LeapZipBlog: Market-NewsFlash's blog: Crowdsourced Testing Market To Garner Exponential Growth By 2025: Global Forecast News ($2.85 Billion Market)

Crowdsourced Testing Market To Garner Exponential Growth By 2025: Global Forecast News ($2.85 Billion Market)

November 22, 2019 by Market-NewsFlash  

Global Crowdsourced Testing Market Research Report: By Type (Functional Testing, Security Testing, Usability Testing, Localization Testing, Others), By Platform (Mobile Based, Web-Based, Others), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Vertical (BFSI, IT & Telecommunication, Retail and Consumer Goods, Healthcare & Life Sciences, Media & Entertainment, Others) by Region — Forecast till 2025

Crowdsourced Testing Marketv Overview

The Global Crowdsourced Testing Market is expected to reach USD 2.85 billion by 2025, registering a CAGR of 8.2% during the forecast period 2019–2025. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.

The increasing need to manage quality assurance of software for better customer experience and growing demand for cost-effective software development process are key factors driving the growth of the crowdsourced testing market. In recent years, the testing procedure has undergone several changes. Till now, software/app or website testing was largely done internally. However, such practice was not that comprehensive and cost-effective for the enterprise, which led to complexities. Also, the internal testing process was time-consuming leading to irregularities in time to market. With crowdsourcing testing, enterprises can get receive feedback about their website, software or application in much less time and at comparatively low cost. 

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Moreover, since crowdsourcing testing gives the opportunity to the enterprises to receive testing feedback from a community of expert testers, the entire testing process becomes more comprehensive and correct. Nowadays, a large number of startups and even big firms are looking for crowdsourcing testing solution. Companies like Uber, Spotify, Microsoft Corporation, Google Inc., and Saatva among others have been using crowdsourcing testing solutions in order have an efficient quality assurance process for their apps, website, and software. Due to the growing demand for crowdsourcing testing solution among enterprises, the market is significantly growing. Moreover, it is expected that, with growing competition across industry verticals and the need to reach market faster, crowdsourcing testing solutions are expected to be adopted, and boost the market in forecast period as well.

Competitive Analysis

The prominent players operating in the crowdsourced testing market are Global App Testing, test IO Inc., Applause App Quality, Inc., Crowdsprint, Testbirds GmbH, QualiTest Group, qainfotech.com, Rainforest, Digivante, Synack.com, Infosys Limited, Bugcrowd, Planit Testing, Flatworld Solutions Pvt. Ltd, and Crowdsourced Testing SpA

Regional Analysis

The regional analysis for the global crowdsourced testing has been conducted for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.

The market in North America accounted for the largest market share in 2018, and it is expected to register strong growth during the forecast period. The key driving factors for the growth of the crowdsourced testing market in the region include the growing demand for crowdsourcing testing solutions among enterprises operating in the US, Canada, and Mexico.

The market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. For the purpose of analysis, Asia-Pacific has been categorized into China, Japan, India, and the rest of Asia-Pacific. This growth can be attributed to the growing number of tech companies in the region and their need for efficient quality assurance of software, apps, or website.

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