Understanding The Gig Economy: The Rise of On-Demand Workforce
The gig economy has become a popular labor market for those seeking flexibility and independence in their employment. Gig Economy platforms ...
$455 billion by 2023
The future of the gig economy looks bright. With the value of the gig economy projected to be worth a staggering <anchor>$455 billion by 2023</anchor> and an ever-increasing number of independent workers, it’s easy to understand why people are so confident in its potential. According to a survey conducted by Upwork, 86% of freelancers think that the best days for their industry are yet to come, which gives us more evidence that this trend will continue into the foreseeable future.
Gig economy: projected gross volume 2023 | Statista
Gig economy: projected gross volume 2023 \| Statista

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# Gig economy projected gross volume 2018-2023

Published by
[Statista Research Department](/aboutus/our-research-commitment),

Aug 12, 2024


[Link to Statistic](#statisticContainer)
In 2023, the projected gross volume of the gig economy is expected to reach 455.2 billion U.S. dollars. The gig economy is commonly defined as digital platforms that allow freelancers to connect with potential clients for short-term jobs, contracted work, or asset-sharing.


Read more


## Projected gross volume of the gig economy from 2018 to 2023     (in billion U.S. dollars)

CharacteristicGross volume transactions in billion U.S. dollars------------

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Additional Information


[© Statista 2024](/statistics/report-content/statistic/1034564 "Report")

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Release date


May 2019

**More information**

Region


United States

Survey time period

2019

Supplementary notes


\*Forecast

The source defines the gig economy as digital platforms that allow freelancers to connect with potential clients for short-term services or asset-sharing.

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## Other statistics on the topic   [Gig economy in the U.S.](/topics/4891/gig-economy-in-the-us/)

[![Number of freelancers in the United States from 2017 to 2028 (in millions)](https://cdn.statcdn.com/Statistic/920000/921593-blank-100.png)+\
\
Economy\
\
Number of freelancers in the U.S. 2017-2028](/statistics/921593/gig-economy-number-of-freelancers-us/) [![Share of freelance workers in the United States in 2021, by industry](https://cdn.statcdn.com/Statistic/1125000/1128117-blank-100.png)+\
\
Economy\
\
U.S. share of freelance workers by industry 2021](/statistics/1128117/share-people-freelancing-industry-us/) [![Highest paying gig economy jobs in the United States in 2020, by earnings per hour (in U.S. dollars)](https://cdn.statcdn.com/Statistic/1035000/1035454-blank-100.png)+\
\
Economy\
\
Highest paying gig economy jobs by earnings per hour U.S. 2020](/statistics/1035454/gig-economy-highest-paying-jobs-us/) [![Satisfaction of gig economy workers with independent work in the United States in 2021](https://cdn.statcdn.com/Statistic/915000/916294-blank-100.png)+\
\
Economy\
\
Satisfaction of gig economy workers with independent work U.S. 2021](/statistics/916294/gig-economy-satisfaction-workers-current-job/)


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## **Statistics on**  "    Gig economy in the U.S.    "

**The most important statistics**

- [U.S. share of freelance workers by industry 2021](/statistics/1128117/share-people-freelancing-industry-us/)
- [U.S. number of people working independently 2017-2023, by frequency](/statistics/918285/gig-economy-number-people-working-independently-frequency-us/)
- [Gig economy projected gross volume 2018-2023](/statistics/1034564/gig-economy-projected-gross-volume/)
- [Highest paying gig economy jobs by earnings per hour U.S. 2020](/statistics/1035454/gig-economy-highest-paying-jobs-us/)
- [U.S. adults leading reasons for taking on gig platform work 2021](/statistics/1346884/major-reasons-gig-platform-work/)

**The most important statistics**

- [U.S. freelance workforce distribution 2022](/statistics/685553/distribution-of-freelance-workforce-us/)
- [Number of freelancers in the U.S. 2017-2028](/statistics/921593/gig-economy-number-of-freelancers-us/)
- [U.S. freelance workers 2021, by level of education](/statistics/531018/education-of-freelancers-us/)
- [U.S. gig platform workers 2021, by age](/statistics/1347024/gig-platform-workers-age-us/)
- [U.S. gig platform workers 2021, by race](/statistics/1346950/gig-platform-workers-race-us/)
- [U.S. gig platform workers 2021, by gender](/statistics/1347041/gig-platform-workers-gender-us/)

**The most important statistics**

- [U.S. adults who earned money through gig platform work 2021, by type of work](/statistics/1345778/gig-platform-work-type-work-us/)
- [U.S. typical payment structure of people freelancing 2020](/statistics/1128162/typical-payment-structure-people-freelancing-us/)
- [U.S. wage comparison of freelancing to employer jobs 2021](/statistics/1128174/wage-comparison-freelancing-employer-jobs-us/)
- [U.S. share of high-earning independent workers 2011-2022](/statistics/917979/gig-economy-share-high-earning-independent-workers-us/)
- [Share of gig workers whose emergency savings would not last one month U.S. 2020](/statistics/1035743/gig-economy-share-workers-difficulty-handling-unexpected-expense-us/)
- [U.S. adults who say gig platform work is important for meeting basic needs 2021](/statistics/1346877/gig-platform-work-basic-needs/)
- [U.S. gender pay gap of freelance workers 2022](/statistics/1345779/freelance-gender-pay-gap-us/)
- [U.S. gender pay gap of freelance workers 2022, by selected roles](/statistics/1346706/freelance-gender-pay-gap-us-selected-roles/)

**The most important statistics**

- [Access to employer benefits among full-time employees and gig workers in U.S. 2018](/statistics/917731/gig-economy-access-employer-based-benefits-full-time-employees-gig-workers-us/)
- [Access to employer-based benefits in the gig economy in the U.S. by generation 2018](/statistics/917653/gig-economy-access-employer-based-benefits-us-generation/)
- [Access to employer-sponsored retirement among full-time and gig workers U.S. 2018](/statistics/917763/access-employer-sponsored-retirement-plans-full-time-employees-gig-workers-us/)
- [Retirement savings among gig economy workers U.S. 2018](/statistics/919117/gig-economy-accumulated-retirement-savings-among-workers-us/)
- [Health insurance attainment methods of freelancers U.S. 2019](/statistics/685583/health-insurance-attainment-of-freelancers-us/)

**The most important statistics**

- [U.S. top reasons for independent work 2022](/statistics/530887/top-ten-reasons-for-freelance-work-us/)
- [Reasons for choosing independent work in the U.S. by gender 2020](/statistics/918006/gig-economy-reasons-choosing-independent-work-gender-us/)
- [Satisfaction of gig economy workers with independent work U.S. 2021](/statistics/916294/gig-economy-satisfaction-workers-current-job/)
- [Share of full-time independent workers who prefer a traditional job U.S. 2012-2020](/statistics/917958/gig-economy-share-full-time-workers-prefer-traditional-job-us/)
- [Salary requirements of freelancers to return to a traditional job U.S. 2019](/statistics/685772/freelancers-salary-requirements-to-return-to-a-traditional-job/)
- [U.S. leading concerns among freelancers 2020](/statistics/1128134/leading-concerns-people-freelancing-us/)
- [U.S. gig worker perception on the fairness of platforms 2021](/statistics/1346930/worker-perception-gig-platform-fairness/)
- [U.S. gig workers experiencing unwanted sexual advances 2021, by gender](/statistics/1347190/gig-workers-experiencing-unwanted-sexual-advances/)

## Other statistics that may interest you Gig economy in the U.S.

Overview


5


- [Premium Statistic\
U.S. share of freelance workers by industry 2021](/statistics/1128117/share-people-freelancing-industry-us/)
- [Premium Statistic\
U.S. number of people working independently 2017-2023, by frequency](/statistics/918285/gig-economy-number-people-working-independently-frequency-us/)
- [Premium Statistic\
Gig economy projected gross volume 2018-2023](/statistics/1034564/gig-economy-projected-gross-volume/)
- [Premium Statistic\
Highest paying gig economy jobs by earnings per hour U.S. 2020](/statistics/1035454/gig-economy-highest-paying-jobs-us/)
- [Premium Statistic\
U.S. adults leading reasons for taking on gig platform work 2021](/statistics/1346884/major-reasons-gig-platform-work/)

Demographics


6


- [Premium Statistic\
U.S. freelance workforce distribution 2022](/statistics/685553/distribution-of-freelance-workforce-us/)
- [Premium Statistic\
Number of freelancers in the U.S. 2017-2028](/statistics/921593/gig-economy-number-of-freelancers-us/)
- [Basic Statistic\
U.S. freelance workers 2021, by level of education](/statistics/531018/education-of-freelancers-us/)
- [Premium Statistic\
U.S. gig platform workers 2021, by age](/statistics/1347024/gig-platform-workers-age-us/)
- [Premium Statistic\
U.S. gig platform workers 2021, by race](/statistics/1346950/gig-platform-workers-race-us/)
- [Premium Statistic\
U.S. gig platform workers 2021, by gender](/statistics/1347041/gig-platform-workers-gender-us/)

Income & earnings


8


- [Premium Statistic\
U.S. adults who earned money through gig platform work 2021, by type of work](/statistics/1345778/gig-platform-work-type-work-us/)
- [Premium Statistic\
U.S. typical payment structure of people freelancing 2020](/statistics/1128162/typical-payment-structure-people-freelancing-us/)
- [Premium Statistic\
U.S. wage comparison of freelancing to employer jobs 2021](/statistics/1128174/wage-comparison-freelancing-employer-jobs-us/)
- [Premium Statistic\
U.S. share of high-earning independent workers 2011-2022](/statistics/917979/gig-economy-share-high-earning-independent-workers-us/)
- [Premium Statistic\
Share of gig workers whose emergency savings would not last one month U.S. 2020](/statistics/1035743/gig-economy-share-workers-difficulty-handling-unexpected-expense-us/)
- [Premium Statistic\
U.S. adults who say gig platform work is important for meeting basic needs 2021](/statistics/1346877/gig-platform-work-basic-needs/)
- [Premium Statistic\
U.S. gender pay gap of freelance workers 2022](/statistics/1345779/freelance-gender-pay-gap-us/)
- [Premium Statistic\
U.S. gender pay gap of freelance workers 2022, by selected roles](/statistics/1346706/freelance-gender-pay-gap-us-selected-roles/)

Benefits


5


- [Premium Statistic\
Access to employer benefits among full-time employees and gig workers in U.S. 2018](/statistics/917731/gig-economy-access-employer-based-benefits-full-time-employees-gig-workers-us/)
- [Premium Statistic\
Access to employer-based benefits in the gig economy in the U.S. by generation 2018](/statistics/917653/gig-economy-access-employer-based-benefits-us-generation/)
- [Premium Statistic\
Access to employer-sponsored retirement among full-time and gig workers U.S. 2018](/statistics/917763/access-employer-sponsored-retirement-plans-full-time-employees-gig-workers-us/)
- [Premium Statistic\
Retirement savings among gig economy workers U.S. 2018](/statistics/919117/gig-economy-accumulated-retirement-savings-among-workers-us/)
- [Basic Statistic\
Health insurance attainment methods of freelancers U.S. 2019](/statistics/685583/health-insurance-attainment-of-freelancers-us/)

Motivations and job satisfaction


8


- [Basic Statistic\
U.S. top reasons for independent work 2022](/statistics/530887/top-ten-reasons-for-freelance-work-us/)
- [Premium Statistic\
Reasons for choosing independent work in the U.S. by gender 2020](/statistics/918006/gig-economy-reasons-choosing-independent-work-gender-us/)
- [Premium Statistic\
Satisfaction of gig economy workers with independent work U.S. 2021](/statistics/916294/gig-economy-satisfaction-workers-current-job/)
- [Premium Statistic\
Share of full-time independent workers who prefer a traditional job U.S. 2012-2020](/statistics/917958/gig-economy-share-full-time-workers-prefer-traditional-job-us/)
- [Premium Statistic\
Salary requirements of freelancers to return to a traditional job U.S. 2019](/statistics/685772/freelancers-salary-requirements-to-return-to-a-traditional-job/)
- [Premium Statistic\
U.S. leading concerns among freelancers 2020](/statistics/1128134/leading-concerns-people-freelancing-us/)
- [Premium Statistic\
U.S. gig worker perception on the fairness of platforms 2021](/statistics/1346930/worker-perception-gig-platform-fairness/)
- [Premium Statistic\
U.S. gig workers experiencing unwanted sexual advances 2021, by gender](/statistics/1347190/gig-workers-experiencing-unwanted-sexual-advances/)

Further related statistics

16


- [Premium Statistic\
Number of fatal occupation injuries to independent workers by occupation U.S. FY 2018](/statistics/1078715/fatal-occupational-injuries-independent-workers-occupation-us/)
- [Premium Statistic\
Share of organizations that use contingent workers to avoid labor costs U.S. 2016](/statistics/1034438/gig-economy-share-organizations-use-contingent-workers-avoid-labor-costs-us/)
- [Basic Statistic\
Number of agency workers in full-time equivalents worldwide 1998-2014](/statistics/190694/total-number-of-agency-workers-worldwide-since-1998/)
- [Premium Statistic\
Contingent workers, leading challenges in the gig economy U.S. 2016](/statistics/1034464/gig-economy-leading-challenges-contingent-workers-united-states/)
- [Basic Statistic\
Number of agency workers in full-time equivalents in the U.S. 1998-2014](/statistics/190700/number-of-agency-workers-in-the-united-states-since-1998/)
- [Premium Statistic\
Freelancers who prefer independent work to full-time salaried jobs worldwide 2018](/statistics/1035242/gig-economy-freelancers-prefer-independent-work-full-time-salaried-positions/)
- [Premium Statistic\
Gender distribution of agency workers worldwide 2020](/statistics/190715/gender-of-us-agency-workers-2009/)
- [Premium Statistic\
Share of retirees participating in gig economy, by type of employment U.S. 2017](/statistics/1035335/gig-economy-retiree-participation/)
- [Premium Statistic\
Number of fatal occupation injuries to independent workers by age U.S. FY 2017](/statistics/1078776/number-fatal-occupation-injuries-independent-workers-age-us/)
- [Premium Statistic\
Temporary staffing service market size in Japan FY 2010-2017](/statistics/797548/japan-temporary-staffing-service-market-size/)
- [Premium Statistic\
Share of workers using gig economy platforms by source of income worldwide 2018](/statistics/1034590/share-workers-using-gig-economy-platforms-worldwide-source-income/)
- [Premium Statistic\
Hiring agency workers - Main reasons of companies 2009](/statistics/190930/reasons-for-hiring-agency-workers-in-the-us-2009/)
- [Basic Statistic\
Number of non-permanent residents in Canada 2000-2022](/statistics/443195/number-of-non-permanent-residents-in-canada/)
- [Premium Statistic\
Industry revenue of “civic and social organizations“ in Ohio 2012-2024](/forecasts/1210254/civic-and-social-organizations-revenue-in-ohio)
- [Premium Statistic\
Industry revenue of “other membership organizations“ in Georgia 2012-2024](/forecasts/1213517/other-membership-organizations-revenue-in-georgia)
- [Premium Statistic\
Industry revenue of “civic and social organizations“ in Ohio 2012-2024](/forecasts/1210547/civic-and-social-organizations-revenue-in-ohio)

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### Topics

[![](https://cdn.statcdn.com/Topic/4891.jpg)Gig economy in the U.S.](/topics/4891/gig-economy-in-the-us/) [![](https://cdn.statcdn.com/Topic/778.jpg)Unemployment in the U.S.](/topics/778/unemployment/) [![](https://cdn.statcdn.com/Topic/771.jpg)Employment in the U.S.](/topics/771/employment/) [![](https://cdn.statcdn.com/Topic/4610.jpg)Ride-sharing services in the U.S.](/topics/4610/ridesharing-services-in-the-us/) [![](https://cdn.statcdn.com/Topic/4694.jpg)Sharing services in the U.S.](/topics/4694/sharing-services-in-the-us/)

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MasterCard. (May 13, 2019). Projected gross volume of the gig economy from 2018 to 2023 (in billion U.S. dollars) \[Graph\]. In Statista. Retrieved September 13, 2024, from https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/?ref=www.fieldengineer.com%2Farticle

MasterCard. "Projected gross volume of the gig economy from 2018 to 2023 (in billion U.S. dollars)." Chart. May 13, 2019. Statista. Accessed September 13, 2024. https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/?ref=www.fieldengineer.com%2Farticle

MasterCard. (2019). Projected gross volume of the gig economy from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 13, 2024. https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/?ref=www.fieldengineer.com%2Farticle

MasterCard. "Projected Gross Volume of The Gig Economy from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 May 2019, https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/?ref=www.fieldengineer.com%2Farticle

MasterCard, Projected gross volume of the gig economy from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/?ref=www.fieldengineer.com%2Farticle (last visited September 13, 2024)

Projected gross volume of the gig economy from 2018 to 2023 (in billion U.S. dollars) \[Graph\], MasterCard, May 13, 2019. \[Online\]. Available: https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/?ref=www.fieldengineer.com%2Farticle

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