Categories: Market Research

Crowdsourced Testing Market Competitive Landscape 2024-2033

Overview and Scope
Crowdsourced testing is a software testing approach that involves leveraging a diverse and distributed group of external testers, often called a ‘crowd,’ to perform testing activities on a software application. Crowdsourced testing platforms facilitate the collaboration between organizations and the global testing community, enabling a more comprehensive and efficient approach to software testing.

Sizing and Forecast
The crowdsourced testing market size has grown rapidly in recent years. It will grow from $2.16 billion in 2023 to $2.38 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to requirement for adopting cost effective software development process, increasing need to fill the in-house skill gap, need for scaling quality assurance of software, need for faster software development cycles, flexibility in testing procedure.

The crowdsourced testing market size is expected to see strong growth in the next few years. It will grow to $3.46 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing internet penetration, growth of IoT, increasing number of applications and operating systems, growing number of digital devices, rising demand for digital transformation. Major trends in the forecast period include innovation of end-user testing solutions, product innovation, technological advancements, adoption of advanced technologies such as cloud computing, business expansion.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/crowdsourced-testing-global-market-report

Segmentation & Regional Insights
The crowdsourced testing market covered in this report is segmented –

1) By Component: Platform, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Type: Exploratory Testing, Graphical User Interface (GUI) Testing, Usability Testing, Functional Testing, Performance Testing, Other Testing Types
4) By Application: Mobile Applications, Web Applications, Native Desktop Applications
5) By End-User: Banking, Financial Services, And Insurance (BFSI), IT And Telecom, Retail, Healthcare And Life Sciences, Media And Entertainment, Other End-Users

North America was the largest region in the crowdsourced testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the crowdsourced testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample_request?id=14312&type=smp

Major Driver Impacting Market Growth
The increasing internet penetration is expected to propel the growth of the crowdsourced testing market going forward. The rise of remote work, online shopping, e-commerce platforms, and online learning highlighted the demand for internet connectivity. Crowdsourced testing provides valuable insights into how internet connections perform in real-world scenarios, including during peak usage times, in different geographical locations, and with various network providers. This approach involves leveraging a diverse pool of testers from other places to evaluate software under realistic conditions, including network performance testing. For instance, in November 2022, according to a report published by the International Telecommunication Union, a Switzerland-based specialized agency, around 5.3 billion individuals, representing 66% of the world’s population, were estimated to be internet users in 2022. This indicates a growth rate of 6.1% compared to 2021. Therefore, increasing internet penetration is driving the growth of the crowdsourced testing market.

Key Industry Players
Major companies operating in the crowdsourced testing market are Infosys Limited, EPAM Systems Inc., MSG Systems AG, Flatworld Solutions Pvt. Ltd., Computer Task Group Inc. (CTG), Qualitest Inc., Cigniti Technologies Ltd., Bugcrowd Inc., test IO Inc., Testbirds GmbH, Synack, Testlio Inc., ImpactQA, Global App Testing, Rainforest QA Inc., Digivante Ltd., Qualitrix Technologies Pvt. Ltd., Ubertesters Inc., MyCrowd, Crowd4Test, TestUnity, Test Yantra Software Solutions, QA Mentor Inc., Cobalt Labs Inc., Applause App Quality Inc., Crowdsprint Pty Ltd

The crowdsourced testing market report table of contents includes:

1. Executive Summary

2. Crowdsourced Testing Market Characteristics

3. Crowdsourced Testing Market Trends And Strategies

4. Crowdsourced Testing Market – Macro Economic Scenario

5. Global Crowdsourced Testing Market Size and Growth

.
.
.

32. Global Crowdsourced Testing Market Competitive Benchmarking

33. Global Crowdsourced Testing Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Crowdsourced Testing Market

35. Crowdsourced Testing Market Future Outlook and Potential Analysis

36. Appendix