oDesk Growth Projections
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Annual Online Work Industry Growth Rate 31%
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Annual Connected Population Growth Rate:11%
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YearOnline Work Industry SizePopulation with AccessOnline Work Industry Projection
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2012$1,000,000,0002,700,000,000$1,000,000,000
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2013$1,310,000,0002,998,350,000$1,454,755,000
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2014$1,716,100,0003,329,667,675$2,116,312,110
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2015$2,248,091,0003,697,595,953$3,078,715,624
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2016$2,944,999,2104,106,180,306$4,478,776,947
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2017$3,857,948,9654,559,913,230$6,515,523,158
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2018$5,053,913,1445,063,783,642$9,478,489,891
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2019$6,620,626,2195,623,331,734$13,788,880,562
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2020$8,673,020,3476,244,709,891$20,059,442,941
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2021$11,361,656,6546,934,750,333$29,181,574,916
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2022$14,883,770,2177,701,040,245$42,452,042,017
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Increased Value$27,568,271,800
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*SIA placed the market size at $1billion in 2012 and projects $5billion by 2018
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*This reflects an annual industry growth rate of 31% which was determined by reaching $5billion in 2018
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*Each year's connected population assumes consistent growth. To reach full access within 10 years this worked out to 11% per year
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*In order to quantify we randomly chose a 10 year timeframe
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SOURCE: oDesk (www.odesk.com) -- The world's largest online workplace
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