Small And Medium Sized Enterprises (SMEs) - Crowdsourced Testing Market Statistics
The global small and medium sized enterprises (smes) crowdsourced testing market was valued at US$ 1,196.0 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 13.4% from 2024 to 2030.
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Small and Medium Sized (SMEs) - Crowdsourced testing market highlights
- The global small and medium sized enterprises (smes) segment generated a revenue of USD 1,075.6 million in 2023 and is expected to reach USD 2,506.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.1% by 2030.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 1,075.6 million |
| Market revenue in 2030 | USD 2,506.0 million |
| Growth rate | 13.1% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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