What is Freelance Management Platforms Market?
The freelance management platform provides a central repository for hiring, project, and salary management for companies that employ freelancers, contractors, or independent consultants. Freelance management systems oversee the entire relationship of freelancers - from finding a freelancer to measuring their performance. This platform provides effective freelance review and recruitment capabilities, onboarding solutions, work collaboration management tools, and organizes freelance payments, expenses, and contracts. The freelancer management platform offers powerful, often cloud-based solutions that optimize settings, communication, and productivity. All industries, company sizes, and departments can benefit from implementing these solutions, although some providers specialize in industries such as technology, retail, or marketing. The freelance administration platform offers a variety of integrations, including CRM software and payroll software.
The market study is being classified by Type (Integrated Software and Standalone Software), by Application (Large Enterprises and SMEs) and major geographies with country level break-up.
Field Nation (United States), Upwork Enterprise (United States), Shortlist (United States), Kalo (United States), OneSpace (United States), Bonsai (United States), Spera (United States), Freework GmbH (Germany), Talao (France) and TalentDesk.io (United Kingdom) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Freelance Management Platforms market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Freelance Management Platforms market by Type, Application and Region.
On the basis of geography, the market of Freelance Management Platforms 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Demand for IT Professional Worldwide
- Ease of Access to Global Talent with Broad Network Access
Market Trend
- Growing Trend for Talent-As-A-Service (Taas)
- Growing Deployment of Cloud-based Freelance Management Platform
Restraints
Opportunities
- Huge Opportunities in Overseas Freelancing
- The Rise in Enabling Freelancers and Companies to Collaborate Directly With Each Other Without Third-Party Intervention
Challenges
- The authenticity of Job Providers and a Large Number of Providers
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists, Private Equity Firms, Government Regulatory, Research Organizations and End-Use Industry