Europe Freelance Platforms Market Size & Outlook
Europe freelance platforms market, 2018-2030 (US$M)
Related Markets
Europe freelance platforms market highlights
- The Europe freelance platforms market generated a revenue of USD 1,126.1 million in 2023.
- The market is expected to grow at a CAGR of 16.7% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,126.1 million |
| Market revenue in 2030 | USD 3,317.4 million |
| Growth rate | 16.7% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 22.8% of the global freelance platforms market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,603.8 million by 2030.
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Freelance Platforms Market Scope
Freelance Platforms Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 51.94% in 2023. Horizon Databook has segmented the Europe freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
Europe has experienced significant growth and evolution, reflecting the region's dynamic business landscape and the changing nature of work. Several factors contribute to the prominence and adoption of freelance platforms across Europe, making them integral to the region's workforce ecosystem.
Europe's diverse business landscape, encompassing various industries and sectors, has contributed to the widespread adoption of freelance platforms. These platforms cater to a multitude of skills and specializations, allowing businesses to find freelancers with specific expertise tailored to their unique needs.
Europe hosts several tech and innovation hubs, and freelance platforms play a crucial role in connecting businesses with skilled professionals in these hubs. Platforms such as Upwork and Freelancer provide a gateway for businesses to tap into the innovation and expertise in tech-centric regions.
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Our clientele includes a mix of freelance platforms market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Europe freelance platforms market , including forecasts for subscribers. This continent databook contains high-level insights into Europe freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe freelance platforms market size, by country, 2018-2030 (US$M)
Europe Freelance Platforms Market Outlook Share, 2023 & 2030 (US$M)
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