Global Freelance Management Platforms Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028

Market Overview

of Global Freelance Management Platforms market:
According to our latest research, the global Freelance Management Platforms market looks promising in the next 5 years. As of 2022, the global Freelance Management Platforms market was estimated at USD 3997.75 million, and it?s anticipated to reach USD 10825.12 million in 2028, with a CAGR of 18.06% during the forecast years.

Freelance management platforms help businesses organize their freelance and contract workforces. These platforms manage all aspects of the relationship between individual freelancers and businesses that employ them, including onboarding, contracts, project management, and payments. Businesses use freelancer management systems to maintain data on their temporary workers and the tasks they have been assigned, enabling companies to efficiently monitor the projects they have outsourced to freelancers. Freelancer management platforms can also streamline the process of paying freelancers for completed jobs.

The development trend of mixed labor
Contract workers provide inherent flexibility, as well as many of the main benefits that can be brought about by reorganizing the post-COVID-19 organization into a mixed workforce. Now, agility is more important than ever because they are forced to change and transform quickly during the peak of the pandemic. In fact, companies rely heavily on contract workers to improve operational efficiency, and the mix of full-time and freelancers provides them with a competitive advantage.
Since 2020, many companies? businesses have been hit, and they have been forced to cut costs or re-evaluate their operations and spending methods to improve efficiency. As companies are still focused on driving revenue and rebuilding, anything that is considered a competitive advantage will become a priority. Companies find that freelancers can help build businesses, so a mix of full-time and freelancers will become commonplace.

Impact from the Long-term
When the COVID-19 pandemic ends, the remote work model and the risks established by remote employees will not end. However, after the outbreak of the epidemic, many governments have introduced a series of policies and programs to help the economy recover, and plan to make key investments and support in their respective fields. This will undoubtedly continue to promote the development of the freelance management platforms market. Because even if there is no remote work during COVID-19, offices are increasingly transitioning to freelance management platforms due to improved security. Therefore, the freelance management platforms industry has an immeasurable long-term impact.

Political Factors
From a political perspective, the government lacks laws to protect freelancers. In fact, the gig economy is exempt from certain government taxes. Because of their status as self-employed entities, many workers cannot enjoy the guarantees and rights that labor unions and labor development have spent more than a century to achieve.
In addition, most workers in the gig economy are not protected by the ?laws that do not allow a minimum wage? clause. They have no unemployment benefits or paid sick leave; they cannot enjoy retirement annuity benefits; and they are not covered by laws governing working hours. Freelancers are emerging in this new market segment, but they have no protection and are driven by the platform associated with them. This reality may lead to changes in regulations governing platforms for freelancers in the future.

Economic Factors
As far as the freelance management platforms business is concerned, economic factors are very important. Whether it is online business or physical business, economic factors will have a significant impact on it. Because economic factors are directly related to enterprises, their impact is also directly related to the income and profits of enterprises.
Compared with traditional work, freelance is a new way of working. Although freelancers earn lower incomes than traditional workers, they have grown in the past five years. The rapid growth of this sector has caused the freelance management platforms economy to quickly become an important part of the global economy.

Region Overview:
In global comparison, a significant portion of the revenue was generated in North America (42.39% in 2021).

Company Overview:
Upwork is one of the major players operating in the Freelance Management Platforms market, holding a share of 14.19% in 2021.

Upwork
Upwork is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals. The develops platform for hiring and freelancing purpose.

Toptal
Toptal, LLC provides freelance marketplace and online outsourcing services. The Company owns and operates online talent marketplace that connects businesses and organizations to software developers and designers.

Segmentation Overview:
As for product types, the Cloud based segment held the largest market share in 2021.

Application Overview:
The market's largest segment by application is the segment SMEs, with a market share of 63.6% in 2021.

This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Freelance Management Platforms market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.

Key Takeaways from the Global Freelance Management Platforms Market Report:
Market Size Estimates: Freelance Management Platforms market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Freelance Management Platforms market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Freelance Management Platforms market
Segment Market Analysis: Freelance Management Platforms market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Freelance Management Platforms market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Freelance Management Platforms Market: Revenue and sales volume of major countries in each region
Freelance Management Platforms Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Freelance Management Platforms market in major regions.
Freelance Management Platforms Industry Value Chain: Freelance Management Platforms market raw materials & suppliers, manufacturing process, distributors, downstream customers
Freelance Management Platforms Industry News, Policies & Regulations

Key players in the global Freelance Management Platforms market are covered in Chapter 12:
Fiverr
WorkMarket
Expert360
Spera
Toptal
DesignCrowd
Kalo
Upwork
Envato Studio
Freelancer.com
Guru.com
PeoplePerHour (TalentDesk.io)
Field Nation
Shortlist

In Chapter 2 and Chapter 15.1, based on types, the Freelance Management Platforms market from 2018 to 2028 is primarily split into:
Cloud Based
On-Premise

In Chapter 3 and Chapter 15.2, based on applications, the Freelance Management Platforms market from 2018 to 2028 covers:
Large Enterprises
SMEs

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others

The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.

In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.

Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 starts the report with an overview of the Freelance Management Platforms market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.

Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.

Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.

Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.

Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.

Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.

Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.

Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.

Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.

Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.

Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2028

Frequently Asked Questions