The article cited AMA's Global Gig Economy & Sharing Economy Market Study explored substantial growth with CAGR of %. According the report, Need to Bridges the Gap between Unutilized Asset Owners and Consumers as well as Employers and Freelancers
is one of the primary growth factors for the market. Rapid Growth in Applications of Gig Economy & Sharing Economy is also expected to contribute significantly to the Gig Economy & Sharing Economy market. Overall, Consumer Goods
applications of Gig Economy & Sharing Economy, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as TaskRabbit (United States) (Ikea), Talkspace (United States), Shipt (United States), Onefinestay (United Kingdom), Fiverr (Israel), Appen (Australia), Etsy (United States), Cabify (Spain), Airbnb (United States) and Tongal (United States) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Gig Economy & Sharing Economy market identified that the demand is rising in many different parts of the world as "Growing Demand for Working Spaces, Money Lending Platforms can create Opportunities for the Market Growth". Furthermore, some recent industry insights like "In 2020, Uber has launched two new services such as Employee Group Rides and Business Charter. Employee Group Rides service allows employees from the same organization to book rides together and Business Charter service allows companies can reserve a dedicated fleet of vehicles provided by third-party for their employees." is constantly making the industry dynamic. One of the challenges that industry facing is "Regulatory Guidelines on the Gig Economy & Sharing Economy"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Gig Economy & Sharing Economy market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Gig Economy & Sharing Economy market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Gig Economy & Sharing Economy market tight? Which application/end-user category or Product Type  may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
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 & Sharing Economy market and other related sub-markets covered in the study.
o Key & emerging players in the Gig Economy & Sharing Economy 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 & Sharing Economy market size is calculated using market estimation process, the Gig Economy & Sharing Economy 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 & Sharing Economy market size has been validated using both top-down and bottom-up approaches.