Crowdsourced Testing Market Size - By Component (Platform, Services), By Testing Type (Exploratory Testing, GUI Testing, Usability Testing, Functional Testing, Performance Testing), Enterprise Size, Application, Industry Vertical & Global Forecast, 2023 -

Crowdsourced Testing Market Size - By Component (Platform, Services), By Testing Type (Exploratory Testing, GUI Testing, Usability Testing, Functional Testing, Performance Testing), Enterprise Size, Application, Industry Vertical & Global Forecast, 2023 - 2032

Crowdsourced testing market size is expected to observe 11.6% CAGR from 2023 to 2032. The enterprises worldwide are recognizing the benefits of crowdsourced testing, such as cost-efficiency, rapid testing cycles, and access to a diverse pool of skilled testers. Recently, Bugcrowd Inc. launched a Bugcrowd Classic Pen Test based on the crowdsourcing platform bug bounty. The service enables enterprises to test their cybersecurity posture in an efficient and more cost-effective manner.

As the digital landscape continues to evolve, the need for quick and reliable software testing solutions is paramount. Additionally, the COVID-19 pandemic has accelerated the shift toward digital transformation, pushing more businesses to rely on crowdsourced testing services to maintain a competitive edge.

The global crowdsourced testing market is divided based on component, testing type, enterprise size, application, industry vertical, and region.

Small and Medium Enterprises (SMEs) segment is predicted to record 12.4% CAGR from 2023 to 2032, owing to the focus among these organizations to enhance the quality of their software products. With limited resources and manpower, SMEs often struggle to maintain an in-house testing team. Crowdsourced testing offers an affordable and scalable solution, enabling them to compete with larger enterprises in the digital arena. As the SME sector grows, the crowdsourced testing market is set to witness significant expansion, with tailor-made services that cater to their specific needs.

Exploratory testing segment is expected to witness substantial growth through 2032 as this testing relies on the tester's creativity and intuition to discover hidden defects, unlike traditional testing. It is particularly effective in identifying elusive and complex bugs that automated testing might miss. Organizations are integrating exploratory testing into their quality assurance strategies to improve their product's user experience and reliability. This approach is at the forefront of innovation in software testing.

Asia Pacific crowdsourced testing industry size is anticipated to observe 13.6% CAGR from 2023 to 2032. As businesses in this region continue to expand, the need for rigorous testing of software applications grows exponentially. Crowdsourced testing services provide an ideal solution, offering both cost-effectiveness and access to a global pool of skilled testers. Additionally, the region's strong tech-driven economies, including India and China, are playing a pivotal role in the market growth.