blockchain technology in capital raising has gained traction due to its potential to streamline processes and reduce costs. Local special circumstances in Oman have also contributed to the development of the Digital Capital Raising market.
The government has recognized the importance of supporting entrepreneurship and innovation, and has implemented initiatives to promote the growth of the startup ecosystem. These initiatives include the establishment of incubators and accelerators, as well as the provision of funding and mentorship programs. This supportive environment has encouraged entrepreneurs and startups to explore digital capital raising methods as a means to finance their ventures.
Furthermore, Oman's strategic location and strong ties with neighboring countries in the Gulf region have attracted foreign investors to the Digital Capital Raising market. The country's stable political and economic environment, as well as its favorable regulatory framework, have made it an attractive destination for investment. This influx of foreign capital has further fueled the growth of the Digital Capital Raising market in Oman.
Underlying macroeconomic factors, such as the diversification of the economy and the focus on innovation and technology, have also played a role in the development of the Digital Capital Raising market. Oman has been working towards reducing its dependence on oil revenues and diversifying its economy. This has led to increased investments in sectors such as technology, renewable energy, and healthcare, which in turn has created opportunities for digital capital raising.
In conclusion, the Digital Capital Raising market in Oman is experiencing growth due to customer preferences for digital methods, trends in the market such as crowdfunding and blockchain technology, local special circumstances including government support for entrepreneurship, and underlying macroeconomic factors such as economic diversification. These factors are expected to continue driving the growth of the market in the coming years.
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