India Ranking In Freelancing 2022



How much do you know about freelancing in India? How many Indian freelancers are there today? What are the top challenges that freelancers face in India today? If you have been thinking about becoming a freelancer or running your own freelance business, this article on India ranking in freelancing 2022 should be of interest to you, as it provides an overview of the state of the freelancing economy in India today and some interesting insights into what may happen with the growth of the industry in years to come.

If you want to learn more about the India ranking in freelancing, then read on to discover how this country has jumped into the top 10 countries with freelance talent. That’s right, when you look at the freelance market, India is now the 8th largest country with freelancers offering their services to anyone around the world who wants them. This article will tell you everything you need to know about how this came about and what it means for employers everywhere!


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Freelancing in India

India’s ranking in freelancing has dropped by one position in the recently released report of Freelancing Around The World. India was ranked as the 7th most popular country for freelancers globally, but now it stands at the 8th position with an estimated freelance workforce of 60 million people around the world and more than 3,000 service provider companies offering freelancing services across diverse sectors such as IT, technology, information technology enabled services, accounting and finance, HR consultancy, sales and marketing and graphic design.


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What is the future of freelancer in India?

According to a recent study, more than 50% of India is ready to choose freelancer work as their main career. This will not only help them to save money but also increase profit significantly. The government of India too has already started considering freelancers in its policy making. So, freelance job market in India is growing at a rate of 32% every year. The Government of India recently issued new guidelines for a clear definition between contract workers and employees.


Is freelancing growing in India?

Due to several reasons like technology, globalization, rising internet penetration in India and many more, freelancing is growing at a rapid pace. It’s estimated that around 10 million people are working as freelancers in India.


Future of Freelancing in india  

A survey conducted by online hiring platform Upwork has revealed that India ranks eighth in the list of top 10 countries with highest growth potential in freelancing across the globe. The survey, which analysed 12 different countries, found that the Indian freelancing industry will be growing at an estimated CAGR of 29% during 2017-2022 and reach $3 billion by the end of 2022.


How big is the freelancing industry in India?

The freelance industry in India has been expanding at a rapid pace over past few years. With freelancers having access to advanced technologies and applications, they can now work from anywhere in their own homes. In fact, almost one-third of India’s working population are now freelancers! It is projected that by 2022, more than half of India’s workforce will be freelancers.


How many freelancers in India in 2023?

The number of freelancers in India is expected to increase by over 50% between 2015 and 2022. By 2021, it’s estimated that there will be 19.8 million freelancers in India; making up around 5% of India’s population and more than 10% of the nation’s workforce. However, with each passing year freelancers are becoming more and more important to local economies and businesses.


India Ranking In Freelancing 2023

India has been ranked 7th in a list of fastest growing freelancing countries in world. India's freelancer economy is currently valued at $108 billion and expected to grow by almost 40 percent over next two years. With 48,000 new jobs expected to be created by 2020.


Business Opportunities in Indian markets

With Indian Government promoting Make in India campaign, it is expected that there will be significant opportunities for hiring business process outsourcing workers in India. Business process outsourcing companies are looking for people who can speak multiple languages and understand client requirements. Technology professionals are a critical piece of any outsourced workforce, and so those who have experience working with freelance websites like Upwork or Freelancer will enjoy an increased chance of landing these kinds of jobs.


What is the average salary of a freelancer in India?

Although there is no standard answer to that question, you can expect it to be significantly less than what someone earning a 9-to-5 job would make. According to India’s top freelancer websites, like Guru and Upwork, Freelancer in India earn around $15 per hour on average.


Is freelancing good for students in India?

Yes, it is a great platform to start an entrepreneurial journey as well as for students to earn some extra cash for their education. More than half of its population is of millennials and majority will be working freelancers by 2022. Freelancing has emerged as one of the most flexible and lucrative career options across industry verticals.


Top 10 countries for freelancers 2023

The top 10 countries for freelancers in 2022 are likely to be much different than they are now. Here is an idea of what these lists might look like. 


  • 1.  United States 
  • 2. United Kingdom
  • 3. Brazil 
  • 4.  Pakistan
  • 5. Ukraine  
  • 6. Philippines 
  • 7. India
  • 8. Bangladesh
  • 9. Russia   
  • 10. Serbia

 

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These ten countries will offer freelancers a good combination of money, tax laws, and other perks that make it worthwhile to work remotely there rather than from home or from another country.