Hackathon Market Analysis 2025: Opportunities, Challenges & Key Developments
Introduction The global hackathon market is undergoing a transformative shift, driven by the convergence of digital innovation, open collaboration, and a rapidly growing global developer community. Estimated at USD 1.52 billion in 2023 , the hackathon market is projected to reach USD 5.14 billion by 2031 , growing at a compound annual growth rate (CAGR) of 15.1% during the forecast period. As hackathons evolve from casual coding competitions into powerful engines of innovation and talent acquisition, their role in shaping the future of technology becomes undeniable. Request Sample Report PDF (including TOC, Graphs & Tables): https://www.statsandresearch.com/request-sample/40413-global-hackathon-market Hackathon Market Dynamics Key Growth Drivers One of the primary factors propelling market expansion is the strategic embrace of hackathons by corporations . Major companies use these events to stimulate in-house innovation...