Crowdsourced Security market is projected to grow at a CAGR of 6% during the forecasting period 2021-2027. The mobile application segment is expected to expand at the fastest rate during the forecast period. As a large number of businesses have begun to serve their customers through mobile applications, the adoption rate of mobile applications is quickly growing.
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The growth of Android and IOS application development has led to a large number of organisations opting for security assessment solutions such as new and innovative approaches like crowdsourced security. Large enterprises are expected to hold a larger market size during the forecast period, owing to the availability of resources, budget, and decision-making bodies to adopt new and innovative approaches.
Key Market Players include Applause, HackerOne, Bugcrowd, Detectify, Synack, Applause, Cobalt Labs, Zerocopter, Planit, Passbrains, Rainforest

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