Sharing economy is also known as the gig economy, collaborative economy, and access economy. Sharing economy is a type of business model in which products or services are shared between individuals or organizations. Sharing economy allows individuals or organizations to transform physical assets into profit-earning services. Moreover, it allows utilizing the products and services that they do not own ultimately leads to reducing the overall business cost and increases the profits. Global Shared Economy Market is driven by a variety of factors such as digitalization, globalization, urbanization, growing trends of efficient and economic use of resources.

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The global Shared Economy market is expected to grow at a CAGR of 29.5% in terms of revenue over the forecast period from 2021 to 2027, owing to a number of variables about which Research Informatic provides detailed insights and projections in the global Shared Economy market research.

The increasing adoption of online services along with the introduction of online platforms has positively affected the Shared Economy market. Moreover, globalization has made it possible to obtain desired products and services from any part of the world. On the other hand, urbanization has resulted in increased population density at one particular place, thus, trends of economic and efficient use of resources are rising.

Shared Economy Market: Segmentation

The research study segments the global Shared Economy market based on Type, Services, and End-user. The market has been categorized by Type into Free, and Paid; the Services segment includes Peer to Peer Lending, Crowdfunding, Ridesharing, Coworking, Reselling and Trading, and Others On the basis of End-user, the market is differentiated into, Healthcare, IT and Telecommunication, Transportation and Logistics, Retail, Hotels and Restaurants, Tourism, and Others. Among various categories mentioned in services, crowdfunding is projected to grow significantly along with Ridesharing service.

Shared Economy Market: Competitive Landscape

The Shared Economy industry has a moderately fragmented competitive landscape. Some of the key players in the global Shared Economy market include Airbnb, Uber, Lyft, Lime, Snapgoods, JustPark, Zipcar, Spotahome, Stashbee, Fiverr, Fon, Hubble, Omni, Snap, Silvernest, BlaBlaCar, Couchsurfing, Getaround, Turo, Roomorama, LoveHomeSwap, Bon Appetour, Udemy, DogVacay, GlamSquad, CoachUp, Etsy, Eatwith, Link Coworking, Spinlister, LivePerson, Fueled Collective, Indiegogo, and Didi Global among others.

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Global Shared Economy Market: Segmentation Shared Economy Market, by Type

• Free
• Paid

Shared Economy Market, by Services

• Peer to Peer Lending
• Crowdfunding
• Coworking
• Reselling and Trading
• Others

Shared Economy Market, by End-user

• Healthcare
• IT and Telecommunication
• Transportation and Logistics
• Retail, Hotels and Restaurants
• Tourism
• Others

Shared Economy Market, by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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