Market revenue in 2023 | USD 357.4 million |
Market revenue in 2030 | USD 963.0 million |
Growth rate | 15.2% (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 |
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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 53.58% in 2023. Horizon Databook has segmented the Middle East & Africa freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa (MEA) has experienced a substantial rise in the freelance platforms market, driven by a robust digital transformation and improved connectivity. Localized platforms such as Ureed and Nabbesh have played a major role in this growth, tailoring their services to the unique needs of the region.
For instance, Ureed is a company that specializes in connecting businesses with freelancers skilled in translation, content creation, and software development, facilitating a more efficient and localized approach to hiring freelance talent.
The increased digital infrastructure has empowered a burgeoning number of professionals in MEA to participate in the gig economy, providing them with access to global opportunities and diverse projects. The thriving freelance platforms market in MEA is also underpinned by economic diversification and a youthful entrepreneurial spirit.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa freelance platforms market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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