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Sharing Economy - Thematic Research

Sharing Economy - Thematic Research

  • March 2022
  • 47 pages
  • ID: 5872361
  • Format: PDF
  • GlobalData

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Sharing Economy - Thematic Research

Summary
The sharing economy is an economic system in which private individuals share assets and services, either free or for a charge, often using a community-based online platform.The sharing economy has enjoyed a rapid rise, particularly over the last decade.

It has penetrated most industries, facilitated by improvements in the performance of digital platforms and consumers’ increasing willingness to use mobile apps that support peer-to-peer business models.

Key Highlights
- Technology has emerged as the key enabler for the adoption of the sharing economy. Companies are now using GPS, data analytics, and artificial intelligence (AI) to connect consumers with owners in real-time.
- Today’s sharing services are supported by technologies that store and process vast amounts of data about people and assets. Data analytics plays a crucial role by deploying models that collect and analyze extensive data sets and provide users with actionable insights. The technology will continue developing and evolving, becoming more suited to facilitating the sharing economy.

Scope
- This report provides an overview of the sharing economy theme.
- It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
- It includes comprehensive industry analysis, including analysis of company filings, hiring, and social media trends.
- It contains details of M&A deals driven by the sharing economy theme, and a timeline highlighting milestones in the development of the sharing economy.
- The detailed value chain is split into four segments: shared assets and services, infrastructure, sharing economy platforms, and use cases.

Reasons to Buy
- Over the past few years, the sharing economy has grown rapidly, driven by increased urbanization, technological advancements, greater familiarity with peer-to-peer sharing, fewer entry barriers, and the financial gains it offers to consumers. Moreover, high mobile penetration and the increasingly important position of millennials in the global economy-alongside increased demand for shared assets-have paved the way for new business opportunities and additional revenue streams for both individuals and businesses.
- This report provides a detailed overview of this increasingly important theme, including identifying leading companies across all aspects of the sharing economy.

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