Synack, HackerOne, and Bugcrowd are Dominating the North America Crowdsourced Pen Testing Market in 2019

North America Crowdsourced Pen Testing Market expected to grow with the CAGR of 10.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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North America crowdsourced pen testing market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in North America crowdsourced pen testing market are introducing strong range of service portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance,

  • In May 2020, Netragard had started a new training program named as Netragard Security Certification Program (“NSCP”). The purpose of the training program is to provide a Certificate of Security in which a customer must undergo a Silver, Gold, or Platinum level penetration test. This service launch helped the company to reach more number of customers.              

Synack is the dominating player in North America crowdsourced pen testing market. The other key players existing in the market includes HackerOne, Planit Testing, Bugcrowd, Applause App Quality, Inc., Qualitest,QA InfoTech, Cobalt, Netragard, and Rapid7.

North America Crowdsourced Pen Testing Market Synack

Synack is headquartered in California, U.S. and was founded in 2013. The company engaged in to revolutionize cybersecurity by combining human intelligence and artificial intelligence to create a scalable, effective security solution. The company offers wide range of solutions categories such as smartScan, discover, certify, synack365. In which smartscan, discover, certify, and synack365 are market focused category.

  • In July 2019, Synack launched crowdsourced penetration test designed specifically for government. The crowdsourced penetration test offering a bug bounty-based vulnerability discovery model coupled with NIST 800-53 guidelines. This product launch helped the company to strengthen their product portfolio.

The company has wide global presence across North America, Europe, Middle East, and Asia-Pacific.

HackerOne

HackerOne is headquartered in California, U.S. and was founded in 2012. The company is engaged in in empowering the world to build a safer internet. The company offers product in following categories such as response, bounty, pentest, hackerOne clear, and services. In which pentest is the market focused category.

  • In June 2020, HackerOne launched hacker-powered pen-testing. The major feature of HackerOne is that it can easily complement existing products which help the organizations to find and fix vulnerabilities before it gets exploited. This product launch will help to remain competitive in the market.

The company has wide global presence across North America, Europe, and Asia-Pacific.

BugCrowd

BugCrowd is headquartered in California, U.S. The company is engaged in is engaged in managing bug bounty, vulnerability disclosure, and next-gen pen test programs The company offers products in following categories such as penetration testing, bug bounty, vulnerability disclosure, attack surface management, bug bash out of which penetration testing is market focused product category. The company has presence North America, Europe, Asia-Pacific.

  • In November 2018, Bugcrowd launched Bugcrowd Next Gen Pen Test to meet the changing security needs of today’s enterprise. Next Gen Pen Test brings the best of the crowdsourced security model to take pen tests to the next level, disrupting the current pen test market with three distinct differentiators: Continuous coverage, proven pen testers, and Whitehat hackers, SDL integrations. This product launch helped the company to get a competitive advantage in the market.