Crowdsourced security market - PowerPoint PPT Presentation

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Crowdsourced security market

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The Crowdsourced Security market size is forecast to reach $136.5 million by 2026, growing at a CAGR of 8.8% from 2021 to 2026. The crowdsourced security market is majorly driven by the increasing number of cyber-attacks and threats from hackers, digital transformation, web application, mobile application and cyber security compliance, privacy and data protection, and so on. – PowerPoint PPT presentation

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Title: Crowdsourced security market


1
Crowdsourced Security MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The Crowd sourced Security market size is
    forecast to reach 136.5 million by 2026, growing
    at a CAGR of 8.8 from 2021 to 2026. The crowd
    sourced security market is majorly driven by the
    increasing number of cyber-attacks and threats
    from hackers, digital transformation, web
    application, mobile application and cyber
    security compliance, privacy and data protection,
    and so on.
  • In Crowd sourced security model, ethical hackers
    from around the world will test the application
    and report any bug in return for recognition, or
    a cash reward per bug (bug bounty). The rising
    demand from the Automotive sector for electronic
    control unit due to rising connected device
    deployment driving SDLC integration as well as
    increased intrusion detection demand will propel
    the crowd sourced security industry.

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3
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  • Key Takeaways
  • The Crowdsourced Security Market in APAC is
    highly dominated due to the early adoption of
    advanced technologies, such as cloud, helping
    crowdsourced security service providers to
    implement efficient crowdsourced security
    solutions.
  • Rising security needs with digital transformation
    in enterprises among various verticals are
    leading towards the rapid adoption of
    crowdsourced security solutions, hence thriving
    the market growth.
  • The main challenge for Crowdsourced Security is
    the concern for confidentiality and privacy,
    which increases the vulnerability of hackers,
    further hindering the growth of the Crowdsourced
    Security Market.

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4
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By Distribution Channel- Segment Analysis APAC
is estimated to grow at the highest CAGR of 9.9
during the forecast period, due to the widespread
adoption of emerging technologies, such as cloud
computing, along with the fast-paced adoption of
online services, making a vast scope for
cyber-attackers from across the globe to cause
harm to their systems, leading more organizations
to adopt crowdsourced security solutions.
Moreover, the presence of growing economies, such
as China and India that are rapidly implementing
latest technologies due to the increasing
internet penetration and improving customer
demand adopting new approaches to securing their
systems and applications is considered to be a
key factor for the growth of the crowdsourced
security market in the region.
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5
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  • Crowdsourced Security Market Industry Outlook 
  • Applause (US),
  • Bugcrowd Inc. (US),
  • Cobalt Labs Inc. (US),
  • Detectify (Sweden),
  • HackerOne (US),
  • Passbrains (Germany),
  • Planit (US),
  • Rainforest (US),
  • Synack (US),
  • Zerocopter (Netherlands)

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6
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Crowdsourced Security Market Forecast (2021 -
2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/1854
1/crowdsourced-security-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id18541

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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