The Asia-Pacific crowdfunding market is projected to surge nearly fourfold to $1.93 billion by 2033 from $496.77 million in 2024, expanding at a compound annual growth rate of 16.33%, according to a new industry report published by ResearchAndMarkets.
The report incorporates adjacent sectors rewards (e-commerce) and donations (charity), not just securities or investment crowdfunding.
Rapid digital penetration, evolving investor preferences, and regulatory support are fueling this growth across the region, the report noted.
Crowdfunding has gained traction as an alternative financing tool for startups, social ventures, and creative projects, particularly in major economies such as China, India, Japan, and South Korea.
Mobile-first platforms and rising internet usage are helping democratize access to capital, particularly in underserved rural and urban markets.
“Digital accessibility and a shift in investor mindset are unlocking new opportunities for entrepreneurial funding,” the report said. “Many investors are now motivated not only by returns but also by alignment with social or impact-oriented causes.”
India’s crowdfunding sector is witnessing notable regulatory developments. While reward- and donation-based models dominate, interest in equity and debt-based crowdfunding is growing among startups.
In November 2024, India’s securities regulator SEBI proposed raising the investment range for angel funds, aiming to strengthen investor participation.
Peer-to-peer lending platforms such as Faircent and Lendbox are also emerging as alternatives to traditional banking.
However, market maturity remains uneven due to fragmented regulations, low investor awareness, and concerns over trust and transparency.
Fraud, misuse of funds, and cybersecurity threats are hindering broader adoption. Platforms are under pressure to implement stronger due diligence, encryption, and monitoring systems to build user confidence.
“Trust and transparency remain critical bottlenecks,” the report said, adding that regulatory clarity and platform accountability will be essential to sustaining long-term growth.
Despite the challenges, crowdfunding is emerging as a key pillar of Asia-Pacific’s evolving financial ecosystem, offering cost-effective capital access to early-stage ventures and underbanked sectors.
As digital and regulatory infrastructure improves, the report forecasts continued innovation and broader adoption across the region.