Industry Background:
Crowdsourced Testing includes deferring software testing duties through an internet platform to a group of expert quality assurance testers. It is an effective means of streamlining interactive software manufacturing and enhancing developers ‘ internet and software goods. The influence of the COVID-19 pandemic on the IT industry is expected to be worse than the global financial crisis (GFC). The economic loss owing to Covid-19 has projected to in turn affect spending on IT by clients, The fear is justified, considering the US and Europe, which together account for more than two-thirds of India’s IT exports, are among the worst affected geographies by the pandemic. Clients could significantly reduce their IT spending this year, which consequently would have an impact on the Crowdsourced Testing Market. The key driving factors for the market include increasing digital transformation, the increasing necessity of organizations to improve the user experience for competing in today’s global market, and building brand awareness, hence helping organizations to adopt methods for releasing their websites or mobile apps to the public fast.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Infosys (India), Planit (Australia), Applause (United States), Bugcrowd (United States), Cobalt Labs (United States), Crowdsourced Testing (Canada), Flatworld Solutions (India), Global App Testing (United Kingdom), Qualitrix (India) and QA Infotech (India) |
According to AMA, the market for Crowdsourced Testing is expected to register a CAGR of 10.7% during the forecast period to 2027. This growth is primarily driven by The requirement for Cost-Effective Software Development Process and A surge in the adoption of the crowdsourced testing methods over the traditional testing methods as it allows execution of testing from multiple testers from multiple locations.
Globally, a noticeable market trend is evident Increase in the Number of Devices, Operating Systems, and Applications
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Infosys (India), Planit (Australia), Applause (United States), Bugcrowd (United States), Cobalt Labs (United States), Crowdsourced Testing (Canada), Flatworld Solutions (India), Global App Testing (United Kingdom), Qualitrix (India) and QA Infotech (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 26th Feb 2020 - Applause, announced a new partnership with Infosys, a global leader in next-generation digital services and consulting, to provide broader end-to-end digital experience testing services to clients. The partnership combines Infosys’ behind-the-firewall validation with Applause’s white-glove crowd testing approach to deliver tangible results for clients across three focus areas - getting closer to customers, increasing development velocity, and delivering high-quality digital experiences.
In April 2019, test IO partnered with Saatva, a global eCommerce company, for helping them funnel the testing process. With this integration, Saatva was able to scale-up its defects, addressing up to 10 bugs per week, and providing the company with a successful customer experience program.
Influencing Trend:
Increase in the Number of Devices, Operating Systems, and Applications and Need for Scaling Quality Assurance of Software to Enhance Customer Experience
Market Growth Drivers:
The requirement for Cost-Effective Software Development Process and A surge in the adoption of the crowdsourced testing methods over the traditional testing methods as it allows execution of testing from multiple testers from multiple locations
Challenges:
Managing the Crowd to Achieve Efficiency in Testing and Concerns Over Data Security and Confidentiality
Restraints:
Concerns Over Data Privacy Regulations Across the Globe
Opportunities:
Growth of IoT to Increase the Need for End-User Testing Services and Adoption of Cloud Computing to Enhance Device Virtualization and Tester Support
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Crowdsourced Testing Market
- Analysis about New Entrants in Crowdsourced Testing Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Crowdsourced Testing Study Sheds Light on
The Crowdsourced Testing Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Crowdsourced Testing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Crowdsourced Testing industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.