Venture capitalists in the United States widely expect their industry to contract while those in emerging markets, including China, India and Brazil, expect to see their industry expand over the next five years, according to the 2010 Global Venture Capital Survey by Deloitte and the National Venture Capital Association.

According to the survey results, more than 90 percent of U.S. survey respondents expect the number of venture firms to decrease between now and 2015, while a majority of venture capitalists in China, India and Brazil anticipate adding more venture firms in their country during the same time frame. Venture capitalists in Europe and Canada also expect an industry contraction in their respective countries, though to a lesser extent than in the U.S.

The 2010 Global Venture Capital survey, which measured the opinions of more than 500 venture capitalists worldwide, also examined the factors contributing to each country’s outlook. The U.S. respondents feel the industry has suffered from a weak IPO market and unfavorable tax and regulatory policies.