Market Analyze

Today’s high-tech startups need faster and more flexible access to multidisciplinary talent. And traditional methods of staffing are often too time-consuming, expensive and restrictive. Tech recruiting has never been more difficult. Demand for skilled employees has skyrocketed, yet the supply of talent is falling short. According to a recent report by Man Power Group in 2023, 4 out of 5 employers worldwide report difficulty finding suitable staff. Employers are shifting focus to embrace new strategies like sourcing talent from a global pool and more flexibly managing teams in a growing gig economy. The capacity to pool global tech talent also removes geographical restrictions, enabling new access to more affordable, high-quality resources that were previously unreachable. 55% of employers are willing to hire talent from outside their own country (especially in the IT sector). On the other end of the stick, there is a significant presence of freelancers in the global labor market and their potential for continued growth. In 2023, the global population of freelancers has exceeded 1.57 billion.

According to Deloitte, global outsourcing spending might reach $132.10 billion in 2024. According to research and market surveys, the global market for outsourcing services will be worth $904.948 billion in total by 2027. The situation of the global outsourcing market today is comparable to an ecosystem that is buzzing with innovation. It has transcended geographical boundaries and developed into a significant element influencing business growth.

However, the process of recruiting talents from outside one’s country has complications on its own and the currently available platforms are far from adequate to fully support both recruiters and job seekers from A to Z. The purpose of dProfile is to give people access to a global job market with reliable data as well as easy, more affordable and secure recruitment proceedings from posting/seeking open positions, signing contracts, completing projects and transferring/receiving payments, and more.