Canada Freelance Platforms Market Size & Outlook
Canada freelance platforms market, 2018-2030 (US$M)
Related Markets
Canada freelance platforms market highlights
- The Canada freelance platforms market generated a revenue of USD 361.4 million in 2023 and is expected to reach USD 1,147.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 17.9% from 2024 to 2030.
- In terms of segment, platform was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Freelance platforms market data book summary
| Market revenue in 2023 | USD 361.4 million |
| Market revenue in 2030 | USD 1,147.7 million |
| Growth rate | 17.9% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
| Key market players worldwide | Fiverr International Ltd, Upwork Inc, Toptal, PeoplePerHour, 99designs, DesignCrowd, crowdSPRING, WorkGenius, Paro, Contently, Gigster |
Other key industry trends
- In terms of revenue, Canada accounted for 7.3% of the global freelance platforms market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. freelance platforms market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,147.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Freelance Platforms Market Scope
Freelance Platforms Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada freelance platforms market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to freelance platforms market will help companies and investors design strategic landscapes.
Platform was the largest segment with a revenue share of 52.6% in 2023. Horizon Databook has segmented the Canada freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of freelance platforms in Canada reflects a growing trend toward flexible and dynamic work arrangements, aligning with the changing landscape of the modern workforce. Several factors contribute to the notable adoption of freelance platforms in Canada, making them an integral part of the country's business ecosystem.
Canada has witnessed a notable adoption of remote work, further accelerated by global events such as the COVID-19 pandemic. Freelance platforms provide a valuable avenue for businesses to access talent remotely, aligning with the preferences of a workforce increasingly seeking flexibility in work arrangements.
The adoption of freelance platforms in Canada is driven by a combination of technological readiness, a cultural shift toward flexible work arrangements, and the recognition of the economic and strategic benefits offered by these platforms. As Canada continues to adopt the gig economy, freelance platforms are poised to play an increasingly integral role in shaping the future of work in the country.
Reasons to subscribe to Canada freelance platforms market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada freelance platforms market databook
-
Our clientele includes a mix of freelance platforms market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada freelance platforms market , including forecasts for subscribers. This country databook contains high-level insights into Canada freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada freelance platforms market size, by component, 2018-2030 (US$M)
Canada Freelance Platforms Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
