With significant disruption foreseen in technological sphere, further added by innovative investments by established players, freelance platforms market is likely to register sizable growth in the years to come.įreelance platforms are witnessing large scale adoption in recent years as these help freelancers gain quick access to larger number of potential clients, backed by dedicated vetting and sourcing capabilities. ML Capabilities to Expedite Reliance on Freelance PlatformsĪccording to the study, freelancing in America, freelancing is growing as an independent economical fringe, making for over 35% of the total working population in the US. The global Freelance Platforms market size is projected to reach US$ 9192.9 million by 2026, from US$ 3393.5 million in 2019, at a CAGR of 15.3% during 2021-2026. Market Analysis and Insights: Global Freelance Platforms Market Top 5 took up only 25% of the global market in 2019. are the key suppliers in the global freelance platforms market. ![]() Upwork, Toptal, Fiverr, Catalant, 99Designs,, , Skyword, TaskRabbit etc. ![]() With significant population of highly skilled workers seek more flexible employability freelance practices therefore are growing considerably, furthering exponential growth opportunities in freelance platforms market. Significant end-use adoption of such hybrid employee models is perceived to harbinger substantial growth in the coming years. A new report by Orbis Market Research assesses multiple development ventures, challenges and growing opportunities to improve business decisions in freelance platform market.Įnd-use adopters across verticals are actively considering bifurcating their workforce into a hybrid employee model with regular full-time workers and a bulk of freelance workers, aligning with the current work-from-home work model. ![]() Dallas, (GLOBE NEWSWIRE) - Freelance platform market is identified as a growing industry, supporting current work protocols with global pandemic hitting large.
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