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Is freelancing popular in India?

Is freelancing popular in India?

Globally, India ranks as the 7th largest freelance workforce after the US and Bangladesh with over 5 lakh people working independently in various sectors such as IT and programming, finance, sales and marketing, designing, animation, videography, content and academic writing.

What percentage of Indians are freelancers?

As per Wikipedia, by 2020, 50\% of workers are expected to go freelance. Currently, there are 15 million freelancers in India.

Is freelancing growing in India?

According to a recent report, India witnessed an increase of 46 percent in new freelancers from Q1 to Q2 2020. The report also ranked India — the second-fastest-growing freelance market in the world with an estimated 15 million freelancers.

Is India the second-fastest-growing freelance market in the world?

India is the second-fastest-growing freelance market in the world with a massive increase in the number of freelancers this year, according to a report on ‘Freelancing in 2020: An Abundance of Opportunities’ by Payoneer.

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What is the future of freelancing in India?

By 2025, freelancing statistics is estimated to grow to $20 to 30 billion In India. Freelancing in India has already become popular enough to catch hold of a large segment of job-seeking, independent professionals looking forward to learning new ideas and explore more work genres.

How many freelancers are there in India?

The number of freelancers in India is whopping 15 million individuals, working independently in wide array of sectors like IT and programming, finance, sales and marketing, designing, animation, videography, content and academic writing etc. Reports hold that one-in-four freelancers in the world is from India.

Where does a freelancer’s income come from?

While a major part of freelancer’s income comes from foreign sources, mostly Europe and the US, the rising culture of Startup and entrepreneurship in India, contributes handsomely as well when it comes to measuring the pay scales. As per Wikipedia, by 2020, 50\% of workers are expected to go freelance.