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# Crowdfunded Music Projects Raised $202.5 Million In 2012 [STUDY]
- URL: https://www.hypebot.com/crowdfunded-music-projects-raised-2025-million-in-2012-study/
- Published: 2013-04-09T12:30:00.000Z
- Updated: 2013-04-09T12:30:00.000Z
- Description: Global crowdfunding grew 81% to $2.7 billion in 2012, successfully funding more than 1 million campaigns, according to a new report from Massolution, a consultancy specializing in the crowdsourcing and. Continue reading [https://www.hypebot.com/hypebot/2013/04/crowdfunded-music-projects-raised-2025-
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Tech, #wp, #wp-post, #Import 2026-01-21 10:43

[![image from www.projects2crowdfund.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e2017eea1c7368970d-200wi "image from www.projects2crowdfund.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2017eea1c7368970d-popup?ref=hypebot.com)

Global crowdfunding grew 81% to $2.7 billion in 2012, successfully funding more than 1 million campaigns, according to a new report from Massolution, a consultancy specializing in the crowdsourcing and crowdfunding industries. Projects related directly to music and the recording arts represented 7.5% of total funding, or $202.5 million.

**Films & Performing Arts** projects represented 11.9% of funding globally. Only the **Social Causes** (30%) and **Business & Entrepreneurship** (16.9%) categories attracted more dollars.

North America and Europe account for over 95% of the total market, according to the study which surveyed 308 active crowdfunding platforms (CFPs) worldwide.

[![crowdfunding](http://hypebot.typepad.com/.a/6a00d83451b36c69e2017eea1c660e970d-400wi "crowdfunding")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2017eea1c660e970d-popup?ref=hypebot.com) 

click on image to enlarge

**More Growth Expected**

Massolution forecasts an increase in global crowdfunding volumes in 2013, to $5.1 billion.

CEO of [massolution](http://www.massolution.com/?ref=hypebot.com), Carl Esposti states:  
"While lending-, donation-, and reward-based crowdfunding have thus far  
been leading this global financial revolution, equity-based  
crowdfunding is about to take center stage in the U.S. The JOBS Act,  
which will allow non-accredited investors to make investments in  
exchange for equity, is expected to go into effect by the end of 2013."

**Growth Rates By Region**

Although crowdfunding offers a growing number of countries opportunities to access funds, North America and Europe raised much more capital than platforms in other regions.

- **North America**: crowdfunding volumes grew 105% to $1.6 billion
- **Europe:** crowdfunding volumes grew 65% to $945 million
- In total, all other markets grew close to 125%

**Growth Rates By Models**

The  
growth in funding volumes was primarily driven by lending- and  
donation-based crowdfunding, and by SME adoption of reward-based  
crowdfunding. The growth in lending volumes mainly stemmed from  
crowdfunded micro-loans and community-driven loans to local SMEs.

- **Donation- and Reward-based** crowdfunding grew 85% to $1.4 billion
- **Lending-based** crowdfunding grew 111% to $1.2 billion
- **Equity-based** crowdfunding grew 30% to $116 million