What is a freelance marketplace?

freelance marketplace

Freelance work has grown immensely over the past decade and is expected to further increase in the coming years. With such growth it is predicted that freelancers will account to as much as 80% of the entire workforce worldwide by 2030. Previously considered as mere side gigs and extra jobs, freelance work has now become a major employment option.

One reason for its overwhelming development is the notion that conventional 9-to-5 office work is evidently not compatible in this highly interconnected globalized world. Another rationale behind this global upsurge is the corresponding growth and sophistication of freelance platforms. Which is why we’ve prepared this article to provide you with a detailed analysis of the top freelance platforms in the market today.

Freelance platforms are important for both workers as well as employers. An Upwork report indicates that 80% of large corporations are planning to increase their use of freelancers. In fact, there is a 30% demand-increase in the number of work projects accomplished through these types of platforms.

If you think only small businesses use freelance platforms you are in for a surprise. An Accenture report states that 100 of Fortune 500 companies are using Upwork. Likewise, freelance work is getting more popular today as more people find it profitable and convenient, which means, more talents out there for companies.