In 2023, the projected gross volume of the gig economy is expected to reach ***** billion U.S. dollars. The gig economy is commonly defined as digital platforms that allow freelancers to connect with potential clients for short-term jobs, contracted work, or asset-sharing.
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According to Cognitive Market Research, the global Gig Economy market size will be USD 561245.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 17.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 224498.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 168373.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 129086.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 28062.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 11224.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.9% from 2024 to 2031.
The transportation-based services category is the fastest growing segment of the Gig Economy industry
Market Dynamics of Gig Economy Market
Key Drivers for Gig Economy Market
Changing work approach driving the gig economy
The shift in work approach, particularly among younger generations, is a key driver of the gig economy. Millennials and Gen Z are prioritizing work that aligns with their passions and interests, seeking flexibility and autonomy over traditional career paths. The shift is majorly driven by the desire for work-life balance, alternate income sources and ability to work remotely, from anywhere. This shift has been on the rise particularly since the global pandemic that had pushed people to work from their homes and across various digital platforms. Businesses are embracing the flexible work arrangements to reduce costs and access specialized skills.
For instance,
Global research from the World Employment Confederation (WEC) finds that 83% of senior executives say that, since the pandemic, workers place as much value on flexibility in terms of when and where they work as on compensation.
A 2022 LinkedIn survey found that Gen Z workers were the cohort most likely to have left a role because of a perceived lack of flexibility (72% fell into this category, compared with 69% of Millennials, 53% of Gen X and 59% of Baby Boomers).
53% of Gen Z workers who freelance are moving away from traditional 9-to-5 jobs in favor of full-time freelancing.
(Source: https://www.upwork.com/resources/gig-economy-statistics )
The digitalization of work is fueling demand for more gigs
Driven by technological advances and the increasing digitalization of skills and processes, the gig economy has expanded rapidly, by making work accessible to more people around the globe. The rise of online marketplaces like Upwork, Uber and Fiverr have made it easier for freelancers to find work and for companies to access a more flexible workforce. Improved technology and digital infrastructure have further made it easier and cheaper to connect with gig workers. The rise of e-commerce platforms and on-demand services such as ride-sharing, food delivery rely majorly on gig workers, contributing significantly to the growth of gig economy. Digital tools like instant messaging and video conferencing along with collaborative platforms like slack, MS Teams make it easy for employees to communicate from anywhere at any time.
With Artificial intelligence (AI) becoming one of the fastest-growing sectors and skill sets for independent professionals, AI has contributed to the growth of gig economy. AI is significantly impacting the gig economy by automating tasks, improving matching of workers and jobs. AI powered platforms also help streamline the recruitment process for businesses, by matching candidates with suitable projects based on skills, experience and availability.
For instance,
95% of respondents said generative AI makes them more competitive an...
This statistic shows the number of freelancers in the United States from 2017 to 2028. It is projected that in 2027, **** million people will be freelancing in the United States and will make up **** percent of the total U.S. workforce.
This statistic shows the industries where gig economy workers are currently employed in the United States in 2018. During the survey, 14 percent of respondents reported working in government or the public sector.
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According to Cognitive Market Research, the global Gig Economy Platforms Market size will be USD 24512.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 20.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 9805.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7353.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 5637.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1225.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 490.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.5% from 2024 to 2031.
The freelancer category is the fastest growing segment of the Gig Economy Platforms industry
Market Dynamics of Gig Economy Platforms Market
Key Drivers for Gig Economy Platforms Market
Adapting Employment Preferences and Workforce Dynamics to Fuel Market Growth
The market for gig economy platforms has grown significantly due in large part to the shifting dynamics of the global workforce. Employees are increasingly looking for work-life balance, flexibility, and autonomy—things that traditional employment models could not always offer. An alluring substitute is the gig economy, which gives people the freedom to select their own clients, projects, and working hours. The independence and business prospects that come with gig employment are especially valued by the younger generation. Additionally, the gig economy gives those with specific knowledge and abilities a way to make money off of their abilities and grow their professional networks. Businesses' need for flexible and affordable labor solutions that allow them to grow operations effectively and access specialized skill sets when needed is another factor driving the need for gig employment.
Digital connectivity and technological advancements will propel market expansion
The market for gig economy platforms has been significantly influenced by technological developments, especially in the areas of internet and mobile technologies. High-speed internet connections and cellphones have made it easier for gig workers and employers to connect seamlessly, enabling real-time communication, job matching, and payment processing. Businesses may now more easily hire independent contractors and freelancers from around the globe thanks to the increased digital connectivity that has also made remote work and collaboration possible. With the introduction of blockchain, 5G networks, and artificial intelligence, gig economy platforms are well-positioned to expand their capabilities and offer more specialized and effective services to satisfy the demands of employers and employees.
Restraint Factor for the Gig Economy Platforms Market
Legal and Regulatory Uncertainties to Restrain Market Growth
The designation of gig workers as independent contractors or employees is a topic of continuous discussion and legal scrutiny as the gig economy upends conventional employment patterns. The rights, benefits, and protections of employees as well as the obligations and liabilities of platform firms are all significantly impacted by this classification. It is a difficult task that calls for cooperation between platform businesses, legislators, and labor organizations to strike a balance between the gig economy's demand for flexibility and innovation and providing sufficient protection for workers. Gig workers frequently deal with unstable income, a lack of job security and benefits, and the possibility of exploitation. Businesses that depend on rating and review systems may find it difficult to maintain quality control.
Impact of Covid-19 on the Gig Economy Platforms Market
The COVID-19 epidemic had a significant impact on the gig economy, increasing demand for delivery services as consumers resorted to services like Instacart and Uber Eats for necessities. Due to job losses, many tra...
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The dataset contains the estimated gig workforce in India and their share of the total workforce as per NITI Aayog's Study Report - India's Booming Gig and Platform Economy.
According to a survey in March 2020, ** percent of worldwide workers in the gig economy have lost their job due to the coronavirus (COVID-19) pandemic. On top of this, another ** percent had their hours decreased.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
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The gig economy has witnessed remarkable growth in India, offering workers flexibility but often lacking in traditional social security benefits. This research aims to explore the multifaceted factors influencing the social security landscape for gig workers in India. The study draws upon a wide range of data sources, including government reports, labor surveys, academic research, and surveys from non-governmental organizations.
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The dataset consists year and occupation wise numbers of gig workers in India. Occupations include House Keeping and Restaurant Workers, Motor Vehicle Drivers, Finance Agents, Brokers Etc., Business Professionals, Computer Professionals, Secretaries and Clerks, Shop and Market Sales Persons and Others.
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The gig economy, encompassing freelance work and on-demand services, is experiencing robust growth, driven by technological advancements, evolving work preferences, and a desire for flexible employment options. The market, estimated at $300 billion in 2025, is projected to achieve a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $1 trillion by 2033. This expansion is fueled by several key factors: the increasing adoption of digital platforms connecting businesses with independent contractors; a growing preference among workers for flexible schedules and autonomy; and the scalability these platforms offer businesses needing temporary or project-based assistance. Furthermore, the gig economy's diverse sectors, including transportation (DoorDash, Favor Delivery, Turo), home services (TaskRabbit, BellHops), professional services (Guru.com, Upwork, Fiverr), and pet care (Rover), contribute to its overall market strength.
However, challenges remain. Regulatory uncertainties surrounding worker classification and employment benefits pose significant hurdles. Competition among gig platforms is fierce, requiring constant innovation and adaptation to maintain market share. Fluctuations in the broader economy can also impact demand for gig services. Despite these restraints, the overall trajectory suggests a continued expansion of the gig economy, driven by ongoing technological advancements, evolving workforce demographics, and the increasing reliance of businesses on flexible talent pools. The major players, including TaskRabbit, Upwork, and Fiverr, are well-positioned to capitalize on this growth, provided they navigate the regulatory and competitive landscapes effectively. Successful strategies will likely involve investments in technology, focus on user experience, and proactive engagement with regulatory bodies.
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This repository contains four datasets about the number of active users of selected mobile apps purchased from Selectivv company (https://selectivv.com/). Details regarding the data may be found below:
How data was collected: Selectivv uses programmatic advertisements systems that collect information on about 24 mln smartphone users in Poland
Apps:
Unit: an active user of a given app. Active = used given app at least 1 minute in a given period (e.g. 1 unit during whole month, half-year).
Period: 2018-2018; monthly and half-year data
Spatial aggregation: country level, city level, functional area level, voivodeship level. Functional area is defined as here https://stat.gov.pl/en/regional-statistics/regional-surveys/urban-audit/larger-urban-zones-luz/
Activity time: measured by activity time of given app (in hours; average and standard deviation)
Datasets:
Detailed description:
1. gig-table1-monthly-counts-stats.csv
Structure:
2. gig-table2-halfyear-demo-stats.csv
Structure:
3. gig-table3-halfyear-region-stats.csv
Structure:
Please note that:
More details here: https://stat.gov.pl/en/regional-statistics/regional-surveys/urban-audit/larger-urban-zones-luz/
4. gig-table4-halfyear-activity-stats.csv
Structure:
In 2021, only one percent of gig economy workers in the United States reported being very dissatisfied with independent work. In contrast, ** percent of people working in the gig economy reported being very satisfied with their job.
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The gig economy, characterised by a hire-and-fire practice and bogus self-employment, is a fairly recent phenomenon in Europe. Even though it is growing rapidly, gig work still accounts for only a small share of employment. Considering the issue’s newness and societal relevance, it is interesting to ask why parties develop a policy position on this issue. In this paper, I analyse (1) whether the entire party spectrum addresses the gig economy; and (2) whether and which party- or country-level factors influence the probability of addressing the issue. Using 188 manifestos from parliamentary elections between 2018 and 2022 in 23 European countries, I employ a keyword-in-context analysis to study the issue’s salience. Additionally, multilevel models are estimated to analyse the influencing factors. The findings show that the gig economy is discussed in roughly 30% of manifestos with considerable between-country differences and that left-wing parties are more likely to address the issue.
This statistic illustrates the access to employer-based benefits among full-time employees and gig economy workers in the United States in 2018. During the survey, ** percent of gig economy workers reported having access to employer-based medical insurance, compared to ** percent of full-time employees.
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Market Size and Growth: The global gig economy platforms market is anticipated to grow exponentially, from $463.8 million in 2025 to an estimated $1,274.5 million by 2033. This rapid expansion, at a CAGR of 12.5%, is attributed to the increasing prevalence of remote work, the flexibility and accessibility offered by gig platforms, and the growing availability of skilled workers in the gig workforce. North America and Europe currently dominate the market, with significant contributions expected from emerging markets in Asia Pacific and Latin America in the coming years. Market Drivers, Trends, and Restraints: The growth of the gig economy is driven by several factors, including the rise of the digital economy, the growing demand for specialized skills, and the need for flexibility and autonomy among workers. Additionally, government initiatives that promote entrepreneurship and support the gig economy are contributing to market expansion. Emerging trends such as the use of artificial intelligence (AI), the integration of blockchain technology, and the development of hybrid work models are expected to further fuel market growth. However, challenges such as concerns over job security, lack of access to benefits, and regulatory uncertainties could potentially restrain market growth in certain regions.
For the financial year 2021, around ** percent of gig work is projected to be in high skilled jobs, ** percent in medium skilled and ** percent in low skilled jobs. The trends reflect a gradual increase in high and low skilled jobs till 2030.
The gig economy is widely regarded to be a source of secondary or temporary income, but little is known about economic activity outside of the gig economy. Using data from a large, online personal finance application, I document the evolution of non-gig income and household balance sheets surrounding the participation decision for gig economy jobs. This simple analysis reveals striking pretrends in income and assets. In addition to providing insight into the reasons why households enter the gig economy, these findings have potentially important implications for the external validity of previous studies focusing on gig economy activity only.
In 2020, ** percent of respondents in the United States who participated in flexible work said that their emergency savings would not last six months. This is compared to ** percent of respondents whose emergency savings would not last *** month.
Having emergency savings is generally considered to be a sign of financial well-being, especially if those savings can last for longer periods of time, as the person would then be able to support themselves in case of an emergency or loss of a job.
The data and programs replicate tables and figures from "Measuring the gig economy in Canada using administrative data", by Jeon, Liu and Ostrovsky. Please see the ReadMe file for additional details.
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ABSTRACT Purpose: This study aims to investigate how app drivers are giving meaning to their work, taking as a theoretical assumption the model proposed by Rosso, Dekas, & Wrzesniewski (2010). Originality/value: Internationally, the volume of empirical research involving digital labor markets is considered to be low. Nationally, research in the context of Sharing Economy rarely focuses on the labor perspective. Despite being a growing phenomenon, no studies were found on the production of meanings and meaningfulness of work by app drivers. Design/methodology/approach: This qualitative and exploratory research was carried out with 37 app drivers between May and September 2017, in Porto Alegre (RS, Brazil). Randomly selected, respondents were called to a work route by the transport application. The interviews’ content was categorized and analyzed according to the framework of Rosso et al. (2010). Findings: Elements that refer to all the model quadrants were found: “self-connection”, “individuation”, “contribution”, and “unification”. The predominant meaning, however, is desire, seeking and valuing by the agency, in the mechanisms of self-efficacy and self-management, especially in the financial, autonomy and flexibility perspectives. This research contributes to the intersection of the study of the labor world transformations and the construction of meanings and meaningfulness, using a framework little used in Brazilian research. It also collaborates to broaden the understanding of digital labor markets, especially their impact on workers.
In 2023, the projected gross volume of the gig economy is expected to reach ***** billion U.S. dollars. The gig economy is commonly defined as digital platforms that allow freelancers to connect with potential clients for short-term jobs, contracted work, or asset-sharing.