Crowdsourcing Industry Overview
Crowdsourcing Industry is expected to gain significant lift with the evolution in traditional crowdsourcing methods. Novel crowdsourcing platforms enable non-profits, education and academics, and healthcare organizations to reduce management burden by introducing innovative ideas and delivering unexpected solutions to drive business. Major organizations across the globe use crowdsourcing as a translation service in order to gain consumer insights. For instance, Facebook has been using crowdsourcing platform to translate its website into different languages during their initial stages. In addition, positive impacts of crowdsourcing has led retailers, healthcare and financial institutions to leverage the power of crowdsourcing, in order to escalate their businesses.
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Top Key Venders of Market:
Some of the players operating in the Crowdsourcing Industry are 99designs, Amazon Mechanical Turk, Inc., Cad Crowd, crowdSPRING, LLC, Fiverr International Ltd.
Key market participants in the global Crowdsourcing Industry have strong focus on enhancing their offerings along with forming strategic alliances with an aim to remain competitive in the Crowdsourcing Industry. These players are rapidly launching their websites for their workers, in order to get feedbacks from customers. For instance, in 2019, Upwork introduced Upwork Plus that assists small businesses to connect securely with highly skilled freelancers and offer better visibility for job postings, dedicated dashboards for collaboration, access to exclusive community board devoted to Upwork plus customers and on demand support. In 2018, Amazon Mechanical Turk, Inc. launched its website for their employees that assists them in getting feedbacks from customers to continually add functionality to the new worker site. Constant activities carried out by major players in the global Crowdsourcing Industry act as one of the key factors, which is expected to escalate the growth of market during the forecast period.
Market Segmentation
By Platform Type
Open Services Platform
Managed Services Platform
By End Use
Non-Profit Organization
Education and Academics
Healthcare
IT and Telecommunication
Media and Entertainment
Others
By Geography
North America
U.S
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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