Business Analytics

The Business category represents a substantial market opportunity, capturing 2% of global market share with monthly revenues of $341,597 and an average service price of $60. With over 76,700 active sellers and growing monthly sales of 6,223 orders, the market is showing strong volume growth at 45%, despite experiencing some revenue challenges in recent periods. Competition is notably intense, scoring 96.12 out of 100, with sellers typically offering about 2 services each across the total 152,430 available gigs. While the high competition presents challenges, the category's 28% revenue growth rate suggests continued market expansion. The presence of only 0.39% PRO gigs indicates potential opportunities for premium service offerings in this space. Looking ahead, the combination of high order growth (45%) but declining overall revenue trends suggests a market shift toward lower-priced services. Sellers entering this market should consider either developing premium offerings to stand out from the competition or focusing on high-volume, efficiently delivered services to maintain profitability. With average monthly orders per seller at just 0.08, there's significant room for individual sellers to capture larger market share through service differentiation and quality execution.