Crowd-Sourced Data Collection Market Analysis

The market is segmented by end user into healthcare, education, non-profit organization, IT & telecommunication, media, and others, out of which, the IT & telecommunication segment is anticipated to hold the largest share in the crowd-sourced data collection market on account of the benefits offered by crowd sourcing in launching software updates for improving performance, fixing bugs and enhancing security of computer programs. In addition, the media segment is assessed to observe the highest growth over the forecast period owing to the growing usage of crowd-sourced data collection for marketing and public relations in finding the right target audience. Moreover, on the basis of platform type, the managed service platform segment is predicted to witness a significant growth over the forecast period, which can be ascribed to the ability of managed services to expand or upgrade systems as per need, without the need to hire or train employees.

Our in-depth analysis of the global market includes the following segments:

By Platform Type	Open Service Platform Managed Service Platform
By End User	Healthcare Education Non-Profit Organization IT & Telecommunication Media Others

Frequently Asked Questions (FAQ)

Crowd-Sourced Data Collection Market size is poised to grow at substantial growth rate during the forecast period i.e., between 2024-2036.

The market growth is driven by increasing implementation of artificial intelligence into crowd sourcing platforms and growing advancements in crowd-sourced data collection techniques.

Asia Pacific is anticipated to dominate majority revenue share by 2036, on the back of increasing technological developments in data crowdsourcing, and growing establishment of startups in the ICT sector of the region.

The major players in the market are SoundHound Inc., Uber Technologies Inc., Kaggle Inc., Ponoko Inc., Mechanical Turk, Inc., and others.

Crowd-Sourced Data Collection Market Analysis