Global Crowdsourced Security Market Size study & Forecast, by Type (Web Application, Mobile Application, Others ((IoT, Wireless, and Network))), by Deployment Mode (Cloud, On-Premises) by Organization Size (Large Enterprises, Small and Medium-sized Enterp

Global Crowdsourced Security Market Size study & Forecast, by Type (Web Application, Mobile Application, Others ((IoT, Wireless, and Network))), by Deployment Mode (Cloud, On-Premises) by Organization Size (Large Enterprises, Small and Medium-sized Enterprises), by End Use Industry (Telecom & IT, BFSI, Healthcare, Travel & Hospitality, Retail, Media & Entertainment, Others (Government, and Education) and Regional Analysis, 2022-2029

Global Crowdsourced Security Market is valued at approximately USD 105.76 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.4% over the forecast period 2022-2029. Crowdsourced Security is a security testing system that invites a group of people to check an asset for security vulnerabilities. Moreover, business organizations use crowdsourcing for auditing the safety and security of their applications and infrastructure. Bug bounties, vulnerability disclosure programs and responsible disclosure programs are part of Crowdsourced Security. The increasing growth of IoT technologies and stringent regulatory compliance requirements as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing growth of the Internet of Things technologies is contributing to the growth of the Global Crowdsourced Security Market. For instance, according to Statista – in 2020, around USD 749 billion were spent on the Internet of Things (IoT) technology worldwide, and this amount is projected to grow to USD 1.1 trillion by 2023. Also, increasing incidences of data breaches across businesses and growing adoption of cloud applications & services would create a lucrative growth prospectus for the market over the forecast period. For instance, as per Statista – in 2020, the average cost of a data breach in the United States was estimated at USD 8.64 million, further, the average cost has been increased to USD 9.44 million in 2022. In addition, the global average cost per data breach stands at USD 4.35 million. Furthermore, as per UK Government’s Cyber Security Breaches Survey 2022 – in 2019, around 32% of all UK businesses reported cyber-attacks, which further increased to 39% in 2022. Around 83% of attacks in 2022 were identified as phishing attempts. However, the challenges associated with ensuring and Maintaining Crowd Quality stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Crowdsourced Security Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing adoption of crowdsourcing security and the presence of leading market players coupled with stringent regulatory compliances in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising digitization across the industries and increasing incidences of cyber-attacks and data breaches in the region.

Major market player included in this report are:
Applause (US)
Bugcrowd Inc. (US)
Cobalt Labs Inc. (US)
Detectify (Sweden)
HackerOne (US)
passbrains (Germany)
Planit (US)
Rainforest (US)
Synack (US) Inc.
Zerocopter (Netherlands) Inc.

Recent Developments in the Market:
 In February 2022,


Global Crowdsourced Security Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Deployment Mode, Organization Size, End Use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:

By Type
Web Application
Mobile Application
Others (IoT, Wireless, and Network)
By Deployment Mode
Cloud
On-Premises
By Organization Size
Large Enterprises
Small and Medium-sized Enterprises
By End Use Industry
Telecom & IT
BFSI
Healthcare
Travel & Hospitality
Retail
Media & Entertainment
Others (Government, and Education)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Applause (US)
Bugcrowd Inc. (US)
Cobalt Labs Inc. (US)
Detectify (Sweden)
HackerOne (US)
passbrains (Germany)
Planit (US)
Rainforest (US)
Synack (US) Inc.
Zerocopter (Netherlands) Inc

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Crowdsourced Security Market, by Region, 2019-2029 (USD Million)
1.2.2. Crowdsourced Security Market, by Type, 2019-2029 (USD Million)
1.2.3. Crowdsourced Security Market, by Deployment Mode, 2019-2029 (USD Million)
1.2.4. Crowdsourced Security Market, by Organization Size, 2019-2029 (USD Million)
1.2.5. Crowdsourced Security Market, by End Use Industry, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Crowdsourced Security Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Crowdsourced Security Market Dynamics
3.1. Crowdsourced Security Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing growth of IoT technologies
3.1.1.2. Stringent regulatory compliance requirements
3.1.1.3. Strategic initiatives from leading market players
3.1.2. Market Challenges
3.1.2.1. Challenges associated with ensuring and Maintaining Crowd Quality
3.1.3. Market Opportunities
3.1.3.1. Increasing incidences of data breaches across the businesses
3.1.3.2. Growing adoption of cloud applications & services
Chapter 4. Global Crowdsourced Security Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Crowdsourced Security Market, by Type
6.1. Market Snapshot
6.2. Global Crowdsourced Security Market by Type, Performance - Potential Analysis
6.3. Global Crowdsourced Security Market Estimates & Forecasts by Type 2019-2029 (USD Million)
6.4. Crowdsourced Security Market, Sub Segment Analysis
6.4.1. Web Application
6.4.2. Mobile Application
6.4.3. Others (IoT, Wireless, and Network)
Chapter 7. Global Crowdsourced Security Market, by Deployment Mode
7.1. Market Snapshot
7.2. Global Crowdsourced Security Market by Deployment Mode, Performance - Potential Analysis
7.3. Global Crowdsourced Security Market Estimates & Forecasts by Deployment Mode 2019-2029 (USD Million)
7.4. Crowdsourced Security Market, Sub Segment Analysis
7.4.1. Cloud
7.4.2. On-Premises
Chapter 8. Global Crowdsourced Security Market, by Organization Size
8.1. Market Snapshot
8.2. Global Crowdsourced Security Market by Organization Size, Performance - Potential Analysis
8.3. Global Crowdsourced Security Market Estimates & Forecasts by Organization Size 2019-2029 (USD Million)
8.4. Crowdsourced Security Market, Sub Segment Analysis
8.4.1. Large Enterprises
8.4.2. Small and Medium Enterprises
Chapter 9. Global Crowdsourced Security Market, by End Use Industry
9.1. Market Snapshot
9.2. Global Crowdsourced Security Market by End Use Industry, Performance - Potential Analysis
9.3. Global Crowdsourced Security Market Estimates & Forecasts by End Use Industry 2019-2029 (USD Million)
9.4. Crowdsourced Security Market, Sub Segment Analysis
9.4.1. Telecom & IT
9.4.2. BFSI
9.4.3. Healthcare
9.4.4. Travel & Hospitality
9.4.5. Retail
9.4.6. Media & Entertainment
9.4.7. Others (Government, and Education)
Chapter 10. Global Crowdsourced Security Market, Regional Analysis
10.1. Crowdsourced Security Market, Regional Market Snapshot
10.2. North America Crowdsourced Security Market
10.2.1. U.S. Crowdsourced Security Market
10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
10.2.1.2. Deployment Mode breakdown estimates & forecasts, 2019-2029
10.2.1.3. Organization Size breakdown estimates & forecasts, 2019-2029
10.2.1.4. End Use Industry breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Crowdsourced Security Market
10.3. Europe Crowdsourced Security Market Snapshot
10.3.1. U.K. Crowdsourced Security Market
10.3.2. Germany Crowdsourced Security Market
10.3.3. France Crowdsourced Security Market
10.3.4. Spain Crowdsourced Security Market
10.3.5. Italy Crowdsourced Security Market
10.3.6. Rest of Europe Crowdsourced Security Market
10.4. Asia-Pacific Crowdsourced Security Market Snapshot
10.4.1. China Crowdsourced Security Market
10.4.2. India Crowdsourced Security Market
10.4.3. Japan Crowdsourced Security Market
10.4.4. Australia Crowdsourced Security Market
10.4.5. South Korea Crowdsourced Security Market
10.4.6. Rest of Asia Pacific Crowdsourced Security Market
10.5. Latin America Crowdsourced Security Market Snapshot
10.5.1. Brazil Crowdsourced Security Market
10.5.2. Mexico Crowdsourced Security Market
10.5.3. Rest of Latin America Crowdsourced Security Market
10.6. Rest of The World Crowdsourced Security Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Applause (US)
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Bugcrowd Inc. (US)
11.2.3. Cobalt Labs Inc. (US)
11.2.4. Detectify (Sweden)
11.2.5. HackerOne (US)
11.2.6. passbrains (Germany)
11.2.7. Planit (US)
11.2.8. Rainforest (US)
11.2.9. Synack (US) Inc
11.2.10. Zerocopter (Netherlands) Inc
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
List of Tables
TABLE 1. Global Crowdsourced Security Market, report scope
TABLE 2. Global Crowdsourced Security Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Crowdsourced Security Market estimates & forecasts by Type 2019-2029 (USD Million)
TABLE 4. Global Crowdsourced Security Market estimates & forecasts by Deployment Mode 2019-2029 (USD Million)
TABLE 5. Global Crowdsourced Security Market estimates & forecasts by Organization Size 2019-2029 (USD Million)
TABLE 6. Global Crowdsourced Security Market estimates & forecasts by End Use Industry 2019-2029 (USD Million)
TABLE 7. Global Crowdsourced Security Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Crowdsourced Security Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Crowdsourced Security Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Crowdsourced Security Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Crowdsourced Security Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Crowdsourced Security Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Crowdsourced Security Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Crowdsourced Security Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Crowdsourced Security Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Crowdsourced Security Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. U.S. Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 21. Canada Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. Canada Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 24. UK Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. UK Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 27. Germany Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. Germany Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 30. France Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. France Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 33. Italy Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Italy Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 36. Spain Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. Spain Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 39. RoE Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. RoE Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 42. China Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. China Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 45. India Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. India Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 48. Japan Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. Japan Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 51. South Korea Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. South Korea Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 54. Australia Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. Australia Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 57. RoAPAC Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. RoAPAC Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 60. Brazil Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Brazil Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 63. Mexico Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. Mexico Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 66. RoLA Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. RoLA Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Crowdsourced Security Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 69. Row Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. Row Crowdsourced Security Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Crowdsourced Security Market
TABLE 72. List of primary sources, used in the study of global Crowdsourced Security Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIG 1. Global Crowdsourced Security Market, research methodology
FIG 2. Global Crowdsourced Security Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Crowdsourced Security Market, key trends 2021
FIG 5. Global Crowdsourced Security Market, growth prospects 2022-2029
FIG 6. Global Crowdsourced Security Market, porters 5 force model
FIG 7. Global Crowdsourced Security Market, pest analysis
FIG 8. Global Crowdsourced Security Market, value chain analysis
FIG 9. Global Crowdsourced Security Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Crowdsourced Security Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Crowdsourced Security Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Crowdsourced Security Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Crowdsourced Security Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Crowdsourced Security Market, regional snapshot 2019 & 2029
FIG 15. North America Crowdsourced Security Market 2019 & 2029 (USD Million)
FIG 16. Europe Crowdsourced Security Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Crowdsourced Security Market 2019 & 2029 (USD Million)
FIG 18. Latin America Crowdsourced Security Market 2019 & 2029 (USD Million)
FIG 19. Global Crowdsourced Security Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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