Design projects were the next most funded, followed by technology and film & video. Which are Kickstarter's most popular projects?Īs of November 2023, the most popular category of projects featured on Kickstarter was games, with roughly 2.3 billion U.S. Kickstarter also applies one of two types of reward-based crowdfunding, namely 'All-or-Nothing' support, where project initiators set a funding goal and receive the donations only if the goal is reached, as opposed to 'Keep-it-All,' the funding model used by other platforms, where the money raised is kept regardless of whether it meets the funding goal.

The company focuses on creative projects and functions on a reward-based system, where backers of a project are promised a little something in return for their financial contribution, such as personalized merchandise, invitations to events, public acknowledgement or updates regarding the project’s development. Kickstarter is an American-based crowdfunding platform that was created in 2009 and has reportedly received pledges worth approximately 7.68 billion U.S. In other words, more than four out of ten projects on Kickstarter was successfully funded, while roughly six out of ten projects were unsuccessful. Kickstarter project funding success rate November 2023Īs of November 2023, the success rate of fully funding a project on the crowdfunding website Kickstarter was 41.02 percent. Microsoft’s Xbox X/S Series was released in the same year when it sold over three million units. The Nintendo Switch sold 28.7 million units in 2020 and ranks as one of the market’s most popular products alongside Sony’s PlayStation 5. The console gaming industry is dominated by three major brands: Sony, Nintendo, and Microsoft. The online entertainment network associated with the consoles is called the PlayStation Network, and as of June 2023 had around 108 million active users. The PlayStation 2 ranks at the top of this list with over 157 million units sold, while the more recent PS4 ranks fourth, generating an additional 113 million unit sales throughout its lifetime. Sony’s PlayStation line of gaming consoles ranks as one of the most successful console brands of all time – five of its products ranking among the top ten highest selling consoles in history. Sales of PlayStation consoles generally tend to peak in the company’s third fiscal quarter, which is the fourth calendar quarter, as people begin to prepare for the holiday season. Sony sold a total of 4.9 million PlayStation 5 gaming consoles in the third quarter of the fiscal year 2023.

Sony PlayStation game consoles unit sales 2011-2023, by quarter

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