Crowdsourced Security Market Size Forecast to Reach $138.9 Million by 2025
Posted on Jul 10 2020 1:03 PM "Rising Security Needs With Digital Transformation in Organizations Driving the Growth of Crowdsourced Security Market." The Crowdsourced Security Market size is forecast to reach $138.9 million by 2025, growing at a CAGR of 9.1% from 2020 to 2025. The crowdsourced security market is majorly driven by the increasing number of cyber-attacks and threats from hackers, digital transformation, compliance, privacy and data protection and so on. In Crowdsourced security model, ethical hackers from around the world will test the application and report any bug in return for recognition, or a cash reward per bug. The rising demand from the Automotive sector for electronic control unit due to rising connected device deployment driving SDLC integration as well as increased intrusion detection demand will propel the crowdsourced security industry. Type - Segment Analysis By type, crowdsourced security market is segmented into public crowds and public crowds...