According to the report, Growing technological advancement and adoption of technology, growing adoption of gig economy platforms
is one of the primary growth factors for the market. An increase in demand for gig economy platforms due to their unique employment relationship upends the traditional ways of working in many ways
is also expected to contribute significantly to the Gig Economy Platforms market. Overall, applications of Gig Economy Platforms, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMAs Analyst on the Global Gig Economy Platforms Market identified that the demand is rising in many different parts of the world due to "Development of the gig economy platform in the developing countries to reduce unemployment problem in emerging countries
". Furthermore, some recent industry insights like "On 14 December 2020, DoorDash and Pay fare announced the launch of the DasherDirect platform, a banking solution for DoorDash delivery drivers (Dashers) offering a Business Prepaid Visa Card and mobile banking app. This marks DoorDash's first-ever financial platform for Dashers, providing them with exclusive new rewards and more flexibility and control over their earnings. This launch is part of DoorDash's Main Street Strong Pledge to empower local communities, which includes enabling Dashers to achieve greater financial empowerment and meet their professional goals." is constantly making the industry dynamic. One of the challenges that industry facing is "Dependent employment and non-employer businesses are affected by some third factors omitted and Lack of regulation to control platforms enabling gig work"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Gig Economy Platforms market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Gig Economy Platforms market and other related sub-markets covered in the study.
o Key & emerging players in the Gig Economy Platforms market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Gig Economy Platforms market size is calculated using market estimation process, the Gig Economy Platforms market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Gig Economy Platforms market size has been validated using both top-down and bottom-up approaches.