Programming & Tech Analytics
Programming & Tech is the second-largest category globally, capturing 10% of market share with nearly $3 million in monthly revenue. The average service price of $129 and strong growth rates (49% revenue growth, 58% sales growth) indicate a healthy, expanding market. With over 150,000 active sellers and nearly 400,000 services available, there's significant competition but also clear demand. The market shows some interesting dynamics - while the total historical sales have reached 4.45 million orders, the current average of 0.17 orders per seller per month suggests room for optimization. The high competition score of 93.93/100 means sellers need to differentiate themselves, possibly through specialization or by offering PRO services (currently only 0.63% of gigs). The negative revenue trajectory, despite growth in sales volume, hints that price competition may be increasing. Looking ahead, the gap between sales growth (58%) and revenue growth (49%) suggests prices might continue to face downward pressure. However, the low penetration of PRO services presents an opportunity for sellers to capture higher-value clients. Sellers entering this market should focus on specialized skills or emerging tech areas where competition might be lower than the category average.