The number of users of the U.S.-based neobank, Chime, increased steadily between 2017 and 2022. Starting from less than a million users in 2017, Chime reached the miltestone of ten million users in 2020. The user base grew further the following years, reaching 14.5 million in 2022.
In 2024, several digital banks had substantial customer bases in the United States. Cash App led the market with 57 million users, followed by Chime with 22.3 million users as of April 2024. Ally Bank, Robinhood, and Dave each had approximately 11 million customers. SoFi trailed behind with 9.4 million users as of September 2024. Among these leading digital banks in the U.S., only Cash App was among the five leading neobanks worldwide based on customer numbers.
How high is the brand awareness of Chime in the United States?When it comes to neobanking and neobrokerage users, brand awareness of Chime is at 82% in the United States. The survey was conducted using the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.How popular is Chime in the United States?In total, 49% of U.S. neobanking and neobrokerage users say they like Chime. However, in actuality, among the 82% of U.S. respondents who know Chime, 60% of people like the brand.What is the usage share of Chime in the United States?All in all, 41% of neobanking and neobrokerage users in the United States use Chime. That means, of the 82% who know the brand, 50% use them.How loyal are the customers of Chime?Around 33% of neobanking and neobrokerage users in the United States say they are likely to use Chime again. Set in relation to the 41% usage share of the brand, this means that 80% of their customers show loyalty to the brand.What's the buzz around Chime in the United States?In March 2022, about 47% of U.S. neobanking and neobrokerage users had heard about Chime in the media, on social media, or in advertising over the past four weeks. Of the 82% who know the brand, that's 57%, meaning at the time of the survey there's considerable buzz around Chime in the United States.If you want to compare brands, do deep-dives by survey items of your choice, filter by total online population or users of a certain brand, or drill down on your very own hand-tailored target groups, our Consumer Insights Brand KPI survey has you covered.
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Wind Chime Market size was valued at USD 400 Million in 2024 and is projected to reach USD 533 Million by 2031, growing at a CAGR of 5.33% during the forecast period 2024-2031.
Global Wind Chime Market Drivers
Aesthetic Appeal and Home Decor: Wind chimes are popular decorative items that enhance the aesthetic appeal of homes, gardens, and outdoor spaces. Their visual and auditory appeal makes them a favored choice for home decor.
Cultural and Traditional Significance: In many cultures, wind chimes hold significant traditional and cultural value. They are often associated with positive energy, good luck, and warding off negative spirits, which drives their popularity.
Rising Interest in Feng Shui: The growing interest in Feng Shui, which promotes harmony and balance in living spaces, boosts the demand for wind chimes. In Feng Shui practices, wind chimes are believed to bring positive energy and improve the flow of chi.
Gift Market: Wind chimes are commonly used as gifts for various occasions such as housewarmings, weddings, and anniversaries. Their symbolic meanings and decorative appeal make them a popular gifting option.
Outdoor Living Trends: The increasing trend of outdoor living and the creation of outdoor relaxation spaces, such as patios, gardens, and balconies, drives the demand for wind chimes as part of outdoor decor.
Stress Relief and Relaxation: The soothing sounds produced by wind chimes are often associated with stress relief and relaxation, making them popular among consumers seeking to create a tranquil and peaceful environment.
E-commerce Growth: The expansion of e-commerce platforms makes it easier for consumers to access a wide variety of wind chimes, compare prices, and make purchases from the comfort of their homes, driving market growth.
Customization and Personalization: The availability of customizable and personalized wind chimes appeals to consumers looking for unique and meaningful decor items. This trend supports market growth by catering to individual preferences.
Sustainable and Eco-friendly Products: The growing awareness of environmental sustainability encourages the demand for wind chimes made from eco-friendly and recycled materials, attracting environmentally conscious consumers.
Tourism and Souvenir Market: Wind chimes are popular souvenirs in tourist destinations, contributing to market growth. Visitors often purchase wind chimes as mementos of their travels.
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According to Cognitive Market Research, the global Wind Chimes market size will be USD 315.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 19.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 126.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 94.5 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 72.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 15.7 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 6.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031.
The Bamboo type held the highest Wind Chimes market revenue share in 2024.
Market Dynamics of Wind Chimes Market
Key Drivers for Wind Chimes Market
Growing Popularity of Outdoor Living Spaces to Increase the Demand Globally
As more individuals invest in outdoor living spaces, there is a growing demand for outdoor décor items such as wind chimes. These decorative pieces enhance gardens, patios, and balconies, making outdoor areas more enjoyable. The trend towards creating aesthetically pleasing and relaxing outdoor environments drives the purchase of such items. According to a survey by the New Home Trends Institute (NHTI), 58% of respondents indicated that their design choices will increasingly be influenced by a connection to the outdoors and nature in the coming years, while 45% said that outdoor entertaining will also receive more focus.
Growing Interest in DIY and Craft Activities to Propel Market Growth
The growing popularity of DIY and crafting activities is driving consumer interest in personalized wind chimes. This enthusiasm for handmade or custom items is fueling market growth. In the United States, online sales in the hobby and crafts sector are projected to exceed $15.7 billion by 2022. Retail sales of arts and crafts in the U.S. reached a decade-high of $1.17 billion in 2020. Additionally, there are approximately 85 million active crafters in the United States and Canada, generating around $35 billion in sales. Michaels Stores, the largest retailer of art and craft supplies, operates 1,252 locations across the U.S. and Canada as of 2020. According to Americans for the Arts, nearly 49% of U.S. adults participate in art and creative activities, including painting, crafting, singing, poetry, and music. This trend towards DIY and crafting will likely drive the global wind chimes market by increasing demand for personalized and custom-made wind chimes. As more consumers engage in creative activities and seek unique, handcrafted items to enhance their living spaces, the appeal of bespoke wind chimes will grow. This interest supports market expansion by encouraging both the production and consumption of personalized wind chimes, appealing to a segment of consumers who value originality and creativity in home décor.
Restraint Factor for the Wind Chimes Market
Economic Fluctuations and High Material and Production Costs to Limit the Sales
Wind chimes are often considered non-essential or discretionary items. During economic downturns or periods of financial instability, consumers may cut back on discretionary spending, impacting the demand for decorative items like wind chimes. Changes in economic conditions can lead to price sensitivity among consumers. If the cost of wind chimes rises due to increased production costs or other factors, it could deter potential buyers. The cost of raw materials used in the production of wind chimes, such as metals, wood, or glass, can fluctuate. Increases in material costs can impact overall production expenses and, consequently, the retail prices of wind chimes. Manufacturing wind chimes involves various processes, including crafting, assembling, and quality control. Rising labor costs and production expenses can affect the profitability of wind chime manufacturers.
Impact of Covid-19 on the Wi...
CHiME-Home is a dataset for sound source recognition in a domestic environment. It uses around 6.8 hours of domestic environment audio recordings. The recordings were obtained from the CHiME projects – computational hearing in multisource environments – where recording equipment was positioned inside an English Victorian semi-detached house. The recordings were selected from 22 sessions totalling 19.5 hours, with each session made between 7:30 in the morning and 20:00 in the evening. In the considered recordings, the equipment was placed in the lounge (sitting room) near the door opening onto a hallway, with the hallway opening onto a kitchen with no door. With the lounge door typically open, prominent sounds thus may originate from sources both in the lounge and kitchen.
The choice of permitted labels was motivated by the sources present in the considered acoustic environment: Human speakers (c,m,f); human activity (p); television (v); household appliances (b). Further labels o,S,U respectively relate to any other identifiable sounds, silence, unidentifiable sounds. Labels S,U may respectively only be assigned in isolation. Annotators were acquired to assign at least one label to a chunk, thus annotators may either assign one or more labels from the set {c,m,f,v,p,b,o}, or may alternatively ‘flag’ the chunk using a single label from the set {S,U}.
In 2024, Cash App dominated the U.S. banking app landscape, with nearly 7.5 million monthly active users. This was substantially higher than its closest competitors, Robinhood and Chime, which each maintained roughly 2.5 million monthly active users.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
As of May 2021, Chime was by far the neobank with the largest number of account holders in the United States (U.S.). Current and Aspiration followed from a distance, with four and three million account holders respectively.
This dataset provides information about the number of properties, residents, and average property values for Wind Chime Court cross streets in Monroe, NC.
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Credit report of Develope Chime Enterprises Co Ltd contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
This dataset provides information about the number of properties, residents, and average property values for Wind Chime Trail cross streets in Mckinney, TX.
The COVID-19 Health Inequalities Monitoring in England (CHIME) tool brings together data relating to the direct impacts of coronavirus (COVID-19) on factors such as mortality rates, hospital admissions, confirmed cases and vaccinations.
By presenting inequality breakdowns - including by age, sex, ethnic group, level of deprivation and region - the tool provides a single point of access to:
In the March 2023 update, data has been updated for deaths, hospital admissions and vaccinations. Data on inequalities in vaccination uptake within upper tier local authorities has been added to the tool for the first time. This replaces data for lower tier local authorities, published in December 2022, allowing the reporting of a wider range of inequality breakdowns within these areas.
Updates to the CHIME tool are paused pending the results of a review of the content and presentation of data within the tool. The tool has not been updated since the 16 March 2023.
Please send any questions or comments to PHA-OHID@dhsc.gov.uk
This dataset provides information about the number of properties, residents, and average property values for Chime Place cross streets in Irving, TX.
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Credit report of Borouge Pte Ltd C O Snetor Chime contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
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Credit report of Chime Tshongkhang contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
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Credit report of Chime Spa contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
The market volume of neobanks worldwide was estimated at 4.96 trillion U.S. dollars in 2023, marking a notable increase compared to the previous year. According to Statista, the transaction value is expected to show a compound annual growth rate of 13.15 percent between 2024 and 2028, resulting in a projected total value of 10.44 trillion U.S. dollars by 2028. What is a neobank? Neobanks, also known as challenger banks or digital banks, are online-only banks without any physical branches that offer their services completely via mobile apps. Some of the largest neobanks increased their market value significantly in recent years, with the most valuable ones reaching a market value of over 20 billion U.S. dollars. These banks provide services such as lending, investments, savings accounts, and credit cards - just like any traditional bank - but completely online. Increasing customer base of neobanks A key indicator of the success of neobanks is their rapidly increasing customer base. Revolut, for instance, reached a massive milestone of 40 million customers in March 2024. In the U.S., the largest neobank in terms of the number of customers is Chime, which had over 21 million customers in 2023.
The number of users of the U.S.-based neobank, Chime, increased steadily between 2017 and 2022. Starting from less than a million users in 2017, Chime reached the miltestone of ten million users in 2020. The user base grew further the following years, reaching 14.5 million in 2022.