Global Online Freelance Market Size, Share, Growth Analysis, By Application(Freelancer, Large enterprises), By Type(Web-based annd Cloud-based)

Description

Online Freelance Market size was valued at USD 1.5 trillion in 2021 and is poised to grow from USD 1.71 trillion in 2022 to USD 5.5 trillion by 2030, growing at a CAGR of 14.2% in the forecast period (2023-2030).

An online platform dedicated to assisting professionals in connecting with clients and engaging in collaborative work is known as a freelance platform. These versatile platforms serve multiple purposes, including client acquisition, project management, and the recruitment of skilled freelancers in technical or creative fields. Examples of renowned freelance marketplaces include Upwork, Guru, and Fiverr. Among these, Upwork stands as the largest, boasting over 2 million registered users globally. When selecting a freelance platform that best suits individual needs, there are several vital factors to take into account. These include the accessibility of the user interface, the effectiveness of the client feedback system, the range of payment processing options available, and the utility of contractor management tools. It is imperative to consider these aspects carefully to ensure a seamless and successful freelance experience.

Segments covered in this report:

The global online freelance market can be categorized based on its application, type, and region. In terms of application, the market is divided into Freelancers, Large Enterprises, and Small and Medium Enterprises. When considering the type, the market is segmented into web-based and cloud-based platforms. Geographically, the market is distributed across regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa (MEA).

Driver

The global online freelance market is witnessing significant growth, largely attributed to the increasing number of women participating in the industry. This trend is driven by brave and self-assured women who choose to work from home, challenging traditional expectations. Online freelancing has become a popular choice for women who may have personal reasons that prevent them from leaving their homes for work. Recent research by Payoneer revealed that approximately one out of every five freelancers is a woman, highlighting the rising prominence of female professionals in this sector.

Restraints

The primary obstacle hindering the growth of the global online freelance market is the significant upfront cost linked to its implementation and integration.

Market trend

A prominent trend in the global online freelance market is the adoption of blockchain-based platforms like Getdone. This platform facilitates connections between highly trusted freelancers within the blockchain industry worldwide. Getdone is dedicated to the belief in the future potential of business, technology, and innovation. It serves not only various industries but also specifically focuses on the blockchain sector. This comprehensive application provides a diverse pool of blockchain freelancers, offering clients the opportunity to find professionals for tasks such as web/app development, translation, copywriting, design, internet marketing, and community management.

Product Code: SQMIG45A2055

Executive Summary
- Market Overview
- Wheel of Fortune
Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
Market Dynamics & Outlook
- Market Dynamics
Drivers
Opportunities
Restraints
Challenges
- Regulatory Landscape
- Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Online Freelance Market by Application
- Market Overview
- Freelancer
- Large enterprises
- Small & medium enterprises
Global Online Freelance Market by Type
- Market Overview
- Web-based annd Cloud-based
Global Online Freelance Market Size by Region
- Market Overview
- North America
USA
Canada
- Europe
Germany
Spain
France
UK
Rest of Europe
- Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
- Latin America
Brazil
Rest of Latin America
- Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
By Development
By Company
By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
Key Company Profiles
- Upwork Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Freelancer.com
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Fiverr International Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Toptal LLC
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- PeoplePerHour Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Guru.com
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- 99designs Pty Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Simply Hired Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Task Rabbit Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Designhill Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Nabbesh FZ LLC
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Truelancer.com
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Hirable Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Textbroker International LLC
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Skyword Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Aquent LLC
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- D
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Online Freelance Market Size, Share, Growth Analysis, By Application(Freelancer, Large enterprises), By Type(Web-based annd Cloud-based) - Industry Forecast 2023-2030

Description

Table of Contents

Table of Contents