India Freelance Platforms Market Size & Outlook, 2023-2030
India freelance platforms market, 2018-2030 (US$M)
Related Markets
India freelance platforms market highlights
- The India freelance platforms market generated a revenue of USD 187.5 million in 2023 and is expected to reach USD 775.6 million by 2030.
- The India market is expected to grow at a CAGR of 22.5% 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 187.5 million |
| Market revenue in 2030 | USD 775.6 million |
| Growth rate | 22.5% (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, India accounted for 3.8% 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 Asia Pacific, China freelance platforms market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 544.5 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 |
|---|
India 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 51.04% in 2023. Horizon Databook has segmented the India freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The freelance platforms market in India is experiencing substantial growth, driven by technological advancements and changing work preferences. Traditionally, India has had a strong emphasis on fulltime employment; however, there is a noticeable shift toward freelancing. The demand for freelance work is rising as individuals seek greater flexibility and autonomy in their careers.
Digital platforms such as Upwork, Freelancer, and Fiverr are gaining popularity, connecting a diverse range of skilled professionals with clients worldwide. The gig economy in India is expanding rapidly, with freelancers contributing significantly to the workforce.
Factors such as increased internet penetration, access to global markets, and a growing entrepreneurial spirit are fueling the growth of freelance platforms. The freelance model is particularly appealing to those who value remote work, diverse project opportunities, and the ability to showcase specialized skills.
Reasons to subscribe to India 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 India 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 India freelance platforms market , including forecasts for subscribers. This country databook contains high-level insights into India freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India freelance platforms market size, by component, 2018-2030 (US$M)
India 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
