image

Crowdsourced Testing Market Report Scope & Overview:

The Crowdsourced Testing Market size was valued at USD 1.53 Billion in 2023 and is expected to grow to USD 3.19 billion by 2031 and grow at a CAGR of 9.6 % over the forecast period of 2024-2031.

factor contributing to the growth of the crowdsourced testing market is the increasing demand to enhance software quality assurance in order to provide customers with a superior experience. Moreover, this market growth is driven by the global surge in digital transformation and the need for software developers to comply with regulatory standards. Organizations are leveraging the collective expertise of a diverse group of testers to elevate the quality and user experience of their software and applications. Additionally, there is significant market potential for key players to develop effective business strategies through partnerships, collaborations, and product launches.

Crowdsourced Testing Market Revenue Analysis

To Get More Information on Crowdsourced Testing Market - Request Sample Report

In terms of components, is classified into platforms and services. The platform segment currently dominates the overall market, capturing a significant market share of 70% in 2022. Furthermore, it is projected to experience a steady growth rate of 11% throughout the forecast period. Crowdsourcing companies play a crucial role in providing organizations with access to a pool of vetted crowd testers. These testers can effectively manage test activities, create high-quality tests, and execute them through the crowdsourced testing platform. This enables organizations to leverage the power of crowdsourcing to enhance their testing processes and ensure the delivery of top-notch products or services.

Market Definition

Crowdsourcing is a software testing approach that involves inviting a substantial number of testers, often referred to as "the crowd," to participate in the testing process. This method, known as crowdsourced testing, leverages the diverse skills and experiences of a distributed community of testers, rather than relying solely on an internal testing team.

Market Dynamics

Drivers

  • Scaling up software quality assurance is necessary to improve customer experience

  • Market expansion will be facilitated by a growing need to scale software quality assurance in order to improve customer experiences.

Software usage has increased dramatically in recent years, and as more digital platforms are used, customers' expectations for the quality of software are also rising. Crowdsourced testing can offer concrete user feedback prior to a software program being released on the market. The severe rivalry in the internet market, which is being fueled by the quick deployment of new software, has significantly underlined the role of Quality Assurance (QA) specialists in providing the greatest client experiences. In order to dramatically reduce the costs and risks associated with exposing businesses to customer experience restrictions, businesses are moving toward a full assurance of customer experience. In order to track client experiences and maintain total control over consumer experience testing, organizations are building more efficient innovation processes.

Restrains

  • Sensitive data lacks communication and security, which will limit market expansion

  • Increasing complexity of tokenization and fraud prevention implementation

Opportunities

  • The growth of the Internet of Things (IoT) is set to significantly increase the demand for end-user testing services.

IoT, a crucial digital transformation strategy, has led to the development of a wide range of applications for end users. According to the Ericsson Mobility Report of 2021, by 2027, massive IoT will account for 52% of cellular IoT connections. As the world becomes more interconnected, the number of companies offering IoT testing services is also on the rise. IoT solutions involve extensive interaction between products and end users, as well as other IoT products and solutions. With this rapid growth, there is a pressing need for a large number of IoT devices to interact effectively with users. Crowdsourced testing presents an efficient technique for testing these systems. By implementing crowdsourced testing in IoT solutions, it becomes possible to address the challenges associated with the numerous IoT connections. The proliferation of IoT devices presents a significant opportunity for vendors specializing in crowdsourced testing.

Challenges

  • Directing the crowd to maximize testing efficiency

Impact of Russia-Ukraine War

Geopolitical tensions can affect business relationships and international collaborations. Crowdsourced testing often involves clients and testers from different countries. The conflict may lead to concerns over data security, intellectual property, and trust issues, which could impact the willingness of clients to use crowdsourced testing services from certain regions, including Russia and Ukraine. Conflict in Ukraine can disrupt critical infrastructure and communication networks. Reliable internet connectivity is essential for crowdsourced testing to function effectively. If infrastructure is damaged or connectivity is compromised, it could lead to delays and disruptions in testing projects. Geopolitical instability can create uncertainty in global markets. Businesses may become more risk-averse and cautious with their spending, including outsourcing and crowdsourced services. This could result in a slowdown in demand for crowdsourced testing services. To mitigate geopolitical risks, businesses may seek to diversify their sourcing strategies for crowdsourced testing. They might explore alternative regions or providers to reduce their dependence on specific areas affected by conflict.

Impact of Recession

Conversely, some companies may turn to crowdsourced testing as a cost-effective alternative to in-house testing teams. Crowdsourced testing can be more budget-friendly as it typically involves paying testers on a per-bug-found basis, rather than maintaining a full-time testing team. Even during a recession, maintaining software quality is crucial. In some cases, companies may place an even higher emphasis on the quality of their software because they want to ensure customer satisfaction and retain their existing customer base.

The Crowdsourced Testing Market itself may become more competitive as more testing providers and freelancers enter the market to meet the increased demand for cost-effective testing services.

In some cases, a recession can lead to consolidation in the industry as smaller crowdsourced testing companies may struggle to survive, while larger, more established firms may acquire or merge with competitors. The rise of remote work due to the pandemic has already shifted how testing teams operate. During a recession, remote work may continue to be a trend, and this can favor crowdsourced testing platforms, which inherently operate with a distributed and remote workforce. To cope with reduced budgets, companies may invest more in test automation solutions to complement crowdsourced testing efforts. This can improve efficiency and reduce the overall cost of testing.

Key Market Segmentation

By Testing Type

  • Performance Testing

  • Functionality Testing

  • Usability Testing

  • Localization Testing

  • Security Testing

  • Others

By Deployment mode

  • Cloud

  • On-premises

By Platform

By Organization Size

  • Small and medium-sized enterprises

  • Large enterprises

By Verticals

  • Telecom and IT

  • BFSI

  • Healthcare and Life Sciences

  • Retail

  • Media and Entertainment

  • Others

Regional Analysis

The North American market has witnessed a significant surge in the adoption of cutting-edge technologies, including Artificial Intelligence and automation tests. North America dominates the market with a 32.1 % share. This has paved the way for crowd-testing providers to implement highly effective solutions. As a result, North America has emerged as a frontrunner in the global market in 2022, solidifying its position as a technology hub.  Recognizing the importance of security in crowd-testing services, the federal government has established stringent regulations. These rules ensure that businesses availing such services adhere to strict security protocols. This is particularly crucial in sectors like BFSI, retail, and healthcare, where compliance with performance and payment testing is mandatory. Furthermore, the region's crowdsourced testing market share is bolstered by the rapid development of new technologies. These innovations capitalize on the growing internet penetration and the ever-increasing demand from customers. This dynamic landscape presents immense opportunities for businesses to leverage crowdsourced testing and stay ahead of the curve.

Asia Pacific is predicted to have exponential growth, with a 12.9% CAGR, and the region may adopt crowd-testing as a result of the high need for expert testers. Companies offering crowdsourced testing are growing throughout the area. The adoption of crowd-testing platforms in the region has been significantly aided by developing economies like China, Japan, and India.

Crowdsourced Testing Market By Region

Do You Need any Customization Research on Crowdsourced Testing Market - Enquire Now

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players:

The major players in the market are Bugcrowd Inc., Global App Testing, Nomura Research Institute, Ltd., EPAM Systems, Inc., Flatworld Solutions Pvt. Ltd., Infosys Limited, Qualitest, Test Yantra Software Solutions, Cobalt Labs Inc., Qualitrix, Cigniti Technologies, Applause App Quality, Inc., Testbirds, Testlio Inc., Rainforest QA, Inc., Digivante Ltd, Crowdsprint, MyCrowd, Synack, Ubertesters Inc., QA Mentor, Inc., Crowd4Test, TestUnity, and others in final report.

Bugcrowd Inc-Company Financial Analysis

Company Landscape Analysis

Recent development

  • In April 2023, Bugcrowd made an exciting announcement regarding its Penetration Testing as a Service (PTaaS) solution. The company introduced new features that enable customers to easily set up, manage, and purchase pen tests online, eliminating the need for lengthy sales calls or consultations with scoping experts.

  • Moving on to January 2023, Cigniti Technologies forged a valuable partnership with LambdaTest, a cloud testing platform designed for developers and testers. This collaboration aims to enhance the speed of code delivery. By leveraging LambdaTest's cutting-edge HyperExecute platform, Cigniti can provide customers with a secure, scalable, and advanced test orchestration throughout their DevOpsCICD lifecycle.

  • Planit was acquired by NRI Australia in May 2021. Following this transaction, Planit continues to operate under the name of NRI Australia. This acquisition aligns with NRI's Vision 2022 strategy, aimed at expanding its customer base across various industrial sectors and establishing a stronger presence in Asia Pacific, Europe, and North America. Moreover, the acquisition is in line with NRI's overarching strategy to enhance its capabilities and extend its global reach.

  • In February 2021, the Indian company QA Infotech was purchased by Qualitest. One of the biggest independent offshore testing companies, it has a history of working with prestigious clients, particularly in the eLearning, publishing, healthcare, travel, and retail industries. The automation capabilities and worldwide right-shoring Quality Assurance offerings of Qualitest will be improved by this purchase.

Crowdsourced Testing Market Report Scope:

Report Attributes Details
Market Size in 2023  US$ 1.53 Bn
Market Size by 2031  US$ 3.19 Bn
CAGR   CAGR of 9.6% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Testing Type (Performance Testing, Functionality Testing, Usability Testing, Localization Testing, Security Testing, Others)
• By Deployment mode (Cloud, On-premises)
• By Platform (Web Application, Mobile Application, Others)
• By Organization Size (Small and medium-sized enterprises, large enterprises)
• By Verticals (Telecom and IT, BFSI, Healthcare and Life Sciences, Retail, Media and Entertainment, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Bugcrowd Inc., Global App Testing, Nomura Research Institute, Ltd., EPAM Systems, Inc., Flatworld Solutions Pvt. Ltd., Infosys Limited, Qualitest, Test Yantra Software Solutions, Cobalt Labs Inc., Qualitrix, Cigniti Technologies, Applause App Quality, Inc., Testbirds, Testlio Inc., Rainforest QA, Inc., Digivante Ltd, Crowdsprint, MyCrowd, Synack, Ubertesters Inc., QA Mentor, Inc., Crowd4Test, TestUnity,
Key Drivers • Scaling up software quality assurance is necessary to improve customer experience
• Market expansion will be facilitated by a growing need to scale software quality assurance in order to improve customer experiences.
Market Restraints • Sensitive data lacks communication and security, which will limit market expansion
• Increasing complexity of tokenization and fraud prevention implementation:

 

Frequently Asked Questions

Ans:  USD 1.53 billion in 2022 is the market share of the Crowdsourced Testing Market.

Ans. The CAGR of the Crowdsourced Testing Market for the forecast period 2022-2030 is 9.86 %.

Ans. The forecast period for the Crowdsourced Testing Market is 2022-2030.

Ans.

• Scaling up software quality assurance is necessary to improve customer experience

• Market expansion will be facilitated by a growing need to scale software quality assurance in order to improve customer experiences.

Ans. The major players in the market are Bugcrowd Inc., Global App Testing, Nomura Research Institute, Ltd., EPAM Systems, Inc., Flatworld Solutions Pvt. Ltd., Infosys Limited, Cigniti Technologies, Testlio Inc., Digivante Ltd, Crowdsprint, MyCrowd, Synack, Ubertesters Inc., QA Mentor, Inc., Crowd4Test, TestUnity, and others in final report.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Crowdsourced Testing Market Segmentation, By Testing Type
8.1 Performance Testing
8.2 Functionality Testing
8.3 Usability Testing
8.4 Localization Testing
8.5 Security Testing
8.6 Others

9. Crowdsourced Testing Market Segmentation, By Deployment Mode
9.1 Cloud
9.2 On-premises

10. Crowdsourced Testing Market Segmentation, By Platform
10.1 Web Application
10.2 Mobile Application
10.3 Others

11. Crowdsourced Testing Market Segmentation, By Organization Size
11.1 Small and medium-sized enterprises
11.2 Large enterprises

12. Crowdsourced Testing Market Segmentation, By Verticals
12.1 Telecom and IT
12.2 BFSI
12.3 Healthcare and Life Sciences
12.4 Retail
12.5 Media and Entertainment
12.56 Others

13 Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 North America Crowdsourced Testing Market By Country
13.2.2 North America Crowdsourced Testing Market By Testing Type
13.2.3 North America Crowdsourced Testing Market By Deployment Mode
13.2.4 North America Crowdsourced Testing Market By Platform
13.2.5 North America Crowdsourced Testing Market By Organization Size
13.2.6 North America Crowdsourced Testing Market By Verticals
13.2.7 USA
13.2.7.1 USA Crowdsourced Testing Market By Testing Type
13.2.7.2 USA Crowdsourced Testing Market By Deployment Mode
13.2.7.3 USA Crowdsourced Testing Market By Platform
13.2.7.4 USA Crowdsourced Testing Market By Organization Size
13.2.7.5 USA Crowdsourced Testing Market By Verticals
13.2.8 Canada
13.2.8.1 Canada Crowdsourced Testing Market By Testing Type
13.2.8.2 Canada Crowdsourced Testing Market By Deployment Mode
13.2.8.3 Canada Crowdsourced Testing Market By Platform
13.2.8.4 Canada Crowdsourced Testing Market By Organization Size
13.2.8.5 Canada Crowdsourced Testing Market By Verticals
13.2.9 Mexico
13.2.9.1 Mexico Crowdsourced Testing Market By Testing Type
13.2.9.2 Mexico Crowdsourced Testing Market By Deployment Mode
13.2.9.3 Mexico Crowdsourced Testing Market By Platform
13.2.9.4 Mexico Crowdsourced Testing Market By Organization Size
13.2.9.5 Mexico Crowdsourced Testing Market By Verticals
13.3 Europe
13.3.1 Eastern Europe
13.3.1.1 Eastern Europe Crowdsourced Testing Market By Country
13.3.1.2 Eastern Europe Crowdsourced Testing Market By Testing Type
13.3.1.3 Eastern Europe Crowdsourced Testing Market By Deployment Mode
13.3.1.4 Eastern Europe Crowdsourced Testing Market By Platform
13.3.1.5 Eastern Europe Crowdsourced Testing Market By Organization Size
13.3.1.6 Eastern Europe Crowdsourced Testing Market By Verticals
13.3.1.7 Poland
13.3.1.7.1 Poland Crowdsourced Testing Market By Testing Type
13.3.1.7.2 Poland Crowdsourced Testing Market By Deployment Mode
13.3.1.7.3 Poland Crowdsourced Testing Market By Platform
13.3.1.7.4 Poland Crowdsourced Testing Market By Organization Size
13.3.1.7.5 Poland Crowdsourced Testing Market By Verticals
13.3.1.8 Romania
13.3.1.8.1 Romania Crowdsourced Testing Market By Testing Type
13.3.1.8.2 Romania Crowdsourced Testing Market By Deployment Mode
13.3.1.8.3 Romania Crowdsourced Testing Market By Platform
13.3.1.8.4 Romania Crowdsourced Testing Market By Organization Size
13.3.1.8.5 Romania Crowdsourced Testing Market By Verticals
13.3.1.9 Hungary
13.3.1.9.1 Hungary Crowdsourced Testing Market By Testing Type
13.3.1.9.2 Hungary Crowdsourced Testing Market By Deployment Mode
13.3.1.9.3 Hungary Crowdsourced Testing Market By Platform
13.3.1.9.4 Hungary Crowdsourced Testing Market By Organization Size
13.3.1.9.5 Hungary Crowdsourced Testing Market By Verticals
13.3.1.10 Turkey
13.3.1.10.1 Turkey Crowdsourced Testing Market By Testing Type
13.3.1.10.2 Turkey Crowdsourced Testing Market By Deployment Mode
13.3.1.10.3 Turkey Crowdsourced Testing Market By Platform
13.3.1.10.4 Turkey Crowdsourced Testing Market By Organization Size
13.3.1.10.5 Turkey Crowdsourced Testing Market By Verticals
13.3.1.11 Rest of Eastern Europe
13.3.1.11.1 Rest of Eastern Europe Crowdsourced Testing Market By Testing Type
13.3.1.11.2 Rest of Eastern Europe Crowdsourced Testing Market By Deployment Mode
13.3.1.11.3 Rest of Eastern Europe Crowdsourced Testing Market By Platform
13.3.1.11.4 Rest of Eastern Europe Crowdsourced Testing Market By Organization Size
13.3.1.11.5 Rest of Eastern Europe Crowdsourced Testing Market By Verticals
13.3.2 Western Europe
13.3.2.1 Western Europe Crowdsourced Testing Market By Country
13.3.2.2 Western Europe Crowdsourced Testing Market By Testing Type
13.3.2.3 Western Europe Crowdsourced Testing Market By Deployment Mode
13.3.2.4 Western Europe Crowdsourced Testing Market By Platform
13.3.2.5 Western Europe Crowdsourced Testing Market By Organization Size
13.3.2.6 Western Europe Crowdsourced Testing Market By Verticals
13.3.2.7 Germany
13.3.2.7.1 Germany Crowdsourced Testing Market By Testing Type
13.3.2.7.2 Germany Crowdsourced Testing Market By Deployment Mode
13.3.2.7.3 Germany Crowdsourced Testing Market By Platform
13.3.2.7.4 Germany Crowdsourced Testing Market By Organization Size
13.3.2.7.5 Germany Crowdsourced Testing Market By Verticals
13.3.2.8 France
13.3.2.8.1 France Crowdsourced Testing Market By Testing Type
13.3.2.8.2 France Crowdsourced Testing Market By Deployment Mode
13.3.2.8.3 France Crowdsourced Testing Market By Platform
13.3.2.8.4 France Crowdsourced Testing Market By Organization Size
13.3.2.8.5 France Crowdsourced Testing Market By Verticals
13.3.2.9 UK
13.3.2.9.1 UK Crowdsourced Testing Market By Testing Type
13.3.2.9.2 UK Crowdsourced Testing Market By Deployment Mode
13.3.2.9.3 UK Crowdsourced Testing Market By Platform
13.3.2.9.4 UK Crowdsourced Testing Market By Organization Size
13.3.2.9.5 UK Crowdsourced Testing Market By Verticals
13.3.2.10 Italy
13.3.2.10.1 Italy Crowdsourced Testing Market By Testing Type
13.3.2.10.2 Italy Crowdsourced Testing Market By Deployment Mode
13.3.2.10.3 Italy Crowdsourced Testing Market By Platform
13.3.2.10.4 Italy Crowdsourced Testing Market By Organization Size
13.3.2.10.5 Italy Crowdsourced Testing Market By Verticals
13.3.2.11 Spain
13.3.2.11.1 Spain Crowdsourced Testing Market By Testing Type
13.3.2.11.2 Spain Crowdsourced Testing Market By Deployment Mode
13.3.2.11.3 Spain Crowdsourced Testing Market By Platform
13.3.2.11.4 Spain Crowdsourced Testing Market By Organization Size
13.3.2.11.5 Spain Crowdsourced Testing Market By Verticals
13.3.2.12 The Netherlands
13.3.2.12.1 Netherlands Crowdsourced Testing Market By Testing Type
13.3.2.12.2 Netherlands Crowdsourced Testing Market By Deployment Mode
13.3.2.12.3 Netherlands Crowdsourced Testing Market By Platform
13.3.2.12.4 Netherlands Crowdsourced Testing Market By Organization Size
13.3.2.12.5 Netherlands Crowdsourced Testing Market By Verticals
13.3.2.13 Switzerland
13.3.2.13.1 Switzerland Crowdsourced Testing Market By Testing Type
13.3.2.13.2 Switzerland Crowdsourced Testing Market By Deployment Mode
13.3.2.13.3 Switzerland Crowdsourced Testing Market By Platform
13.3.2.13.4 Switzerland Crowdsourced Testing Market By Organization Size
13.3.2.13.5 Switzerland Crowdsourced Testing Market By Verticals
13.3.2.14 Austria
13.3.2.14.1 Austria Crowdsourced Testing Market By Testing Type
13.3.2.14.2 Austria Crowdsourced Testing Market By Deployment Mode
13.3.2.14.3 Austria Crowdsourced Testing Market By Platform
13.3.2.14.4 Austria Crowdsourced Testing Market By Organization Size
13.3.2.14.5 Austria Crowdsourced Testing Market By Verticals
13.3.2.15 Rest of Western Europe
13.3.2.15.1 Rest of Western Europe Crowdsourced Testing Market By Testing Type
13.3.2.15.2 Rest of Western Europe Crowdsourced Testing Market By Deployment Mode
13.3.2.15.3 Rest of Western Europe Crowdsourced Testing Market By Platform
13.3.2.15.4 Rest of Western Europe Crowdsourced Testing Market By Organization Size
13.3.2.15.5 Rest of Western Europe Crowdsourced Testing Market By Verticals
13.4 Asia-Pacific
13.4.1 Asia Pacific Crowdsourced Testing Market By Country
13.4.2 Asia Pacific Crowdsourced Testing Market By Testing Type
13.4.3 Asia Pacific Crowdsourced Testing Market By Deployment Mode
13.4.4 Asia Pacific Crowdsourced Testing Market By Platform
13.4.5 Asia Pacific Crowdsourced Testing Market By Organization Size
13.4.6 Asia Pacific Crowdsourced Testing Market By Verticals
13.4.7 China
13.4.7.1 China Crowdsourced Testing Market By Testing Type
13.4.7.2 China Crowdsourced Testing Market By Deployment Mode
13.4.7.3 China Crowdsourced Testing Market By Platform
13.4.7.4 China Crowdsourced Testing Market By Organization Size
13.4.7.5 China Crowdsourced Testing Market By Verticals
13.4.8 India
13.4.8.1 India Crowdsourced Testing Market By Testing Type
13.4.8.2 India Crowdsourced Testing Market By Deployment Mode
13.4.8.3 India Crowdsourced Testing Market By Platform
13.4.8.4 India Crowdsourced Testing Market By Organization Size
13.4.8.5 India Crowdsourced Testing Market By Verticals
13.4.9 Japan
13.4.9.1 Japan Crowdsourced Testing Market By Testing Type
13.4.9.2 Japan Crowdsourced Testing Market By Deployment Mode
13.4.9.3 Japan Crowdsourced Testing Market By Platform
13.4.9.4 Japan Crowdsourced Testing Market By Organization Size
13.4.9.5 Japan Crowdsourced Testing Market By Verticals
13.4.10 South Korea
13.4.10.1 South Korea Crowdsourced Testing Market By Testing Type
13.4.10.2 South Korea Crowdsourced Testing Market By Deployment Mode
13.4.10.3 South Korea Crowdsourced Testing Market By Platform
13.4.10.4 South Korea Crowdsourced Testing Market By Organization Size
13.4.10.5 South Korea Crowdsourced Testing Market By Verticals
13.4.11 Vietnam
13.4.11.1 Vietnam Crowdsourced Testing Market By Testing Type
13.4.11.2 Vietnam Crowdsourced Testing Market By Deployment Mode
13.4.11.3 Vietnam Crowdsourced Testing Market By Platform
13.4.11.4 Vietnam Crowdsourced Testing Market By Organization Size
13.4.11.5 Vietnam Crowdsourced Testing Market By Verticals
13.4.12 Singapore
13.4.12.1 Singapore Crowdsourced Testing Market By Testing Type
13.4.12.2 Singapore Crowdsourced Testing Market By Deployment Mode
13.4.12.3 Singapore Crowdsourced Testing Market By Platform
13.4.12.4 Singapore Crowdsourced Testing Market By Organization Size
13.4.12.5 Singapore Crowdsourced Testing Market By Verticals
13.4.13 Australia
13.4.13.1 Australia Crowdsourced Testing Market By Testing Type
13.4.13.2 Australia Crowdsourced Testing Market By Deployment Mode
13.4.13.3 Australia Crowdsourced Testing Market By Platform
13.4.13.4 Australia Crowdsourced Testing Market By Organization Size
13.4.13.5 Australia Crowdsourced Testing Market By Verticals
13.4.14 Rest of Asia-Pacific
13.4.14.1 APAC Crowdsourced Testing Market By Testing Type
13.4.14.2 APAC Crowdsourced Testing Market By Deployment Mode
13.4.14.3 APAC Crowdsourced Testing Market By Platform
13.4.14.4 APAC Crowdsourced Testing Market By Organization Size
13.4.14.5 APAC Crowdsourced Testing Market By Verticals
13.5 The Middle East & Africa
13.5.1 Middle East
13.5.1.1 Middle East Crowdsourced Testing Market By country
13.5.1.2 Middle East Crowdsourced Testing Market By Testing Type
13.5.1.3 Middle East Crowdsourced Testing Market By Deployment Mode
13.5.1.4 Middle East Crowdsourced Testing Market By Platform
13.5.1.5 Middle East Crowdsourced Testing Market By Organization Size
13.5.1.6 Middle East Crowdsourced Testing Market By Verticals
13.5.1.7 UAE
13.5.1.7.1 UAE Crowdsourced Testing Market By Testing Type
13.5.1.7.2 UAE Crowdsourced Testing Market By Deployment Mode
13.5.1.7.3 UAE Crowdsourced Testing Market By Platform
13.5.1.7.4 UAE Crowdsourced Testing Market By Organization Size
13.5.1.7.5 UAE Crowdsourced Testing Market By Verticals
13.5.1.8 Egypt
13.5.1.8.1 Egypt Crowdsourced Testing Market By Testing Type
13.5.1.8.2 Egypt Crowdsourced Testing Market By Deployment Mode
13.5.1.8.3 Egypt Crowdsourced Testing Market By Platform
13.5.1.8.4 Egypt Crowdsourced Testing Market By Organization Size
13.5.1.8.5 Egypt Crowdsourced Testing Market By Verticals
13.5.1.9 Saudi Arabia
13.5.1.9.1 Saudi Arabia Crowdsourced Testing Market By Testing Type
13.5.1.9.2 Saudi Arabia Crowdsourced Testing Market By Deployment Mode
13.5.1.9.3 Saudi Arabia Crowdsourced Testing Market By Platform
13.5.1.9.4 Saudi Arabia Crowdsourced Testing Market By Organization Size
13.5.1.9.5 Saudi Arabia Crowdsourced Testing Market By Verticals
13.5.1.10 Qatar
13.5.1.10.1 Qatar Crowdsourced Testing Market By Testing Type
13.5.1.10.2 Qatar Crowdsourced Testing Market By Deployment Mode
13.5.1.10.3 Qatar Crowdsourced Testing Market By Platform
13.5.1.10.4 Qatar Crowdsourced Testing Market By Organization Size
13.5.1.10.5 Qatar Crowdsourced Testing Market By Verticals
13.5.1.11 Rest of Middle East
13.5.1.11.1 Rest of Middle East Crowdsourced Testing Market By Testing Type
13.5.1.11.2 Rest of Middle East Crowdsourced Testing Market By Deployment Mode
13.5.1.11.3 Rest of Middle East Crowdsourced Testing Market By Platform
13.5.1.11.4 Rest of Middle East Crowdsourced Testing Market By Organization Size
13.5.1.11.5 Rest of Middle East Crowdsourced Testing Market By Verticals
13.5.2 Africa
13.5.2.1 Africa Crowdsourced Testing Market By Country
13.5.2.2 Africa Crowdsourced Testing Market By Testing Type
13.5.2.3 Africa Crowdsourced Testing Market By Deployment Mode
13.5.2.4 Africa Crowdsourced Testing Market By Platform
13.5.2.5 Africa Crowdsourced Testing Market By Organization Size
13.5.2.6 Africa Crowdsourced Testing Market By Verticals
13.5.2.7 Nigeria
13.5.2.7.1 Nigeria Crowdsourced Testing Market By Testing Type
13.5.2.7.2 Nigeria Crowdsourced Testing Market By Deployment Mode
13.5.2.7.3 Nigeria Crowdsourced Testing Market By Platform
13.5.2.7.4 Nigeria Crowdsourced Testing Market By Organization Size
13.5.2.7.5 Nigeria Crowdsourced Testing Market By Verticals
13.5.2.8 South Africa
13.5.2.8.1 South Africa Crowdsourced Testing Market By Testing Type
13.5.2.8.2 South Africa Crowdsourced Testing Market By Deployment Mode
13.5.2.8.3 South Africa Crowdsourced Testing Market By Platform
13.5.2.8.4 South Africa Crowdsourced Testing Market By Organization Size
13.5.2.8.5 South Africa Crowdsourced Testing Market By Verticals
13.5.2.9 Rest of Africa
13.5.2.9.1 Rest of Africa Crowdsourced Testing Market By Testing Type
13.5.2.9.2 Rest of Africa Crowdsourced Testing Market By Deployment Mode
13.5.2.9.3 Rest of Africa Crowdsourced Testing Market By Platform
13.5.2.9.4 Rest of Africa Crowdsourced Testing Market By Organization Size
13.5.2.9.5 Rest of Africa Crowdsourced Testing Market By Verticals
13.6 Latin America
13.6.1 Latin America Crowdsourced Testing Market By Country
13.6.2 Latin America Crowdsourced Testing Market By Testing Type
13.6.3 Latin America Crowdsourced Testing Market By Deployment Mode
13.6.4 Latin America Crowdsourced Testing Market By Platform
13.6.5 Latin America Crowdsourced Testing Market By Organization Size
13.6.6 Latin America Crowdsourced Testing Market By Verticals
13.6.7 Brazil
13.6.7.1 Brazil Crowdsourced Testing Market By Testing Type
13.6.7.2 Brazil Crowdsourced Testing Market By Deployment Mode
13.6.7.3 Brazil Crowdsourced Testing Market By Platform
13.6.7.4 Brazil Crowdsourced Testing Market By Organization Size
13.6.7.5 Brazil Crowdsourced Testing Market By Verticals
13.6.8 Argentina
13.6.8.1 Argentina Crowdsourced Testing Market By Testing Type
13.6.8.2 Argentina Crowdsourced Testing Market By Deployment Mode
13.6.8.3 Argentina Crowdsourced Testing Market By Platform
13.6.8.4 Argentina Crowdsourced Testing Market By Organization Size
13.6.8.5 Argentina Crowdsourced Testing Market By Verticals
13.6.9 Colombia
13.6.9.1 Colombia Crowdsourced Testing Market By Testing Type
13.6.9.2 Colombia Crowdsourced Testing Market By Deployment Mode
13.6.9.3 Colombia Crowdsourced Testing Market By Platform
13.6.9.4 Colombia Crowdsourced Testing Market By Organization Size
13.6.9.5 Colombia Crowdsourced Testing Market By Verticals
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Crowdsourced Testing Market By Testing Type
13.6.10.2 Rest of Latin America Crowdsourced Testing Market By Deployment Mode
13.6.10.3 Rest of Latin America Crowdsourced Testing Market By Platform
13.6.10.4 Rest of Latin America Crowdsourced Testing Market By Organization Size
13.6.10.5 Rest of Latin America Crowdsourced Testing Market By Verticals

14 Company Profile
14.1 Bugcrowd Inc.
14.1.1 Company Overview
14.1.2 Financials
14.1.3 Product/Services/Offerings
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Global App Testing.
14.2.1 Company Overview
14.2.2 Financials
14.2.3 Product/Services/Offerings
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Nomura Research Institute, Ltd.
14.3.1 Company Overview
14.3.2 Financials
14.3.3 Product/Services/Offerings
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 EPAM Systems, Inc.
14.4.1 Company Overview
14.4.2 Financials
14.4.3 Product/Services/Offerings
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Flatworld Solutions Pvt. Ltd.
14.5.1 Company Overview
14.5.2 Financials
14.5.3 Product/Services/Offerings
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Infosys Limited.
14.6.1 Company Overview
14.6.2 Financials
14.6.3 Product/Services/Offerings
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Test Yantra Software Solutions
14.7.1 Company Overview
14.7.2 Financials
14.7.3 Product/Services/Offerings
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Cobalt Labs Inc.
14.8.1 Company Overview
14.8.2 Financials
14.8.3 Product/Services/Offerings
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Cigniti Technologies.
14.9.1 Company Overview
14.9.2 Financials
14.9.3 Product/Services/Offerings
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Testbirds.
14.10.1 Company Overview
14.10.2 Financials
14.10.3 Product/Services/Offerings
14.10.4 SWOT Analysis
14.10.5 The SNS View

15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions

16. USE Cases and Best Practices

17. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone