Global Freelance Platforms Market Overview:
The freelance economy is rising and platforms intermediating freelance workforce are being progressively utilized in various organizations. The freelance market is booming especially in high-skilled services, software development, web designers, and among others which facilitate talented freelance professionals to charge higher prices than they would earn in usual full-time employments. Therefore, an increasing number of highly skilled individuals work as freelancers have increased the demand for freelance platforms that enables them to connect freelancers with various businesses. Freelance platforms are used for billing, time tracking, and task management activities. The rising number of freelance workers globally has boosted the market growth.
- Increasing Number of Freelance Workers
- Rising Demand for Freelance Platforms by IT Professionals
- Emergence of Large Online Labor Platforms
- Demand from High-Skilled Freelancers in Emerging Countries
- Increasing Use of Freelance Platforms for Completing Short-Term Projects
- Ease to Hire Freelancers Irrespective of their Location
- Trust Issue of Hiring Sourcing Contract Workers through Freelance Platforms
Some of the key players profiled in the report are Fiverr (Israel), Upwork (United States), Freelancer.com (Australia), Envato Studio (Australia), PeoplePerHour (United Kingdom), Toptal (United States), Guru.com (United States), DesignCrowd (Australia), Nexxt (United States), DesignContest (United States), TaskRabbit (United States), CrowdSPRING (United States) and Dribbble Hiring (Canada). Additionally, following companies can also be profiled that are part of our coverage like WriterAccess, 99Designs (Australia), Catalant (United States), Designhill (India), Skyword (United States), Bark.com (United States) and Gigster (United States). Considering Market by End Users, the sub-segment i.e. Personal will boost the Freelance Platforms market. Considering Market by Freelance Type, the sub-segment i.e. Short Term will boost the Freelance Platforms market.
In February 2020, Indiez, a platform for hiring freelance coders was acquired by CrewScale, a remote talent-hiring service company. With this acquisition, CrewScale is able to have the software-as-a-service product in the remote workspace.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Freelance Platforms market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Freelance Platforms market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Freelance Platforms Providers, Cloud Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.