New report: the European #Crowdfunding market is loosing ground – with or without the UK
The recent market studyon European Alternative Finance by the Cambridge Centre for Alternative Finance presents surprising data, in a negative sense. As you can see in the chart, Europe is now lagging far behind America and Asia.
- The European market at 5.43 bn EUR is much smaller that the Americas (33.58bn) and the Asian (94.61bn).
- It is growing more slowly (+92% against +248% and +366% respectively).
- The pace of European growth is decreasing (+151% in 2014, 92% in 2015) while others are accelerating.
Even considering only the market leader in each continent, the UK grew much slower than the US and China.
While it is not correct to put in the same bucket North and South America, Asia and Pacific, but that’s the way it is in the report. And in any case, it does not change the story.