Leaving behind all the developed countries including US, India is now the largest provider of internet labour.
According to latest Online Labour Index, second most populated country on the planet is home to 24 percent of the labour force online. Whereas developed countries like US and UK had 12% and 6%.
India is followed by Bangladesh (16 %) and United States (12 %). Different countries’ workers focus on different occupations.
In particular, the software development and technology category is dominated by workers from the Indian subcontinent, making up 55 percent of the market. Creative and multimedia services came second, and sales and marketing support was the third most popular sector.
The software development and technology category is dominated by workers from the Indian subcontinent, who command a 55 percent market share. The professional services category, which consists of services such as accounting, legal services, and business consulting, is led by UK-based workers with a 22 percent market share.
The Online Labour Index worker supplement is collected from four of the largest online labour platforms, also known as online freelancing or online outsourcing platforms: Fiverr, Freelancer, Guru, and PeoplePerHour. It also added that global economy has grown 26 percent from July 2016 to June 2017.
Workers from Internet-savvy countries in Sub-Saharan Africa, such as Nigeria, Kenya, and South Africa, can also be seen participating in the market. They are especially active in writing and translation work, with a global market share in that category of about 6 percent.
The second largest category in Kenya is software development and technology work, consistent with efforts to build a local technology outsourcing sector in the country.
The data is collected exclusively from English-language platforms, added report. The figures are based on data collected in first week of July 2017.