Thematic Intelligence: Sharing Economy
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. As the world grows ever more interconnected, the sharing economy is based on ideas of community. Individuals can share assets such as clothes and toys or services such as household skills and insurance. The sharing economy displaces the notion of ownership as individuals can rent rather than buy assets.
Key Highlights
- According to consensus forecasts, the sharing economy market is expected to reach over $1 trillion in revenue by 2031. As the sharing economy model reaches maturity, companies that made their name as disruptors, like Uber and Airbnb, are now the incumbents. They face a new wave of disruption from smaller players harnessing technologies such as artificial intelligence (AI) and blockchain.
- New technologies such as generative AI allow sharing economy platforms to enhance their services. Companies such as Airbnb and Lemonade have integrated AI into their offerings to provide more personalized recommendations or more efficient services. As AI develops, sharing economy platforms will use it to understand their consumers better and provide more personalized offerings.
- 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 and hiring 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.
- 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.
- Executive Summary
- Players
- Thematic Briefing
- What is the sharing economy?
- How does the sharing economy work?
- The benefits and drawbacks of the sharing economy
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- The geography of the sharing economy
- Timeline
- Signals
- M&A trends
- Venture financing trends
- Company filing trends
- Hiring trends
- Value Chain
- Shared assets and services
- Infrastructure
- Cloud infrastructure
- Data management
- Sharing economy platforms
- Shared mobility
- Shared property
- Shared consumer goods
- Shared equipment
- Shared financial services
- Shared education services
- Shared professional services
- Companies
- Public companies
- Private companies
- Sector Scorecards
- Ecommerce sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Social media sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- able 1: Technology trends
- Table 2: Macroeconomic trends
- Table 3: Regulatory trends
- Table 4: M&A trends
- Table 5: Venture financing trends
- Table 6: Public companies
- Table 7: Private companies
- Table 8: Glossary
- Table 9: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the sharing economy theme?
- Figure 2: The sharing economy model
- Figure 3: The sharing economy story
- Figure 4: Neither the volume nor value of venture financing deals has returned to pre-pandemic levels
- Figure 5: Lyft had the most mentions of the sharing economy in corporate filings
- Figure 6: Active and posted sharing economy jobs peaked in February 2022
- Figure 7: The sharing economy value chain
- Figure 8: Shared assets and services
- Figure 9: The sharing economy value chain – platforms layer - Shared mobility: leaders and challengers
- Figure 10: The sharing economy value chain – platforms layer - Shared property: leaders and challengers
- Figure 11: The sharing economy value chain – platforms layer - Shared consumer goods: leaders and challengers
- Figure 12: The sharing economy value chain – platforms layer - Shared equipment: leaders and challengers
- Figure 13: The sharing economy value chain – platforms layer - Shared financial services: leaders and challengers
- Figure 14: The sharing economy value chain – platforms layer - Shared education services: leaders and challengers
- Figure 15: The sharing economy value chain – platforms layer - Shared professional services: leaders and challengers
- Figure 16: Who does what in the ecommerce space?
- Figure 17: Thematic screen - Ecommerce sector scorecard
- Figure 18: Valuation screen - Ecommerce sector scorecard
- Figure 19: Risk screen - Ecommerce sector scorecard
- Figure 20: Who does what in the social media space?
- Figure 21: Thematic screen - Social media sector scorecard
- Figure 22: Valuation screen - Social media sector scorecard
- Figure 23: Risk screen - Social media sector scorecard
- Figure 24: Our five-step approach for generating a sector scorecard
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook