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 observed in the historic period can be attributed to several factors. These include the imperative for adopting a cost-effective software development process, an increasing need to address in-house skill gaps, the necessity for scaling up the quality assurance of software, the demand for faster software development cycles, and the requirement for flexibility in testing procedures.
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 anticipated growth in the forecast period can be attributed to several key factors, including the increasing penetration of the internet, the growth of the Internet of Things (IoT), a rising number of applications and operating systems, the proliferation of digital devices, and an increasing demand for digital transformation initiatives. Major trends expected during this period encompass the innovation of end-user testing solutions, continuous product innovation, technological advancements, the adoption of advanced technologies such as cloud computing, and the expansion of business operations.
The upward trend in internet penetration is poised to drive the expansion of the crowdsourced testing market in the foreseeable future. With the surge in remote work, online shopping, e-commerce platforms, and online learning, there's an evident surge in demand for reliable internet connectivity. Crowdsourced testing emerges as a solution offering valuable insights into real-world internet performance scenarios, including peak usage times, diverse geographical locations, and various network providers. This approach involves tapping into a diverse pool of testers from around the globe to evaluate software under authentic conditions, including network performance testing. For instance, a report by the International Telecommunication Union published in November 2022 revealed that approximately 5.3 billion individuals, constituting 66% of the global population, were estimated to be internet users in 2022. This marked a growth rate of 6.1% compared to the previous year, underscoring the escalating internet penetration worldwide. Consequently, the escalating internet penetration serves as a catalyst for the growth trajectory of the crowdsourced testing market.
Key players in the crowdsourced testing arena are actively advancing technologies such as crowdsourcing platforms to further bolster their market presence. These platforms serve as digital hubs where individuals or organizations can engage with a global community of problem solvers to tackle various challenges, tasks, or projects. For instance, in December 2023, Tech Mahindra, a prominent India-based information technology services and consulting company, launched Populii. This innovative platform facilitates the connection between gig workers and leading organizations, enabling collaboration on micro-jobs. Populii not only offers gig workers flexible work options but also provides businesses with reliable data from skilled professionals. The platform presents a plethora of opportunities for gig workers to engage in data management, microtasks, and user research with industry-leading companies. Aligned with Tech Mahindra's NXT.NOW philosophy, which prioritizes the 'Human Centric Experience,' Populii underscores the company's commitment to leveraging emerging technologies to drive digital transformation and meet evolving customer needs.
In May 2021, Nomura Research Institute Australia, an economic research and consulting firm based in Australia, acquired 100% of the shares of Planit Test Management Solutions Pty Ltd for an undisclosed sum. This acquisition marks a strategic initiative by NRI Australia to augment its capabilities, stimulate growth, fortify market position, and offer enhanced software quality assurance and testing services within the realm of digital transformation. Planit Test Management Solutions, headquartered in Australia, specializes in crowdsourced testing services.
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.
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. The countries covered in the crowdsourced testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Crowdsourced testing is a software testing methodology that involves harnessing the collective expertise of a diverse and geographically distributed group of external testers, often referred to as a 'crowd,' to conduct testing activities on a software application. Crowdsourced testing platforms facilitate collaboration between organizations and the global testing community, enabling a more comprehensive and efficient approach to software testing.
The primary components of crowdsourced testing are platforms and services. A platform refers to the hardware or software infrastructure used to host applications or services, providing the necessary foundation for their execution and success. These platforms can be deployed both in the cloud and on-premises. Various types of testing activities can be carried out on these platforms, including exploratory testing, graphical user interface (GUI) testing, usability testing, functional testing, performance testing, and others. Crowdsourced testing can be applied to diverse application types such as mobile applications, web applications, and native desktop applications. It finds applications across different industries, including banking, financial services, and insurance (BFSI), IT and telecom, retail, healthcare and life sciences, media and entertainment, among others.
The crowdsourced testing market research report is one of a series of new reports that provides crowdsourced testing market statistics, including crowdsourced testing industry global market size, regional shares, competitors with a crowdsourced testing market share, detailed crowdsourced testing market segments, market trends and opportunities, and any further data you may need to thrive in the crowdsourced testing industry. This crowdsourced testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The crowdsourced testing market includes revenues earned by entities by regression testing, payments testing, test automation management and cross browser testing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
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 anticipated growth in the forecast period can be attributed to several key factors, including the increasing penetration of the internet, the growth of the Internet of Things (IoT), a rising number of applications and operating systems, the proliferation of digital devices, and an increasing demand for digital transformation initiatives. Major trends expected during this period encompass the innovation of end-user testing solutions, continuous product innovation, technological advancements, the adoption of advanced technologies such as cloud computing, and the expansion of business operations.
The upward trend in internet penetration is poised to drive the expansion of the crowdsourced testing market in the foreseeable future. With the surge in remote work, online shopping, e-commerce platforms, and online learning, there's an evident surge in demand for reliable internet connectivity. Crowdsourced testing emerges as a solution offering valuable insights into real-world internet performance scenarios, including peak usage times, diverse geographical locations, and various network providers. This approach involves tapping into a diverse pool of testers from around the globe to evaluate software under authentic conditions, including network performance testing. For instance, a report by the International Telecommunication Union published in November 2022 revealed that approximately 5.3 billion individuals, constituting 66% of the global population, were estimated to be internet users in 2022. This marked a growth rate of 6.1% compared to the previous year, underscoring the escalating internet penetration worldwide. Consequently, the escalating internet penetration serves as a catalyst for the growth trajectory of the crowdsourced testing market.
Key players in the crowdsourced testing arena are actively advancing technologies such as crowdsourcing platforms to further bolster their market presence. These platforms serve as digital hubs where individuals or organizations can engage with a global community of problem solvers to tackle various challenges, tasks, or projects. For instance, in December 2023, Tech Mahindra, a prominent India-based information technology services and consulting company, launched Populii. This innovative platform facilitates the connection between gig workers and leading organizations, enabling collaboration on micro-jobs. Populii not only offers gig workers flexible work options but also provides businesses with reliable data from skilled professionals. The platform presents a plethora of opportunities for gig workers to engage in data management, microtasks, and user research with industry-leading companies. Aligned with Tech Mahindra's NXT.NOW philosophy, which prioritizes the 'Human Centric Experience,' Populii underscores the company's commitment to leveraging emerging technologies to drive digital transformation and meet evolving customer needs.
In May 2021, Nomura Research Institute Australia, an economic research and consulting firm based in Australia, acquired 100% of the shares of Planit Test Management Solutions Pty Ltd for an undisclosed sum. This acquisition marks a strategic initiative by NRI Australia to augment its capabilities, stimulate growth, fortify market position, and offer enhanced software quality assurance and testing services within the realm of digital transformation. Planit Test Management Solutions, headquartered in Australia, specializes in crowdsourced testing services.
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.
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. The countries covered in the crowdsourced testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Crowdsourced testing is a software testing methodology that involves harnessing the collective expertise of a diverse and geographically distributed group of external testers, often referred to as a 'crowd,' to conduct testing activities on a software application. Crowdsourced testing platforms facilitate collaboration between organizations and the global testing community, enabling a more comprehensive and efficient approach to software testing.
The primary components of crowdsourced testing are platforms and services. A platform refers to the hardware or software infrastructure used to host applications or services, providing the necessary foundation for their execution and success. These platforms can be deployed both in the cloud and on-premises. Various types of testing activities can be carried out on these platforms, including exploratory testing, graphical user interface (GUI) testing, usability testing, functional testing, performance testing, and others. Crowdsourced testing can be applied to diverse application types such as mobile applications, web applications, and native desktop applications. It finds applications across different industries, including banking, financial services, and insurance (BFSI), IT and telecom, retail, healthcare and life sciences, media and entertainment, among others.
The crowdsourced testing market research report is one of a series of new reports that provides crowdsourced testing market statistics, including crowdsourced testing industry global market size, regional shares, competitors with a crowdsourced testing market share, detailed crowdsourced testing market segments, market trends and opportunities, and any further data you may need to thrive in the crowdsourced testing industry. This crowdsourced testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The crowdsourced testing market includes revenues earned by entities by regression testing, payments testing, test automation management and cross browser testing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Crowdsourced Testing Market Characteristics3. Crowdsourced Testing Market Trends and Strategies32. Global Crowdsourced Testing Market Competitive Benchmarking33. Global Crowdsourced Testing Market Competitive Dashboard34. Key Mergers and Acquisitions in the Crowdsourced Testing Market
4. Crowdsourced Testing Market - Macro Economic Scenario
5. Global Crowdsourced Testing Market Size and Growth
6. Crowdsourced Testing Market Segmentation
7. Crowdsourced Testing Market Regional and Country Analysis
8. Asia-Pacific Crowdsourced Testing Market
9. China Crowdsourced Testing Market
10. India Crowdsourced Testing Market
11. Japan Crowdsourced Testing Market
12. Australia Crowdsourced Testing Market
13. Indonesia Crowdsourced Testing Market
14. South Korea Crowdsourced Testing Market
15. Western Europe Crowdsourced Testing Market
16. UK Crowdsourced Testing Market
17. Germany Crowdsourced Testing Market
18. France Crowdsourced Testing Market
19. Italy Crowdsourced Testing Market
20. Spain Crowdsourced Testing Market
21. Eastern Europe Crowdsourced Testing Market
22. Russia Crowdsourced Testing Market
23. North America Crowdsourced Testing Market
24. USA Crowdsourced Testing Market
25. Canada Crowdsourced Testing Market
26. South America Crowdsourced Testing Market
27. Brazil Crowdsourced Testing Market
28. Middle East Crowdsourced Testing Market
29. Africa Crowdsourced Testing Market
30. Crowdsourced Testing Market Competitive Landscape and Company Profiles
31. Crowdsourced Testing Market Other Major and Innovative Companies
35. Crowdsourced Testing Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Crowdsourced Testing Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on crowdsourced testing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for crowdsourced testing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The crowdsourced testing market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Platform; Services2) 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.
Key Companies Mentioned: Infosys Limited; EPAM Systems Inc.; MSG Systems AG; Flatworld Solutions Pvt. Ltd; Computer Task Group Inc. (CTG)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.38 Billion |
Forecasted Market Value ( USD | $ 3.46 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |