Freelancers Are Doing Well in a Wide Range of Industries

The internet’s ability to create a flood of new freelance opportunities was previously unthinkable. Despite the growing popularity of telecommuting, only 17 percent of workers were able to work from home in 2014. As a result of government-mandated stay-at-home policies, this percentage was expected to rise to 36% by 2020. It aided in the development of a trend toward remote working, which may soon become the norm for the majority of people. The fact that many people choose to work as freelancers for reasons other than financial necessity is an intriguing aspect of the current situation. They do so voluntarily, foregoing the benefits of having stable employment.

According to the findings of a recent survey conducted by Payoneer, a leading financial service available on the majority of freelance platforms, the global pandemic caused a short-term decline in revenue growth before facilitating a significant revenue increase. The decline was in the 15 to 17 percent range, and the recovery resulted in a 28 percent increase in cash flow when compared to the beginning of 2020. According to Payooner, the demand for freelance workers increased by 208 percent in the Philippines and by 160 percent in India. The United States of America did not make the top ten list of countries with significant increases in freelance rates; however, it did see an 11 percent increase in May 2020 and an additional 18 percent increase in June of that same year. In 2019, 35% of the working population in the United States worked from home. As the year 2021 comes to a close, it is clear that the shift to working from home will continue. The following is a breakdown of four different industries where there is a high demand for people willing to work remotely.

Accounting Despite the widely held belief that technology has the potential to replace up to 94 percent of accountants, the freelance accounting sector is doing exceptionally well. It is expected to experience annual job growth of 4% through 2029. According to the most recent estimates, sixty percent of small business owners admit to having limited accounting knowledge and outsource the completion of bookkeeping responsibilities. As a result, despite the fact that automated software can save businesses an average of $16 per invoice, jobs for mathematicians should be stable for the foreseeable future. This is especially evident when one considers that the accounting industry in the United States generates more than 110 billion dollars in revenue each year. With 37% of its employees working from a remote location. This percentage will only rise as a result of the ongoing pandemic and its long-term consequences.

The practice of gambling via the internet

Microgaming, which had its headquarters on the Isle of Man, and CryptoLogic, which had its headquarters in Toronto, were the two companies that served as the pioneers of the online gambling industry during the middle of the 1990s. In the beginning, this was a niche market that catered exclusively to people who were up to date on the latest technological advances. By the year 2028, the global smartphone market is projected to bring in a total of $158 billion in annual revenue, according to projections made by the market research firm Fortune Business Insights. When they were first made available to consumers, smartphones experienced a meteoric rise in demand. The number of places that feature casinos is rapidly expanding, which is cause for concern. On the other hand, affiliate hubs have seen a rise in popularity in this sector throughout the past few years. These are websites that promote casinos and various other platforms for betting, and they are searching for content writers to fill the pages of their websites. Not only do well-known gaming companies provide alluring referral fees, but they also keep a permanent link between an affiliate website and the players brought in by that website. This is done to maximize the amount of revenue that can be generated from each player. As a consequence of this, operating such pages can consequently be a fruitful source of passive income.

Consulting services in the areas of both personal and professional development

The American Psychological Association (APA) released a report in 2017 that discussed a developing pattern in the utilization of online therapy. The report was titled “Growing Trend in the Use of Online Therapy.” After a delay of four years, the American Psychological Association (APA) has finally published a follow-up report in which it asserts that online therapy is here to stay and refers to several studies that demonstrate the effectiveness of this form of treatment. People are increasingly seeking guidance on how to improve themselves from “life coaches” in addition to consulting with mental health professionals. This trend is expected to continue in the foreseeable future. Members of the general public who assert that they are competent to offer guidance based on the breadth and depth of their own experiences It is the world’s second-fastest growing second-fastest-growing industry, according to the International Coaching Federation, which places it just behind online education as the top spot. Between the years 2016 and 2020, there was an increase of 33 percent in the number of individuals working as life coaches. With a revenue of $250 billion per year, the consulting industry is one of the most developed and established in the professional services sector. This puts it in a better position than the other two markets that were discussed earlier. As a consequence of this, in the modern world, anybody who possesses a particular set of skills and an understanding of marketing can market themselves as having the expertise necessary to sell their advice.

Help Desk is There to Serve You

The field of customer service is currently open to anyone who can communicate effectively in English, possesses a laptop computer, and has access to the internet. With an anticipated annual compound growth rate of 22%, it is anticipated that by the year 2027, its value on a global scale will have reached 32 billion dollars. 72% of happy customers will share their positive experiences with others, and 67% of those customers are willing to pay more for premium service. In addition, 57 percent of customers are willing to switch service providers if they discover that another company offers superior customer service to the one that they are currently using. As a consequence of this, companies ought to place a high priority on ensuring that their customers are happy. It has been predicted that by the year 2024, as many as 80 percent of all customer support agents worldwide will perform their jobs from the comfort of their own homes. As a direct consequence of this, there ought to be a significant number of job openings available in this industry.