Global Crowd-Sourced Data Collection Market Size, Forecast, and Trend Highlights Over 2025-2037
Crowd-Sourced Data Collection Market size was valued at USD 4.6 billion in 2024 and is projected to reach USD 17.5 billion by the end of 2037, expanding at a CAGR of 10.4% during the forecast period, i.e., 2025-2037. In 2025, the industry size of crowd-sourced data collection is evaluated at USD 4.6 billion.
The crowd-sourced data collection market’s growth is shaped by a complex global supply chain spanning transmission, collection, procession, and data distribution. Major components in this supply chain include sensor hardware, communication networks, and cloud infrastructure which facilitate the analysis as well as gathering of data. The assembly lines of crowd-sourced data collection tools, such as wearable tech and mobile device are reliant on imports from regions such as Taiwan and South Korea. The import and export data highlights that in 2023, the U.S. alone imported over USD 300 billion worth of semiconductors.
In terms of the economic indicators of the sector, the Producer Price Index (PPI) for electronics manufacturing has risen over the past few years. For instance, the higher costs of raw materials and supply chain disruptions ushered by geopolitical factors caused the PPI for electronic components to expand by 5.5%. Simultaneously, the Consumer Price Index (CPI) for personal technology devices, such as mobile phones and wearables, has reflected a moderate increase of 3.0% in the same year. The changes are due to the costs incurred in the distribution and manufacturing of crowd-sourced data collection tools.
Additionally, the market is currently undergoing transformation due to sustained investments in infrastructure and technology. A vital aspect of this development is the deployment of AI-powered analytics that have improved the accuracy of data collection. Additionally, with the deployment of 5G networks becoming more widespread, the efficiency of data transfer across devices is poised to improve. The market is expected to maintain its growth throughout the forecast period by leveraging a set of favorable trends conducive to its expansion.
