Gig Economy Statistics (2026): Growth & Market Size

Gig Economy Statistics (2026): Growth & Market Size

The gig economy has grown rapidly due to its flexibility and potential for side income. Today, about 435 million gig workers operate globally, representing 4.4% to 12.5% of the total workforce. 

Driven by the shifting workforce preference of the newer generations, the gig economy is reshaping traditional employment models.

In this article, we’ll explore some key gig economy statistics, including demographics, earnings, global market trends, and future projections, that are shaping the gig economy.

Gig Economy Statistics 2026: Top Picks

  • The global number of gig workers is approximately 435 million worldwide. 
  • Online gig workers form 4.4-12.5% of the labour force.
  • The United States has 76.4 million freelancers.
  • In 2023, 48% of the global workforce was self-employed.
  • The gig economy is projected to reach $2,178.4 billion by 2034.
  • India leads with 21% CAGR in gig economy growth.
  • The average U.S. freelancer’s annual income is $108,028 a year.

How Many Gig Workers Are There In The World?

  1. According to World Bank estimates, the number of gig workers globally is around 435 million.
  1. The proportion of online gig workers in the global labour force is estimated to be between 4.4% and 12.5%.

Source: World Bank

  1. The US, the largest freelance market, has 76.4 million freelancers in 2025, accounting for approximately 36% of the total US workforce.

Source: Carry

  1. Freelancers, often referred to as gig workers, differ in that they are involved in more professional work. According to the 2023 World Bank data, 48% of the global workforce is self-employed.
  1. This percentage has declined since 1991, when it was 55.7%. It saw a little uptrend from 2019 (47.6%) to 2020 (48.2%).
Sr. No. Year Self-Employed
1 2014 48.92%
2 2015 48.45%
3 2016 48.03%
4 2017 47.88%
5 2018 47.69%
6 2019 47.63%
7 2020 48.15%
8 2021 48.04%
9 2022 48.11%
10 2023 47.97%

Note: This is the last recorded data by the World Bank in 2023.

Source: World Bank2

  1. As of 2023, the total labour force is approximately 3.63 billion, with a self-employed workforce of around 1.74 billion.

Source: WEC Europe

Global Gig Economy Market Size

  1. The global gig economy market is currently valued at $582.2 billion.
  1. It is expected to reach $2,178.4 billion by 2034, with a 15.79% CAGR.
Global Gig Economy Market Growth
Year Global Gig Economy Market Size
2025 $582.2 billion
2026* $674.1 billion
2027* $780.6 billion
2028* $903.8 billion
2029* $1,046.5 billion
2030* $1,211.8 billion
2031* $1,403.1 billion
2032* $1,624.7 billion
2033* $1,881.2 billion
2034* $2,178.4 billion

*Projected Values based on the available data

Source: BRI

  1. The global gig economy revenue reached around $3.8 trillion in 2022.

Source: Staffing Industry

  1. The World Bank report documents that demand for online gig work increased by ~41% between 2016 and Q1 2023.

Source: World Bank3

Gig Workers Demographics

  1. Australia has one of the highest growth rates in the global gig economy, at 18.9% CAGR.
  1. Russia, despite an emerging economy, has a CAGR of just 14.7%.

Source: CMR

  1. Baby Boomers, born between 1946 and 1964, make up only 15% of the total gig workers.

Source: Get Whizz

Gig Workers By Age

  1. Ages 27-42 account for 48 % of gig workers. Many gravitate to freelancing for its flexible schedule and autonomy.
  1. Generation Z, people aged 18 to 26, comprise approximately 30% of the gig labor workforce.
Gig Workers Age-Wise Distribution
Sr. No. Generation Age Range Share of Gig Workers
1 Millennials 27-42 48%
2 Generation Z 18-26 30%
3 Baby Boomers 51-79 15%

Source: Get Whizz

Gig Workers By Gender

  1. The distribution of genders among gig workers in the US is skewed, with 54% being males and 46% females.
US Gig Workers Gender Split
Sr. No. Gender % Gig Workers
1 Male 54%
2 Female 46%

Source: USA Facts

  1. Men (31%) are more likely to be employed in the gig economy than women (18%).

Source: AFEUSA

  1. Out of the 1.1 million gig workers in the UK, 31% are females (approximately 341,000).

Source: B2E

Gig Economy By Country

  1. India is currently home to the fastest-growing gig economy with a 21% CAGR. This is primarily due to its high population density and rapid urbanization.
  2. South American markets, comprising Argentina with 17.5% and Brazil with 14.9% are growing at a rate higher than the global average in the gig economy.
  1. European economies, such as Germany at 15.9% and France at 14.9% are growing more slowly than their Asian counterparts.
Gig Economy Growth CAGR By Country
Sr. No. Country CAGR
1 India 21%
2 Australia 18.9%
3 China 18.7%
4 South Korea 18.3%
5 Japan 17.7%
6 Argentina 17.5%
7 Brazil 17.2%
8 Egypt 17.2%
9 Chile 16.9%
10 Peru 16.8%
11 South America 16.6%
12 United Kingdom 16.5%
13 Colombia 16.4%
14 Turkey 16.4%
15 Canada 16.2%
16 Mexico 15.9%
17 Germany 15.9%
18 United States 15.2%
19 Italy 15.1%
20 France 14.9%
21 Spain 14.8%
22 Russia 14.7%

Source: CMR

Gig Economy Future Projections

  1. By 2027, freelancers are projected to constitute 50.9% of the US workforce.
  1. 60% of freelancers are expected to use AI-driven platforms for skill development (up from 35% in 2023).

Source: LinkedIn

  1. India is estimated to have 23.5 million gig workers by 2030, up from 7.7 million workers in 2020-21.

Source: NITI Aayog

  1. The freelance platforms market is expected to reach $16.54 billion by 2030, from an estimated $7.65 billion in 2025.

Source: Mordor

  1. The Freelancer Management System market was valued at $4.5 billion in 2023 and is expected to reach $12.6 billion by 2032, with a CAGR of 12.1%.

Source: Dataintelo

  1. The European Commission’s analysis counted over 500 digital labour platforms active in the EU. It employed 28 million people in 2021, and this number is expected to grow to 43 million by 2025.

Source: European Parliament news

Top In-Demand Gig Economy Jobs

  1. The highest-paying gig role is Amazon reseller work, averaging $102 per hour, which is nearly 10 times higher than lower-paying roles, such as transcriptionist or virtual assistant positions, which average around $10 to $20 per hour.
  2. AI jobs pay the most, with an AI prompt engineer earning an average hourly wage of $54. That is more than a digital product seller, who gets $37/hour, or a podcast editor, who gets $32/hour.

Want to know more about AI usage across companies? Check out our detailed article on How Many Companies Use AI?

  1. Traditional service jobs, such as rideshare driving ($16-$23/hr) and pet sitting ($16/hr), typically pay less. This shows a division between digital work plus manual or service work in the gig economy.
Sr. No. Job title Average pay
1 Amazon reseller $102/hr
2 AI prompt engineer $54/hr
3 Online course creator $40/hr
4 Digital product seller $37/hr
5 Podcast editor $32/hr
6 Remote notary $31/hr
7 Freelance writer $15-$50/hr
8 Web designer/developer $15-$40/hr
9 Graphic designer $15-$35/hr
10 Social media manager $14-$35/hr
11 Online tutor $26/hr
12 Delivery driver $16-$27/hr
13 Task-based gig worker $19/hr
14 Pet sitter/dog walker $16/hr
15 Rideshare driver $16-$23/hr
16 Transcriptionist $12-$22/hr
17 Virtual assistant $10-$20/hr
18 AI-powered virtual assistant $10-$20/hr
19 Short-term rental host $18/hr

Source: Upwork

How Much Do Gig Workers Get Paid?

  1. The average hourly pay for a gig job in the US is $16.67, with an hourly salary range of $10.10 to $27.16.

Source: ZipRecruiter

  1. As of August, 2025, the average annual pay for a freelancer in the United States is $108,028 a year.

Source: ZipRecruiter 2

  1. This is more than double the Median Personal Income of $42,220.

Source: FRED

  1. In 2011, only 12.5% of freelancers earned more than $100,000/year. This number has now grown to 62.96% in 2022.

Source: Bloggingwizard

Gig Economy 2026 Projections

  • EU Worker Reclassification: All EU Member States must implement the Platform Work Directive by December 2, 2026, granting full employment rights and benefits to millions of gig workers.
  • Market Growth Milestone: The global gig economy market is projected to reach a valuation of $674.1 billion in 2026, fuelled by a consistent 15.79% compound annual growth rate.
  • AI Wage Premium: Freelancers with specialized AI and prompt engineering skills are commanding a 56% wage premium over traditional roles as “Agentic AI” becomes a standard workplace tool.
  • US Workforce Shift: US freelancers are expected to represent approximately 48.5% of the total workforce by late 2026, nearing a historical majority predicted for 2027.
  • India’s Expansion: Driven by a 21% CAGR, India’s gig workforce is on track to surpass 10 million workers in 2026 as digital infrastructure reaches Tier-II and Tier-III cities.

0 comments

Leave a comment