Archive · 19 May 2025
Gig Economy Surges in FY25, Driven by Project-Based Talent Demand
The gig economy, where people work on projects rather than having full-time jobs, is growing quickly.
In FY25, hiring of consultants and project workers increased by 38%.
Companies want specialists to help them with new technology and changing needs.
Many people, especially younger ones, prefer this kind of work because it offers variety and freedom.
Tech, business strategy, and finance are seeing the most freelance work.
More projects are also being done remotely, with workers often helping clients around the world from their homes.
Demand for consultants and project-based talent rose 38% in FY25.
Freelance economy growth is outpacing prior years' average.
Technology, strategy, and finance sectors lead in demand for freelance talent.
Consultant sign-ups soared, with younger professionals choosing independence.
Remote work opportunities are increasing in freelance projects, especially in digital and strategic roles.
- Who
- Companies seeking flexible talent and independent professionals.
- What
- A surge in demand for consultants and project-based talent within the gig economy.
- When
- FY25
- Where
- India
- Why
- Businesses seek agility and specialized skills amid technological advancements.
- Gig Economy Growth in FY25
- 38%
- Average growth in prior two years
- 17%
- Top Hiring Sectors
- Technology (25%), Strategy/Business Development (15%), Finance (11%)
- Consultant Sign-up Growth in Two Years
- 127%
- Consultants with less than 10 years experience
- 59%
- Remote Project Percentage
- 25%
- Tech projects involving AI
- 8%