About Freelance Platforms for Business Outsourcing-
Businesses utilise freelancing marketplaces to engage temporary workers for specific tasks or projects. Freelance platforms allow freelancers to advertise themselves in a talent marketplace in order to get temporary work by creating a personalised profile that contains their résumé and details their skills and hobbies. Freelance platforms also enable freelancers and companies to connect with one another as well as manage processes and digital assets associated with a position or project.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 16.66% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Freelancer.com (Australia), TaskRabbit (United States), Upwork (United States), 99Designs (Australia), Crowd SPRING (United States), DesignContest (United States), PeoplePerHour (United Kingdom), Bark (United States), Envato Studio (Australia), Skyword (United States) and Gigster (California) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Freelance Platforms for Business Outsourcing- market by , Application (Temporary Job Roles and Special Projects) and Region.
On the basis of geography, the market of Freelance Platforms for Business Outsourcing- 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). If we see Market by Skills, the sub-segment i.e. Admin support will boost the Freelance Platforms for Business Outsourcing- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise, the sub-segment i.e. SMEs will boost the Freelance Platforms for Business Outsourcing- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising R&D in North America region having a largest market share of the market and Adopting collaboration and acquisition strategies to develop and commercialize
Market Growth Drivers:
Increasing technological advancements and Rising opportunities in emerging economics
Challenges:
Difficulty in finding clients and Manage effective time
Restraints:
High competition among established players
Opportunities:
Growth in research and development and subsequent technological advancements for adaptors and Emerging market for freelance platforms for business outsourcing-
Market Leaders and their expansionary development strategies
In March 2023, Fiverr, a popular freelance platform, partnered with Zoom to offer seamless integration between their platforms. This allows businesses to easily find and hire freelancers directly within Zoom meetings, streamlining the collaboration process.
In June 2023, Catalant launched connecting businesses with experienced freelance consultants and subject matter experts. Their platform emphasizes vetting, project matching, and managed services for complex projects.
Key Target Audience
Developer, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.