North America Freelance Platforms Market Size & Outlook
North America freelance platforms market, 2018-2030 (US$M)
Related Markets
North America freelance platforms market highlights
- The North America freelance platforms market generated a revenue of USD 1,537.6 million in 2023.
- The market is expected to grow at a CAGR of 14% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,537.6 million |
| Market revenue in 2030 | USD 3,857.2 million |
| Growth rate | 14% (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, North America region accounted for 31.2% 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 |
|---|
North America 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 51.88% in 2023. Horizon Databook has segmented the North America 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 North America has witnessed significant growth and widespread acceptance, reflecting the evolving nature of work and the increasing reliance on flexible, on-demand talent.
North America has been a particularly favorable region for the expansion of the freelance economy, with various factors contributing to the robust adoption of freelance platforms in the region. There has been a notable shift in work culture toward embracing remote and flexible work arrangements.
Freelance platforms align with this cultural shift by providing a virtual marketplace where businesses can access a diverse pool of freelancers. The acceptance of remote work has accelerated due to factors such as advancements in communication technologies and the need for flexibility in work arrangements.
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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 North America freelance platforms market , including forecasts for subscribers. This continent databook contains high-level insights into North America freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America freelance platforms market size, by country, 2018-2030 (US$M)
North America Freelance Platforms Market Outlook Share, 2023 & 2030 (US$M)
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