Global Crowdsourced Security Market By Form (Crowdsourced Bug Bounty, Gamified Crowdsourced Technologies, Sharing Intelligence, Collaborating for a Specific Cause, Crowdsourced Penetration Tests, Others), Crowd Type (Private, Public), Type (Web Application, Mobile Application, Others), Deployment Mode (Cloud, On-Premises), Organization Size (SMEs, Large Enterprises), Application (Back Office, Front Office), End Use Vertical (Telecom & IT, BFSI, Healthcare, Transport, Travel & Hospitality, Retail, Media & Entertainment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Crowdsourced Security Market
Crowdsourced security market is expected to reach USD 172.62 million by 2027 witnessing market growth at a rate of 8.95% in the forecast period of 2020 to 2027. Data Bridge Market Research report on global crowdsourced security market analyses the growth of this particular market in terms of its different segments with each segment analysed and individual insights provided in the form of an highly insightful and informative market report, which can help you detect the estimated growth rate of this market and each individual segment while identifying the target areas according to your business.
Crowdsourced security is the combination of different security based solutions and services, all of which involving inviting individuals to test a particular product for any faults, vulnerabilities or any cyber threats, if present. 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.
There has been a steady growth of upgrading and adopting the different security measures that can detect and prevent the presence of any cyber threats during the development stage of the products. This trend is expected to drive the market’s growth. Along with that, the focus of different industries on upgradation of traditional security measures is also expected to drive the growth of crowdsourced security market.
While there has been a number of factors driving the market growth such as the requirements to meet the different compliances in terms of the security of a particular product and other above-mentioned factors, there has also been the presence of a number of restrictive factors such as the lack of extent for which this method can be used. There is also the focus of utilizing preventive security services rather than implementing remedial solutions for identification of any faults in the target product.
This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions and technological innovations in the market. To gain more information on Data Bridge Market Research crowdsourced security market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Global Crowdsourced Security Market Scope and Market Size
Global crowdsourced security market is segmented on the basis of form, crowd type, type, deployment mode, organization size, application and end use vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Crowdsourced security market on the basis of form has been segmented as crowdsourced bug bounty, gamified crowdsourced technologies, sharing intelligence, collaborating for a specific cause, crowdsourced penetration tests and others.
Based on crowd type, the crowdsourced security market has been segmented as private and public.
Crowdsourced security market has been segmented into web application, mobile application and others on the basis of type.
Based on deployment mode, the crowdsourced security market has been segmented as cloud and on-premises.
On the basis of organization size, small & medium-sized enterprises (SMEs) and large enterprises are the two segments of the market.
On the basis of application, the market consists of back office and front office.
Crowdsourced security has been segmented on the basis of end use vertical into telecom & IT, banking, financial services & insurance (BFSI), healthcare, transport, travel & hospitality, retail, media & entertainment and others.
Crowdsourced Security Market Country Level Analysis
Global crowdsourced security market is analysed and market size, volume information is provided by country, form, crowd type, type, deployment mode, organisation size, application and end use vertical as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America will hold the dominant position in crowdsourced security market in terms of market share and growth rate, with the region being the most advanced and forward in terms of adopting the latest technologies available and utilizing the advanced security solutions for protecting the integrity of these technologies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Crowdsourced Security Market Share Analysis
Global crowdsourced security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to crowdsourced security market.
The major players covered in the report are Bugcrowd, HackerOne, detectify, Synack.com, Applause App Quality, Inc., Zerocopter B.V., Cobalt, Planit Testing, passbrains ag, Cigniti Technologies, Global App Testing, Rainforest, Crowdsprint, Bugwolf, Digivante among other players domestic and global. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Crowdsourced Security Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.