1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKET SEGMENTATION 17
1.4 YEARS CONSIDERED FOR THE STUDY 17
1.5 CURRENCY CONSIDERED 18
1.6 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 BREAKUP OF PRIMARY PROFILES 20
2.1.2 KEY INDUSTRY INSIGHTS 21
2.1.3 MARKET BREAKUP AND DATA TRIANGULATION 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 TOP-DOWN APPROACH 23
2.2.2 BOTTOM-UP APPROACH 24
2.3 MARKET FORECAST 24
2.4 ASSUMPTIONS FOR THE STUDY 25
2.5 LIMITATIONS OF THE STUDY 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE CROWDSOURCED SECURITY MARKET 31
4.2 CROWDSOURCED SECURITY MARKET, BY VERTICAL AND REGION 32
4.3 CROWDSOURCED SECURITY MARKET: MAJOR COUNTRIES 32

5 MARKET OVERVIEW AND INDUSTRY TRENDS 33
5.1 MARKET OVERVIEW 33
5.2 EVOLUTION 33
5.3 MARKET DYNAMICS 34
5.3.1 DRIVERS 35
5.3.1.1 Rising security needs with digital transformation in organizations 35
5.3.1.2 Increasing need to upgrade traditional security testing methodologies 36
5.3.1.3 Growing need to meet compliance requirements 36
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5.3.2 RESTRAINTS 36
5.3.2.1 Limited scope for crowdsourced security assessment 36
5.3.2.2 Preference for preventive security measures over remedial measures 37
5.3.3 OPPORTUNITIES 37
5.3.3.1 Growth of IoT to increase the need for crowdsourced security services 37
5.3.4 CHALLENGES 37
5.3.4.1 Challenge in ensuring and maintaining crowd quality 37
5.3.4.2 Concerns over data security and confidentiality 38
5.4 INDUSTRY TRENDS 38
5.4.1 REGULATORY IMPLICATIONS 38
5.4.1.1 General data protection regulation 38
5.4.1.2 System and organization controls 2 type II compliance 39
5.4.1.3 ISO/IEC 27001 39
5.4.1.4 Payment card industry data security standard 39
5.4.1.5 Health insurance portability and accountability act 39
5.4.1.6 Federal information security management act 39
5.4.1.7 Gramm-leach-bliley act 40

6 CROWDSOURCED SECURITY MARKET, BY TYPE 41
6.1 INTRODUCTION 42
6.2 WEB APPLICATION 43
6.2.1 RISING DIGITAL TRANSFORMATION AND INCREASING VULNERABILITY ATTACKS ON WEB APPLICATIONS TO DRIVE THE GROWTH OF CROWDSOURCED SECURITY IN THE SEGMENT 43
6.3 MOBILE APPLICATION 44
6.3.1 INCREASE IN NUMBER OF MOBILE APPLICATIONS AND DEVICES TO DRIVE THE GROWTH OF CROWDSOURCED SECURITY IN THE SEGMENT 44
6.4 OTHERS 46

7 CROWDSOURCED SECURITY MARKET, BY DEPLOYMENT MODE 49
7.1 INTRODUCTION 50
7.2 CLOUD 51
7.2.1 WIDE SCALE DEPLOYMENT OF CROWDSOURCED SECURITY PLATFORMS IN CLOUD TO DRIVE GROWTH OF CLOUD SEGMENT 51
7.3 ON-PREMISES 52
7.3.1 INCREASING NUMBER OF MOBILE-BASED APPLICATIONS TO DRIVE THE GROWTH OF THE ON-PREMISES SEGMENT 52

8 CROWDSOURCED SECURITY MARKET, BY ORGANIZATION SIZE 55
8.1 INTRODUCTION 56
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES 57
8.2.1 REDUCED COSTS AND IMPROVED BUSINESS EFFICIENCY FOR SMALL AND MEDIUM-SIZED ENTERPRISES TO DRIVE THE ADOPTION OF CROWDSOURCED SECURITY IN SMALL AND MEDIUM-SIZED ENTERPRISES 57
8.3 LARGE ENTERPRISES 58
8.3.1 PRESENCE OF A LARGE AMOUNT OF SENSITIVE DATA AND LARGE-SCALE APPLICATION DEPLOYMENTS TO DRIVE THE ADOPTION OF CROWDSOURCED SECURITY SOLUTIONS IN LARGE ENTERPRISES 58

9 CROWDSOURCED SECURITY MARKET, BY VERTICAL 61
9.1 INTRODUCTION 62
9.2 TELECOM AND IT 63
9.2.1 RISING DIGITIZATION OF TELECOM AND IT SECTOR TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE IT AND TELECOM VERTICAL 63
9.3 BANKING, FINANCIAL SERVICES, AND INSURANCE 65
9.3.1 PRESENCE OF HIGHLY SENSITIVE DATA AND RISE IN SECURITY CONCERNS TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL 65
9.4 HEALTHCARE 67
9.4.1 HIGH ADOPTION OF ADVANCED TECHNOLOGIES AND SECURITY NEEDS FOR SENSITIVE DATA TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE HEALTHCARE VERTICAL 67
9.5 TRANSPORT, AND TRAVEL AND HOSPITALITY 69
9.5.1 ACCELERATING EVOLUTIONS AND INCREASED DIGITAL TRANSFORMATION TO DRIVE THE GROWTH OF CROWDSOURCED SECURITY IN TRANSPORT, AND TRAVEL AND HOSPITALITY VERTICAL 69
9.6 RETAIL 71
9.6.1 VASTLY INCREASING APPLICATIONS DUE TO THE RISING BUSINESS OPPORTUNITIES IN THE RETAIL AND ECOMMERCE SECTOR TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE VERTICAL 71
9.7 MEDIA AND ENTERTAINMENT 73
9.7.1 INCREASED CONTENT ACCESS AND SUPPLY DUE TO RAPID DIGITIZATION TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE MEDIA AND ENTERTAINMENT VERTICAL 73
9.8 OTHERS 75

10 CROWDSOURCED SECURITY MARKET, BY REGION 77
10.1 INTRODUCTION 78
10.2 NORTH AMERICA 79
10.2.1 UNITED STATES 83
10.2.1.1 Presence of leading technology companies to drive the crowdsourced security market growth in the United States 83
10.2.2 CANADA 85
10.2.2.1 Rising digital investments to drive the growth of the crowdsourced security market in Canada 85
10.3 EUROPE 87
10.3.1 UNITED KINGDOM 90
10.3.1.1 Industry-specific growth in digital transformation in the United Kingdom to drive the crowdsourced security market growth 90
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10.3.2 GERMANY 92
10.3.2.1 Rising security awareness among to drive the growth of the crowdsourced security market in Germany 92
10.3.3 FRANCE 94
10.3.3.1 Increasing cyber-crimes and rising need for securing business operations to drive the growth of the crowdsourced security market in France 94
10.3.4 ITALY 96
10.3.4.1 Rising awareness to carry out secure business functioning to drive the growth of the crowdsourced security market in Italy 96
10.3.5 REST OF EUROPE 98
10.4 ASIA PACIFIC 100
10.4.1 CHINA 104
10.4.1.1 Increased technology adoption among businesses and users to drive the growth of the crowdsourced security market in China 104
10.4.2 JAPAN 104
10.4.2.1 Dependency on ICT solutions for efficient business functioning to drive the growth of the crowdsourced security market in Japan 104
10.4.3 REST OF ASIA PACIFIC 104
10.5 MIDDLE EAST AND AFRICA 105
10.5.1 MIDDLE EAST 108
10.5.1.1 Increasing vulnerabilities to It security drive the growth of the crowdsourced security market in Middle East 108
10.5.2 AFRICA 108
10.5.2.1 Rising technology adoption in Africa drive the growth of the crowdsourced security market in Middle East 108
10.6 LATIN AMERICA 108
10.6.1 BRAZIL 111
10.6.1.1 Rising awareness about cyber-security to drive the growth of the crowdsourced security market in Brazil 111
10.6.2 MEXICO 111
10.6.2.1 Increasing cyber-attack domain to drive the growth of the crowdsourced security market in Brazil 111
10.6.3 REST OF LATIN AMERICA 111

11 COMPETITIVE LANDSCAPE 112
11.1 INTRODUCTION 112
11.1.1 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS 113
11.1.2 AGREEMENTS AND PARTNERSHIPS 114
11.2 MARKET RANKING OF KEY PLAYERS 115
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12 COMPANY PROFILES 116
(Business Overview, Products Offered, Recent Developments, MnM View)*
12.1 INTRODUCTION 116
12.2 HACKERONE 116
12.3 BUGCROWD 119
12.4 DETECTIFY 122
12.5 SYNACK 124
12.6 APPLAUSE 126
12.7 COBALT LABS 128
12.8 ZEROCOPTER 129
12.9 PLANIT 131
12.10 PASSBRAINS 132
12.11 RAINFOREST 133
*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 134
13.1 INDUSTRY EXCERPTS 134
13.2 DISCUSSION GUIDE 135
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS? SUBSCRIPTION PORTAL 139
13.4 AVAILABLE CUSTOMIZATIONS 141
13.5 RELATED REPORTS 141
13.6 AUTHOR DETAILS 142