Astonishing growth in Freelance Management Platform Market Growth Ratio Analysis with Top Players Bonsai, COWORKS , Field Nation, LLC., Freework GmbH, Kalo Industries Inc., Lano Software GmbH, Lumina Datamatics – KSU


Technology has radically transformed the hiring processes in organizations around the globe. At the time of the industrial revolution, employees in the manufacturing sector were hired on an hourly basis. Working conditions were also not satisfactory, as records showed that the unskilled workers worked for 14-16 hours a day. As time progressed, employees began seeking flexible working hours. The boom of the information technology industry during the late twentieth century is playing a crucial role in overall development. During recent times, professionals are increasingly choosing the path of freelancing, wherein they are simultaneously working on a number of projects from various companies, rather than being employed by a single company. Estimates suggest that there are around 57 million freelancers in the U.S. alone. Work from home benefits offered to freelancers is a major reason for the growth of freelancers in the recent past, thus driving the growth of freelance management platform market. Working from home enables an individual to spend more time with their family, and enhances productivity. Studies show that there can be a 13% improvement in productivity when individuals are working from home. Comfortable environment, favourable diet, lack of hassles related to commutation, etc., are major reasons for the increase in productivity. Furthermore, the employers are also greatly benefited by the growth of freelancers. Activities such as recruiting and onboarding are time consuming as well as resource intensive.  The cost of hiring a new employee can rise up to US$ 5,000 in manufacturing and automotive sector. In a service-based industry, the average cost is around US$ 1,000. Assigning a project to a freelancer helps company save considerable amount of time in the hiring process. Along with this, a permanent employee needs to provided benefits like social security, medical insurance, cab facilities, etc., which further adds onto the expenses. Companies can procure freelancers that are highly skilled based on the project requirements. The rise in hiring of freelancers makes it difficult for the companies to keep track of their operations and payments. However, the use of a freelance management platform can help the company to streamline the handling of freelancers, as the platform has features like payment tracking, project status monitoring, reviewing, etc.  Also, in projects which involve regular employees and freelancers, freelance management platforms help in analysing the progress of the entire team separately. These platforms provide a one stop solution for the companies to meet their freelance management needs.  The increasing demand for efficient and hassle-free handling of freelancers amongst enterprises is leading to the growth of the global freelance management platform market.

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A comprehensive research study titled Freelance Management Platform Market has been recently added by Absolute Markets Insights to its extensive repository. The statistical data has been compiled by means of qualitative and quantitative research methodologies which help to make informed business decisions. The report also sheds light on the several dynamics of the global business such as drivers, restraints, and opportunities. Additionally, it also offers analytical data of trading attributes like local consumption, global consumption, import, and exports. The base year considered for the study is 2019 and the forecast period for this publication is 2021-2028. The entire demand-supply chain has also been exclusively examined by researchers.

The report represents tables and several other graphical data elements, the Freelance Management Platform market report makes for an insightful data repository that is a valuable source of direction and guidance for managers, decision makers, business strategists, and all those who are interested in the overall development of the global  Freelance Management Platform market.

Top Key players: Bonsai, COWORKS , Field Nation, LLC., Freework GmbH, Kalo Industries Inc., Lano Software GmbH, Lumina Datamatics, Microsoft, OneSpace, PPH Enterprise Solutions Limited (TalentDesk.io), Randstad N.V., Shortlist Project Inc., Spera Inc., Upwork Global Inc., WorkMarket, Inc., amongst others.

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The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used Porter’s five techniques for analyzing the  Freelance Management Platform Market; it also offers the examination of the global market. To make the report more potent and easy to understand, it consists of info graphics and diagrams. Furthermore, it has different policies and development plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.

Global  Freelance Management Platform Market Research Report 2021-2028 carries in-depth case studies on the various countries which are involved in the  Freelance Management Platform market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.

What questions does the  Freelance Management Platform market report answer pertaining to the regional reach of the industry

The report claims to split the regional scope of the  Freelance Management Platform market into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these regions has been touted to amass the largest market share over the anticipated duration

How do the sales figures look at present How does the sales scenario look for the future

Considering the present scenario, how much revenue will each region attain by the end of the forecast period

How much is the market share that each of these regions has accumulated presently

How much is the growth rate that each topography will depict over the predicted timeline

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A short overview of the  Freelance Management Platform market scope:

 

Global market remuneration

Overall projected growth rate

Industry trends

Competitive scope

Product range

Application landscape

Supplier analysis

Marketing channel trends – Now and later

Sales channel evaluation

Market Competition Trend

Market Concentration Rate

Reasons for Buying this Report

The report answers important questions that companies may have when operating in the global Freelance Management Platform market. Some of the questions are given below:

– What will be the size of the global Freelance Management Platform market in 2028?
– What is the current CAGR of the global Freelance Management Platform market?
– What products have the highest growth rates?
– Which application is projected to gain a lion’s share of the global Freelance Management Platform market?
– Which region is foretold to create the most number of opportunities in the global Freelance Management Platform market?
– Which are the top players currently operating in the global Freelance Management Platform market?
– How will the market situation change over the next few years?
– What are the common business tactics adopted by players?
– What is the growth outlook of the global Freelance Management Platform market?”

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