Freelancer.com, the popular and world’s largest outsourcing marketplace reached its one millionth project over the weekend. The company celebrated the event by hosting 82 meetup parties across the world.
The one million projects were developed by employees from over 240 countries, regions and territories worldwide and represented around US $86 million worth of paid work. The company estimates that they saved companies anywhere between half a billion and one billion dollars in spending.
One million projects is a huge landmark for us and shows that online outsourcing has truly gone mainstream,said Matt Barrie, CEO of Freelancer.com. Each one of these projects represents a real job that put money in the pocket of a freelancer and helped a business increase their productivity and lower their costs by getting quality, affordable work done,he continued.
Online Freelancing is a huge market with sites like Freelancer.com, Elance and oDesk, leading the market while providing companies, developers, designers and other freelancers and opportunity to connect with the right people across the world.
Many freelancing projects are usually based on bids, where freelancers can bid on projects and companies can choose the best possible person to get their job done.
According to Freelancer.com, PHP was the top project category followed by Website and Graphic Design. United States was the top outsourcing country followed by UK and India. India was the top freelancing country followed by United States and Pakistan. You will find more interesting numbers from Freelancing.com below.
The top five project categories are:
- PHP 8.9%
- Website Design 7.4%
- Graphic Design 4.5%
- Data Entry 3.9%
- Copywriting 3.5%
The top five outsourcing countries are as follows:
- United States 40.4%
- Great Britain 10.4%
- India 6.7%
- Canada 5.2%
- Australia 4.6%
Top five freelancing countries:
- India 33.5%
- United States 10.9%
- Pakistan 8.7%
- Bangladesh 5.8%
- Philippines 3.8%
The top 10 US outsourcing cities are:
- New York
- Los Angeles
- San Francisco
- San Diego