About Crowdfunding Litigation
Crowdfunding litigation is the legal financing collected from the third party, in general, the public, the aim of crowdfunding litigation is to provide the financial resources and support to the claimant. It is basically raised for the specific objective where investors are the crowd or public who is considered as the legal funding company. These can be used in the medical, memorial, nonprofit, education, and other type of applications. It can be equity-based, reward-based, and donation based.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Crowdfunding Litigation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Axia Funder (United Kingdom), AngelList (United States), Indiegogo Inc. (United States), LexShares (United States), CrowdJustice (United States), Croft Solicitors (United States) and Irwin Mitchell (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Crowdfunding Litigation market by Type (Equity Crowdfunding, Reward-based Crowdfunding and Donation Crowdfunding), Application (Medical, Memorial, Nonprofit, Education and Others) and Region.
On the basis of geography, the market of Crowdfunding Litigation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Online Crowdfunding Litigation will boost the Crowdfunding Litigation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Models, the sub-segment i.e. Investment-based Models will boost the Crowdfunding Litigation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Online Crowdfunding Litigation in Different Online Channels
Market Growth Drivers:
Growing Digitalization and Easy Access to a Large Number of People at One Place for Funding and Riisn Fundraising Services for Helping Those in Needs and Can not Afford to Pay for their Expenses
Challenges:
Stringent Regulatory Guidelines Involved with the Crowdfunding Litigation
Restraints:
Risk Related to Online Platform Crowdfunding Litigation Frauds
Opportunities:
Surging Number of Crowdfunding Litigation Companies Around the World in Online and Offline Platform
On 24th February 2020, AxiaFunder launches a 200,000 Pound crowdfunding campaign. The litigation crowdfunding platform said the money raised will be used for recruitment, technology development, and marketing. It said it was looking to strengthen its case origination and assessment capability as well as its use of smart data.
"The complexity of the underlying risk for crowdfunding litigation is more comparable with that of investment-based crowdfunding, where investors need an understanding of the business and its prospects. The FCA’s approach with investment-based crowdfunding has been to put in place safeguards that aim to ensure that investors are aware of the risks involved. FCA rules require that investors must be sophisticated or high-net-worth, have received advice, or be investing no more than 10% of their net assets (excluding homes and pensions)."
Key Target Audience
Crowdfunding Litigation Providers, Crowdfunding Litigation Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.