Freelance Marketplaces Trend Creating the Future of Work in India

Freelance Marketplaces Trend Creating the Future of Work in India

The demand for recruiting freelancers has increased in recent months like never before in India. Because of the current state of uncertainty, companies appreciate the ability to meet a range of needs. That’s where freelance marketplaces become trend and creating the future of work. 

Since the outbreak of the Covid-19 pandemic, the workplace ethos has shifted toward freedom and adaptability. With the rapid speed of change in the workplace, many workers are opting to try a variety of jobs. In this situation freelance marketplace like Flexgigzz, Fiverr and Upwork offer a platform where people can sell almost any kind of their service digitally.  

According to a recent survey, the number of new freelancers in India increased by 46% from Q1 to Q2 2020. With an estimated 15 million freelancers, India is the world’s second-fastest-growing freelance market, according to the survey.¬†

Freelance Marketplaces

Startup Hype  

Start up hype are everywhere in the world also in India, since start-ups have a limited budget, the founders search for ways to reduce costs and find resources that are good value for money. In the same way, when it comes to creative design and production, startups typically search for better options than hiring an agency or forming an in-house team. 

In this situation, the founders have discovered the most cost-effective and effective method of finding freelancers online. The availability of new-age digital freelance marketplaces not only provides startup entrepreneurs with a cost-effective solution, but also gives them access to a large pool of freelance practitioners who have already collaborated with a variety of clients. 

Furthermore, the current pandemic has prompted people with innovative business ideas to step forward and pursue their dreams of becoming entrepreneurs. Many homegrown and local companies are seen using the accessibility of freelance marketplaces to speed up their business operations.  

Freelance Marketplaces

Remote Working Culture  

Organizations have been forced to follow remote operating models as a result of pandemic-induced lockdown and stay-at-home orders. In addition, as the economy slows, businesses search for ways to reduce their costs. Furthermore, the culture of remote working has intensified the trend of moving away from conventional working methods and toward outsourcing services. 

Integration of technology in freelance models 

New technologies such as Artificial Intelligence, Data Analytics, and others have narrowed the gap between the seeker and the doer. This holds true for the freelance industry as well.¬†Technological integration of freelance marketplace models, on the other hand, has altered people’s perceptions of jobs. Freelancers have the freedom to work from home or in a conventional office setting, allowing them to maximize their work-life balance.¬†

Conclusion  

With the introduction of gig sites, the freelance world has already undergone a transformation. The main accelerants of the freelance marketplace models are the pandemic, modern work culture, and organizations’ change away from conventional work practices. Freelance marketplaces are expected to reshape the future of work in the business world.¬†

 

Source: IndiaToday  

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About Skyhigh.Vip

Skyhigh.Vip is a global institutional investor with vast interest in Arts / Construction / Education / Business Services / E-Sports and various other growth industries.

Several of its popular portfolio includes GO Chambers which is the world’s largest business chamber listing providers with over 30,000 active chambers as its members.

Flexgigzz is the Asia leading marketplace for freelancer service and together with SOHO Learning Hub which is an online platform for short courses and both of them aims to be the number one provider in Asia. For growth industries such as E-Sport Authority which is dedicated to providing independent media coverage to all E-Sport News related from around the world and for the art world, there is Atelier Auction which is an investable art auctioneer and being in the art scene for decades

 

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