Freelance Platforms Global Market Report, Share Analysis, Forecast To 2032

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The Freelance Platforms Global Market Report 2023 by The Business Research Company, provides freelance platforms market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

Learn More On The Freelance Platforms Market:

https://www.thebusinessresearchcompany.com/report/freelance-platforms-global-market-report

According to The Business Research Company’s Freelance Platforms Global Market Report 2023, the global freelance platforms market size is expected to grow from $5.52 billion in 2022 to $6.46 billion in 2023 at a compound annual growth rate (CAGR) of 17.03%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global freelance platforms market size is expected to reach $11.70 billion in 2027 at a CAGR of 16.01%.

The increasing adoption of freelance platforms by established companies is expected to propel the growth of the freelance platform market going forward. An established company refers to one that has gained a reputation for a specific product, process, service, or platform. Freelance platforms refer to online connections where qualified and skilled freelancers can find work and get paid anywhere. Established companies use freelance platforms to hire temporary workers for projects and immediate openings that do not require permanent employment, thereby saving costs, eliminating overhead costs, and accessing specialized talent. There has been a significant in increase freelance platforms lately.

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The freelance platforms market is segmented:

1) By Type: Cloud-based, Web-based

2) By Product Type: Hourly, Monthly

3) By Application: Large Enterprises, Small and Medium Enterprises, Freelancers

Product innovations are a key trend gaining popularity in the freelance platform market. Major companies operating in the freelance platform market are focused on developing new solutions to strengthen their position in the market. In March 2023, DeeLance, a Marshall Islands-based freelancing network company, launched a Web3-based platform, the first decentralized freelance network in the world that aims to redefine freelancers’ connection with potential employers. The platform envisions micro-communities in a metaverse where sellers and buyers of creative works can network, connect, and form long-term relationships and an NFT marketplace.

The freelance platforms market report table of contents includes: