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Global Crowdsourced Testing Market: By Type: Performance Testing, Functionality Testing, Usability Testing, Localization Testing, Security Testing; By Platform: Web, Mobile; By Company Size; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Crowdsourced Testing Market Outlook

The global crowdsourced testing market size is forecast to rise from USD 1.5 billion in 2020 to USD 2.3 billion by 2026, growing at a CAGR of 8.38% over the 2021-2026 forecast period.

 

Global Crowdsourced Testing Market

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Crowdsourced testing is a rising trend in software testing that takes advantage of crowdsourcing and cloud network advantages, efficacy, and performance. Therefore, crowdsource testing allows remote usability testing because the crowd can access specific target groups.

 

Properties and Applications

The crowdsourced testing market can be segmented into type, platform, company size, and application.

 

Global Crowdsourced Testing Market

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The industry can be broadly categorised on the basis of type into:

  • Performance Testing 
  • Functionality Testing 
  • Usability Testing 
  • Localization Testing 
  • Security Testing 
  • Others

Based on platform, the industry can be divided into:

  • Web
  • Mobile
  • Others

The industry can be divided on the basis of company size as:

  • Small and Medium Enterprises
  • Large Enterprises

The industry can be categorised based on application segments as:

  • Telecom and IT 
  • Banking, Financial Services, and Insurance 
  • Retail 
  • Healthcare and Life Sciences 
  • Media and Entertainment 
  • Others

The EMR report looks into the regional crowdsourced testing markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Crowdsourced Testing Market By Region

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Market Analysis

The major driving factors for the crowdsourced testing market are the increasing need for organizations to improve user experience to succeed in today's global market and create brand awareness, thus, helping companies implement methods to launch their websites and mobile apps to the public rapidly. In order to keep up with the ongoing delivery model, crowdsourced research is applied to obtain customer feedback and ensure user-specific software reliability at an incredibly fast speed.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global crowdsourced testing market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Infosys Limited 
  • Global App Testing
  • Test IO (EPAM Systems)
  • Applause App Quality, Inc. (Vista Equity Partners)
  • Synack.com
  • Testbirds
  • Planit Testing
  • Rainforest QA, Inc.
  • Cobalt Labs Inc.
  • Bugcrowd Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Platform, Company Size, Application, Region
Breakup by Type Performance Testing, Functionality Testing, Usability Testing, Localization Testing, Security Testing, Others
Breakup by Platform Web, Mobile, Others
Breakup by Company Size Small and Medium Enterprises, Large Enterprises
Breakup by Application Telecom and IT, Banking, Financial Services and Insurance, Retail, Healthcare and Life Sciences, Media and Entertainment, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Infosys Limited (NSE: INFY), Global App Testing, Test IO (EPAM Systems), Applause App Quality, Inc. (Vista Equity Partners), Synack.com, Testbirds, Planit Testing, Rainforest QA, Inc., Cobalt Labs Inc., Bugcrowd Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Crowdsourced Testing Market Analysis
    6.1    Global Crowdsourced Testing Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Crowdsourced Testing Market Breakup by Type
        6.2.1    Performance Testing 
        6.2.2    Functionality Testing 
        6.2.3    Usability Testing 
        6.2.4    Localization Testing 
        6.2.5    Security Testing 
        6.2.6    Others
    6.3    Global Crowdsourced Testing Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Performance Testing 
        6.3.2    Functionality Testing 
        6.3.3    Usability Testing 
        6.3.4    Localization Testing 
        6.3.5    Security Testing 
        6.3.6    Others
    6.4    Global Crowdsourced Testing Market Breakup by Platform
        6.4.1    Web 
        6.4.2    Mobile 
        6.4.3    Others
    6.5    Global Crowdsourced Testing Market Breakup by Platform: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Web 
        6.5.2    Mobile 
        6.5.3    Others
    6.6    Global Crowdsourced Testing Market Breakup by Company Size
        6.6.1    Small and Medium Enterprises
        6.6.2    Large Enterprises
    6.7    Global Crowdsourced Testing Market Breakup by Company Size: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Small and Medium Enterprises
        6.7.2    Large Enterprises
    6.8    Global Crowdsourced Testing Market Breakup by Application
        6.8.1    Telecom and IT 
        6.8.2    Banking, Financial Services and Insurance 
        6.8.3    Retail 
        6.8.4    Healthcare and Life Sciences 
        6.8.5    Media and Entertainment 
        6.8.6    Others
    6.9    Global Crowdsourced Testing Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    Telecom and IT 
        6.9.2    Banking, Financial Services and Insurance 
        6.9.3    Retail 
        6.9.4    Healthcare and Life Sciences 
        6.9.5    Media and Entertainment 
        6.9.6    Others
    6.10    Global Crowdsourced Testing Market Breakup by Region
        6.10.1    North America
            6.10.1.1    United States of America
            6.10.1.2    Canada
        6.10.2    Europe
            6.10.2.1    Germany
            6.10.2.2    United Kingdom
            6.10.2.3    France
            6.10.2.4    Italy
            6.10.2.5    Others
        6.10.3    Asia Pacific
            6.10.3.1    China
            6.10.3.2    Japan
            6.10.3.3    India
            6.10.3.4    ASEAN
            6.10.3.5    Others
        6.10.4    Latin America
            6.10.4.1    Brazil
            6.10.4.2    Argentina
            6.10.4.3    Mexico
            6.10.4.4    Others
        6.10.5    Middle East & Africa
            6.10.5.1    Saudi Arabia
            6.10.5.2    United Arab Emirates
            6.10.5.3    Nigeria
            6.10.5.4    South Africa
            6.10.5.5    Others
    6.11    Global Crowdsourced Testing Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026) 
        6.11.1    North America
            6.11.1.1    United States of America
            6.11.1.2    Canada
        6.11.2    Europe
            6.11.2.1    Germany
            6.11.2.2    United Kingdom
            6.11.2.3    France
            6.11.2.4    Italy
            6.11.2.5    Others
        6.11.3    Asia Pacific
            6.11.3.1    China
            6.11.3.2    Japan
            6.11.3.3    India
            6.11.3.4    ASEAN
            6.11.3.5    Others
        6.11.4    Latin America
            6.11.4.1    Brazil
            6.11.4.2    Argentina
            6.11.4.3    Mexico
            6.11.4.4    Others
        6.11.5    Middle East & Africa
            6.11.5.1    Saudi Arabia
            6.11.5.2    United Arab Emirates
            6.11.5.3    Nigeria
            6.11.5.4    South Africa
            6.11.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Infosys Limited (NSE: INFY)
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Global App Testing 
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Test IO (EPAM Systems)
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Applause App Quality, Inc. (Vista Equity Partners)
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Synack.com
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Testbirds 
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Planit Testing
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Rainforest QA, Inc. 
        9.8.1    Company Overview
        9.8.2    Financial Analysis
    9.9    Cobalt Labs Inc.
        9.9.1    Company Overview
        9.9.2    Financial Analysis
    9.10    Bugcrowd Inc. 
        9.10.1    Company Overview
        9.10.2    Financial Analysis
    9.11    Others
10    Industry Events and Development

Key Questions Answered in the Report

In 2020, the global crowdsourced testing market attained a value of nearly USD 1.5 billion.

The market is projected to grow at a CAGR of 8.38% between 2021 and 2026.

The market is estimated to grow in the forecast period of 2021-2026 to reach about USD 2.3 billion by 2026.

The major drivers of the industry, such as the growing adoption of cloud-based technology, need for organisations to enhance user experience, and the increasing penetration of smartphones and internet, are expected to aid the market growth.

The growing technological advancements is the key market trend guiding the growth of the crowdsourced testing market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Performance, functionality, usability, localization, and security testing, among others. are the leading crowdsourced testing types in the industry.

Web and mobile, among others, are the major platforms in the market.

The significant segments based on company size in the industry include small and medium enterprises and large enterprises.

The major applications of the product include telecom and IT, banking, financial services and insurance, retail, healthcare and life sciences, and media and entertainment, among others.

The major players in the industry are Infosys Limited, Global App Testing, Test IO (EPAM Systems), Applause App Quality, Inc. (Vista Equity Partners), Synack.com, Testbirds, Planit Testing, Rainforest QA, Inc., Cobalt Labs Inc., and Bugcrowd Inc., among others.

Analyst Review

The global crowdsourced testing market attained a value of USD 1.5 billion in 2020, driven by the rising adoption of cloud-based technology. Aided by the rapid advancement of technology, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 8.38%. The market is projected to reach USD 2.3 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the industry can be segmented into performance, functionality, usability, localisation, and security testing, among others. On the basis of platforms, the industry is segmented into web and mobile, among others. Based on company size, the industry is bifurcated into small and medium enterprises and large enterprises. By application, the market is divided into telecom and IT, banking, financial services and insurance, retail, healthcare and life sciences, and media and entertainment, among others. The major regional markets for crowdsourced testing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Infosys Limited, Global App Testing, Test IO (EPAM Systems), Applause App Quality, Inc. (Vista Equity Partners), Synack.com, Testbirds, Planit Testing, Rainforest QA, Inc., Cobalt Labs Inc., Bugcrowd Inc., and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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