Japan Freelance Platforms Market Size & Outlook, 2023-2030
Japan freelance platforms market, 2018-2030 (US$M)
Related Markets
Japan freelance platforms market highlights
- The Japan freelance platforms market generated a revenue of USD 113.9 million in 2023 and is expected to reach USD 544.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 25% 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 113.9 million |
| Market revenue in 2030 | USD 544.5 million |
| Growth rate | 25% (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, Japan accounted for 2.3% 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 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.
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Freelance Platforms Market Scope
Freelance Platforms Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 52.06% in 2023. Horizon Databook has segmented the Japan freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
Japan's freelance platforms market is thriving due to the surge in remote work, fueled by advanced technology and evolving work dynamics. The country's expanding entrepreneurial culture is evident as more individuals embrace self-employment, contributing to the growth of freelance opportunities.
Simultaneously, there is a noticeable uptick in niche specialization, with freelancers refining specific skills to meet the demands of specialized markets, reflecting the need for highly specialized expertise in Japan's dynamic freelance landscape. This transformation aligns with Japan's historical shift from a commitment to lifetime employment toward a gig economy.
This was indicated by a 23% growth in freelancers from 2015 to 2018, constituting 17% of the workforce, according to the survey by Zoho Corporation Pvt. Ltd. Despite socio-cultural challenges, the gig economy is flourishing, prompting agencies to adopt cloud platforms for efficient freelancer management in anticipation of the growing trend in Japan.
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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 country-level data and insights on the Japan freelance platforms market , including forecasts for subscribers. This country databook contains high-level insights into Japan freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan freelance platforms market size, by component, 2018-2030 (US$M)
Japan Freelance Platforms Market Outlook Share, 2023 & 2030 (US$M)
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