| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
1 | ||||||
2 | Annual Online Work Industry Growth Rate | 31% | ||||
3 | Annual Connected Population Growth Rate: | 11% | ||||
4 | ||||||
5 | Year | Online Work Industry Size | Population with Access | Online Work Industry Projection | ||
6 | 2012 | $1,000,000,000 | 2,700,000,000 | $1,000,000,000 | ||
7 | 2013 | $1,310,000,000 | 2,998,350,000 | $1,454,755,000 | ||
8 | 2014 | $1,716,100,000 | 3,329,667,675 | $2,116,312,110 | ||
9 | 2015 | $2,248,091,000 | 3,697,595,953 | $3,078,715,624 | ||
10 | 2016 | $2,944,999,210 | 4,106,180,306 | $4,478,776,947 | ||
11 | 2017 | $3,857,948,965 | 4,559,913,230 | $6,515,523,158 | ||
12 | 2018 | $5,053,913,144 | 5,063,783,642 | $9,478,489,891 | ||
13 | 2019 | $6,620,626,219 | 5,623,331,734 | $13,788,880,562 | ||
14 | 2020 | $8,673,020,347 | 6,244,709,891 | $20,059,442,941 | ||
15 | 2021 | $11,361,656,654 | 6,934,750,333 | $29,181,574,916 | ||
16 | 2022 | $14,883,770,217 | 7,701,040,245 | $42,452,042,017 | ||
17 | Increased Value | $27,568,271,800 | ||||
18 | ||||||
19 | *SIA placed the market size at $1billion in 2012 and projects $5billion by 2018 | |||||
20 | *This reflects an annual industry growth rate of 31% which was determined by reaching $5billion in 2018 | |||||
21 | *Each year's connected population assumes consistent growth. To reach full access within 10 years this worked out to 11% per year | |||||
22 | *In order to quantify we randomly chose a 10 year timeframe | |||||
23 | ||||||
24 | SOURCE: oDesk (www.odesk.com) -- The world's largest online workplace | |||||