Dublin, December 20, 2024 (GLOBE NEWSWIRE) — The “Sharing Economy – Global Strategic Business Report” the report has been added to ResearchAndMarkets.com offer.
The global sharing economy market was estimated to reach US$ 287.9 billion in 2023 and is expected to reach US$ 1.4 trillion by 2030, growing at a CAGR of 25.1% from 2023 to 2030. This comprehensive report provides in-depth analysis of market trends. , drivers and forecasts, helping you make informed business decisions.
The growth of the sharing economy market is driven by several factors, including increasing urbanization, economic pressures, and changing consumer preferences. As urban areas become more densely populated, the need for efficient use of resources and accessible services intensifies, making sharing-based solutions more attractive. Economic pressures, particularly in the wake of financial crises and the economic impacts of the COVID-19 pandemic, have pushed many people to seek alternative sources of income and cost-saving measures, which platforms readily offer. sharing.
Additionally, changing consumer behavior, particularly among younger generations, favors access over ownership and values experiences over material possessions. This shift is also supported by growing environmental awareness, with many consumers choosing to share services as a way to reduce their ecological footprint. These factors are collectively driving the strong expansion of the sharing economy, highlighting its significant and lasting impact on global economic and social landscapes.
Why should you buy this report:
- Detailed Market Analysis: Access an in-depth analysis of the global sharing economy market, covering all major geographies and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of key players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global sharing economy market.
- Actionable Insights: Gain actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets including the United States, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
- Company Profiles: Coverage of major players like Airbnb, Inc., Avis Budget Group, Inc., Booking Holdings, Inc., and more.
- Free Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key attributes:
| Report attribute | Details |
| Number of pages | 288 |
| Forecast period | 2023 – 2030 |
| Estimated market value (USD) in 2023 | $287.9 billion |
| Projected market value (USD) by 2030 | 1.4 trillion dollars |
| Compound annual growth rate | 25.1% |
| Regions covered | Global |
Key topics covered:
MARKET OVERVIEW
- Influencer Market Overview
- Global market trajectories
- Impact of COVID-19 and a looming global recession
- Sharing Economy – Percentage Market Share of Leading Global Competitors in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Global Players in 2024 (E)
MARKET TRENDS AND FACTORS
- Growing popularity of peer-to-peer platforms drives growth of sharing economy
- Advances in digital and mobile technologies strengthen the business case for service sharing
- Growing Consumer Preference for Access Over Ownership Expands Addressable Market
- Growth of urbanization and smart cities generates opportunities for shared mobility solutions
- Expansion of collaborative consumption models drives adoption across diverse sectors
- Growing use of data analytics and AI for personalization and optimization strengthens the market
- Growth of the gig economy and self-employment expands the addressable market for shared services
- Advances in Blockchain Technology for Secure and Transparent Transactions Power Innovation
- Strengthening Regulations and Legal Frameworks for Sharing Economy Platforms Drives Market Trends
- Expansion of sharing services in emerging markets expands addressable market opportunities
FOCUS ON A SELECTION OF PLAYERS (Total 86 featured)
- Airbnb, Inc.
- Avis Budget Group, Inc.
- Reservation Holdings, Inc.
- Comuto SA (BlaBlaCar)
- EatWith
- Gaviti Akyl LTD
- HomeShare Online, Inc.
- LimeBike (Neutron Holdings Inc.)
- Lyft Inc.
- movmi Shared Transportation Services, Inc.
- Spacious Ltd (Hubble HQ)
- Spotahome Ltd
- Stashbee Limited
- Uber Technologies, Inc.
- Zipcar, Inc.
For more information on this report, visit https://www.researchandmarkets.com/r/n4n2n3
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of market research reports and international market data. We provide you with the latest data on international and regional markets, key industries, largest companies, new products and latest trends.