Global Bug Bounty Platforms Market Overview:
Bug Bounty Platforms are packages accustomed to deploying bug bounty programs. A bug bounty program could be a deal or reward offered for private people who manage to search out bugs and vulnerabilities in internet applications, effectively crowdsourcing flaws and vulnerability management. These platforms research and education making hunters publish their bug reports in order to share their knowledge.
- Automation in Managing the Deployment of Bug
- Rising Number of Bugs and Vulnerabilities in Web Applications
- Regulatory Compliances with Bug Bounty Platforms
- Surging Demand for the Bug Bounty Platforms from the IT & Telecommunication Industry in Developing Nations
- Complexities Involved with Penetration Test in Bug Bounty Platforms
Some of the key players profiled in the report are Bugcrowd (United States), Synack (United States), HackerOne (United States), Google (United States), Yes We Hack (France), HackenProof (Estonia), Cobalt (United States), Intigriti (Belgium), SafeHats (United States), Hacktrophy (Slovakia), Zerocopter (Netherlands) and PlugBounty (United States). Considering Market by Deployment, the sub-segment i.e. Cloud will boost the Bug Bounty Platforms market.
Latest Market Insights:
In 2021, Atos and Intigriti, the European leading platform for bug bounty and ethical hacking, partnered to release an end-to-end bug bounty offering for organizations. This platform will combine Intigriti's platform with Atos' cybersecurity services with such as audit, penetration testing, analysis of platform reports, vulnerability classification, monitoring, remediation.
In 2021, Google launched a new bug bounty platform to celebrate called bughunters.google.com. This allows bug hunters to submit issues with a single intake form for vulnerabilities related to Google, Android, Chrome, and Play Store.
What Can be Explored with the Bug Bounty Platforms Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bug Bounty Platforms Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bug Bounty Platforms
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bug Bounty Platforms market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bug Bounty Platforms market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bug Bounty Platforms Developer, Software Developer, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Bug Bounty Platforms Market?
The Bug Bounty Platforms market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Bug Bounty Platforms Market?
Top performing companies in the Global Bug Bounty Platforms market are Bugcrowd (United States), Synack (United States), HackerOne (United States), Google (United States), Yes We Hack (France), HackenProof (Estonia), Cobalt (United States), Intigriti (Belgium), SafeHats (United States), Hacktrophy (Slovakia), Zerocopter (Netherlands) and PlugBounty (United States), to name a few.
3. What trending factors would impact Bug Bounty Platforms Market growth most?
"Integration of Bug Finding Advanced Features in the Platform" is seen as one of major influencing trends for Bug Bounty Platforms Market during projected period 2020-2026.