Proof Point
Majority of 2.6 million freelancing jobs posted by U.S. companies required creative skills, while highest revenue went to Information Technology (IT) projects
U.S. Freelancing Job Volume and Value by Skill
2014 (million jobs / billion US$)
Proof Point Findings
- Freelance Jobs – Projects appointed to self-employed individuals on contractual or temporary basis
- Freelance Job Volume – Creative jobs (1.10 million jobs or 40.9% of total volume) lead number of projects outsourced by U.S. companies, followed by IT-related tasks (1.05 million jobs or 39.1% of total volume)
- Freelance Job Value – Though second in volume, IT earned significantly higher ($1.7 billion or 58.6% of total value) than creative jobs ($0.63 billion or 21.8% of total value)
- Key Growth Drivers – Include proliferation of cloud-based freelance platforms (e.g. Upwork, Fiverr, 99 Designs) and crowd-based apps (e.g. Uber, YourMechanic, uShip), increasing reliance of companies on external talent, and intangible freelancing benefits (e.g. better time management, location flexibility, work variety, and creative freedom)
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Market Disruption |
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Source |
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Date Last Updated |
May 25, 2017
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