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Crowdsourced Security Market

Crowdsourced Security Market Forecasts to 2028 – Global Analysis By Type (Web Application, Mobile Application, Internet of Things (IoT)), Wireless), Application (Back Office, Front Office), and By Geography

4.8 (67 reviews)
Published: November 2021 ID: SMRC21110
4.8 (67 reviews)
Published: November 2021 ID: SMRC21110

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Crowdsourced Security Market is accounted for $93.90 million in 2020 and is expected to reach $194.08 million by 2028 growing at a CAGR of 9.5% during the forecast period. Increase in the cyber-attacks, privacy & data protection and rising threats from hackers are the major factors propelling the market growth. However, huge cost of development is hampering the market growth.

Crowdsourcing is defined as the aggregation of many human resources (workers) for the purpose of achieving a common goal. It has been widely popular around the globe. Indeed, security specialists have regularly incorporated it and the outcomes were genuinely productive. A number of different security tools all of which are based on testing the effectiveness of security measures in place in the target products by outside individuals and developers that comes under the broad term of crowdsourced security.            

Based on type, the mobile application segment is estimated to have a lucrative growth due to the mobile application segment is expected to grow at the highest growth rate during the forecast period. The adoption rate of mobile applications is rapidly increasing as a large number of enterprises have started serving their customers through mobile applications. The growth of Android and IOS development of applications has led to vast amount of organizations opting for security assessment solutions such as the new and innovative approaches like crowdsourced security.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising adoption of evolving technologies, such as cloud computing, along with the acceptance of online services, create huge possibility for cyber-attackers from around the world to cause damage to systems. The existence of growing countries, such as India and China are rapidly implementing latest technologies due to the increasing internet saturation and improving customer demand. Adoption of new techniques to safeguard the systems and applications is responsible for the growth of the crowdsourced security market in the region.

Some of the key players profiled in the Crowdsourced Security Market include Applause, Bugcrowd Inc, Cobalt, Crowdsprint, Global App Testing, HackerOne, Inc, Planit Test Management Solutions Pty Ltd, Rainforest, Synack, Inc, Testlio Inc, and Zerocopter B.V.

Crowd Types Covered:
• Private Crowds  
• Public Crowds  

Forms Covered:
• Crowdsourced Bug Bounty 
• Gamified Crowdsourcing Technologies
• Sharing Intelligence  
• Collaborating for a Specific Cause
• Crowdsourced Penetration Tests

Types Covered:
• Web Application
• Mobile Application
• Internet of Things (IoT)
• Wireless
• Network

Deployment Modes Covered:
• Cloud
• On-Premise

Organization Sizes Covered:
• Large Enterprises
• Small and Medium-sized Enterprises

Applications Covered:
• Back Office  
• Front Office  

End Users Covered:
• Government  
• Defense   
• Banking, Financial Services and Insurance (BFSI)
• Telecom & IT
• Travel & Hospitality
• Healthcare   
• E-Commerce  
• Education   
• Retail   
• Media & Entertainment
• Aerospace

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary       
         
2 Preface        

 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      

 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Application Analysis     
 3.7 End User Analysis      
 3.8 Emerging Markets            
 3.9 Impact of Covid-19      
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Crowdsourced Security Market, By Crowd Type   
 5.1 Introduction      
 5.2 Private Crowds         
 5.3 Public Crowds         
         
6 Global Crowdsourced Security Market, By Form    
 6.1 Introduction      
 6.2 Crowdsourced Bug Bounty       
 6.3 Gamified Crowdsourcing Technologies    
 6.4 Sharing Intelligence        
 6.5 Collaborating for a Specific Cause    
 6.6 Crowdsourced Penetration Tests    
         
7 Global Crowdsourced Security Market, By Type    
 7.1 Introduction      
 7.2 Web Application      
 7.3 Mobile Application      
 7.4 Internet of Things (IoT)     
 7.5 Wireless       
 7.6 Network       
         
8 Global Crowdsourced Security Market, By Deployment Mode   
 8.1 Introduction      
 8.2 Cloud       
 8.3 On-Premise      
         
9 Global Crowdsourced Security Market, By Organization Size   
 9.1 Introduction      
 9.2 Large Enterprises      
 9.3 Small and Medium-sized Enterprises    
         
10 Global Crowdsourced Security Market, By Application   

 10.1 Introduction      
 10.2 Back Office         
  10.2.1 Operations       
  10.2.2 Accounting       
  10.2.3 Technology       
 10.3 Front Office         
  10.3.1 Product Research       
  10.3.2 Marketing        
  10.3.3 Sales         
         
11 Global Crowdsourced Security Market, By End User    

 11.1 Introduction      
 11.2 Government         
 11.3 Defense          
 11.4 Banking, Financial Services and Insurance (BFSI)   
 11.5 Telecom & IT      
 11.6 Travel & Hospitality      
 11.7 Healthcare          
 11.7 E-Commerce         
 11.8 Education          
 11.9 Retail           
 11.10 Media & Entertainment     
 11.11 Aerospace      
         
12 Global Crowdsourced Security Market, By Geography   
 12.1 Introduction      
 12.2 North America      
  12.2.1 US      
  12.2.2 Canada      
  12.2.3 Mexico      
 12.3 Europe       
  12.3.1 Germany      
  12.3.2 UK      
  12.3.3 Italy      
  12.3.4 France      
  12.3.5 Spain      
  12.3.6 Rest of Europe     
 12.4 Asia Pacific      
  12.4.1 Japan      
  12.4.2 China      
  12.4.3 India      
  12.4.4 Australia      
  12.4.5 New Zealand      
  12.4.6 South Korea     
  12.4.7 Rest of Asia Pacific     
 12.5 South America      
  12.5.1 Argentina     
  12.5.2 Brazil      
  12.5.3 Chile      
  12.5.4 Rest of South America    
 12.6 Middle East & Africa     
  12.6.1 Saudi Arabia      
  12.6.2 UAE      
  12.6.3 Qatar      
  12.6.4 South Africa     
  12.6.5 Rest of Middle East & Africa    
         
13 Key Developments       
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 13.2 Acquisitions & Mergers      
 13.3 New Product Launch     
 13.4 Expansions      
 13.5 Other Key Strategies     
         
14 Company Profiling       
 14.1 Applause       
 14.2 Bugcrowd Inc.          
 14.3 Cobalt       
 14.4 Crowdsprint         
 14.5 Global App Testing        
 14.6 HackerOne, Inc.         
 14.7 Planit Test Management Solutions Pty Ltd   
 14.7 Rainforest         
 14.8 Synack, Inc.         
 14.9 Testlio Inc      
 14.10 Zerocopter B.V      


List of Tables        
1 Global Crowdsourced Security Market Outlook, By Region (2018-2027) ($MN) 
2 Global Crowdsourced Security Market Outlook, By Crowd Type (2018-2027) ($MN) 
3 Global Crowdsourced Security Market Outlook, By Private Crowds (2018-2027) ($MN)
4 Global Crowdsourced Security Market Outlook, By Public Crowds (2018-2027) ($MN)
5 Global Crowdsourced Security Market Outlook, By Form (2018-2027) ($MN) 
6 Global Crowdsourced Security Market Outlook, By Crowdsourced Bug Bounty (2018-2027) ($MN)
7 Global Crowdsourced Security Market Outlook, By Gamified Crowdsourcing Technologies (2018-2027) ($MN)
7 Global Crowdsourced Security Market Outlook, By Sharing Intelligence (2018-2027) ($MN)
8 Global Crowdsourced Security Market Outlook, By Collaborating for a Specific Cause (2018-2027) ($MN)
9 Global Crowdsourced Security Market Outlook, By Crowdsourced Penetration Tests (2018-2027) ($MN)
10 Global Crowdsourced Security Market Outlook, By Type (2018-2027) ($MN) 
11 Global Crowdsourced Security Market Outlook, By Web Application (2018-2027) ($MN)
12 Global Crowdsourced Security Market Outlook, By Mobile Application (2018-2027) ($MN)
13 Global Crowdsourced Security Market Outlook, By Internet of Things (IoT) (2018-2027) ($MN)
14 Global Crowdsourced Security Market Outlook, By Wireless (2018-2027) ($MN) 
15 Global Crowdsourced Security Market Outlook, By Network (2018-2027) ($MN) 
16 Global Crowdsourced Security Market Outlook, By Deployment Mode (2018-2027) ($MN)
17 Global Crowdsourced Security Market Outlook, By Cloud (2018-2027) ($MN) 
18 Global Crowdsourced Security Market Outlook, By On-Premise (2018-2027) ($MN) 
19 Global Crowdsourced Security Market Outlook, By Organization Size (2018-2027) ($MN)
20 Global Crowdsourced Security Market Outlook, By Large Enterprises (2018-2027) ($MN)
21 Global Crowdsourced Security Market Outlook, By Small and Medium-sized Enterprises (2018-2027) ($MN)
22 Global Crowdsourced Security Market Outlook, By Application (2018-2027) ($MN) 
23 Global Crowdsourced Security Market Outlook, By Back Office (2018-2027) ($MN) 
24 Global Crowdsourced Security Market Outlook, By Operations (2018-2027) ($MN) 
25 Global Crowdsourced Security Market Outlook, By Accounting (2018-2027) ($MN) 
26 Global Crowdsourced Security Market Outlook, By Technology (2018-2027) ($MN) 
27 Global Crowdsourced Security Market Outlook, By Front Office (2018-2027) ($MN) 
28 Global Crowdsourced Security Market Outlook, By Product Research (2018-2027) ($MN)
29 Global Crowdsourced Security Market Outlook, By Marketing (2018-2027) ($MN) 
30 Global Crowdsourced Security Market Outlook, By Sales (2018-2027) ($MN) 
31 Global Crowdsourced Security Market Outlook, By End User (2018-2027) ($MN) 
32 Global Crowdsourced Security Market Outlook, By Government (2018-2027) ($MN) 
33 Global Crowdsourced Security Market Outlook, By Defense (2018-2027) ($MN) 
34 Global Crowdsourced Security Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2018-2027) ($MN)
35 Global Crowdsourced Security Market Outlook, By Telecom & IT (2018-2027) ($MN) 
36 Global Crowdsourced Security Market Outlook, By Travel & Hospitality (2018-2027) ($MN)
37 Global Crowdsourced Security Market Outlook, By Healthcare (2018-2027) ($MN) 
38 Global Crowdsourced Security Market Outlook, By E-Commerce (2018-2027) ($MN) 
39 Global Crowdsourced Security Market Outlook, By Education (2018-2027) ($MN) 
40 Global Crowdsourced Security Market Outlook, By Retail (2018-2027) ($MN) 
41 Global Crowdsourced Security Market Outlook, By Media & Entertainment (2018-2027) ($MN)
42 Global Crowdsourced Security Market Outlook, By Aerospace (2018-2027) ($MN) 
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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