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Crowdsourced Security Market

Market Insights on Crowdsourced Security covering sales outlook, demand forecast & up-to-date key trends

Crowdsourced Security Market By Type (Web Application, Mobile Application), Deployment Type (Cloud, On-Premise), Organization Size (SMEs, Larger Enterprises), Vertical (Telecom & IT, BFSI, Healthcare, Travel & Hospitality, Retail, Media & Entertainment) & Region - Forecast 2022 - 2032

Crowdsourced Security Market Outlook (2022-2032)

[310 Pages Report] The global crowdsourced security market is estimated at US$ 106 Million in 2021. Owing to rapid technological adoption, the demand is projected to spike, garnering US$ 115 Million in 2022 and US$ 243 Million in 2032. The predicted growth rate is 7.8% from 2022 to 2032.

“Rising security demands with digital transformation in enterprises, surging the need to modernize conventional security methods, and the increasing demand to meet compliance requirements.”

Attributes

Details

Crowdsourced Security Market CAGR (2022-2032)

7.8%

Crowdsourced Security Market (2032)

USD 243 Mn

Crowdsourced Security Market Attraction

Growing security demands with digital transformation In organizations to expand the market growth in the forecast period.

What are the Principal Factors Boosting the Global Crowdsourced Security Market?

Adoption of Various Security Measures to Augment the Market Size

The development and adoption of various security measures are projected to be the most significant factor driving the market in the forecast period. The growing demand to upgrade conventional security testing methodologies is likely to propel the market in the coming time. Increasing security demands with the digitization of services are predicted to drive the industry’s expansion.

Crowdsourced Security Market Report Brochure

From the national security front, global crowdsourcing has been the priority. For instance, U.S Defense Advanced Research Projects Agency (DARPA) integrated crowdsourcing in some of its principal spheres. Such initiatives are expected to drive the market in the forecast period.

Crowdsourced security programs are gaining traction across enterprises since various organizations opt for crowdsourced security programs to audit the security of their application and infrastructure.

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What are the emerging opportunities in Crowdsourced Security Market?

The rapid digital transformation occurring globally has transformed the functioning of organizations. As per an analysis conducted by SAP, through 2019, there has been over a 9% rise in revenue owing to Digital Transformation deployment for the enterprises.

Therefore, with the rapid adoption of technology at enterprise levels, and the growing number of applications and data moving quickly into digital reality, hackers have found more opportunities to create more potential entry points.

This has resulted in organizations demanding strict applications and obtaining systems through crowdsourcing platforms, thereby, offering significant opportunities to the market in the future.

What are the Prevailing Challenges in the Global Crowdsourced Security Market?

The most significant factor hampering the expansion of the global crowdsourced security market is associated with confidential insecurities. The growing cases of cyber-attack and data security are likely to hinder the growth.

Moreover, lack of extent restrains also affects the market growth. Also, the cost of crowdsourced security and the dearth of expertise and technical knowledge are other salient causes impeding market growth.

In addition, test coverage could be more challenging to guarantee and can demand efficient managerial management to assure bug identification. This, along with the exploratory nature of crowdsourcing, means that it could be difficult to assure that the product has been tested thoroughly enough to assure usability.

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Comparative View of Adjacent Crowdsourced Security Market

Crowdsourced Security Market:

Attributes

Crowdsourced Security Market

CAGR (2022-2032)

7.8%

Market Value (2032)

US$ 243 Million

Growth Factor

Growing security demands with digital transformation In organizations to expand the market growth.

Opportunity

Growth of Android and IOS development of applications is expected to offer significant opportunities to the market.

Artificial Intelligence in Security Market:

Attributes

Artificial Intelligence in Security Market

CAGR (2022-2032)

15%

Market Value (2032)

US$ 20 Billion

Growth Factor

The increasing number of connected devices and the growing vulnerability of Wi-Fi networks are expected to drive the market.

Opportunity

Rising demand for cloud-based security solutions among SMEs and growing usage of social media for business functions to offer various opportunities

Blockchain in Security Market:

Attributes

Blockchain in Security Market

CAGR (2022-2032)

47%

Market Value (2032)

US$ 225 Billion

Growth Factor

Increasing identity and data theft is expected to drive the market in the assessment period

Opportunity

Lack of awareness and risks associated with data protection is likely to hinder the market growth

In the crowdsourced security model, ethical hackers across the globe will test the application and report any bug in return for recognition, or a cash reward per bug. The growing demand from the automotive industry for electronic control units owing to the growing application of the connected device, propelling SDLC integration, and surged intrusion detection demand will augment the crowdsourced security sector.

What is the Segmentation Analysis of the Global Crowdsourced Security Market?

Based on type, the global crowdsourced security market can be segmented into mobile applications, web applications, and others.

Based on deployment type, the global crowdsourced security market can be segmented into cloud and on-premise.

Based on organization size, the global crowdsourced security market can be segmented into SMEs and large enterprises.

Based on vertical, the global crowdsourced security market can be segmented into telecom & IT, BFSI, healthcare, travel & hospitality, retail, media & entertainment, and others.

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What is the Participation of Segments in Propelling the Global Crowdsourced Security Market?

As per the analysis, by type, the mobile application segment is likely to exhibit a growth rate of 7.8% from 2022 to 2032. Expansion of the segment can be credited to a rapid rise in the number of enterprises. The growth of Android and IOS development of the application has resulted in a huge number of organizations adopting security assessment solutions like innovative approaches like crowdsourced security.

By organization size, the segment is predicted to exhibit a 7.6% CAGR in the assessment period. The large enterprises are likely to occupy larger space in the market during the forecast period. The expansion can be attributed to the presence of resources, a capable decision-making board, and a good budget.

What is the Regional Analysis of the Global Crowdsourced Security Market?

The global crowdsourced security market is anticipated to be dominated by North America. The region is expected to propel in the forecast period owing to the early adoption of modern technologies, like the cloud, assisting crowdsourced security providers to deploy competent crowdsourced security methods. The U.S is anticipated to garner US$ 84.6 Million while exhibiting a CAGR of 7.6% in the forecast period.

Players in the region take various initiatives to expand their reach in the global market. For instance, NordVPN, a personal virtual private network service provider, launched a bug bounty program on HackerOne. It is a part of an initiative to modernize the VPN providers’ security posture.

Europe is projected to make significant contribution to evolving the regional market. The analysis reveals that the U.K is expected to garner US$ 10.5 Million, exhibiting a CAGR of 6.9% during the forecast period.

APAC is expected to exhibit significant growth opportunities during the forecast period. The growth of the market can be attributed to the presence of developing nations such as; China, Japan, and South Korea. Also, such countries are top destinations for ethical hackers. In addition, the participation of players is expected to drive the market in the region.

For instance, in January 2022, Uppsala Security announced a collaboration with NSHC. It is set to offer a global Virtual Asset Fund Tracking Solution. As per the analysis, China, Japan, and South Korea are estimated at US$ 17.3 Million, US$ 14.2 Million, and US$ 8.7 Million respectively. China’s growth rate is anticipated at 7.1%, Japan’s CAGR is estimated at 6.3%, and South Korea is projected at 5.4% during the forecast period.

The European Commission, UK’s National Cybersecurity Center, and Government Technology Agency have ample opportunities to protect their data with hackers recognizing the weakness in their public-facing systems. Such initiatives are expected to propel the industry in the assessment tenure.

As per the hacker-powered security report 2019, hacker-powered programs grew up by 30% in each region with Latin America recording significant growth in the forecast period.

Country

Projected CAGR

U.S

7.6%

U.K

6.9%

China

7.1%

Japan

6.3%

South Korea

5.4%

What is the Contribution of Key Players to the Global Crowdsourced Security Market?

Key players in the global crowdsourced security market include ApplauseCobalt Labs IncBugcrowd Inc, Detectify, and HackerOne.

Recent developments among key players are:

  • In October 2019, Bugcrowd launched Attack Surface Management (ASM). It provides an assessment of an organization’s security methods by providing intelligence and transparency on its attack surface. It also delivers a crowd-driven approach to risk reduction by assisting IT teams to recognize the assets.
  • In March 2019, Detectify strengthened its business in Boston to take over the US crowdsourced security market. The expansion is projected to aid Detectify to expand the organization’s operations with an eminent tech and startup opportunity in the region.
  • In August 2019, HackerOne announced its partnership with AT&T. As per the partnership, AT&T would use the platform for its newly launched bug bounty program that will help in incorporating its public-facing online environment, like, AT&T-owned websites, APIs, devices, and reports to identify potential vulnerabilities.
  • In January 2019, Bugcrowd announced its partnership with Skyscanner. Skyscanner is a global travel search company. It launched its bug bounty program for public through Bugcrowd’s Crowdsourced Security Platform. 

Key Segments

By Type:

  • Crowdsourced Web Application Security
  • Crowdsourced Mobile Application Security
  • Other Types of Crowdsourced Security

By Deployment Type:

  • Cloud-based Crowdsourced Security
  • On-Premise Crowdsourced Security

By Organization Size:

  • Crowdsourced Security for SMEs
  • Crowdsourced Security for Large Enterprises

By Vertical:

  • Crowdsourced Security for Telecom & IT
  • Crowdsourced Security for BFSI
  • Crowdsourced Security for Healthcare
  • Crowdsourced Security for Travel & Hospitality
  • Crowdsourced Security for Retail
  • Crowdsourced Security for Media & Entertainment
  • Crowdsourced Security for Other Verticals

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

Frequently Asked Questions

The global crowdsourced security market is estimated at US$ 106 Million in 2021.

The global crowdsourced security market is expected to value US$ 243 Million, recording a CAGR of 7.8% during the forecast period.

Growth of Android and IOS development of applications is expected to offer significant opportunities to the market.

Applause, Cobalt Labs Inc, Bugcrowd Inc, Detectify, and HackerOne are some of the eminent players in the market.

Growing security demands with digital transformation in organizations is likely to expand the market growth.

The U.S market is estimated to expand at a 7.6% growth rate during the forecast period.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook 

    1.2. Summary of Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Fact.MR Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage 

    2.2. Market Definition 

3. Market Risks and Trends Assessment 

    3.1. Risk Assessment 

        3.1.1. COVID-19 Crisis and Impact on Crowdsourced Security 

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis 

        3.1.3. Impact on Market Value (US$ Mn)

        3.1.4. Assessment by Key Countries

        3.1.5. Assessment by Key Market Segments

        3.1.6. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background 

    4.1. Crowdsourced Security  Market, by Key Countries

    4.2. Crowdsourced Security  Market Opportunity Assessment (US$ Mn)

        4.2.1. Total Available Market

        4.2.2. Serviceable Addressable Market

        4.2.3. Serviceable Obtainable Market

    4.3. Market Scenario Forecast 

        4.3.1. Demand in optimistic Scenario

        4.3.2. Demand in Likely Scenario

        4.3.3. Demand in Conservative Scenario 

    4.4. Investment Feasibility Analysis

        4.4.1. Investment in Established Markets

            4.4.1.1. In Short Term

            4.4.1.2. In Long Term

        4.4.2. Investment in Emerging Markets

            4.4.2.1. In Short Term

            4.4.2.2. In Long Term

    4.5. Forecast Factors - Relevance & Impact

        4.5.1. Top Companies Historical Growth

        4.5.2. Growth in Automation, By Country

        4.5.3. Crowdsourced Security  Adoption Rate, By Country

    4.6. Market Dynamics

        4.6.1. Market Driving Factors and Impact Assessment

        4.6.2. Prominent Market Challenges and Impact Assessment

        4.6.3. Crowdsourced Security  Market Opportunities

        4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Key Success Factors 

    5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

    5.2. Banking on with Segments High Incremental Opportunity

    5.3. Peer Benchmarking 

6. Global Crowdsourced Security  Market Demand Analysis 2015-2021 and Forecast, 2022-2032

    6.1. Historical Market Analysis, 2015-2021

    6.2. Current and Future Market Projections, 2022-2032

    6.3. Y-o-Y Growth Trend Analysis

7. Global Crowdsourced Security  Market Value Analysis 2015-2021 and Forecast, 2022-2032

    7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032, By Organization Size

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Organization Size, 2015-2021

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Organization Size, 2022-2032

        8.3.1. Small and Medium-Sized Enterprises

        8.3.2. Large Enterprises

    8.4. Market Attractiveness Analysis By Organization Size

9. Global Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032, By Vertical

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Vertical, 2015-2021

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Vertical, 2022-2032

        9.3.1. Telecom & IT

        9.3.2. BFSI

        9.3.3. Healthcare 

        9.3.4. Travel & Hospitality

        9.3.5. Retail 

        9.3.6. Media & Entertainment

        9.3.7. Others

    9.4. Market Attractiveness Analysis By Vertical

10. Global Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032, By Deployment Type 

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) Analysis By Deployment Type , 2015-2021

    10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Deployment Type , 2022-2032

        10.3.1. Cloud

        10.3.2. On-premises

    10.4. Market Attractiveness Analysis By Deployment Type 

11. Global Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032, By Type

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) Analysis By Type, 2015-2021

    11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2022-2032

        11.3.1. Web Application

        11.3.2. Mobile Application

        11.3.3. Others 

    11.4. Market Attractiveness Analysis By Type

12. Global Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032, By Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021

    12.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. Asia Pacific 

        12.3.5. Middle East and Africa (MEA)

    12.4. Market Attractiveness Analysis By Region

13. North America Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

            13.4.1.3. Rest of North America

        13.4.2. By Organization Size

        13.4.3. By Vertical

        13.4.4. By Type

        13.4.5. By Deployment Type 

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Organization Size

        13.5.3. By Vertical

        13.5.4. By Type

        13.5.5. By Deployment Type 

14. Latin America Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Rest of Latin America

        14.4.2. By Organization Size

        14.4.3. By Vertical

        14.4.4. By Type

        14.4.5. By Deployment Type 

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Organization Size

        14.5.3. By Vertical

        14.5.4. By Type

        14.5.5. By Deployment Type 

15. Europe Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. France

            15.4.1.3. U.K.

            15.4.1.4. Italy

            15.4.1.5. Benelux

            15.4.1.6. Nordic Countries

            15.4.1.7. Rest of Europe

        15.4.2. By Organization Size

        15.4.3. By Vertical

        15.4.4. By Type

        15.4.5. By Deployment Type 

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Organization Size

        15.5.3. By Vertical

        15.5.4. By Type

        15.5.5. By Deployment Type 

16. Asia Pacific Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    16.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

            16.4.1.4. Rest of Asia Pacific

        16.4.2. By Organization Size

        16.4.3. By Vertical

        16.4.4. By Type

        16.4.5. By Deployment Type 

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Organization Size

        16.5.3. By Vertical

        16.5.4. By Type

        16.5.5. By Deployment Type 

17. Middle East and Africa Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    17.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        17.4.1. By Country

            17.4.1.1. GCC Countries

            17.4.1.2. South Africa

            17.4.1.3. Turkey

            17.4.1.4. Rest of Middle East and Africa

        17.4.2. By Organization Size

        17.4.3. By Vertical

        17.4.4. By Type

        17.4.5. By Deployment Type 

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Organization Size

        17.5.3. By Vertical

        17.5.4. By Type

        17.5.5. By Deployment Type 

18. Key Countries Crowdsourced Security  Market Analysis 2015-2021 and Forecast 2022-2032

    18.1. Introduction

        18.1.1. Market Value Proportion Analysis, By Key Countries

        18.1.2. Global Vs. Country Growth Comparison

    18.2. US Crowdsourced Security  Market Analysis

        18.2.1. Value Proportion Analysis by Market Taxonomy

        18.2.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.2.2.1. By Organization Size

            18.2.2.2. By Vertical

            18.2.2.3. By Type

            18.2.2.4. By Deployment Type 

    18.3. Canada Crowdsourced Security  Market Analysis

        18.3.1. Value Proportion Analysis by Market Taxonomy

        18.3.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.3.2.1. By Organization Size

            18.3.2.2. By Vertical

            18.3.2.3. By Type

            18.3.2.4. By Deployment Type 

    18.4. Mexico Crowdsourced Security  Market Analysis

        18.4.1. Value Proportion Analysis by Market Taxonomy

        18.4.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.4.2.1. By Organization Size

            18.4.2.2. By Vertical

            18.4.2.3. By Type

            18.4.2.4. By Deployment Type 

    18.5. Brazil Crowdsourced Security  Market Analysis

        18.5.1. Value Proportion Analysis by Market Taxonomy

        18.5.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.5.2.1. By Organization Size

            18.5.2.2. By Vertical

            18.5.2.3. By Type

            18.5.2.4. By Deployment Type 

    18.6. Germany Crowdsourced Security  Market Analysis

        18.6.1. Value Proportion Analysis by Market Taxonomy

        18.6.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.6.2.1. By Organization Size

            18.6.2.2. By Vertical

            18.6.2.3. By Type

            18.6.2.4. By Deployment Type 

    18.7. France Crowdsourced Security  Market Analysis

        18.7.1. Value Proportion Analysis by Market Taxonomy

        18.7.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.7.2.1. By Organization Size

            18.7.2.2. By Vertical

            18.7.2.3. By Type

            18.7.2.4. By Deployment Type 

    18.8. Italy Crowdsourced Security  Market Analysis

        18.8.1. Value Proportion Analysis by Market Taxonomy

        18.8.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.8.2.1. By Organization Size

            18.8.2.2. By Vertical

            18.8.2.3. By Type

            18.8.2.4. By Deployment Type 

    18.9. BENELUX Crowdsourced Security  Market Analysis

        18.9.1. Value Proportion Analysis by Market Taxonomy

        18.9.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.9.2.1. By Organization Size

            18.9.2.2. By Vertical

            18.9.2.3. By Type

            18.9.2.4. By Deployment Type 

    18.10. UK Crowdsourced Security  Market Analysis

        18.10.1. Value Proportion Analysis by Market Taxonomy

        18.10.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.10.2.1. By Organization Size

            18.10.2.2. By Vertical

            18.10.2.3. By Type

            18.10.2.4. By Deployment Type 

    18.11. Nordic Countries Crowdsourced Security  Market Analysis

        18.11.1. Value Proportion Analysis by Market Taxonomy

        18.11.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.11.2.1. By Organization Size

            18.11.2.2. By Vertical

            18.11.2.3. By Type

            18.11.2.4. By Deployment Type 

    18.12. China Crowdsourced Security  Market Analysis

        18.12.1. Value Proportion Analysis by Market Taxonomy

        18.12.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.12.2.1. By Organization Size

            18.12.2.2. By Vertical

            18.12.2.3. By Type

            18.12.2.4. By Deployment Type 

    18.13. Japan Crowdsourced Security  Market Analysis

        18.13.1. Value Proportion Analysis by Market Taxonomy

        18.13.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.13.2.1. By Organization Size

            18.13.2.2. By Vertical

            18.13.2.3. By Type

            18.13.2.4. By Deployment Type 

    18.14. South Korea Crowdsourced Security  Market Analysis

        18.14.1. Value Proportion Analysis by Market Taxonomy

        18.14.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.14.2.1. By Organization Size

            18.14.2.2. By Vertical

            18.14.2.3. By Type

            18.14.2.4. By Deployment Type 

    18.15. GCC Countries Crowdsourced Security  Market Analysis

        18.15.1. Value Proportion Analysis by Market Taxonomy

        18.15.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.15.2.1. By Organization Size

            18.15.2.2. By Vertical

            18.15.2.3. By Type

            18.15.2.4. By Deployment Type 

    18.16. South Africa Crowdsourced Security  Market Analysis

        18.16.1. Value Proportion Analysis by Market Taxonomy

        18.16.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.16.2.1. By Organization Size

            18.16.2.2. By Vertical

            18.16.2.3. By Type

            18.16.2.4. By Deployment Type 

    18.17. Turkey Crowdsourced Security  Market Analysis

        18.17.1. Value Proportion Analysis by Market Taxonomy

        18.17.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

            18.17.2.1. By Organization Size

            18.17.2.2. By Vertical

            18.17.2.3. By Type

            18.17.2.4. By Deployment Type 

        18.17.3. Competition Landscape and Player Concentration in the Country

19. Market Structure Analysis

    19.1. Market Analysis by Tier of Companies 

    19.2. Market Concentration

    19.3. Market Share Analysis of Top Players

    19.4. Market Presence Analysis

        19.4.1. By Regional footprint of Players

        19.4.2. Product footprint by Players

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Competition Benchmarking

    20.3. Competition Deep Dive 

        20.3.1. Applause 

            20.3.1.1. Overview

            20.3.1.2. Product Portfolio

            20.3.1.3. Sales Footprint

            20.3.1.4. Strategy Overview

        20.3.2. Bugcrowd Inc

            20.3.2.1. Overview

            20.3.2.2. Product Portfolio

            20.3.2.3. Sales Footprint

            20.3.2.4. Strategy Overview

        20.3.3. Cobalt Labs Inc

            20.3.3.1. Overview

            20.3.3.2. Product Portfolio

            20.3.3.3. Sales Footprint

            20.3.3.4. Strategy Overview

        20.3.4. Detectify

            20.3.4.1. Overview

            20.3.4.2. Product Portfolio

            20.3.4.3. Sales Footprint

            20.3.4.4. Strategy Overview

        20.3.5. HackerOne

            20.3.5.1. Overview

            20.3.5.2. Product Portfolio

            20.3.5.3. Sales Footprint

            20.3.5.4. Strategy Overview

        20.3.6. Passbrains

            20.3.6.1. Overview

            20.3.6.2. Product Portfolio

            20.3.6.3. Sales Footprint

            20.3.6.4. Strategy Overview

        20.3.7. Planit

            20.3.7.1. Overview

            20.3.7.2. Product Portfolio

            20.3.7.3. Sales Footprint

            20.3.7.4. Strategy Overview

        20.3.8. Synack

            20.3.8.1. Overview

            20.3.8.2. Product Portfolio

            20.3.8.3. Sales Footprint

            20.3.8.4. Strategy Overview

        20.3.9. Zerocopter

            20.3.9.1. Overview

            20.3.9.2. Product Portfolio

            20.3.9.3. Sales Footprint

            20.3.9.4. Strategy Overview

        20.3.10. Rainforest

            20.3.10.1. Overview

            20.3.10.2. Product Portfolio

            20.3.10.3. Sales Footprint

            20.3.10.4. Strategy Overview

21. Assumptions and Acronyms Used

22. Research Methodology

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List of Tables

Table 1: Global Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2015 – 2021

Table 2: Global Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2022 – 2032

Table 3: Global Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2015 – 2021

Table 4: Global Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2022 – 2032

Table 5: Global Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2015 – 2021

Table 6: Global Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2022 – 2032

Table 7: Global Crowdsourced Security  Market Value (US$ Mn), By Type, 2015 – 2021

Table 8: Global Crowdsourced Security  Market Value (US$ Mn), By Type, 2022 – 2032

Table 9: Global Crowdsourced Security  Market, By Region, 2015 – 2021

Table 10: Global Crowdsourced Security  Market, By Region, 2022 – 2032

Table 11: North America Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2015 – 2021

Table 12: North America Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2022 – 2032

Table 13: North America Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2015 – 2021

Table 14: North America Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2022 – 2032

Table 15: North America Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2015 – 2021

Table 16: North America Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2022 – 2032

Table 17: North America Crowdsourced Security  Market Value (US$ Mn), By Type, 2015 – 2021

Table 18: North America Crowdsourced Security  Market Value (US$ Mn), By Type, 2022 – 2032

Table 19: North America Crowdsourced Security  Market, By Country, 2015 – 2021

Table 20: North America Crowdsourced Security  Market, By Country, 2022 – 2032

Table 21: Latin America Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2015 – 2021

Table 22: Latin America Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2022 – 2032

Table 23: Latin America Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2015 – 2021

Table 24: Latin America Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2022 – 2032

Table 25: Latin America Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2015 – 2021

Table 26: Latin America Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2022 – 2032

Table 27: Latin America Crowdsourced Security  Market Value (US$ Mn), By Type, 2015 – 2021

Table 28: Latin America Crowdsourced Security  Market Value (US$ Mn), By Type, 2022 – 2032

Table 29: Latin America Crowdsourced Security  Market, By Country, 2015 – 2021

Table 30: Latin America Crowdsourced Security  Market, By Country, 2022 – 2032

Table 31: Europe Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2015 – 2021

Table 32: Europe Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2022 – 2032

Table 33: Europe Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2015 – 2021

Table 34: Europe Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2022 – 2032

Table 35: Europe Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2015 – 2021

Table 36: Europe Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2022 – 2032

Table 37: Europe Crowdsourced Security  Market Value (US$ Mn), By Type, 2015 – 2021

Table 38: Europe Crowdsourced Security  Market Value (US$ Mn), By Type, 2022 – 2032

Table 39: Europe Crowdsourced Security  Market, By Country, 2015 – 2021

Table 40: Europe Crowdsourced Security  Market, By Country, 2022 – 2032

Table 41: Asia Pacific Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2015 – 2021

Table 42: Asia Pacific Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2022 – 2032

Table 43: Asia Pacific Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2015 – 2021

Table 44: Asia Pacific Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2022 – 2032

Table 45: Asia Pacific Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2015 – 2021

Table 46: Asia Pacific Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2022 – 2032

Table 47: Asia Pacific Crowdsourced Security  Market Value (US$ Mn), By Type, 2015 – 2021

Table 48: Asia Pacific Crowdsourced Security  Market Value (US$ Mn), By Type, 2022 – 2032

Table 49: Asia Pacific Crowdsourced Security  Market, By Country, 2015 – 2021

Table 50: Asia Pacific Crowdsourced Security  Market, By Country, 2022 – 2032

Table 51: MEA Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2015 – 2021

Table 52: MEA Crowdsourced Security  Market Value (US$ Mn),By Organization Size, 2022 – 2032

Table 53: MEA Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2015 – 2021

Table 54: MEA Crowdsourced Security  Market Value (US$ Mn), By Vertical, 2022 – 2032

Table 55: MEA Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2015 – 2021

Table 56: MEA Crowdsourced Security  Market Value (US$ Mn), By Deployment Type , 2022 – 2032

Table 57: MEA Crowdsourced Security  Market Value (US$ Mn), By Type, 2015 – 2021

Table 58: MEA Crowdsourced Security  Market Value (US$ Mn), By Type, 2022 – 2032

Table 59: MEA Crowdsourced Security  Market, By Country, 2015 – 2021

Table 60: MEA Crowdsourced Security  Market, By Country, 2022 – 2032

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List of Charts

Figure 1: Global Crowdsourced Security  Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 2: Global Crowdsourced Security  Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn

Figure 3: Global Crowdsourced Security  Market Share, By Organization Size, 2022 & 2032

Figure 4: Global Crowdsourced Security  Market Y-o-Y Growth Projections, Organization Size – 2022-2032

Figure 5: Global Crowdsourced Security  Market Attractiveness Index, Organization Size – 2022-2032

Figure 6: Global Crowdsourced Security  Market Share, By Vertical, 2022 & 2032

Figure 7: Global Crowdsourced Security  Market Y-o-Y Growth Projections, By Vertical – 2022-2032

Figure 8: Global Crowdsourced Security  Market Attractiveness Index, By Vertical – 2022-2032

Figure 9: Global Crowdsourced Security  Market Share, By Type, 2022 & 2032

Figure 10: Global Crowdsourced Security  Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 11: Global Crowdsourced Security  Market Attractiveness Index, By Type – 2022-2032

Figure 12: Global Crowdsourced Security  Market Share, By Deployment Type , 2022 & 2032

Figure 13: Global Crowdsourced Security  Market Y-o-Y Growth Projections, By Deployment Type  – 2022-2032

Figure 14: Global Crowdsourced Security  Market Attractiveness Index, By Deployment Type  – 2022-2032

Figure 15: Global Crowdsourced Security  Market Share, By Region, 2022 & 2032

Figure 16: Global Crowdsourced Security  Market Y-o-Y Growth Projections, By Region – 2022-2032

Figure 17: Global Crowdsourced Security  Market Attractiveness Index, By Region – 2022-2032

Figure 18: North America Crowdsourced Security  Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 19: North America Crowdsourced Security  Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 20: North America Crowdsourced Security  Market Share, Organization Size, 2022 & 2032

Figure 21: North America Crowdsourced Security  Market Y-o-Y Growth Projections, Organization Size – 2022-2032

Figure 22: North America Crowdsourced Security  Market Attractiveness Index, Organization Size – 2022-2032

Figure 23: North America Crowdsourced Security  Market Share, By Vertical, 2022 & 2032

Figure 24: North America Crowdsourced Security  Market Y-o-Y Growth Projections, By Vertical – 2022-2032

Figure 25: North America Crowdsourced Security  Market Attractiveness Index, By Vertical – 2022-2032

Figure 26: North America Crowdsourced Security  Market Share, By Type, 2022 & 2032

Figure 27: North America Crowdsourced Security  Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 28: North America Crowdsourced Security  Market Attractiveness Index, By Type – 2022-2032

Figure 29: North America Crowdsourced Security  Market Share, By Deployment Type , 2022 & 2032

Figure 30: North America Crowdsourced Security  Market Y-o-Y Growth Projections, By Deployment Type  – 2022-2032

Figure 31: North America Crowdsourced Security  Market Attractiveness Index, By Deployment Type  – 2022-2032

Figure 32: North America Crowdsourced Security  Market Share, By Country, 2022 & 2032

Figure 33: North America Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 34: North America Market Attractiveness Index, By Country – 2022-2032

Figure 35: Latin America Crowdsourced Security  Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 36: Latin America Crowdsourced Security  Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 37: Latin America Crowdsourced Security  Market Share, Organization Size, 2022 & 2032

Figure 38: Latin America Crowdsourced Security  Market Y-o-Y Growth Projections, Organization Size – 2022-2032

Figure 39: Latin America Crowdsourced Security  Market Attractiveness Index, Organization Size – 2022-2032

Figure 40: Latin America Crowdsourced Security  Market Share, By Vertical, 2022 & 2032

Figure 41: Latin America Crowdsourced Security  Market Y-o-Y Growth Projections, By Vertical – 2022-2032

Figure 42: Latin America Crowdsourced Security  Market Attractiveness Index, By Vertical – 2022-2032

Figure 43: Latin America Crowdsourced Security  Market Share, By Type, 2022 & 2032

Figure 44: Latin America Crowdsourced Security  Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 45: Latin America Crowdsourced Security  Market Attractiveness Index, By Type – 2022-2032

Figure 46: Latin America Crowdsourced Security  Market Share, By Deployment Type , 2022 & 2032

Figure 47: Latin America Crowdsourced Security  Market Y-o-Y Growth Projections, By Deployment Type  – 2022-2032

Figure 48: Latin America Crowdsourced Security  Market Attractiveness Index, By Deployment Type  – 2022-2032

Figure 49: Latin America Crowdsourced Security  Market Share, By Country, 2022 & 2032

Figure 50: Latin America Crowdsourced Security  Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 51: Latin America Crowdsourced Security  Market Attractiveness Index, By Country – 2022-2032

Figure 52: Europe Crowdsourced Security  Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 53: Europe Crowdsourced Security  Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 54: Europe Crowdsourced Security  Market Share, Organization Size, 2022 & 2032

Figure 55: Europe Crowdsourced Security  Market Y-o-Y Growth Projections, Organization Size – 2022-2032

Figure 56: Europe Crowdsourced Security  Market Attractiveness Index, Organization Size – 2022-2032

Figure 57: Europe Crowdsourced Security  Market Share, By Vertical, 2022 & 2032

Figure 58: Europe Crowdsourced Security  Market Y-o-Y Growth Projections, By Vertical – 2022-2032

Figure 59: Europe Crowdsourced Security  Market Attractiveness Index, By Vertical – 2022-2032

Figure 60: Europe Crowdsourced Security  Market Share, By Type, 2022 & 2032

Figure 61: Europe Crowdsourced Security  Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 62: Europe Crowdsourced Security  Market Attractiveness Index, By Type – 2022-2032

Figure 63: Europe Crowdsourced Security  Market Share, By Deployment Type , 2022 & 2032

Figure 64: Europe Crowdsourced Security  Market Y-o-Y Growth Projections, By Deployment Type  – 2022-2032

Figure 65: Europe Crowdsourced Security  Market Attractiveness Index, By Deployment Type  – 2022-2032

Figure 66: Europe Crowdsourced Security  Market Share, By Country, 2022 & 2032

Figure 67: Europe Crowdsourced Security  Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 68: Europe Crowdsourced Security  Market Attractiveness Index, By Country – 2022-2032

Figure 69: MEA Crowdsourced Security  Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 70: MEA Crowdsourced Security  Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period 

(2022 – 2032), US$ Mn

Figure 71: MEA Crowdsourced Security  Market Share, Organization Size, 2022 & 2032

Figure 72: MEA Crowdsourced Security  Market Y-o-Y Growth Projections, Organization Size – 2022-2032

Figure 73: MEA Crowdsourced Security  Market Attractiveness Index, Organization Size – 2022-2032

Figure 74: MEA Crowdsourced Security  Market Share, By Vertical, 2022 & 2032

Figure 75: MEA Crowdsourced Security  Market Y-o-Y Growth Projections, By Vertical – 2022-2032

Figure 76: MEA Crowdsourced Security  Market Attractiveness Index, By Vertical – 2022-2032

Figure 77: MEA Crowdsourced Security  Market Share, By Type, 2022 & 2032

Figure 78: MEA Crowdsourced Security  Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 79: MEA Crowdsourced Security  Market Attractiveness Index, By Type – 2022-2032

Figure 80: MEA Crowdsourced Security  Market Share, By Deployment Type , 2022 & 2032

Figure 81: MEA Crowdsourced Security  Market Y-o-Y Growth Projections, By Deployment Type  – 2022-2032

Figure 82: MEA Crowdsourced Security  Market Attractiveness Index, By Deployment Type  – 2022-2032

Figure 83: MEA Crowdsourced Security  Market Share, By Country, 2022 & 2032

Figure 84: MEA Crowdsourced Security  Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 85: MEA Crowdsourced Security  Market Attractiveness Index, By Country – 2022-2032

Figure 86: Asia Pacific Crowdsourced Security  Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 87: Asia Pacific Crowdsourced Security  Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast 

Period (2022 – 2032), US$ Mn

Figure 88: Asia Pacific Crowdsourced Security  Market Share, Organization Size, 2022 & 2032

Figure 89: Asia Pacific Crowdsourced Security  Market Y-o-Y Growth Projections, Organization Size – 2022-2032

Figure 90: Asia Pacific Crowdsourced Security  Market Attractiveness Index, Organization Size – 2022-2032

Figure 91: Asia Pacific Crowdsourced Security  Market Share, By Vertical, 2022 & 2032

Figure 92: Asia Pacific Crowdsourced Security  Market Y-o-Y Growth Projections, By Vertical – 2022-2032

Figure 93: Asia Pacific Crowdsourced Security  Market Attractiveness Index, By Vertical – 2022-2032

Figure 94: Asia Pacific Crowdsourced Security  Market Share, By Type, 2022 & 2032

Figure 95: Asia Pacific Crowdsourced Security  Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 96: Asia Pacific Crowdsourced Security  Market Attractiveness Index, By Type – 2022-2032

Figure 97: Asia Pacific Crowdsourced Security  Market Share, By Deployment Type , 2022 & 2032

Figure 98: Asia Pacific Crowdsourced Security  Market Y-o-Y Growth Projections, By Deployment Type  – 2022-2032

Figure 99: Asia Pacific Crowdsourced Security  Market Attractiveness Index, By Deployment Type  – 2022-2032

Figure 100: Asia Pacific Crowdsourced Security  Market Share, By Country, 2022 & 2032

Figure 101: Asia Pacific Crowdsourced Security  Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 102: Asia Pacific Crowdsourced Security  Market Attractiveness Index, By Country – 2022-2032

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