World’s Top 50 Companies in Crowdsourced Security in 2025 Watchlist: Statistical Report (2024–2035)

RELEASE DATE: Aug 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global Crowdsourced Security Market Size is projected to Grow from USD 10.78 Billion in 2024 to USD 58.98 Billion by 2035, at a CAGR of 16.71% during the forecast period 2025–2035

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Description

According to a research report published by Spherical Insights & Consulting, The Global Crowdsourced Security Market Size is projected to Grow from USD 10.78 Billion in 2024 to USD 58.98 Billion by 2035, at a CAGR of 16.71% during the forecast period 2025–2035. The market for crowdsourced security is a dynamic one, with a number of noteworthy developments influencing its expansion.  Crowdsourced security platforms offer the real-time threat detection and response capabilities that are in high demand due to the growing sophistication of cyber threats.   

 

 

Introduction

The crowdsourced security market involves leveraging a global community of ethical hackers, researchers, and security experts to identify and resolve cybersecurity vulnerabilities. The traditional security models, it provides continuous, real-time testing across diverse attack vectors. The faster threat detection, cost-effective vulnerability management, and access to a broad talent pool. This approach enhances resilience against evolving cyber threats. The finance, healthcare, and government, where data protection is critical. Crowdsourced platforms also support compliance with security standards. The unmatched ability of crowdsourcing to detect and address vulnerabilities is a major driver of the United States crowdsourced security market. Governments are increasingly adopting or endorsing bug bounty programs and ethical hacking frameworks. Initiatives like the U.S. Department of Defense’s “Hack the Pentagon” reflect growing recognition of crowdsourcing as a vital component of national and organizational cybersecurity strategies.

 

Navigate Future Markets with Confidence: Insights from Spherical Insights LLP

The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

Unlock exclusive market insights-Download the Brochure now and dive deeper into the future of the Crowdsourced Security Market.

 

Crowdsourced Security Market Size & Statistics

The Market Size for Crowdsourced Security Was Estimated to be worth USD 10.78 Billion in 2024.

The Market Size is Going to Expand at a CAGR of 16.71% between 2025 and 2035.

The Global Crowdsourced Security Market Size is anticipated to reach USD 58.98 Billion by 2035.

The United States Crowdsourced Security Market Size is Growing at a CAGR of 7.9% from 2023 to 2033.

North America is expected to generate the highest demand during the forecast period in the Crowdsourced Security Market

Asia Pacific is expected to grow the fastest during the forecast period in the Crowdsourced Security Market.

 

 

Regional growth and demand              

Asia-Pacific is expected to grow the fastest during the forecast period in the Crowdsourced Security market.  The rapid digital transformation, increased internet penetration, and a surge in cyber threats across emerging economies. The supportive government policies, growing awareness of ethical hacking, and expansion of tech startups contribute to market growth. The region’s vast talent pool also supports the rise of crowdsourced platforms for agile, scalable security solutions.

 

North America is expected to generate the highest demand during the forecast period in the Crowdsourced Security market. Its mature cybersecurity infrastructure, high adoption of digital technologies, and increasing frequency of sophisticated cyberattacks. Government initiatives such as bug bounty programs by the Department of Defense and active collaboration with ethical hackers drive demand. Strong regulatory frameworks also encourage proactive vulnerability detection and crowdsourced security adoption.

 

Top 10 trends in the Crowdsourced Security Market

  • Rise of Bug Bounty Programs
  • Integration with DevSecOps
  • AI-Powered Vulnerability Triage
  • Increased Adoption by SMEs
  • Specialized Hacker Communities
  • Government-Backed Initiatives
  • Focus on Compliance & Regulation
  • Growth in Emerging Markets
  • Enhanced Platform Transparency
  • Expansion Beyond Web & Mobile

 

1. Rise of Bug Bounty Programs

The enabling organizations to proactively identify vulnerabilities by engaging global ethical hackers. These programs offer financial rewards for responsibly disclosed security flaws, making them cost-effective and scalable alternatives to traditional testing. Tech giants and governments alike, such as Google and the U.S. Department of Defense, have adopted bug bounty initiatives.

 

2. Integration with DevSecOps

The combining development, security, and operations, organizations can continuously test code through ethical hacker communities, identifying vulnerabilities early and reducing remediation costs. This approach ensures faster, more secure software releases while maintaining agility. Crowdsourced platforms complement DevSecOps by offering scalable, real-time insights from diverse security researchers, aligning with the shift toward automation, continuous integration, and proactive defense in modern cybersecurity practices.

 

3. AI-Powered Vulnerability Triage

The growing volume of submissions from ethical hackers, AI tools help organizations efficiently filter false positives and focus on high-risk issues. This enhances response times, reduces manual workload, and increases the overall effectiveness of bug bounty programs. By integrating AI with crowdsourced platforms, companies can scale security efforts, improve accuracy, and strengthen their defenses against increasingly sophisticated cyber threats.

 

4. Increased Adoption by SMEs

SMEs, often lacking large in-house cybersecurity teams, turn to bug bounty and ethical hacking platforms for affordable, scalable protection. These solutions offer access to global security talent, enabling continuous vulnerability discovery and threat mitigation. As cyberattacks increasingly target smaller businesses, SMEs recognize the value of proactive security testing.

 

5. Specialized Hacker Communities

The groups offer advanced insights and tailored testing approaches that go beyond general vulnerability detection. As cyber threats become more complex, organizations increasingly rely on these communities for precision-driven security assessments. Their contributions enhance the effectiveness of crowdsourced platforms, enabling faster identification of sophisticated flaws and helping companies secure highly specific technologies in rapidly evolving digital landscapes.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the crowdsourced security market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 12 Companies Leading the Crowdsourced Security Market

  1. HackerOne
  2. Bugcrowd
  3. Synack
  4. YesWeHack
  5. Intigriti
  6. Cobalt
  7. Open Bug Bounty
  8. Detectify
  9. BountyFactory (by YesWeHack)
  10. Crowdcurity (merged with Cobalt)
  11. SafeHats
  12. Zerocopter
  13. Others

 

1. HackerOne

Headquarters: San Francisco, California, United States.

The most widely used platforms for bug bounty programs and vulnerability disclosure. By connecting organizations with a global network of ethical hackers, HackerOne helps identify and remediate security flaws before they can be exploited. Trusted by governments, tech giants, and enterprises, it enables proactive cybersecurity through continuous, community-driven testing.

 

2. Bugcrowd

Headquarters: San Francisco,United States.

A platform that connects organizations with a vetted global community of ethical hackers. It provides bug bounty, vulnerability disclosure, and penetration testing services, helping businesses detect and fix security issues faster and more cost-effectively. With strong emphasis on automation, triage support, and compliance, Bugcrowd serves industries like finance, healthcare, and government.

 

3. Synack

Headquarters: Redwood City, California

The unique “Red Team” platform connects trusted ethical hackers with organizations to provide continuous, on-demand penetration testing. Unlike traditional bug bounty models, Synack offers a managed, secure environment with rigorous vetting of researchers, making it ideal for enterprises and government agencies. This hybrid approach ensures high-quality, scalable security assessments while maintaining control, compliance, and speed, positioning Synack as a trusted leader in proactive cybersecurity.

 

4. YesWeHack

Headquarters: Paris

The connects organizations with a global community of ethical hackers to identify and resolve vulnerabilities efficiently. Known for its strong focus on privacy, transparency, and regulatory alignment, YesWeHack is ideal for companies operating in sensitive sectors. Its platform supports continuous security testing and vulnerability disclosure, helping businesses strengthen cyber defenses in a scalable, compliant, and cost-effective manner.

 

5. Intigriti         

Headquarters: Antwerp, Belgium.

 Intigriti serves enterprises across fintech, e-commerce, and government sectors. Its platform supports real-time reporting, detailed triage, and customizable bug bounty programs. By combining transparency, scalability, and top-tier researcher talent, Intigriti helps organizations enhance cybersecurity while aligning with strict privacy regulations.

 

Are you ready to discover more about the Crowdsourced Security market?

The report provides an in-depth analysis of the leading companies operating in the global crowdsourced security market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

  1. HackerOne
  • Business Overview
  • Company Snapshot
  • Products Overview
  • Company Market Share Analysis
  • Company Coverage Portfolio
  • Financial Analysis
  • Recent Developments
  • Merger and Acquisitions
  • SWOT Analysis
  1. Bugcrowd
  2. Synack
  3. YesWeHack
  4. Intigriti
  5. Cobalt
  6. Open Bug Bounty
  7. Detectify
  8. BountyFactory (by YesWeHack)
  9. Crowdcurity (merged with Cobalt)
  10. SafeHats
  11. Zerocopter
  12. Others

 

Conclusion

The crowdsourced security market is gaining momentum globally as organizations seek agile, cost-effective ways to strengthen cyber defenses. Leveraging global ethical hacker communities enables real-time vulnerability detection and faster threat response. Asia-Pacific leads in growth due to digital expansion and supportive policies, while North America dominates in demand, driven by advanced infrastructure and government initiatives. With rising cyber threats and strict compliance needs, crowdsourced security is emerging as a critical strategy for resilient, scalable, and proactive cybersecurity across industries and regions.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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