United States Crowdsourced Security Market Expands with Cloud Segment at a robust CAGR
The United States Crowdsourced Security Market is
rising due to increased demand for scalable and diverse cybersecurity
solutions, leveraging a decentralized crowd of ethical hackers to identify and
mitigate vulnerabilities in a cost-effective and efficient manner during the
forecast period 2024-2029
According to TechSci Research report, “United States Crowdsourced Security
Market - United States Industry Size, Share, Trends, Opportunity, and
Forecast 2019-2029, The United States Crowdsourced Security Market is
witnessing substantial growth as organizations increasingly turn to
decentralized cybersecurity solutions. Leveraging the collective expertise of a
diverse crowd of ethical hackers, this market addresses the evolving threat
landscape by identifying vulnerabilities and ensuring robust cybersecurity
measures. The model offers a scalable and cost-effective alternative to
traditional penetration testing, enabling businesses to enhance their security
posture continuously. As cybersecurity risks become more sophisticated, the
crowdsourced approach provides a dynamic and comprehensive defense mechanism.
Organizations benefit from the agility of crowdsourced security in identifying
vulnerabilities across applications, networks, and systems in real-time. The
competitive landscape is driving businesses to adopt crowdsourced security
platforms to stay resilient against cyber threats, fostering innovation in the
cybersecurity sector and establishing the United States as a key player in the
global crowdsourced security market.
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spread through XX Pages and an in-depth TOC on the "United States Crowdsourced SecurityMarket"
Based on Type,
web application segment emerged as the dominant force in the United States
Crowdsourced Security Market and is anticipated to maintain its dominance
throughout the forecast period. The proliferation of web-based platforms,
coupled with the increasing complexity of online applications, has heightened
cybersecurity concerns, making web applications a primary focus for
crowdsourced security initiatives. Organizations, ranging from e-commerce
platforms to financial institutions, prioritize securing their web applications
due to the sensitive data they handle. The dynamic and diverse nature of
crowdsourced security enables effective testing across a multitude of web
applications, identifying vulnerabilities such as injection attacks, cross-site
scripting, and authentication flaws. As the digital landscape continues to
evolve, with a growing reliance on web applications for business operations and
customer interactions, the demand for crowdsourced security solutions tailored
to this segment is expected to persist. The flexibility of crowdsourced
security in addressing the unique challenges posed by web applications, coupled
with its scalability and cost-effectiveness, positions it as a key enabler for
organizations looking to fortify their online presence against an
ever-expanding array of cyber threats. Consequently, the web application
segment is poised to maintain its dominance as the preferred domain for
crowdsourced security assessments, safeguarding the integrity and security of
web-based platforms across various industries in the United States.
Based on Deployment
Mode, cloud deployment segment asserted its dominance in the United
States Crowdsourced Security Market, and this trend is anticipated to persist
throughout the forecast period. The adoption of cloud-based deployment in
crowdsourced security solutions offers unparalleled advantages in terms of
scalability, accessibility, and real-time collaboration. Cloud deployment
enables organizations to seamlessly engage with a global network of ethical
hackers, ensuring a diverse pool of talent is readily available to identify
vulnerabilities. This flexibility aligns with the dynamic nature of cyber
threats and allows organizations to conduct crowdsourced security assessments
on-demand, optimizing resource utilization. The cloud model also facilitates
continuous monitoring, real-time updates, and streamlined communication
channels, contributing to the effectiveness of crowdsourced security
initiatives. As the demand for agility, cost-effectiveness, and scalability
continues to drive organizational preferences, the cloud deployment segment is
poised to maintain its dominance in the United States Crowdsourced Security
Market, serving as the preferred choice for businesses seeking comprehensive
and efficient cybersecurity solutions. The ongoing evolution of cloud
technologies and the inherent advantages they bring to crowdsourced security
practices solidify the trajectory of cloud deployment as a pivotal force in
shaping the landscape of cybersecurity in the United States.
Key market players in the United States Crowdsourced
Security market are:-
- Bugcrowd, Inc.
- Synack, Inc.
- HackerOne, Inc.
- Cobalt (Prevailion)
- CROWDSTRIKE, Inc.
- Intigriti
- YesWeHack
- Open Bug Bounty
- Detectify
- Synopsys, Inc.
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“The United States Crowdsourced Security
Market is experiencing robust growth as organizations increasingly turn to decentralized
cybersecurity solutions. Leveraging the collective expertise of a diverse and
global community of ethical hackers, this market addresses the evolving threat
landscape by identifying and mitigating vulnerabilities. Crowdsourced security
platforms have become instrumental in providing cost-effective, scalable, and
real-time solutions for organizations seeking comprehensive cybersecurity
assessments. The model fosters continuous monitoring and agile responses to
emerging threats, enhancing overall resilience. With an emphasis on innovation,
collaboration, and a dynamic approach to cybersecurity, the United States
Crowdsourced Security Market stands at the forefront of the industry, catering
to the diverse security needs of businesses across sectors. As cybersecurity
challenges become more sophisticated, the reliance on crowdsourced security
initiatives underscores the adaptability and effectiveness of this model,
positioning it as a pivotal component in the United States' evolving
cybersecurity strategy.Top of Form”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based United States management consulting firm.
“United States
Crowdsourced Security Market By Type (Web Application, Mobile Application,
Others), By Deployment Mode (Cloud v/s On-Premises), By Organization Size
(Large Enterprises v/s SMEs), By End User Industry (BFSI, IT & Telecom,
Retail, Healthcare, Media & Entertainment, Others),
By Region, and By Competition, 2019-2029,” has evaluated the future growth
potential of United States Crowdsourced Security Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Crowdsourced Security Market.
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