Remote Work Statistics 2023 – Does It Boom In the Future?
Remote working has become the recent buzzword now. Do you know how many remote workers are there globally? If not, let me explain the exact stats in the blog.
Let us get started.
The Remote Work Statistics Are
Remote Work Growth Statistics
Almost one-third of employees work for companies that only hire remote workers (Buffer)
For many businesses, remote employment has become the norm (at least part of the time).
According to a recent survey, 30% of respondents work for a company where “everyone at their company works remotely.”
“Part of the team is full-time remote, while part of the team works out of the same office,” said another 43% of respondents.
“At my company, we can work from home as needed,” 15 percent said. “At my company, we can work a specific number of days per week/month remotely,” said 9%.
Finally, 3% of those polled said, “I am a solo business or freelancer who works remotely.”
By the end of 2021, 51% of employees worldwide are expected to be remote workers (Gartner)
When talking about knowledgeable professionals like engineers, accountants, authors, and others, the number of remote workers rises. According to Gartner, by the end of 2021, 51% of knowledge workers will be working remotely worldwide.
In the United States, 37% of jobs may be done from home (BLS)
During the epidemic, many businesses realized the value of flexible schedules. Furthermore, the number of remote opportunities is growing. According to the BLS report, 37 percent of US employment could be completed at home, generating nearly half of all pay.
Small businesses are twice as likely to hire workers from home (Owl Labs)
Because small businesses typically have limited operational budgets, they make the most of every dollar they spend. They can use remote workers to gain access to the greatest talent regardless of location, saving money on overhead and office costs. According to Owl Labs, small businesses are 2x more likely to hire full-time remote workers.
24.61 percent of US workers are willing to take a pay cut to work from home (GoodHire)
Employees are becoming more aware of the benefits of working from home. It's no surprise, then, that according to GoodHire, 61 percent of employees in the United States are willing to forego even half of their compensation to continue working remotely.
Check out Affiliate Marketing Stats 2022 here.
Remote Work Tool Stats
Google and Microsoft jointly own the office suite market in the United States (Datanyze)
In the United States, Google's G Suite has a market share of 59.41%.
In the United States, Office 365 has a market share of 40.39 percent, which is over 1.5 times that of G Suite.
In 2023, the market for collaboration software will be worth more than $13 billion (Apps Run the World)
Since 2015, the market for collaborative software has expanded year over year. And it's predicted to keep growing until 2024.
The collaborative software market was worth $7.05 billion in 2015. In 2018, this value grew to $11.01 billion. In 2023, it is expected to be $13.1 billion.
The collaborative software industry is expected to earn $13.58 billion in total revenue by 2024.
In 2020, Microsoft Teams' daily active users will have surpassed 100 million (Microsoft)
The monthly users of Microsoft's Zoom competitor have climbed from 13 million in July 2019. In October 2020, the number of daily users had risen to 115 million. Microsoft Teams will have 145 million daily users in April 2021.
Microsoft Office 365 accounts for about half of the global productivity software market (Enlyft)
Microsoft and Google's productivity software presently dominates the industry.
Microsoft Office 365 has a market share of 46.85%. Google Apps currently has a market share of 46.87 percent. Microsoft PowerPoint has a market share of 4.09 percent.
With 0.89 percent of the market, Adobe Acrobat Pro is in fourth place.
By 2023, end-user spending on cloud-based conferencing is expected to reach about $5 billion (Gartner)
End-user spending on cloud-based conferencing systems reached $2.7 billion in 2018.
The following year, this sum increased to $3.3 billion. And it's expected to rise to almost $4.1 billion by 2020.
In 2023, end-user spending on cloud-based conferencing solutions will total $4.8 billion globally.
How Many Remote Workers Are There In 2021?
Before the epidemic, 4.7 million US employees worked from home (Global Workplace Analytics)
According to data from Global Workplace Analytics, pre-pandemic, 4.7 million US employees worked from home. While the number of people working remotely was increasing before the outbreak of COVID-19, no one could have expected the global shift to remote work that occurred as a result of the outbreak.
Currently, 58.6 percent of the American workforce works from home (Upwork, Statista)
According to an Upwork survey, more than half of the American population works remotely. 41% of those employees work entirely from home. According to Statista, this is a significant increase from the 17% of US employees who worked from home 5 days or more a week before the epidemic.
Globally, 44% of organizations do not accept remote work (Owl Labs Survey)
According to an Owl Labs survey, 44% of businesses do not enable employees to work remotely. Some companies may be concerned about communication and productivity (although data suggests that employees working remotely are just as productive, if not more), but the reality is that some occupations are simply more straightforward to conduct from home than others.
Geographically, the percentage of organizations that allow remote work varies. In Asia, for example, only 9% of organizations enable employees to work from home. Remote and hybrid work patterns are far more widespread in Africa and Australia, respectively, with 59 percent and 65 percent.
Remote Work Productivity Statistics
Workers who work from home are 13% more productive (Stanford Business)
According to Stanford Business research, employees who work remotely are 13 percent more effective than those in offices. Instead of working 9 to 5, some employees work flexibly during their most productive hours.
Large companies employ 35-40% of remote workers (Global Workplace Analytics)
Many large corporations provide their staff with flexible work hours in a remote work environment, boosting productivity. According to Global Workplace Analytics, 35-40% of remote workers are much more productive than those working full-time in offices.
When working from home, remote employees are more productive (FlexJobs)
When FlexJobs polled remote workers about their productivity, more than half claimed that working from home is more effective than working in an office among coworkers. They report that their working environment is more conducive to concentration, with fewer interruptions and distractions.
Sixty-five percent of remote workers say they're more productive (FlexJobs)
Businesses aren't the only ones who notice a boost in productivity when their employees work from home. When employees work from home, they see an increase in their productivity. They also claim that they are more productive than their office counterparts.
Only a third of remote workers take more than two weeks off per year (Buffer)
Despite having infinite vacation possibilities, 44 percent of remote workers take only 2-3 weeks off per year, according to a Buffer survey. The participants in this study came from many nations and worked in fields such as education, IT, healthcare, media, etc.
When working remotely, 17.22% of US workers believe it is acceptable to monitor their productivity (Owl Labs)
Employees in the United States were asked how they would feel if their behaviors were observed while working remotely to determine their productivity in an Owl Labs poll. The results show that 22% of respondents are okay with it, and 36% are OK if a similar strategy is used on non-remote workers. Then 32% are dissatisfied, and 11% consider quitting their jobs.
The study of remote workers' statistics will continue. However, new updates and tools for remote teams must be adopted as new strategies for this recent sort of remote or hybrid workforce.
Employers must strike the correct balance of in-office and remote workers to maximize their company's efficiency. It has become the norm to embrace new remote work trends.
Provide workplace flexibility and flexible work arrangements for your employees. It will provide you with a competitive advantage over other employers. Cheers!