Market Size of Asia Pacific Venture Capital Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Venture Capital Market Analysis
VC funding activity in the APAC region remained inconsistent during the COVID-19 pandemic in the second quarter of 2020. While VC deal volume, after decreasing from 621 in April to 463 in May rebounded marginally to 476 in June, deal value registered consistent decrease from US$8.5bn in April to US$7.6bn in May and US$6.6bn in June.
Edtech and online grocery retail are areas, which have been gaining significance with enhanced use of online platforms during COVID-19. Companies active in healthcare and medical systems space are also gaining attention. China continued to top the venture capital (VC) funding activity both in terms of volume as well as value and was way ahead of its peer countries in the Asia-Pacific (APAC) region during the second quarter (Q2) of 2020.
China continued to maintain its dominance with the country accounting for close to 50% of the total VC deal volume in Q2. China's share as a proportion of total deal value was also above the 70% mark during all the three months of Q2. Some of the notable deals announced in China during Q2 included USD 1 billion raised by COVID-19 testing equipment maker MGI Tech; USD 750 million raised by online learning platform Zuoyebang; and USD 500 million raised by online grocery start-up MissFresh.
India, Japan, South Korea and Singapore were the other top four markets by deal volume while India, Singapore, Japan and Australia were the other top four markets in terms of value. Most of the countries in the region showcased some recovery signs in June but are yet to touch April levels.
