Industry Background:
Freelance Management Software provides a centralized repository for hiring, and payroll management for businesses employing freelancers, contractors, or independent consultants. These software can be deployed on premises or cloud. It helps to oversee the entire freelancer relationship from finding a freelancer to measuring their performance. This software provides effective freelancer screening and hiring features, onboarding solutions, work collaboration management tools, and organizes freelancer payments, expenses, and contracts. It is widely used by hiring managers in various end user industries to have onboarding solutions, As per sources, approximately 57 million Americans work as freelancers. This has increased the demand for the freelance management software globally.
This growth is primarily driven by Rising Demand For IT Professional Worldwide and Ease Of Access To Global Talent With Broad Network Access To Select The Best Choice For Labor Needs.
Globally, a noticeable market trend is evident Growing Trend For Talent-As-A-Service (Taas). The Application Software sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Spera Inc (United States), Shortlist Project Inc. (United States), Upwork Inc. (United States), Contently, Inc. (United States), Kalo Industries (United Kingdom), Freelancer Technology Pty Limited (Australia), WorkMarket, Inc (United States), Guru Software (India), OnForce (New England) and CrowdSource (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Rising Demand For IT Professional Worldwide
- Ease Of Access To Global Talent With Broad Network Access To Select The Best Choice For Labor Needs
Market Trend
- Growing Trend For Talent-As-A-Service (Taas)
Restraints
Opportunities
Huge Opportunities In Overseas Freelancing, Growing Deployment of Cloud based Freelance Management Software and Enable Freelancers And Companies To Collaborate Directly With Each Other Without Third-Party Intervention
Challenges
Authenticity of Job Providers and Large Number of Software Providers
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Freelance Management Software Study Sheds Light on
The Freelance Management Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Freelance Management Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Freelance Management Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.