U.S. Freelance Platforms Market Size & Outlook, 2023-2030
U.S. freelance platforms market, 2018-2030 (US$M)
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U.S. freelance platforms market highlights
- The U.S. freelance platforms market generated a revenue of USD 1,176.2 million in 2023 and is expected to reach USD 2,709.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12.7% 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 1,176.2 million |
| Market revenue in 2030 | USD 2,709.5 million |
| Growth rate | 12.7% (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, U.S. accounted for 23.9% 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 North America, U.S. freelance platforms market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,147.7 million by 2030.
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Freelance Platforms Market Scope
Freelance Platforms Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 51.66% in 2023. Horizon Databook has segmented the U.S. freelance platforms market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The use of freelance platforms in the U.S. has witnessed robust and widespread acceptance, reflecting the changing dynamics of the modern workforce. Several factors contribute to the significant adoption of freelance platforms in the U.S., making them integral to the business landscape.
The U.S. is at the forefront of technological innovation, and this has greatly facilitated the adoption of freelance platforms. The nation's advanced digital infrastructure, high internet penetration, and widespread access to technology create an environment conducive to online freelancing and collaboration.
The U.S. adoption of freelance platforms is a testament to the changing nature of work, technological readiness, and the entrepreneurial ethos embedded in the nation's culture. As the gig economy continues to thrive, freelance platforms are poised to play an increasingly integral role in shaping the future of freelance work in the U.S.
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Target buyers of U.S. 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 U.S. freelance platforms market , including forecasts for subscribers. This country databook contains high-level insights into U.S. freelance platforms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. freelance platforms market size, by component, 2018-2030 (US$M)
U.S. Freelance Platforms Market Outlook Share, 2023 & 2030 (US$M)
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