Crowdsourcing Market

By Platform Type;

Open Service Platform and Managed Service Platform

By Industry Vertical;

Healthcare, Education & Academics, Non-Profit Organization, IT & Telecommunication, Media & Entertainment and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn321084050 Published Date: October, 2025 Updated Date: November, 2025

Crowdsourcing Market Overview

Crowdsourcing Market (USD Million)

Crowdsourcing Market was valued at USD 50,836.29 million in the year 2024. The size of this market is expected to increase to USD 451,158.05 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 36.6%.


Crowdsourcing Market

*Market size in USD million

CAGR 36.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)36.6 %
Market Size (2024)USD 50,836.29 Million
Market Size (2031)USD 451,158.05 Million
Market ConcentrationLow
Report Pages341
50,836.29
2024
451,158.05
2031

Major Players

  • Amazon Mechanical Turk
  • Upwork
  • Freelancer
  • Crowdspring
  • Topcoder
  • TaskRabbit
  • 99designs
  • Clickworker
  • CrowdFlower
  • Gigster

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Crowdsourcing Market

Fragmented - Highly competitive market without dominant players


The Crowdsourcing Market is rapidly reshaping the way organizations harness collective knowledge and global talent to achieve innovation and efficiency. Businesses increasingly adopt crowdsourcing platforms to streamline operations, reduce costs, and access creative problem-solving. Currently, more than 60% of organizations are using crowdsourcing to enhance productivity, making it a crucial component of modern enterprise strategies.

Rising Integration Into Business Models
With the expansion of digital ecosystems, crowdsourcing is being embedded into corporate frameworks at a fast pace. Around 55% of businesses now rely on it to boost innovation while cutting development cycles. Its application extends from product design to marketing campaigns, reflecting its growing importance as a collaborative tool for sustainable growth.

Cost Reduction and Resource Optimization
Companies are increasingly drawn to crowdsourcing because of its financial advantages. Reports indicate that organizations experience up to a 40% decline in operational costs when outsourcing projects through these models. By accessing a diverse workforce globally, businesses achieve scalability and operational flexibility while maintaining quality outputs.

Expanding Horizons Ahead
Looking forward, the crowdsourcing market is expected to expand significantly, with over 65% of organizations planning to extend their reliance on collaborative platforms. From software development and design to research and analytics, its scope continues to evolve. This trajectory highlights crowdsourcing as a key enabler of digital transformation and organizational advancement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Platform Type
    2. Market Snapshot, By Industry Vertical
    3. Market Snapshot, By Region
  4. Crowdsourcing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost Efficiency
        2. Access to Diverse Talent
        3. Technological Advancements
      2. Restraints
        1. Quality Control Challenges
        2. Intellectual Property Concerns
        3. Regulatory Compliance
      3. Opportunities
        1. Emerging Markets
        2. Technological Integration
        3. Innovation and Collaboration
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry
  5. Market Segmentation
    1. Crowdsourcing Market, By Platform Type, 2021 - 2031 (USD Million)
      1. Open Service Platform
      2. Managed Service Platform
    2. Crowdsourcing Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. Healthcare
      2. Education & Academics
      3. Non-Profit Organization
      4. IT & Telecommunication
      5. Media & Entertainment
      6. Others
    3. Crowdsourcing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Upwork Inc.
      2. Fiverr International Ltd.
      3. Amazon Mechanical Turk (Amazon.com, Inc.)
      4. Freelancer Limited
      5. Figure Eight Inc. (CrowdFlower)
      6. 99designs
      7. TaskRabbit, Inc.
      8. InnoCentive, Inc.
      9. Clickworker GmbH
      10. Kaggle (Google LLC)
      11. Google Crowdsource
      12. Crowdsource, Inc.
      13. Wazoku Ltd.
      14. IdeaScale
      15. Brightidea, Inc.
  7. Analyst Views
  8. Future Outlook of the Market