Latin America Crowdsourced Testing Market Size & Outlook
Latin America crowdsourced testing market, 2018-2030 (US$M)
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Latin America crowdsourced testing market highlights
- The Latin America crowdsourced testing market generated a revenue of USD 212.6 million in 2023.
- The market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, platform was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 212.6 million |
| Market revenue in 2030 | USD 413.7 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
| Key market players worldwide | EPAM Systems Inc, Cigniti Technologies, Testlio, Digivante, Global App Testing, Applause, Ubertesters, Crowdsprint, Testbirds, Userfeel, StarDust, Rainforest QA, msg systems AG, Mob4Hire |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global crowdsourced testing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,012.6 million by 2030.
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Crowdsourced Testing Market Scope
Crowdsourced Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America crowdsourced testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crowdsourced testing market will help companies and investors design strategic landscapes.
Platform was the largest segment with a revenue share of 69.99% in 2023. Horizon Databook has segmented the Latin America crowdsourced testing market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America crowdsourced testing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America crowdsourced testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America crowdsourced testing market size, by country, 2018-2030 (US$M)
Latin America Crowdsourced Testing Market Outlook Share, 2023 & 2030 (US$M)
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