UAE Freelance Platforms Market Size & Outlook, 2023-2030
UAE freelance platforms market, 2018-2030 (US$M)
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UAE freelance platforms market highlights
- The UAE freelance platforms market generated a revenue of USD 80.0 million in 2023 and is expected to reach USD 233.5 million by 2030.
- The UAE market is expected to grow at a CAGR of 16.5% 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 80.0 million |
| Market revenue in 2030 | USD 233.5 million |
| Growth rate | 16.5% (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, UAE accounted for 1.6% 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 Middle East & Africa, South Africa freelance platforms market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 306.2 million by 2030.
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Freelance Platforms Market Scope
Freelance Platforms Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 54.13% in 2023. Horizon Databook has segmented the UAE freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
In the UAE, the freelance platforms market is undergoing a transformative shift marked by two prominent trends: the flourishing entrepreneurial culture and an increasing focus on niche specialization. This transformation is evident as more individuals in the UAE opt for freelance work to establish their businesses, showcasing a thriving entrepreneurial spirit.
This cultural shift toward entrepreneurship is observed through the growing number of freelancers offering diverse services on platforms such as Upwork and Fiverr. Similarly, the freelance platforms market in the UAE is experiencing significant changes due to the rising trends of remote work.
This aligns with broader cultural and economic shifts in the country, emphasizing the importance of autonomy and adaptability in the workforce. As remote work gains wider acceptance, UAE’s freelance platforms market is undergoing a transformative phase, contributing to the evolution of the country's professional landscape.
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Target buyers of UAE freelance platforms market databook
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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 UAE freelance platforms market , including forecasts for subscribers. This country databook contains high-level insights into UAE freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE freelance platforms market size, by component, 2018-2030 (US$M)
UAE Freelance Platforms Market Outlook Share, 2023 & 2030 (US$M)
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