Gig Based Business Market Scope
A big business is a free market system in which firms recruit independent workers for short-term commitments and temporary positions are frequent. A "gig" is a slang term for employment that lasts for a set amount of time. In recent years, there has been a shift toward a gig economy. The surge in short-term jobs is due to a number of factors. For one thing, the workforce is becoming increasingly mobile, and work is increasingly being done remotely via digital platforms. As a result, jobs and places are becoming increasingly dissociated. Employers can choose the best persons for certain projects from a bigger pool than what is available in any one area, while freelancers can choose from a variety of temporary jobs and projects all over the world. Financial demands on firms, which contribute to a flexible workforce, and the entry of the millennial age into the labor market are two more factors. People, particularly millennials, have a tendency to change employment numerous times during their working life, and the gig economy is an outgrowth of that trend. Independent contractors, online platform workers, contract firm workers, on-call workers, and temporary workers are all examples of gig workers. On-demand workers sign formal agreements with on-demand companies to provide services to their clients.
The Gig Based Business market study is segmented by Type (Website-Based and APP-Based), by Application (Freelancer, Independent Contractor, Project Worker, Part-Time and Other) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Gig Based Business market throughout the predicted period.
Guru.com (United States), Upwork (United States), BellHops (United States), HopSkipDrive (United States), Favor Delivery (United States), Freelancer (Australia), Fiverr (Israel), Hexaware (United States), TaskRabbit(United States), Rover (United States) and SimplyHired (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Gig Based Business market by Type, Application and Region.
On the basis of geography, the market of Gig Based Business has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
November 2020 – Hexaware to launch on-demand gig platform for small businesses. and September 2020- Fiverr International Ltd.the company that is changing how the world works together, is announcing the official launch of Fiverr Business™. This platform is designed for corporate teams and departments to collaborate with each other while managing projects with freelance talent and will be subscription-based.
- Businesses Save Resources in Terms of Benefits, Office Space and Training
- Many Freelance Workers in the Gig Economy find that their Status Allows them Great Flexibility
- Providers Greater Independence
- Growth Opportunities in Startup Companies
- Work from Home is Creating New Opportunities for Freelancers
- Difficult to Maintain Relationships Between Workers, Employers and Clients Long Term
Key Target AudienceGig Based Business Companies, IT Companies, Software Providers and Governmental bodies
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Gig Based Business Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.