This last year has undoubtedly been hard on Wisconsin and the rest of the country, as we’ve seen record high unemployment rates in response to the COVID-19 pandemic. Because of these trying times, many Wisconsinites have turned to app-based work to keep their heads above water.
” Gig Based Business Market 2020: Latest Analysis”
Chicago, United States:- The report titled Global Gig Based Business Market is one of the most comprehensive and important additions to Report Hive Research’s archive of market research studies. It offers detailed research and analysis of key aspects of the global Gig Based Business market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Gig Based Business market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Gig Based Business market is carefully analyzed and researched about by the market analysts. The market analysts and researchers have done extensive analysis of the global Gig Based Business market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain an insight into the overall present and future market scenario. The Gig Based Business report comprises in-depth study of the potential segments including product type, application, and end user and their contribution to the overall market size.
Global Gig Based Business Market report offers a detailed Outlook and future prospects of the Industry. The Gig Based Business Market report includes various topics like market size & share, Product types, applications, key market drivers & restraints, challenges, growth opportunities, key players, competitive landscape.
Top Players of Gig Based Business Market are Studied: TaskRabbit, Guru, Rover, HopSkipDrive, Freelancer, Fiverr, Favor Delivery, Upwork, DoorDash, BellHops, Turo
Competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Gig Based Business market to know the competition at both the domestic and global levels. Market experts have also offered the outline of every leading player of the global Gig Based Business market, considering the key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on the key factors such as company size, market share, market growth, revenue, production volume, and profits.
NOTE:Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Gig Based Business Market which would mention How the Covid-19 is Affecting the Gig Based Business Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Gig Based Business Players to Combat Covid-19 Impact.
The report forecast global Gig Based Business market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation.
The report offers detailed coverage of Gig Based Business industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Gig Based Business by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Gig Based Business market for 2015-2024.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Gig Based Business according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Finally, the report provides detailed profile and data information analysis of leading Gig Based Business company.
Our exploration specialists acutely ascertain the significant aspects of the global Gig Based Business market report. It also provides an in-depth valuation in regards to the future advancements relying on the past data and present circumstance of Gig Based Business market situation. In this Gig Based Business report, we have investigated the principals, players in the market, geological regions, product type, and market end-client applications. The global Gig Based Business report comprises of primary and secondary data which is exemplified in the form of pie outlines, Gig Based Business tables, analytical figures, and reference diagrams. The Gig Based Business report is presented in an efficient way that involves basic dialect, basic Gig Based Business outline, agreements, and certain facts as per solace and comprehension.
Segmentation by Application:
Segmentation by Type:
The Essential Content Covered in the Global Gig Based Business Market Report :
* Top Key Company Profiles.
* Main Business and Rival Information
* SWOT Analysis and PESTEL Analysis
* Production, Sales, Revenue, Price and Gross Margin
* Market Share and Size
Regional Coverage: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some Main Reasons For Purchasing This Report:
✔ Readers of this report will receive in-depth knowledge about the market.
✔Updated statistics offered on the global Gig Based Business market report.
✔This report provides an insight into the market that will help you boost your company’s business and sales activities.
✔It will help you to find prospective partners and suppliers.
✔It will assist and strengthen your company’s decision-making processes.
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Table of Contents
Market Overview: This is the first section of the report that includes an overview of the scope of products offered in the global Gig Based Business market, segments by product and application, and market size.
Market Competition by Player: Here, the report shows how the competition in the global Gig Based Business market is growing or decreasing based on deep analysis of market concentrate rate, competitive situations and trends, expansions, merger and acquisition deals, and other subjects. It also shows how different companies are progressing in the global Gig Based Business market in terms of revenue, production, sales, and market share.
Company Profiles and Sales Data: This part of the report is very important as it gives statistical as well as other types of analysis of leading manufacturers in the global Gig Based Business market. It assesses each and every player studied in the report on the basis of main business, gross margin, revenue, sales, price, competitors, manufacturing base, product specification, product application, and product category.
Market Status and Outlook by Region: The report studies the status and outlook of different regional markets such as Europe, North America, the MEA, Asia Pacific, and South America. All of the regional markets researched about in the report are examined based on price, gross margin, revenue, production, and sales. Here, the size and CAGR of the regional markets are also provided.
Market by Product: This section carefully analyzes all product segments of the global Gig Based Business market.
Market by Application: Here, various application segments of the global Gig Based Business market are taken into account for research study.
Market Forecast: It starts with revenue forecast and then continues with sales, sales growth rate, and revenue growth rate forecasts of the global Gig Based Business market. The forecasts are also provided taking into consideration product, application, and regional segments of the global Gig Based Business market.
Upstream Raw Materials: This section includes industrial chain analysis, manufacturing cost structure analysis, and key raw materials analysis of the global Gig Based Business market.
Marketing Strategy Analysis, Distributors: Here, the research study digs deep into behavior and other factors of downstream customers, distributors, development trends of marketing channels, and marketing channels such as indirect marketing and direct marketing.
Research Findings and Conclusion: This section is solely dedicated to the conclusion and findings of the research study on the global Gig Based Business market.
Appendix: This is the last section of the report that focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs and design, research approach and methodology, and the publisher’s disclaimer.
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Gig Based Business Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2026 – The Bisouv Network
Ed Willing: Gig workers in Wisconsin deserve portable benefits | Column
Though I started driving for Uber in Milwaukee two years ago, during the pandemic I have a firsthand view of how app-based platforms bring positive change by both providing jobs to those in need and helping people in our communities. Whether someone needs a ride to work or groceries delivered to their families, app-based workers use platforms such as Uber and Instacart to help those around them.
One of the main reasons I decided to work in the gig economy was the flexibility it offers. I can make my own schedule each day, and I have experienced freedom that no other job has ever been able to provide me. As a single dad trying to get by during the pandemic, that flexibility has been more important now than ever, because I have been able to balance my work life with my son’s virtual schooling.
As someone whose primary income comes from app-based work, however, I recognize a huge hurdle faced by some gig workers — the absence of a consistent benefits system.
Unlike many full-time employees, many gig workers don’t receive benefits like health insurance or workers’ compensation through their employers. Personally, I tried to hold out on health insurance as long as I could, but without a reliable, affordable way to obtain benefits, I eventually gave out and was forced to turn to a costly health insurance program.
Gig Wage Founder Craig Lewis Aims To ‘Drive Economic Empowerment’ – Crunchbase News
The gig economy has a champion in Craig J. Lewis.
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The Gig Wage founder started the fintech payroll company focused on gig workers and contractors in 2014. Seven years later, the Dallas-based company has raised $13 million in funding and found success in helping 1099 workers navigate their working world, Lewis told Crunchbase News.
The “gig economy” is a free market system in which organizations and independent workers engage in short-term work arrangements. It is estimated that more than 60 million people in the U.S. are gig workers, and that a majority of workers will be by 2027. Meanwhile, the MBO State of Independence study points out that full-time independent workers in the U.S. contributed $1.21 trillion of revenue to the economy.
Based on the current economic environment, Lewis expects this number to only increase.
Lewis spoke to Crunchbase News about the economy, its future and his push for more diversity in fintech. The following was lightly edited for clarity and length.
What was the driver behind starting Gig Wage?
Lewis: When we started in 2014, it was a different company, and then we pivoted. I read about the gig economy in a study that McKinsey did. Back then we had a different payroll technology, but it dawned on me in 2016 that we could solve the payroll problem for gig workers in a unique way. Our purpose, our North Star, is to drive economic empowerment. It’s not just about gig or freelance work, but to drive economic growth for companies, employees and shareholders. We are perfectly positioned to drive this in true value all the way up and down the gig stack by helping drive the efficiencies of how money moves — increased activity, more spending, saving and earning — the gig economy can be the catalyst. We are building the bank of the gig economy so they can bank the entire economy.
Lewis: The vast majority was positive. People were motivated by it. I think that type of dialogue and stand is needed more from people in the actual doing of the actual work. I don’t have to wait until I exit or pre-IPO, I am in it now, I have a good perspective and can take these bold stances. We can talk about this stuff now; so what if people get uncomfortable? There are more conversations to be had this year.
What was the driver for you to do that?
Lewis: It was a knee-jerk reaction to the death of George Floyd and people talking about waiting on the investment community to figure it out. It is going to take time and it might not happen. Black entrepreneurs and investors will enter and make it happen for ourselves. Our excellence and brilliance will be funded. We are an undeniably great investment opportunity, but it has to be driven by entrepreneurs. Venture capital is phenomenal for wealth creation, but the foundation is already built and set. I get a lot of decks asking for money from emerging funds, Black investors raising funds and helping them get access to limited partners, so there is a lot of activity there. The driving factor is entrepreneurs. If anything is going to happen, it is going to be on entrepreneurs. I call out to Black entrepreneurs to continue to be bold and audacious. Our job is to go out, tell our narrative, get them funded and get customers serviced. If you depend on investors, it is never going to happen. If it doesn’t happen, I am going to be beating a lot of pots and pans to make it happen.
Having been around for seven years, how have you seen the fintech sector change during this time?
Lewis: Fintech is phenomenal and an intersection of finance and technology, and it is in the early innings. I have been in payroll and payments for 10 years, diving in as an entrepreneur since 2014. The peaks that are going on, like crypto, ICOs [Initial Coin Offering], headless banking, but I’d love to watch when chatter dies down because that is when innovation happens. It’s exciting to see Black entrepreneurs get into this space. With more Black, brown and woman entrepreneurs at the table, the better it is for the overall consumer. If you think of who is underbanked and who has experienced the problem, the more diversity there is in fintech will help the narrative.
The global pandemic forced many people into unemployment. What does the future hold for gig and 1099 workers?
Lewis: I’m excited about this opportunity. It is not perfect by any means, but meets you where you are. There is opportunity for improvement. Technology is driving behaviour, and legislation is going to catch up. At least, I hope it will — it is not perfect, but it is absolute, so let’s improve and not make it what work used to be. We need a hybrid between a social safety net and what is traditionally tied to employment, such as access to new benefits. People are already getting paid in new ways. This is an exciting time to be in on it.
Illustration: Dom Guzman
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