The global crowdsourced testing market is anticipated to grow at a significant CAGR during the forecast period. Crowdsource testing is also known as crowd testing and is the practice of sending out prototype software and products to the expert testers rather than testing internally. It has became an alternative for traditional testing due to the faster time to market. Additionally, it exploits the benefits such as effectiveness, and efficiency of crowdsourcing and the cloud platform. The major factor driving the growth of the global crowdsourced testing market during the forecast is the increasing number of devices coupled with the increasing operating systems as well as applications. Additionally, the growing need to adopt a cost-effective software development process is anticipated to drive the adoption of crowdsourced testing technologies and services which in turn will drive the growth of the market. Furthermore, crowdsource testing services serves as a delivery model to meet customers' expectation. Hence, the growth of the market can be attributed to the increasing customer expectations for smooth application and web performance.
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Impact of COVID-19 Pandemic on Global Crowdsourced Testing Market
The COVID-19 pandemic had impacted the global crowdsourced testing market to a great extent. During COVID-19, as of May 2020, 212 countries had been impacted by the pandemic, and the governments of these countries had ordered nationwide lockdowns which shut down operations of various companies. Additionally, the computer and software industry was also affected due to the COVID-19 pandemic which affected the businesses in the US and Europe who are dependent on India for IT-based solutions which in turn affected the market. However, as the COVID-19 situation normalizes, the global crowdsourced testing market started to recover due to the integration of the latest technologies with the traditional software along with government initiatives to deploy the latest technologies.
Segmental Outlook
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 and mobile applications. 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.
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)
Market Players Outlook
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 June 2020, Qualitest launched Qualisense to expand its AI-Powered Software Testing and Quality Analysis (QA) Toolkit globally. Qualisense uses advanced technologies such as Machine Learning (ML) to support companies enhance software development strategies, streamlining testing, and reducing the costs of ensuring software quality.
The Report Covers
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global crowdsourced testing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
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