Crowdsourced Testing Market 2022-2028

Description

List of Tables

Global Crowdsourced Testing Market Size, Share & Trends Analysis Report By Type (Performance Testing, Functionality Testing, Usability Testing, Localization Testing, Security Testing, and Others), By Platform (Web Application and Mobile Application), By Organization Size (Small-Medium Enterprises (SMEs) and Large Enterprise), By Deployment Mode (Cloud and On-Premises), and By Vertical (Telecom & IT, BFSI, Healthcare and Life Sciences, Retail, Media and Entertainment, and Others) Forecast (2022-2028)

The global crowdsourced testing market is anticipated to grow at a substantial CAGR during the forecast period. Increasing demand for cost-effective operations along with the rising number of devices with numerous specifications, operating systems, and applications is propelling the demand for testing software on different platforms. Thus, which in turn will accelerate the growth of the market over the forecast period. According to InMobi, in April and June 2021, more than 313 million tablets and smartphones were shipped, out of which over 80% were running on Android.

The global crowdsourced testing market is segmented based on type, platform, organization size, deployment mode and vertical. Based on the type, the market is sub-segmented into performance testing, functionality testing, usability testing, localization testing, security testing and others. Based on the platform, the market is sub-segmented into web applications, mobile applications and others. Based on the organization size, the market is sub-segmented into SMEs and large enterprises. Based on the deployment mode, the market is sub-segmented into cloud and on-premises. Based on the vertical, the market is sub-segmented into telecom & IT, BFSI, healthcare and life sciences, retail, media and entertainment and others. Among these, the mobile application sub-segment is expected to grow considerably during the forecast period, due to the increasing utilization of smart phones, compact, and portable devices across the globe.

Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America holds the major share in the market due to the presence of key players along with the growing use of crowdsourced testing services in the region, followed by Asia-Pacific. The major factor bolstering the growth among the Asia-Pacific region is the rapidly rising shift towards technological adoption in countries such as India, China, Singapore, and Japan. Additionally, the increased use of crowdsourced testing solutions in the IT industry is further driving the growth of the market in the region.

The major companies serving the global crowdsourced testing market include Cigniti Technologies, EPAM Systems Inc., Infosys, Qualitest, and Test Yantra Software Solutions, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, partnerships and collaborations, and geographical expansion, to stay competitive in the market. For instance, in February 2020, Infosys entered a partnership with Applause. The partnership was aimed to support the company in building end-to-end testing services for its clients.

Research Methodology

The market study of the global crowdsourced testing market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Crowdsourced Testing Market research and analysis by Type.

2. Global Crowdsourced Testing Market Research and Analysis by Platform.

3. Global Crowdsourced Testing Market Research and Analysis by Organization Size.

4. Global Crowdsourced Testing Market Research and Analysis by Deployment Mode.

5. Global Crowdsourced Testing Market research and analysis by Vertical.

The Report Covers:

Comprehensive Research Methodology of the global crowdsourced testing market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global crowdsourced testing market.
Insights about market determinants that are stimulating the global crowdsourced testing market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026403

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Crowdsourced Testing Market
Recovery Scenario of Global Crowdsourced Testing Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Cigniti Technologies Ltd.
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. EPAM Systems, Inc.
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Infosys Ltd.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Qualitest Group
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
  - 3.1.4.5. Test Yantra Software Solutions (India) Pvt. Ltd.
  - 3.1.4.6. Overview
  - 3.1.4.7. Financial Analysis
  - 3.1.4.8. SWOT Analysis
  - 3.1.4.9. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Crowdsourced Testing Market by Type
- 4.1.1. Performance Testing
- 4.1.2. Functionality Testing
- 4.1.3. Usability Testing
- 4.1.4. Localization Testing
- 4.1.5. Security Testing
- 4.1.6. Others
4.2. Global Crowdsourced Testing Market by Platform
- 4.2.1. Web Application
- 4.2.2. Mobile Application
4.3. Global Crowdsourced Testing Market by Organization Size
- 4.3.1. Small-Medium Enterprises (SMEs)
- 4.3.2. Large enterprises
4.4. Global Crowdsourced Testing Market by Deployment Mode
- 4.4.1. Cloud
- 4.4.2. On-premises
4.5. Global Crowdsourced Testing Market by Verticals
- 4.5.1. Telecom and IT
- 4.5.2. BFSI
- 4.5.3. Healthcare and Life Sciences
- 4.5.4. Retail
- 4.5.5. Media and Entertainment
- 4.5.6. Others

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. BUGCROWD
6.2. DIGIVANTE
6.3. IMPACTQA
6.4. NOMURA RESEARCH INSTITUTE
6.5. QUALITRIX
6.6. RAINFOREST
6.7. SYNACK
6.8. TESTBIRDS