1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.2.1 INCLUSIONS AND EXCLUSIONS 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
2.2 MARKET BREAKUP AND DATA TRIANGULATION 22
2.3 MARKET SIZE ESTIMATION 22
2.3.1 TOP-DOWN APPROACH 23
2.3.2 BOTTOM-UP APPROACH 24
2.4 MARKET FORECAST 24
2.5 ASSUMPTIONS FOR THE STUDY 25
2.6 LIMITATIONS OF THE STUDY 25

3 EXECUTIVE SUMMARY 26

4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE CROWDSOURCED SECURITY MARKET 30
4.2 CROWDSOURCED SECURITY MARKET, BY VERTICAL AND REGION 30
4.3 CROWDSOURCED SECURITY MARKET: MAJOR COUNTRIES 31

5 MARKET OVERVIEW AND INDUSTRY TRENDS 32
5.1 MARKET OVERVIEW 32
5.2 EVOLUTION 32
5.3 MARKET DYNAMICS 33
5.3.1 DRIVERS 34
5.3.1.1 Rising security needs with digital transformation in organizations 34
5.3.1.2 Increasing need to upgrade traditional security testing methodologies 35
5.3.1.3 Growing need to meet compliance requirements 35
5.3.2 RESTRAINTS 35
5.3.2.1 Limited scope for crowdsourced security assessment 35
5.3.2.2 Preference for preventive security measures over remedial measures 36
5.3.3 OPPORTUNITIES 36
5.3.3.1 Growth of IoT to increase the need for crowdsourced security services 36
5.3.4 CHALLENGES 36
5.3.4.1 Challenge in ensuring and maintaining crowd quality 36
5.3.4.2 Concerns over data security and confidentiality 37
5.4 INDUSTRY TRENDS 37
5.4.1 REGULATORY IMPLICATIONS 37
5.4.1.1 General data protection regulation 37
5.4.1.2 System and organization controls 2 type II compliance 38
5.4.1.3 ISO/IEC 27001 38
5.4.1.4 Payment card industry data security standard 38
5.4.1.5 Health insurance portability and accountability act 38
5.4.1.6 Federal information security management act 38
5.4.1.7 Gramm-leach-bliley act 39

6 CROWDSOURCED SECURITY MARKET, BY TYPE 40
6.1 INTRODUCTION 41
6.2 WEB APPLICATION 42
6.2.1 RISING DIGITAL TRANSFORMATION AND INCREASING VULNERABILITY ATTACKS ON WEB APPLICATIONS TO DRIVE THE GROWTH OF CROWDSOURCED SECURITY MARKET IN THE SEGMENT 42
6.3 MOBILE APPLICATION 44
6.3.1 INCREASE IN NUMBER OF MOBILE APPLICATIONS AND DEVICES TO DRIVE THE GROWTH OF CROWDSOURCED SECURITY MARKET IN THE SEGMENT 44
6.4 OTHERS 45

7 CROWDSOURCED SECURITY MARKET, BY DEPLOYMENT MODE 48
7.1 INTRODUCTION 49
7.2 CLOUD 50
7.2.1 WIDE SCALE DEPLOYMENT OF CROWDSOURCED SECURITY PLATFORMS IN CLOUD TO DRIVE GROWTH OF CLOUD SEGMENT 50
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 54
8.1 INTRODUCTION 55
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES 56
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 56
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 60
9.1 INTRODUCTION 61
9.2 TELECOM AND IT 62
9.2.1 RISING DIGITIZATION OF TELECOM AND IT VERTICAL TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE IT AND TELECOM VERTICAL 62
9.3 BANKING, FINANCIAL SERVICES, AND INSURANCE 64
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 (BFSI) VERTICAL 64
9.4 HEALTHCARE 66
9.4.1 HIGH ADOPTION OF ADVANCED TECHNOLOGIES AND NEED FOR SECURING SENSITIVE DATA TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE HEALTHCARE VERTICAL 66
9.5 TRANSPORT, AND TRAVEL AND HOSPITALITY 68
9.5.1 ACCELERATING IT EVOLUTION AND INCREASING DIGITAL TRANSFORMATION TO DRIVE THE GROWTH OF CROWDSOURCED SECURITY MARKET IN TRANSPORT, AND TRAVEL AND HOSPITALITY VERTICAL 68
9.6 RETAIL 70
9.6.1 INCREASING APPLICATIONS DUE TO THE RISING BUSINESS OPPORTUNITIES IN THE RETAIL AND ECOMMERCE VERTICAL TO DRIVE THE GROWTH OF THE CROWDSOURCED SECURITY MARKET IN THE VERTICAL 70
9.7 MEDIA AND ENTERTAINMENT 72
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 72
9.8 OTHERS 74

10 CROWDSOURCED SECURITY MARKET, BY REGION 76
10.1 INTRODUCTION 77
10.2 NORTH AMERICA 78
10.2.1 UNITED STATES 82
10.2.1.1 Presence of leading technology companies to drive the crowdsourced security market growth in the United States 82
10.2.2 CANADA 84
10.2.2.1 Rising digital investments to drive the growth of the crowdsourced security market in Canada 84
10.3 EUROPE 86
10.3.1 UNITED KINGDOM 89
10.3.1.1 Industry-specific growth in digital transformation in the United Kingdom to drive the crowdsourced security market growth 89
10.3.2 GERMANY 91
10.3.2.1 Rising security awareness to drive the growth of the crowdsourced security market in Germany 91
10.3.3 FRANCE 93
10.3.3.1 Increasing cybercrimes and rising need for securing business operations to drive the growth of the crowdsourced security market in France 93
10.3.4 ITALY 95
10.3.4.1 Rising awareness to carry out secure business functioning to drive the growth of the crowdsourced security market in Italy 95
10.3.5 REST OF EUROPE 97
10.4 ASIA PACIFIC 99
10.4.1 CHINA 103
10.4.1.1 Increased technology adoption among businesses and users to drive the growth of the crowdsourced security market in China 103
10.4.2 JAPAN 103
10.4.2.1 Dependency on ICT solutions for efficient business functioning to drive the growth of the crowdsourced security market in Japan 103
10.4.3 REST OF ASIA PACIFIC 103
10.5 MIDDLE EAST AND AFRICA 104
10.5.1 MIDDLE EAST 106
10.5.1.1 Increasing vulnerabilities of IT security infrastructure to drive the growth of the crowdsourced security market in Middle East 106
10.5.2 AFRICA 106
10.5.2.1 Rising technology adoption in Africa to drive the growth of the crowdsourced security market in Africa 106
10.6 LATIN AMERICA 107
10.6.1 BRAZIL 109
10.6.1.1 Rising awareness of cybersecurity to drive the growth of the crowdsourced security market in Brazil 109
10.6.2 MEXICO 109
10.6.2.1 Increasing cyberattacks to drive the growth of the crowdsourced security market in Mexico 109
10.6.3 REST OF LATIN AMERICA 109

11 COMPETITIVE LANDSCAPE 110
11.1 INTRODUCTION 110
11.2 COMPETITIVE SCENARIO 111
11.2.1 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS 111
11.2.2 AGREEMENTS AND PARTNERSHIPS 112
11.3 MARKET RANKING OF KEY PLAYERS 113
12 COMPANY PROFILES 114
12.1 INTRODUCTION 114
(Business Overview, Solutions, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.2 HACKERONE 114
12.3 BUGCROWD 117
12.4 DETECTIFY 120
12.5 SYNACK 122
12.6 APPLAUSE 124
12.7 COBALT LABS 125
12.8 ZEROCOPTER 126
12.9 PLANIT 127
12.10 PASSBRAINS 128
12.11 RAINFOREST 129
*Details on Business Overview, Solutions. Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 130
13.1 INDUSTRY EXCERPTS 130
13.2 DISCUSSION GUIDE 131
13.3 KNOWLEDGE STORE:  134
13.4 AVAILABLE CUSTOMIZATIONS 136
13.5 RELATED REPORTS 136
13.6 AUTHOR DETAILS 137