Just how big is the freelancing market? | The Gig Economy Roundup

By Julia Ryder
October 14, 2019

 

Just how big is the freelancing market? You may be surprised – Human Resource Executive

Just how big is the freelancer market? Bigger than the economies of Switzerland or Saudi Arabia.

That’s according to a new report from Upwork and Freelancers Union, which finds freelancing income exceeds the gross domestic product of some major countries, at nearly $1 trillion–an amount that’s almost 5% of the United States’ GDP.

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Global Gig Economy Reaches USD 4.5 Trillion – SIA

Findings from The Global Gig Economy include market estimates for the 18 countries that represent approximately 90% of global temporary agency work spend and per type of contingent worker. Total global gig economy spending hit an estimated $4.5 trillion in 2018.

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Is Remote Co-Living The Next Logical Step In The Freelance Economy? – Forbes

The freelance economy has already transformed the entire concept of work and employment. Now it seems to be penetrating deeper into the personal aspects of our lives. The real estate sector is already responding to the growing number of freelancers with more co-working spaces within the sector growing at 22% annually.

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