1. What is the projected Compound Annual Growth Rate (CAGR) of the Crowdsourced Testing Market?
The projected CAGR is approximately 11.9%.
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Crowdsourced Testing Market by Component (Platform, Services), by Testing Type (Exploratory Testing, GUI Testing, Usability Testing, Functional Testing, Performance Testing, Others), by Organization Size (Large Enterprises, SME), by Application (Mobile Applications, Web Applications, Native Desktop Applications), by Industry Vertical (BFSI, Retail, IT & telecom, Media & Entertainment, Healthcare, Others), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia), by Asia Pacific (China, India, Japan, South Korea, ANZ), by Latin America (Brazil, Mexico), by MEA (South Africa, UAE, Saudi Arabia) Forecast 2025-2033
The size of the Crowdsourced Testing Market was valued at USD 3 Billion in 2024 and is projected to reach USD 6.59 Billion by 2033, with an expected CAGR of 11.9% during the forecast period. The Crowdsourced Testing Market aims to utilize a worldwide network of testers, typically possessing varied backgrounds and expertise, to assess software applications, websites, or platforms for bugs, usability problems, and performance defects. This method utilizes a diverse array of actual environments, devices, and user experiences to guarantee thorough and impartial testing. Crowdsourced testing services generally encompass functional testing, performance testing, usability testing, and security testing, with the goal of detecting problems early in the development cycle, enhancing overall quality, and accelerating time-to-market. The market is propelled by the rising need for superior software, particularly due to the escalating complexity of applications, the growth of mobile and web platforms, and the necessity for quick deployment in competitive settings. Crowdsourced testing grants companies access to a vast number of testers, delivering scalability, adaptability, and cost efficiency when compared to conventional in-house testing teams. With the shortening of software development cycles and the increasing demand for real-world testing, the Crowdsourced Testing Market is anticipated to expand, allowing companies to enhance the quality, functionality, and user experience of their digital products.
The crowdsourced testing market is fragmented, with numerous players competing for market share. The market is characterized by innovation, with vendors continuously developing new technologies and solutions to improve the efficiency and effectiveness of crowdsourced testing.
North America is expected to dominate the global crowdsourced testing market due to the presence of leading vendors, high demand for software development services, and early adoption of agile and DevOps methodologies. The Asia Pacific region is also anticipated to experience significant growth due to the increasing demand for software testing services from emerging economies like China and India.
In terms of application, mobile applications are expected to account for the largest share of the crowdsourced testing market. The rapid adoption of mobile devices and the growing popularity of mobile-first applications have created a need for effective and efficient testing services.
The global crowdsourced testing market is highly competitive, with leading vendors offering a range of services to meet the diverse needs of customers. The market size is expected to grow significantly over the next five years, driven by increased demand for cost-effective, high-quality testing services.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 11.9% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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The projected CAGR is approximately 11.9%.
Key companies in the market include Cigniti Technologies, Cobalt Labs Inc., Applause App Quality Inc., Global App Testing, Infosys Limited, Test IO Inc., Synack Inc., Testlio Inc..
The market segments include Component, Testing Type, Organization Size, Application, Industry Vertical.
The market size is estimated to be USD 3 Billion as of 2022.
Cost effectiveness and scalability offered by crowdsourced testing. Growing use of mobile applications. Increasing digital transformation across the globe. Rising need for scaling quality assurance of software to improve customer experience. Increasing application of IoT in various industries.
N/A
Concerns over data privacy regulations. Maintaining effective communication between remote testers.
In February 2023, Infosys acquired Applause. This move will allow Infosys to strengthen its position in the crowdsourced testing industry and offer its clients a better global reach.
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.
The market size is provided in terms of value, measured in Billion and volume, measured in K Tons.
Yes, the market keyword associated with the report is "Crowdsourced Testing Market," which aids in identifying and referencing the specific market segment covered.
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